Creating a Plan
How to Catch the Attention of a Business Seller
The first step towards buying a business is reaching out to the seller. When this is a serious inquiry, you should be sure to pitch it in the right way. If you’re too casual, the…
How to Market Research Like a Pro
Researching your particular market for the latest insights into what consumers want is a vital aspect of any contemporary business’s success, but many of today’s professionals are struggling to really tackle market research like a…
8 Tips for Quantifying Traction in Your New Venture
What is the definition of traction for a business startup today? According to most investors I know, traction is some clear evidence that the “dogs are eating the dog food”—usually meaning that you have at…
Money is Not the Only Measure of Success
I am sure you heard of Maslow’s Hierarchy of Needs that motivate our behavior, in which Abraham Maslow laid out a human’s needs—from the physiological, to safety, then love and belonging, on to esteem and finally…
6 Ways to Promote Transparency in a Startup (and Why You Should)
Transparency in the workplace is both a mantra and a model. While it’s true that transparency has become a bit of a buzzword, when actually put into practice it can have a real impact on…
Quick Stay-at-Home Guide to Starting a Small Business
Many parents are opting to stay at home while the kids are growing up. Some are supplementing their family’s income by working from home, often launching a new business enterprise there. Here’s a quick stay-at-home…
4 Strategies for Lowering Product Development Cost in a Startup
For a big company, lowering product development cost makes little sense. A big company has scale, and that means even small improvements in the product more than offset their cost. However, for a startup, product…
7 Keys to Selecting a Startup Idea That Works for You
A common request I hear from aspiring entrepreneurs is for an assessment of their latest idea. I don’t even try to assess things at the idea level, since I can’t read minds. I can assess…
How Dropshipping Can Help Your Business Succeed
Dropshipping is a method of fulfilling orders where the retailer doesn’t have the actual products in inventory but relies on manufacturers or wholesalers to ship the products to customers instead. This strategy has several advantages…
How to Create a Proper Business Plan
It’s a fantastic time to start a new business, which has led a myriad of entrepreneurs in the direction of starting their own companies and non-profits in the pursuit of success in the marketplace. Many…
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