If you're looking to start a business, there are a few things that you need to do to make it a success. First, of course, you need to have the right idea, the right team, and the right market. But to succeed, you also need to be willing to risk everything. That's why we've put together this guide giving you tips for starting and growing your business. From finding your market, to setting up a marketing plan, to working on your sales process, these tips have you covered.Read more
If starting a business is on your agenda for 2022, you’ll naturally want to focus on a strategy that enables you to start turning a profit quickly. After all, failure to get over the initial hurdles is one of the chief reasons why over half of all startups fail within the first five years.
With the right strategies in place, you’ll be on the road to success far sooner. Here are five steps that will help you along the way.Read more
Following the Launch of Their Sold-Out Season 1 Collection, DJenerates Selects Moonwalk’s NFT Utility Wallet to Power Virtual/Real World Events Engagement. The Collection features music legends such as Carl Cox, Paul Oakenfold, Paul Van Dyk, Benny Benassi, Sven Väth, Jamie Jones, Boys Noize and many more.Read more
Business growth comes in a variety of shapes. For business owners, establishing SMART goals for the future can help track progress and drive the business in the right direction, whether they want to focus on their customers, their digital infrastructure, their employees, or their cash flow.Read more
It was critical for managers to ensure that their employees felt supported and looked after by their employer in the unstable working world that existed during the pandemic period when many firms began working remotely.
For businesses that have recovered from the pandemic and the lockdowns that accompanied it, showing appreciation to employees for their contributions at work is more important than ever.Read more
Are you an entrepreneur or investor looking for the best place to locate your company? Perhaps your business fortunes are swindling back home and you are thinking of going offshore. This idea could not have come at a better time because there is one offshore destination that serves as a springboard for companies targeting rapid growth: China.Read more
Las Vegas is a city that thrives on entertainment and gambling, but it's also a place with a growing economy. It has been ranked as one of the top cities in America for business growth by Forbes magazine. With this sort of growth comes an increase in demand for accounting services from people who want to invest money in Las Vegas, and this is why it is important to find one that has the right expertise and can provide you with the services you need.Read more
That’s right – Abbot Tryphon will be joining the Dad Devotionals network to share his wisdom with all of us.
In a new series, Fridays with Abbot Tryphon, you’ll hear his most popular episodes from the past — along with new content from his blog, AbbotTryphon.com.
Stay tuned for the latest updates and follow Dad Devotionals on Facebook!
Check out Episode 43 with Abbot Tryphon here: 43 – Joy of Orthodoxy and Relationship with God with Abbot Tryphon
Originally posted on DadDevotionals.com.Read more
Are you living an authentic life as a man of faith? Dr. Joe Martin, host of Real Men Connect, sets us straight on Dad Devotionals with Dave Domzalski.Read more
Starting a new business from nothing is incredibly difficult. If you happen to have some money saved up that you can invest into your own business venture, you might be able to wait awhile before looking for other funding options. But if you’re determined to get your idea off the ground despite not having any money yourself, you might want to seek out other investors before you look at options like business loans. This will require you to have some difficult conversations with those you love and trust, as talking about money is usually something most people find to be taboo.
If you’re going to be having these types of conversations soon, here are three tips for talking with friends and family about investing in your business.
Ask In The Right Way
The way in which you bring up the topic of investing in your business can have a huge impact on how likely that person is going to be to want to give you some of their money.
Depending on your relationship with the person, you might want to give them a heads-up about what you want to talk about before you meet in person. This might include sending an email or giving them a phone call to set up a meeting. Generally, it’s not a good idea to have this whole conversation over email or the phone, unless meeting in person just isn’t possible. But so your friend or family member will have some time to think about how they can help and what they’re willing to give, it’s usually good to let them know what the meeting is about before you get together.
Be Open About How Much You Need, What You’ll Use It For, And What The Risk Is
The more professional you’re able to be when asking for a financial investment into your business venture, the more success you’re likely to find. So before you meet with anyone, make sure you have a firm grasp on how much money you need, what you’ll be using this money for, and what the risk is for their financial investment.
Have A Plan In Place For Repayment
If what you’re really asking for is for someone to make an investment into your business, there’s the understanding that they’ll be making their money back at some point. So while there is always risk involved, it’s wise to have a plan in place for how or when you’ll repay the money they’re investing in you.
For most people, it’s a better idea to plan your repayments based on meeting certain benchmarks with your business rather than trying to shoot for a specific timeframe. This way, your investor can know what the plan is without you having too much pressure put on you for repayment.
If you’re soon going to be asking your friends or family members for some money so that you can get your business off the ground, consider using the tips mentioned above to help you prepare for these conversations.Read more