Imagine piloting an airplane: you taxi to the runway, prepare for takeoff, and as you’re rapidly speeding up to get airborne you notice a construction crew frantically working to build out the rest of the runway.
This just about sums up the financial stress of being an entrepreneur. While a certain amount of discomfort is just part of the lifestyle, being able to answer these key questions should help you sleep soundly at night.
The restaurant industry is a world of its own where “two-tops,” “ramekins,” “food runners,” and “20-minute splits” are common terms. Having spent ten years in the service industry, first in high school, and later putting myself through college, I have a strong respect for restaurant servers (waiters). There are some valuable lessons I learned in [...]
The following answers are provided by The Young Entrepreneur Council (YEC), an invite-only organization comprised of the world’s most promising young entrepreneurs.
Don’t get so wrapped up in work that you forget to stay up with the current events of the business world! Amid all of the chaos, grab a cup of Joe and take a short reading break.
Starting up a business requires a diversity of assets. First-time entrepreneurs often feel anxious when they think about all the factors that must play a role if their ideas are ever to get off the ground. In their minds, success or failure seems to hinge upon finding deep-pockets funders, expert mentors, willing publicizers and other [...]
Here are three things that will motivate you to be an entrepreneur at any age.
Let’s talk about the big marketing question: What market intelligence do you have in hand to ensure a successful (and prosperous) launch to the market?
Filing for a ‘Doing Business As’ name is usually nowhere near the top of a small business owner’s to-do list. It costs money, requires you to fill out paperwork and, depending on where you do business, might mean running an announcement in a local paper for a few weeks. Many people just put it off, [...]
In many respects, software is like a baby. It starts off with an idea, you think through whether it is worth indulging your idea, then you plan your idea, and execute. Software often has a much longer gestation period than nine months though. Once the finished product enters the world there is much joy and [...]
I made my way from Chicago down to Augusta, Georgia to check out a practice round of this year’s golf Masters, “A Tradition Unlike Any Other”. This April tradition, despite it’s old school rules it is the most innovative sporting event in the world. I figure as long as I’m hanging out down here at [...]