YOU ARE NEVER GOING TO MAKE ENOUGH MONEY; HERE’S WHY

Yes, you read that right. I’m here to break the bad news to you. You aren’t ever going to make enough money! You simply can’t ever make enough money. It’s the trap of entrepreneurship. But understanding the reasons for it, and knowing the alternative to what you should pursue, can help spare you a lot of time, stress and chasing.

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Why Buying Local Matters

Have you ever noticed how communities and neighbourhoods tend to define themselves or get defined by how “prosperous” their residents collectively appear to be? It may not be all too obvious at first thought, but if you know exactly what to look out for, you’ll catch it in even the subtlest of communications. Continue reading “Why Buying Local Matters”

5 Reasons You Should Consider Investing Internationally

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When you finally get the hang of being a bit savvier with your money and you’ve learned to spend less than you make, the generally low returns you get from saving your excess will very quickly have you considering investing over traditional saving. When considering a number of investments to put your money into, two very important questions arise: “Should you consider investing internationally?” and “When do you need an offshore bank account?” Continue reading “5 Reasons You Should Consider Investing Internationally”

HOW TO RAISE PRICES WHEN YOU ARE AFRAID OF LOSING CLIENTS

Inevitably the biggest challenge you will ever get for raising your prices will not be from your clients, but will come from you.  You will fear losing your clients, even if the price increase you are considering brings you up to prices that are comparable to your competitors.

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Be a Better Entrepreneur by Shopping Smarter

In navigating a complex business world, it’s good to have a guide.  Not in a traditional sense, like a sherpa, or someone to tell you the answer to every question, but a reliable source of information (person, website, etc.) to help put you on the right path or clear up murky decision-making waters.  Because businesses don’t operate in a vacuum, not mine, and assuredly not yours.  You need to be aware of the economic climate, yes; interest rates, corporate tax rates in your state, other payroll expenses and deductions, and many many more.  But you also need to be aware of the market that you serve, and to do that means understanding people. Continue reading “Be a Better Entrepreneur by Shopping Smarter”

Hong Kong Debuts Workplace Inclusion Index to Honor LGBT-Friendly Businesses

Increasing diversity is a global concern, as illustrated by the very important work performed by Community Business. This not-for-profit organization is dedicated to promoting diversity within workplaces all over Asia, which resulted in the creation of Hong Kong’s first ever Workplace Inclusion Index. Interested companies were welcomed to make submissions to the group, who then carefully evaluated the level of diversity within each business based on a set of specific criteria. Continue reading “Hong Kong Debuts Workplace Inclusion Index to Honor LGBT-Friendly Businesses”

3 Tips for Avoiding Bankruptcy As a Business

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Experiencing the failing of your business is one of the hardest things an entrepreneur can think of. Especially if you’ve devoted years of your life and thousands or even millions of dollars into your company, finding out that you can’t afford to stay in business anymore can be detrimental to your lifestyle and mental health. However, many of the problems businesses face that result in bankruptcy and failure could have been avoided if they’d only known what to look out for. To make it so your business stays afloat, here are three tips for avoiding bankruptcy as a business and remaining in the black.

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