Startup
My Advice to Startups Seeking Angel Investment
Over the weekend I was asked what advice I’d give to founders of a startup seeking angel investment. Here’s my list. First, make sure you really want angel investment. Read 10 good reasons not to seek…
10 Strategies for Building a Business with Influence
Successful entrepreneurs often start with a “random” idea, but they quickly focus their efforts and follow a “system” to organize their startup and maximize the clout of their activities. Too many entrepreneur “wannabes” never get…
Types of Business Entities and How They Work
If you’re starting your own business, or even if you’ve been in business for a while, you may be wondering what your options are for structuring your company. There are a number of types of…
5 Name Branding Lessons from Unicorns
Unicorns definitely exist in two places: on elementary school kids’ back packs and among startups. It’s the second category that I’m most interested in, and today I want to look at the major unicorns to…
5 Tips for Small Business Startups
Quick Books Community for Self-Employed is a fun place for me to hang out and to hear everyone’s stories. What a great crowd. If you’re running a small business or thinking about it, you should…
Want to Stop Trading Time for Money? Avoid This #1 Mistake!
“Stop trading time for money.” Thanks to the Tim Ferrisses of the world, that has become the rallying cry of people who are stuck in a job they don’t like and who want to create…
Is Dropshipping Still a Viable Business Model in 2018?
As you may already know, in recent years many online businesses have been closely tied to the dropshipping business model, using it as a means to help them grow and become more profitable. What is…
Partnerships and Pass-through Entities: What Do You Do?
Question: Jane is a Partner in a partnership with a July 31 year end. What information does she use to calculate the Sec. 199A deduction she claims on her 2018 Form 1040, U.S. Individual Income Tax Return?…
Raising Your Total Startup Capital in 5 Steps
You’ve got the next billion-dollar idea and you are looking to make the big jump into the “fairytale” journey of an entrepreneur. You have read all the startup books and know everything about the great…
Grow By Creating Markets, Versus Killing Competitors
For your business to continue to grow, there are really only two ways to get customers. One way is to take customers away from an existing player, and the other is to create a new…