Tuesday, February 9, 2010

John Dimmer

Background Info:
-Graduated University of Oregon with a BS in Finance
-Worked for Puget sound Bank (key bank) for 2 years
+It was interested to hear that his key to success when working for the bank was to "pretend to be an idiot." It was a good lesson learned. One should never underestimate the other side.

-Surety Bonds for 7 yrs.
+It was interesting that his work history to date was all strategic. I think that is a very good move to make. He invested nearly a decade investing in himself by working for these companies. I'm sure what he learned is the reason why he is successful today.

- BETA Tester for Internet in a Box

-Media Company

-Firs investments
+He now deals with real-estate investments, Angel investments, and has his own business accounts such as the Honda dealership

Funding Sources Grid
The grid he made was very helpful in laying out the process of funding. It was also very good hear that there are many angel firms out there. That said Angels are in the business of making money and one should be cautious when dealing with them. John did say that investing is the Wild West of Capitalism..

(2) types of Angels: Rouge and Organizations. VC's are for companies that need 4 mil or more and in the Expansion phase.

Great guest speaker and learned alot! hope to one day have his level of knowledge!!


Wednesday, February 3, 2010

John Goodman

John Goodman was great entrepreneur to listen to. she is a very interesting person. I got the feeling that she lives her life based on quotes and sayings.

One of the things that I took away from that day is rthat an entrepreneur is always learning. She spoke about putting 20% of you cash away even if you have to eat roman. I didn't get that her point at first but it sunk in eventually . I think she means that by putting cash away it gives one the freedom to take jobs or be in situations in which you can learn. Her example of her son was interesting. He is working for a failing company but is having a blast! Being able to do that takes a very distinct mindset.

I was glad that she didn't just lecture us the whole time but actually let us ask questions. Her points regarding advisors is something I found very interesting. I feel that itt takes a lot of burden off the entrepreneur if he has a good advisory board, even if they meet for free dinners. It means to me that an entrepreneur doesn't need to know all but put together a team that makes up for his lack of knowledge.

John Goodman

John Goodman was great entrepreneur to listen to. she is a very interesting person. I got the feeling that she lives her life based on quotes and sayings.

One of the things that I took away from that day is rthat an entrepreneur is always learning. She spoke about putting 20% of you cash away even if you have to eat roman. I didn't get that her point at first but it sunk in eventually . I think she means that by putting cash away it gives one the freedom to take jobs or be in situations in which you can learn. Her example of her son was interesting. He is working for a failing company but is having a blast! Being able to do that takes a very distinct mindset.

I was glad that she didn't just lecture us the whole time but actually let us ask questions. Her points regarding advisors is something I found very interesting. I feel that itt takes a lot of burden off the entrepreneur if he has a good advisory board, even if they meet for free dinners. It means to me that an entrepreneur doesn't need to know all but put together a team that makes up for his lack of knowledge.