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Set money saving goals Setting goals and keeping track of expenses sounds so simple, yet many of us come up short in this area. Doing this right could be the difference between ramen profitability and leapfrogging your breakeven point. Keep in mind that what you need to earn to hit your financial goals will be […]
As an entrepreneur, you’re inevitably going to wear many hats. It’s easy to overextend yourself in the name of quality control — like a kid in a candy store, you want to touch everything. Eventually that mentality will have negative consequences, so learning how to edit yourself is key. It’s important to consider outsourcing. Draw […]
Your network is your net worth! Get out of your comfort zone and start networking. Building your business without support from other entrepreneurs is a great way to run out of cash fast. Here are 5 ways to expand your network and meet more entrepreneurs. (With a bonus tip!) Join an Incubator As Y Combinator […]
Working 24/7 has been over-glorified in the entrepreneurial community. What we too often forget is what separates great entrepreneurs from good ones is: efficiency. If the Pareto principle tells us 80% of the effects-output comes from 20% of the causes-input, we have to ask ourselves if we’re really being productive or just staying busy? Here […]
One of the top three reasons why startups fail is because they don’t have enough money to keep their doors open. Consider some ways to deduct startup costs. Maximizing deductibles to relinquish cash is crucial for the longevity of early stage startups. Have you started a company recently? Did you incur some expenses before you […]
To maximize automotive deductions, it’s important to remember to keep organized records of the transportation expenses you incur. The IRS states that you need adequate records and documentary evidence. It could seem daunting depending on how you manage your finances. Automating the process with tools like Veryfi make it extremely easy to track. There are […]
Every year, more and more entrepreneurs are switching to their home office as their primary place of work. Do you work from a home office? Writing off your home office can significantly help put money back in your pocket. For entrepreneurs and self employed this means more cash in hand; for a new contractor? Marketing […]
On the first day of Christmas we’re saving more money! We’re singing a different tune as we approach the new year. In honor of “12 days of Christmas”, we wanted to gift you 12 tips to help you save more money in 2018. We believe one of the best gifts you can give is education […]
