Most entrepreneurs I know are also athletes – by nature we are a competitive bunch. Athletes don’t expect to master anything without practice and they know practicing will never end. I played basketball in high school and still play today. Continue reading Practice, Practice, Practice
Since running a small business can be a lonely endeavor, I try to attend any local business functions and participate in online communities. I like being in the company of other entrepreneurs and wildly enjoy talking about the art of growing Continue reading Defining Entrepreneurship
When I was a little kid, I had a toy cash register in my room. I loved to play store, so I priced everything in my room and would randomly pick up items and ring them into the cash register Continue reading Focusing on Gross Margin
Back in 1998 was the first time I used BizBuySell.com to find a business for sale and I have never stopped perusing the listings on their website. A large amount of my entrepreneurial education has come from reading the one Continue reading Window Shopping for a Business
The year end procedures in business – counting, inventory, summarizing, comparing – the bookkeeper in me loves this time of year. While it may seem early, I have already printed a preliminary year over year comparison Income Statement. But this Continue reading Year End Inventory
The infographic below was made in 2011, look at how many areas Amazon has executed and crushed it (the Nook?). Amazon’s secret weapon is reputation, they have managed to grow in multiple arenas and somehow not come off as the Continue reading Why do we love Amazon?
