Then I discovered the magic of masterminding, and my business was never the same. The first year I was in a very high-level mastermind group, my income shot from $130,000 to $2.2 million. Yes, I was shocked!
Anyone can become an entrepreneur. There is a difference between becoming an entrepreneur and Being an entrepreneur. There are certain set of qualities in an entrepreneur which are required of them to survive the ordeal of starting, running and maintaining a Business venture.
Several business establishments have already succumbed to hiring accounting firms for the purpose of handling their financial transactions and ultimately managing their financial documents and reports. There are a lot of advantages to gain by doing so. One of these is the fact that it relieves you and your entire business from the stress that comes with the constant updates and management of your books and accounts for financial reporting.
These questions can help you can narrow down your choices and finally find your place in an entrepreneur world. What are your interests? While you don’t need to be an expert in the business you choose to start, it will help you get ahead of the game if you have some interest in it already. If you have a passion for it, all the better for you. What’s more, if you are actually an audience member for your business idea, then that’s even better because you will already have a…
When people are thinking of starting a business, one of the most frequent advices that they receive is to have a start up business plan. Well, this is undoubtedly the most valuable piece of advice that a newbie entrepreneur can ever get, because having a plan plays a crucial role in every kind of business. But sadly, not every newbie entrepreneur realizes the significance of a well written plan and hence tends to ignore this well meaning advice. Here are 3 great reasons why a business plan is essential for…
Okay so, since I am a former entrepreneur and run a think tank, I get the privilege, or some might say the burdensome task, of reading countless business plans. Now then, let me tell you something; most people cannot write decent plan for a new start-up business to save their rear end, you’d be surprised, even those with MBAs from some of the best schools in the country are dismal at it. Of course, your average creative genius entrepreneur is probably worse.
Over and over again, in Elevator Pitches, you can hear consultants talk about being “in it for the long haul” for their clients. For many clients, that’s music to their ears. It’s just what they need. If you’re a Small Business Owner or a Bootstrapper, the “long haul” can be more like the music you hear in a horror movie.
What is a Virtual Assistant and more importantly what do they do? This is a question Virtual Assistants get asked all the time. It could be seen as a strange question to ask, but in truth it is probably one of the most important questions anyone can ask a small business owner that specialises in being a Virtual Assistant.
Starting a business can be an ominous task. You want it to be huge. Despite popular belief, however, you don’t have to start big to be big.
Business planning is usually thought of as a boring exercise to get a bank loan. Business planning done right is how entrepreneurs build their playbook for future success. Great business planning has five key steps to take you from why you started your business to the specific steps to execute to make your business happen.