The dream job for many adults is to own and manage their own business. And while most of us don’t necessarily have a plan for what that business might be, there are easier ways to get started than by waiting for a shiny, new idea to pop into your head. You don’t need to reinvent [...]
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Millionaire Money Habits
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What Makes a Franchise a Good or Bad Investment?
Starting a Business? Low Overhead is a Must
Even if you’re doing the smart thing and forming an LLC (or similar), you’re still going to have to use your personal credit to secure the funding needed to start your own business. This means that you’re probably not going to qualify for quite as much money as you hope for to get things up [...]
Fun Businesses to Start
Starting a business doesn’t have to be all business. Sure, you have to create a plan, take it seriously, and work hard to execute it in order to have successful results. But before you write out your plan of attack, you need an idea, and I encourage you to remember this small piece of advice [...]
Easiest Businesses to Start
With the economy still rough, people might say you’re crazy if you’re thinking of starting up a business. But there are new businesses that are flourishing despite the recession, and it’s partly because they’re easy to start. Elderly services and e-commerce appear to top the list. Society is always talking about the baby boomers and [...]
Can You Make Millions With Franchise Income?
The beauty of investing in a franchise business is that someone else already did the dirty work for you; the business plan, the sales strategies, the advertising, etc. have already been thought out, set up, tested, and obviously shown positive results. The owner of the original concept is likely swimming in money, but can you [...]
The Duty of Entrepreneurs During a Recession
According to Richard Branson, entrepreneurs and small business owners have the privilege and responsibility to pull America out of this recession. There are many companies that are not financially strapped, have access to credit lines, and have the ability to use effective, intelligent marketing in any condition. As Richard Branson said during an interview with [...]
Make Success Inevitable
With the right frame of mind and determination, there are decisions you can make today to make success inevitable and change your life forever. Here are a few strategies that you can put into action right now to improve your success — the first is a strategic, actionable method, the second method describes how to [...]
Outsourcing Work to Live a Life of Freedom
Outsourcing work in order to get the job done is nothing entirely new, but people are finally starting to catch on. With the success of websites like guru.com and elance.com, it is now easy for anyone to hire someone across the globe to complete a project. It’s amazing how much the internet has helped develop [...]
A Debate with Donald Trump
About a year ago I had the pleasure of attending a conference where Donald Trump gave us his wisdom and advice on how to become successful. As you would expect, the discussion was mostly about all the great things that he accomplished and what a wonderful life he lived. Trump did talk about his failures [...]
The 5 Biggest Mistakes that Entrepreneurs Make
I found this video I thought I’d share with you. I’m not sure I entirely agree with everything stated here, but I think this is some great information for anyone involved with (or starting to think about starting) their own small business. Enjoy! Small Business Startup Mistakes