I was going over a business plan with one of my students ( I am teaching Entrepreneurship to a Masters of Management program for my alma mater and getting a kick out of it!).

He had a great business plan, but there was something that I felt he did that was extremely risky that could also be food for thought for would-be entrepreneurs.

He was risking virtually all his savings to build up a fast food restaurant.   Not only that, he was going to borrow an amount that was twice his own money to fund the remaining amount.  What’s more, in order to be able to build the restaurant, he was going to build the restaurant on a lot that he proposed to lease - as a way to lessen initial investment and a way to get a better location.

He had a great concept of the restaurant, and that was a busy thoroughfare,

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Bizdrivenlife was featured in the Carnival of the Capitalists, a regular listing of the best business blog articles.   The february 26 edition of CotC is found here.

 We were also featured in the Carnival of Biz Intelligence,and the Carnival of Biz Finance. 

We also made it to the Carnival of the Entrepreneurs.