In 2009, almost 560,000 new businesses were started every month. Interestingly, however, a large number of these were classified as “non-employer” businesses – in other words, sole operators with no employees. Many consider these individuals to be freelancers as opposed to “business owners” although the distinctio...
Imagine for a moment a completely debt-free business. No loans to payback. No investors to answer to. Imagine a completely self-sustaining business. A business funded purely by the cash flow your business produces.
This week we're dipping into the Ask EMyth mailbag to have an EMyth Business Coach answer a few of your questions. Thanks to everybody who submitted questions, and keep them coming. We love to hear from you.
We define business frustrations as a series of specific recurring events in your business over which you feel you have little or no control.
The first step in any successful endeavor is defining what a win will look like once the project is complete. When an artist begins a painting, he typically has a vision in his mind of what the painting will look like when it is finished. When a football team takes the field, they know the definition of success—a ...
Lewis and Clark, Sears and Roebuck, Hewlett-Packard, the Wright Brothers. What do these names all have in common? Aside from being almost universally recognized, they were also incredibly successful partners. Despite the seeming preponderance of advice on the challenges and pitfalls of having a business partner, t...
If you want something done correctly, you’ve got to do it yourself, right? That’s a wonderful philosophy if you want to create a lot of work for yourself. But if you want to create a business that works for you, you can’t do it alone. You’ve got to enable other people to do at least some of that work—and you’ve go...
Owning and operating a business isn’t something you take lightly. It requires a huge leap of faith. It’s exciting to live your entrepreneurial dream but it's also innately scary because there's no guarantee you'll succeed.
Continuing our Attributes of a Business Leader podcast, EMyth's President Wendy Vinson and Seminar Leader Karin Iwata discuss the common personal attributes successful business leaders possess and how those attributes help them turn intention into action.
Some people start a business because they're passionate about a particular cause and they want their business to have an impact. Some people start a business because they are looking for a better work/life balance. Some are simply looking for more freedom.
E-Myth President, Wendy Vinson interviews Brian Schwartz, entrepreneur and author of the new book: 50 Interviews: Entrepreneurs.
A successful business provides a service or product that expertly fills a specific need in the marketplace. The trick for entrepreneurs is identifying the right product or service for the right space at the right time. April Glavine is one example of an entrepreneur who did just that.
In this podcast, we talk about how to approach overwhelm.
Working with people you have personal relationships with can be a wonderful thing. And it often doesn't turn out that way. It can easily get 'complicated' when you're trying to juggle two kinds of relationships with the same person. And while it's easy enough to say 'just be yourself', we all know that when it com...
Little gets our entrepreneurial spirits soaring like the vision of ourselves as the CEO of a successful startup. Whether you’re brand new to business or a serial entrepreneur, the allure of starting out from nothing and then building a world-class business is a thrilling concept. But we can’t ignore the risks. Sta...
Passion and drive go a long way. There were 5,000 little things you did to survive in the face of long odds of small business success - the late nights, juggling expenses, praying for new customers. You leaned on that passion and drive to get through - and it worked.
Most business leaders and professionals lead with their head. It mostly works, and nobody will criticize you for it (usually because that’s the way they do it). But you’re paying a huge price every day in the form of stress, stagnation and self-doubt, in ways you might not realize. Leading by heart is a whole othe...