What Does Character Have to do with a Business Loan? The seemingly never ending question for every entrepreneur or small business enterprise – where can one timely acquire the necessary venture funding under reasonable terms and conditions? Almost universally omitted from both the question and related answers–if one does not have the requisite financial acumen… Read More

Consider a few “real world facts”: Statistics clearly reveal that for every alleged brilliant new idea, impassioned start up, or early stage business venture (at least up to five years) that anywhere from 36% to 50% will fail depending upon industry area (e.g., pick your poison)http://isbdc.org/small-business-failure-rates-causes/http://www.washingtonpost.com/blogs/fact-checker/wp/2014/01/27/do-9-out-of-10-new-businesses-fail-as-rand-paul-claims/ http://articles.bplans.com/the-real-data-on-small-business-failures/ Only about half of all new establishments survive… Read More

In the “real world” of business, it is neither new revenue additions nor support financing (all necessary ingredients for sure) that will create enterprise success. Rather, either the owner has in place, develops, and/or acquires the necessary knowledge for best business practices and financial acumen, adverse consequences will inevitably follow.     Having the requisite knowledge… Read More

Character – The Indispensable Element within All of Business Financing By Woody Wollesen In furtherance/support of his highlighted special presentations on business financing at the upcoming 2015 National Veteran Small Business Engagement, November 18, 2015, 11:00AM Session, Pittsburgh, PA http://nvsbe.com/ It’s rather curious why most business capital discussions routinely ignore the fundamental element of “character”.… Read More

Rather astonishing is how often the alleged core causes for small business successes or failures (even when lacking credible factual evidence) through sheer force of repetition can often take on lives of their own – fictions versus “real world” facts. One does not have to wander far to hear the resilient echoes for alleged business… Read More