Thinking of starting a hot sauce business? You’re making the right move. As a niche product with very wide appeal, it can be very lucrative. But you first need to keep a few important things in mind, as they’ll ensure success. Name Whatever business you’re starting, you need to have a good name. It should […]
Getting Started
10 Prevailing Myths of Business Ownership
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 […]
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 […]
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 […]
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 […]
5 Differences Between Freelancing and Owning a Business
There is a big difference between freelancing and having a business of your own. Although both invest in resources, require planning, getting leads, developing a skill, and are in need of ideas, there are major differences between these two entities. Freelancing Many businesses need the expertise of freelancers; name the type of office work you […]
3 Best Investments to Create a Passive Income
Most young professionals dream of fantastic ways of receiving an extra income without having to actually invest ongoing efforts. While there are certain investments that will help you create a passive income, you will also need to invest minimal time for monitoring investment growth and any potential loss. Whether you are hoping to start small […]
5 Reasons Boston is a Great Place to Grow Your Business
Whether you’re starting your own business or looking to expand one that you’ve already launched, there are a number of factors needed to reach success. You’ll need to have a high-quality product or service, of course, specifically one that offers potential customers a unique solution to their problems. It’s also imperative that you have a […]
Building a Business for the Freelance Economy
The freelance economy has seen impressive growth in the past decade. According to the latest stats, nearly 36% of American workers are involved in the gig economy in some form or the other, contributing over $1.28 trillion to the economy. The freelance economy is also witnessing similar growth in other parts of the world, including […]
Get Motivated: Top 5 Reasons to Go and Start Your Own Business
Each day you go to work. You get up, get dressed, and fight the morning traffic to tackle the stressors of working your 9 to 5 job. During your monotonous journey each day, have you ever wondered what your life would be like if you owned your own business? Well, if you’re like most people, […]
