The Pacific Venture Club

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The Pacific Venture Club

An Assessment of the HIRE (Hiring Incentives to Restore Employment) Act

HiringHere's a summary assessment of the HIRE Act for the entrepreneur.

In March 18th 2010, President Obama signed into law a $17.5-billion jobs bill called the HIRE (Hiring Incentives to Restore Employment) Act.  The bill includes subsidies for constructions bonds (state and local) and business tax credits, and moves $20-billion in highway trust fund.

So what, if any implications on hiring would this have for the entrepreneur?

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Article: Raising Venture Capital in a Difficult Economy

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Raising Capital in a Difficult EconomyIf you are an entrepreneur in a startup or growing company, I don't have to tell you that these are economically difficult times. Entrepreneurs have been hit from every financial front imaginable: the venture capital industry has been devastated, the decline in real estate has reduced home equity loans, and the banks themselves have teetered on the edge of the abyss. Even the consumer credit card industry, the last resort of financing for many entrepreneurs, has tightened up considerably. Many credit card companies have drastically slashed consumer credit as a means of protecting themselves.

Although it may seem counterintuitive, these are actually not bad times to raise money for entrepreneurs. There are several reasons for this.

Last Updated on Thursday, 02 September 2010 16:13 Read more...
 

Webinar: Making Your Company More Valuable

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Making Your Company More Valuable from Michael Chinn on Vimeo.

This is a complete webinar presentation (almost 1-hour long).  Presented by Robert Coleman and Michael Chinn for the Irvine Micropreneur Program, this webinar covers how to increase the value of your company for partnering and acquisition purposes. If you are considering a joint venture, a merger, or an outright sale of your company this webinar could be very helpful.

Last Updated on Thursday, 02 June 2011 10:07
 

Creating Positive Business Change

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Creating a Positive Business Change“Now, here, you see, it takes all the running you can do, to keep in the same place. If you want to get somewhere else, you must run at least twice as fast as that!”
-The Red Queen from Alice in Wonderland

“Any idiot can face a crisis - it's day to day living that wears you out” 
-Anton Chekov

Many small business owners find themselves in the position of wondering if they own their company or if their company owns them. The daily grind of delivering products or services, acquiring more business, and handling the endless problems that crop up can leave a business owner asking “What did I do today”?

Last Updated on Thursday, 02 September 2010 16:32 Read more...
 

Article: Using the Internet as a Resource to Find Investors

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Using the Internet to Find InvestorsThere is no question in my mind that the Internet is the greatest resource ever invented for entrepreneurs who want to raise money from investors. Never have so many tools existed for entrepreneurs to locate investors. You can extend the premise of Chris Anderson’s famous book “The Long Tail” to include investors: for every project, every idea, no matter how unusual or niche-focused, there is somebody somewhere who will want to invest in it.

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