How To Build a Successful Business in a Boring Industry
Have you ever been chatting to a friend and heard them say something along the lines of ‘I wish I could start my own business, I just need a good idea’. Perhaps you’ve fallen into this limiting belief yourself and really think that to get a business started you need to come up with the…
4 Simple Secrets To Business Success
There are just 4 key ingredients to success in business, and here’s what they are… 1. A Compelling Reason Why… Without a reason why that pushes you to take action, even when things get hard – you’ll ultimately stagnate, give up and not achieve the results you want. It’s perseverance that helps entrepreneurs succeed, and…
Pro’s and Con’s of Buying An Existing Business
Going into business for yourself is an exciting idea that requires careful consideration. Depending on what you are looking for in a business, there is the option to start your business from scratch, or to buy a business that is already established. Both of these options have pros and cons so they should be weighed…
Is Education Killing Entrepreneurship?
There is much debate about how useful formal education is for entrepreneurs and entrepreneurship as a whole. Will having a college or university degree increase your chances of success as an entrepreneur, or is it just a waste of time? Entrepreneurs are often seen as very creative people, and this begs the question of how the current…
5 Questions To Consider When Naming Your Business In The Digital Age
What is in a name? Quite a lot actually. The name of your business is your first impression to the rest of the world and your potential customers. Building a solid business relationship begins when the individual first comes into contact with your business name. This guide will introduce you to several considerations you should…
3 Inspiring Serial Entrepreneurs You’ve Never Heard Of
The term serial entrepreneur is now synomous with continual startups and acquisitions by Tech companies like Google but what about the serial entrepreneurs you’ve never heard of. The silent millionaires and billionaires staying out of the limelight and just building their business empires – getting results and making a difference. Branson, Jobs, Gates… you’ve heard…
4 Reasons Most People Should Not Build A Tech Startup
I started in business at an early age, I am by nature a very techy person – I’ve always been good with computers, I used to do some programming on the side – yet I believe there’s a false romance about being a tech startup. Being a “Veteran” young entrepreneur, I’m constantly meeting other young…
Convincing A Seller Their Business Is Worthless
http://media.blubrry.com/businessbuildersacademy/s3.amazonaws.com/businessbuildersacademy/Podcast/BBAE5_Convincing_A_Seller_Their_Business_Is_Worthless.mp3Podcast: Play in new windowI want to talk to you about a question that a Business Builders Academy student recently posed. He asked me, “When You’re Negotiating To Buy A Business, How Do You Convince Them Their Business Is Worthless?” This question actually threw me back and little… Destroying People Won’t Make You Successful [0:39]…
The Biggest Mistake You Can Make When Negotiating To Buy Or Sell Your Business
http://media.blubrry.com/businessbuildersacademy/businessbuildersacademy.s3.amazonaws.com/Podcast/BBAE4_The_Biggest_Negotiation_Mistake_You_Can_Make_When_Buying_And_Selling_Your_Business.mp3Podcast: Play in new windowToday I want to talk to you about negotiation skills and techniques, specifically the biggest mistake you can make when they’re negotiating to buy a business. Let’s Paint The Picture [0:00] The Mistake Is Focusing On ONE Thing [0:43] Have An Abundance Mindset [1:49] Negotiations, are really… [2:18] Let’s Paint The…
How An 18 Year Old Can Borrow $1 Million Dollars From The Banks to Buy A Business
http://media.blubrry.com/businessbuildersacademy/businessbuildersacademy.s3.amazonaws.com/Podcast/BBAE3_How_an_18_Year_Old_Can_Borrow_1_Million_Dollars_From_The_Banks_to_Buy_A_Business.mp3Podcast: Play in new windowToday I want to talk to you about a question I was recently asked by Troy in New South Wales. He asked… “I’m an eighteen year old, and can I get a loan from the banks for a million dollars to buy a business?” The Short Answer Yes, but without knowing…
