This Is the Secret to Surviving and Thriving When You Start a Business

Cash is the lifeblood of any business, and it must be managed strategically: Let’s talk about cash management. Whether you’re starting or running a business, you need to practice it because a primary cause for businesses failing is lack of money. But if they had better cash management practices they likely would have had a … Continue reading This Is the Secret to Surviving and Thriving When You Start a Business

Create: It’s One of the Most Powerful Ways to Start a Business

Creating is one of the greatest acts you can do when starting a business. It has the power to kickstart your venture, show your potential customers the value you can generate, and markets your abilities. And when I say create, what I mean is that you're making something that can be of use to someone … Continue reading Create: It’s One of the Most Powerful Ways to Start a Business

The Key to Starting a Business: Take the First Step

A failed attempt beats a non-attempt. Imperfection trumps inaction. Starting is always better than never trying at all. Starting a business is about taking the first step. If you have an idea for a business, learn or do something today that helps to make it a reality. Even if you don’t believe it will work, … Continue reading The Key to Starting a Business: Take the First Step

You Are the Most Critical Piece to Starting a Business.

Not money, fame, credentials, the school you graduated from, experience, reputation, nor even a beautiful coif of hair is the most critical piece to starting a business—no.  It’s you.  You are the most important piece of the puzzle in starting a business.  Often we think something external will validate us or give us what we really … Continue reading You Are the Most Critical Piece to Starting a Business.

One of the Most Important Practices in Starting a Business

Learning to learn won't just help you start a business; it will make you unstoppable. It will unleash the potential in you to reach your dreams. It's one the greatest lessons any person can gain. This is deceptively simple; it's not easy to do. It’s far easier to act like you know everything. You know … Continue reading One of the Most Important Practices in Starting a Business

This Is How You Overcome Self-Doubt When Starting a Business

Often starting a business isn’t the hardest part; it’s stopping the self-doubt. That’s not a feeling you can just overpower. And it's not as simple as thinking your way out it. The answer isn’t found from within. You need to demystify the process of starting a business and see that it’s not some magical gift … Continue reading This Is How You Overcome Self-Doubt When Starting a Business

When is the best time to start a business?

The best time to start a business is always right now.  “Timing is everything!” we often hear people say. And the implication is that if you don’t time it just right, you will fail. But more often than not, timing is less important than we think it is.  When I started my second company, it … Continue reading When is the best time to start a business?

This is the smartest way to think when starting a business

To start a successful business, you don't need to be the smartest person in the room. You just need to be willing to put your ideas to the test. Starting a business isn't about getting good grades, pleasing a teacher, being perfect. Nah, it's about being willing to put yourself out there and try things … Continue reading This is the smartest way to think when starting a business

This is the number that every business needs

If you’re starting a business, you need to consider getting an Employer Identification Number or EIN. First, a disclaimer: I’m not a tax lawyer or accountant. Make sure to consult a tax professional. I’m just a business owner trying to help you start your business. Ok, let’s move on. In the US, a Tax Identification … Continue reading This is the number that every business needs

One of the best things to know before starting a business

Starting a business is not primarily about making money. It's about creating value. That's what the goal should be for every person trying to start a business. If you're just trying to make money, you're only thinking about yourself. You are focusing on "getting yours." But that's the short view. You are only thinking about … Continue reading One of the best things to know before starting a business

Sometimes quitting is the best thing you can do when starting a business

Some might say that you shouldn't quit. But that's wrong. Don’t stop pursuing your dream of starting a business; rather, there are times when quitting a business idea is a good idea. Sometimes the business case just doesn’t fly. Or the concept stops making sense, or you realize it never did. Or maybe the idea … Continue reading Sometimes quitting is the best thing you can do when starting a business

You need to know this to start a business

Most people starting a business have no idea what they are doing. You might be thinking, “I can’t start a business: I not an expert.” But when it comes to starting businesses, no one is. One of the most revered entrepreneurs is Steve Jobs. He’s amazing. He’s a genius. But when Jobs started, he was … Continue reading You need to know this to start a business

This is how you realize your dreams

One of the hardest things in starting a business is hearing “No.” But anyone can do that—anyone. You’ve heard “No” all of your life. Your parents, friends, neighbors, teachers have all denied you. So you know how it feels. The only thing holding you back is the fear of rejection. You’re avoiding that feeling. I … Continue reading This is how you realize your dreams

This is how you succeed in the face of fear

In small business, fear never entirely goes away. Even after you succeed, it's still there.  You can't eliminate it; the only thing you can do is manage it.  Losing money, losing customers, getting too many customers, managing people, managing people poorly, taxes, growth, hiring, firing, failure, and the list can go on for the things … Continue reading This is how you succeed in the face of fear