“What is your bootstrapping strategy?” asked Sharks on Beach judge, Lewis Rudd, founder of Ezell’s Famous Chicken. “It means how will you pull yourself up by your own bootstraps if you don’t get the investment you have asked for.”
What a great night at Urban Impact’s Sharks at the Beach event in Seattle last Thursday. 5 entrepreneurs competed Shark Tank style for an investment into their social enterprise companies.
“A rising tide lifts all boats” is a phrase made famous by President John F. Kennedy as he used it repeatedly in his speeches to encouraged Americans to build each other up and that was on full display last night by the entrepreneurs, judges, sponsors and especially Urban Impact who continue to do innovative work in Seattle to empower people lift themselves by exposing people in the community sound business practices, a sense of caring for the community and building relationships with others in the business community who can partner with local entrepreneurs as they grow their ventures. That is how it’s done.
I advise my clients that having talented, dependable people on their staff is essential to protecting their balance sheet and growing their business. These days, a big difference maker in your business is finding talented people. I am constantly advising my clients to expand their search parameters when searching for talent. Also, I tell them, you can teach the specific skills required for your business, it difficult to teach drive, motivation, innovation, dependability. I saw that in droves when observing the Sharks at the Beach contestants. To find talented people you need to be where they are at. Now go fishing.
You should reach out to B.J. Stewart at Urban Impact to learn how you can participate in building up the community and creating relationships that can impact your business as well.
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