I recently read Chris Guillebeau’s new book, “The $100 Startup.” I highly recommend the book to any aspiring entrepreneur. The book had many valuable tips, but I took away two ideas that I find the most important for new entrepreneurs. Have an Addressable Market When you create a new business, it should not just […]
Will Your Small Business Succeed or Fail?
Entrepreneurship is a high risk and volitile endeavor. The infographic below explains that only 35% of small businesses are still around in 10 years. Check it out to see why so many small businesses fail and how you can try to stay ahead of the curve when you are getting started. Related posts you might like: How […]
Is an Entrepreneur Life Right For You?
While we all dream of Tim Ferris’s 4 Hour Workweek and taking time to travel the world on our luxury yacht, the entrepreneurship dream takes a lot of hard work and dedication. Longer Hours If you work 40-45 hours each week during normal business hours, and like it, running your own business may not […]
Vendor Diversity
One common problem for small businesses is managing their vendor relationships. Countless small businesses have failed because they couldn’t get the supplies or services they need at a fair price. Here are some ideas to best manage your supplier relationships so you don’t end up with problem vendors. Find Multiple Vendors When you start […]





