Feb 29, 2020 | Articles, Sean Answers
How do you get people to invest in your company if you don’t have family? I have never had a family member invest in one of my startups as I only go to people I believe could afford to lose their investment as a startup. Startups are far from guaranteed returns....
Feb 28, 2020 | Articles, Sean Answers
Why is a business plan important for entrepreneurs? It puts your business idea to the test (BEFORE) you spend money. It is a vetting process. It gives direction and a strategy to HOW you are going to launch and operate your business. Would you go to an empty lot and...
Feb 28, 2020 | Articles, Sean Answers
If there are business owners who are not smart enough, do not know their own market and target audience, how to manage people, manage finances, and have no idea how to run a business, how are their businesses still up and running? They have employees that fill the...
Feb 28, 2020 | Articles, Sean Answers
If owning and operating your own business is the best way to provide for your family, what skills and personality traits really make business ownership possible? You can provide for your family as an employee but if you chose business ownership then the qualities most...
Feb 28, 2020 | Articles, Sean Answers
What do you expect from your business partner? They need to bring something critical to the partnership. They need to answer this question: Without (insert name), I could not have started my business because they brought (critical resource) to the partnership. They...
Feb 28, 2020 | Articles, Sean Answers
Where is the best place to start building a business from nothing? Start with a profitable IDEA. Where do you see a need being met? What is a recent problem you have run into that others need help with? Where do you see a lack of competition in your area or in the...
