‘Kirchner Business Reads’ is a highly selective set of articles for entrepreneurs, small business owners, and/or managers. We know you are busy so we collect these and offer you a one stop source.

Lessons from the Lemonade Stand: Raising entrepreneurs

Children come into the world curious. No one knows this better than parents who spend the first few years of a child’s life simply trying to keep them from hurting themselves as they explore the brand new world.

14 Simple Ways to Get Considerably More Done

Don’t think it’s possible because you’re already working in overdrive? Here’s a new way to look at your to-do list.

Follow this roadmap to grow your business

For many entrepreneurs, planning for growth is a bit of a mystery. How should we grow?

Before Raising Capital, Find Your Spark

Most successful businesses are built from a proprietary asset, not just an idea.Until that spark is in place, outside investment is a risky proposition.

Glut of startup accelerators failing to produce the next Hootsuite or Shopify

If all the world’s accelerators got together on a ship, it’s likely the lot of them would sink.

Entrepreneur Beginners Guide: 7 Steps to Live By

According to the Small Business Association, more than 50 percent of new businesses fail within the first five years.

5 Ways to Boost Your Decision-Making Power

Entrepreneurs complain that it’s lonely at the top–but it doesn’t have to be.

MBA students see the business sense in both doing well and doing good

Business schools are responding to a surge in demand for education that equips students to become social entrepreneurs.

Listening to Your Inner Voice Makes You a Better Manager

Some of the best advice we have all got — be it while making big personal decisions or making critical business decisions — is the same.

Startups’ Secret: More Are Facing Patent Suits

Kate Endress is mired in a type of legal quagmire that is afflicting an increasing number of Silicon Valley startup entrepreneurs, but which few typically want to openly discuss.

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‘Kirchner Business Reads’ is a consolidated list of articles from the past week sourced by our team of entrepreneurs who scan over 25 sources and hundreds of articles from around the world to bring you a highly selective set of articles for entrepreneurs, small business owners, and/or managers.

For a lighter hearted tongue-in-cheek read about being an entrepreneur, check out ‘Kirchner Laughs’ or grab a copy of our book ‘How do you know… if you are an Entrepreneur?’ You will certainly see yourself in many of the one-liners. All proceeds go directly to charity, so have a laugh and help a great cause.

Contact us today to see how we can help you with your business activities.

Have a laugh with ‘Kirchner Laughs’ every Wednesday.

How do you know if you are an Entrepreneur?

If you consider your company your youngest child and the only one who’s name you can remember.

If you understand that when the student is ready; the teacher will appear.

If you missed you last five wedding anniversaries and it is not because you forgot.

If you are smart enough to underestimate your area of competence.

If you realize that if you are in the mainstream you have missed the boat.

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Add your one-liners to the comment section below or share them on twitter #kirchnerlaughs. Be sure to catch a new list next Wednesday to help get you over the hump.
For even more laughs grab a copy of our book ‘How do you know… if you are an Entrepreneur?’ It is available on Amazon. It’s a quick, fun and easy read that has been featured on Forbes.com and Inc.com. All proceeds go directly to charity.

‘Kirchner Business Reads’ is a highly selective set of articles for entrepreneurs, small business owners, and/or managers. We know you are busy so we collect these and offer you a one stop source.

8 Skills Every Entrepreneur Should Have

1. Be able to sell anything – This is one of the most important qualities an entrepreneur can have.

How to Protect Your Business Idea Without a Patent

It’s natural to fear that your idea might be stolen. But you can’t turn your vision into reality without the help of others.

If Practice Makes Perfect, Why Don’t Companies Practice More?

In his terrific book “Outliers,” Malcolm Gladwell writes about the importance of practice and, specifically, the necessity of completing 10,000 hours of practice in a particular field to become proficient.

Build these 6 skills if you want to stay in business

I had two meetings last week with dynamic, caring small-business consultants where we ended up lamenting the biggest flaw in the entrepreneurial mindset.

3 Tricks to Get in Your Customer’s Head

When it comes to launching a digital product, knowing your customer is key. Here are three strategies.

How Entrepreneurs Can Reduce Stress

Small business owners can restore their health and sanity with these four easy stress-reduction methods.

Where to Find Funding for Your New Business

Question: What’s the best source of funding for a new business?

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‘Kirchner Business Reads’ is a consolidated list of articles from the past week sourced by our team of entrepreneurs who scan over 25 sources and hundreds of articles from around the world to bring you a highly selective set of articles for entrepreneurs, small business owners, and/or managers.

For a lighter hearted tongue-in-cheek read about being an entrepreneur, check out ‘Kirchner Laughs’ or grab a copy of our book ‘How do you know… if you are an Entrepreneur?’ You will certainly see yourself in many of the one-liners. All proceeds go directly to charity, so have a laugh and help a great cause.

Contact us today to see how we can help you with your business activities.

A new ‘Kirchner Laughs’ will be posted every Wednesday at 1200ET to help you get over the hump with a laugh.

How do you know if you are an Entrepreneur?

If you jump off the cliff figuring you can create the parachute before hitting the ground.

If when considering a beer on the flight, you cringe when the flight attendant says, “we do not accept cash”.

If the words ‘Venture Capital’ are bittersweet.

If you know that no matter how fast you are going you need to go faster.

If your friends and family are also the pillars of support that hold your business up.

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Add your one-liners to the comment section below or share them on twitter #kirchnerlaughs. Be sure to catch a new list next Wednesday to help get you over the hump.
For even more laughs grab a copy of our book ‘How do you know… if you are an Entrepreneur?’ It is available on Amazon. It’s a quick, fun and easy read that has been featured on Forbes.com and Inc.com. All proceeds go directly to charity.

Douglas K. Bratton, President and Chief Investment Officer of Crestline Investors Inc.

PE Hub

Douglas K. Bratton, President and Chief Investment Officer of Crestline Investors Inc.

‘Kirchner Business Reads’ is a highly selective set of articles for entrepreneurs, small business owners, and/or managers. We know you are busy so we collect these and offer you a one stop source.

12 Ways to Spring Clean Your Business

Now’s the time to revisit the basics of your business, tune up operations, improve customer relations, and clear out any cobwebs.

How Entrepreneurs Come Up With Great Ideas

There is no magic formula. But that doesn’t mean there’s no formula at all.

10 Eye-Opening Books Every Entrepreneur Should Read

These books reveal the truth of how organizations really work, and it’s not pretty.

The Best Twitter Accounts for Entrepreneurs

Small business owners and entrepreneurs who use Twitter only as a marketing tool for their businesses are missing out.

Don’t fear the fire: Why entrepreneurs need all the criticism they can get

When you run a company, and your products or services don’t meet the market’s needs, the consequences are severe

Where Are New York And San Francisco On The Top 10 Cities For Young Entrepreneurs?

It’s no secret that the young founders of tech-based startups are the golden gods of our generation.

The Truth About Entrepreneurs: Twice As Many Are Over 50 than Under 25

During the mid-1990s, cardiologist and researcher David Albert had the idea to develop a handheld device that displays an electrocardiogram.

How a fourth-generation entrepreneur saved the family business

As a fourth-generation entrepreneur, Malcolm Fisher was a natural businessman. But that didn’t mean that success for the Sackville native would come easily.

MBA entrepreneurs have their day in the sun

Sunrun, their company, provides solar power to 35,000 homes in about a dozen US states, including California, New Jersey and Pennsylvania.

Where Small Businesses Are Finding Money (Infographic)

Access to capital is one of the most important factors in successfully starting or growing your business, but finding enough money may be a problem for many small-business owners.

5 Ways to Make Your Company Worth More

It doesn’t matter when you plan to sell your company. Do these five things, today, to get at better valuation at the finish line.

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‘Kirchner Business Reads’ is a consolidated list of articles from the past week sourced by our team of entrepreneurs who scan over 25 sources and hundreds of articles from around the world to bring you a highly selective set of articles for entrepreneurs, small business owners, and/or managers.

For a lighter hearted tongue-in-cheek read about being an entrepreneur, check out ‘Kirchner Laughs’ or grab a copy of our book ‘How do you know… if you are an Entrepreneur?’ You will certainly see yourself in many of the one-liners. All proceeds go directly to charity, so have a laugh and help a great cause.

Contact us today to see how we can help you with your business activities.

A new ‘Kirchner Laughs’ will be posted every Wednesday at 1200ET to help you get over the hump with a laugh.

How do you know if you are an Entrepreneur?

If you keep ending up in the restaurant parking lot after seeing the ‘EXIT’ sign on the way to the restroom.

If your child thinks heaven is a very rich place since angels give you money.

If you understand Vince Lombardi’s contention that both winning and losing are habits.

If sunrise comes during the middle of the workday.

If you realize worthy ideas are worthless without action.

_________

Add your one-liners to the comment section below or share them on twitter #kirchnerlaughs. Be sure to catch a new list next Wednesday to help get you over the hump.

For even more laughs grab a copy of our book ‘How do you know… if you are an Entrepreneur?’  It is available on Amazon. It’s a quick, fun and easy read that has been featured on Forbes.com and Inc.com. All proceeds go directly to charity.

This business complements Crestline’s industry leading position in hedge fund secondary investing and allows the firm to provide a full-service solution to institutions with underperforming private equity and hedge fund portfolios. It also adds significant opportunities for Crestline to deploy capital on behalf of its investors.

“We are pleased to welcome Bud and his team to Crestline and to add a powerful new business to our institutional platform,” said Douglas K. Bratton, President and Chief Investment Officer of Crestline. “The team brings to Crestline a 28-year track record of restructuring companies and has been successfully deploying its model across a series of portfolios ranging from early stage venture to mid-market buyout since 2004.”

There is an estimated $100 billion in private equity assets managed by funds past their investment periods, according to industry estimates.  Many of these so-called “zombie funds” have serious issues of alignment between the general partner and limited partners. As a result, an increasing number of institutional investors are looking for creative and effective ways to restructure these funds and rationalize their private equity portfolios.

“This partnership provides tremendous validation of a model that we pioneered years ago at Kirchner Group,” said Bud Kirchner. “Limited partners are realizing that there are alternative solutions to underperforming funds, and now is the right time for us to scale up to meet rapidly increasing market demand. I am excited to join with Crestline to continue building on the business lines that we have developed, giving us the institutional infrastructure and access to capital to best serve investors.”

The new business unit will focus on the following:

• Successor General Partner: Acting as a fiduciary to replace or complement the general partner in order to help better align interests, find liquidity and maximize value for limited partners.
• Advisory Services for Limited Partners: Managing or monitoring an existing troubled portfolio of private equity funds on behalf of limited partners.
• Successor Fund Creation: Consolidating direct private equity investments into a fund structure to help manage, monitor and exit positions on behalf of a direct private equity investor or group of investors.
• Investment Opportunities: Sourcing and structuring investment opportunities derived from the aforementioned activities, including:
  • Secured lending and/or investments in private equity portfolios to provide follow-on capital at the portfolio level
  • Secondary purchases of some or all of a fund’s limited partnership interests
  • Providing follow-on capital at the underlying company level

The business will be headquartered in Fort Worth, with additional offices in New York City and Toronto.

About Kirchner Group

The Kirchner Group provides asset management services for institutional investors as well as operational and transactional support for companies. Kirchner Group’s proprietary platform is built on the premise that pairing deep domain expertise with process experts provides superior results. Kirchner Group manages assets on behalf of some of the world’s largest insurance companies, commercial banks and institutional investors. In addition, our transaction and operational clients range from some of the most promising entrepreneurs, to Fortune 500 companies and their investors.

Bud Kirchner is the designer and architect of several proprietary business method models including “PortfolioWorks” and “Crystallizing Value in Intellectual Property,” with over 40 years of successful entrepreneurial, operational, transactional and international experience in numerous private equity and debt investment scenarios. He has been a principal or agent in over 300 financings, mergers, acquisitions, divestitures, workouts and turnarounds.
www.kirchnergroup.com

About Crestline Investors, Inc.

Crestline Investors, Inc. is an institutional alternative investment management firm based in Fort Worth, Texas. Founded in 1997, Crestline manages $7.2 billion in client assets across separately managed accounts and commingled funds. Strategies offered include: (1) low volatility and customized hedge fund of funds, (2) opportunistic and customized investment programs including a family of opportunistic strategies, hedge fund secondary investments and private credit funds and (3) tailored beta and hedging strategies. Crestline has 84 employees with 42 investment professionals.
www.crestlineinvestors.com

For more information, click here or contact:

David Philipp
dphilipp@kirchnergroup.com
(415) 990-9177