Entrepreneurship by definition comes with risk so a prudent individual might want to ask the question; What is one way for an entrepreneur to decrease risk? It is a great question. To help us with that question we turn to the Theory of constraints in which there is an underlining assumption that inherent simplicity exists […]
The Most Effective Way for Entrepreneurs to Decrease Business Risk Read More »
Over the years of my practice and subsequent success/failures I have grown to appreciate the multifaceted reality associated with conducting business well. I have found that everyone puts their own spin on creating wealth or has a bias that bleeds through their approach to business. This isn’t bad it simply illustrates that there are many
The Four Stages of Wealth Creation: Your Complete Journey From Clueless to Capitalist Read More »
What Can a Small Business Owner Do to Increase Productivity? This question is one that is often not thought of at the establishment of a business, why would it be. People are often so excited and consumed by everything they need to line up to get the business off the ground they don’t take the
5 Proven Steps Small Business Owners Use to Increase Productivity Read More »
No one knows the future so its tough to give a solid answer to this but what I can say is that starting any business at any time is a great idea if you do it the correct way. If you read through this site you will find many articles on all facets of business
Is Starting a Business in 2023 a Good Investment Decision? Read More »
Throughout my early career I had people mention to me that I was smart. While that is a flattering comment, I would think to myself; “If I am so smart why am I still here” referring to my place of employment. This line of thought stems from the recognition that I was highly dependent on
Breaking Free from the Rat Race and Golden Handcuffs Trap Read More »
With your foundation of savings in place and a budget that allows you to continually add to your savings you will reach a point in which you will need to put some of your saved money to work. The best place to start with this is buying assets that make you money. Money has a
How to Buy Assets That Make Money (Including Business Assets, Not Just Investments) Read More »
In the previous section we discussed How Saving Money Works and What it Will Afford You. If you have done this and have established a habit of saving you have begun the process of creating a personal budget that will give you freedom, flexibility, and peace of mind. Having a plan is essential and establishing/sticking
How Personal Finance Budgeting Creates Financial Freedom and Peace of Mind Read More »
If you are living paycheck to paycheck or perhaps don’t know where your next paycheck will come from you know the feeling of being strapped for cash. While not a great feeling it is likely one of the most crucial realities required to move you along the path to financial success. Learning how saving money
How Saving Money Works and What It Will Afford You Read More »
Ever want to know if you have wat it takes to be a business owner? Here is how to take the “Can You Be a Business Owner Quiz” to find out. Simply run a profit and loss statement on yourself to get the answer. A profit and loss statement simply records all the moneys in,
Take the Ultimate Business Owner Quiz: Assess Your Entrepreneurial Readiness Read More »
The first piece of the financial equation that people often address is; how to make more money? Naturally this is where people start when making career choices and planning their futures. So, lets take a look at how we can influence the “money in” side of things. How can we bring more money into your
How to Increase Your Income: A Complete Guide to Making More Money Read More »
