Creating a Plan
Non-Competes, Gray Areas, and Salvaging a Failed Purchase
Last week we introduced the subject of non-compete agreements. Let’s dive a little deeper and present some “gray area” scenarios to consider. Then we’ll address the success or failure of the buyer with your product……
What Does It Take to Make Money as an Airbnb Host?
Airbnb has revolutionized the way travelers find accommodation. You no longer have to rely on expensive hotel rooms while traveling on business or holiday. If you are someone with a room or property to spare,…
Don’t Despair While Building a Sustainable Business
Entrepreneurs seem more quickly frustrated these days when their “million-dollar idea” doesn’t turn into a sustainable business overnight. They don’t realize that it takes many skills to build a business under the best of circumstances,…
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…
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