By Mark Goldfogel
So, you want to become a pot entrepreneur? You have been reading about the gold rush and you want to get in on the action.
Well, I have been on the ground floor of four start-up companies in the last five years, all of which were industry firsts, and all of which are still in existence — which in this industry is success.
So I believe I am an expert. And as an expert, my first piece of advice would be to go home and smoke a bowl, and forget about it.
But likely you wont listen to that advice, so allow me to share some clichés that I sometimes followed (and even when I didn’t, always wished I had). The thing about clichés is that they are dramatic oversimplifications, and they are almost always true.
If this article has not scared you away from wanting to participate in this industry, I suggest you seek psychiatric care. But if you follow this advice, and don’t take yourself or your ideas too seriously, you have a chance to become the next great pot entrepreneur.
You may not be a millionaire overnight, but you will have taken part in history and you will have experiences that you will never forget. And, some of you might just make a few bucks along the way.
Mark Goldfogel is a self-confessed nerd who published software at the age of 17. He has held management positions at John Deere Corporation and director positions at ADP before opening a technology consulting company in Telluride, Colorado. Mark co-founded MJ Freeway, the cannabis industry’s first “Seed to Sale” point of sale system and then went on to become CEO and co-founder of C4EverSystems, the industry’s first cash management system. Mark currently is EVP Industry Relations for The Fourth Corner Credit Union, the first state chartered institution whose field of membership includes a common interest in cannabis and hemp. Mark is dedicated to helping humanity understand the benefits and responsibilities associated with this important plant. He can be reached at [email protected].
Mark Goldfogel is an entrepreneur, consultant, writer, and speaker. He is credited with having first proposed “Seed to Sale Tracking” as a means of diversion control, taxation, and health and human safety to the State of Colorado. He co-founded the cannabis industry’s first compliance inventory control system and was a key advisor to The Fourth Corner Credit Union, a financial institution with a banking charter to support the “Hemp and Cannabis Movement.” He has advised States, non-industry companies wishing to enter the industry, and startup companies capitalizing on the opportunities and avoiding the potholes of the budding cannabis industries. For a free copy of his book, Smoking Something, The Cannabis Paradox10, (Amazon $24.20) please send an email to [email protected]
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