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Monthly Archive: February 2011
Being self-employed is fabulous – and fabulously overwhelming! When my business started gaining momentum, I quickly realized there was far too much for me to do on my own. Sleeping suddenly became a thing of the past and I struggled to keep up with the day to day operations while pushing growth forward. With a minimal start-up budget, I needed to think quickly; calling on my nearly 10 years of HR experience, I decided to launch a search for help … and took a chance on the ubiquitous intern, they’re everywhere – literally.
A decision to develop multiple income streams is often the start of profitable companies. Learning to take a calculated chance to fetch a profit is one of the best decisions an entrepreneur can make. Often, if you are looking for a way to build secondary income you don’t have to look that far – it may be a play date away … a pet play date that is.
What’s on your mind? Money most likely. Or maybe it’s “How am I going to fill that order for the new client I just landed?” Handling your small business’ legal affairs is probably not in the forefront of your mind. When you start a new business the concerns of obtaining clients and creating revenue take over but it is also very important to make sure your legal needs are covered. Why?
Running a business is as much about delegation as it is about doing things yourself. Why? Because you have to let go to grow. Every time in my career that I’ve reached a point of expertise and competency, I’ve taught others to do the work and moved on to bigger and better things. And every time I did this, I reached places I never dreamed I would go. However, I also found myself asking the same questions.
The cost of doing business isn’t cheap. One of the primary challenges for entrepreneurs is the effective management of cash flow. Small businesses generally lack the asset requirements necessary to qualify for bank loans. It is no surprise that small business lending isn’t what it used to be.
We’ve all been there. Every successful entrepreneur has at one point or another felt like throwing in the towel, calling it quits and taking the path of least resistance. For some it was a mere thought and for others it appeared to be an all too near reality. Anyone who tells you differently has not built a successful and profitable business – period.
An estimated 20 million people visit online dating sites at least once a month and some visit more than one site. Most people are familiar with Match.com, Yahoo Personals, EHarmony.com and other dating sites that claim love is one click away. A growing market of individuals looking to market their single-dom set the stage for a business opportunity with a more personalized approach.
Products, marketing and clients are all business buzz words we know well. You have a great product? Check. You’ve implemented a catchy marketing plan? Good. Now you’re ready to line-up clients? Great! Time to go full steam ahead, right? Not yet!
Several years ago Maddie Bradshaw hit the one million dollar mark by turning a hobby she loved into a profitable company with sales reaching 50,000 units per month.