Thursday, August 28, 2008

Best Lemonade Stands in America

A couple months back I posted about a contest searching for the Best Lemonade Stand in America Contest that was being held by Inc.com. Well...the results are in and the Best Lemonade Stand in America has been named.

Kids from a crossed the country went out and ran Lemonade businesses and then submitted their stories to Inc.com. A business that has been around since the old joke of the fireman being called to get the cat out of the cat trees, this business is a fundamental learnign tool for small (literaly) business owners.

Take a look at who won here.

Monday, August 25, 2008

Juggling a Business and a Family

An article I read today posed a very important question for business owners: How's the Family? This question seems like it won';t be a big deal when running a business, but myself, and people I know getting into to business know that this is a very important question. When you first start out in a business you have to be dedicated. With dedication that means you are going to spend most of your day sweating for your business.

Are you spending time with your wife? Kids? Do you help with things around the house like seniding out Halloween invitations for yuour kid's Halloween party?

The article above is pretty short, but it makes a very good point. HAving a business can't be used to give the excuse "I'm doing it for my family!". Certainly if your business takes precendent over your family, you may not have your family for very long.

Sunday, August 24, 2008

Small Business Money and Time Tips

Running a small business is quite stressful. In fact, many times I may have to bust out the pimple cream from the excessive sweat I pour into mine. So...when someone offers some tips that they have found to not only save some precious time, but money as well I usually will at least hear them out.

Something that I have always used to save me tedious extra work, as well as time are business credit cards. The simplicity of it all make for so much less work. Doesn't matter what sort of business I have run, be it running a shop on Ebay that sell s new items purchased from distributors, or just running an office with employees. The biggest thing about it is that the parerwork it cut back on was phenomenal. Of course it is very fast and efficient, but when running expense reports the card does all the work for you. Account statements online are just plain handy.

I read an article that goes a bit more in depth about the use of business credit cards today and thought that I would share. Take a look

Millionaires Before 40

So...how do you get rich at a relatively young age with out being a sports/music/movie star, win the lotto, or inherit it? Entrepreneur.com is featuring some young millionaires who are sharing some of the things that helped them become wealthy at such a young age.

These are asome pretty good profiles of hard working dreamers who have realized their dreams well before most millionaires. Want your name on promotional pens because you are making bank? Take some tips from these young start ups.