entrepreneur

Will Your Business Last?

Don’t just think about starting your own business--actually do it!

My book, How to Build a Business and Sell it for Millions, is based on one fundamental affirmation: there is no better time than today to become your own boss.

You need to be realistic; not every business idea is cut out for the long haul. If you want your small business to be successful and last, it is essential that you research the current market trends. Ask yourself, will my business flourish in the current economy?

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Show Me the Money

Need more money to get the ball rolling on your newest business venture? Desperate to pay the bills at your existing company? At some point as an entrepreneur, you’re going to need to get your hands on more money.

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Justin Hong's 11 Books Every Entrepreneur Should Read

How do you become a better entrepreneur? Read books. That's right, put down your cell phone and pick up something that is not only going to challenge you mentally but also provide you with beneficial information. Justin Hong's stresses this point in his blog entry, "Do You Want to Become a Great Entrepreneur? 11 Books You Have to Read". He asserts that too many of us have fallen slave to the digital, easy life and have forgotten the power of books.

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Having a Vision


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To buy or lease? Choosing real estate for your business

Commercial rents have dropped 20 percent or more, but the prices to buy vacant buildings in some DC area locations are down even more. With your lease coming due, and the economy hurting, is it time to buy or lease?  This is a weighty issue I spotlight in my column, The Legal Edge, featured in September’s issue of SmartCEO Magazine.

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Be smart about selling your business

I often tell people that now is the time to build and sell your business. In the next three to five years, buyers are going to be looking for profitable businesses, and one of those sought-after companies should be yours. Don't let the recession discourage you. Some of the world's largest companies were started during times of economic distress, like IBM, Disney, and General Electric, to name a few.

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Jack Garson on First Business

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Now's the time to start your own business

Building and selling a successful business is the next big investment trend. Why? Because right now, buyers are getting bargains when it comes to purchasing companies - in just a few years, those companies will be flipped for tremendous profits. I just discussed this trend with Angie Miles on the nationally syndicated show, First Business. Angie brought up some great questions about planning for your own venture - How much money do I need? What types of companies are likely to get purchased? Who should advise me?

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ABC2 Good Morning Maryland

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Is Your Business Idea Profitable?

Recently I was a guest on ABC-2’s Good Morning Maryland show in Baltimore to discuss my book, How to Build a Business and Sell it for Millions. While the book covers a wide range of areas in creating and selling your own business, there are four key factors of success that we discussed on air - consistent profitability, a competitive edge, sustainability, and scalability.

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