Business Resources

Articles | Q&A | Blog Posts

Category Archives: Creating a Financial Model

Teaching Adam to Be an Entrepreneur

By | Business By The Book, Coming Up with an Idea, Creating a Financial Model, Education, Leadership, Ownership & Purpose, Starting a Part Time Business, Starting Up | No Comments
Adam's Card

When my son Adam was nine years old, he decided he needed to make money to buy a little scooter (although I hoped by the time he worked hard for the money, that the lesson about investing vs. spending will have sunk in deeper). So, given the combination of his interest, his age and maturity — and having just finished his first year of competitive speech and debate — I decided it was time for him to spread his wings. He sorted through several ideas on his own and he approached me to “sell” me on the idea of washing my…

Read More

Starting Your Business – Part 4

By | Business By The Book, Channels and Alliances, Creating a Financial Model, Marketing, Planning, Uncategorized | No Comments

In the initial post in this series, I suggested a step-by-step process for launching a business. This post will focus on the first post of two posts on Step 4 – Launch, where we lay out the requirements to fully launch the opportunity you’ve decided to pursue. (See Part 2 and Part 3 for other posts on the process). Launching the Best Opportunity  In this phase, you are prepared to launch the best opportunity that was fully vetted in the earlier steps of Define, Generate, and Evaluate. If the idea passed your evaluation criteria with flying colors in Step 3 – Evaluate, you should have full confidence to move forward…

Read More