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Tag Archives: cliff ennico

Dealing with fear in a startup business

By Cliff Ennico “I was laid off from a corporate job a couple of years ago. “I tried finding another job but there was nothing out there for someone over the age of 50. “A few months ago I learned about a local retail business that was for sale. With the help of a business […]

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Royalty financing: The new, new thing in venture capital

By Cliff Ennico “I have a successful retail business that I want to take online with a killer website and a social media marketing campaign on Facebook and Twitter. “The problem, of course, is money. I need to raise $100,000 to build the website and launch the campaign, but am having trouble finding the money. […]

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Delegating the Right Way (Part 2 of 2)

By Cliff Ennico (Part One is here.) Once you have made up your mind that it’s time to start delegating to other people and growing your business, and decided upon what to delegate, only three questions remain: To whom do you delegate? How do you delegate? How do you avoid losing control of your business? […]

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Delegating the Right Way (Part 1)

By Cliff Ennico One of the hardest things a company founder, entrepreneur, or self-employed professional can do is get out of their own way and allow their businesses to grow without them. And there is one and only one way to do that – delegating to others. No one individual can build a billion-dollar business […]

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The correct way to structure a ‘holdback’

By Cliff Ennico “I am in the process of buying a small business. “There are some issues with this business, and I asked the seller if we could hold back ten percent (10 percent) of the purchase price for a year to see how things went. “The seller said he was agreeable, but in reviewing […]

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4 Millennial Misconceptions about Entrepreneurship

By Cliff Ennico ’Tis business plan competition season once again. This time of year I spend lots of time traveling around the country judging business plan competitions at colleges and universities. The participants are either undergraduate or business school students who form “teams” and compete for cash prizes or (sometimes) face time with me and […]

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Surviving your next networking group meeting

By Cliff Ennico I don’t know about you, but I find most networking groups to be exceedingly boring, nonproductive and in some cases cringe-inducing. I’m not generally a fan of networking groups. I’m not sure people get much new business out of them. Still, networking groups have their upside. They can be great places to […]

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Homer’s Iliad and Understanding the Obamacare Debacle

By Cliff Ennico Anyone trying to figure out the mood of the American voter right now is bound to be scratching their heads. Last November, the voters threw Republicans into Congress and the White House in almost record numbers, with a mandate to slash Government spending, end Obamacare, and enact massive tax cuts. Straightforward enough, […]

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A legal checklist for a retail website

By Cliff Ennico “I’m planning to set up a fashion accessories website. “I think I will be selling mostly on Amazon, eBay and other online platforms, but after watching your YouTube video ‘Doing Business on the Internet,’ I realize it’s going to be tough to build a distinctive brand without my own website. “What are […]

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The problem buying a business with an eBay, Amazon, or Etsy account

By Cliff Ennico It’s no secret that selling merchandise on eBay, Amazon, Etsy, and other online e-commerce platforms is big business: The number of people worldwide making a full- or part-time income on eBay has been estimated at between eight and 12 million, More than 100,000 third-party sellers on Amazon are estimated to have made […]

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