Some business owners might not be aware of it, but one of the biggest problems among entrepreneurs is the lack of financial literacy. There are many business owners who earn money, but they don’t save it, or they simply waste it on luxuries or other unnecessary expenses. The worst part...
The number-one threat to your business isn’t an external factor at all. It’s the people you’ve co-founded that business with. The United States is home to many of the world’s most successful startups like Airbnb and Instagram, which is not surprising since it’s the leading country by the number...
In business, knowing your own strengths gives you a better understanding of how you can increase your odds of success and how you best operate. This is especially critical in today’s cutthroat, highly competitive business landscape. Failure to adapt to the constant changes and consumer sentiment can spell disaster...
When you start a business, one of the first things you need to do is open a business bank account. It is very important that you have a separate account for your spending and savings and your business. This should be the way, even if you have a sole...
The Pumpkin Plan is a book written by American author and entrepreneur Mike Michalowicz. In the book, Michalowicz shares some of the strategies that entrepreneurs can use to grow a colossal business in any field. Pretty much in the same way pumpkin farmers grow massive, colossal pumpkins in theirs....
Why is it that no matter how well we do in business, for some reason, we don’t seem to make as much as we think we ought to? You might have noticed this in the course of running your business: sure, sales are great, but you also have a...
Many hiring managers are over-focused on hard skills and treat personality as just an afterthought. What they don’t realize is that skills, for the most part, can be honed with proper training and “exposure,” whereas character is deeply ingrained in a person, and thus it tends to be constant...
The movie “Hunger Games” gives a great analogy to today’s fierce market competition. Who will be the one to survive? Competition is rampant and the business (Hunger Games competitor) with the greatest amount of skills, resources and ingenuity will be the only one to survive. According to the...
Debt! It’s like cinder blocks chained to your ankles as you attempt to maneuver about your day. Debt weighs you down. It prevents you from moving forward at the pace you desire. We want debt eliminated from your business as much as you! The principal portion of your debt...
Your First Draw PPP Loan is almost gone? You may now apply for a Second Draw! Upon consulting with the U.S. Treasury Department. the Small Business Administration (SBA) started accepting new applications for the Second Draw PPP Loans on January 13, 2021. The SBA has allocated a total of...
