Don’t Rest Until You Test!

So, you have a great new product or service that you and your associates love. Early adopters should climb all over each other for a look. But what have you done to test the concept against the realities of the marketplace? Have you developed a prototype, alternate pricing schemes, even a PowerPoint mock-up to show…

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What to Consider When Buying a Franchise

Many people dream of being an entrepreneur. By purchasing a franchise, you can sell goods and services that have instant name recognition while benefitting from training and ongoing support to help you succeed. However, like any investment, purchasing a franchise is not a guarantee of success. It’s important to do your due diligence before making the…

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What Every Entrepreneur Should Know Before Starting a Company

When it comes to running a business, my best advice to any new owner, founder or executive of a company is to listen to as much advice as you can and apply what is most relevant to your scenario. When I first started Isolator Fitness Inc., I made mistakes like ignoring my customers’ needs, hiring…

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What First-Time Parents Need to Know About Building a Startup

Having recently crossed the one-year mark with my daughter, my first and—my wife assures me—only child, I started thinking about the commonalities between raising a human in that first year, and building something in the business world. After starting Rented.com, I thought I would share some learnings that might be useful to other founders and…

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10 Small Biz Opportunities in the Music Industry

If you’ve always loved music, and are looking for a way to turn your hobby into a business, you should know that there are more opportunities to make money in the music industry than ever before. While working in an area related to your passion is its own reward, there is also a significant amount…

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Do You Have the Right Stuff for a Growth Business?

As an angel investor, I get approached regularly by aspiring entrepreneurs who can talk endlessly about their latest great idea, and little else. While I recognize that every new venture starts with an idea, a successful business of lasting value is all about people and execution. Every investor is looking for someone who can turn…

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How to Buy a Low Cost Franchise

Buying a low cost franchise is a great option for those who may have big dreams of business ownership but smaller pockets. Generally, low cost opportunities are those whose cash requirements range from less than $20,000 up to $100,000. Once you determine what you can afford, you can begin the search for your new business.…

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