The Two Most Important Parts of Starting a Business

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 […]

Does Your Business Have a Mobile Strategy?

Many of your businesses are based in a brick and mortar location, many others are based on the web. Either way, many business owners stop there when building an online presence. With the emergence of smart phones and mobile commerce, it is important that your business takes steps to have a mobile friendly website.   […]

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 […]