Dr. Thomas O’Grady is a business expert with a Ph.D. who has also cracked the Soviet code three times. He is the author of the book, The Mechanics of Breakthrough Success and the podcast, Life Unsettled. I spoke with Dr. O’Grady recently, and he gave me some very valuable tips to share with Smart Hustle...
If you’re the owner of a popular local hotspot or a large manufacturing business that counts its annual revenue in the millions, valuing the company and finding a buyer for it is not a difficult thing to do. Investors and eager entrepreneurs line up for opportunities like that. But what options are available if you...
One of the best ways to increase cash flow is to not set aside any money for your tax payments. And one of the best ways to not have cash flow is to miss your tax deadlines and get slapped with back taxes and penalties. Taxes and cash flow collide for the same reason that short-term and long-term...
If you don’t know what a FICO Liquid Credit Score is, you aren’t alone. Of all the measurements out there for business and personal creditworthiness, this one may be the most unfamiliar to business owners. But even though this number is not new, it has been gaining traction among lenders ever since the SBA...
Small businesses face several challenges, including trying to break even, establishing customer loyalty, branding, and marketing. There are small business mistakes made in these areas, but they can easily be overcome with the right skill set and objectives. Legal mistakes, on the other hand, go unnoticed but later come back to hurt the business. Most...
The last ten years have revolutionized the financial landscape. The Recession and new technologies have paved the way for a new type of financing, called alternative financing, which offers non-traditional financing or uses technology to make quick decisions and connect borrowers and lenders (think Kickstarter). The alternative financing landscape is exploding – according to...
Despite the rewards, entrepreneurship comes with inherent risk. Of course, there's the risk of failure, poor investments, or not making enough profit to live on. Those are the fears that keep most people from starting a business. But those risks aren't the ones we're here to discuss. Today, we're talking about the risk of...
If you spend any time reading about finance and small business borrowing in the media, you know the last several years have seen a lot of changes. If you’ve spent any time looking for a small business loan recently, you’ve probably experienced some of those changes. In the same way companies like Expedia, Airbnb, and...
Starting a business can be the most exciting career move in your life. You’re passionate about your ideas, and you can’t wait to share them with the world. The urge to move forward fast can be your biggest mistake, though. Every successful business owner will tell you: there is a lot you need to research...
[content field="callout1" format="true" class="calloutwide"]Launching a startup is uncharted territory for most people. There are many considerations but no map to guide the way. When you read about the most successful startups of all time, most people focus on the great idea that made the company famous. An excellent business idea is important, but the...
