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1929 a Book that was a long read but ended up a Dissapointment if you want lessons for today!
1929 courtesy of the Orange County Library It is a history book about the crash - but no lessons for today! I finally made my way through the book. It is a huge collection of facts sequenced as anecdotes. Each one makes for interesting reading and is well researched. Unfortunately the author Andrew Ross Sorkin never addresses the obvious similarities to the age we are living in now. Only in the epilogue does he make some observations that allude to our current level of record
herbertprokscha
Sep 11 min read


The Hidden Perils of Variable Interest Rate Loans and Credit Cards for Startups and Small Businesses
Introduction: Navigating the Risky Waters Starting a new business venture is both exciting and challenging. Entrepreneurs invest...
herbertprokscha
Aug 25, 20233 min read


Inflation – does it scare you?
Inflation may be happening and it is scary! Photo by Marcus Winkler What is Inflation? Inflation is currently the hot economic topic and featured hourly on many TV channels you happen to turn on. It measures the average price changes in a basket of commodities or services over time. What does it mean to a Start-Up or a small to medium business that is already facing issues because of COVID-19? It can either kill your company or it can offer opportunities for exceptional profi
herbertprokscha
Oct 28, 20213 min read


Is Family Money good for a Start-Up?
Is Family Money good for your Start-Up? Why or Why Not. Clients have come to us for assistance when resolving issues involving family...
herbertprokscha
Jul 28, 20214 min read


2% of Founders die within 5 years! – Do you have a Succession Plan?
Since Investors know that 2% of Founders die within 5 years do not be surprised if this happens: Your Start-Up is a success and you are meeting with potential investors for your next round of funding. All seems to be going well, when the Partner of the VC company asks you: What happens to the company if you die suddenly? Great moment of awkwardness. You either hem and haw while trying to wing it or you confidently say, “We have a succession plan in place!” If your company has
herbertprokscha
Oct 20, 20202 min read


The Robots are coming – for your lawn!
During the last 12 months we worked on projects involving robot lawn mowers. Because that was a new area for us, we ended up doing quite...
herbertprokscha
Aug 24, 20203 min read
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