Have you heard of “FFF” money? FFF stands for family, friends and fools. Many new entrepreneurs receive the initial funding for their businesses from people close to them, causing these relationships to start sliding toward disaster. Over his 15-year career as an entrepreneur, Josh Steimle borrowed from all three groups, making him an excellent source for what to watch out for when…
Do you have a life skill that you’re currently only using in your free time? Though you may assume it’s only suitable as a hobby, there’s a chance you can monetize it and turn your talent into a money-making business venture. That’s if you know what you’re doing, of course. How to monetize your hobby Hobbies that could potentially be monetized and turned into businesses…
“I want to start a business but I don’t have any money.” I hear this statement over and over again as I work with aspiring entrepreneurs. Many of them have sound ideas, but feel they need a lengthy business plan and a large amount of cash to get started. The reality is, most successful entrepreneurs end up bootstrapping their business. If you are passionate about what you are doing,…
When we think of the dangers of the workplace, the office worker is perhaps not the first person who springs to mind. After all, it’s not exactly working at great heights or climbing down mineshafts for a living. It’s true; office work may not be the most physically dangerous of trades. However, there are plenty of ways the typical office environment -probably much like the one you are…
Author: PETER DAISYME (Co-founder of Hostt) Until your money tree has sprouted, your resources are limited. To get your startup off the ground, your launch has to be fueled by those solutions that don’t cost you much but do go the distance. You don’t always have to spend money to make money, which is helpful when you are just trying to get off the ground and build momentum. To…
Author: MARTIN ZWILLING(Veteran startup mentor, executive, blogger, author, tech professional, and Angel investor.) Business dreams are fun, but they don’t change the world or make you any money if you can’t turn them into a reality. Many aspiring entrepreneurs are stuck in the idea stage, and only a few have the discipline and the insight to move on to the execution phase. There…
