5 Tips for Making Your Virtual Company a Success

It’s believed that virtual businesses will one day be the norm, whereas traditional brick-and-mortar enterprises will eventually fade in popularity. There are a lot of factors at play with this digital shift, but it mostly comes down to the desire of entrepreneurs wanting to take their business global — without the financial and time-management constraints of managing a fixed physical headquarters and/or storefront.

Virtual company owner

Virtual storefronts, in particular, are fast becoming the norm. More and more people prefer to do their shopping online, and have their favorite products delivered directly to their home. From a service perspective, very few companies require a fixed location to meet with their clients.…

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7 Real Truths On Being Your Own Boss

Self-employment and having your own business are the new black when it comes to dream jobs. More than 57 million people freelance in the US alone. And, by 2027 freelancers will make the majority of the American workforce.

Start a business and be your own boss

Yet, being your own boss doesn’t always mean things are smooth as silk. So, take some time to research what’s this all about before quitting your full-time job. Otherwise, you risk losing your living standards and ending up looking for a new job sooner than you think. Let’s take a closer look.

Getting Rich Overnight? It Isn’t Going to Happen

If your first thought about freelancing is never-ending piles of money, then this isn’t the right path for you.…

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Being a Entrepreneur vs. Being an Employee: Which One Should You Choose?

Whichever side of the fence we fall, it might well be the case the grass always looks a little greener across the way. So, whether we’re on the path to entrepreneurship or are enjoying the security of being an employee it’s good to try and keep the pros and cons of both in mind.

Business people having a meeting

Whilst entrepreneurs can enjoy plenty of opportunities for growth across various aspects of their professional careers, it’s important to remember that there are also a number of advantages associated with being someone else’s employee.

So join us as we explore the various PROS and CONS of being an Entrepreneur VS an Employee…

Being an Employee – THE ADVANTAGES

1.

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Virtual Office vs. Co-working Space: Which One is For You?

Answering the question in the title is like comparing a cherry to an avocado. While both belong to the same family, they’re very different and appeal to varying taste buds! Virtual offices and coworking spaces often get lumped together and confused for being essentially the same concepts.

However, as you’ll soon learn, each have significant differences and appeal to an entirely different type of entrepreneur.

Businessman in a virtual office

Virtual Offices

A virtual office space is much different cost-wise than a traditional brick-and-mortar leasing scenario. Businesses who rent them obviously benefit from having a legitimate business address in a commercial office space, as opposed to a home-based address with a residential address.…

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How to Start Your Own Online Business

The Internet has leveled the playing field for all and makes it much easier for anyone to start their own online business. But where do you start?

Online business owner

Your Business Plan

If you have made the decision to start an online business, you probably already have a business idea but will need to do some research to access the viability of your idea. Some important areas of research are:

  • Is there a need for your product or service?
  • Who is your target market?
  • Who are your competitors?
  • What makes your business different than your competitors?

It is better to do your research before embarking on launching a business so that you don’t spend your time and money on a business idea that won’t be successful.…

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How College Students Can Start Their Very Own Small Businesses

As a college student it probably seems like you have little time to do anything but study and work. The free time that you do have, you probably have to spend studying, doing homework, doing laundry, or grocery shopping. Even when you do find the time to hang out with friends or spend an evening out on the town, you probably don’t even have that much money to burn. It takes money to have fun in college and with the cost of books, tuition, and other living expenses it probably seems like you will never get ahead financially.

College students

With all that being said, you might be surprised to learn that there are a variety of different ways that college students can start their very own small businesses to help supplement their income.…

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Pros and Cons of Starting Out as a Private Tutor for an Occupation

Working as a private tutor, whether full-time or part-time, is always a great way to earn good money and simultaneously helping others who are in need of such services. Anyone who has good knowledge or is an expert in a particular subject can look forward to taking up private tutoring as a business.

Private tutoring business

Being a one-on-one online private tutor is an outstanding way to send out your services to the ones in need remotely as you get the much-needed freedom and flexibility. Similar concept is followed by Preply.com which hosts about 29000 professional tutors representing 185 countries and speaking different languages.…

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Why Citizenship by Investment is The New Normal for Entrepreneurs

Economic citizenship was once seen as the exclusive domain of the ultra-wealthy, but now it’s becoming the new normal for entrepreneurs hoping to expand their reach internationally. First formally established in St. Kitts and Nevis, before being picked up in other nations across the world, citizenship by investment (or CBI) provides those who can afford it with a second passport and all of the advantages which come with it.

Citizenship by investment (CBI)

But what can entrepreneurs stand to gain from economic citizenship to a second nation, and which nations will provide small business owners with the widest range of opportunities for success? Read on to find out why CBI could be of use for any business, and where the best place to apply for a new passport is.…

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Tips for Immigrants Who Want to Start a Small Business

One role immigrants don’t get enough good publicity about in the news is the fact that immigrant entrepreneurs play a huge role in hiring a large swath of the U.S. labor force. The exact numbers are staggering, too. Nearly 6 million workers are employed by immigrant-owned businesses, according to a report released by the New American Economy.1

Immigrant business owner

While starting up a business as an immigrant in the U.S. has its challenges, those who take the entrepreneurial plunge can also find sweet success from doing so, as well.

“Our system certainly doesn’t make it easy for immigrant entrepreneurs—but still, immigrants work hard, they start businesses, and they create jobs for American workers,” said John Feinblatt, Chairman of New American Economy.

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An Entrepreneur’s Guide to Whole Person Development

The idea of separation between one’s home and work life is not only an archaic way of thinking but a complete myth when it comes to life as an entrepreneur. That’s why there has been a paradigm shift toward Whole Person Development amongst entrepreneurs, executives, and coaches across the world.

Adopting whole person development paradigm

What is Whole Person Development?

Whole Person Development is a psychologically-based theory that in order to be successful, one must optimize the key components of life. The six components include emotional intelligence, physical, psychological, professional, social, and spiritual.

Most people are strong in some aspects and lacking in others. This disbalance can be caused by putting too much focus on one area and not enough on others, or simply by not recognizing how each aspect can impact the bigger picture.…

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