You only stay in front by coming up with ideas your new competitors haven't thought of yet.

Nothing turns off an investor more than when an entrepreneur comes in with a ridiculous valuation.

When I was starting out, being a young entrepreneur was not fashionable. Parents would ask, 'When are you going to get a real job?'

Ive spent over 25 years in the television industry, the direct response industry. I met a lot of people and certainly learned the power of commercials and their brand building potential.

I understand that finance can be very complex.

I have seen entrepreneurs ask for hundreds of millions of dollars on a concept and try to sell because of 'their passion' for an idea. If the idea is that good, why wouldn't I cut you out and hire someone who is just as passionate for much, much less?

Being born into poverty does not mean you are condemned to spend the rest of your life in poverty.