Blogs

“The major assignment is due on Monday, and, I won’t lie, it requires a lot of work.” Wide open eyes, deep silence, I could already hear my students’ heartbeats accelerate.

Your loan application has been denied – now what? Should you give up on your entrepreneurial dream or re-assess your strategy?

As a Business Advisor, I’ve seen hundreds of loan applications. They can be denied for a variety of reasons, but there are some common mistakes applicants make. So if you’ve been denied a business loan, ask yourself these 5 questions:

You’ve decided entrepreneurship is the path for you. Now what? Successful start-ups don’t just happen, and it’s time to lay the foundation for your new enterprise. Too many budding entrepreneurs are seduced by stories of million dollar businesses sketched on the back of cocktail napkins, or mistakenly worry that they must “wear all the hats,” and both attitudes lead to problems. Avoid preventable problems and plan, build and test as your first steps.

Small business ownership, creating your own job, becoming an entrepreneur—no matter how you say it, controlling your own success is very popular and very tempting. Yet, is this the right path for you? Are you ready for entrepreneurship and all it includes? Find out by honestly answering these questions.

Image of woman thinking

If you’re like many creative types, you have a ton of ideas sprouting like seeds inside your head and new ones burst out on a daily basis.

One of the first steps to creating a business is to get those ideas out of your head and down on paper. Writing ideas down makes them more concrete and doable.

Don’t be afraid to do this! There’s a flip side – just because you wrote it down, doesn’t mean you can’t change it later.