3 weeks, 1 day ago
Imagine it's 2006. You're sitting at a table in the back of a bar catching up with some old friends. A couple pitchers in, the conversation begins to shift to starting a business, and inevitably, everybody starts sharing their million dollar ideas.
1 month ago
Curious about the highest paying computer science internships?
4 months, 1 week ago
Want to learn something fast? Failing fast is learning fast, wasn’t it Thomas Edison that said something along the lines that every time you fail that you are just learning how NOT to do something and therefore by process of elimination every time that you fail you are one more failure close to success (unless its skydiving, in which case if you fail you’re probably gonna die). What I am really getting at here is that it is important to get over the fear of failure and just accept that you will fail, and you will fail a lot. But what is important is how you react after every failed engagement. Are you one of those soft individuals that find the need to go hide in a hole and lick your wounds while throwing a pity party after you fail? Or are you one of the few hard individuals out there that can just shake it off, take your lesson and move on? Every time I have tried something new I have stumbled, failed, and sometimes just looked plain dumb (the last part probably just comes naturally..). It’s just part of the territory. Business is really no different than surfing, kickboxing, or whatever your sport is. You really can’t just expect to paddle out and look like Kelly Slater the first time you try and surf! I know that I sure didn’t, I was the goofy dude that fell off of his board while just sitting on it (oh, that’s why I say I often look stupid, hah..). Business is no different. Your failures will form you, they will carve you into the successful person that you want to be. Anymore I just laugh and am thankful for the opportunity to learn and the adventure that I get to experience along the way. And as long as all of my limbs are still attached and i’m still breathing I just get back at it. Just stay up, stay focused, and stay positive!
11 months ago
11 months, 3 weeks ago
There is nothing worse then having to work with someone who plays tit for tat games, behaves in a spiteful manner, and is untrustworthy- you know the type of individual that you have to have sign 50 agreements in order for them to do the right thing. Nobody wants to work with someone like that.. In other words, don’t be a sensitive drama queen- KEEP IT REAL- treat people how you want to be treated, do not take or expect anything that you did not work for, admit when you make a mistake, and do whats right whether its in a signed contract or not.
1 year ago
Truth be told, OnwardPacks started as a senior thesis. With a team of 4, we created the business model from scratch, along with our backpack designs and giving model. It was an academic lesson, but when I launched in June, I found that I done so much research that the transition from academic to reality wasn’t a hard one. Let me break down the business model for you:
1 year ago
"It is better by noble boldness to run the risk of being subject to half of the evils we anticipate than to remain in cowardly listlessness for fear of what might happen"~ Herodotus
1 year ago
Asset protection has become a topic of great interest to professionals, executives, business owners, and real estate developers. In today's fluctuating economy, tough credit market, professional malpractice, toxic waste liability and increasing exposure to tort and contract claims have increased the focus on how to lawfully protect one's assets from creditors. However, asset protection planning is not just for high paid professional executives and the super wealthy.
1 year ago
No. Its a word we all have hear growing. Its one of the simplest ways of saying that something will not work. Nonetheless I have come to view the term "no" as simply meaning try harder.
1 year ago
One of the most important things when you are about to make the shift from employee to self employed is to take some time to asses your current financial situation- what are your reserves? Do you even have reserves? How long do you have until your reserves run out? This is going to be your timeline to make your business start to bring in income. Do you have a spouse and does your spouse make enough to provide for both of you while your business gets going? Think of this as a chess game, you have to make sure that your moves are strategically planned out and if you fail to plan right and run out of operating funds- basically you cant afford to run your business and can’t afford to pay your mortgage, rent, car payment, etc., you’ll be forced to do one of two things- either rejoin the workforce or find an investor who will front you capital in exchange for interest on all money borrowed and/or a percentage of ownership in the business. However you need to be very wary of some venture capitalist as they may insert a few provisions in the operating agreement that will allow them to effectively remove you and take over your business (I have seen this happen). So be careful and be sure to take the time to plan!