starting a business
NEVER Write a Business Plan
If you are reading this article only because of the title, it means you're interested in not writing a business plan and are looking for an excuse why not to. If that's really the case, I'm sorry, no excuse is …
How To Cut Unnecessary Business Expenses
In The Pocket Idiot's Guide to Living On A Budget, the first thing they suggest is outlining your income pattern. This means keeping a small notebook and writing down everything you spend money on, including retaining receipts, for a solid …
YE Interview Series: Arjun Dev Arora of ReTargeter
When my brother Matthew and I met Arjun Dev Arora at the Entrepreneurial Summit in Miami, we were impressed to say the least. We have since become friends, and we thought it would be great to share Arjun's story and …
Common Mistakes that Every Young Entrepreneur Should Avoid
If you are thinking about starting your first real business, get ready to embark on the most treacherous, exciting, rewarding, and infuriating journey of your life. The life a new entrepreneur is one of constant problem solving, careful planning, and …
Are You Ready to Work at Home?
If you are thinking about signing on as a home-based entrepreneur or "homepreneur," there are many factors to consider. You will need to honestly evaluate whether or not you are hard-wired with the drive, commitment and the personality to pull …
What is your Primary Aim for Building a Business: Part 2
In a previous article, I shared with you four motives that drive the propagation of entrepreneurship. Today, I will be concluding the article by sharing with you practical steps to balancing your entrepreneurial motive and building a winning business. Four …
Your Elevator Pitch – Be Smart From the Start
Writing a great elevator pitch is an essential part of networking.  It can take timing and practice to get right for those that haven't gone through the process before.  However, if you follow a few basic principles, you can create a strong …
An Investment-Grade Business Plan in Ten Steps
People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress …
Complementary Partnerships
Who you work with is just as important as the work you do. While many young entrepreneurs fly solo, some of us choose to run our businesses with partners. As the Vice President and COO of AKT Enterprises, I have …
Securing Investment for Your Business the Venture Capital Way
Before you decide to finance your start-up using venture capital (VC), you should ask yourself if this is definitely a journey you are prepared to go on — there is no turning back. The benefits of VC funding include the …
Starting a Business Checklist
Starting a business (whether it's your first or fifth) is rarely the neat, orderly process we hope it will be. No matter how meticulously we lay things out, any number of unexpected problems (or opportunities) crop up and send us …
What is your Primary Aim for Building a Business?
Everyday, new business ventures are started all over the world. Everyday, I come across entrepreneurs basking with enthusiasm and passion over their new startup. While I am not against the launching of new startups, my main concern is the primary …
Five Great Small Business Resources
From startup paperwork to the everyday management, running a small business takes a lot of work. Not that larger businesses don’t, but many times, either one person or a small group is responsible for running the entire business, so it …
Idea Validation — Tips to Conceptualize the Business of Your Idea
Did you get an idea that robs you of your sleep and does not leave you sad about it? Does that idea not allow you to concentrate on anything else? Be assured that you've hit upon something that really appeals …
The Anthology Business: A Step-By-Step Guide: PART TWO
Yesterday, in Part One, we discussed what an anthology is and how to get started putting together your own anthology as a business. Again, to see the potential in this type of a project, just look at Jack Canfield and …
YE Interview Series – Fredrick Nijm of Addoway
Today's interview is with Fred Nijm co-founder and CEO of Addoway, "an online marketplace for all things fashion, collectibles and much, much more." Addoway is a very different concept in online shopping, and it's doing very well. If you're looking …
The Anthology Business: A Step-By-Step Guide: PART ONE
We've all seen the books on the store shelves – Chicken Soup for the Teenage Soul, Chicken Soup for the Unsinkable Soul, Chicken Soup for the Dog Lover's Soul… you probably never realized, though, that the creators of the "Chicken …
6 Reasons Your Startup May be Viable but Not Fundable
New entrepreneurs often seem to confuse viability with fundability. Certainly a non-viable business should be not fundable, but many viable businesses are also not fundable. Thus when an investor declines your funding request, you need to curb your anger and …
5 Personal Finance Tips for the Budding Entrepreneur
Congratulations! You're ready to start your own business, and you've got the drive and determination to make it work. However, given the current state of the economy, you'd do well to revisit a basic "to do" list of financial fundamentals …
The YE Weekly Article Recap (9/20 – 9/25)
We had some really great posts this week, including a couple of fantastic interviews with one of our guest writers, Gabriel Shaoolian, and Bryan Roy, two young entrepreneurs at two ends of the entrepreneurial spectrum in many respects, but both …
YE Interview Series: Young Entrepreneur – Bryan Roy
You're going to college, you love your school and the experiences you're having there, and you especially appreciate all the beautiful women around campus. What do you do? If you're most guys, you party and try to get as many …
Are You Working Hard Now, To Have More Free Time Later? Wrong.
Are you tired of the nine to five? Do you want to be your own boss? Do you want to set your own schedule? Work when you want to work not when your boss says you have to work. You …
6 Keys to Hiring and Retaining the Best Employees
Hiring and retaining good employees is one of the biggest challenges facing entrepreneurs. The task becomes all the more daunting in the absence of a brand or high revenue figures. Attracting talent is not just about getting people to work …
The YE Weekly Article Recap – (9/13 – 9/18)
If you got busy and missed an article or two on the YE blog this past week, don't worry. Here's our recap of this week's Young Entrepreneur articles for your review. Enjoy reading (or re-reading) any you find appealing, and …
The 5 Best Industries for Starting a Business in this Economy
With all the doom and gloom that surrounded the recent global economic crisis, you may think that starting a small business would be tantamount to insanity. After all, if established companies couldn't make it, how on earth would you, the …
