The Blog
The Advantages of Subcontracting
What are the advantages of subcontracting to a business? You do not have ongoing labor expenses. You pay as you have a need and subcontract that need out. There are pros and cons of both. If it is a sporadic or temporary need subcontractors are great. I have found...
Is Prior Experience Needed to Build a Successful Startup?
What are the prior experiences needed to build a successful startup? It is not so much your experience but having some knowledge of the industry you are going into is a great help. It is the qualities that more often than not dictate the success of someone. 9 Traits...
3 Steps to Your Startup
What is the simplest way to build a business in 2020? 3 STEPS TO YOUR STARTUP Begin with a profitable idea (solve a problem, meet a need or desire and or provide a great experience) Business Plan even if just on a napkin but it should vet your idea, give you...
Great Entrepreneurs Do the Unbelievable
Why is Elon Musk so persistent in publicly promoting unrealistic projects? These claims by Elon Musk are not unrealistic in his mind. The greatest entrepreneurs of our generation believe they will do the unbelievable. Let's remember when Bill Gates proclaimed his...
9 Traits of Successful Entrepreneurs
What can I do in my free time to gain the skills necessary to become an entrepreneur? I would focus on getting experience in the industry you have an interest in and then learning everything you possibly can until a great idea within this industry comes to you. Or you...
Bootstrapping or Investor?
How far can you and should you bootstrap a startup? Bootstrapping or Investor? Bootstrapping is the way to go and you do it until you have a startup operating. The problem with bringing in investors is they will get involved at some point and or you are sharing profit...
Starting a Home Based Business
How can I start a home based business? You would be limited to the business you can only do online or virtually. What are you qualified to teach or consult that you could do virtually? What online business do you have any experience and or understanding of? What are...
Venture Capitalism: Investing or Gambling?
Are venture capitalists investors or gamblers? A touch of both because there is no guarantees in a startup as 50% fail but a VC does know what to look for in a company they invest in so I am sure they want to view it more like an investment with the potential of a...
Rebranding vs. Restyling
What is the difference between rebranding and restyling? Branding and thus rebranding is a long term change of your image and likeness with the accompanying reputation you have to your customers. Restyling is just one tool in your entire rebranding...
What to Do When Someone Uses Your Business Name
What do you do if someone uses your business name? USE A LAWYER and have them send a certified letter requesting it to be stopped immediately or legal action will be next. I had this happen once and it was an all-out war. If you haven’t trademark or service mark you...
Write Your Own Business Plan
Why did Jeff Bezos write his business plan by himself? Most business owners write there own business plan so they can see and work through the challenges that the plan reveals. I would never have someone else do my business plan. It is like having someone else pick...
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