Category: Entrepreneur School

Top advice from top billionaires

10 Top Billionaires Give Advice To Entrepreneurs

There is no doubt that billionaires are the most financially successful people. Their fortunes prove that very well. Also, there are just 1 645 billionaires in the world (by the time this post was written). This number, compared to the number of all the people on Earth, is extremely small. Billionaires are just 0.000000023% of the population or 1 billionaire in 4.4 million people. These guys have really made it big, and this is why it can be very helpful for any entrepreneur to learn from their experience. In the following infographic, you can see the best advice from some...

McDonald's Logo, 2012

Franchising Definition – What Is It And How Does It Work?

Franchising is one of the greatest ways to start your own business and be your own boss and at the same time take advantage of an already established brand and business operations. This is why everybody should know what it means. Here I will throw some light on the matter, giving you a very simple franchising definition. We will see how it works and will go through its main advantages and disadvantages. How Does Franchising Work? An Example With “John’s Bread” Imagine that John has built a successful bakery and makes a really fine bread. For the last years, his...

The Founders Dictionary

Entrepreneur’s Dictionary – The Most Important Start Up Words You Need To Know

Like in almost any other area, entrepreneurs have their own slang. The guys from the online courses provider – Udemy has decided to make a kind of entrepreneur’s phrasebook, where you can see some of the most common buzzwords founders of new businesses use. I was surprised about how many words I didn’t know, but I quickly amplified my knowledge. Some of the terms are really joyful and I thought it would be cool to share them here.   Entrepreneur’s phrasebook For better readability, you can click on the image to enlarge it. Don’t forget to share this post if...

What Is Financial Leverage? The Basics For Dummies

What Is Financial Leverage? The Basics For Dummies

Financial leverage in simple words is simply a way for achieving bigger results with the relatively small amount of capital/financial resources. This is usually possible with the help of credit, but leverage could also be achieved with the help of some financial instruments like derivatives. In the most common case, borrowing against the initial amount of capital is what actually leverage is. This way one increases the power of his/her money, by adding some more on credit secured by the money. It is used everywhere in the financial world and its main purpose is a greater financial result. Sometimes all...

The Habits Of Successful People vs Unsuccessful People’s Ones

Do you hate changes in your life? Do you like taking all the credit for your successful activities without sharing it with the people who helped you? Does the success of the others cause envy in you? Do you watch TV every day? These are some very ordinary questions but at the same time, they can suggest if you are successful or not. If the answer to most of these question is yes for you, you are probably not much unsuccessful in life… Otherwise, you might be a successful person. Do you think that this is true? I do, because...

Successful anfter their 30s

12 Successful Entrepreneurs Who Worked A 9-5 Job Until Their 30s

Have you ever had the thought ‘It’s too late for me to start a business’ running through your mind? You might have even believed in it, but here are 12 good examples of why you shouldn’t have. The guys and gals from fundersandfounders.com have made this cool infographic, on which you can see 12 super successful entrepreneurs, who were ‘ordinary people’ working ordinary 9-5 jobs like most of the people. And they had been doing this till their early 30. Did you know that Harrison Ford was a carpenter until he turned 30? Joanne Rowling, the author of Harry Potter lived...

Never Never Never Give Up! This Is How You Succeed…

Never Never Never Give Up! This Is How You Succeed…

Rich and successful also cry. Failure is not a rare event even among the greatest entrepreneurs and inventors. What they do differently is that they just try again, without losing motivation. “Never never never give up” once Winston Churchill said in a very famous speech. Persistence is the quality that can make miracles with anyone. Most of the people simply find it easier to give up something, instead of giving it another shot. But why is this? There might be so many answers to this question. According to me, some of the main reasons are not that much. Many people,...

Tips on making a good business plan

How to Make a Business Plan? 10 Crucial Tips To Help You Out

Making a good business plan is essential for having a successful business, especially when you are starting up. You just need one, even the though it’s not the perfect or the most professional one. It’s the resume of your business, it describes how exactly your company makes money, which is crucial information for all of your potential investors and partners. Putting everything about your business model on a paper is something that not only will help you follow it, but also it’s a must if you want to find financing for your idea. Nobody invests in a company without a...

The Power Of Taking Action – This Is How To Achieve All Of Your Goals

The Power Of Taking Action – This Is How To Achieve All Of Your Goals

There are many cool business sites, where you can read some really cool business advice. You can be drawn in an ocean of recommendations, how to articles and how to be successful posts. But things in many cases are more simple than it seems. This is how things are in business, too. To be successful, you need to start with the simple things. And what would be so simple and so important about your success? This would be to take action. This is also one of the things you can do nothing without. Without taking action, you become a victim...

Bradley Whitford’s Speech At The University of Wisconsin in 2004

Bradley Whitford’s Speech At The University of Wisconsin in 2004

We found an interesting speech, in which you can learn some more about the importance of taking action. It is the commencement speech of actor Bradley Whitford, held in 2004 in the University of Wisconsin. It’s a little longer reading, but it’s worth every second you spend on it. Taking action here is the sixth point of his rules for success, but not the sixth by importance. Here you can take advantage of some other and really inspirational thoughts, too. The Commencement Speech Of Bradley Whitford At The University of Wisconsin in 2004 It’s great to be back in my...