The formula is simple. Acquire an object or skill worth something. Find someone willing to purchase the object or skill for a value more than what you took to acquire. Complete the transaction. Do this repeatedly.
Best-of lists are not the simple celebrations they are laid to be. They are a path to almost guaranteed paid advertising and a low-level example of manipulative targeting to the mass.
There is a time to invest, a time to splurge, and a time to save from the returns from your business. Know when the time is right, and don't let other 'entrepreneurs' try to shame you into not putting money away into savings.
It's time to declutter your business. Whether it's a bloated menu, overflow of inventory, or just too many services you are willing to offer, if it does not bring you 'joy' (or significant profit), you should stop offering it.
Finding a mentor is challenging. Finding a good mentor is exceptionally challenging. Don’t let the fact this is hard work keep you from looking, and if you can’t find that right person in the flesh, there are plenty of people who wrote books and...
Being frugal is a key in ‘buy low, sell high,’ so do the best you can start on a frugal plan. And if you can maintain that plan well into business maturity, even better.
People will stick with a company longer and spend more money with them to reach the next milestone in a loyalty program. It makes people willingly play vanity against consumer business sense.
It is not about finding shortcuts or corners to cut. You should look for as many advantages to promote your business that will give you an edge that is ethical.
As a history buff, I know a lot about things that happened before I was born because someone took the time to document the events in hopes future generations can learn and grow. As a businessperson, be a student of other’s history of progress so that...
