Recently I have been coaching high school entrepreneurs. One evening, after a coaching session, I realized that they and the contestants on reality TV show Shark Tank have something in common that is probably the biggest barrier to success for any new business. While many entrepreneurs have exciting ideas, they focus too much on the […]
Finance Articles & Posts
This section contains some essential "How-Tos" for small business owners and Entrepreneurs. The goals are to provide critical information, tips and recommendations to improve your business including financial statements, budgets, and raising capital. After you have reviewed them, you should move on to the FINANCE TEMPLATES section located in the Navigation bar beneath FINANCE ARTICLES.
We all know that new strategies and technologies such as the internet, social media, Smartphones, and major online retailers are rapidly disrupting organizations. However, financing and the financial industry have been very slow to adapt. The purpose of this article is to recommend a number of tactics to take advantage of new (and sometimes disruptive) […]
What? ….What a combination of concepts there — ancient Greek philosophy and light saber cats. And that has what to do with business risk? A lot, actually — so says one COO of Facebook by the name of Sheryl Sandberg. Here’s what she said, which to this day is an iconic question: “What Would You Do […]
It’s understandably difficult developing a business model that works when you’re so muddled into factoring everything from telecommunications costs, travel, and other minor expenses. In other words, we want to be “accurate” and “complete” with our business model — when really all we need to be is drilled down to the simplicities. Base Projections — […]
The iconic man Steve Jobs had quite the business ethic back in the day, judging by one of his more infamous quotes…. “The People Who Are Crazy Enough to Think They Can Change the World Are the Ones Who DO.” In business, honestly, we should follow that — as much as possible. To a certain extent, […]