The Blog
How to Win the Ideas Race
What should I do if there is a competitor who has the same idea as me? First, recognize ideas are a dime a dozen it the effective execution of an idea that matters. Speed does not always win the race as Google was like the eleventh search engine to come along. But...
5 Musts in Every Partnership Agreement
Do friends typically make good business partners? If you and your best friend are under the age of 30 have at it as it will be much more fun and 2 are better than one. Just remember it is like a marriage so a prenuptial agreement is still a great idea. 5 MUSTS IN...
The Real Value of Studying Business as a Degree
What are the good reasons for studying a business degree? Why should someone study business studies? You can create a network of contacts of other students who love business and possibly partner in a startup. You can learn the basic fundamentals of business and...
5 Ways to Identify High-Value Customers
How do you identify high value customers? 5 WAYS TO IDENTIFY HIGH-VALUE CUSTOMERS They are repeat customers They are lifetime customers They are raving fans telling others to do business with you The have reasonable expectations that your business can meet They pay...
Saying “No” Without Jeopardizing the Deal
How do I say no to customer asks without jeopardizing the deal? Prior to going into any contract or agreement with a customer or client have the expectations/commitments to fulfill clearly spelled out so you do not have to give more than what you have agreed upon. I...
6 Secrets How to Handle Rapid Growth
Of all the problems to have this is a good one. 6 SECRETS TO HOW TO HANDLE RAPID GROWTH Bring on a partner or high-level employee to help you Bring in a consultant who has experience in exactly what you need help with. Constantly be upgrading team members. Still think...
3 Reasons Why You Sell Your Business
Why would someone sell their company which they started from scratch? 3 REASONS WHY YOU SELL YOUR BUSINESS You have a new business venture you wish to pursue and don’t have the time or the focus have 2 things on your plate. You have lost interest in your current...
Paying Someone to Start and Grow a Business
Can I pay someone to start and grow a business for me? You would be a venture capitalist or angel investor. You would invest in startup founders who have the idea and intend to build the business and if they are successful you reap financial rewards.
4 Soft Skills Every Entrepreneur Should Develop
What are the most important soft skills for an entrepreneur? 4 SOFT SKILLS EVERY ENTREPRENEUR SHOULD DEVELOP People Skills as people do business with people they like and trust. Problem-solving through collaboration as you will spend a lifetime in business solving...
What Entrepreneurs Don’t Learn in College
I want to study and then work in business. However, picking college majors, courses, etc. isn't easy when it comes to business in particular. There are many options. How does it work? First, ask yourself if you want to help someone manage or build their company, or do...
Forcasting Sales for a New Business Using Previous Data
How do past sales of the company impact forecasting sales for a new business? It will help very very little. At the most, it can just show you the level of interest the marketplace currently has in what you are selling assuming the two companies are similar using the...
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