Knowing When To Quit
There's an old song that goes "You've gotta know when to hold 'em. Know when to fold 'em. Know when to walk away. Know when to run." It's true in poker - and it's true in business. When...
What is e-commerce: definition and meaning
E-commerce, or electronic commerce, refers to online marketplaces for goods and services and the buying and selling goods and services over the Internet. It has revolutionized businesses and opened new opportunities for entrepreneurs and established businesses. In this...
Be Yourself
Let's assume that you've been reading this blog from the beginning. And if you haven't, why not? There's tons of great advice you can put to work for you here. If you're a first timer, or have only...
An Honest Assessment
It’s no hardship to say something like “it is important to be honest when dealing with your customers and clients.” That’s not a controversial statement because it is, of course, quite true – other than shady businesses that...
Building Your Team
Starting, building, and managing a business may be your best chance to earn a real return on your investment, but it’s no cakewalk. The small business failure rate is substantial – in fact, on average only 29% of...
Exit, Stage Left
A topic that’s seldom come up on this blog before, though one that is incredibly important, is what to do when a business fails. We’ve already established that things will go wrong, and that there’s a good chance...