Should I Buy or Found a Company?

BUY. When you buy an established business, assuming you did your due diligence, you are buying a proven business model. It has already worked so you just need to continue doing what has been done and help improve upon that. A startup is taking something YOU have never...

6 Rules to Better Business Goals

Keep your business goals Simple. Clear—be able to explain this goal to your team in 1 sentence. Measurable—Example: We want to increase annual revenue by 7%. Timetable—Example: By end-of-year. Plan to make a reality. Example: Improve revenue by increasing our...

Choosing a Business Model for Your Startup

When you are creating a business model for a startup company, what are the most important things to include? You want to use a business model that is already proven if at all possible. Successful businesses leave footprints… so follow them. In general, you want a...

What Should Entrepreneurs Never Do?

Three Important Things To Consider BET THE FARM. I encourage calculated risk where you do your due diligence. You want to minimize risk at every chance—yes there is always some degree of risk, but it does not always need to require “betting the farm.” BE BLINDED BY...

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