As the public face of Falls Angel Fund, I receive a lot of inquiries from entrepreneurs and would-be business owners that are looking to raise money to get their businesses off the ground. In the past couple of weeks, I have received inquiries from an entrepreneur running a medical devices startup, an entrepreneur running a […]
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Between my commitments with MarketBeat, Zeal, Falls Angel Fund, 1 Million Cups and other organizations, I had 15 meetings this week. However, I could have had 10 more meetings if I had said yes to everyone that wanted to have a meeting with me to discuss their business or non-profit. There are four questions that […]
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If you’re a business owner, hiring other entrepreneurs to work for you can be a double-edged sword. They can provide a significant contribution to your business, but may ultimately be unhappy working for someone else. I recorded a short video that has discusses the considerations if you’re thinking about hiring an entrepreneur to work for […]
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Some entrepreneurs believe they can’t compete with other players in an existing market and should try to invent a brand new business idea from the ground up. You should be able to corner a market and build a profitable business with no competitors, right? Turns out, that’s not usually the case. Existing competition in a […]
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Please note that the thoughts expressed in this article are my own personal opinions and do not reflect the opinions of any group, organization or company that I am involved with. The next few months will be one of the busiest seasons for the entrepreneurial community in Sioux Falls in the last several years. A […]
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Each month, I meet with five to ten business owners that want to raise money for their startups. Since I’m the chair of a community angel investment fund, there are a lot of people that are told “go talk to Matt” when they ask around about raising capital to grow their business. I take as […]
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Every successful community has central hub for the sharing of ideas the facilitation of random social interactions. Churches have Sunday worship. Service clubs like Rotary and Kiwanis have weekly meetings. Geeks have game nights at local comic shops. These regular places of meeting provide members of a community a forum to engage other people with […]
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“What’s the first step to starting a business?” Common answers to this question include coming up with a name, figuring out who your target market is, identifying the products and services you want to sell, identifying a location for your business or setting up an LLC. These tasks are all important, but I would argue […]
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Entrepreneurship has been a passion for me since my formative years. I sold candy to friends in grade school to make a bit of cash. I made a website about SimCity 2000 in middle school that somehow earned $25.00 per month from ads. In college, I started a personal finance blog that quickly became an […]
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If you’re an entrepreneur in the Sioux Falls area and you haven’t been to the Zeal Center for Entrepreneurship, you are missing out on a hub of support and resources for growing businesses. The Zeal building, which is on the northwest side of Sioux Falls near Southeast Tech, houses a mix of idea-stage entrepreneurs, scaling […]
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