Comments on: Veteran I-Banker Greg Porto Part II: Don’t Be Right, Be Relevant

By: Ricardo

Ricardo — Tue, 07 Jul 2009 21:19:36 +0000

The point about identifying market niches reminds me of the news item I heard yesterday saying that some car companies in recent years were still producing the volumes that they strove for in the sixties. I suppose that could be subject to some adjustment for the population and purchasing power of the dollar changing over forty years.

And then there's the economic factor of producing the gas guzzlers as gasoline was hitting peak prices.

By: Ricardo

Ricardo — Tue, 07 Jul 2009 14:19:36 +0000

And then there's the economic factor of producing the gas guzzlers as gasoline was hitting peak prices.

By: The Hyper Team @ Venture Hype

The Hyper Team @ Venture Hype — Sat, 20 Jun 2009 12:40:58 +0000

“Do things right or do the right things.” – Time and again, you nailed it!

By: andrew25

andrew25 — Fri, 12 Jun 2009 10:42:16 +0000

Quite an interesting interview I could see the experience and the wealth of knowledge from Mr.Greg Porto when he explains the concept of choosing the right one and a relevant one. This is a very useful information for every new angel investor to read.

By: tongyun

tongyun — Wed, 10 Jun 2009 13:31:39 +0000

His line about, “don't be right, be relevant” reminds me of what my college professor once told the class. He said you can either “do things right or do the right things”. I think they both point to the fact that it's more important to be indispensable to others because you are always there to help other people.

The reminders for start ups are also very important, especially the one where you want to be conservative with your sales projections as it relates to cash flow. Without cash flow, you have no business.

Hope there's a part 3 to the interview.

By: Ricardo

Ricardo — Wed, 10 Jun 2009 12:22:07 +0000

I think the above advice is very timely, considering some companies are probably re-thinking their middle management requirements, among other things.

That's an interesting interview with very concise “bullet points”.

By: The Hyper Team @ Venture Hype

The Hyper Team @ Venture Hype — Wed, 10 Jun 2009 07:51:44 +0000

Greg's golden nugget of advice applies to leaders, executives, professionals and entrepreneurs alike.

By: vlada

vlada — Wed, 10 Jun 2009 05:38:24 +0000

I think that the most effective behaviour on the financial market is to be as “relevant” as possible. I'm sure that when you try to ignore market and try to hope for some illusory results then you have a lot of chances to make the wrong decisions and to lose your investments. Find an appropriate niche for your product and build the solid platform for your business.