I am both a small business owner and an investor so I have been on both sides of this coin a few times. Both trying to decide what is best when looking for new partners and as someone trying to offer value as an investor.
As I have the desire to help more small businesses grow (not looking to advertise or find any deals here), I wonder what you all feel you need?
The things I personally give to a small busines is
Basically I am looking to better myself as a hands on investor.
Thanks for indulging my question. Hopefully it can be useful for the community in general.
As I have the desire to help more small businesses grow (not looking to advertise or find any deals here), I wonder what you all feel you need?
The things I personally give to a small busines is
- money
- connections
- the understanding of how to run a business, the basics.
- an ability to problem solve
- an ability to negotiate
- an ability and the time to get hands on
- a great ability to work through the math and a, b, c of a busines.
- real world small business experience
- the ability to build a great p&l
- the ability to be hands on in the organizational aspects of the business
- the ability to use excel rapidly and effectively
- and on and on
Basically I am looking to better myself as a hands on investor.
Thanks for indulging my question. Hopefully it can be useful for the community in general.