Coincido en algunas cosas.. y me gustaría poder aquirir la capacidad de otras.. muy bien por esta gente...
We now do 50% less! Spur is born. . .
How do you do it???
That is a question we hear all of the time from people interested in starting their own business. The answer seems so simple to me, we never really undestood why people asked it until recently. What changed? It all started when we took a cold hard look at our business.
We really had two lines of business
(a) investing in other people's ideas and businesses and
(b) turning our own ideas into businesses.
We figured out that we were failing miserably on (a) but having great financial and non-financial success on (b). In one week we decided to stop investing in other people's ideas and focus exclusively on our own. To better reflect our new mission we changed the name of the company and disassociated ourselves from the VC or private equity business.
Clearly some people know how to invest in businesses and other seem to know how to start them. We decided that we didn’t fit in the former, but instead into the latter group of people. That realization helped us understand why so many people asked me,
How do you do it??? We spent almost five years talking to entrepreneurs with ideas who couldn't get their idea off of the cocktail napkin and into the hands of customers. Throughout that period of time we found a few we decided to fund, but 99% of the time we found more reasons not to fund their businesses. Our new model is simply called Spur.
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