Startup

Don't Just Trust the Process, Reinvent It!

Don't Just Trust the Process, Reinvent It!

Because people value their time so highly, they are willing to pay a premium for the convenience of saving time. If you want to make a big splash as an entrepreneur, you will want to develop an idea that will solve a problem by saving customers' time. Here are a few simple steps to get you going in the right direction.

Startup Lessons From the Mayweather VS McGregor Fight

Startup Lessons From the Mayweather VS McGregor Fight

While the whole world saw a boxing match during the Mayweather vs McGregor tilt, I saw something just a little bit different. Sure, there was no escaping the pugilistic pomp and circumstance of the mega-event, but from a different lens, you could glean several important lessons for startup success.

The Carrot, The Egg, and The Coffee Bean

The Carrot, The Egg, and The Coffee Bean

As an entrepreneur, as in life, you will be faced with challenges. Often. If this realization is a deterrent, then you might want to consider alternatives to entrepreneurship; perhaps the assumed job security of the corporate world might be more to you liking, in that case. For the true entrepreneurial spirit, on the other hand, challenges are merely opportunities to prove how powerful the determination to achieve our goals really is, how badly we want it.

Teaching Kids Entrepreneurship pt 2

Teaching Kids Entrepreneurship pt 2

Generally speaking, most small scale ventures can be used to teach your kids about entrepreneurship and develop key skills that will be useful for the rest of their lives. Financial literacy is a necessary life skill that can significantly influence the fortunes (pun intended) of the youth and help pave the way towards financial freedom.

Don't Quit Your Day Job...Well, At Least Not Yet!

Don't Quit Your Day Job...Well, At Least Not Yet!

Maintaining a day job while pursuing startup or freelance opportunities can actually spur the success of your foray into the free work culture. How? Well, think about it this way: since startups can take anywhere from 3 to 5 years to become profitable, maintaining a steady income opportunity in the interim can allow you to invest in the development of your business while continuing to develop the skills and knowledge you'll need to ultimately make your business successful.

Bringing Your Financial House in Order

Bringing Your Financial House in Order

The temptation for many inexperienced entrepreneurs, especially for solopreneurs, is to sort of pool all of their money together and pay what needs to be paid whenever things need to be paid. Sure, that seems logical at first, but it opens up the door for a huge financial mess down the road - not to mention potential tax and liability issues.