I work with early-stage Entrepreneurs on a daily basis and we talk about a variety of subjects ranging from Customer Discovery to Product Market Fit to Scaling. All immensely important subjects to be obsessed with at any stage of business. However, the one question that seldom gets asked of me Read more…
The only way to get to know how to scale a business quickly is to make sure that you have a business that is scalable! Well, that seems to be pretty obvious, right? However, most businesses never really get to that point where they experience real scale because they’ve never Read more…
In my last post, Edit Post “Developing a Business Model for Your Business – Part I” ‹ The Financial Stoic — WordPress I outlined the importance of creating the right Business Model for your idea. In fact, I have seen decent ideas executed with great business models turn out to Read more…
Most entrepreneurs that I have worked with that had a truly good idea didn’t normally fail due to the idea. They failed due to the fact that the Business Model that they used to execute their idea was flawed and in many cases broken. In order to be successful you Read more…
In my last blog post How to Start a Business – Ideation Phase – Part II – Wealth Builders Forum I discussed the importance of creating a Problem Statement, identifying an Ideal Customer Avatar (ICA), the Lean Startup methodology, Falling in Love with the Problem, identifying our market and how Read more…
“So I think I have an idea for a business that would have a customer following and solves a problem that people genuinely have but now what I do?” I hear this multiple times a week from the individuals that I counsel. In my last post https://thefinancialstoic.com/?p=331 I laid out Read more…
Entrepreneurship is perhaps the fastest way for an individual to accelerate their wealth building pursuit. It not only offers an individual the ability to make an exponential return on the time that they expend on the activity through profit, unlike a job where it is linear pay for time directly Read more…
Photo by CoWomen Although everybody wants to say that “it’s never been easier to start a business” than it is now, the truth of the matter is that they are exactly right! Not only has the Internet and its many tools made starting and operating a business easier than ever, Read more…
I get asked all the time what is the best side hustle? The truth is that the best side hustle is the one that fits YOU the best. It’s the one that you’re good at, have passion for and would probably do even if you weren’t making any money at Read more…