Category —
Entrepreneurship

How to buy a small business

Written by Paul on December 7th, 2008

For certain people, entrepreneurship is less about some high-tech idea put together by some college engineers and more about doing something tangible — like running a car wash or buying a bar. After all, what’s better than waking up and collecting cash from people that want to have their car cleaned every day or just want to hang out at your little dive bar?

Unfortunately, it isn’t quite that simple.

The economy is in shambles, real estate valuations are tanking and most …

Perfection is the enemy of good enough

Written by Paul on November 9th, 2008

I am constantly aware of people unhappy about certain aspects of their business. Some are understaffed and overwhelmed with the sheer number of things they need to do. Others go on and on about how the economy sucks, customers are harder to find or that they simply can’t find good people to work with. But – and this is a big “but” – they never actually get started. Chances are, you know people like this too.

The fact of the matter …

So, tell me what you do again?

Written by Paul on September 17th, 2008

I was visiting my home, just outside of DC, this weekend and met a number of great folks involved in a wide range of industries. As I sit here on the ride back to San Francisco, I’ve been thinking about one particular entrepreneur that struck me because I still don’t know what he and his small business do, even after chatting for 20 minutes. (To protect the innocent, I won’t call him out publicly but I’m working with him privately …

Getting Past "The Wall"

Written by Paul on August 28th, 2008

The most common phrase I hear from entrepreneurs is, “Get me to the next level.” Within a few minutes of chatting with them, it’s usually very obvious that they have a very real feeling of being stuck.

What “the next level” actually is varies depending on who you talk to but the good news is many of the factors that block reaching it are surprisingly the same. …

How Going Out To Lunch Made Me Rich

Written by Paul on August 1st, 2008

Like most people starting out in their careers, I was making chump change while trying to pay for school and figuring out what to do with my life. To be honest, I ended up wasting most of my money on overpriced (and horrible) food at school instead of accepting near-daily invitations to head out to lunch with a group of people from work. (My excuse was that I was saving money by avoiding real restaurants and that somehow hanging out …

6 Tips to Nailing Your First Job Interview

Written by Paul on July 11th, 2008

This is a guest post by Aman Bagga, a single 20-something located in Cleveland, OH.

So you’re finally here. After 4 years of tailgating, beer pong and skipping class you’ve decided to join the working ranks. Congratulations! Now all you have to do is nail that job interview and get your first REAL job. Wait, isn’t there a 7-year plan?

Chasing "millions" of dollars is for chumps

Written by Paul on July 9th, 2008

Putting all of your eggs in a single basket is never a good idea – the problem is that too many of us do it anyways. Worse, many people seem to think that all it takes is “one good idea” to make millions. These people are crazy – you should ignore them.

On a side note, it always makes me laugh when Indian people use Bill Gates and Donald Trump as the standard by which success is measured. (Anyone that grew …

Small Steps Lead To Big Results

Written by Paul on June 30th, 2008

A body builder doesn’t lift weights 100,000 times in one workout to get huge, they’ll break it up into a couple of workouts per week over the course of years. Consistently taking small steps forward is the most fundamental rule to success. Whether it be in personal finance, self improvement or weight lifting.

Bench Press

Over the years, I’ve made a number of small steps (including

Skip the Quarter Life Crisis: 5 Tips on Finding Your Second Job

Written by Paul on June 24th, 2008

This is a guest post by Aman Bagga, a single 20-something located in Cleveland, OH.

Okay, so you’ve been out of college for a few years and you’ve realized your first job isn’t exactly what you expected (see: making spreadsheets). Don’t worry! Before you hit the quarter life crisis, you can follow a few simple steps to make sure you get yourself back on track.

  1. Have a Plan. Alright, this sounds really simple. It is. The hardest part is finding the motivation

Summer Interns: Rules of the Road (and How to Kick Ass)

Written by Paul on June 16th, 2008

I feel old. It’s summer and interns are all over the place.

Although I was an intern for only one summer long, long ago – I’ve undoubtedly known a number of friends that have experienced multiple internships. As with most workplaces, I’ve seen some come away with an enriched vision that could only be obtained through rewarding work with talented professionals while others have left disappointed, frustrated or much, much worse.

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