by On my apps, many people ask “how much money do I need to start a small business?” and, of course, the answer is that it depends on many factors. So instead of providing some high-level answer that would not be too helpful, I’ll try to explain how to calculate the cost of starting your…
by While this may be a rather fundamental question to most people, there are many young people and first-time entrepreneurs who ask whether they need a college degree to start a business. The question has two answers. There is a quick answer which can be answered with a yes or a no, and there is…
by This is a common scenario and many people ask me what to do if their family does not initially support their business ideas. Most entrepreneurs are very excited about their business. Most of the time they are a bit too excited and optimistic. That is often the result of daydreaming about your business. But…
by There is a lot of confusion about revenue models. They often get mixed with the term business model. A business model is something greater. A business model takes into account all your finances, how you get customers, and the revenue streams that the business has. And the revenue model is just a part of…
by Of course, every business has to find the kind of a business model that works best in their market and business environment. But the reason I take such a strong position and say that overall, the freemium business model is best is that it is so prevalent in absolutely everything we do. In this…
by This article will cover a few different scenarios when bad or negative attitude damages your business. The common cases where negative or bad attitudes hurt your business are high ego, convincing yourself of reasons not to start the business or being defeatist, and not being able to work well with people. by
by After seeing well over 100,000 entrepreneurs on my business plan app I want to share some observations about the common business psychology issues related to starting and building a business that I have been observing. In this article I share business psychology ideas, tips and strategies for dealing with various nuances that come up when…