Articles
The 80/20 principle – how to find your wheelhouse and multiply your results
The 80/20 principle is my favorite and the most important principle to understand in life and in entrepreneurship. Its says that 80% of your results come from 20% of your efforts. 80% of your stress comes from 20% of your environment. 80% of your joy comes from 20% of your activities. You name the result. […]
Read More ...Don’t partner with someone who is broke
The way people treat their money is one of the most important traits in entrepreneurship. Frugality wins because every dollar you save personally and invest in the company the right way becomes three dollars a few years later. Having cash reserves because you live in a responsible way allows the company to survive when the […]
Read More ...Rentable moving boxes
I have a job that pays me well but I hate it. I think there is a real demand for rentable moving boxes in my town. If I can capture just 1% of the people who move every year in my city I’d be profitable. Should I quit my job to pursue this startup? I […]
Read More ...My biggest client just left me
20% of my business out the door. I’m scrambling. I’m stressed. What do I do? Nick’s answer: You may be expecting a lot of motivation here. A lot of encouraging words. Keep going. Keep trying. Stay determined and you can do it. Be weary of this advice. As a manager – you’ll try to work […]
Read More ...How much money do you need?
There are only three levels of wealth in this world and beyond that money doesn’t matter. The first is being able to feed your family, pay your mortgage and not stress about going into debt. The second is going to a restaurant and not worrying about what restaurant it is or the prices prices and […]
Read More ...Get notified of new courses
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