Entrepreneurial Lifestyle

A “Lifestyle Entrepreneur” is an entrepreneur who makes their living online. They don’t have a physical location or need one to operate. Get the Entrepreneur Lifestyle too.

Pros & Cons Purchasing An Established Business

Know the Pros of Purchasing an Established Business!

Going into business for yourself is an exciting idea that requires cautious consideration. In addition, it's contingent upon what you’re searching for in a business. The options are to begin your business from scratch by starting a start-up or to purchase an established business instead. Both of these options have advantages and disadvantages so they ought to be weighed cautiously before any commitment is made. In this article, I listed the advantages of purchasing an established business. Let’s get started…

Why You Should Stop Working in Your Business

Entrepreneurial Lifestyle, Mindset

When I first heard Michael Gerber (the guy who wrote "The E-Myth") 5 years ago, I didn't think too much of him. I read some of his stuff, nodded my head and moved on to the next guy. Didn't seem too revolutionary. That's changing. Recently, I've been watching everything I can find about Michael on YouTube. I've listened to one of his seminars on Audible 5-10 times. I'm devouring his stuff. Why?

Know the Cons of Purchasing an Established Business

Entrepreneurial Lifestyle

Going into business for yourself is an exciting idea that requires cautious consideration. In addition, it's contingent upon what you’re searching for in a business. The options are to begin your business from scratch by starting a start-up or to purchase an established business instead. Both of these options have advantages and disadvantages so they ought to be weighed cautiously before any commitment is made. Last month, I listed the advantages of purchasing an established business. Now, I’m going to share with you the disadvantages...

Every Entrepreneur is Just LIKE an Elastic Band

Entrepreneurial Lifestyle

The analogy I will be giving today is that every entrepreneur is like an elastic band. When you stretch the band a little bit, it will always spring back to it's original size. When you stretch moderately, the same thing will happen. But, if you stretch it almost to the point of breaking... then you'll notice it springs back to a slightly larger version of it's original size. Keep doing this again and again, and that elastic band will end up double it's normal size. We're just like the elastic band.

You’re Selfish! You Only Care About Money.

Entrepreneurial Lifestyle

Unfortunately, some of the most successful entrepreneurs often get vilified because of their money. They get called greedy. Or selfish. Or dishonest. Often in the movies, the richest characters are also the villains - just think of the last 5 major Hollywood films you saw, and you'll see this is true. I believe that one of the main reasons more people don't get ahead financially, is because deep down they have a belief that to get rich, you've got to do something wrong.