July 28th, 2009

Book Review: Young Guns, The Fearless Entrepreneur’s Guide to Chasing Your Dreams and Breaking Out on Your Own

I’ll tell you right now, this review doesn’t do the actual reading of the book justice.

I’ve read many business books in my day. There have been some that have been a total waste of time and some that have helped me along my way of becoming an entrepreneur. This book, however, has been more of a gem than I ever thought possible. This book is less fluff and ‘Ra-Ra’ chatter, and more about an action plan, backed up with personal anecdotal stories from a person, who had a dream, thought, and passion for an idea and did something about it.

Young Guns is broke down into 16 chapters. Some of the chapters are:

The Decision (chapter 2)

The Big Idea (chapter 3)

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July 13th, 2009

Now is the Best Time to Start a Business says Robert Tuchman

This is a guest post by Robert Tuchman.

The task of starting a new business can be daunting.  It takes a lot of time, responsibility, and effort.  And with the state of national economy, starting your own business can be even harder.  In this tough economic climate, there are a few things you can do to ease the financial burden and accomplish your entrepreneurial goals.

One thing you can do to brace yourself is to go back to your suppliers—to your telephone provider, landlord, car dealer—and renegotiate.  Go to the people you are paying out to, and renegotiate on the contracts you had made with them.  See if they are willing to cut you some slack.  Although they are dealing with the same slow-down as you are, you will find that they are more willing to do you a favor than lose you as a customer.

I cannot stress enough the need for products you are selling to be presented in more detail.  You must make the clients understand who you are and what your product is. Market better!  Understand where people are coming from: be compassionate with their concerns.  Be willing to work out payment plans for potential clients.

Save money using technology: take advantage of email and video conferencing.  You should email documents rather than sending them via snail mail.  This will save you in postage and in paper.  Also, instead of driving or flying to meet with a client or vendor, you should videoconference with them.  Both of these will save you time and money.

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