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When the Leader Needs Help

Great Leadership By Dan

If you’ve got outside funders, they’re demanding more and better financial reporting from you, and your board is starting to breathe down your neck about preparing for an IPO. Actually, even if this is your choice you still need to pick from #1 or #2 until the company is in good shape for sale or IPO. Look for a buyer.

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Use Data to Fix the Small Business Lending Gap

Harvard Business Review

Some lenders – as well as the Small Business Administration, which provides a partial guarantee on some loans made by lenders – have also incorporated third-party credit scores like those produced by Dun & Bradstreet, which use propriety predictive models that contain a blend of personal and business data to better assess borrower risk.

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Here's What the Internet Is Up To

Harvard Business Review

People are OK at assessing others but really bad at seeing themselves in their own unvarnished, self-centered, sometimes ethically challenged glory, as psychologist David Dunning writes (Robert Stephen Kaplan says we don''t know our own strengths either ). But then only 43% of the total actually made such a purchase. — Andy O''Connell.

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Use Data to Fix the Small Business Lending Gap

Harvard Business Review

In August, OnDeck announced an IPO valued at $1.5 New entrants to small business lending have been taking this blended model even one step further. What seems novel and niche in small business credit scoring today has the potential to be ubiquitous tomorrow.