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	<title>Andrew G. MacCorquodale</title>
	
	<link>http://maccorquodale.com</link>
	<description>Thoughts. Lessons Learned.</description>
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		<title>This Isn’t Rocket Science</title>
		<link>http://maccorquodale.com/index.php/rocket-science/</link>
		<comments>http://maccorquodale.com/index.php/rocket-science/#comments</comments>
		<pubDate>Mon, 23 Jan 2012 19:41:59 +0000</pubDate>
		<dc:creator>Andrew MacCorquodale</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[success]]></category>

		<guid isPermaLink="false">http://maccorquodale.com/?p=86</guid>
		<description><![CDATA[It's easy to over analyze anything (and everything) in business, but you should always end up back at the basics. If you don't, you're probably going to lose your money.]]></description>
			<content:encoded><![CDATA[<p><a href="http://maccorquodale.com/wp-content/uploads/2012/01/rocket-2.png"><img class="alignleft size-full wp-image-87" title="Rocket Science" src="http://maccorquodale.com/wp-content/uploads/2012/01/rocket-2.png" alt="Rocket Science" width="255" height="90" /></a>There&#8217;s a lot of great business ideas out there and I&#8217;m fortunate to see a lot of them. I&#8217;ve talked before about the need for a good team&#8230; how good business ideas fail because the wrong people are behind them, and how having the right people often results in the great success of some relatively shitty business ideas. However, instead of the people, I want to briefly talk about the idea itself. More specifically, I want to talk about the value proposition of an idea and how, as I&#8217;ve seen over and over, even the most sophisticated investor can lose his or her investment by losing sight of one simple fact: this isn&#8217;t rocket science.</p>
<p>Enter John Smith. John is a seemingly well established business person with an unverifiable track record to back up his self proclaimed ability to take investment money and generate a very attractive return. After sitting through his pitch, I can&#8217;t help but feel like I&#8217;m missing the point entirely. How does this complicated combination of private equity, institutional debt, venture capital, patent licenses, mergers, acquisitions, and hostile takeovers lead to increasing value? The fact of the matter is that it&#8217;s easy to over analyze anything (and everything) in business, but you should always end up back at the basics. What are we providing? Do people need it? Can we charge more than it costs us? Without the fundamentals, the advanced structures and &#8220;strategic plans&#8221; are nothing more than a smoke screen to mask the truth.</p>
<p>Explaining how you are going to make money shouldn&#8217;t be difficult, complicated, or require an MBA refresher. It also shouldn&#8217;t take more than thirty minutes. If it does, I&#8217;m probably going to lose my money.</p>
<p>&nbsp;</p>
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		<title>There’s no secret to success: but this helps!</title>
		<link>http://maccorquodale.com/index.php/secret-success-helps/</link>
		<comments>http://maccorquodale.com/index.php/secret-success-helps/#comments</comments>
		<pubDate>Mon, 21 Nov 2011 15:37:43 +0000</pubDate>
		<dc:creator>Andrew MacCorquodale</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[business growth]]></category>
		<category><![CDATA[do what you love]]></category>
		<category><![CDATA[passion]]></category>
		<category><![CDATA[success]]></category>

		<guid isPermaLink="false">http://maccorquodale.com/?p=76</guid>
		<description><![CDATA[There’s a very popular saying: do what you love. This is so critically important for entrepreneurs to remember.]]></description>
			<content:encoded><![CDATA[<p>There’s a very popular saying: do what you love. This is so critically important for entrepreneurs to remember. If you’re not having fun, if you have no passion for what it is you’re doing, it will not grow and thrive.</p>
<p>As much as this pertains to new businesses starting out it also pertains to those that are well established. And it happens. Markets change. People change. The leaders and decision makers behind a company can lose interest and, when that happens, the business as a whole will suffer.</p>
<p>There’s more opportunity today than ever before to build your wealth doing something that you truly enjoy. Don’t rush yourself and don’t chase the money – the reward will be much greater.</p>
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		<title>The Basics: Who. What. Why.</title>
		<link>http://maccorquodale.com/index.php/thebasics/</link>
		<comments>http://maccorquodale.com/index.php/thebasics/#comments</comments>
		<pubDate>Fri, 11 Nov 2011 20:52:31 +0000</pubDate>
		<dc:creator>Andrew MacCorquodale</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[business blog]]></category>
		<category><![CDATA[entrepeneurship]]></category>

		<guid isPermaLink="false">http://maccorquodale.com/?p=49</guid>
		<description><![CDATA[My first blog post! Let me tell you a little bit about who I am, what I do, and why this blog is here...]]></description>
			<content:encoded><![CDATA[<p>Look at this&#8230; I have a blog!</p>
<p>I&#8217;ve always thought about a blog, and I&#8217;ve also always had people asking me why I don&#8217;t have one. In fact, over the years (and more so recently), I received a lot of encouragement to start a blog from friends, family, and even a book publisher. None of that is why this blog now exists.</p>
<p>I love learning and growing both as a person and a professional. A considerable portion of my life is spent throwing myself into uncomfortable situations and learning how to get out of them as successfully as possible. The process of starting a blog (and believe me when I say it was a process!) made me realize that it really is no different than starting any other business. Reflecting, planning, building, learning, repeat. Miraculously, I&#8217;ve come out the other end and I&#8217;m ready to begin! I&#8217;m uncomfortable, and that&#8217;s exactly how I should be. </p>
<p>My passions are business, music and aviation. It&#8217;s quite an unusual set of interests but, as I&#8217;ll explain in a future post, it&#8217;s interesting how sometimes the things that you&#8217;re most interested in end up becoming key ingredients to your success. </p>
<p>As you may have already read on <a href="http://maccorquodale.com/index.php/about-the-author/" title="The Author">The Author</a> page (if you haven&#8217;t, I encourage you to do so!), I will share many of my own stories of success and failure, lessons learned, and general thoughts on business. I encourage you to participate in anything I write. While I do enjoy sharing, I get a greater sense of satisfaction when I inspire others to do the same. </p>
<p><a href="http://feedburner.google.com/fb/a/mailverify?uri=AndrewGMacCorquodale&#038;loc=en_US" target="_blank">Subscribe</a>, <a href="http://twitter.com/maccorquodale" target="_blank">follow</a>, participate!</p>
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