For the last 3 years I have been pretty fascinated with a company called Benchmark Capital.
Sorry for the cheesy picture but you'll notice that none of these guys are wearing ties
In 1997 the turned $6.7 million into $5 Billion by backing a small start up called eBay. They are a venture capital firm based out of the Silicon Vallley. But they aren’t exactly the cut throats that most of us might make your average billionaire to be. This is taken from their website: Continue reading
I wasn’t planning on writing about this in a public forum but I have difficulty in writing about things that I am not currently fired up about and right now this is what’s on my mind.
For the last two weeks I have been obsessed with working though a business model that will sustain itself for the next 50 years. I see myself as an entrpreneur, an investor, and a business man. One of the questions I have been asking myself is: What do I want my business card to say in 50 years? There are two main options that I see:
- I carry around 20 business cards. One for every parternship and business that I am involved in running. (I currently participate in operating 3 and am partial owner of an additional 2)
- I carry one business card that represents an umbrella company that every business functions under.
Let’s back up because I think I’m getting ahead of myself. The reason why I have been successful in business ventures thus far is because I have been successful in partnerships. Continue reading
For the last 4 years I have owned a 4-plex rental property with a business partner. In the 4 years that we have owned it we have:
- dealt with 2 evictions
- been to small claims court 3 times
- had 6 checks bounce
- had our “address lost” 7 times (the address rent was supposed to be mailed to)
- had the police called 10+ times (usually drug related)
- had two people abandon the property leaving all of their possessions behind (including used condoms)
- had people take the bus to our personal house to pay rent….2 months late
- have heard more stories and broken promises of money we could expect at the “next paycheck” than I have heard in my entire life. Continue reading