It is very important to teach your child about managing money from an early age. This is especially the case in the unstable economic times of today's world. Our children deserve the best financial future and this starts with them learning how to properly manage money. Sound money management skills are foundational to building generational … Continue reading 3 Simple Ways to Teach Your Child Money Management Skills
Most prospective entrepreneurs think that a business plan is only necessary if they plan to apply for a loan, grant, or another form of venture capital. While a business plan is vital for securing funding, it is also necessary for other purposes. Therefore, my answer to this question is a resounding "yes." Any serious business … Continue reading Do I Really Need a Business Plan?
Jambiani Beach, Zanzibar, Tanzania The African continent has been getting a lot of attention lately from entrepreneurs. Many economic forecasters have pivoted the continent as the new frontier for growth in almost every sector imaginable. While the continent still has many challenges, it is growing and expanding in many ways. A number of African leaders … Continue reading Why Africa is an Entrepreneur’s Paradise
I often get this question from my coaching clients who are starting a new business. Usually, they are referring to revolving versus non-revolving debt. Revolving debt is the kind of debt that is associated with lines of credit issued to credit card holders. Non-revolving debt is associated with mortgages, vehicle and student loans, and other … Continue reading Should I Be Debt-Free Before Starting My Business?
One of the first things that prospective entrepreneurs must consider when starting a new business is funding. Without the right amount of start-up capital, growing your business can be much more complicated and cumbersome than necessary. There are many effective ways to secure the right amount of money to start your business. Here are a … Continue reading 4 Ways to Fund Your Start-Up
I am a staunch advocate of following your dreams and achieving your life goals. I feel that everyone should wake up happy and excited to start their day. This is the main reason that I started my coaching business. It energizes and excites me when I help people discover and pursue their passions. However, there … Continue reading Should I Quit My Job to Start My Own Business?