Category: Entrepreneurs

POM026: Overcoming Top Personal Finance Issues with Bola Sokunbi

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In this episode, Bola takes us through the top personal finance issues concerning women and how to overcome them. We also discuss creating a plan to transition to full-time entrepreneurship.   Bola Sokunbi Bola is a Certified Financial Education Instructor (CFEI), finance expert, writer, business strategist, social media influencer and founder of Clever Girl Finance, a platform that empowers and educates women to make the best financial decisions for their…

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Your Business Idea Doesn’t Need to Be The New Facebook

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You don’t need to be the next Facebook, Twitter, Google or any other household name company that readily comes to mind.   I often hear people say they don’t know what to do because it seems like everything has been done. Or they came up with an idea, but someone else is already doing something similar.   Here’s the deal. If someone else is making money doing something similar, then…

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Are My Prices Too High?

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Have you gotten questions similar to “You charge for that? Why are your prices so high? Do you have a discount?” We’ve all gotten those questions or a similar question. You know your product or service is good. You’ve seen the positive impact on people who’ve bought or used it. So why are people asking you these questions? You’re frustrated and wondering what to do about it. Should you lower…

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Prepare Your Business for Your Vacation

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As a solopreneur or small business owner, you’re likely still a major component in the day to day tasks of your business. You may be wondering what are some key items to prepare your business for your vacation, your time away. You want to be fully present during the time out of the office and not thinking about tasks or potential problems that can arise. Check out these five key…

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5 Items for Your Business Financial Mid-Year Checkup

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  Entrepreneurs, over six months of the year is gone. Now is the time for a financial mid-year checkup. You’ve been paying expenses and earning revenue for the first six months of the year, so how will have you done? Are you on track to reach your goals? Do you need to tweak the strategy for the rest of the year? It’s time to assess the game plan for the…

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Track these 5 Tax Deductible Items All Year

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If you’re an employed entrepreneur or self-employed you’re likely giving too much money to taxes. You likely should be writing off a lot more stuff. I didn’t realize the amount of things I could write off for tax deductions. No seriously, you need to be tracking these things and making sure you hand over the numbers to your accountant or tax preparer. It goes way beyond mileage and charitable contributions.…

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Making the Most of My Side Hustle Money

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  Starting a side hustle instead of simply obtaining a second job is growing in popularity, and it’s not only millenials. According to the Kauffman Foundation Report: 2015 Kauffman Index Startup Activity, people 65-74 years old make up 25.8% of new entrepreneurs. Most begin a side hustle to get extra money or with the aim of turning it into a small business. However, are you making the most of your…

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Turning a Side Hustle into a Small Business

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Side hustles are great when you’re simply supplementing your income from a job. However, when you realize you have the potential to make more and do more in your side hustle than you ever could working for someone else, and you can live for more than the weekend … then it’s time to turn your side hustle into a small business.   If your hate of the commute, office politics, and…

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How Webinars are Hindering Your Business Progress

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  Everyone exclaims how webinars are great for business. As an entrepreneur, you’ve likely seen so many experts offering them. If you’re a recent or aspiring entrepreneur, they all look so good, don’t they? You want to learn from all these experts. The struggle is real. Balancing learning, implementing, and operations can be difficult. You should always be learning more about your industry and business in general. You should always…

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How the Recent Entrepreneur Survives to Profitability

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Entrepreneurship is on the rise. According to the Kauffman Foundation report, the entrepreneurship activity has had the greatest increase in the last twenty years. More individuals are taking advantage of opportunity to start their own businesses. The reasons vary. However, a common theme is financial freedom and time freedom. The era of working thirty years for the same company to ensure one’s financial security is done.   People are taking…

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