Persistence. We all admire it and without a doubt, it is one of the biggest attributes a small business owner needs to achieve success. However, sticking with a failed strategy too long can cause your entire venture to fail. So the question small business owners are always asking themselves is this: Should I give up […]
With all the means of communication today, there are many different ways to network, but who should you include in your network? I’m not going to get into your network of prospects. That’s different for every business. I want you to have a network that supports your business – a network where you can get […]
No one truly knows the exact amount they’ll need to start a business. In fact, it usually costs at least twice as much as think. That being said most small businesses start with less than $10,000 in capital. Those funds primarily come from personal assets, credit card debt, and/or family and friends who are willing […]
Fifty years ago, the U.S. Congress did something smart for America (yes, it does happen sometimes). It authorized the creation of a volunteer organization called S.C.O.R.E. (the letters initially stood for “Service Corps of Retired Executives”) under the umbrella of the U.S. Small Business Administration. The idea was that struggling small business owners needed information, […]
Incubators. They aren’t just for poultry anymore. According to the National Business Incubation Association, there are more than 1,200 incubators in the U.S. and some 7,000 around the world. Back in 1980, there were only 12 incubators, so the phenomenon is certainly growing. One type of incubator is sponsored by a university and for the […]