Pre-Money vs. Post-Money Valuation
When a company decides that it must raise capital, a key question that must be answered is how much the company is worth. For example, if the business needs $500,000 to get started and/or grow, how much of the equity in that company should $500,000 command? Once this question is... Read More
Opportunity Does Not Knock
Q: I'm graduating this year with a degree in business and would like to start my own business rather than get a corporate job. I have a few business ideas, but none of them really gets me excited. Should I just put my business plans on hold and get a... Read More
Youve Found Your Guru, Now What?
In my last article, "Follow That Guru", I told you about the one (1) simple technique I used when starting my home business, "A Name".Now everyone wants to know what to do next. OK, here it goes.You've found your Guru, and you know what kind of home business you want... Read More
Entrepreneurial Hate, its out there
Today, I got an email from a lady who hates all business people and entrepreneurs, because they are Greedy, Arrogant and a Host of other atrocities. She was replying to an article I wrote about entrepreneurs and how they bring to the civilization; everything you see, everywhere you go and... Read More
Making the Financial Transition
Making the financial transition from paid employment to earning a living on your own is probably the single biggest challenge facing many would be entrepreneurs. For most, the mere thought of financial insecurity holds them back from even trying. But if you have the vision, persistence and the ability to... Read More
Is Running a Business for You?
Not everyone is cut out to run a business. Not everyone is cut out to be an entrepreneur. It takes a special talent. Some owners of small businesses have it and some don't.Before you invest time, energy and money, it's important to do some serious self-analysis. In business, there are... Read More
Entrepreneurial Business Plan The Down And Dirty Way
Does the idea of running your own business sound exciting? Do you have a business up and running and want to take it to the next level?After coaching hundreds of entrepreneurs at various stages of their evolution, I've found that the answers to these 5 questions can make or break... Read More
Starting Your Business: It All Boils Down To Making Money and Saving Money
Bootstrapping in the context of business start-ups refers to the use of creative financing approaches such as leveraging personal savings, credit-card debt, loans from friends and family, bartering, and other means to launch a business. Some business founders use bootstrapping because they have no other choice. Just about anyone who... Read More
Outcomes - Thats What You Need to Focus On
Successful business owners and managers need to be very clear about what outcomes they want. Whether you call them goals, objectives or targets, these are the factors that you're ultimately judged on. Outcomes determine whether your business is a success or a failure.If you're an employed manager, you'll find them... Read More
Seven Key Qualities of Successful Entrepreneurs
A recent poll conducted by Forbes magazine shows that majority of its readers would prefer to become a billionaire rather than a Nobel peace prize winner, a great scientist or a famous athlete. There is no secret that most of the average people dream about getting rich albeit very few... Read More
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My Nemisis
Living in the twilight zone has its advantages. In the... Read More
Answering Why You, Why Now Critical in a Winning Business Plan
Business plans continue to be an essential element of the... Read More
Confidence = Preparation + Courage
It always amazes me when I see someone on television... Read More
Why Every Student Should Start a Business
With the economic downturn, students in all the major business... Read More
Think - Dont React
How you think, your relationship with yourself is what decides... Read More
Needs Versus Wants For Entrepreneurs
How often do the words "I need" come out of... Read More
Outcomes - Thats What You Need to Focus On
Successful business owners and managers need to be very clear... Read More
What Makes a Person an Entrepreneur?
Entrepreneurship is generally characterized by some type of innovation, a... Read More
Coating Service Business Case Study
There are many coating businesses in the market today, but... Read More
Entrepreneurship as Your Passion
Entrepreneurship has been my passion for as long as I... Read More
Rx for Falling Corporate Profits
Once again the squeeze is on as renewed inflation worries... Read More
Used-Book Case Study
Dwight Payne and Gary Heap reside in Santa Barbara, CA,... Read More
The Use of Common Stock in Venture Capital Transactions
When raising capital for a business venture, a company can... Read More
Veteran Entrepreneurs Are Growing In Ranks
When I'm not running my own business, writing articles about... Read More
Motivation and Commitment
Why do people start small businesses? The most frequently cited... Read More
The 9 Key Distinctions of Successful Solo-Entrepreneurs!
SUCCESSFUL Solo-Entrepreneurs approach life and business from a perspective that... Read More
The Lonely Hat: A Marketing Parable
Jones was a typical entrepreneur who worked long hours and... Read More
Evaluating an Opportunity
Business opportunities are often based on broad trends, such as:?... Read More
Business Name - How to Choose One
It's very important to get your business name right. You... Read More
Entrepreneurship: Insight and Closer Look At The Entrepreneur
Life as an entrepreneur is the American Dream. To be... Read More
CHINESE TAKE-OUT: Oriental Business Principles Demystified For Online Enterprises
"The expectations of life depend upon diligence; the mechanic that... Read More
A Dorm Room With A View
As a senior in high school, he paid cash for... Read More
Selecting a Venture
The basic rule is simple: "Find a market need and... Read More
From Employee to Entrepreneur: Taking the Plunge
Before you decide whether or not running your own business... Read More
What It Takes To be An Entrepreneur Series: Action
Many people have the professed desire to be their own... Read More
Good Questions, good Answers; Bad Questions, Bad Replies
I'm convinced that asking the right questions is one of... Read More
Time Management Tips for Solo Entrepreneurs
Does it seem like everyone and everything is vying for... Read More
Raising Capital for Your Business ? How Long Does it Take?
Most companies vastly underestimate the time commitment necessary to successfully... Read More
Traits of The Successful Entrepreneur
Want to know why certain people succeed and others don't.... Read More
Youve Found Your Guru, Now What?
In my last article, "Follow That Guru", I told you... Read More
10 Essential Tips for Starting Entrepreneurs - Ignore these at your Peril!
1. Do What You LOVE: If you've chosen your business... Read More
Traits and Skills of Successful Internet Entrepreneurs
There are certain traits and skills that many successful online... Read More
Is Running a Business for You?
Not everyone is cut out to run a business. Not... Read More
Evaluating an Opportunity
Business opportunities are often based on broad trends, such as:?... Read More
Solo Mojo for Solo Entrepreneurs --- Where?s Your Juice?
I recently read a magazine article about Andrew, a 42-year... Read More
Raising Capital for Your Business ? How Long Does it Take?
Most companies vastly underestimate the time commitment necessary to successfully... Read More
What Qualities Do Franchisors Need?
When I got into business I wanted to build a... Read More
A Dorm Room With A View
As a senior in high school, he paid cash for... Read More
5?4?3? 2...1?
A streak dating back more than three decades came to... Read More
Go Slow to Go Fast - Why Over 80% Of High Tech Startups Fail And What To Do About It
With billions of dollars of venture capital residing down the... Read More
The Ideal Length of Your Business Plan
How long should a business plan be? A business plan... Read More
Raising Entrepreneurs: What to Do When Your Kid is Born to Think Differently
Adolescence brings with it many challenges ? for both parents... Read More
Face The Fear, Ladies
Okay, I'll begin by telling you that I've been divorced... Read More
Goals and New Venture Creation
More and more corporate workers are leaving their jobs to... Read More
Entrepreneurship Story; Over Regulation in Franchising Final Chapter
Sally and Jim have launched their automotive franchise business and... Read More
My Nemisis
Living in the twilight zone has its advantages. In the... Read More
Why eBay Is A Smart Choice For Entrepreneurs
Attention entrepreneurs: If you think the search for the ultimate... Read More
Cut to the Quick - What is an Entrepreneur? The Inside Story
Enjoying the title of entrepreneur is a hollow feeling.If you... Read More
The Role of Statistics in Prospect Modeling
Identifying prospects has come a long way since the days... Read More
Entrepreneurial Excerpt from a Speech to Small Business
Having built a business from a bucket of water and... Read More
Do You Have What It Takes?
I think it's fair to say that not everyone is... Read More
An Entrepreneur Is
An entrepreneur is an innovator. She sees a need in... Read More
Seven Key Qualities of Successful Entrepreneurs
A recent poll conducted by Forbes magazine shows that majority... Read More
Franchisor Sample Grand Opening Launch for New Franchised Outlets
It is paramount that all franchising companies work hard in... Read More
Its Good to Know Your Banker
Recently my bank opened a new branch that is a... Read More
What Makes An Entrepreneur Tick?
It is only natural that when you start a business,... Read More
An Entrepreneurs Biggest Cost
When launching a new product or company, an entrepreneur must... Read More
Be an Entrepreneur
The Department of Labor predicts that the #1 employer in... Read More
The Perfect Little Coffee Shop: Are You Afraid of Failure? Are You Letting that Failure Cripple You
Ah, coffee, the drink of choice when I want to... Read More
Key to Starting Your Own Clothing Company
Starting your own private label clothing company is not as... Read More
The Reluctant Entrepreneur
It seems odd to think of a person opening a... Read More
Six Steps to Guarantee Your Business Success
Many of us slave away for years for one uninspiring... Read More
Outcomes - Thats What You Need to Focus On
Successful business owners and managers need to be very clear... Read More
Great Tips Of Choosing An Office
You have decided to strike it out on your own... Read More
The Entrepreneurial Difference
Who would ever have imagined that going door-to-door in my... Read More
Financial Issues in Business Startup
A primary inhibitor of business start-up is that few people... Read More
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