Startup
The Power of Bootstrapping
I’ve learned a lot from failure. One of the biggest lessons came from one of my earliest businesses. After a couple years in professional football, with a motley assortment of jobs in the offseason, I wanted to go out and start my own business. I worked with a close friend of mine to think through…
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4 Reasons Corporations Are Attractive to Investors
Every new, and established alike, business needs some investors to get their venture off the ground. Without the initial funding, there would be a lot of startups that would never even get to see their first year in business. A small business will need money all throughout its lifetime to stay afloat, but it’s the first batch of…
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Start Your Business with Value
When you start a business, the first thing you have to have is a product or service that solves problems for people. You have to have something that people actually want, that they can use. Once you have that, you have to provide people with great value. Many businesses that find themselves leading the way…
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Consultant’s Corner: 15 Reasons to Write a Business Plan
Question: I have been in business for a year. Is it worth my while to prepare a business plan since I am not borrowing money? The two basic purposes of a business plan are to raise funding and effectively plan new business ventures. Below is a list of 15 common reasons, including the first two…
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Consultant’s Corner: Bank CDs for Small Business Financing
Question: I have many friends and family who want to invest in my business, but would like a secure place to do so. Should I have them invest in a bank CD that I utilize as a secured loan for my business? In our opinion, having investors buy a bank CD (or CDs) to secure…
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How to Build a Productivity Strategy
In any small business, there is a mountain of tasks that need to be done—some right now, some yesterday, and some down the road. Some are critically important; some would be nice but are not essential. Some are things only one person can do; some can be done by anyone on the team. To help…
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8 Tips for Startup Success
If you’re anything like most entrepreneurs, you love the idea of the startup. It’s always an exciting time to be in the startup phase of a new business. However, this can also be a very volatile time, as it really matters how you make use of your resources. Here are a few tips for startup…
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Which 5 Cities Are Best For Small Businesses?
This August, Fios by Verizon released a study on the 10 best cities for entrepreneurs to start a small business. The data gathered by the company examined factors from nearly 300 cities across the country including population, higher education levels, income per capita, loans per capita, and the state’s tax environment. The cities and states…
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3 Mindset Secrets to Achieving Small Business Success
Recently, I read a piece in the USA Today on the 11 secrets to small business success. There are all kinds of articles like these online, ranging in number count and content with the “secrets” as largely common knowledge to small business owners such as taking time to unplug or hiring a good team. In…
Read This ArticleKidpreneurs: Protect Your Lemonade Stand with “Legal-Ade”
Remember all those summers where you would set up a lemonade stand in the yard or at the park and try to encourage passerbys in the neighborhood to stop and buy a refreshing cup for no more than 50 cents? As a kid, the only thought you had on your mind running this kind of…
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