The Blog

What do you do when an employee doesn't respect you? Earn their respect. You can’t ask for the respect you need to earn it. In a perfect world, you would just have their respect in the real world you earn it by becoming valuable to them. Sadly some people no matter...

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...

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 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...

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 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...

Is it the right time to launch a brand during the COVID-19 crisis? Assuming you can sell it (what the brand offers)there is no wrong time to launch a brand. A brand with no one wanting to buy is only a brand in the mind of the creator and sadly no one else.

Can a manager be a successful entrepreneur? Of course, it just requires a different skill set. Managers tend to be good at overseeing others and not necessarily being successful at any one valuable skill (sales and or marketing) which will be needed to start a...

What is a holding and subsidiary company? A holding company does just what it says it holds (owns another company and often times many) and a subsidiary is (generally) a smaller company owned by a larger company.

Did Elon Musk just become richer than Warren Buffett? They are both according to Google this morning neck and neck at about $67 Billion and Warren Buffet has given away a good bit since meeting Bill Gates but regardless Tesla (like Ford in 1930s which made Henry Ford...