While good business ideas are plentiful, many entrepreneurs struggle to understand payroll taxes, health care and other thorny issues… In other words, they don't have the financial literacy to scale their businesses and attract investors.

If you can't come clean and tell investors how and why you failed, that raises a red flag. They need to see that you learned from it and came back stronger.

It is very, very hard to do that ballroom dancing and I am going to be nowhere near it. Now if you have a hot dog eating contest, call me.

While good business ideas are plentiful, many entrepreneurs struggle to understand payroll taxes, health care and other thorny issues… In other words, they don't have the financial literacy to scale their businesses and attract investors.

If you aren't living your dreams then you're living your fears.

The perfect breakfast is fish with grits and scrambled eggs with onions. I'm getting hungry thinking about that.

The only thing that scares me in the tech area is that it moves so fast that you have to be ready to invest in 20 things. Because if you just invest in one, next week, somebody has a better mousetrap, and you get taken to the cleaners.