In our experience, your age has a big effect on your attitude towards your business and how you feel about one day getting out. Here’s what we have found: Business owners between 25 and 46 years old Twenty- and thirty-something business owners grew up in an age where…

To grow a valuable business — one you can sell — you need to set up your company so that it is no longer reliant on you. This can be easier said than done, especially when, like a PR consultant or plumber, what you are selling is your expertise. To…

A while ago my colleague John was speaking with a successful CEO in his fifties who runs a heating and air conditioning company generating eight million dollars in revenue and over one million dollars in profit before tax. Even though he was tired and nearing burnout, he was planning…

Here’s a quick checklist post of things to make sure you don’t miss when launching a new brand. Of course even before the brand launch you need to do a couple of things, including… Think about and research terms that your target market use. Sure, the brand name can be…

I love entrepreneurship. It isn’t for everyone, and yes it is risky (though there are some things you can do to minimize startup risk), but there are also a lot of benefits to running your own business. Maybe you realize that a large percentage of American millionaires are small business…

Very few startups are overnight successes. In fact the “overnight successes” that you can think of right now probably took years to hit that “overnight” point. It takes time to get a new venture off the ground. And during that initial period of time (which can very realistically be measured…

I hear continued frustration from founders who are trying to raise funds. Sure, the media loves to talk about the companies that are getting funded, but in reality those popular companies have always been a very small percentage of the companies that are actively fundraising. Many thousands are having a…

Have you automated your social media marketing? It’s a work-in-progress still for me as I experiment and learn new things, especially over at the MaximizeYourMoney Financial Coaching site. The social media marketing challenge Honestly, a lot of marketing really isn’t rocket science. Yes, it definitely takes some thought, and oftentimes some creativity, but once messages…

When we first got married, we weren’t great with money. Thankfully we were always able to pay our bills — which helped us ignore just how bad we were. Carrying a credit card balance seemed normal. The car payment was an accepted part of life. We had no plan. No…