“Everything started as nothing.” – Ben Weissenstein, founder and CEO, The Entitled Group There are many ways for entrepreneurs to finance a business, and we have discussed a handful of them in the past. Let's resume this discussion, and explore some more methods … [Read more...]
How You Can Avoid Foreign Bank Account Fees
“Every day is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each.” ― Christopher Rice I recently watched “The Infiltrator,” starring Bryan Cranston. It’s the true story of a customs agent who, in the 1980s, went deep undercover to bust drug dealers and their international bankrollers. I highly … [Read more...]
Bootstrapper: Origins
“A bootstrapper isn’t a particular demographic or even a certain financial situation. Instead, it’s a state of mind.” -- Seth Godin I see all sorts of articles aimed at entrepreneurs who, for one reason or another, are not seeking venture capital and want to build their small businesses from the ground up. These articles are great resources and … [Read more...]
Spend Wisely
“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.” ― Thomas Jefferson Depending on the type of business you operate, you might need to make some hefty purchases. … [Read more...]
Financing Your Start-Up
“Show me the money!” -- Jerry Maguire You know why you want to go in to business, what type of company you'll run and what market you'll be serving. Another important piece of the puzzle is determining where and how you will get your start-up capital. You will need to crunch a lot of numbers. In addition to payroll, there’s a lot to consider … [Read more...]