POM039: Starting a Business by Bootstrapping Funding

 In this episode we’re going to talk about what you need to know if you plan on bootstrapping your business aka using your own money. We’ll discuss: five items needed when bootstrapping your business 3 common other options for funding tip for spreading your startup cash as far as it can go   Resources Mentioned: Idea to Startup in 30 Days Class Within 30 days I went from “I want to…

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POM033: How to Start a Business with Kevin Matthews

In this episode, Kevin Matthews explains how to start a business and avoid some common pitfalls. He goes through the major steps and reveals where you can find your first customers. We discuss: the steps to start a business how to maintain and grow your business where to find your first customers how to manage your time with a full-time job and a business   Kevin Matthews Kevin L. Matthews…

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POM029: 11 Business Mistakes to Leave in 2017

  In this episode I’m going to cover some business mistakes that we need to not carry over to the new year. Leave these in 2017 in order to grow your business. Is it a mistake to: chase the hot new trend hire help or contractors skimp on your website not have business social media profiles and seven more.   Resources Mentioned: Disclaimer: Some of the links below are affiliate…

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Are My Prices Too High?

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

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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Track these 5 Tax Deductible Items All Year

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

  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

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 the Recent Entrepreneur Survives to Profitability

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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How to Maximize Your Time to Grow Your Side Hustle

  As an “employed entrepreneur”, an entrepreneur who is currently also working for someone else, your time is even more limited. You have to find time outside of your full-time job to work on your business. Learning how to maximize your time to grow your side hustle or business is crucial. The more time you’re able to spend working on your business and serving others then the more your revenue…

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