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Continued: Small business: Jobma website connects job seekers, employers

  • Article by: TODD NELSON , Special to the Star Tribune
  • Last update: January 5, 2014 - 9:41 AM

The expert says: Dileep Rao, president of InterFinance Corp. in Golden Valley and clinical professor of entrepreneurship at Florida International University, said Sodhi fits the first requirement for a great entrepreneur in that he appears to have no fear.

Sodhi, Rao said, should take heed of the cautionary note on venture capital that Rao posted to his Forbes blog. Rao said that “99.997 percent of entrepreneurs should avoid (venture capital) and the rest should delay,” only taking it after they have determined their growth formula and then only if it is absolutely necessary.

“At that point, he gets to keep control,” Rao said. “More importantly, if he can find a way to grow without (venture capital), he gets to keep more of the wealth created.’’

 

Todd Nelson is a freelance writer in Woodbury. His e-mail address is todd_nelson@mac.com.

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  • Mandeep Sodhi has been getting attention for Jobma, a multimedia site for job seekers and employers. Sodhi was named Entrepreneur of the Year by MEDA in 2012.

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