Niche Down

In the early days of starting a business, you feel like any dollar is a good dollar. You have really good intentions and in order to gain some momentum and get the cash flowing, you look for anyone willing to do business with you. But very quickly, you discover that not every client is a…

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Don’t Create Another Job For Yourself

Starting a business is daunting. Being your own boss is great, but if you’re not careful, you are not so much starting a business as being your own employee. There’s a difference between being self-employed and being a business owner. Our advice: don’t just create another job for yourself. Owning a business can and should…

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Biblical Financial Wisdom

Biblical

Given the work we’re in, you might think we love looking at spreadsheets and crunching numbers. But really our passion is to listen and help people become good stewards of their money. The number one way we do that is to help people figure out what they are passionate about and the ways God has…

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How to Monetize Your Business in Multiple Ways

I recently did a deep dive into a variety of Business Models to help demonstrate that there are multiple ways to earn money out there – and more to the point – there are often multiple business models you can use to monetize one area of expertise or passion. For example, let’s look at real…

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Why I Still Love Business Models

As a kid growing up I loved Legos and working to make the pieces fit together like the picture on the box. Then I got into model cars and putting those together as I dreamed of owning and driving my first Porsche. Business is based on models, so as an adult, I am happy to…

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What is the difference between a product, a business and a brand?

One of my favorite shows is Shark Tank. Often, people will appear on the show with a really good product idea. The sharks love it, but sometimes they say, “That is a great product idea, but not a business.” So, what is the difference? And is a brand something different from a product or a…

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5 Things to Think about Before Starting a Business

Maybe you are on the threshold of starting something new, but you are not sure if it could be a viable business. Maybe it’s just a thought that pops into your head every once in a while, one that just won’t go away. You are getting that entrepreneurial bug. You are thinking about starting a…

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Traction

After spending 5 years in corporate consulting and using various methodologies to audit businesses and help launch new ventures, I really appreciate a good business framework. What do I mean by a framework? I mean something to help a business communicate – with themselves, their customers and the world at large. How does a business…

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Profit First

The purpose of any good business is to not only to change the world and better society at large but at the end of the day, it also needs to be about turning a profit if the business is going to sustain itself and the one who created it. So often, and this is true…

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What will your job look like in 10 years?

I have always been fascinated by the following quote from Bill Gates, “Most people overestimate what they can do in one year and underestimate what they can do in ten years.” I am firmly in the overestimating camp and always try to do too much in a year. As I get older and hopefully wiser…

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The CASHFLOW Quadrant

This book is legendary. The book that actually put Robert Kiyosaki on the map was Rich Dad Poor Dad, but the book that has had the most tangible impact for me as an entrepreneur is Rich Dad’s CASHFLOW Quadrant: Rich Dad’s Guide to Financial Freedom. It is a top 5 mandatory read. In CASHFLOW Quadrant,…

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The Art of the Deal

One of the guests on our podcast recently was a gentleman that has had tremendous success in real estate by building a portfolio in a very short amount of time. During the interview he said something that I felt like I knew, but that I really didn’t appreciate. He said he doesn’t buy real estate…

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