Category Wealth Building Strategies

Dec 2 2015

Use These 24 Tools to Run Your Business From Anywhere in the World

Nearly a quarter, 23 percent, of Americans worked from home in 2014, according to a recent Bureau of Labor Statistics survey. If you’re one of the lucky few that enjoys the ability to work from anywhere you like, the following tools will help keep you productive — no matter where you are:

1. Basecamp

Even on the road, you need to connect with your staff. Basecamp allows you to manage projects, communicate with your team and stay on top of who’s assigned to what tasks. Never be out of touch, no matter where you are. Continue reading →

Nov 25 2015

How Listening to Your Gut Can Make You a Better Founder

Join us at Entrepreneur magazine’s Growth Conference, Dec. 15 in Long Beach, Calif. for a day of fresh ideas, business mentoring and networking. Register here for exclusive pricing, available only for a limited time.

Being a founder of a company is a tricky career path. Unlike the typical corporate-ladder structure, there is no roadmap telling you how to run a company. But as the founder of Leadnomics, digital-marketing agency, I have learned that when the path is unknown, it is important to listen to your instincts.

Follow this checklist to use your gut and become a better founder:

Related: Know When to Trust Your Gut

Burn your security blankets.

 

Continue reading →

Nov 23 2015

Twelve Ways to Boost Your Return on Employee Benefits

A few months ago, I discussed how to communicate your total rewards package to your employees to ensure they were aware of all of the great benefits offered by the company. If you aren’t familiar with total rewards packages, you may want to start there. This post will delve deeper into the methods you can use to boost your return on your total rewards package—the collective elements of compensation, benefits, work-life balance, performance and recognition, and development and career opportunities.

Continue reading →

Nov 19 2015

5 Traits That Distinguish Serial Entrepreneurs

Entrepreneurs are a rarity. Just over 1-in-10 adults within the U.S.. engage in entrepreneurial activities.

That low number is not a surprise in light of the complex array of challenges that entrepreneurs face. According to a joint study last year by the University of Michigan and Stanford University, more than 70 percent of entrepreneurs who launch a failed venture do not try again. The vast majority of entrepreneurs researched adopted a “one-and-done” mentality in the face of failure.

However, the same study identified an elite subset of entrepreneurs — serial entrepreneurs — comprising 29 percent of those researched who went on to launch other ventures with great success.

Marc Preston is just such an entrepreneur.

He’s had dozens of money-making ventures over the past two decades and seven stand-alone companies ranging from web design, mobile apps, hardware and software development to retail storefronts.

Continue reading →

Nov 19 2015

‘Accidental Entrepreneurs’ — When a Personal Mission Morphs into a Big Business

Some of the most successful and inspirational entrepreneurs never set out with the goal of running a large company or employing scores of people. Many are simply men and women motivated to develop solutions to a problem they’re facing.

Related: Need a Business Idea? Here are 55

Then they discover that they’re not the only ones with that need — and, lo, a successful business is born.

Sometimes dubbed “accidental entrepreneurs,” these business owners have other names, as well. The Ewing Marion Kauffman Foundation, for instance, calls them “user entrepreneurs” in its research, which has found that this group has launched more than 46 percent of startups lasting five or more years — even though they’re responsible for just 10.7 percent of U.S. startups overall.

That’s an impressive success rate.

Continue reading →

Nov 16 2015

The Most Important 20 Minutes of the Day

What are the most important moments of the day? The 20 minutes you commit to planning.

You’re thinking, Planning? Yuck.

I know for some people it’s a dreaded word, but don’t worry. I’m not talking about writing a business plan or setting annual goals. I’m simply talking about dedicating 20 minutes to prioritizing and organizing your day.

The 20 minutes you spend today can save hours tomorrow and turn a good day into a great day.

Continue reading →

Oct 6 2015

6 Things First-Time Entrepreneurs Need to Do Next

stepSo, you had a great idea that you managed to turn into a business. You have a few partners-in-crime, your product has launched and maybe you even raised some money. But now what?

If you are starting your first business, you may feel a little lost when it comes to maintaining your personal drive and helping your company gain momentum. Here are six lifesaving tips to give you some direction and inspire you to move your big dream forward.

Continue reading →

Oct 6 2015

Warren Buffett Tells You How to Turn $40 Into $10 Million

By Patrick Morris

Warren Buffett is perhaps the greatest investor of all time, and he has a simple solution that could help an individual turn $40 into $10 million.

A few years ago, Berkshire Hathaway CEO and Chairman Warren Buffett spoke about one of his favorite companies, Coca-Cola, and how after dividends, stock splits, and patient reinvestment, someone who bought just $40 worth of the company’s stock when it went public in 1919 would now have more than $5 million.


Source: Coca-Cola.

Continue reading →

Apr 7 2011

Four Tips for Raising Your Google Rank

A rundown of need-to-know basics for improving search-engine results.

To increase your visibility and authority on the web, you need some knowledge of Google rankings. Learning how Google’s ranking system works can help you make important changes that can move your website up the ranking ladder. What follows is a quick primer on need-to-know basics for improving your site’s                                                                                              Google ranking. Continue reading →

Mar 15 2011

6 Sure Ways to Increase Sales

Shift Your Sales Focus for Increased Sales

Want to increase sales dramatically? Then shift your sales focus from attracting new customers to enticing your proven customers to buy again. The best sales prospect is a prospect that’s already converted – in other words, one of your current customers.

Think of it this way; if your business is located in a small town with a population of 1000 people and you sell a sprocket to everyone in that town, man, woman, and child, you’ve sold 1000 sprockets – and saturated your market. Your sprocket selling days are over. Is it time to pack up and move on?

No! If you start focusing your sales efforts on your proven customers, you’ll be able to increase your sprocket sales

Continue reading →