Financial freedom for a working professional is not a mindset shift. It is an engineering problem. You have a fixed income, fixed expenses, and limited discretionary time. The question is not whether you want to be free — it is how you redesign the system you are already running so that it produces a different […]
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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
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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
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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,
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I just finished going though Donald Miller’s new book Hero on a Mission: A Path to a Meaningful Life. I was exposed to the book while listening to the radio. Dave Ramsey had Donald on his show and gave him a short interview discussing the book. The hook that got me interested was when Donald
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As the years roll by I have been challenged by the seemingly unending spectrum of entrepreneur types. There are big ones, small ones, one-shot ones, bad ones, good ones, and sad ones. Some are exuberant sales man while others are unassuming, quiet, and reserved. This shouldn’t be surprising as no two people are alike so
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The topic of formal education is often on the minds of entrepreneurs as they begin their journey the problem is formal education can be expensive and requires a great deal of time. So what does one really get from such a program and is it worth all of the investment? Only you will ultimately know
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When starting and running a small business the question of how to finance will come up multiple times. There is often an initial startup cost for assets, materials, and initial operations. As the business grows the demands on your company will change and you will again need to look at acquiring more resources. Depending on
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It may not be evident at first glance, but small businesses have a huge advantage over large companies in many regards. Small firms don’t have the deep pockets to weather storms, but they do have the flexibility and focus that is not commonly found in larger corporations. This means that the ability to meet the
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It seems most people could use additional money on the side so I wanted to share with you a few things I have done to give you some part time money making ideas. What are the two things we never to seem to have enough of? Money and time. I believe this is why many
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