Embarking on the path of entrepreneurship is an exciting and life-changing venture. It’s a journey filled with opportunities, obstacles, learning curves, and unparalleled personal growth. Whether you’re nurturing a long-held dream or have fresh inspiration, setting up a business demands passion, determination, and a wealth of practical knowledge. In the following article, I will share […]
10 Tips for Starting Your Own Business Read More »
Embarking on the journey of entrepreneurship can be both exciting and challenging. One of the crucial first steps in this voyage is creating a detailed blueprint that maps out your vision, goals, and strategies. This comprehensive document, often called a ‘business plan,’ can help transform your ideas into a viable venture. This article will help
How To Write a Business Plan To Start Your Own Business Read More »
Navigating the small business valuation and investment world can often be a complex endeavor, filled with various numbers, ratios, and valuation methodologies. However, some time-tested strategies can simplify this process and increase your chances of finding a worthy investment or understanding the value of your own company. One such approach draws inspiration from a man
Value a Small Business like Warren Buffett Read More »
Imagine stepping off the well-trodden path to embark on an uncertain journey, fueled by nothing more than curiosity and intuition. Consider a decision that defies societal expectations, like leaving a prestigious college midway, but first exploring classes that truly capture your interest before dropping out. Picture the audacity it takes to believe that this might
Why I Dropped Out of College: Steve Jobs Read More »
I. Introduction The Master of Business Administration, or MBA, is a postgraduate degree focused on providing students with a comprehensive understanding of business management practices. Proper educational credentials can provide a significant advantage in today’s rapidly evolving business landscape. Among academic credentials, the Master of Business Administration (MBA) holds a distinctive position. The MBA degree
What Is an MBA Degree? (What You Learn & Why Employers Hire MBA Grads) Read More »
“And the great useful model, after compound interest, is the elementary math of permutations and combinations.” – Charlie Munger. What did Munger mean by this quote? Permutations and Combinations Charlie Munger, the long-term business partner of Warren Buffett at Berkshire Hathaway, is known for his emphasis on mental models—frameworks for understanding and interpreting the world.
Permutations, Combinations & Probability (16 Word Problems) Read More »
The concept of a blue-collar millionaire refers to individuals who achieve financial success by starting and growing businesses in trades or industries traditionally classified as blue-collar. These businesses often involve manual labor and specialized skills. The allure of starting a blue-collar business lies in the potential for high demand, the opportunity to build a solid
10 Best Blue Collar Millionaire Businesses to Start in 2023 Read More »
As a life-long entrepreneur, I can’t help but admire the individuals who transformed their dreams into reality. They’ve inspired countless others to pursue their passions and build successful businesses. These are the most educational quotes from the entrepreneurs who built the best products, services, and businesses over the past 50 years. This blog post will
50 Entrepreneurs Share Priceless Advice Read More »
Imagine investing your time, money, and effort into building a business, only to watch it crumble within a few years. Unfortunately, this harsh reality affects approximately 50% of new businesses. Understanding the reasons behind these failures is crucial to increase the odds of success. This article aims to help entrepreneurs recognize and address the factors
Why 50% Of Businesses Fail: Decoding Business Failure Read More »
The business world moves at a breakneck pace, with some industries experiencing rapid growth and others struggling to stay afloat. Amidst the chaos, some businesses withstand the test of time and continue to thrive despite changing market conditions. This article delves into the world of evergreen businesses that maintain their relevance and profitability through thick
10 Businesses That Will Never Fail Read More »
