My Business and Financial Freedom Journey
A recent survey by the Wells Fargo/Gallup Small Business Index showed that about 50 percent of small business owners are concerned that they wonít have a sufficient amount of money in savings to retire. If these owners are worried, what about their employees? They need a comfortable nest egg as well. Helping your employees build [...]
Google’s search engine algorithm updates (otherwise known as Panda) are just like real pandas. They appear to be cute and cuddly, until you get mauled by one. The Investor Junkie web site has been bitch slapped, and wrestled to the ground by Google’s latest Panda update. According to Google’s Matt Cutts the anti-spam king, this [...]
Steve Wynn, the founder Wynn Resorts (NASDAQ: WYNN), spoke yesterday on their quarterly conference call. The average investor does not listen to them. Most quarterly conference calls are a snoozefest, but not this one where the fireworks were going off. Its been known that Steve Wynn, who voted for Obama, despises President Obama’s policies. Unlike [...]
When starting your own business for the first time, one of the very first decisions that you’ll have to make is how you’re going to get access to the initial burst of capital necessary to start and grow a company. You might need money to pay for start-up costs such as buying office equipment, or [...]
I’m a hard working individual. I guess my work ethic was instilled upon me by my parents. I’ve always believed in under promising, but over delivering. The problem is this work ethic can be taken advantage of. Not only by employers, but also by yourself when owning a business. Let me explain.
Given the recent economic shift, there are many people that are in need of some extra money. Since they could not easily find a conventional job (or they were worried about losing their current job), the popular decision has been to take matters into their own hands. Individuals are finding that there are many opportunities [...]
I wish I had a blueprint of the steps I needed to do for my first business. I couldn’t ask my parents because they never owned a business. The closest relative who owned a business was an uncle, and unfortunately he was only moderately helpful. Where do you begin? It can be overwhelming. I had [...]
As I’ve previously mentioned we were looking for a nanny. After interviewing 5 people, we picked what my wife and I thought was the best one. She seemed the most responsible, understand our needs, and got glowing reviews from the previous family she worked with. Because of various issues with the daycare, she doesn’t officially [...]
When owning a small business you need to understand the importance of strong cash flow. This means not only bringing in new sales, but also ensure customers pay in a timely fashion. You may hit it out of the park with your sales, but if they don’t pay you’ll quickly be out of business. Over [...]
