Entrepreneurship
Is Entrepreneurship The Right Career Path For You
The choices we make and the habits we build will shape and define our life’s path. However, making a decision is not an easy process. To make the right decision that truly resonates with you as a person, it takes a lot of courage and self-reflection. Deciding what you are going to be in...
What makes a good sales “closer?”
There are quite a few things I teach sales people, because most “sales” people are not selling anything. They are collecting leads and spamming people – neither of which will ever lead to a closed sale. The key factors needed to close a sale: You have to identify who your prospects are. And no, if...
The Power of “Creative Destruction” in Entrepreneurship
The concept of creative destruction originates as early as the era of Karl Max ( Das Kapital, 1863) and Nikolai Kondratiev (The Major Economic cycles, 1925). These concepts were later refined by an Austrian economist, Joseph Schumpeter, who in 1942 wrote a book named “Capitalism, Socialism, and Democracy.” In his book he wrote: “Capitalism is...
How to boost your sales with social prospecting.
Nowadays, many companies rely on social prospecting as a way to boost their sales and get new clients. In the past, prospecting was seen as an ineffective marketing approach and avoided by marketing experts simply because it looked “spammy.” Many marketers nowadays claim that social media prospecting is not effective. This claim is far away...
How can I become rich without money to invest?
Sales. Sales is the highest paid profession on the planet. You just need to sell something you believe in, sell something that gives solid monthly recurring payments, and sell something most people need. The power of modern-day affilate programs are unbelievable, and everyone has the potential of using them to make money. And if you...
Six of the Best Work From Home Jobs
We live in a world that provides many opportunities for remote work. The digital economy made the business world smaller and opened doors to many young professionals. Nowadays, it’s easy to find a job online because platforms like Upwork, Jobrack, Smartr, and Craigslist offer many opportunities to freelancers and businesses to get to the right...
The Entrepreneur’s Mantra
Starting your own business is like raising a child. First, you have to invest yourself, your time, your undivided attention, and all of your money. You must take care of it, while expecting nothing in return. But when it starts to blossom, it makes all the patience and hard work worthwhile. It’s the same in...
3 Books That Every Entrepreneur Must Read
“Whenever you read a good book, somewhere in the world a door opens to allow in more light.” – Vera Nazarian. This is the ultimate truth, especially for young entrepreneurs. If you want to be successful at what you do, you need to feed your brain with new ideas constantly. We are not talking about...
Sales 101: Compounding Efforts Consistently
We all know what compound interest is, right? It’s when you add up all of the interest you have made on your investments, time and time again – which can ultimately show you substantial growth. This is why we tell our children they should start saving cash as soon as they can, rather than trying...
Cash Flow – Why so Important?
There are over 29 million small businesses in the United States making up 99.7% of all businesses. One third of those will fail within 2 years of starting with only 50% surviving the five year mark. 82% of those small business failures are due to cash flow issues. That’s a staggering number to consider for...
How are Award Ceremonies Important to a Company?
There are many moments in our life when we look for a third-party endorsement… including when we must buy something that we haven’t tried before. For example, an award from TripAdvisor can have a very positive impact on a restaurant or hotel, ultimately leading to them getting more sales. It’s important for every organization, in...
How to Talk to Your Partner about Money
Even with the best communicators and the most loving relationship, talking about the budget, bills, spending, and big purchases more often than not can quickly transform a simple statement taken the wrong way into a Titanic-sized disaster. It’s no wonder why money is the number one underlying root of most arguments between couples. Even in...