I love a good rant.  I got one several months ago from Janet Stites in reaction to a post I wrote about financial projections.  I asked her if I could publish it and she said "yup."  Here it is.  Janet’s thoughts are her own and come from her experience, but I thought her perspective on […]

Bill Burnham has an excellent rant up on GAAP accounting titled Is It Just Me or is GAAP Completely Broken?  In case you don’t know, GAAP stands for “Generally Accepted Accounting Principles” and is a term regularly thrown around when staring at an income statement, balance sheet, statement of cash flows, or any other “supplemental information.” I’m not […]

As the stock market continues to flounder around (mostly the wrong direction) and some people in the middle east continue to try to destroy each other, I woke up this morning pondering failure.  I thought of another “classical entrepreneurial lesson” that we made at Martingale Software – lack of focus. When we started Martingale Software […]

Jason and I have engaged in a little foreplay with you in our Letter of Intent series.  While you might think the length of time that has passed since my last post is excessive, it’s often the length of time that passes between the first overture and an actual LOI (although there are plenty of situations […]

I thought I’d give you a break from the DNC coverage in the blogosphere (and everywhere else). I wrote the following article on “financial fitness for entrepreneurs” last year for the Kauffman Foundation’s Entreworld web site so it’s reasonably fresh; I got a lot of positive feedback and it ended up in USA Today. It’s […]