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?
Some people are just blessed with knowing exactly what type of business they should start. But I wasn't. Maybe you have no idea what you're doing and haven't the faintest idea where to start. That's where I was when I started my first business. What I did was this. I tried things. I had just … Continue reading What business should you start?
Fear isn't overcome; it's managed. I don't know anyone who's ever conquered fear and is a human. Gary Vaynerchuk says that he has, but he may not be fully human. I suspect that he's part machine. I mean, the man doesn't seem to sleep. Anyway, for us humans, fear is a reality. It's there. We hate … Continue reading How to deal with fear 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
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
The best time to start a business is right now. Don't wait for permission, someone to come aboard, to get that degree. Certainly don't wait until you get more time. You won't see that until you're probably retired, or dead. No. You need to start right now. That doesn't mean you need to get all … Continue reading This is the perfect time to start 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
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
Money, power, talent, smarts don’t start businesses. People do. Most of them are normal. But they all did one thing first. They made a decision. They decided to start a business or at least try to. In their minds and hearts, something happened. They said to themselves they were going to take the first step … Continue reading You can start a business by doing this
We built a product and spent real money on it, but we couldn’t keep it going without killing our primary business. So we quit. It sucked; it hurt; it killed a part of me. But it was the right thing to do. Maybe you have a business or are starting things, and you also hate … Continue reading Quitting can be the best thing you can do
Small business has big worries. And one of the biggest ones can be difficult conversations. They are the ones that you recognize you should have with that vendor, employee, contractor, partner, client, or manufacturer. But instead you've been avoiding it for the past few days, weeks, months, maybe years. You know what I'm talking about. … Continue reading Six tips on how to have difficult conversations
Have you ever felt like quitting your small business? I have. Sure, the hard work, long hours, and constant uncertainty are trying. But the one thing that can be the hardest to bear is the space and time to think. The time in between exciting events is where the real battle lies. It happens within … Continue reading The best thing you can do when it gets tough in small business
Pitching a potential new client is always nerve-wracking. It's do or die. And winning new business is key to growing. So it’s critical to get any edge you can. There are a lot of tricks, tactics, and strategies you can practice. But there is one simple thing that has helped us immensely. It is this: … Continue reading A simple little secret to winning pitches with new clients
You've built a small business you're proud of, but it feels unsustainable. You don't make enough money. It’s not that you don’t work hard. You do, crazy hard. But you’re still just scraping by. And you know that you must be doing something wrong, but what? And you ask yourself, "Is this the way it's … Continue reading The one thing that can revolutionize your business