Des Moines' Entrepreneurial Community Gaining Momentum

Yesterday I spoke at the BIZ Raising Capital Seminar mentioned in my last blog post. I thoroughly enjoyed being on a panel with some excellent business advisors including:

But mostly  I enjoyed listening and talking with a group of excited and motivated business owners that are determined to make things happen in Des Moines. I felt a collective energy from those business owners that I had not felt from similar groups in the past.

Several of the attendees were also involved in the recent Startup Weekend Des Moines. From the conversation today it was clear that was a highly successful event that may produce more than one viable business opportunity.

I am also encouraged by Christian Renaud's StartUpCity Des Moines. It's a new resource and gathering place for startups in Des Moines.Christian anticipates it will be up and running by the end of the summer. If you are a new business looking for guidance that could be a great place for you to start.

Go create and innovate!

BIZ Raising Capital Seminar March 29th

I'll be one of the speakers at the annual Raising Capital Seminar sponsored by the BIZ on March 29, 2011 at 9:00 a.m. to 5:00 p.m. The seminar is located at the Des Moines Partnership offices.

"Many entrepreneurs don't have a good understanding of the types of capital that start-up businesses can or should raise," says Mike Colwell, executive director of the Business Innovation Zone of Central Iowa, the seminar sponsor. "This event will be the place to learn about the legal requirements, investor expectations of them, the timeframes and the costs involved in raising capital."
 
Leading business advisors will deliver presentations on business valuation, fundraising compliance and legal issues, using friends and family as capital sources, angel investor expectations, and how to use venture capital and private equity sources.

I'll be speaking on corporation and LLC entity formation (it's not the gut wrenching decision some seem to make it) plus partnership considerations (don't do it). Hope to see you there!
 

Franchise King: We Knew Him When

My friend, Joel Libava (aka "The Franchise King"), inked a book deal to write a book on franchising. I'm excited because Joel is a reliable resource in the franchise industry. We don't always agree but I do respect his opinions on franchising. He tells it like it is even if that means calling out a franchisor or two in the process.

If you are considering franchising, I encourage you to visit Joel's site and pay attention to his articles on investigating a franchise. 

Congratulations on the book deal, Joel! Looking forward to reading it!