Showing posts with label entrepreneur. Show all posts
Showing posts with label entrepreneur. Show all posts

Friday, June 26, 2015

Tools for entrepreneurs

Quora

Ask any question and get answers from smart people.

Con, some of the members are closed minded




Pinterest.
Yes "pinterest".  Search pinterest for ideas, business advice, and general knowledge.

My blog, other blogs,

Take some time to think every day, best two hours before bed (two-one hours before bed the brain needs to star winding down).

Sorry about the short post but I'm "Really busy today".

Monday, June 1, 2015

The key aspects of running a business

Stick with it, be patient.
alot of people think "the harder I work, the faster it will go" well that can work but it's better to take your time and make your business stronger.
people have always flourished by thinking in groups so always ask someone to help you think through your problem (a mentor).
Take care of yourself.
what's the point of getting rich and not being able to spend it?


Work less accomplish more (sleep 8hrs a night)
build an advisory group (basically a think tank) get yourself a good mentor


Spend less then you want to but not less then you need too.
eat fruit and vegetables everyday (remember to get good quality)


















be people who would gladly spend nights and weekends with, whether or not it’s for work. Early on, hire generalists, not specialists (those come later).
Likewise, find investors who believe in you and your vision. Don’t just work with an investor because of their checkbook or their “value add”. Work with investors you actually like.
Life is too short to work with people you don’t like.
Think Hard About Culture Early
Even if you assemble the best group of people in the world for your startup, a bad culture will mess it all up.
Every company will have a culture that works for them and your job as the founder is to figure out what that is. You should really dedicate time before or shortly after you hire the first employees defining what the culture is. It’s easy to set a culture early, but extremely difficult later (even if you’re under 10 people).
Communicate and Be Transparent With Your Team
They are in this with you too. By making sure everyone on your team is aware of everything going on in the company (both the good and bad), you are building a very important foundation of trust that is vital for any organization.
I highly encourage having weekly all-hands meetings, as well as frequent 1-1s with everyone on your team until size makes it not feasible. Effective



























Tuesday, May 19, 2015

My business plan


There are a lot of variables to  business plans,
some things don't happen some unexpected things do.
So instead of a business plan write a business outline down.

On the side of all this I will be licensing ideas

I have Multiple Sclerosis.

Get better so I can work(80% done)
Save 3k (could windup being 1k or less)
Make and sell men's jewelry on Etsy   (save,save,save!)
Publish a post on "how to get and stay rich" everyday(100% right now)
License my business
Hire workers
make profit
hire a manager
Start more businesses
Sell business
License ideas

End goal  (always have an end goal!)

Own enough Licensing deals to have the money and time to work on my hobbies

Create and sell enough businesses so I don't have to worry about money

Move to a cheap fiber internet, electricity, and land city

Get married







Saturday, May 16, 2015

The last post was a bit short

A little wisdom I came up with and follow.
1. I can do anything with God. 
2.Anything is possible the question is, how can I do it.
3.Question not only why it's impossible but also why it could be possible.
4.Question everything, accept nothing!

Thursday, May 14, 2015

Post on passive investment, earning and profiting

My first post should be read before you read this one so you get a more rounded understanding of passive incomes.

Savings with higher interest rates
An easy passive income is saving and earning with a bank that has higher interest rates.                   Ally bank may not be the most credible bank but it was rated "Best Bank" by Money Magazine in 2012 so I'll take the plunge.  No monthly fees, no minimum balance and an APY rate of 0.99%, not the highest but you'll save enough that it won't matter much.
CD's 
No not Compact disks, CD's are an investment system for your and every bank.
A CD is a long term savings investment, here's an explanation: 
Time     return      the money made off of $2,000
1 year   (3.00%)         $60            
2 years (3.25%)         $65
3 years (3.50%)         $70
4 years (3.75%)         $75
5 years (4.00%)         $80

If you have some money saved up then invest in this system. 

Wednesday, May 13, 2015

Resale

To start reselling like a boss (buying from a manufacturer and selling, ebay, amazon, to a store) you need to know:

1.How to get the best price
2.how to decide what to buy
3. how to make it automatic

How to get the best price.
To get the best price get a business account at your bank and a business phone number on your phone (for credibility), buy  sample from the company (to judge the quality). 
 Build a relationship with the company and eventually ask for the "jobber" price (the best price).

How to decide what to buy
Go to amazon.com and find the highest selling page, skim through it, find the thing you can buy cheaper and sell cheaper.  Buy that thing from alibaba.com and import it, you know the rest (sell!).

How to make it automatic
Once you have ironed out all the kinks, set up a deal with your supplier.  The supplier sends a certain amount of the product to amazon, amazon keeps it in their warehouse and send it to the buyer.

Viola! you are now set for life!

Monday, May 11, 2015


 Think like an entrepreneur,  "before you say something is impossible, look at why it can be possible and how you can make it possible".
You can use this technique to assess your beliefs and assess your ad others theories.

As always good luck!