How to Create Financial Projections for your Startup
Are you an entrepreneur in need of creating financials projections for your startup? Over the past year, I’ve been introducing my startup theory, currently called the Four Pillars of Startup, to my communities and have received ample excitement for the third pillar focused on Startup Financials. I wrote two columns on the topic (What are […]
What are the Startup Financials You Need to Know? Part 2
Startup Financials You Need to Know In the first part of this particular series, I introduced the first two aspects of your startup financials that you must understand in order to properly prepare your idea for launch. As a reminder, they are the investment to start and the economics of the business. If you’re just […]
What are the Startup Financials You Need to Know? Part 1
Quick Recap Last column, I introduced the second pillar of startup and broke it down into 5 key areas of understanding. Here’s a short refresher. The second pillar of startup is building the product or service. In order to reach its full potential, you must first understand your value prop, the competition, how you’ll differentiate, […]
How to Manage your Personal Finances with Simple Budgeting
Graduating from College without a Financial Strategy When I entered college at Quinnipiac University in 2008, I made a goal that by the time I graduated I would be able to fully support myself. My parents had shelled out thousands of dollars to support my growth throughout the first 18 years of my life and […]
Do You Have a Million Dollar Business Idea?
Throughout my life as an entrepreneur, I have read tens of books, listened to hundreds of lectures, and discussed the topic of creating a million dollar business with handfuls of entrepreneurs. Each time, the conversation goes in a different direction dependent upon the source. When beginning to work on a new idea, one of the most important […]
What is Revenue, Cost, and Profit?
In this post, I will answer the question that all professionals and entrepreneurs must understand in order to succeed in the world of business: What is revenue, cost, and profit? Through my experiences as a student of economics at the Lender School of Business and as an entrepreneur running a multi-million dollar business, I have discovered […]
What Are Your Startup Expenses for a Business Selling Your Skills?
So you have this awesome skill and you know you can sell it. But what would your startup expenses be like? Starting a business can cost you big time. Even if it’s just you building a presence to get the word out, you can end up bleeding cash. It doesn’t have to be that way, […]
