You’re ready to start your first business. You have probably thought of a million things you need to do to open the business but unless you have been there before there are five things you won’t know that will trip you up.
Everything Costs More Than You Expected ~ You have probably been working on a business a plan that includes forecasts for revenue and expenses. It looks great and you can clearly make this work. Probably not. Most first time entrepreneurs under forecast their expenses and over project their revenue. When you are projecting expenses multiply what you have put in your initial plan by three to five times to get a realistic idea of what your expenses will be. Are your revenue projections still covering expenses? If not you need to do some more prep work. Read More
Part random, part purposeful my career progression is what it is. I had four or five majors before I graduated. I had plans to jump into a good job out of college but started at the bottom doing collections for a finance company. I worked in banking until my mid-30’s then decided to take control and shift careers into what would end up being my job working with entrepreneurs and small business owners. Am I where I envisioned I would be at 53 years old? Hell no, but I have learned a great deal and as soon as I finish my time machine I’ll be ready for a fresh re-start. Until then here are some tips that could maybe help people the right doors opened for their career success. Read More
What do you do when you have one of those days where you just get tired of trying to push the bolder up the hill? You know that if you stop moving forward the bolder will start rolling back and crush you so you persevere regardless of how drained you feel. I recently felt like that. In my efforts to look for inspiration I pulled out Rules For Revolutionaries by Guy Kawasaki. It is an older book but the rules hold true. The one rule that I always remember is “Don’t Let The Bozosity Grind You Down”. There are so many bozos out there disguised as “experts” that are all willing to tell you how what you are doing won’t work. That is when you must have faith, believe in yourself and not give up. Read More