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…
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.…
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…
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…
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…
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…
There are lessons available from all types of experiences. I dislike moving with a passion, but always learn something from the experience. When I moved last year, I learned quite a bit of how to smooth the process, see those lessons here. This time I learned some great entrepreneurial lessons. 1) Double the tasks you plan to complete. I knew that as I moved my internet would be…
For me, they’ve got it wrong. Most of the time, coaches, consultants and other entrepreneurs who teach on building a business to escape the cubicle brag about how they can travel and how often. I was looking at some sites and just started feeling like seriously?! All the pictures of them riding a camel in some foreign desert. Or backpacking in some foreign rainforest. Or bragging about sleeping in a new…
As an entrepreneur, I need a home and mobile office. When I first started, I figured it would be a piece of cake, after all, I mostly studied at home during graduate school. When I went to the library or another external study space, I was mobile. I figured this wouldn’t be much different. However, having a home office or a mobile office takes a special kind of organization…
Imagine you’ve been working very hard on a project or business in order to make a difference and earn more money (professionals stick with me, the lesson is for you too). You’ve put in years of work, blood, sweat, and tears. You just made a move that has made you millions and will continue to make millions more and … you’re not happy. I just read an article about…
