Gable's helpful reminders
When Steve Gable of L. G. Accessories spoke to my class this past week, he brought up some helpful stuff even HE may not have realized.- Using his knowledge that one-third of women have sloped shoulders, he talked about how Strap-Mate was an example of the entrepreneur's requirement to "find a need and fill it." Dave Pollard takes that hoary piece of advice and expands on it particularly well.
- Lisa Gable used as her first primary money source her credit card. Now, some writers suggest that outside investors will not approach you with cash until you have shown use of the resources you already have. But I know that one of the founders of GreyPilgrim Inc. built up credit card debt of $60K on behalf of the company. So there has to be a tradeoff.
- Notice how our documents are always evolving. Sometimes we don't even create them until the need is there.
- Steve reminds us that we always need ways to know we've achieved our standards.
Labels: consulting, young entrepreneurs
posted by Ron @ 11:03 AM
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