Navigating the Business Loan

Foreword

When my best friend, Mort Glantz, asked me to write a foreword for his ninth book, I was both flabbergasted and intimidated. How could I adequately introduce a man recognized as one of the foremost global experts on financial risk management? Mort told me not to worry, and simply asked me to share my story about how I became an entrepreneur, my relationship with risk, and my experience with bankers and investors – a kind of case study, if you will.

I am often asked, “Why are entrepreneurs more tolerant to risk and how did you become an entrepreneur?” My answer is that the notion that entrepreneurs are big risk takers is fundamentally wrong. As an entrepreneur, my relationship with risk is simple. My view is that the best way to make ...