If an inspired entrepreneur comes to an investor with a startup plan that's truly game-changing, but the entrepreneur just isn't in the mold of the serial entrepreneurs that investors usually bet on, will the investor give them the time of day?
How does a startup know when the time is right to leverage the private company stock market? Although there is no clear-cut formula, certain indicators, such as number of shareholders, the age of the startup, and market traction can be utilized.
Here's a practical tool for the skeptic or cynic in all of us: the 24x3 rule. The next time you hear an idea for the first time, or meet someone new, try to wait 24 seconds before saying or thinking something negative.
It's time to invest in those promising minority students and talented innovators who have failed to receive our focus and investment. At the rate minority populations are growing, they represent the next generation of America's leaders.