Many people are not ready to be business owners. They don’t have the financial literacy to balance a checkbook let alone read their balance sheet. Or they are in debt from the day they graduate high school until the day they die–forever paying interest that would be better used to generate income. If you hope… Continue reading Budgeting Guide for Entrepreneurs
Tag: business
Enterprise Knowledge Base (and Microsoft’s Lack Thereof)
Once businesses reach a certain size (usually when they have two or more people filling the same role–e.g. two client support people or two devops people) they realize they need a repository where they can store knowledge to be shared internally across the organization. That first knowledge base probably consists of some .doc files in… Continue reading Enterprise Knowledge Base (and Microsoft’s Lack Thereof)
Principles by Ray Dalio
(This is one of a series of posts about productivity books and the lessons I took from them. The series is: Getting Things Done, A Sense of Urgency, The ONE Thing, and Principles.) This book, Principles by Ray Dalio, has to be one of the most recommended business books of the last decade. Even before… Continue reading Principles by Ray Dalio
Most recommended books on entrepreneurial podcasts
I used to be a voracious consumer of podcasts for entrepreneurs (and took notes on many of them) and still try to listen to them as time allows. I also love reading business books and am always looking for recommendations. These books are the most recommended ones on the podcasts that I listen to. (contains… Continue reading Most recommended books on entrepreneurial podcasts
Talk about your idea as much as possible
Creating something from nothing is a special process. Inspiration becomes an idea. An idea gets refined, work is put in, and eventually out comes something that creates value for yourself or others. Whether you are creating something for others or something just for yourself, I strongly urge you to talk to as many people as… Continue reading Talk about your idea as much as possible
How to set business goals for the new year
It is the time of year to set goals for your business. Some people are not the type to actually set goals. They have “wants” but those are different than goals. Wants typically are uninspired and very unactionable whereas goals are concrete and can be measured. You are a business superhero so you produce results… Continue reading How to set business goals for the new year
Building a Product vs. Building a Business
Today is the launch day of StartOpz (!) which is my new app that adds premade processes to business tasks such as expense reports, time off management, and invoicing. I hope to grow it into a sustainable business. I had some thoughts on that process that I am sharing here along with the wisdom of… Continue reading Building a Product vs. Building a Business
“Software Eating the World” is about demographics
Five years ago Marc Andreessen wrote a famous essay titled, “Why Software is Eating the World.” In it he states that “More and more major businesses and industries are being run on software and delivered as online services—from movies to agriculture to national defense.” The reasoning behind that are that the cost of running servers… Continue reading “Software Eating the World” is about demographics
Join the Conversation
You might, like many of us, have some goals or dreams, personally or professionally, that you have yet to fulfill. Sometimes you feel stuck in a rut and wanting more. Often the feeling is one that is self-perpetuating as you lose enthusiasm and the energy to get out of it. Sometimes without taking action to… Continue reading Join the Conversation
The ONE Thing
(This is one of a series of posts about productivity books and the lessons I took from them. The series is: Getting Things Done, A Sense of Urgency, The ONE Thing, and Principles.) Extraordinary. If there is one word to use to describe The ONE Thing it is that. The book’s premise is to figure… Continue reading The ONE Thing