• How to Choose a Business Partner
    Oct 17, 2019
    Evaluate based on skills and personality, not emotional ties. Then define roles and formalize the agreement with the help of a lawyer I was in the process of starting a business and got about halfway there when my business partner had a change of life and backed out. At a previous company I co-owned for 10 years, my business partner stole from me. Should I open my company alone, or is...
  • 10 Things You Can Learn From the Apple Store
    Oct 14, 2019
      My friend, Carmine Gallo, has written a book called The Apple Experience: Secrets to Building Insanely Great Customer Loyalty. The Apple Store is the most profitable retailer in America, generating an average of $5,600 per square foot and attracting more than 20,000 visitors a week. In the decade since Steve Jobs and former head of retail, Ron Johnson, decided to reimagine the retail...
  • Living in an Entrepreneur’s World: 7 Inspiring Lessons Learned From Madonna
    Oct 10, 2019
    While her music industry success is apparent, what is less obvious, are the valuable lessons entrepreneurs can learn from Madonna. Material Girl. Madge. Provocateur. Icon.  At the age of 56, and with the recent release of her 13th studio album, Rebel Heart, Madonna, has had many famous monikers, as well as her fair share of very public successes (introducing the world to the original pop...
  • Importance of Motivation and Goal Setting for Businesses
    Oct 07, 2019
    The importance of motivation and goal setting in business cannot be overstated. The setting of goals is important to guide the company and employees toward defined objectives. Motivation is important because it is the psychological catalyst employees and owners require to reach the goal. Without goal setting and the necessary motivation for goal attainment, businesses are without purpose or...
  • Tips on Talking to and Tapping Potential Investors
    Oct 02, 2019
    Debra Reisenthel, chief executive at Palo Alto Health Sciences, has been trying to raise money from investors for the last four months. The goal is to finance the development and production of a biofeedback device that measures carbon dioxide output and trains people to breathe in a way that helps them manage anxiety disorders. Along the way, Ms. Reisenthel said, she has learned some...
  • Why Self-Discipline Will Make You Unstoppable
    Sep 26, 2019
    In his book No B.S. Time Management for Entrepreneurs, business coach and consultant Dan Kennedy reveals the steps behind making the most of your frantic, time-pressured days so you can turn time into money. In this edited excerpt, the author describes the importance of self-discipline to the achievement of success.   On the morning of my mother’s funeral, I wrote the following paragraph...
  • 12 Surprising Signs You Could Be an Entrepreneur
    Sep 23, 2019
    Almost every article ever written about entrepreneurship suggests that it's not for everyone. And yet the articles go on to list attributes that many successful people possess as the traits commonly associated with great entrepreneurs, such as a strong work ethic, persistence, persuasiveness and discipline. For 25 years, I have studied entrepreneurs and discovered that what contributed to...
  • The Secrets of Personal Finance
    Sep 19, 2019
    I managed to totally screw things up for myself at the ages of 20, 22, 24, 29, 33, 37, and 40 so I decided to write everything I know about so-called “personal finance”. The words personal finance are a total scam but I’ll save that for another time. Let’s just say, this is about how to build wealth and preserve your wealth.  The things you need to know.  The first answer is:...
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