Time

They tell me Dot your I's and cross your T's
They say check your grammar check your spelling
They say wait till it is perfect
I say I am an Businessman
 I am a Entrepreneur
I am a Professional
If waited for all these perfections
I would still be waiting
Because time does not wait 

AI Block chain and Bitcoins the new dotcoms of today

Artificial intelligence Block chain and Bitcoins Reminiscent of Dotcom era

Remember the dot com craze
Every investor was ogling the next deal on dot coms
I remember it well
 I was in process of taking my second company public this time I was doing it with an RTO ( reverse take over) of a shell public company
So I would call the available shells and to my surprise every one wanted to do the deal with dot coms
Most  of them without knowing much about as to what was Dotcom
I remember calling one of these  company's president I gave him the details of my deal
His response was Luke warm, he asked me if I can send him more info to which I replied I will do so but at the same time For him to look at our website "at the acompany.com"
Well that was the magic word and I got all his attention now know that my company had nothing to do with Dotcom but the word got the attention
Today all the VCs and every capital is flocking to invest in early FinTechs
While tech companies are rushing to  associate them self with this technology
For those of us who have been around for a while know how it sounds like the Dotcom era, it was a fervor and in 90s investors were running at the Dotcom opportunity
Many went bust but what came out of it was some very nice companies and a new life style today's Giants like Amazon and AliBaba are the witness of this dot com boom
As we look to future on the new Fintech companies yes many of them will crash and burn some will be frauds but mostly what will come is the new technology and a new way society operates
From Turnpikes to Radio stations to Dotcom to  Fintech brave risk
capital has continued to support new ways for human convenience to continue to make our society better

Business plan is not a summary pageWe must look at substance over form

Many entrepreneurs make this one mistake in preparing a business plan

Being so enthusiastic about their venture , while they get a great encouragement from friends and family the real test comes when one needs financing 

Getting your business funded the financiers want to look at the hard facts

If you are like me you get a lot of calls " I have this great opportunity I want you to look at" but many time the story runs short of substance

Amazing and enthusiastic it may be but if it is missing the ingredients to back it up it is just a to do list

We are all searching for a scalable and repeatable business therefore

we must look at all the hypothesis about business it's products, customers and how would they be retained

Challenges to the business have to be detailed including any negative factors as well as how to mitigate them

Financial projections and underlying factors that test them

All the above must be detailed, challenged is what give a business plan substance which is than ready to meet the potential investors and lenders

Always keeping in mind Substance over form

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