Wildcat Seed Fund Pitch Event

The Wildcat Seed Fund Pitch Event took place last Thursday (12.5.19).  The successful presenters were (from left to right) Garth Tuck, INflatable Robot Activity Surface, Anna Zack Zack Family Farms (Flower farm in Ogden), Dallin Arave Mobile VR Gaming for parties and events, and Mark Bailey Ping Pong Picker Upper.

One of my functions with the Wildcat Seed Fund is to mentor applicants to help them create and viable business concept with good up-side. I’m delighted to say that Anna and Mark where my mentees. Each was awarded $1,250 to help them achieve significant milestones as they move their business forward.

This opportunity will be opened to the community in the upcoming months.  It’s a fantastic opportunity to explore your business concept, or early-stage startup with a mentor and work toward participating in frequent pitch events.

Ogden’s Monarch Opens!

Honored to be at the Monarch’s grand opening. Hats off to Thaine Fisher, his family, and team for propelling Ogden into the future. The Monarch is a collaborative environment where artists, creative businesses and makers of all types can connect, inspire and create together in the heart of Ogden’s Nine Rails Creative District.

Visual Art+Design Studios @ The Monarch

As a staunch supporter of an industrial co-working space in Ogden I was dis-heartened to learn of Ogden City’s decision to ‘pass’ on the maker space concept in The Monarch.

Imagine my delight when Weber State University announced that the BFA Program will be expanding to The Monarch with Visual Art & Design Studios.  Many of the elements of Union Industrial Co-Working have been lost over time but WSU off-campus studios lives on!

Entrepreneurs: Their own worst enemy

Business startup is an exhilarating undertaking filled with enthusiasm and high hopes of success.

According to the Small Business Administration about two-thirds of businesses with employees survive at least 2 years and about half survive at least 5 years. As you would guess survival rates improve for a given business as it ages.

“A lot of companies fail unexpectedly,” said attorney Andrew Sherman, a partner at Jones Day in Washington, D.C., who advises businesses on issues affecting growth and strategy.

And this is where you can significantly improve the likelihood of success for your start up, consider and plan for the unexpected which is simply the foreseeable occurrences that a seasoned business professional knows.

Don’t be one of the 470,000 US businesses that are closing annually according to the US Census Bureau.
Although they don’t all close due to failure many do and often it’s because the owners got blindsided by factors they did not anticipate.

Most of these start up risks can be averted, but only if you plan for them.