My 13 year old son had a project due today about 9/11 for his 7th grade social studies class. He was supposed to interview someone about what they remembered from 9/11. As we discussed this I realized that he really has never experienced a world not impacted by 9/11. I got a copy of the New York Times that I bought the day after the attack to show him. While we looked at the images my 7 year-old looked at it and said “What is that?” He had never seen what happened.
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