Everybody should start a business at least once. The first time I wanted to start a business I was only seventeen years old. I gave up on it. I wish I hadn’t. The most powerful voice in our life is the one that is inside of our own head. It can be an amazing cheerleader …
Don’t Let These 18 Excuses Stop You From Starting a Business Read More »
Have you been wondering how many hours should you put into your business? Does working endless hours make you a hero or a failure? If there is one thing I learned from being an entrepreneur since 2003, it is about the time it takes to succeed in business. Recently I was on a vacation in …
Have you ever wondered what would be the best time to start a business? When it comes to business timing is everything. Figuring out the best time to start a business is no small task. My wife, Monika and I, started our first business after I was laid off my job. I have been thinking …
It is fun to start a business, but it’s also risky. Successful entrepreneurs are masters of minimizing risk. Entrepreneurs face risk regarding creating new products, manufacturing them, marketing and selling, offering services, and earning a profit. There are several ways you can minimize risk in your startup. Create a disaster recovery plan. Identify the key components of …
Are you ready to start a business? This could be your time to become an entrepreneur. Many who dream of starting a business is afraid to take the leap. Don’t be one of the millions of people who never could build up the courage to become an entrepreneur. Take charge of your life. There are …
What does it take to build a business around your life’s purpose? Andy Hayes is the founder of Plum Deluxe which is a website dedicated to help people create moments that matter. As Andy writes on his website, “I truly believe Plum Deluxe is my life’s purpose. My mission in creating the Plum Deluxe community is …
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How to start a business customers love? Attracting paying customers is what separates entrepreneurs from entrepreneurs. Ask any entrepreneur and she will tell you that getting customers is one of the hardest parts of business. The inability to attract customers cost-effectively is one of the common reasons businesses fail. Do you know your customers’ needs? Many …
Want to improve your marketing? Entrepreneurs often waste their time on the wrong things like: Worrying about vanity metrics. Working on an administrative task that could be easily outsourced. Spending more money on things that won’t help to grow their business. Micromanage employees. Putting out fires instead of working on the bigger goals. Repeat doing …
Is a franchise business right for you? If you are thinking about starting a business one of your options is owning a franchise. Here are some popular franchise businesses: Anytime Fitness – 2,500 clubs with more than 1.9 million members. Hampton Hotels – More than 1,900 locations worldwide. Subway – Over 40,000 locations. Supercuts – …
23 Ideas to Know if a Franchise Business is Right For You Read More »
A common question among entrepreneurs starting a business is whether they should incorporate. Incorporation means that your company is a separate legal and financial entity from yourself. Legally, a corporation is treated as a citizen. It even has its own social security number for tax purposes, called a “Federal Tax ID.” Most people incorporate to …
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Developing a business plan and putting that plan into motion can be a whirlwind, and if you are not careful, you might find yourself fully swept up in it before you even realize it. As an entrepreneur, it is part of the gig to be an all-in person. This is your passion put into practice, …
How do you know which metrics help you succeed? Vanity metrics are the mind-altering drug of choice for many entrepreneurs. The bigger your ego, the more you want it. It makes you feel good. Who would ever argue with the desire to want to feel good? Sometimes vanity metrics are a sign of desperation. Other times they …
If You Want to Succeed in Business Don’t Be Fooled By This Read More »
