Sharks

Last night, my husband and I watched part of the new ABC show "Shark Tank". In the show, hopeful entrepreneurs come before a group of investors, asking for money in exchange for a stake in their company.

The premise is interesting, but I doubt the American public is going to watch this show for very long. But...it did make me think about the way that most of Americans look at starting a business.

There is a principle taught in the Bible. When you have proven that you can handle small things, you will then be trusted with more and larger things. However, most hopeful entrepreneurs think that if they can get their hands on a large amount of cash, then they can start their business "the right way" and everything will be peachy.

However, if that person has never handled a $10,000 cash flow successfully, it is doubtful that they can handle an influx of $500K wisely.

Start slowly...avoid debt...use creativity...