Jonathan Mills Patrick

shares in a startup

Offered Shares in a Startup? Ask these questions

The allure of being an early employee, and therefore getting shares in a startup, can be hard to pass up on. But, not all offers are equally valuable. A lot has to happen for your shares to turn into real money in that venture.

consumer debt

Pop Goes the Consumer Debt Bubble

There is a consumer debt bubble looming and it could easily pop. Here are the numbers that lead me to believe that and what I am doing about it in my own life.

real estate investing

These Real Estate Statistics Scare Me

I’ve been calling for a recession for some time now. Just weeks ago I said one was coming in the next 12-18 months. A huge driver in my opinion, among others, is that the housing market is out of whack and anytime that happens we tend to see a correction.

decision matrix

The Power of a Decision Matrix

Ever struggled with tough decisions? A decision matrix could be the perfect way to push you toward completion and a way to review past decisions.

buying a business

Things to consider when buying a business

I don’t know your personal circumstances, experience, or skill sets. But, hopefully, by going through these five questions you will be closer to understanding if this is the best path for you.

buy a business

Buy a Business vs. Start One

Whether you buy a business or start one really comes down to a variety of factors. There are so many things to consider that I could write an entire book on the topic. Today, I am going to focus on some of the earliest things to consider.

investor blocking

What is “Investor Blocking”?

Some startup founders use a strategy called investor blocking. Here is what it is and why it isn’t always ethical.

recession

I see a recession coming

I see a recession coming driven by inflation in food, gas, and home prices. Plus, salary increases. Here is how I’m preparing.

sba loan

How do Micro SBA Loans work?

The micro SBA loan program is perfect for certain small businesses. Particularly new small businesses. Here is how it works and how to apply.

investing

Are Rising Interest Rates Good for the Stock Market?

Rising interest rates are already a real thing with more increases to come. Here is how that will affect the stock market.

commoditites

It Is Time to Add Commodity Investing to Your Portfolio

Commodity prices have been soaring lately in part due to the war in Ukraine. That has me wondering if it is time to add commodity investing to my portfolio. Here is what I learned.

The Mistakes That Cost Me 22% ROI in 4 Months

Over the past 4 months, I have lost 22% on one of my investment portfolios. Here are some of the mistakes I made.

book

My Next Book - He Who Gets Tired First Loses

My next book is all about perseverance and determination and how those traits can help you design the life of your dreams. This is the intro to "He Who Gets Tired First Loses".

vertical gardening

Thoughts on <Grow Your Own Food>

Wondering if you should grow your own food? I've been thinking about the same thing. Here is how I think about it.

term sheet

Common Investor Term Sheet Components

There is only one way to know that an investor is truly interested in investing in your startup. That comes in form of a term sheet.

microfunding

What is a microfund?

Microfunds come in all shapes and sizes. From debt to equity.

premium pricing

Thoughts On <Premium Pricing>

Some companies can get away with charging premium pricing for their product. What allows them to do that?

ego

Your Ego is Expensive

Egos are expensive. They have their benefits. But the costs usually outweigh the gains.

life design

Thoughts on <Career Choices>

I have a big career choice ahead of me. Here is how I am thinking through that decision.

sales

He Wanted My Business, I Wanted References

Social media has made salespeople lazy. Don't be one of them.

business idea

3 Step Process for Generating Business Ideas

Today I’m going to share with you my favorite process for coming up with profitable business ideas.

bootstrap

Thoughts on <Bootstrapping vs Fundraising>

I have used a bootstrap model for every startup I have founded or co-founded. But sometimes fundraising is better. Here are things to consider.

life design

Real-life Super Powers Anyone Can Have

I have a superpower. You can as well. Here are some you should try out.

product design

How I use Utility Marketing in my Product Design to avoid losing $$$

If you have not heard of utility marketing then allow me to educate you on what it is and how it should play a role in your product design efforts.

angel investing

Thoughts on <my first Angel Investment>

Having just completed my first personal angel investment I wanted to share with you my thought process as well as a resource for future due diligence.