Have you hear of boomerpreneurs? These are entrepreneurs that form a business startup after the age of 50. Most boomerpreneurs held successful careers for years prior to their fifties and because of layoffs, retirement, or the desire to start a business of their own, becoming an entrepreneur may be in their future.
First, let’s be clear. There is no way to start a business without any risk. Like any investment, risk is always present and although it would be nice if it weren’t, that will never be the case. An entrepreneur can, however, start a business with a lower level of risk than others who might have […]
Do you ever read about the successful entrepreneurs and wonder how they found success in a difficult economy? You may be close to launching your business startup or maybe your doors were recently opened but you’re still looking for advice and what better place to find valuable information than from the people who have done […]
There are a lot of ways to measure the strength of the economy but most of the measures you hear about in the financial news media are unimportant to you, the everyday consumer and entrepreneur. Strange acronyms like CPI indexes help very little when you’re deciding whether this is the year to open your business.
If you look at the stock market, you would wonder why we are still officially in a recession and you might be right. American investment markets have seen steady growth for more than a year and as of the beginning of 2012, they’ve continued their climb. A healthy stock market becomes a front page story […]
Maybe you were planning to start a business from scratch this year but there might be an even better way. Have you considered buying somebody else’s business? Not all businesses are sold because they’re failing. Sometimes life events like divorce, retirement, or illness cause business owners to sell at bargain prices. Buying a business that […]
One of the world’s most successful investors, Warren Buffett, advises young investors to buy when others are selling and sell when others are buying. He knows that the best opportunities to make money come when others aren’t looking.
The rallying cry of Washington politicians continues to be the widely held view that the nation needs more small businesses. Without the formation of LLCs and other small businesses, the economy won’t return to what it once was. Large corporations are taking their manufacturing facilities overseas or employing the use of robotics. This has caused […]