“Follow your passion” advice creates more broke entrepreneurs

By on January 24, 2012 in Productivity

We followed our passion alright–straight down to the unemployment line. We were unfortunate enough to receive a self-help book on passion and then all hell broke loose–our financial decisions were all compromised. You might say passionate people trade off salary in exchange for happiness. But don’t quit your day job until the focus of your [...]

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Forget about finding money to start your business

By on January 22, 2012 in Funding

The SBA is not going to fill your trunk with cash like most business sites would lead you to believe. The Small Business Administration doesn’t even loan money, it insures bank loans on your collateral. Remind you of a rich relative? Recently, Daymond John from Shark Tank was speaking with Entrepreneur about financing start-ups. We [...]

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6 tips for small business success

By on January 20, 2012 in Startups

What’s wrong with all these business magazines? We need to make money. Until all the entrepreneurs in the US are off unemployment, we don’t care about organizing a desk or Feng Shuing the home office. While browsing Entrepreneur today, we spotted the impeccably flowing blonde hair of the charismatic Richard Branson in one of his [...]

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How to really make money without a job

By on January 19, 2012 in Startups

We thought we should evaluate some advice from Forbes and give the writers over at Entrepreneur a break. The first random article we found while skimming Forbes was “How to make money without a job.” Wow, could this article read by 98,000 people be the end-all advice to our jobless pain and suffering? Coincidentally, there [...]

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6 relevant mistakes entrepreneurs make when seeking venture capital

By on January 18, 2012 in Startups

You don’t have to tread carefully with your pitches to venture capital firms, as suggested by a recent Entrepreneur article. If your Powerpoint is too long, they’ll tell you. If you disclose what you think your company is worth, it’s okay because they’re not going to take your word for it. And when you’re speaking [...]

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