Too many business owners operate their businesses in a reactive way. They allow others to control their schedule and time. Paying themselves a fair salary or strategically building cash buffers are far from their minds. They also tend to pour available cash back into...
I never wanted to own my own business. I’d been asked by someone I worked with years earlier, “Wouldn’t you ever like to own your own business one day?” My response was, “No, my parents were small business owners and they didn’t really have much balance in their...
The traditional and popular way to evaluate businesses (large and small) is based on revenue. Your industry may have other specific metrics that it throws around, but revenue is typically the most popular metric. You might get asked, “What’s your revenue?” Or other...
Managing your finances is about mindset as much as it is about knowledge. It’s really important for all of us to figure out ways of keeping negative mindsets like self-doubt in check, but it’s especially important for entrepreneurs. Negative thoughts can...
Congratulations—you’ve conquered your longstanding financial and professional goals at last. Maybe it hasn’t always been so easy or straightforward trying to reach this point, but those challenges along the way have made your success that much more satisfying....
