Category: Uncategorized
How to start a business while working full time
You do not need to quit your job. Yet. Money and time are your most important assets. You need to free as much of each of these things up as you can in order to invest them in your new (side) business. Lean out. Bank your money. Sell your expensive cars. Don’t buy the overpriced […]
Read More ...How to make customer service one of your competitive avantages
Customer service is a weak point of most service based businesses. Missed calls. Grumpy overworked employees or owners. Chain smoking unkept technicians. Unreliable. Over promising. Disappointing. Just answering the phone puts you ahead of most of your competitors in this space. But you can take it a step further and keep customers from even considering […]
Read More ...Think like an entrepreneur at work
Who is your boss? Who manages your branch? Who oversees your region? Who owns the small business you work for? Who is the most valuable person at your company or in your circle? If you could chose to be complimented by one person at your office who would it be? Think about that person. You […]
Read More ...People do business with people they like
Its easy to forget that doing business is very much an emotional decision. People are way more likely to buy something from somebody or hire someone who they get a good feeling from. Don’t be a robot. Personalize your website. Personalize your emails. Make people read the “about us” section of your website and begin […]
Read More ...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 ...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 […]
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