What You Need To Know About Angel Investors
An Angel Investor is “smart money”, in that the Angels have expertise and connections that the fledgling business entity desperately needs.
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Money
Operating Leverage for Small Business: When You Should Use
What is operating leverage and why should you care? Ignoring the financial mumbo-jumbo, operating leverage represents how having debt can affect a company’s bottom line profit. In some cases, Operating leverage can improve a company’s profits and in others, it can destroy it.
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Video – The five things every business need to be successful
Every business needs five things to be successful. This video describes the five things every business needs to have to be a success in their order of importance.
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Epic Tax Code Changes to Increase Interest in Entrepreneurship
The changing landscape of the US tax code continues to create tailwinds for the business owner. Today, when it comes to earned income, the amount you make may matter less as compared to how you make it giving rise to more small businesses. With the massive surge toward small business ownership will be an increased need for qualified small business knowledge.
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Money Is A Powerful Emotional Appeal To Get Attention
Money is one of four very powerful emotional appeals. Discover how using money as an emotional appeal will cause people to unconsciously stop what they are doing and pay attention to your marketing message.
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Money Does Not Equal Job Satisfaction
The general narrative is that job satisfaction is tied directly to an employee’s earnings. In fact, many studies have shown that a person’s wage is not closely tied to a person’s job satisfaction levels at all. Growth, level of autonomousness, and connection to colleagues are considered to be the top three attributes of job satisfaction.
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Think Like an Entrepreneur
Most people think people become wealthy because they are lucky, had good fortune, or had some social advantage in life. They believe that everyone is their brother’s keeper and that the ones who are fortunate to have money should share it with the less fortunate. As I see it, we live in a free market
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The Rising Dollar
The US dollar continues to rise in value in relation to the Euro. A strong dollar makes products manufactured overseas cheaper to buy. While it may make buying a Mercedes cheaper and may make your international travel budget go further, these savings come at the expense of business revenue. On the flipside, goods and services
Money = Personal Freedom
What does personal freedom mean to you? I have often stated that most people are not really motivated by money itself. Rather, I say that money is just a means to achieve social and professional standing, also known as status. I would add to that idea that the accumulation of wealth, most often accomplished through
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Pleasure vs. Money Making Activities
Most people when not working are engaged in pleasure-focused activities such as watching TV. Many of my friends can tell you a baseball player’s batting average, can handicap college basketball teams during March Madness or can tell you the movies that featured any particular actor. Entrepreneurs are engaged in money-making activities. A love of real
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Money is for Spending vs. Investing
Most people believe that money is meant to be spent for articles of instant gratification as a reward for their efforts. These same people usually live beyond their means and fund their lifestyle with debt. They spend their leisure time in activities that have no real value, such as watching sports or reading novels. Entrepreneurs
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The Mind of the Entrepreneur Series
Everyone’s belief system is shaped by the company they keep. Entrepreneurs are no different in that regard. The differences in beliefs come from the village of advisers people use.For example, fat people who hang around other fat people will not be exposed to better eating habits, will be exposed to negative thinking about being overweight,
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Is Taxing The Rich Sound Economic Policy?
Taxing the rich reduces the relative incentives and encourages more coasters. In school, smarter people should not get a harder test simply by the virtue that they work harder than the slackers that do not study. We should reward people for risking their personal capital to start a business that creates employment. Rewarding lucky risk
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Why the Rich Get Richer
People at the top of the wage scale are mostly employed in “thought” oriented jobs. The productivity of thought oriented jobs has been increasing at a greater pace than the productivity of workers at the bottom of the wage scale, who are mostly employed in “manual labor” oriented jobs. With increasing productivity comes larger margins,
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