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Beating the Drum

© Stuart Bourhill

Have you ever wondered how young entrepreneurs and aggressive companies are handling the ever-changing world of venture capital and equity markets? Well that depends ... on how many quarters of cash that they have left, or more importantly, on how well they are treating their customers. As discussed in the last article, we are looking at being back to basics in terms of revenues, profits and cash flow. Real businesses with real revenue.

Some analysts predict that it could take as long as six years for the equity markets to come back to the same levels they were at 18 months ago, i.e., Nasdaq near 3500. Apart from all of us having to simply work a couple more years until retirement, we need to focus on what will truly deliver value. Our company is in the early stages of commercialization and is actively pursuing its first contract. It is interesting to note how important it is to have friends in business. Being able to call upon a friend can be a great way to get started.

We happen to be entering into new markets and are striving to secure that elusive first contract. Perseverance, drive and patience are the virtues of any business relationship. Intelligence, value and having a great product are going to be the balance in tipping the scales toward a deal and a successful business.

Best of luck in the future and remember -- count your blessings each and every day. Life is too short to not remember that we are on a journey.

The copyright of the article Beating the Drum in Management/Leadership is owned by Stuart Bourhill. Permission to republish Beating the Drum in print or online must be granted by the author in writing.