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Recovering From Business Failure

Written by Marc on March 27th, 2013 with 4 comments

Business Failure In a perfect world every business would succeed, but in reality that is not the case.  In fact, more businesses fail than succeed, so chances are if you do take that leap of faith in creating a business, there is a good chance that your business just won’t make it.  Like anything worth doing, there is inherent risk in starting a new business venture and even with perfect planning, some things just don’t work out.

While I am not trying to discourage you from starting a business, I just wanted to put the …

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Working at Home With Kids

Written by Marc on February 16th, 2011 with 3 comments

Working at Home With Kids      As the work at home industry has grown over the past decade, the number of kids with parents at home has grown.  This has allowed many parents (like myself) to spend more time with their children while enjoying the financial rewards that a business can provide.  Even though it might seem like a good idea, it doesn’t come without its’ challenges.

One of the problems that I have been plagued with is interruptions from my …

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Child-Proof your Home Office

Written by Marc on November 29th, 2009 with no comments

home-office One of the things that I had always thought was sacred in my home was my office.  I have told the kids a number of times over the years that the office is off limits, and I thought that they understood that.

But just this past week while on a business trip, my four year old decided that she wanted to spin around on my office chair.  I am sure she had a grand old time, but it didn’t last long.

You see, she knocked my computer over, which in turn made my headset …

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Taking Advantage of Seasonal Trends

Written by Marc on August 18th, 2009 with no comments

seasonal trends One of the things that every business person needs to be aware of is seasonal trends.  Essentially, you should know what times of year are the most profitable for your business and be ready for them.  If you are not, you are missing opportunities to increase your bottom line.

Some of the most common examples would be the Christmas shopping season from September through to December which applies to retailers both online and offline.  Another good example is the season that we are in right now in North America – back to school.  …

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Focus on What Counts and Ignore Distractions

Written by Marc on April 26th, 2009 with 1 comment

I guess that the title of this post is maybe a little straight forward and almost hints that you might just not have the common sense to do what you are supposed to do.  I don’t mean to be rude or anything, but this realization just hit me this week:  I am very distracted.

It seems that with my increase in use of Twitter and Skype, I spend an inordinate amount of time using these two applications.  I have been known to interrupt whatever I am doing at the time to see what has just been tweeted, or posted in a Skype room.  Now I know that some of you will say that it is good to keep …

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Refresh Your Entrepreneurial Spirit by Taking a Break

Written by Marc on April 4th, 2009 with no comments

relaxingcoffee One of the things that I find as an entrepreneur is that my mind is always working (or scheming) to find new ways to make money.  I will say that I am thankful for that, but at the same time, it can get a little tiring.

In fact, from time to time, I would say that my mind just gets too exhausted to get anything done.  I am sure that you have felt that time to time too, and the effects of an exhausted mind (and spirit) can wreak havoc on your business.

But …

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Earth Hour Monetization Ideas

Written by Marc on March 29th, 2009 with no comments

After participating in Earth Hour for the first time, I found myself with a little bit of time on my hands.  I almost broke my digital camera making this video, but it give you a good idea as to how you should be approaching situations and events as an entrepreneur – always looking for opportunity.

Excuse the darkness of the video (filmed using candlelight – not exactly the best lighting conditions), but rather listen to the content – there are some good nuggets in there.  Enjoy!

Tell me what …

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Creating Wealth or Earning It: Entrepreneur vs. Employee

Written by Marc on February 9th, 2009 with no comments

legoblocksThere are a lot of obvious differences between a business owner and an employee.  Some of the more common ones would be a paycheck, making $XX per hour, and being able to put in your time and leave the company you work for out of your mind when you go home.

But when it comes to being a business owner, one of the defining characteristics would be a different point of view on things.  Perhaps one of the most distinguishing differences would be the vocabulary of an entrepreneur compared to an employee.

For example, an …

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Slow and Steady Wins the Race

Written by Marc on January 19th, 2009 with 1 comment

turtle One of the biggest challenges that new business owners face is to curb their expectations of an instant windfall.  Many of these owners will give up on their business prematurely since they figure that it just won’t work and therefore they quit.

A good example of this phenomenon would be the dot com craze of the late nineties.  It was much like the goldrush of many years ago, and many people looked to the Internet to make a quick buck.  But when the dust cleared, many didn’t make their fortune and turned their backs …

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Do or Do Not – There is No Try

Written by Marc on January 3rd, 2009 with 1 comment

Do or Do Not - There is No Try For those of you out there that are familiar with the Star Wars saga, this line might be familiar to you.  It was something that Yoda said to Luke Skywalker while training him to use the force and for me, it was the most important thing said in all of the movies.

Want to know why?

Well, it is a great piece of wisdom when it comes to business.  You will find that those who “do” succeed, …

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