Archive for the ‘about business’ Category
Lies, Damn Lies and Government Statistics
February 15th, 2010 | Author: Mitch Biggs | 471 views
The truth?
Too often, we think the data is straightforward math and simply draws on the underlying data sources. The reality is that it is anything but. The following example will hopefully illustrate the point.
Recently in Washington a rather large number of economists from academia and government met to resolve an issue with data gathering. It has become more serious in the US and has distorted how we value the American economy itself. Central to this issue is how imports…
Posted in about business | Tags: GDP data, productivity statistics, recession, statistics | No Comments »
Being cheap: It’s Not About Saving Money
February 10th, 2010 | Author: Noobpreneur | 446 views
Frugality
This is a guest article by Patrick Jobin.
“I have a 40 page business plan. Now I need a bank loan.” These words are a sure sign that the business is going to fail. Unless you’re getting into the real-estate business, debt financing should only be sought as a last resort.
Instead, you should simplify your product or service down to its most basic elements, and look for ways to launch with little or no money.
Instead of…
Posted in about business, business tips | Tags: bootstrapping, business funding, going frugal, guerrilla marketing | 3 Comments »
Top 7 Gotcha’s at Closing When Buying a Business
February 7th, 2010 | Author: Mitch Biggs | 457 views
Avoiding Mistakes at Closing
The buying and selling of businesses can be an arduous process. Both the buyer and seller are well served having a professional business broker that is seasoned and has a penchant for details.
In addition to the emotion of turning over the keys or leveraging one’s life savings for a new venture, there can be a lot of roadblocks along the way. I’ve listed the Top 7 issues of the 15…
A Day at Entrepreneurs Law School
February 6th, 2010 | Author: Scott Messinger | 433 views
Business legal
Sometimes it may be easy to recognize what a successful person looks like because of the fancy car, expensive clothes or the big house or houses. But, what does a future Successful person look like?Â
Last weekend I was asked to speak at the Entrepreneur Law School at Florida Gulf Coast University. I spoke along with an attorney to a standing room only crowd of small business owners in Southwest Florida. These small business owners paid $100 to attend…
Why Is It that You Will Work Your Butt Off for 16 Years in School for an Education to Get a Job but When It Comes to Your Own Business You Want Instant Gratification?
February 2nd, 2010 | Author: Tyler WebCPA | 569 views
Next comes the hard part!
“Actually I’m an overnight success. But it took twenty years” – Monty Hall
Most people who dream of owning their own business, which according to some studies as much as 61% of Americans, understand that it takes a tremendous amount of work and sacrifice to start a business, at least conceptually. What they fail to understand is that their superhuman work often pays very little, at least at first.
Most people…
Posted in about business, personal development | Tags: being an entrepreneur, business startup, entrepreneurship, hard work, start a business | 5 Comments »
Small Business Owner/Entrepreneur Experts Wanted
January 31st, 2010 | Author: Scott Messinger | 551 views
Expert Entrepreneur
What is an expert? Are you an expert? Do you call yourself an expert? Do your customers refer to you as an expert? Undoubtedly, it provides value to be viewed as an expert in a certain field or line of work. Is aspiring to attain such status a worthy goal, or is attaining such status really just a byproduct of ones efforts towards larger, bigger picture goals?
My current business is helping people and business in the process of…
Posted in about business, personal development | Tags: business experts, entrepreneur, small business owner | 3 Comments »
Starting a Small Business? A Lesson Learned from American Idol
January 28th, 2010 | Author: Noobpreneur | 572 views
Let the man speaks truths!
This is a guest article by Jim DeLapa, the President of GreatBusinessPlan.com
If you are thinking about starting your own business, believe it or not you can learn a valuable lesson from tuning in to the early auditions of American Idol, now on the air. This lesson will help you avoid one of the most common mistakes made by entrepreneurs, one that costs them dearly. Take this lesson with you as you write your small business…
Posted in about business, business tips, personal development | Tags: american idol, business startup, small business, small business startup | 1 Comment »
Are You a Happy Entrepreneur?
January 26th, 2010 | Author: Noobpreneur | 651 views
Happy business woman
Entrepreneurs are often touted as one of the most fulfilled career paths in the world. A question to ponder: As an entrepreneur, are you happy with your achievements? Are you happy with your life?
The pursuit of happiness – this must be the endeavour of most people in the world. I’m not sure I can find a person who doesn’t want to be happy. I have a big question that fits both new entrepreneurs and well-seasoned ones, though:…
Developing Profitable Product Concepts
January 25th, 2010 | Author: Noobpreneur | 648 views
Toyota Corolla wire-frame
This is a guest article by John Schulte, the President of the National Mail Order Association.
It’s very hard to describe how to develop the merchandising ability of looking at things and automatically seeing how it could be sold. It’s part experience, part learned knowledge, part natural instinct. I can only write examples when they come to me.
Hopefully through example you will learn to relate and assimilate. You must practice your product development skills every day. You…
5 Reasons You Should Consider Selling Your Business in 2010
January 20th, 2010 | Author: Mitch Biggs | 684 views
Sell a business
The 2010 new year brings with it the time when business owners review their strategic plan and business goals. Many of the owners we talk to are wondering if this is the year to consider selling the business. There are five specific reasons why it would make sense to sell in 2010.
There are many factors that determine best timing for selling a small business — the financial condition of the company, valuation, growth cycle, profit history, and…
Posted in about business, business news, business tips | Tags: 2010 business trends, Business advice, business broker, reasons to sell business | 1 Comment »
Brainstorming a New Business Concept
January 19th, 2010 | Author: Noobpreneur | 732 views
Brainstorming session
This is a guest article by John Schulte, the President of the National Mail Order Association
I like to mix concept development lessons in with real life opportunity. I have a new one today for you to learn and possibly earn from.
A few weeks ago some friends invited my wife and I to go with them to a comedy club. As we were sitting at the table having a drink, our conversation turned to a neon beer sign…
Posted in about business, business tips | Tags: brainstorming, brainstorming session, business development, new business concept | No Comments »
