There is an old adage in business, ABC, always be closing. I think that in order to follow ABC, you have to ABL. Always be learning, or always be listening.
It’s been a whirlwind week for me. Each day I listened and learned.
On Monday I had lunch with an acquaintance that taught me the history and ins and outs of tech transfer at universities. Since I am an angel, it’s pretty important that I understand the logistics and niceties of tech transfer. I have barely scratched the surface on what I need to know, but I have some great mentors that can usher me through and get me to the flat part of my learning curve.
On December 6, I went to an angel conference. Heard a million business plans about things I didn’t know. Met some great people and listened to what they had to say, I learned a lot. Might have even created an opportunity for a company I am invested in.
December 7 was Pearl Harbor Day. I learned that the US really blew it by not listening. I hadn’t realized US intelligence had cracked Japanese code and knew they were massing for an attack. They didn’t listen. It cost us several thousand lives. I also had Ohours on December 7. I met with some local entrepreneurs and listened. Some really cool ideas brewing out there. Hope I was able to help them. This was my second experience with setting up office hours, and I am going to try and set up a lot more in the future.
December 8 I went to Illinois Launch, heard some business plans and connected an entrepreneur to someone that might be able to help them. Then I went to our HPA meeting and heard about three more companies. Listening to the debate of our angels was really interesting. I learned a lot.