Certified Entrepreneurial Advisor

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09

Jun'16

Should I form a Charity?

Q: Should I set up my ministry as a non profit corporation? If so, should I or my corporation own it?

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09

Jun'16

Advising People about Investing

Q:  I’m thinking of starting an LLC/partnership with my friend and investing his money. I would get paid a percentage of whatever profits I make.

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08

Jun'16

How do you approach retail stores to sell your products?

Q: Do you approach the retail stores directly? Or do people usually approach distributors who would do the work of product placement in the market?

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16

Sep'15

What’s the Best Way to Analyze a Product or Market?

Short answer: diligently.   If you are going to research a market, you need to understand that market from all aspects. Most people don’t do that, and as a result, their success or failure is often a matter of luck.

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16

Sep'15

The Present Value Conundrum

You’re working on a project… and you have a stream of future cash flows… what’s it worth today?  That’s the “Present Value of Future Cash Flows” problem, or PV for short.  There are a lot of easy ways to calculate it, too.  Just use the PV function in Excel.  Sounds simple, until you get to the “discount rate.”

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15

Sep'15

Crazy Work Ethics? Are you a Workaholic?

What’s a crazy work ethic? Workaholic?  They come in all varieties.   Most of us would imagine the driven entrepreneur who works um-teen hours a day, every day.  But that stereotype is not descriptive.  When it comes to “over-working”  the craziness usually involves an inordinate amount of time spent at work.

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13

Sep'15

20

Nov'14

ABZ Planning and El Capitan

On the north side of Yosemite Valley, near the western end, there is a vertical rock formation named El Capitan. It’s considered one of the most challenge rock faces to climb up and is a favorite among advanced rock climbers.

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28

Jul'14

The Tale of Two Sandwiches

The restaurant business is considered one of the toughest industries to operate in. Competition is fierce and depending on who you talk to, the fail rate is close to 60%. How a restaurant competes in a particular category can make all the difference in the world. Do you compete on price? On customer experience? On service? On location? Executing well in these areas adds up to a competitive advantage. It’s the unique selling proposition (USP) that we talk about so much in our business planning section of the CEA Curriculum. Consider these two brands with a very similar product: Jimmy Johns Subs and Planet Sub.

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14

May'14

Starting a Business

  In this podcast, we talk with Matt Heintz, founder of Heintzsight, a web development company and talk about what it takes to start a business.

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