Author: Nick
The Pro Forma
A pro forma financial projection model is your best friend. Use Excel or Google Sheets to build out your models and do a lot of research on your industry standards and fill in blanks with actual expenses and revenue estimates per customer. Costs will vary at different customer levels so make educated (and research based) […]
Read More ...The upper body ripper
This is a workout I developed while in college and have found it to be an excellent way to quickly and efficiently build upper body definition and muscle. Make sure to accompany this workout with cardio on the other days of the week. No long breaks. No catching your breath. You go through each workout […]
Read More ...Expensive cities have the best opportunities
Expensive cities with high cost of living have amazing opportunities for service based entrepreneurs. NYC, DC, Boston, all of Cali, all of Canada, all of Europe. Anywhere where hourly labor is in low supply. Here is why: First of all there is a huge demand for services in expensive cities because people and companies are […]
Read More ...The only kind of goals that work
When you are starting a company time is of the essence. You need to learn and sell and get your service to market as fast as possible. Your opportunity cost is huge. You could be earning in the workforce or pursuing any number of opportunities. Its time to get uncomfortable. Its time to set goals. […]
Read More ...Simplify the job
I hear people say all the time that the key to success in entrepreneurship is finding great people. That if you can find people who care about your business like you do you will succeed. News flash. Nobody will care about your business like you do. Why would they? Stop looking for people like this […]
Read More ...Get comfortable in uncomfortable situations
“Life begins at the end of your comfort zone.” Neale Donald Walsch If its comfortable it probably isn’t getting you anywhere. Getting that safe job and going to that safe college and minimizing as much risk as possible is comfortable. But is that how you get ahead? Is that how you design your own lifestyle? […]
Read More ...Time is your most valuable asset
If you are exactly where you want to be in life then keep doing what you are doing. If you are on pace to accomplish your goals and you are happy with your life right now then this advice isn’t for you. But if you have a goal or would like to make a change […]
Read More ...Avoid the sunk cost fallacy
Just because you have invested time, money and energy in something does not mean you should continue. Humans are wired to consider the past when making decisions for the future. This leads us to a lot of bad decisions. This leads us to operate a business way past the point we should have pulled the […]
Read More ...Don’t let your emotions influence your decisions
Something bad just happened. Something went wrong. A problem. Most people just react. They go with their guts. Stop and think. Stop and think about how your emotions effect your decisions. Realize that between every event and your reaction there is a split second that you get to choose how you react. You get to […]
Read More ...Want to get involved?
I’m on a mission to help as many people as possible get away from the rat race. The 40 hours a week for the man with a commute each way to get there. I want more people to design their own lives. I want more people to give entrepreneurship a shot in the area with […]
Read More ...Get notified of new courses
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