By Rob Severson on June 25, 2013
FAST GROWTH CAN BRING EVEN FASTER PROBLEMS! In the last 40 or so years I’ve seen thousands of businesses, many of them with financing problems. I have made my living by helping businesses with problems find financing. One common problem is high growth. Businesses that grow too fast often run out of working capital to […]
Posted in General | Tagged banking, business finance, entitlement, finance, financial prosperity, government spending, taxpayers, tea party |
By Rob Severson on February 11, 2012
I think we all have said that at one time or another. My business is coaching businesses that rely on bank’s for financing and I too get angry once in a while. But my role is to teach my clients how lending works and what they need to do to communicate and keep their financing […]
Posted in General | Tagged banking, entitlement, finance, financial prosperity, loans, make a living, money priorities, mortgage deal, personal finance, Wells Fargo mortgages |
By Rob Severson on January 12, 2012
Okay, there are other ways to make decisions too, but I like the decision matrix. I learned this technique 35 years ago and have used it frequently over the year for many decisions. I like it because it gives me a quantitative bases to clarify my thinking. I have here an example of how i […]
Posted in General | Tagged banking, debt ceiling, decision making, finance, financial prosperity, life priorities, make a living, money priorities, personal finance, prosperity |
By Rob Severson on December 16, 2011
Well that sure sounds good doesn’t it? It just makes sense that we should all own a home! I for one disagree! I think there is so much more to home ownership than just getting the mortgage and moving in. even though one may qualify for the loan there are other things to consider that […]
Posted in General | Tagged FANNIE MAE, finance, life priorities, loans, make a living, money priorities, prosperity, social injustice, success, survival, work |
By Rob Severson on October 31, 2011
Most people my vintage believe that social security is not an entitlement, but a return on money we have invested over our working life. I know I want to believe that! However thinking about it I believe Congress believes it is an entitlement, just like welfare, unemployment compensation, and a host of others. As such, […]
Posted in General | Tagged entitlement, finance, prosperity, social injustice, social security, success, survival, taxpayers |
By Rob Severson on September 18, 2011
ARE VENTURE CAPITALISTS GREEDY? That is what they say, some even call them vulture capitalists! Well, I’m sure some are and some aren’t like in any business. But in he case of VC’s is there good reason to be “greedy”? I was in the venture capital business for four years and learned a lot about […]
Posted in General | Tagged banking, business finance, finance, financial prosperity, jobs, loans, money priorities, prosperity, risk taking, Solyndra, Venture capital |
By Rob Severson on April 28, 2011
I’ve been thinking about the similarities of banks and government, especially on how they work with small businesses. I have spent 30 years working with them and see quite a few similarities. One of lenders prime functions is to provide the funds to keep businesses going and to succeed. They set loan covenants that are […]
Posted in General | Tagged banking, careers, finance, financial prosperity, loans, prosperity, success, taxpayers |
By Rob Severson on January 29, 2010
We all know the value of first impressions. If they are good we create a relationship; if bad we have repair work to do. As a former lender I succumbed to making quick judgements many times, especially if my prospect was poorly prepared with their financing request or didn’t have any idea of what I […]
Posted in General | Tagged banking, business finance, finance, loans |