Monday, July 9, 2012

The "Quick No"


Our business requires that we review a voluminous number of business plans, executive summaries, and termsheets.  As a matter of fact, I would estimate that these reviews constitute the single most time-consuming aspect of our business.  Our intent is always to select the firms and people for whom we can be most effective in assisting them to achieve their business objectives.  This often requires us to make introductions to, or partner with, other firms or individuals to assist a client.  At times, these potential partners (and you know who you are  ;-)) often do not say yes and do not say no.  For the record, we prefer a quick "no" to a lack of decision.  Just food for thought.

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