Business

“In down economies, the only thing that’s going to change things is changing things.” 
                              - Seth Godin

Anthony Ware is a co-founder with Sam Schmutte and me of VentureSpring, LLC, a consulting and business alliance firm that helps emerging businesses structure and meet capital requirements and develop operational efficiencies.  Anthony had a great blog post this week.  Here is an excerpt:

The door is open. 

The time for complaining about the economy is over… it's time to walk through the door.

Now is the age of Madoff and Economic Stimulus.  People have a million excuses for not being successful, and today it is easier to blame lack of success on others than possibly ever before.  It must be someone else’s fault.  Right? 

As an entreprenuerial law / private equity attorney I hear these excuses all of the time: "US private equity has dried up"; "Angel investor groups and venture capitalists are not looking at pre-revenue businesses".  Fact is - yes, raising equity and building business is harder now than even one year ago, but don't fall into the pit of making excuses.  The opportunities are still there for those who will work for it.  Key is knowing where to look.

Making excuses leads to slothfulness.  Slothfulness disrupts innovation.  Innovation equates change.  “In down economies, the only thing that’s going to change things is changing things.”

Godin and Ware hit the nail on the head – Stop making excuses and lead.