Nurturing an Innovation Ecosystem

There is a saying in California that I used to hear often. “If something is hot, pour gasoline on it”. It’s a good motto for nurturing an innovation ecosystem. Data from the Kauffman Foundation shows that most jobs are created when companies move past the incubation stage and into the sales growth or “gazelle” stage….

Neel Kashkari – Lessons from the Trail

Neel Kashkari’s Lessons from the Trail was a great read. As an aspiring political leader, I learned a good deal from his candid remarks. I have a better understanding of what it takes to energize voters and establish name recognition. Here are a few things that we can start working on now. Kashkari writes, “The…

Crowdfunding 201

Crowfunding is the practice of raising money from a large number of people to transform an idea into an enterprise. I encourage everyone to try crowdfunding. Mainly, because it will be the first time you connect with family and friends besides the holidays. Crowdfunding is a lot like strategic planning. First, you have to build…

Raising Money

Raising money is not the same as making money. The difference between the two is not subtle and is rarely confused. Making money has to do with performing a job, which is created by productive individuals who utilize a set of skills that are worthy of compensation. Raising money is accomplished by outlining a framework…

Crowdfunding

The U.S. Supreme Court recently struck down limits on election spending. The cap on the total amount any individual can contribute to federal candidates is no longer restricted. This decision has energized many of my colleagues. I have noticed a renewed focus on courting whales (i.e., the 1%). And when everyone rows in the same…