The good news is there’s plenty of money now around to finance them. The bad news is that most entrepreneurs are nuts. Wait, that’s not fair. They have their own agendas and\u00a0 often it doesn’t include me or my i-banking friends that would like to invest.<\/p>\n
Back to my worst investing mistake. Never fall in love with an idea, a business or a property. Love is for your family. It’s OK to get enthusiastic about someone else’s startup, but if it doesn’t work out, move on. And move on fast. When God closes a door, she always opens a window. And often within hours. And often the new window is better, brighter, has a better view.<\/p>\n
My son recently lost one house he wanted to buy. Someone paid more. He quickly found a better one.\u00a0 I meet with entrepreneurs. I usually love their ideas. My enthusiasm skyrockets. Then I do due diligence. Or they do their due diligence on me. They puke. I lose the deal. I used to get depressed. No more. Time to move on. Play tennis. Eye the next one.<\/p>\n
The is the era where technology makes for unique and wonderful businesses. Items:<\/p>\n
+ Spanx makes “shapewear.” <\/strong>The stuff was on grand display at the Oscars last Sunday night.<\/p>\n Even the men were wearing it:<\/p>\n Spanx is so good it eliminates “muffin top.” That’s what happens when your shapewear pushes your fat in, producing a bulge at the top. Sara Blakely, who founded Spanx, is now a zillionaire. You got to admit this woman has a way with words. “Expect more from your underwear.” It’s brilliant.<\/p>\n Buy your very own Spanx here.<\/strong><\/a><\/p>\n + Implus Footcare makes insoles. <\/strong>I bought these recently. <\/strong><\/p>\n They’re remarkable. Replace your present insoles with these $25 ones and you’ll be on seventh heaven. I was replacing shoes, when I should have simply bought a pair or two of these. Dr Scholls are junk. These are the real thing. Click here.<\/a><\/strong><\/p>\n + Under Armour is Nike’s most aggressive competitor. <\/strong>Cramer pounded the table last night for UA. He talked about UA’s “relentless innovation.” He talked about incredible growth. He said it was taking share from Nike. He highlighted UA’s innovation, including:<\/p>\n – Compression apparel<\/p>\n – Coldblack technology<\/p>\n – Ccharged cotton\u00a0 — dries five times faster than normal cotton.<\/p>\n – Waterproof stuff – including waterproof hoodies, oe of which he was wearing.<\/p>\n UA has done well:<\/p>\n P\/E at 47.4 is much higher than Nike’s 23. But Under Armour is growing faster.<\/p>\n![\"\"](\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/02\/spanx.jpg\" "\\"spanx\\"")
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