7 Characteristics of Great Entrepreneurs

What personality and characteristics does a person need to build a business? 7 CHARACTERISTICS/PERSONAL TRAITS OF GREAT ENTREPRENEURS Driven towards a goal or achievement Determination in the face of obstacles People skills Sales skills Communication skills Leadership...

It’s Better to Increase Sales AND Lower Costs

What usually impacts a company’s profit more in the short term – increasing sales or lowering costs? They both work hand in hand. Sure increasing profits with expenses staying the same will add revenue and the opposite is also true. But when you can do both you get an...

What Every Great Salesperson Needs

What are important skills to have for sales? WHAT EVERY GREAT SALESPERSON NEEDS: Desire to be successful and or wealthy (this will be your motivation) Relentless work ethic Determination when things get tough Self Confidence Good Communication Skills FINALLY AND...

Determining Business Startup Costs

How much to start a tool rental business? Make a list of everything you will need to launch this business and add it up. You typically have launch costs (startup costs) and ongoing operations costs (what your monthly operating expenses will be). If you don’t know...

How Are VC Advisors Compensated?

How are advisors to a VC firm compensated? Normally with a piece of the pie- the percentage of ownership in relation to the measurable value they bring to the company. WARNING: Don’t give a VC a dime unless they are giving you money or provide a MEASURABLE asset to...

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