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JB

3 years ago

in Are business plans of any use? on Thought Stream: Nitin Badjatia's Weblog
In my experience there is always a great divide between those who have or own the ideas, and those who are able to clearly communicate to potential investors. Many good ideas continue to sit dormant because the originators were unable to make a coherent business case to those able to provide funding - meanwhile some silly ideas that are well-connected and well-pitched, end up destroying capital funding... it's a shame, but a regular part of our system.

Several publicly funded agencies exist with the mission to provide help to potential entrepreneurs – but all too often these “helpers” merely help themselves to perpetuate their cushy government jobs with little regard for entrepreneur’s success … I wonder if these government agency economic development assistors were put on a commission system if their entrepreneurial customers would be more successful?
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