The Definition of a Successful Business

What defines a successful business? What separates a successful business from a struggling business is generally revenue and most importantly profit. If your company is not profitable it will not be in business much longer so being profitable is the most important...

3 Biggest Mistakes Entrepreneurs Make

Why do most entrepreneurs fail? 3 BIGGEST MISTAKES NEW ENTREPRENEURS MAKE They fall in love with their idea and don’t allow it to be tested or criticized so when it is exposed to the real world it fails miserably. They fail to build a great team around them. Lack of...

How to Evaluate and Overcome Your Competition

What are two tips to examine competitors? HOW TO EVALUATE and OVERCOME YOUR COMPETITION What do they do very well that you will need to be even better? What can you offer that they do not offer and your target customer would want? What one promise if you could deliver...

Household Budget for Beginners

What should I pay in rent based on a salary? Your housing expenses (rent or mortgage with utilities if at all possible) should not be greater than 35% of your take-home income. General Idea of a Smart Household Budget from a guy who grew up poor and is quite wealthy...

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