When Your Business Feels Like an Arranged Marriage

Q. I was laid off six months ago. Jobs in my field are scarce so I moved to a new town to start a home business. People have paid me for everything from website maintenance to pet sitting.But the money seems to be small and slow. And frankly, I really... Read More

My Nemisis

Living in the twilight zone has its advantages. In the early days of starting my business, I found the limitations of living in a rural area to be restrictive. However, later I realized that those limitations were not an obstacle that could stop me; they were only a challenge that... Read More

Pre-Money vs. Post-Money Valuation

When a company decides that it must raise capital, a key question that must be answered is how much the company is worth. For example, if the business needs $500,000 to get started and/or grow, how much of the equity in that company should $500,000 command? Once this question is... Read More

The Term Sheet?s Role in Raising Venture Capital

Entrepreneurs and companies who are seeking venture capital often negotiate with one or more venture capital firms on a number of important issues. These issues include the amount of capital to be raised, the investment terms, etc. The document which summarizes these terms is known as a "term sheet."The term... Read More

How A Woman Became A Successful Bill Collector In A Mans Industry And How You Can Too!

I have worked in the credit industry for over 17 years now. When I first started out, I only knew a very few women in the industry. That number has grown over the years, but not by much. Being a bill collector has always been categorized as a "man's industry".When... Read More

Entrepreneurial Business Plan The Down And Dirty Way

Does the idea of running your own business sound exciting? Do you have a business up and running and want to take it to the next level?After coaching hundreds of entrepreneurs at various stages of their evolution, I've found that the answers to these 5 questions can make or break... Read More

Documenting Partnerships in Your Business Plan

Forging partnerships to improve market penetration has become commonplace, particularly for "new economy" businesses. And, most companies proudly mention their many partnerships in their business plans.The fact is that, regardless of whom the partnership is with, partnerships by themselves are meaningless. What are meaningful are the terms of the partnership.... Read More

The 7 Major Reasons Businesses Fail and How to Overcome Them

This year, over 800,000 of the approximately 2,000,000 start up businesses will fail!Nearly 1,000,000 of those remaining will fail within 3 years. Why do so many businesses fail? Many studies show that approximately 98% of all failures occur because of the owners. The other 2% are a result of acts... Read More

5?4?3? 2...1?

A streak dating back more than three decades came to an end at midnight on New Year's Eve. For the first time since 1972, as America rang in 2005, "America's Oldest Living Teenager" was not in Times Square to count down the dropping of the giant ball. The 75-year-old host... Read More

Do You Want to Just Survive or Thrive? (Part 1)

You've probably heard this, or maybe you will relate to this personally. Have you ever arrived somewhere and wondered, "How did I get here?" or "Why am I here?"Have you ever wondered if you've missed the boat (with your family on it)?Life is a battle that must be fought if... Read More

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Could a Book About Your Company be Worth $1.7 Billion? Building Value Through Publishing

"Berkshire Hathaway (NYSE: BRK.A) to purchase Clayton Homes for $12.50... Read More

Answering Why You, Why Now Critical in a Winning Business Plan

Business plans continue to be an essential element of the... Read More

Creativity & Entrepreneurship: The Creative Evolution of an Intellectual Property?

In each of us, there is a creative spark -... Read More

What It Takes To be An Entrepreneur Series: Action

Many people have the professed desire to be their own... Read More

Fear of Failure

Of all the real or perceived impediments to success, the... Read More

Double Down on Marketing

If you want to compete in the world of high... Read More

How Good Is Your Big Idea

Q: I want to start my own business. I have... Read More

Opportunity Does Not Knock

Q: I'm graduating this year with a degree in business... Read More

Evaluating an Opportunity

Business opportunities are often based on broad trends, such as:?... Read More

Expand Your Resourcefullness!

The success and failure for the entrepreneur is largely dictated... Read More

Are You Ready To Be Your Own Boss?

You have this burning desire you want to be on... Read More

Oil Change Guys History; Part I

How do franchise companies come to be? How do they... Read More

Securing Second and Third-round Venture Capital Financing

Widget sales are booming ? the competition is scrambling, demand... Read More

Business Is No Guarantee of Riches

Q: I'm thinking about starting a business since that seems... Read More

Message to Prospective Franchisees for Franchisors

Many franchise companies fail to send the proper message to... Read More

Does It Really Take Money To Make Money (Online or Offline)? A Reality-Check of 2 Case Studies

The short and simple answer to this question is NO!Now,... Read More

Lessons Learned from Successful Entrepreneurs

Entrepreneurs are a special breed of high achievers. They create... Read More

A Startup Never Closes

When it comes to a startup, the luxuries shared with... Read More

Success Secrets - What I, Mike Litman Learned From This Old Book

Yesterday was a beautiful, sunny day in New York and... Read More

The Entrepreneurs Dilemma

In business, you plan to protect your inventory, your unique... Read More

From Bank Clerk to Entreprenuer

What seems like a century ago, I left school and... Read More

Find Me the Expert on This!

Many people who set up as consultants never make more... Read More

The Boss is DEAD!

Some of us are born into families with "it", some... Read More

Entrepreneurial Emotions or It Seemed Like a Great Idea at the Time

It's your first business or the next Great Idea in... Read More

Taking Charge and Getting Results: The Choice is Yours

As one of the most successful direct sales entrepreneurs in... Read More