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Compassionate Capitalist Coffee Break – Who Invests in Ideas?

August 11th, 2016 · No Comments

Entrepreneurs often struggle raising seed capital because they subconsciously limit their expectation of who invests at the idea stage to rich friends and family.

In this series of short videos, Karen Rands explains the types of investors and how to find them and engage them to invest in a company at seed stage, when the entrepreneurs are just developing their idea and their company framework.    In the world of seed stage investors, of course you have what many have come to call ‘friends, family and fools’…. the fool part is because they often invest for emotional subjective reasons, rather then based on a list of objective criteria.

Rather than Friends & Family, you could really consider them and ‘Affinity Group’.  An Affinity Group is a term Karen started using years ago during her The Money Hunt© Workshops.   An Affinity Group has a special connection to the Company, either because of a relationship or trust in the entrepreneurs/founders, or because of their belief in the market value of the product.

Click here to see 1 min explanation of Affinity Groups:

or use this link: https://youtu.be/4u4q_HPlFYc

And when you are fortunate enough to find a series investor, that does have business criteria, but is not opposed to investing at the seed stage, it is important to understand how they think.


Karen Rands discusses how entrepreneurs can attract capital at the “idea stage” of their startup. If they can find their ‘affinity’ group of investors that have knowledge of the product and industry, and value proposition or a specific connection to the entrepreneur and founding team.  Sometimes that is from ‘friends & family’ but not always.  Karen explains the mindset of the Seed Stage investor.

To schedule time with Karen to talk about your business and how you can attract capital, click here to complete a short form for a free consultation. Then click the link in the confirmation email to find a time that fits your schedule on Karen’s calendar. 

Are you an investor wanting to get started in angel investing, or wonder should you invest in a deal that has come your way.  You can sign up for Karen’s Inside Secrets to Angel Investing and get a link to Karen’s Calendar. 


→ No CommentsTags: Compassionate Capitalist Coffee Break · Entrepreneurs Seeking Capital Corner · Just Ask Karen!

Entrepreneur Slips into the Value Proposition Black Hole

July 18th, 2016 · No Comments

When an entrepreneur gets frustrated that investors or other market influencers don’t understand their project or don’t see the potential for it in the market, they tend to blame the other party for not ‘getting’ it.  I see this all the time and I call it the Value Proposition Black Hole.   The entrepreneur may have a great concept or actual product ready for market, but they have not figured out how to explain its value to the market and therefore to their audience.   It is the responsibility of the entrepreneur to be effective at expressing the value of an opportunity to investors and any stakeholders.

Short Intro into the Value Proposition Black Hole – 1 min

Key indicators that the entrepreneur has entered the Value Proposition Black Hole:

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→ No CommentsTags: Entrepreneur Biz-Buzz · Entrepreneurs Seeking Capital Corner

Podcast Series Exploring Napolean Hill’s Philosophy – Think & Grow Rich

September 2nd, 2015 · No Comments

There will be multiple podcasts produced dedicated to the application of the  key concepts behind the powerful and timeless Think & Grow Rich by Napolean Hill.  Each segment of the Compassionate Capitalist show series “Think & Grow Richer – Application for Today’s Entrepreneur” will feature a special guest who is a leading expert in their field and is well versed in the application of that topic.   Each topic is highlighted in this blog post as they recorded and releasesd.  They are the foundation for the creation of wealth, increased power, and success achievement first presented by Napolean Hill in 1937.  Although the original ideas were seen as progressive, even revolutionary, they were borne out of a proven approach to the pursuit of goals and dreams; and the achievement of excellence.  The proven results were demonstrated in the fortunes and legacies created by the likes of the Rockefellers, Vanderbilts, and Getty’s.  The concepts set forth in the original manifest over 75 years ago are reborn in modern variations such as The Secret, The Millionaire Mindset, Power of Positive Thinking, and countless others.  By subscribing on the Contact Us page or via RSS feed you will know when each segment is available for listening.   You can also find them on BeyondPod for the Android and iTunes for the iPhone, search on Compassionate Capitalist.

To schedule a free consultation with Karen, please complete this form:  http://launchfn.com/consultation.html

Episode 1:  Think & Grow Richer:  Timeless Philosophy but is it Relevant for Today’s Market? (click for full replay)

This first episode features special guest Ples Bruce.   Ples is a serial entrepreneur who has applied the power of Think and Grow Rich as he navigates through his many successful businesses and other opportunities, and helping entrepreneurs do the same.  Karen and Ples will look at the history behind Think & Grow Rich and offer an overview of the concepts and teachings of this timeless blueprint for success.   Listen to the replay:

Highlights of the show:

1 Visioneering your Desired Outcome, backed up with actionable plans, & team to execute leads to success.

2 Power in numbers – and minds working in unison to accomplish goals and dreams – in earnest.

3. Goals tied to desires become more powerful to be executed.

4. If you think you can you can.  Self-confidence can be created and success can be sustained if you pursue confidence and instilling the belie

To reach Ples, visit http://plesbruce.com

Episode 2:  Think & Grow Richer: Ideas are Things – Power of the Mind (click for full replay)

This second episode walks the listener through how visualizing and believing connected with recognizing opportunities and problem solving will lead to the desired result.   Karen’s special guest on this Compassionate Capitalist Radio segment is Bob Johnson, founder of ClubE and visionary behind the entrepreneurial center in College Park, GA. Bob and his team is the moving force behind the development of the Entrepreneur Hall of Fame and the Communiversity that will transform Southern Atlanta.  Missioned with cultivating new entrepreneurs, attracting established companies and developing a vast undeveloped area in College Park in order to bring economic growth and 1500 jobs to the area.  It is only through the power of belief in his vision that Bob has accomplished the amazing thing he had in just a few short years.

Entrepreneurs characteristically have strong visions about their future and their business.  Understanding how a focus of thoughts toward that vision is a fundamental premise of Think & Grow Rich.   This episode of the Compassionate Capitalist, and the 2nd of the Think & Grow Rich series for entrepreneurs will focus on how visualizing and believing connected with recognizing opportunities and problem solving will lead to the desired result.

Show Link to listen live or the replay: http://www.blogtalkradio.com/karen-rands/2014/10/07/think-grow-richer-ideas-are-things-power-of-the-mind

To learn more about Bob, please visit:  http://clubeatlanta.com/about-us/management-bios/

Key Points from the show:

  1. Establish a specific intent to achieve something – whether financially based or project/outcome based
  2. Believe deeply so that you will continue to pursue past the obstacles
  3. Create an aching desire to reach the result, the goal the vision— the passion for the pursuit
  4. Remind yourself daily what your goals and vision for the outcome are so that those thoughts stay forefront
  5. Take action, because without action, the doors can’t be opened, progress toward the goal can’t be made, and obstacles can’t be overcome
  6. Work with the willing because you become stronger and more likely to succeed when you have a team that is like minded in the pursuit
  7. Don’t Quit!  If you have the idea to give up, it is only because you have lost site of the goal, the vision, and need reminding of why you want that outcome

Every entrepreneur is faced with obstacles that seem unsurmountable.  But if you know and believe in your purpose and feel passionate about  your vision, the doors will open.  You will find the answers.  You don’t know those opportunities will come your way to help you solve the problem yo are facing, you just have to stay in motion so you can reach the door and walk through it.  Every great innovation – Edison’s lightbulb; Mendel’s discovery of the concept of DNA,;Henry Ford and the Model T; the Wright Brothers and aviation; Helen Keller as a maverick to thrive even with her limitations; Bill Gates for Windows Everywhere Steve Jobs to develop the perfect mobile device; Zuckerberg’s Facebook;  all had reasons to quit, but we know them and have been touched by what they accomplished in their lives because they believed and never quit.

Bob had an opportunity to replicate a co-working place he had established in Pheonix.  He was not satisfied to repeat.  He wanted to transform.   His vision is to transform the sleepy little town of College Park in to an entrepreneurial epicenter for Georgia and become a blue print of how every town can create generational economic growth through development of human capital and the delivery of innovation.  Innovation comes from the ideas of entrepreneurs.  To create and attract entrepreneurs,  there has to be a framework to educate  our youth to think like aspiring entrepreneurs,  a means to provide the skills and resources to existing entrepreneurs to excel, and  leading to the creation of industries that offer careers, not just jobs.  All of this tied up in a environment to cooperation and collaboration so that those that succeed, will return to help others with their time, expertise and money.  ClubE Atlanta is the tip of the iceberg that includes development of 300 acres behind Main Street, across from the International Convention Center on Camp Creek Pkwy.  The master plan will generate 3600 careers in under 10 years, but further attract other companies to the area so the ripple effect of economic growth is profound for the Atlanta Aero-tropolis region.

YES Society =  Educating youth, our leaders of tomorrow to believe in YES to their potential and don’t accept NO

Definition of an Entrepreneur – a person that has ideas that they passionately pursue that ultimately becomes an opportunity to impact and grow the economy.

Episode 3:  Think & Grow Richer: Desire as a foundation for setting Goals (click for full replay)

Every entrepreneur knows they are supposed to set goals — long term goals, mid term goals, and short goals.   Often times they wonder why their goals seem to be just words on the paper seem to materialize and just get rewritten year after year.  According to the success principals of Think and Grow Rich by Napolean Hill, goals must be integrated with desire in order to manifest themselves.  In this segment of the Compassionate Capitalist Show – Think & Grow Richer: Desire as a foundation for setting Goals  we will explore the fine art of backing your goals and dreams up with desire.  Desire for the outcome produces organized thought.  And Organized thought leads to actionable plans.  The emotion of desire will keep even the most distracted entrepreneur on track for their goals.

Karen Rands will have Paul Hoyt as her special guest to discuss integrating desire in to one’s goals to achieve a measurable outcome. Paul has spent decades working with the CEOs of both large expanding companies and early stage and start up companies in crafting strategic plans and actionable plans to achieve stated goals.

Key points:

Desire is emotion but in a positive way because in the original use by Napolean Hill it was a positive emotion.  In today’s world desire can be interpreted as something other than pure positive.  Desire for success becomes the burning passion for the outcome.

Putting a time line in place, a date to achieve the goal is good but without the passion and commitment it is just words on a paper.  It is by creating the vision of the goal that aligns with your true being that it can become congruent.  By being very clear on the WHAT,  then we have can put the HOW on that to focus our attention to achieve those goals.   The old saying Seeing is Believing, but rather Believing is Seeing, because by Believing you can achieve your goals and the vision that is congruent with your being and life purpose, the WHAT becomes very clear.

Focus and attention, setting everything else to the side to achieve the goal that you are set out to achieve.   When the goal is tied to desire then is easier to stay focused and on task.  If you find yourself repeatedly distracted from your goal and the tasks to achieve those goals, then you must refocus on the goal and the desire for that goal.  Napoleon Hill had 6 steps to identifying the goal and attaching a desire to that goal that would then give you the power to stay focused and to on point to do the ONE thing each day that will make all the other actions and steps toward that goal easier.

  1. Fix in your mind the exact outcome – wealth, accomplishment, or recognition you desire.
  2. What will you ‘give’ in return – effort, investment, or sacrifice
  3. What is the definite date to achieve the goal and possess that outcome
  4. Create a definite plan for carrying out that desire and begin at once
  5. Write out a clear, concise statement of the outcome, the time limit, the sacrifice, and the plan to achieve it.
  6. Read your written statement aloud every day – at the start and end of your day. As you read, see it and believe it…visualize yourself as in that moment when you have achieved the goal.

Saying YES to a goal that is aligned with your vision and your passion means saying NO to other things.   Of course that doesn’t mean saying NO to Family when saying YES to business, but in identifying the key areas of your life for balance and your goals for each area.   Saying YES to Business may mean not being able to volunteer your time to something or give away services and products because you feel sorry for the asker, it means saying NO to the things that will take away from your Time in the business and your profit of your business.  Likewise, saying YES to your family and spouse to have a healthy home life may mean saying NO to some hobbies or habits that take you away from that focus.

If you find yourself getting distracted, repeatedly, then it is likely that you have lost sight of your goal and your passion and desire for the outcome has subsided.  You may have become impatient with the progress.  Or the distractions have combined to muddy your vision.   You can bring that desire back simply by pulling out your written statement and reading it again and every time you need to refocus your energy.

To get more information from Paul Hoyt and subscribe to his free webinars on all aspects of growing a profitable company visit:  http://paulhoyt.com

Episode 4:   Think & Grow Richer: Faith gives power to Thought and Confidence (click for full show replay)

In this episode of Compassionate Capitalist Radio Show, Think & Grow Richer – Faith gives power to Thought and Confidence podcast, Karen Rands and her guest Faith Reagan explored the topic of Faith—how to get it and use it to overcome self-destructive thought patterns and paradigms that derail us as we strive to reach our goals and achieve the success of our dreams.   Napoleon Hill in his epic book, Think & Grow Rich, describes Step 2 in the journey to achieve success, wealth and personal greatness as Faith.  “Directed Faith makes every thought crackle with Power.  You can rise to limitless heights, impelled by the lifting force of your mighty new self-confidence.”

Faith Reagan is a certified life coach focused on results.  She draws upon a vast past vocational experience from time served in the military to operations with engineering firms, law firms and multiple small businesses and as an entrepreneur herself.  Her personal journey of discovery and redemption took her through the difficult task of rising above the self doubt, depression, and worthlessness brought on by being subject of emotional and physical abuse to the relationship and professional success she enjoys today.  Her mission as a Certified Life Coach  is to help men and women who strive to set and achieve their personal, financial and business goals release those things that hold them back, steal their confidence, and inhibit their ability to move forward. Faith helps them gain Faith that they can achieve their goals.   Sometimes a person may not believe they are worthy of the success they are trying to achieve.  They focus on the negatives in their lives rather than the positive.  It is in the repetition of that negative story replayed in their self-talk of failure or “bad luck” that leads them to repeat and fail to achieve their desired goals.   Similarly, Napoleon Hill determined over 75 years ago by examining the lives of the incredibly successful people of his time, Faith is a state of mind that can be induced or created simply by affirmation.  Every person has the power within themselves to change that if they take the 5 simple steps discussed in this segment.

Highlights from the show and the 5 steps toward Self Confidence:

  1. One must KNOW they have the ability to achieve, and therefore DEMAND persistent continuous action.
  2. Recognize that the thoughts in our mind control our beliefs. Therefore to BELIEVE you can succeed, one must concentrate on the visualization of the image of what you want to become, the life you want to lead – concentrated focus every day.
  3. Autosuggestion is the most direct and effective way to replace negative self-doubts and limiting thoughts with confidence building thoughts. Repetition of the statements that AFFIRM the goals and steps one intends to take to those goals are the best way to ‘rewire’ ones brain.  When it is the ever present thoughts, then the physical pattern will be to enable those thoughts.
  4. The striver acknowledges that the definite chief aim must be written down, and COMMIT to pursue self-confidence sufficient to achieve that goal.
  5. No outcome of Wealth or Position will endure if built upon falsehood. One most fully commit to obtaining the confidence necessary to OWN the success and believe they are WORTHY of that success.  Without building the foundation for success, they will struggle to achieve their chief aim, faced with repeated failure that serves to reinforce the false hood of their self doubt, creating a cycle of undeserved failure.  OR they will achieve their success because of fortunate opportunities, but subconsciously derail their success because they do not believe they are deserving.    By building up the BELIEF one deserves the success one strives for, others will be attracted to that and will help with the attainment of that goal.   It is with FAITH that one embarks upon the journey to attain the self-confidence necessary to achieve success.

 The Law of Autosuggestion:

If you think you are beaten, you are.
If you think you dare not, you don’t .
If you like to win, but you think you can’t.
It is almost certain you won’t.

If you think you’ll lose, you’re lost,
For out of the world we find
Success begins with a fellow’s will—
It’s all in the state of mind.

If you think you are outclassed, you are,
You’ve got to think high to rise,
You’ve got to be sure of yourself before
You can ever win a prize.

 Life’s battles don’t always go
To the stronger or faster man,
But soon or late the man who wins
Is the man (or woman) WHO THINKS HE CAN!

To learn more and connect with Faith Reagan, please visit http://justfaithcoaching.com/hello-world/

Episode 5: Think & Grow Richer: Master Your Destiny

This episode of the Compassionate Capitalist’s Think & Grow Rich series will focus on AutoSuggestion, see yourself where you will be, and you can achieve it. Napolean Hill put Autosuggestion as the 3rd step toward riches.   Autosuggestion is touched on in the initial discussion of Thoughts and Ideas as the potential to manifest themselves in your results and in Step 2 – Faith.  In this segment we will explore the concept in greater detail.

The idea that man is the master of his destiny is accepted by most, but why or how can man be master of his destiny?  It is in the power of the mind.   What one believes he might achieve or not achieve, becomes the reality.  From the time we were little, we were told about Thomas the Train — I think I can, I think I can….and Thomas does climb that hill.  Somewhere along the way, many of us lose sight of that simple premise.   The intent of this segment is to reignite the belief that you can achieve anything you want if you are willing to train your subconscious mind to believe that you can.

During this episode, Karen give very specific examples of how great leaders and innovators have changed everything about our world because of how they disciplined their mind.   She uses relevant examples from our daily lives of how we can let our fertile minds get cluttered with thoughts and doubts that limit our beliefs and thereby limiting our actions, furthering perpetuating our inner voice that we cannot achieve the results we strive for.   She looks at the scientific research that is being done relative to the relationship between mind and body.   She concludes the program with the very specific steps you must take to undo the non-producting and detrimental thoughts that hold you back and replace them with the inspiring, action oriented and belief rooted thoughts that will lead to achieving your dreams.

NOTE: The song that introduces the opening and closing of the episode is a poor sound quality, but the words have great meaning….. Principles of the Game… and this is the game of life.

To learn more about how LAUNCHfn uses these principles to teach entrepreneurs how to raise seed capital to start their business, please complete this form and sign up for a free consultation.  http://launchfn.com/consultation.html.

Episode  6:  Think & Grow Richer: Specialized Knowledge – When you know what you don’t know

Subject:  Building Teams that work together very well toward a common goal

Guest:  Dr. Jeffrey Magee., Speaker, Author Adviser
Compassionate Capitalist Radio Show continues in this success series focused on the original tenants set forth by Napolean Hill in Think & Grow Rich. We will focus on the need for Specialized Knowledge to achieve your goals and make your vision a reality.  An entrepreneur may be inspired and have a vision of the future – success from delivering to the marketplace something that is needed.  One of the steps outlined by Napoleon Hill was to gather Specialized Knowledge to accomplish your objective.

A key point made by Napoleon Hill in this STEP 4 relates to general knowledge vs specialized knowledge.  To quote his text from “Think & Grow Rich”;

“General knowledge, no matter how great in quantity or variety it may be, is of but little use in the accumulation of money.  The faculties of the great universities possess, in the aggregate, practically every form of general knowledge know to civilization.  Most of the professors have but little money.  They specialize on the teaching of knowledge, but they do not specialize in the organization or the use of knowledge.”

Dr. Jeffrey Magee joined, Karen Rands, as the special guest to discuss discovery of what knowledge is needed, how to acquire it by building teams that work together toward a common goal and becoming the leader that can lead high performance teams. Dr. Magee has been called one of today’s leading “Leadership & Marketing Strategists.” Jeff is the Author of more than 20 books, two college text books, four best sellers, and is the Publisher of PERFORMANCE /P360 Magazine  (www.ProfessionalPerformanceMagazine.com), former Co-Host of the national business entrepreneur program on Catalyst Business Radio (http://www.catalystbusinessradio.com/index.php), and Human Capital Developer for more than twenty years.  www.JeffreyMagee.com. He will share insights and his experience in guiding companies of all sizes on how to build winning teams and a leadership culture.

Key points from the show as it relates to the context of Think & Grow Rich:

  • identifying the skills you need:

Ladder Metaphor:   Ladder represents anything you want to accomplish in life, personal professional.  Define your ladder as your goal, it becomes the reference point…. Put your name in the bottom rung because you don’t need help to be better than anyone to be on the bottom rung, then you put the name on next rung that is necessary to give you a hand up to the next rung. Then when you get to the top, you are the best and top of your game and have a team supporting you.

Important to be humble enough to when to shut up when you don’t know, have enough humility to apologize when you mess up, and own it and learn from it so you can move to the next level forward.

  • attracting the best people to be on a team:

Starts with a clear definition of the job and the skills requirements, cast the vision that is attractive to the right person that will be congruent with the corporate culture.  Use the Player capability index…. Partnerships, work experience, testimonials, general and specialized knowledge gained. Quantify where their greatness comes from.  Important to have enough specialized knowledge to know what advanced knowledge is needed in each functional area of their business in order to execute on the strategic plan to make the vision a reality.

  • how to be the leader that keeps those people performing at their optimal:

If you need excuses rather than ownership of an issue or a problem then you are not a leader.
If you need to lay blame rather than assume responsibility, then you might not be a leader people will follow.

Click Here to Register to receive two documents: 03. Player Capability Index Article   &   04. Trajectory Code Article – Jeffrey

The leadership academy of excellence offered by Jeffrey Magee deals directly on this topic with monthly meetings and online education and tools.  Visit http://jeffmagee.com for more information.

Listen to the full broadcast:   Think & Grow Richer: Specialized Knowledge – When you know what you don’t know

Episode 7:  Think & Grow Richer:  Imagination – Ideas become fortunes  Click here for replay

Subject:  Stimulate your imagination leads to Definite Purpose, Definite plan –  Imagine the Possibilities

Guest:  Jim Debetta – Inventor adviser

This segment of the Compassionate Capitalist radio show for this education series for entrepreneurs focuses on Step 5: Toward Riches: Imagination with the podcast: Think & Grow Richer:  Imagination – Ideas become Fortunes.  Napoleon Hill discovered in his study of the most successful men of his day – man can create anything he imagines.  He found then and it is still true today, man has discovered and harnessed more of nature’s forces during the past fifty years than during the entire history of the human race prior to that time.

  • Man has conquered air so that birds are a poor match to the modern plane.
  • Man had defied gravity to fly to the moon – and back, and now populate space with stations that can support life, again and again.
  • Man has harnessed the forces of nature – wind, sun, water – to produce power sufficient to run our modern lives.
  • Man has broken the most complex of chemical coding to be able to define the elements of our human DNA genome to identify markers for various physical characteristics, diseases, and even identify our common ancestry.

At one point someone had an idea – a question that began with a “what if” and either by their own device answered the question or by harnessing the intellect and knowledge of others answered that question.   In this episode, host Karen Rands explores this topic with Jim Debetta, known nationally as a trusted coach and mentor to thousands of inventors and entrepreneurs.  Jim knows how to take new ideas from a sketch on a napkin to selling the final product to major retailers worldwide. He did this for himself generating over $20M in sales, and then for Kevin Harrington, bringing his funded projects to market.  Jim has worked with hundreds of inventors and has seen first hand the power of harnessed imagination.   To learn more about Jim, and gain access to his “Essential Steps to Inventing” worksheet, visit http://jimdebetta.com

Highlights of Jim & Karen’s conversation are:

  • Synthetic Imagination- the art of having an idea that takes existing technology, science, invention and repurposes it or enhances it to do more. In essence, the building of a better mousetrap.  This is also how medical advancements often occur.  We see this with big companies that bring out a “new & improved” product that is slightly better than the last generation or a competitor’s product.
  • Creative Imagination – the hidden spark of inspiration or a “hunch” to try something new to answer the “what if” question when trying to develop a new solution to a problem or a new product that hasn’t been done before.

The old model of doing a drawing to illustrate or publishing a scientific journal to promote a theory doesn’t fly in our advanced society any more.  More and more, from inventors to companies are putting into the market samples of products or beta working models to test the market response before going into full production.  They fine tune the product that they first envisioned with their creative imagination by using rapid prototyping methods, 3d printing, the internet to garner “beta testers” and focus groups.  Entrepreneurs if they exercise their imaginations and exercise their ‘idea muscle” can use the Synthetic Imagination to assess why a product isn’t selling like it should rather than pouring more money into advertising and marketing for a product that simply isn’t what the marketplace wants.

Listen to the full half hour episode or download it to your playlist. http://www.blogtalkradio.com/karen-rands/2014/11/11/think-grow-rich-imagination-ideas-become-fortunes

Episode 8: Think & Grow Richer: Organized Planning – laying the foundation for success (click here to hear podcast)

Subject:  Business planning and leadership

Guest:  Burke Hedges – Jian Software – planning tools

Step 6-  in Napolean Hill’s epic Think & Grow Rich (v 1937) – focused on Organized Planning…creating the road map to your dreams.  You will not succeed in your endeavor to increase your wealth and mark your place in the world as a successful business man or women if you don’t BELIEVE you can achieve that goal, nor if you don’t create a ROAD MAP to get to your destination.   In this segment on the Compassionate Capitalist radio show, Karen Rands is joined by Burke Franklin. Burke Franklin invented business planning software in 1988 with the introduction of his best-selling BizPlanBuilder® business plan software template.  He later re-engineered that software tool kit to be full suite of cloud based tools for entrepreneurs to use to not only plan before launching a business, but also to manage the growth of the business and implement tools to effectively ensure a well run and managed business.  He is the creator of JIAN (jee’on — a zen word meaning “the master of every art”), the company behind an entire suite of successful business productivity software apps & templates for launching, building and succeeding in business.

In this 30 minute segment of the Compassionate Capitalist show, Karen and Burke  talk about the differences in planning your day, your strategy, your access to capital, and the growth of your business…all with the specific intent of taking the necessary steps forward to not only put you on the path to success, but ensure you reach your destination.  Too often, entrepreneurs think they have a plan…but it is in their head.  Or they get started with a traditional plan, and never use it again until they need to get money from a bank or investor.   In this segment you will learn why you need Organized Planning to – THINK and GROW RICH.

Master Mind teams are critical to the success of a company.  They may be your advisors or team mates, but they are vested in the success of the company.  They need to be involved in the building of plans and strategies.  Creating a collaborative environment and using tools to be efficient in that effort is critical so a company can move from planning to implementation with actionable elements.   Developing a plan that not only the entrepreneur believes in but also has the ‘buy in” from key constituency is critical to being able to build momentum in the operation of a business but also in momentum in raising capital because your team can also explain and promote the vision of the business.

Often one hears that investors don’t want to read a business plan to see about investing in a company.  True to a degree.  They may not want to read it, but they want you to be able to explain it and you can’t stay on point and know you have appropriate contingency plans without having first really flushed out the plan.

A mistake in the Plan requires an eraser – A mistake in the field requires a check book.

Every successful business has 3 plans:

  1. Operational Plan – used as your road map for your team to execute on the plan for the managed growth of the business
  2. Business Plan – used to explain the opportunity to capital community and gain emotional buy in from team and stake holders
  3. Vision Plan – the private plan that an entrepreneur and his core team uses to realize the potential as a company expands and extends into other markets and segments

To Learn More about JIAN and the amazing business planning and organization tools developed for entrepreneurs click here

Episode 9:  Think & Grow Richer: Why Leaders Fail 

Subject:  Deadly Habits Entrepreneurs fall Victim too that cause them to fail in their business.

The Compassionate Capitalist Show, hosted by Karen Rands, digresses from the regular outline of each of the chapters in Napolean Hill’s historic best selling original novel Think & Grow Rich to focus on Leadership. Within his chapter on Step 6 Toward Riches: Organized Planning, Hill focuses a great deal on Leadership. He spends time discussing the Origin of Leadership, the Eleven Secrets of Leadership, and what causes a Leader to fail.

Whether you are an aspiring entrepreneur or an active investor mentoring entrepreneurs, understanding and mastering leadership within a growing organization is critical to the success of the company long term. A dysfunctional leader in a company, depending on their shortfall, can lead to a corporate culture of inefficiency, fear, and/or selfishness that will directly impacts the company’s ability to create maximum profit and sustained growth. Without profit and sustained growth, the company becomes an under performing company and does not realize its true potential in the market leading to less than ideal outcomes for an exit and return on investment.

In this 30 min broadcast, Karen explains the concept of Compassionate Capitalists in greater detail and the impact of realizing how the bad habits that cause leaders to fail personally impacted her in her re-launch of Kugarand Capital Holdings and the purpose of creating multiple segments revolved around Napolean Hill’s timeless success “bible” Think & Grow Rich.  She explores the topic of Leadership drawing from Napolean Hill’s writings and her own industry experience from working with hundreds of CEOs over the years.

Multiple types of leaderships….some are good and some are dysfunctional.   Authoritative Leadership is needed within an organization from military to fortune 500 to start ups—must know who the boss is, but can’t lead with only positional authority.  To create a corporate climate that works together for common goals, a leader must also have transformational leadership – ability to influence those around them to commit and follow the direction set by the leader:

  1. unwavering courage – self-confidence and belief in self and purpose
  2. self-control – if you can’t control yourself (in anger, indulgences and ego) then you can’t control others
  3.  sense of justice – taking responsibility when you have made an error or mistake
  4. definiteness of decision –  must be able to make informed decisions quickly and stick with it
  5. definiteness of plans – followers look to the leader to set the bar – to have plans and work their plans
  6. do more – going over and beyond the call of duty for the benefit of the organization
  7. pleasing personality – followers will respect people that treat them with respect
  8. sympathy & understanding – we are all human, we all have shortcomings, it is critical for a leader to be aware of those around them as people.
  9. mastery of detail – devil in the details – can’t just jump without knowing how far it is to the other side.
  10. willingness to assume full responsibility – beyond responsibility for own mistakes, take responsibility for those mistakes made by your followers too
  11. cooperation – common goal will disintegrate if the team does not share the vision and be willing to work toward that common initiative

To learn more about Kugarand Capital Holdings and how it works to bridge the capital abyss for growing companies and sophisticated accredited investors, go here. 

To arrange an initial consultation with Karen Rands about your business or talk about learn about investing in private companies, visit http://launchfn.com/contact.html 

Episode 10:  Think & Grow Richer – Overcome Procrastination to Succeed (click to listen to the segment)

Guest: Kristopher Jones

The Compassionate Capitalist show with host Karen Rands, continues sharing the tenants of Napoleon Hill’s Think & Grow Richer with the topic of Procrastination…how it is a success killer and strategies to overcome it. Our special guest is Kristopher B Jones. Clearly a man who has conquered procrastination on his journey to success. Kris is the former President and CEO of Pepperjam, a full-service internet marketing agency and affiliate network he founded in 1999 and sold to eBay Enterprise (NASDAQ – EBAY). Since leaving Pepperjam 2010, Kris founded an early stage technology investment fund called KBJ Capital, which includes portfolio companies Highlighter.com, French Girls App, Yumm.com, and Internet Media Labs to name a few. He is a best-selling author and sought-after speaker. To learn more about Kris, visit http://krisjones.com and follow him on twitter @krisjonescom.

Over 70 yrs ago, Napoleon Hill described procrastination as the hidden killer standing in the shadow of every human being waiting to spoil one’s chances of success. Failures come from the attitude and behavior of waiting for the “time to be right” or as we have discussed the underlying causes of lack of belief in the ability to reach a goal, and burning desire to overcome a fear of failure. Kris will share his insights and experiences in overcoming procrastination to achieve his admirable success early on, and which he continues to build upon.

As in the prior segments, Karen and Kris explore the foundation of success as set forth by Napolean Hill over 70 years ago.  Desire, Faith, Belief, Planning, and Persistence are all elements that lead toward successfully achieving one’s hopes and dreams for their future.  Procrastination is the tricky little devil that can slip in when you least expect it and slowly derail that journey is one isn’t mindful of the habits that lead to procrastinating and the ever diligent in developing the habits to overcome it.


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Getting Access to Angel Investors and Venture Capitalists

September 2nd, 2015 · No Comments

Angel investors, fund managers, investment groups, and early stage VCs are finding golden opportunities in these economic times.  Entrepreneurial America has never been more vibrant, creative, productive or innovative than when the markets are down. The collapse of public stock values for even “Blue Chip” companies is driving investors to seek alternate ways to recover their portfolio losses. With the cost of key business inputs (labor, rents, technology) lower than ever, the time is right for entrepreneurs to seek private capital to expand their businesses and lead the economic recovery.When all the fundamentals of a successful business are present (growing target market, product that satisfies an unmet need in the market, and a management team with the knowledge and experience to execute) all firms need to succeed is simply good old-fashioned growth capital. Savvy investors aren’t throwing money at early stage companies, but they are looking to investigate, identify and selectively invest in those companies with the greatest potential for high returns. And to attract this capital, these companies — in such dynamic growth arenas as healthcare & biotechnology, alternative & green energy, digital media, and software—need to get the word out and present their case. They need to reach out and pitch investors at venture conferences and angel groups. Entrepreneurs seeking to get their companies in position to lead the economic recovery need be where the investors will be to tell their stories and inspire belief in their products.

According to the National Venture Capital Association 3,808 ventures raised VC funding totaling $28.3 billion. And, according to the Center for Venture Research 70,000 ventures were funded by angel investors last year totaling $37.2 billion. Remarkably, this was after the “recession” had officially begun. The money hasn’t disappeared, it is just being judiciously apportioned by the venture and angel markets. Capital is still out there and with the right plan entrepreneurs can get their share of it. Angel Investor organizations are increasing in numbers and more investors
than ever are joining these groups.   They join the Angel Investor Clubs because they have time to attend dinners and commit to participating on screening and due diligence committees.   For the most part Angel Investor Clubs and VCs are still oriented toward high growth technology companies.

How can investors and entrepreneurs find each other in these economic times?

According to Karen Rands, President of Launch Funding Network and the managing director for the National Network of Angel Investors;

“One of the best ways for entrepreneurs to link up with investors is through regional conferences such as the Atlanta SE Venture Conference, the Florida
Venture Forum or even the Association for Corporate Growth Capital Connection conferences.”

According to Ms. Rands, conferences like these offer opportunities for investors and entrepreneurs to meet and learn about each other in an informal atmosphere that is conducive to discussion and sharing information. Typically there is a screening process to ensure a good fit between the companies and the investors attending the conference. Added Ms. Rands, “When we last held the Southeast Private Equity Conference (SPEC), we brought together nearly 300 attendees including investors representing over $560 Million in capital. Deals were done, resulting in millions of dollars being invested in companies looking to respond to their market opportunities.”  She expects that the other regional conferences have a similar ratio of investors to entrepreneurs and outcomes.   However, it is imperative to be prepared.  It is very easy to spend money going to a conference and get 0 results.  If a company isn’t polished, and very clear in their value proposition to the investor and the marketplace, they will be blur in the investors mind as just another company at the event.  If they can be sure their messaging is clear and compelling, doors will open up for them throughout the conference as investors seek them out to talk with them.  Furthermore, they will be remembered after the conference and there will be a buzz about their company as investors leave, but continue to talk about their opportunity to other investors.   Then the real challenge for entrepreneurs will be making sure they follow up with each and every investor they met and expressed an interest.  And not just once….Karen warns “the biggest failing I see repeated with entrepreneurs raising capital through events is that they simply do not follow through.  They will spend thousands of dollars preparing for and participating in events and then not call all the investors or just call them once and leave a message.   An entrepreneur that approached sales leads the same way wouldn’t expect to be in business very long, why would they expect selling equity in their company would be any different?”

Atlanta is rapidly becoming the hotbed of innovation and capital formation in the Southeast. Silicon Valley and Boston have long led the way with angel investors that had high tolerance for risk and would approach providing seed and growth capital as a numbers game.   Investors in the Southeast and Midwest have long been more conservative, desiring companies to have actual plans on how they would go to market and create revenue.   The playing field is leveling now, as the new trend toward “Lean Startup Methodology” is gaining momentum.   This concept is when a company is expected to engage their target customer segment to gain validation that their product has the features and price point that will lead to sales and adoption in the marketplace –
before they go to market.   The entrepreneurs learn to improvise, adapt, and change in order to launch and build a company that has a greater likelihood to succeed because they know that there are customers willing to buy the product or service.   Therefore the investors are providing capital to go toward creating revenues rather than experimenting with the entrepreneurs perception of what the market wants.

More capital is expected to come into the marketplace over the next couple of years as more investors enter it due to the changes in securities regulations.   With the advent of the Jobs Act, new rules were put in place for how entrepreneurs can solicit investors.   Although the future of pure crowd funding – selling equity to non-accredited, inexperienced investors, in very small amounts
– is uncertain, the potential for raising capital through the offerings eligible for General Solicitation is very exciting.  Accredited investors that are executives in companies and qualify by their income alone, have previously been limited to investing in real estate and the stock market.  Now they have the ability to identify private investment opportunities that have been fully vetted in secure due diligence deal rooms, much as they might look at public investment opportunities on eTrade or other trading platform.  These offerings have been passed by the SEC as qualified investment opportunities under the REG D 506c or REG A offerings.

Within the supply chain of capital, traditional angel investors have traditionally invested in start ups in the technology space.  Venture Capital follows that investment by choosing companies that are high growth potential within a short period of time.   Those companies that have raised a little bit of money to start, and grown organically typically fall into an abyss of lack of capital because they are too far along for traditional angels, to organic in their growth pattern for VCs, and too small for private equity.  The new programs for raising capital with accredited investors open up a whole new pool of funds that will only help the market place for entrepreneurs and access to capital.

To learn more about the Due Diligence Gateway & Investor Relations Services offered by Kugarand Capital Holdings, LLC— visit http://Kugarand.com

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Business Strategies for Success – Attracting Capital & Customers

September 25th, 2014 · No Comments

Fundamentally, the “rules” for launching and growing a strong and profitable business impress upon the entrepreneur the need for a strategic plan.  The business strategic plan starts with vision for the business, target for 5 year milestone, develops a road map to get there, and then identifies the resources – people, expertise, & capital – needed to get there.  And as it gets more detailed from 5 years down to the 90 day plan, it becomes much more functional for the team to implement.  Within 90 days, you will know if something is working or needs to be modified to fit a shift in the market or to respond to new data that wasn’t available when the original decisions of strategy were made.

Recently, entrepreneurs and investors have been realizing that risk is greater with companies that don’t have a plan for how they will generate revenue and even more so when a concept is developed that doesn’t have the benefit of having been validated by the market.   This is  the premise behind the “Lean Start UP Methodology”.   Start up companies will grow organically at the very beginning and work interactively with their target market to ensure the product is something that their target customers will embrace and value enough to pay for.   It is an iterative process that increases the odds of success.

In the Podcast “Business Strategies for Success – Attracting Capital & Customers” http://www.blogtalkradio.com/karen-rands/2014/09/23/business-strategies-for-success–attracting-capital-and-customers Paul Hoyt and Karen Rands explore the importance and differences between a Business Plan and a Business Strategic Plan.   A business plan is more like a brochure to describe the business, where the strategic plan is a blueprint to be a road map for how the company will succeed in the marketplace.   When looking at a company to consider for investment, the executive summary introduces you to the opportunity at a high level, the business plan provides more detail about the direction and potential, but the strategic plan will show how they plan to actually get that point of success.   Often times the strategic plan is saved until due diligence starts.

Companies at different stages may have varying levels of completeness of a strategic plan.  Start ups simply don’t know enough information to have a great detail in their strategic plan where as emerging growth companies with a history of performance leads to shifts or pivots in their strategy on how they need to adjust the plan to achieve the results they want and best utilize the capital they are raising.   Regardless of the stage, the company should have some form of a strategic plan that shows how they will use the funds to ramp up staff, implement marketing plans, enhance operations, and increase sales.

The Lean Start up Methodology in effect creates a corporate environment that is living the market responsive strategic plan.  Fundamentally it is an approach that embraces improvising, adapting and implementing – measure and repeat.

Check Out Entrepreneur Podcasts at Blog Talk Radio with Karen Rands on BlogTalkRadio


For more information about Paul Hoyt and his Beyond Business Services visit http://paulhoyt.com
For more information about Kugarand Capital Holdings and the educational programs for investors and the due diligence portal for emerging growth companies, visit http://kugarand.com

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Two Triggers that drive a company to Pivot their business model?

September 21st, 2014 · No Comments

Whether a company is a start up, early stage or a mature company, odds are that they will come to a point where the CEO looks into the eye of the storm and realize that a change is needed…a shift in business strategy is needed.  To use the popular term, coined initially by Eric Ries in 2009 in Start up Lessons Learned:  they pivot.  They don’t abandon their vision, but the adjust and shift the direction of their product; their go to market; their target customer; their sales approach; whatever is needed to succeed.

When it comes to start ups….Entrepreneurs will be inspired, have a great idea that they believe will take the market by storm.   They pitch it to investors.  The have meeting after meeting, yet the investors just stay away.   One of two things happen:

1) the entrepreneur blames the investors for “not getting it”


2) the entrepreneur pivots.  They shift to a model that gets their product in the hands of customers who want it and are willing to pay for it.

“Pivot” – used to describe smart start ups that change direction quickly, but stay grounded in what they’ve learned. They keep one foot in the past and place one foot in a new possible future. Over time, this pivoting may lead them a bit away from their original vision, but not away from the common principles that link each step.

Mature businesses also pivot to maintain or regain a competitive advantage.  The two triggers for a mature company to pivot are not much different from the two triggers driving start up and early stage pivots.

1. wise counsel from advisers, mentors, team members that can see the big picture and bring their own unique experience to the company that goes beyond the founder’s to help chart a course that can lead to success in growth in market share and sales.

2. reaction to a skid – decline in market share or decline in revenue due to technical shift or competitive environment.

In this podcast: Karen Rands walks through examples of companies – in start up and mature stages discover when  to pivot and get on the right track to stellar results.

Listen to internet radio with Karen Rands on Blog Talk Radio

So You can’t raise capital, or Customers aren’t buying…. You realize you need to PIVOT.  How do you do that?

Martin Zwilling describes 8 types of Pivots for entrepreneurs, CEOs to explore as their way to PIVOT and grow their business and profits.  From Jan 2012:  A smart business knows 8 ways to pivot

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Even in the “Age of Crowd Funding” an Entrepreneur must prepare to Swim with the Sharks

April 21st, 2014 · No Comments

A couple of years ago, before there was crowd funding, and entrepreneurs scratched their heads on how they would find start up capital when they didn’t have rich friends or  wealthy family, LAUNCHfn launched a 6-8 week one on one coaching program that would take entrepreneurs through the paces of creating valid go to market strategy, investor ready business plan, capital formation strategy and even teach the fine art of creating the investor appointments and asking for the check.   Many start up entrepreneurs don’t have the funds to pay advisors, or even lawyers.   So we developed a Do It Yourself program that anyone that is committed to their dream and passionate about success can commit to.  You don’t lose weight overnight, and you don’t get the skills to attract $100,000 to $1,000,000 from a book or a class room.  You learn by doing… and this blog post, video and podcast will lay out the 100 x 10 x 1 plan so you can gain the skills you need to raise capital


Just posting on  a crowd funding portal will not get you funded.   It takes hard work  and preparation.   If your messaging is off, you will shut that door before you have even had a chance to walk through it.   Take the time, invest your time, and do what is needed to prepare your business for success.

To engage for an initial free consultation please visit:  http://launchfn.com/consultation.html

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New DIY Program for Start Up Entrepreneurs

April 5th, 2014 · 7 Comments

One thing most start up entrepreneurs have in common….they have no money.   The have a great, million dollar idea, but don’t have the knowledge, resources or experience to launch the company, build a team, take a product to market, attract capital, and reach the end goal of successfully creating wealth for themselves and their investors.    Many entrepreneurs can learn most of the fundamentals when the enter into a university that has an “entrepreneurship” program as part of their business school.   But if you can’t or don’t want to spend 2-3 years and hundreds of thousands of dollars going to college to be an entrepreneur…And you don’t have thousands to spend on consultants to help you and guide you….what is an inspired entrepreneur to do?

Us the 1-10-100 plan.    Below is a 10 minute video broken into two part that provides a high level overview of the 1-10-100 plan.   Below that is a link to the hour long podcast on the topic that was recently recorded from the Compassionate Capitalist Radio show. The basic idea behind the 1-10-100 plan is if you are serious about learning how to successfully launch and build a multi-million dollar business, and really don’t have any money to invest in your success, you can at a minimum do this:

1 Year
10 hours a week
$100 budget a month

Commit to a year of having the discipline to spend 10 hours a week reading, watching educational videos and webinars, and attending seminars and networking events.  Budget $100 a month to pay for some of the educational materials and to attend events or join specific organizations.   In the videos and podcast, Karen Rands goes through a step by step process of where to find free content and where to find useful seminars and meetings to participate in.  She also covers how to budget the $100 a month and the 10 hours a week to accomplish a specific goal.   At the end of the year, you will have gained the knowledge necessary to know what needs to be done, confidence to meet with investors and gain their confidence, and the skills to build a quality team that will help you execute your fully developed business plan.

1-10-100 Plan for Entrepreneurs Video Part 1

1-10-100 Plan for Entrepreneurs Video Part 2

OPTIN for free Investor Tips at the box on this site or at LAUNCHfn.com website

Podcast Session on the 1-10-100 Plan for Entrepreneurs seeking to start a business, find angel investors, and build a successful early stage company worth of venture capital.

Listen to internet radio with Karen Rands on Blog Talk Radio

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