It's tax time. Each entrepreneur and small business owner strives to get to the point where your company is making money. Phrases like “positive cash flow” or “break even” are music to the entrepreneur. When we get to that point, what goes hand in hand with making money is paying taxes on that income. But as an old Northwestern law school professor used to say, “Taxable income is better than no income.” Every entrepreneur should be so lucky.

Cash is like that foot injury from years of ballet. We feel it in every step. We feel it every day and at least once a day it flares up. It clouds our judgment […]

Negotiating first and foremost is about leverage. Unfortunately, in the early stages of a venture, you have little leverage. You often are underfunded, unknown, working on an unproven […]

My guess is that if you’ve an entrepreneur, you are experiencing at least one of the following feelings: You’re carrying the world on your shoulders. You […]

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Your day […]

What We Feel: There are so many times when things seem impossible—times when you don’t have the resources, money or wherewithal to accomplish […]

WHAT YOU FEEL: in response to every question, you can’t help but spout every detail of every detail of the business

PERSPECTIVE: We’ve all […]

Cash is like that foot injury from years of ballet. We feel it in every step. We feel it every day and at least once a day it […]

We lose perspective as entrepreneurs. One of the reasons I wrote this book, was to help people recognize this and manage our teams and ourselves through it. We lose […]

Everyone understands that entrepreneurial ventures don’t succeed or exist without hard work and dedication. But that doesn’t mean you can ignore the needs and feelings of those […]

Everyone has competition. In a complex global economy with increasingly sophisticated technology, competition can occur almost immediately and from any corner of the world. If you or […]

When you or people in your organization say things like “our customers are clueless” or “we can sell that to them”, it sends a clear message not only […]

What We Feel: The market needs your solution now. You can’t understand why it is taking so long to get investors, win customers or attract employees. Doesn’t […]

The Lonely Entrepreneur Interviews: Entrepreneur John Lee Dumas

The Lonely Entrepreneur Q&A  discusses the struggles, perspectives, and successes of starting your own business with other entrepreneurs. […]

Let the Business Sell Itself. Don’t hard sell your organization. Let your offering sell itself. How do you do that? Use points of validation by third parties—the market, […]

WHAT YOU FEEL: something goes wrong and you start to think to […]

What We Feel: Employees want. Customers want. Investors want. Board members want. Family wants. Keeping everyone aligned is hard. Keeping everyone happy is daunting.

In the beginning […]

For us  – the entrepreneurs and business owners, everything IS a priority but you don’t have enough fingers and toes to plug all the holes.

PERSPECTIVE: there are 100 hours […]

Unless you’ve been there, and been there with your money, it’s hard to imagine the feeling. One of the reasons entrepreneurs get frustrated with people trying to give […]

The Lonely Entrepreneur Interviews: RJ Pahura, Founder and CEO of Venture Connects

Once a month, The Lonely Entrepreneur interviews an entrepreneur who is in […]

Every entrepreneur faces an overwhelming set of tasks to be accomplished. The list is endless. Strategy. Technology. Team. Business models. Plans. Tactics. Functional areas. Branding. Staff. […]

What You Feel: your company is struggling and you don’t know what the root of the problem is. Your value proposition is clear but you […]

Perspective is not simply a solution to a single problem or common entrepreneurial challenges. Rather it is the energy that brings new life to a challenge. […]