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customer to understand your business, it s knowing your customer. it s a prerequisite for starting a business that there have to be people out there willing to pay for your product or service. if you re not finding them right away, if you just have a few, ask them what they want. i just met an entrepreneur named jack, who had $1,000 built into a billion dollar business. he said the key to success was talking to customers and building exactly what they wanted. you hear that over and over. how do i know that i have that i m a good fit and that we can do business together besides just coming in a room and talking? is it a one-time visit or do i really get to know who i m doing business with? i have to start with you, obviously, since you re an investor, brian. you re entering into a marriage. that s right.
can it be you saying i ve started this on my own. in order for me to quit my job, i m going to quit my skrob. absolutely. that s fine. there aren t many angel investors that are going to do it. that s the word i love. we have a fund that helps with that. it s more than likely they haven t gotten too far yet. that s the stuff i love. that s a great angel investing to me. that s big risk and you ve done well at it. brian, thanks so much. you, please stick around because we need you to answer some questions. my pleasure. coming up, we have a viewer wondering what enis an investor a good fit. and does crime pay? it does when the entrepreneur works with the police department to sell confiscated property. is like hammering.
brian koehn has returned. here is christine, executive editor of ink.com. great to see you. the first question is about launching your business. launch means you put into place all the elements that allow the full feature of the business to be seen, viewed and understood by your customer. keyword, understood. you launch a business and it does something, but what does it do? how have you translated the value of that business in terms of understanding to the customer? everybody thinks they re going to launch it and they re going to come. but they don t understand how to create understanding in the customers mind. we talk about this all the time that a good idea doesn t necessarily make a good business. is there one thing people should think about in order to make their company a success? absolutely. it s not just about getting your
hi, there, everyone. i m j.j. ramberg, and welcome to your business, your number one resource for information and advice to help your small business grow. major events, speeches, and workshops were held around the country as part of the 50th anniversary of small business week. these workshops that included seminars, on-site assistance, and mentoring took places in cities like seattle, dallas, st. louis, and, of course, washington, d.c. karen mills was personally on hand at those events. fran articulate enton who s launch 20d company over the past 30 years and advises small businesses was the key note speaker at the d.c. small business week. thanks so much for joining us today. thank you. we ve always had you on small business week so it s good to talk about it. administrator, i know you celebrate a lot of small businesses. there s people you high light small businesses. do you see anything that the smalls bys are doing? we take the business on road. what small busines
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