True Story: Friends and Family Financing
He was about 45 or maybe 50 when I met him. He was spreading, graying and somber. You don’t know him. You probably never even heard of him. He’d spent the last 15 years of his life starting, building and growing a sailboat manufacturing company. It sounds glamorous, doesn’t it? He sailed as a hobby,...
By Tim Berry
Funding a Business from Friends and Family
If I could make a point with budding entrepreneurs, it would be that you should know what money you need and understand that it is at risk. Don’t bet money you can’t afford to lose. I’ll always remember a talk I had with a man who had spent 15 years trying to make his sailboat...
By Tim Berry
