Concepts Entrepreneurs Need To Know 187
The entrepreneurial brain sees things differently from the masses because they have knowledge and wisdom that most people do not have. This section contains posts that cover the many concepts a founder needs to understand to create and operate a successful business.
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An Introduction To 7 Useful Funding Options Beyond Friends And Family
To Raise Private Equity from Acquaintances to Sophisticated Accredited Investors, Founders Will Need to Consider One Of Seven Funding Options.
Why Founders Must Acknowledge the Value Investor Mindset
A Value Investor Looks Beyond Just Financial Metrics When Investing in A Business. They Will Consider Both Quantitative Factors Such as The Amount of Return on Their Investment and Qualitative Factors Such as The Management Team and Commitment of The Founder(s).
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8 Steps To Delivering a Consistently Memorable Customer Experience
These days, customer loyalty depends on the total customer experience, not just price and quality. As a consumer, I rarely pay attention to your marketing pitch, but I certainly always remember a exceptionally positive total experience with your team, based on a memorable set of interactions from first contact to discussions with friends. Yet, as a business consultant, […]
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What You Need To Know About Centralized Management In An LLC
Centralized management in an LLC is where a professional manager, who is not a member/owner makes most of the decisions in a company.
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How to Know If Your LLC Is Compliant with IRS Rules?
Paying Taxes at The Corporate Level Is Undesirable for Most Small Businesses, So the LLC Was Born. To Avoid Being Considered A Corporation by The IRS, You Can’t Look Like One. There Are Four Selectable Characteristics that Are Common to Corporations. As an LLC, You Can Only Pick Two Of The Four.
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Assumption vs. Belief – Why You Need To Know The Difference
An "Assumption” is where you believe something to be true, but it is yet unproven while a “belief” is something you are certain is true. As a small business owner, you should always challenge a belief and treat it as an assumption because your beliefs may not be facts.
What Is A Startup? Why You Need to Know the Different Types
The Word “Startup” Has Become Ubiquitous in The American Vocabulary. However, There Is Really No Common Understanding of The Definition. This Is Because There Are Actually Two Types of Startups
Why Being Told You Need a Business Plan May Be Bad Advice
Entrepreneurship has changed in recent years and why you may no longer need to write the classic version of a business plan.
10 Mistakes To Avoid When You Want To Sell A Business
There comes a time in the life of every business owner when you need to move on to something new, retire, or let your business go to someone with new energy and ideas.
5 Early Entrepreneur Strengths That Can Limit Growth When You Scale
Many behaviors that helped you to launch a startup are incompatible when it comes time to scale and can cause real problems.
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