The “Right” Investor Depends on Timing

Too many entrepreneurs approach fundraising thinking that all money is the same.  “An ‘investor’ is someone with money, and therefore all people with money can be an investor in my business.”  Well, not exactly, and here’s why. The right investor entirely depends on...

Five Common Finance Mistakes Made by Startups

Entrepreneurs are gutsy. They understand the customer, and they are always trying to provide the right value to the customer.  But sometimes entrepreneurs make mistakes.  Especially when it comes to the finances of the business, which are not always at the forefront...

Is Your Hobby Considered a Business by the IRS?

Let’s face it—hobbies are born of passions, and at some point you’ve spent so much time working at your hobby that you become somewhat of an expert. Experts of some hobbies can make decent money from amateur hobbyists.  You may be in this boat (not too bad to get paid...

Tips for Recently Married Entrepreneurs

You’re laser-focused on meeting customer demand and building your business, and then—Wham!—you meet the person of you dreams, and now you’re building a new family at the same time.  Unfortunately, all the efficiencies you thought you’d get by being married (fewer...

Customers Create Success, Not Investors

Success is meeting a customer’s need. Too many think of success as having money, but that’s not true success. True success is having a product that meets customers needs, and a proven method for customers to pay for and consume that product. So why do so many feel...