I know I probably sound like a broken record and regular Financial Slacker readers are probably tired of hearing me talk about trying to buy a business. And to tell you the truth, I am actually getting a little tired of it too. But as I look at business after business, the one thought that […]
Entrepreneurship
Fun Friday: Repost of What Do You Do For a Living
Today, I am reposting an article published on this site last year. Here’s a link to the original article, What Do You Do For a Living? with the text reposted below: For over twenty years, the question, “What do you do for a living?” was pretty easy for me to answer. I work in healthcare, […]
Enterprise Clients Make Horrible Customers
Here’s a short post from David Heinemeier Hansson, one of the co-founders of Basecamp, about enterprise clients. If you’ve ever worked in an organization that sold to enterprise clients, you know exactly what he’s talking about. Enterprise clients are not even remotely the same as other customers. They are large, slow-moving, often bureaucratic, and typically represent a […]
Buying a Retail Business Is Not a Good Lifestyle Fit
The latest business for sale that I analyzed was a retail business. The store has been operating out of a single location for decades. Revenue and profits have been flat for the past three years. There is a small sales staff and they’re open for business 6 days per week, 7 hours per day. The […]
The Success Experiment – Keep Trying Until It Works
I read this Fred Wilson @ AVC post from last year about living in the age of experimentation. And like many of Fred’s posts, this one got me thinking. It’s never been easier to start a business than it is now. Whether you’re launching a blog and from there creating products or services to help your […]
Here’s How To Become Your Own Boss
There are many ways to become your own boss. Here are a few: The agent. This group consists of real estate agents and insurance agents. They can work independently or under a franchised larger organization. The professional. Included in this category are licensed professionals such as physicians, accountants, lawyers, and financial advisors as well as freelance website designers, writers, […]