Can You Apply The Minimum Viable Product Principle To Information Products?

I recently listened to the audiobook version of the Lean Startup by Eric Ries.

My motivation for “reading” it is to help with the development of CrankyAds, my software startup. Lean startup principles are particularly good for a software company because of the unlimited features you could develop (given unlimited resources) contrasting with the need to just get Read the rest of this entry »

How To Value Your Startup Company When Looking For Investment

Last week I began the process of looking for funding for CrankyAds.

This has been a completely new experience for me, which is fantastic, I’m enjoying the challenge and the process of learning how another aspect of entrepreneurship works.

I’ve been attending networking events and putting my feelers out in Brisbane where I live for a while, which thankfully … Read the rest of this entry »

The Power In Thinking Small When Starting Your Business

Many of us, as entrepreneurs, start off with big intentions to do big things. Although I love dreaming big and hear a lot about people thinking big, I find that there is power in thinking small when we are getting started as entrepreneurs or solo-preneurs.

Thinking small when you’re just getting started gives you permission to start where you are … Read the rest of this entry »

Does Formal Education Matter When Opening A Business?

Entrepreneurship is taught in nearly every business program at university, but does your education or your college major really factor into success when going out on your own as an entrepreneur?

If so, what types of education are beneficial to entrepreneurial success and what types are worth a second look?

To best answer this question, we must look further into … Read the rest of this entry »

How We Made A Three Person Partnership Work

In case you missed it, last week Gideon Shalwick and Leslie Samuel, my two partners in Become A Blogger 2.0, along with me (Yaro), hosted a live webinar.

Before I begin telling you some of the background story about how this new partnership came together and the challenges we faced, I want to make sure you know … Read the rest of this entry »

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8 Must Have Attitudes For The Entrepreneur Who Tackles A Downturn Economy

When I first started my recruitment company in 2005, companies were still paying top level (and sometimes mid-level) sales professionals (discipline I started with) $100,000 a year and up. For me, this meant that even though in my ramp-up period my business volume was low (not many customers), my revenue wasn’t, as there is somewhat of a direct relationship between employee … Read the rest of this entry »

3 Reasons Why Potential Customers Will Walk Away From Your Online Business

Have you ever wondered why it is that some online businesses thrive and continue to do so, while others just fail miserably?

It is interesting to observe the differences between successful online businesses and those that, while they have a presence, just are not profitable at all!

Knowing the reason why these businesses are successful should ultimately allow others to … Read the rest of this entry »

How To Successfully Dodge Failure As An Entrepreneur

Do you want to make your business fail proof regardless of how big your goals are or how big your challenges may be? Do you you want to make sure nothing stands between you and the goals you want to achieve as an entrepreneur?

I’m a business coach who for the last 10 years, has researched the science of successfully … Read the rest of this entry »

Which Business Model Is Best: Selling Services, Software, Information Or Physical Products?

I’m getting old.

Well, at least in internet years.

It’s getting close to 15 years now that I have been online and had a website of my own. During this time I’ve played with all kinds of different business models. Perhaps just calling them money making techniques rather than fully fledged businesses is more accurate in the majority of cases.… Read the rest of this entry »

Why Beginner Entrepreneurs Fail To Bridge The Gap Between Start Up And Sustainable Profit

There are internal habits of thinking and feeling that are responsible for the level of success we have as Entrepreneurs. Within those internal habits are a few specific qualities that have also held us back from our next level of success.

This can be especially dangerous when you’re a new entrepreneur if you’re not at a place of sustainable profitability … Read the rest of this entry »

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4 Inspiring Ideas And The Entrepreneurs Behind Them

In my last article I wrote a few of my realizations and how I plan to adapt myself in 2012.

In this sequel article I will share some of my personal inspirations, which have shaped me to become who I am, and how I think. I will also share with you one of my latest projects and my reasoning … Read the rest of this entry »

The Importance Of Taking Time To Relax

We’ve all bought into the dream.

You know the one. With the attractive pictures. Of you (or me) sipping a pina colada, resting on the beach, while cash pours into our bank accounts because we run an auto-pilot home business on the Internet.

We’ve all realized it isn’t as rosy a dream to live through.

Reality bites. Early. Web … Read the rest of this entry »

Use This Dot-Point Easy System To Write Your Killer 2012 Business Plan

It’s that time again when the old year winds down (toodles, 2011), a new year sparkles before us full of potential, promise, and possibility (hey there, 2012), and savvy entrepreneurs are preparing their 2012 business plans.

If you’ve never prepared a business plan, then this is the year I challenge you to start, no matter what stage your business … Read the rest of this entry »

Have You Listened To The “I Love Marketing” Podcast?

I firmly believe that some understanding of marketing is vital to succeed online.

The Internet offers us a great ability to quickly test ideas and get products or ideas out into the public for a low cost. So what I call the “barrier to entry” for starting up a business is very low, especially relative to a traditional … Read the rest of this entry »

10 Ways I Sabotaged My Success And How To Avoid My Mistakes

There are many reasons why success took its time for me. Nearly all the reasons were my own fault.

Interestingly however, I have recently noticed that many others stumble with some of the very same issues. Thus by learning to overcome these problem elements we all have a much greater chance of success or increasing our current rate of success.… Read the rest of this entry »

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Is Shiny Object Syndrome Blinding You From Building A Sustainable Business?

A business built on flimsy foundations will soon crumble.

How do you know if that is your business?

Here are some clues. If your business is built on tactics and not strategies, the newest “push button” software, a “loophole” to exploit Google or Facebook or any dodgy marketing tactic that misleads people, AKA, a shiny object.

The Internet … Read the rest of this entry »

What Made You Start A Business?

The morning I decided to write about this subject, I saw a post on one of the popular discussion forums.

It was from someone who had invested quite a bit of time and effort into building his online business, was nearing the point where it could start being profitable, but was running short of energy and inspiration to keep going.… Read the rest of this entry »

4 Uncomfortable Truths About Doing Business In 2012

When I sat down to put my realizations, my “ah-ha” moment about some major changes going on in the business environment into words, I thought to myself, this might be too basic and obvious information for the EJ audience.

I will suspend doubt and elaborate my insights for people who may understand these ideas theoretically, yet run away from the … Read the rest of this entry »

7 Signs You Are Not Ready To Quit Your Job And Become An Entrepreneur

We associate the term “entrepreneur” with those brave enough to go out on their own, not conform to traditional corporate standards, and who come out alive to talk about it.

Traditional corporate standards has many employees unhappy with their current supervisor, pay or some other facet of their job. Seemingly, there is a direct relationship among how dissatisfied someone is … Read the rest of this entry »

Social Entrepreneurship: How You Can Profit By Making A Difference

In my last column I discussed the Occupy Wall Street protests and what their implications are for business ethics.

Since then I’ve been thinking a lot more about one of my favorite topics: social entrepreneurship.

What is social entrepreneurship? Put simply, it’s a term to describe business enterprises that are run with goals that extend to more than just … Read the rest of this entry »

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