Protect Their Innocence
Children are only young once. Free to dream and imagine new worlds and believe in this one. This purity opens the mind, allowing its owners to live fully in the present and dream bigger than big. Just like a child, a company in it’s infancy dreams great dreams and can see larger visions because it is not confined to dreams based on where it is now but rather can dream from a clean white paper. In my startup experience, it takes a good three years for an active company to start...
Read MoreYou Dictate Your Business’ Legal & Accounting Structure
Philosophers used to claim that as long as you think, you know you exist. However, a business existence is a whole ‘nother ball of yarn. What makes a business exist has nothing to do with its thinking process, but rather its establishment through legal channels. A business is not born in a lab, not given birth to in a hospital, but gets its congratulatory start in State court and registration systems. As you conceive your business, you must think about its formation and what you would...
Read MoreSteps to a Starting a Venture
EXECUTION BUSINESS DEVELOPMENT PRODUCT DEVELOPMENT $ CAPITAL $ ADVISORS MANAGEMENT TEAM CAPITAL STRUCTURE/INCORPORATION BUSINESS PLAN EXECUTIVE SUMMARY RESEARCH IDEA As you read...
Read More7 Steps to Fight the Good Fight
The business struggle to grow is a fight. Each growth achievement makes the company stronger and more likely to succeed. If you will be meeting your issues head-on, you want to learn how to knock ‘em down to the mat. Fighting, often, is most successful when there is a fighter’s attitude. So put up your dukes and follow these seven steps to fight the good fight: 1. See every challenge as an opportunity to grow stronger. Yes, you are fighting, but don’t...
Read MoreLet’s get to work
Creating the Financial Schedule for the New Year What is your Yearly Plan for your Business’ Financials? Here is a sample: Weekly/Bi-Weekly Ensure payroll is accurate, timely and cash is available Review outstanding bills and pay priority bills Pay bills and print checks to vendors Pay owners a salary/cash flow consistently Once per week have owner/executive sign checks Monthly 1st review all credit card bills 10th Bank reconciliations 11th Actual Income Statement Review 15th Send...
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