Tag Archive: business planning

Family Businesses and Succession Statistics

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I recently read two amazing articles on family businesses, and more specifically family business succession planning.  Both provided amazing statistics that I felt that I had to share since I know quite a few of my readers are business owners.  The take away from both stories that it is simply irresponsible if you have a…

What Do Venture Capital Firms Know That The General Public Does Not?

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The answer is probably, a lot.  That being said, the Wall Street Journal released the top 50 Venture-Backed Companies while you can read more about the methodology the list basically, seeks to pinpoint the 50 U.S. venture-backed companies with the greatest promise to succeed. To be eligible, companies must have received an equity round of…

Stop Making Excuses Creating a Second Stream of Income Is Not Difficult

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I think the amazing thing about blogging is being able to connect to people that you would likely never have a conversation with, but because you share a common interest you get involved in their life.  Sometimes it is a one way street, which is fine.  There is this great blogger who goes by the…

There’s No Perfect Time to Be Entrepreneurial

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This guest post is by Mr. Broke Professional: the husband in the husband/wife team behind Brokeprofessionals.com. When you tell friends or family that you want to start your own business, you will likely hear one of two responses. Response A: “You can’t do that!  You’re too young!  You need to keep working for your employer…

Using Your 401(k) to Start a Business

I recently read a fantastic article highlighting how to start a business using your 401(k) titled, “Rolling Over, Starting Up” in Financial Advisor Magazine.   The Author, Alan Lavine, goes through the technique known as Roll-Over as a Business Start up (ROBS).  How Do You Use Your 401(K) To Start a Business? Borrowing from a 401(k)…

Get off Your Ass and Follow Through with your Business Idea

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I have this buddy who sat me down over a “couple” drinks and told me about this really cool product he wanted to create.  I loved the idea.  So instead of just letting this one go I went online and found all the supplies we would need from China.  We could made a bunch (way…