I was asked about common myths of business ownership that people still believe in 2019. I came up with a list of 10 common myths. Do you agree? That the business idea matters. As if ownership ought to depend on having the big idea. As if people steal ideas, or that’s even possible, much less […]
Startup
Health & Fitness: 5 Ideas to Generate Some Extra Income in Your Spare Time
Let’s face it—not all of us do jobs we absolutely love. Many of us will have passions and interests that don’t relate to our work, but we will find time to do them anyway. So, why not take it one step further? If you are a big fan of sports or health and fitness, for […]
What Do I Need to Know Before I Buy a Franchise?
Buying a franchise is a complex, long-term investment that has the potential to change your life. If your business succeeds, you may never have to work for someone else again. If it doesn’t, you could lose your investment, and you could find yourself bound by strict non-competition covenants that prevent you from using what you’ve […]
4 Basic Ways to Get Your Startup Funded
Thanks to the age of the internet, more people than ever before are beginning to discover new opportunities for bringing their entrepreneurial dreams to life. These days, you don’t necessarily need a huge amount of cash or a lot of investors to begin running your own company. With a little intuition and the right business […]
7 Questions to Test Your Potential as an Entrepreneur
As a mentor to aspiring entrepreneurs, the most common question I get is, “I want to be an entrepreneur—how do I start?” The obvious answer is that you need an idea first, but I’ve come to realize that the process is really much more complex than that. Many people with great ideas never make it […]
Putting Your Company’s Purpose First to Help Create Positive Impact
Most companies are born in a vacuum, from the space where a creator and a maker saw a need out in the world and took the many steps needed to fulfill it. But as time passes, spreadsheets and the bottom line can obscure the original intention, and that same company can lose sight of its […]
3 Ways to Make Your Franchise a Family Business
You can’t choose your family, but if you’re a franchise owner you can choose whether or not they are involved with your business! In fact, 43 percent of small businesses are family businesses according to the National Federation of Independent Businesses. If you are looking to bring your family into the franchise fray, here are some of […]
How to Get Ahead as a Startup Business
The ever-shifting landscape of business can be equal parts satisfying and unpredictable. For most businesses out there, success almost entirely depends upon experience in the field, but most startup owners do not have years of experience under their belt. It is the reason why so many businesses end up failing to achieve their goals, as […]
Best Practice Examples: How a Gun Writer Started a Successful Business
A few years ago, a young gun writer—we’ll call him Josh—was making a decent bit of money writing for various firearms publications. But he had a problem: He’d hit a bit of a wall in terms of income growth. It was difficult to increase his rates much more. And he was pretty much maxed out […]
When is the Best Time for Startup Companies to Move into a Physical Office?
New startup companies are often incorporated without the people involved ever meeting one another. Granted, this isn’t a recent trend. Game developers and other high-tech concerns back in the 1990s often outsourced work to creative professionals who were armed with a modem and little else to get their job done. Growing companies, however, eventually reach […]
