Entrepreneurship

How To Start A Business: Bootstrapping To 7-Figures

Are you wondering how to start a business, especially as the pandemic created so much job uncertainty? You’ve come to the right place. My friend Michael from Financially Alert, shares his tips on how to start a business after starting and selling one before. Michael took an early retirement in his mid-thirties to be fully present […]

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When People Doubt You, Just Keep On Winning

When people doubt you, just keep on winning. If you keep on winning, people will eventually shut up and leave you alone. As a winner, they might actually start respecting you! But you don’t really care because you don’t care about prestige. After 10 years of grinding away, one of my friends sold his business

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How To Become A Rockstar Independent Contractor / Freelancer

The government estimates that roughly 31% of the American workforce are independent contractors / freelancers. Meanwhile, Intuit did a study several years ago saying that 40% of the American workforce, or ~60 million people will be freelancers, contractors and temp works by 2020. Well, it’s 2023 now and more people want to know how to be

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The 10 Best Reasons To Start An Online Business

Starting an online business changed my life for the better. I’ve technically been a business operator since 2009, when I started Financial Samurai. Financial Samurai really didn’t make any money for the first two years, but I stuck with it. In this post, I want to share the best reasons to start an online business,

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Early Retirement Is Exactly Like Being An Entrepreneur: Awesome!

Everybody fantasizes about being their own boss. Yet very few people take the leap of faith because they either don’t have an idea, don’t have the financial means, or don’t have the confidence to execute. But I tell yah, early retirement is exactly like being an entrepreneur: so awesome! It took me almost three years

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Why I’ll Always Regret Selling My Online Business For Millions Of Dollars

During my exploration process of selling Financial Samurai, I consulted with a friend who sold his website for $2.8 million some years ago. He offered to share what transpired, what he would have done differently, and why he wished he would have held on. He regrets selling his online business. The numbers and timing have

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Increase The Value Of Your Professional Network By Befriending These Five Archetypes

Your professional network is incredibly valuable in order to get ahead. With a strong professional net work, you will have more professional and personal opportunities. More people will root for you and want to support you. This posts shares how you can increase the value of your professional network. For 10 years I acted as

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Is Delusion Ruining Your Life? Let’s Talk Dunning-Kruger

If you are suffering from Dunning-Kruger, it means that you are suffering from delusion. And if you’re suffering from delusion, that means there’s a large disconnect between reality and what you believe to be true. Don’t let delusion ruin your life! Delusion is one of the key reasons why people end up miserable, alone, and

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How To Build A Stronger Brand For Your Business, Blog, Or Career

Build your brand and eat like a king forever. Ignore your brand and starve like a mendicant waiting for scraps. This post is about how to build a stronger brand for your business, your blog, your podcast, or your career. A brand cannot be developed over night. It must be carefully nurtured. Along the way, your brand

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What’s The Right Ratio Between Salary And Distribution To Save On Taxes And Avoid An Audit?

Every year, as a small business owner, I like to ask my tax accountant: What’s the least amount I can pay myself in salary and bonus before the IRS comes knocking? Every year, he comes up with a slightly different answer. The IRS is smart and is always changing the rules, usually to its benefit.

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