Common Cents for January 25th 2013

Yesterday, I participated in a panel discussion at the behest of The Birmingham Venture
Club, which is, as the name implies, an organization which tries focuses on entrepreneurial
opportunities and trends. After the perfunctory, canned questions from the moderator, a
member of the audience asked the following, and I paraphrase: “What advice do you have
for young entrepreneurs in getting involved with private equity opportunities?”
As the microphone was at the other end of the table from me, I was able to devise an answer
as the other panelists gave theirs. You see, being at the end is a huge advantage in these
situations, as those at the front typically pluck the lowest-hanging fruit, allowing those at
the end to come up with something else. Basically, being last allows you to answer with
something other than the “first thing which comes to mind.” …Read On…
The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees.