There is no statement as important as Cash is King for a business. Without a positive cash flow no business can survive for very long.
“Mapping the Path” means going from point A (starting) to point B (business fruition). Doing so requires you to “Determine Your Objective(s)”, set out a “Plan of Action” to accomplish the objective(s), and Change Management.
This is the second in a series of articles designed to help Entrepreneur’s understand the dynamics of starting and owning a business. Thinking Through Your Idea the Right Way – prior to creating a business plan In the first article of this series, we learned about the mindset usually needed to become a successful business […]
This is the first in a series of articles designed to help Entrepreneur’s understand the dynamics of starting and owning a business. Determining your level of potential to be a business owner. 1. The first question you must ask yourself is “What are my passions in life?” Are you following your passions in life or […]
The desire to start your own business comes with inherent emotions.The high points of the rollercoaster are what an entrepreneur lives for. The feeling of that first client, first sale, first payment, and seeing the light at the end of the tunnel is absolutely fantastic. Dealing with the negative emotions is far more difficult, because negative emotions can be paralyzing or destructive to your start up.