But someone has to pay that team. The concept of venture capitalism works when the lender is a mentor to the entrepreneur. It takes more than money, but a lack thereof will kill anything and anyone. Let us please consider the lives of many of those who want to be business leaders and never gain the financial legs they need. Crystal On Thu, Sep 10, 2009 at 4:57 PM, Joseph McDonald <mcdonaldoj@gmail.com>wrote:
The biggest assest a venture capitalist brings on the table is setting up the best team possible to make the business work.
Sometimes money is not everything.
On Thu, Sep 10, 2009 at 1:54 AM, Ogure Obunga <write2ogush@gmail.com>wrote:
I once went out looking for funding to set up my own biz. Apart from being frustrated, it cost me lots of efforts and time. It is then that it occurred to me that what I really needed was not much money. After all, the most successful companies in the world were started with little or no capital at all.
I think the best approach that financiers could adopt especially for the entrepreneurs in technical fields is to offer apprenticeship, incubation or something like that. And since I hit the road with this in mind, I could only have wished that I had started much earlier. So far, I'm not complaining.
Obunga Ouya
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-- Crystal "Naliaka" Watley Kigoni Voices of Africa for Sustainable Development crystal@voicesofafrica.org http://www.voicesofafrica.org/ "You must be the change you wish to see" - Gandhi