5 Thought Experiments to Test Your Business Idea

How do you test your entrepreneurial idea in the absence of practical, real-life applications? Thought experiments allow you to imagine your business from different critical angles, probing it for any weaknesses well in advance of its...
business

6 Reasons Why You Need to Mastermind Your Business

1. Perspective. Distancing yourself from the daily grind provides an entirely new view on your business -- and your life. Your shoulders sink a little bit from their usual position near your ears. Those email messages...

3 Types of Ecommerce Business Models

1. Drop-Shipping Drop-shipping is when you sell items on your website that are manufactured, fulfilled, and shipped to your customers by someone else. Generally, these relationships are established between you and a manufacturer or a wholesaler...

The Simple 4-Step Method to Find Your Profitable Business Idea

If you’re reading this right now, there’s a good chance you want to start a business. Or you already have. And if so, you’re probably doing some agonizing about your business idea. No, I’m not a...

How Changes to the Way We Search Will Impact Businesses

Today’s search engines are one of the primary paths to content experiences on the web. Shopping, research, directions and questions all pass through Google (and to a lesser extent Bing and Yahoo) as the entry point...

Why Personal Branding Must Be Your First Focus

In today’s competitive business environment, it may seem nearly impossible to stand out. But many people have managed to step out of the shadows by opting for a strategy primarily used by businesses themselves --...

3 Routes to Register Your Business Name

There are three key paths to registering and protecting your business name. Here we’ll break down the differences so you can decide which route is best for you. 1. File a Doing Business As (DBA). The simplest...

You Really Could Have a Legitimate Business in a Week

Starting your own business is an exciting and fruitful experience for many entrepreneurs. Yet many people hold the misconception that setting up a company is a complicated, drawn-out process. As a result, they don't follow...

3 Reasons to Consider Converting a Nonprofit to a For-profit

Here were the three reasons that we decided to convert: 1. Social problem vs. pain point Traditionally, nonprofits solve social problems like homelessness, poverty or achievement gaps, and for-profits solve pain points like finding a new apartment or learning...

Why It Is Important To Outsource Your Business

I have ran my own online business for some years now, I operate a media company which looks after around 6 different websites across a number of different fields of interest. In the past I...