Venture capitalist Howard Morgan long spoke of the “Four P’s” of sizing up a business for potential investment: People, Product, Plans and Profits. Later, he added two more: Starting about 1996, when I was a lead investor in Idealab, I was inspired by Bill Gross to add a Fifth P. […]
Monthly Archives: November 2007
17 posts
Some of you will be going into business. For that you need two eyes. With one eye you have to check accounts receivable and accounts payable, overhead and profit margins, payroll and insurance costs. With the other you have to attend to your employees – are they receiving just reward […]
If I don’t practice one day, I know it; two days, the critics know it; three days, the public knows it. — Jascha Heifetz, quoted in Forbes Magazine‘s Thoughts on the Business of Life