By Kevin M
Right now a lot of people are either unemployed, underemployed or working in a career or job where promotion opportunities are close to non-existent. In such times, thoughts often turn to cutting a new path by starting a new business.
Many of today’s business models are based on the Wall Street principle of OPM—Other Peoples Money. Whether through the sale of stocks, bonds or by obtaining bank financing, large companies and well publicized start ups seek to open new ventures and expand through leverage.
But what works (sometimes at least) on Wall Street can often be business poison to the would-be small business owner.
