Summary: Obama may have won the 2008 election, but what does that mean for small business? Check out some of the buzz about upcoming entrepreneurial expectations, fears, and hopes, and then weigh in and discuss how you think your business will be affected by an Obama presidency. I think enough time has gone by now that plenty of folks have weighed in on President-Elect Obama and the potential impact [...]

Summary: According to a recent NY Times article, entrepreneurs are finding comfort back in the corporate world, deserting their businesses in the economic downturn. Are you one of them? I don’t know about you, but I’m in it for the long haul. I was reading an article from about a week and a half ago on the NY Time site: Economy to Entrepreneurs – Turn Back.The article shares a story [...]

Summary: Do you take your online business seriously, or are you setting yourself up for failure? Find out why you need to treat your online business as a real business venture and not a casual hobby (such as blogging for profit) if you want to reap the most rewards and keep it all legal. I know there are plenty of “serious” online ventures. At the same time I think there are infinitely [...]

Summary: Find out what it means to be an infopreneur, and what information products can do to help you grow your business. As an entrepreneur, you may earn your living in any number of ways – most likely selling a service, products, or some combination of the two. Something many entrepreneurs don’t ever consider is becoming an “infopreneur.” Yet becoming an infopreneur can [...]

Summary: As an entrepreneur, if someone approached you today and offered you full-time employment with their company with higher pay than you earn through your small business, would you close your business and take the job? I stumbled across a Wall Street Journal article today that I want to share with you: Owners Wouldn’t Quit for More Money Ironically, I was just having a conversation with [...]

I came across an article on small businesses and the fear of a recession at the US News & World Report website today. In short, apparently small business owners in the US are concerned about a potential economic downturn. Are you worried? I’m not.

Obviously the simple answer is “no,” because others have gone on to run highly successful businesses without a formal education. However, the fact still remains that those people tend to be the exception; not the rule. Some industries not only highly benefit from formal education, but it can be required for licensing (medical and legal fields for example). Others don’t require a formal [...]

Life for many entrepreneurs can be hectic, whether they’re running a brick and mortar small business, home business, online business, or even a freelance career. Schedules can get out of hand, and the line between work and home life can get blurred (especially for entrepreneurs that work from home). So what can you do to maintain a work / life balance as an entrepreneur? How do you stop your [...]

I love business-related websites and blogs, whether I want to brush up on business news, learn something new by reading through business articles, or read about success stories of other entrepreneurs. Here are a few of my favorite business websites, big and small (in no particular order). What are your favorite small business websites? Entrepreneur.com Inc.com IdeaCafe.com AboutPublicRelations.net Clickz.com SBA.gov AllBusiness.com BusinessWeek.com SelfMadeMinds.com SoloGigNews.com BizToolKit.org [...]

While some small businesses and online businesses can be launched with little or no startup capital, most new businesses need to obtain some form of business financing to make them a reality. Here are a few ways you may be able to find the money to make your small business idea a reality: Personal Savings – If you have a large enough personal savings to finance your small business, at least consider [...]