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.

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.

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.

If you don't educate yourself, you'll never get out of the starting block because you'll spend all your money making foolish decisions.

I'm not a golf player. I think golf and fishing are the same, but at the end of the day, you can't fry up and golf ball and dip it in tartar sauce. So I'm a fisherman.

I look to work with businesses that know what they are doing but need larger distribution or exposure.

Whether people know it or not, I'm a big nature guy. I like snowboarding, I like fishing, and those are my ways to wind down.