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Advice is cheap. As a new business owner, you don’t have to take any advice you hear, but failing to listen and learn from someone’s prior experience can cost you a fortune. As a long-time mentor and business advisor, I find it ironic that many look only to friends for advice. They forget that frie Read More

Most businesses spend big money testing their brand logo, catchy marketing phrases, and demographics, but spend little time training and validating that their employees can and do deliver memorable experiences to their customers. The result, according to an often-quoted Gallup survey, is 70 percent Read More

In case you haven’t noticed it, the rapid evolution of do-it-yourself (DIY) facilities for developers, including 3-D printers, SketchUp and makerspaces such as TechShop, have scaled down the cost of prototypes and hardware design by an order of magnitude. This movement, coupled with free websites a Read More

Becoming a successful online entrepreneur takes hard work, a good sales pipeline, and a commitment to developing the right habits.

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Self-employment seems challenging, but it is not impossible to succeed. Here are some things that can help you decide whether it is for you or not. Read More

As a business advisor, one of the most disheartening things I see in business today is a serious lack of engagement at all levels, consistent with Gallup’s most recent global engagement survey, finding only 13 percent of workers fully engaged in their job. I see people walking around every day like Read More

Running a cash business still has its benefits. It allows businesses to reach customers who don’t have access to credit or the devices needed to make mobile payments. It also allows you to avoid credit card fees and other expenses that go along with collecting various types of payments. If you’re i Read More

Interview with Dr. Sean Wise, a mentor capitalist, on entrepreneurship issues, such as knowing when to quit your day job to become a full-time entrepreneur. Read More

I’ve noticed entrepreneurs will see a big problem in the world and they’ll create a business to address the pain point and capitalize on it. Today’s guest says he explicitly did not do that. He put down a list of criteria for what he wanted in a business and started thinking of businesses that fit. Read More