Displaying items by tag: Startup Basics

Need help getting from where you are to where you want to be? That’s the question that Uchendi (Chin) Nwani poses to potential clients. Nwani is the owner of one of the largest barber styling schools in the United States. The young entrepreneur has literally clipped his way into the millionaires’ club and has discovered the secrets of working le...

Consider these questions to help you determine if your concept will pan out into a successful enterprise....

The more you exercise this sixth sense, the more successful you will become....

While the income from your business isn't guaranteed to make you rich, it does bring you something more valuable than money: fulfillment and freedom....

Many businesses collapse as a result of common issues. Mitigate them before they do any real damage....

Begin with a lean document that can guide your company's efforts internally. Add to it later on if investors or bankers need more details....

You don't want to start a business that may not survive. Do your homework, validate your idea and make sure you have a real market for it....

Millennials make up the fastest growing group of entrepreneurs today. According to reporting from the Harvard Business School, 34% of startup founders are between the ages of 20-29. Experts point out that young entrepreneurs often make “rookie mistakes” starting a business.While still in college at just 22, Mike Matousek launched his Boston-based...

Selecting a franchise concept and becoming a franchisee is no small feat. It’s not for kids. You are partnering with the company for at least 10 years and in many cases that franchise will be predominantly responsible for feeding you and your family and possibly putting your children through school.If you didn’t do the proper homework...

There's no secret sauce for making a new eatery profitable but careful planning surely helps....