The Blog

What is the role of formal education in starting an entrepreneurial venture? Going to college has little to no impact on whether you will succeed as an entrepreneur assuming you have the qualities that are needed such as: Driven Taking Initiative Focus Relentless Work...

What makes starting a strip club different from starting any other business? Nothing really the rules are still the same. Provide a product (entertainment) that a large enough audience is willing to pay for that makes it profitable. Have a competitive advantage over...

Do law firms need to market themselves? Many do specifically in regards to personal injury. There is no downside of marketing a law firm and marketing attracts target customers. I just would not use a vehicle that does not fit the desired reputation of the firm. The...

How can I find my partner? HOW TO CHOOSE A BUSINESS PARTNER Do you share the same values? Do you share the same vision for the company? Do they bring something to the business that without it it would not be nearly as successful?

What is a "secret weapon" of startups to gain a competitive advantage? What can you offer and or do better then what your competition offers? The answer to this question is your secret weapon.

How do you boost the sales of a product that is experiencing a steady decline in sales? 3 REASONS WHY YOUR PRODUCT HAS DECLINING SALES Look and see if you are marketing it to the wrong target customer or your marketing message is poor and ineffective. Next, see if...

How would I find a life mentor? Find someone you admire based on their personal success and ask them if you can do coffee once a month to ask them questions about life and decisions you may need help making. People over 60 and retired have more time to mentor then...

When you have 3 people that want to start a business together, what business structure is best? Your accountant can best decide what corporation structure it should be based on long term objectives such as will this company go public, be sold, etc. Bonus advice from...

Which are the skills that are useful for a person? 10 SKILLS TO BUILD INTO YOUR LIFE Driven Exceptional in a few or even one area Focused Hard Workers Relentless Determination Calculated Risk Takers Team Builders People Skills Communication Skills...

Is it better to start a small business in your teens or as an adult? As a teen, your resources are more limited but your time and energy are endless. As an adult, you have responsibilities that may prevent you from taking action on an idea with the accompanying risk...