Business Models

Confused About Costs? 3 Tips the Pros Use

When planning a new business venture, costs are always difficult. Why? For one, there are so many of them.  Most people try to get a handle on the chaos by creating a fifty-two line Excel spreadsheet. That’s their first mistake – they try to capture everything.  Which is pretty much impossible. Their second mistake?  They [...]

How to Know if You Have a Great Business Idea

Is your latest business idea a winner or a waste of time? We’ve all been there. A couple of brews, a couple quick calculations and you’re a business genius! You’ve found the idea that no one else thought of. You’re sure to make millions by next year! Or are you? How do you know in [...]

The Only 5 Business Models You’ll Ever Need

The term “business model” means a lot of different things to people.  Is it a three-tab Excel spreadsheet?  Is it the latest idea promoted by the business guru du jour?  For me, it’s really simple. A business model is an explanation of  how you make money. I’ve been racking my brain here for about a [...]

The Shocking Truth About “Free” Business Models

A lot of business gurus are heralding that the “free” era is upon us. They claim that your business success depends on converting to a free business model. That the “free line” has moved and you need to give away the store. I find a lot of this discussion confusing. Which says a lot, considering [...]