Prosper Strategic Finance, llc

Entries for the ‘Entrepreneurship’ Category

Spend Money to Make Money

Does this sound familiar, “I don’t have the money to hire an administrative assistant (or insert other service provider here such as PR expert, advertising agency, etc.)” It is the trap of the small business owner. You are so busy doing the work in your business that you are not working on your business. The [...]

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Talk About Success

Join me tomorrow, October 21st (Wednesday) at 2 p.m. PST as I join my friend Dave Lindbeck on this radio show to discuss business plans. Listen here: Talk About Success.

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Outsourcing – Helpful or Headache?

In every newsletter I read, the message of outsourcing is prominent. In the past I have hired independent contractors to help me with projects or administrative tasks. I have had both good luck and bad luck with this endeavor. One of my independent contractors worked with me for almost two years. Another never showed up [...]

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Contingency Planning

What if? What do you do when things do not work out the way you planned? Do you have a back-up plan, i.e., a contingency plan? When an entrepreneur is starting a new business all they see is opportunity. They may consider, for just a moment, that things might not work out they way they [...]

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Create A Mastermind Group

About nine months ago I created a Mastermind group. Even though I have a business coach, I wanted to be held accountable by someone in addition to my coach – it is too easy to tell one person you did not reach your goal, but harder to tell two or more people the same! Also, [...]

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Is Cash Really King?

You have heard the saying before, “Cash is King!” A friend of mine used to tell business owners they need to know how much money they have in the bank everyday. While this is good advice, I think many business owners focus too much on cash and not the business activities that bring in or [...]

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Entrepreneur vs. Employee

Are you an entrepreneur or do you prefer to be an employee? Not everyone has the traits to be an entrepreneur and some folks don’t make good employees. In college a few of my friends had the idea that someday they would own their own business. I didn’t think I was the entrepreneur type. It [...]

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10 Traits Necessary to Start a Business in This (or any) Economy

More new businesses are started in periods of recessions than in strong economic markets. This makes logical sense because people who have been laid off search for other avenues to earn money to support their families. Every entrepreneur is driven by something different and they have a varied skill sets. There is no one “right” [...]

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