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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15 Online Businesses You Can Start Today Without Any Investment

You would be surprised some of the simple business ideas that can bring in a decent sized paycheck. If you have access to the internet, you have the ability to make money even from your own home.

Online business ideas with minimal investments

Depending on your qualifications, the possibilities may vary. Nonetheless, a little ingenuity can go a long way in today’s internet age.

Keep in mind, some of these ideas may or may not work for you. Some ideas will require certain educational requirements, so see what you are interested in and what meets yours qualifications.

1. App development

You can create apps or help develop them at home or anywhere, all you need is your trusty computer.…

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From Realtor to Business Owner: Start Your Own Real Estate Business

As a successful real estate agent, you probably have your hands full with satisfied clients and profitable commissions. If you love meeting with clients at all hours and working through the paperwork to help people’s dreams come true, you probably want to continue doing so until retirement age.

Real estate business

But if you’re ready for a new adventure, the promise of steadier income, and a different set of responsibilities at work, it might be time to start your own real estate business. Here are a few things you should know as you get started.

Learn About Starting Your Own Business

If you’ve been successful in real estate thus far, then you already have a knack for business.…

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5 Things Every Entrepreneur Should Know: Tips From Real Businesspeople

Unless you’re keeping news of your pending launch tightly under wraps, you’ve probably been inundated by well-wishes and offers of assistance. Whether you know it or not, you’ve got a lot of people rooting for you.

All this support can be overwhelming, even confusing. How do you sort well-meaning but misguided advice from truly valuable nuggets of wisdom?

Startup mentoring

Turning to successful businesspeople could offer some clarity. You might not be able to get Bill Gates on the phone, but you can certainly benefit from the experience he’s gained over a lifetime of fantastic success. Ditto for any number of other high-profile entrepreneurs.…

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