Entrepreneurship

Should an Entrepreneurial High Schooler Go to College?

Andy writes in (I touched up his grammar just a bit): I’m a high school senior. Over the last two years, I’ve built a very successful lawn care business in my neighborhood that filled up my entire summer this year. I will make about $35K this year and I can make a lot more once …

Categories: Entrepreneurship

The Entrepreneurial Drive (Or Lack Thereof)

Whenever I write a post about careers, I usually receive a few comments or emails from readers who are heavily involved in entrepreneurship, chiding me for writing an article that wastes people’s time. “I’m an entrepreneur, and such articles are a waste of time,” they’ll say. “The only real way to get ahead is to …

Review: Young Bucks

Each Friday, The Simple Dollar reviews a personal finance book of interest. Writing about kids and money is a fairly sticky topic. I’ve read several books on the topic and only bothered to review a few on here. The best one I had read so far, David Owen’s First National Bank of Dad, was really …

Review: Honey, I Want to Start My Own Business

Each Sunday, The Simple Dollar reviews a personal productivity, personal development, or business/entrepreneurship book of interest. When I look at my life, it becomes quite clear to me that if I ever wanted to start a small business (and, no, I don’t quite consider my solo writing gig to be a small business, although big …

Review: Seven Years to Seven Figures

Each Sunday, The Simple Dollar reviews a personal productivity, personal development, or business/entrepreneurship book of interest. I like Michael Masterson’s books. In the past, I’ve given high marks to three of his works: Automatic Wealth, Automatic Wealth for Grads, and Ready, Fire, Aim. Because of my enjoyment of his other books, I decided to look …

Review: Ready, Fire, Aim

Each Sunday, The Simple Dollar reviews a personal productivity, personal development, or business/entrepreneurship book of interest. One topic that doesn’t get nearly enough coverage on The Simple Dollar (or on other blogs as well) is entrepreneurship – the transformation of an idea and a passion into a full-fledged business. It can be a splendid way …

My Entrepreneurial Inspiration

Since quitting my “real” job to become a full-time writer, I’ve heard many rather negative comments from friends and family who seem absolutely shocked that I’d quit a stable, solid-paying full time job to hide in my home office every day. The comments went all over the place, ranging from a general idea that I …

Categories: Entrepreneurship

Review: Built to Last

Each Sunday, The Simple Dollar reviews a personal productivity or personal development book. About a year ago, I began to really look at The Simple Dollar as the beginnings of a small business – likely one that would only ever have one employee (me), but a business nonetheless. I proceeded to dive into a big …

Encouraging Young People to Be Entrepreneurs

When I was young, I was a budding entrepreneur. In the late 1980s, one could easy get forty cents a pound for aluminum, so I adamantly collected cans. I provided garbage cans for neighbors to toss their empty cans in, then I would go on a route and collect those cans, adding them to my …

Categories: Entrepreneurship

How To Start A Business: 10 Things To Do First

I’ve had the opportunity to launch two successful small businesses in my life. Because of this, I regularly get emails from readers who are quite excited about starting their own business. They write out their plans to me and send it on, hoping to get some feedback on their ideas. What I’ve found, though, is …

The “Seed Money” Idea: A Different Way of Looking at Saving for Your Child’s Future

A few days ago, I had lunch with a person in the local community whose opinion I respect quite a bit. He has two adult children, only one of which attended college straight out of high school, and both of which run their own business. What I wanted to know from him was how exactly …

7 Things You Can Do Right Now To Chase Your Dreams

My last post, on figuring out where I should go next with my lfe, drew an outpouring of great comments and a lot of emails to me. Many of the emails asked me how exactly I put myself in such a position. How did I find the time to get started on such a lark …

Categories: Entrepreneurship

How To Minimize The Cost (And Maximize The Benefit) Of Eating Out For Business

I’m a pretty avid follower of the “brown bag club” – I take my own lunch to work very regularly and have some soup at my desk for the days when leftovers aren’t present. However, there are simply some times where, for business or social reasons, I must eat out with others. Here are seven …

Multiple Income Streams: How They Can Work For You

Not too long ago, the only method I had for earning money was my job. I’d get up, go into work, come home, and collect my paycheck – and I believed that was good enough for me. When I had children, though, I began to realize that my life was not all that different than …

Taking The Leap Into Entrepreneurship: Where Is That Financial Safety Net?

I’m a big advocate of entrepreneurship and I truly admire people who take the plunge. Here’s a question from a brave reader who went forward with his dream. I’ll call him Walt, for fun, after a character in one of my favorite books: I’m starting a personal training business, and I’ve been marketing for about …

Building a Better Blog: Celebrate With Your Readers

As you continue to blog, your regular readers will eventually grow accustomed to your voice as a writer, even if you write in a mostly factual fashion. Over time, you’ll come into contact many of your readers by email and comments and you’ll begin to establish a relationship of sorts with them. What does this …

Categories: Blogging

Building a Better Blog: Don’t Forget the Fundamentals

When I’m actively blogging, I often assume a great deal about my readers and their pre-existing knowledge of my topic. I often go so far as to assume that, even after I’ve researched a topic, I’m roughly on par with them in terms of really understanding the topic, so I focus on my own reflections …

Categories: Blogging

Building a Better Blog: Don’t Clutter It Up

When a visitor comes to your site, the first thing they’re looking for is content. They want to see what you’ve written and they don’t want to be distracted by confusing things. The more confusing options you throw out there, the less likely they are to feel welcome on your site and the less likely …

Categories: Blogging

Building a Better Blog: Talking To Other Bloggers

Many bloggers operate in a bubble. This bubble includes themselves and perhaps a small number of bloggers that focus on topics similar to their own. I know that this is often true, even for me: I talk to a lot of other personal finance bloggers, but I rarely communicate outside of my own “circle.” So …

Categories: Blogging