Have you set a trap before? I still remember the first time I set a mouse trap as a little boy. I put in a small piece of bread and then set the trap in a corner of the house where I had seen the mouse a couple of times. A trap is an amazing invention. Once a trap is [...]

Every new year comes with great expectations. We want to do better than we did this year, and be better than we were this year. That’s why every smart entrepreneur I know consciously plans for the new year. Planning makes you better prepared for opportunities and challenges. Planning is a tool used by serious people. Planning is what makes dreams [...]

In this exciting episode of the podcast, I get interviewed by Tim Noxsinz of the Timitude Podcast. In this episode, I explore several topics that range from my personal career choice and the factors that influenced me into entrepreneurship.  I also talk about my move from engineering into business and finance, and then into full-time entrepreneurship. Other topics I talk [...]

I have a quick question for you. Here it is: How are you planning for next year? In my experience working with entrepreneurs, I’ve realized there are two types of people in this world. There are proactive people. And there are reactive people. How people approach a new year can tell you a lot about who they are. Are you [...]

Business is all about risk. That’s what makes us entrepreneurs. People who have a low tolerance for risk choose a stable and predictable income. It’s called a salary. It always comes in at the end of the month. And that’s why most people prefer it. But if you choose to build a business, you’re taking a risk because there are [...]

The year 2020 is gradually reaching its end. And it’s been a very harsh year for many businesses. Many have lost customers. Many have lost employees. And many were shut down. On a personal level, it’s also been very rough for entrepreneurs. Some are in deep financial trouble. Some are faced with loans they’re struggling to pay back. Some have [...]

After working so hard in the business, a lot of entrepreneurs are not getting paid. The landlord gets the rent for the office. All the employees get their salaries. And all your suppliers have been paid. But you get very little or nothing. After all the risk you’ve taken. After all the money, time, and energy you’ve invested in the [...]

How do you know when it’s time to fire an employee from your business? Firing people is tricky for many entrepreneurs.  It’s an uncomfortable situation that some business owners prefer to ignore and avoid. The problem is, your business will suffer if you continue to keep an employee who is not a good fit for your company. In this week’s [...]

When it works, business partnerships can achieve amazing feats.  Magical things can happen when two or more bright people contribute their ideas and resources to build a business.  It's no surprise that some of the most successful companies in the world today are products of business partnerships. Google, HP, Apple, Procter & Gamble, Microsoft, and several others are shining examples [...]

Every entrepreneur wants to make money. We all want to get rewarded for our ideas, our creativity, our smarts, our hard work, and the risks we take. But still… Some people work harder and longer in their businesses than others, but still, make far less money than others. Some entrepreneurs take more risk, but end up with far less returns? [...]