Founder's of The Financing Coach Program
Karen started Kugarand Holdings in 2001 to be Venture Catalysts in the market with a specific intent to develop a portfolio of venture capital consulting services and a broad network of all types of early stage capital. LAUNCHfn became a part of the Kugarand Holdngs family of companies in late 2003. At LAUNCHfn small businesses get help developing and building their companies so that they can attract early stage capital and execute on their business strategies.
The network of small business investors, alternative lenders, angel investor networks, early stage venture capital sources and institutional capital investors has been cultivated over the years. Kugarand Holdings, LLC acquired the Network of Business Angels and Investors (NBAI) in early 2005 to provide a forum for the clients of LAUNCHfn seeking to find angel investors to gain credible access to a thriving angel group. With the launch of OurFundingPlanet.com, the Kugarand Holdings family of companies will have the broadest reach to serve investors and entrepreneurs in a syndication of angel investor networks and individual small business investors and those entrepreneurs seeking early stage capital in offline and online communities.
With these integrated initiatives, we believe we will achieve our goal to help 500 companies succeed at building good scalable and fundable businesses by the year 2013. Karen serves as President of LAUNCHfn and managing director for NBAI. She hosts a weekly radio show called the Compassionate Capitalist and shares here expertise via articles, interviews, webinars, and video blog messages to the members of the Entrepreneur Club Online.
Steve is a Chartered Accountant who has worked with hundreds of businesses over the last 15 years. The vast majority of his career has been spent helping small business owners to understand and improve their business, and in the process improve their lives. Steve's vision, from the outset of his career, was to learn as much as he could about different businesses so he could help their owners create businesses that served their Dream Lifestyle – the only true measure of success for a business and its owner.
Steve realized that the vast majority of business owners (including many who owned large and fairly sophisticated businesses) didn't really understand their financial information. Even business owners who could actually "read" a set of financial statements didn't truly understand their financial information
, and what it was capable of telling them.
They simply didn't know the critical element in creating a successful business – how to CREATE a certain financial result. At best, it seemed, a few business owners could MEASURE historical financial results.
Steve discovered that most business owners simply did not know where their business actually made money for them. And even worse, they didn't "know how to know". There was simply no mechanism to take "traditional" accounting information and transform it into something the business owner could use day-to-day in their business to transform it.
So Steve started working hard to create that mechanism for business owners. And when he delivered it the results were almost always amazing. One example is the client who "found" over $10,000 in a one hour meeting with Steve. And that additional profit was money that would continue to be realized year after year after year into the future.
Steve also started seeing that as soon as business owners "got" that connection they wanted to talk about better marketing as the way to improve their profits. Realizing a need, Steve started a concentrated study of marketing tactics, strategies, and methods, and started working with clients to help them improve their marketing. Steve even became a Certified Guerrilla Marketing Coach, a program endorsed by Jay Conrad Levinson (probably the only accountant to also be a Guerrilla Marketing Coach).
Steve realized, though, that simply increasing and improving marketing efforts often still resulted in a business that didn't realize its total profit potential. And even worse, great marketing targeted in the wrong areas
could actually create a "business from hell". One where the owner was trapped working endless hours, not making enough money, burning out, and always tight on cash flow.
So Steve wrote his first book, "Found Money – Simple Strategies for Uncovering the Hidden Profit and Cash Flow in Your Business"
, to create yet another connection critical for business owners. The book and its concepts empower business owners to understand all the financial information already being created by their business, and then use it to pinpoint where their business makes money, where it just "holds it own", and where it actually loses money.
Steve's work has been endorsed by such people as:
- Michael Gerber (The E-Myth), who offered to write the Foreword for the book when he said "out of the more than 70,000 small business owners I have helped, less than 1% of them do this."
- Jay Conrad Levinson (Guerrilla Marketing)
- Michael Port (Book Yourself Solid, The Think Big Manifesto)
- Numerous small business owners from around the world
Steve regularly presents at seminars and speaks to groups of business owners to help them realize how and where their businesses make money. He also delivers an online coaching program modeled after the content of his current "Found Money" book. In addition, Steve writes a regular bi-weekly newspaper column called "The Business of Business" where he continues to bring fresh thinking, and surprising linkages about business and what it takes to be a profitable one.