We open a shop for artists
Many people, who are just starting their first business, prefer ideas aimed at a wide audience of consumers. A business with a narrow specialization causes some fear and uncertainty that…

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The largest illegal business
It is no secret to anyone that you can make a lot of money in an illegal business. And so some consciously go to a huge risk, starting to engage…

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Business in a crisis

Due to the unstable economic situation, many enterprises are now in crisis. If it is not so strongly reflected in the large world companies, then the crisis brings to the representatives of small and medium business a lot of problems and difficulties. Many entrepreneurs panic, some even think about closing a business.
Of course, doing business in a crisis is not an easy thing, and here you have to be prudent, attentive and calculating. But putting an end to your enterprise ahead of time is not worth it. How to keep a small business in a crisis and always stay afloat – this is our advice further. Continue reading

Recommendations wishing to get rich from investor Warren Buffett

1. Reinvest profits
When you earn a lot of money first, you might be tempted to spend it. Do not do that. Better put them in a business that seems profitable to you. I figured it out early, while still in high school. My friend and I bought a used pinball machine and installed it at the hairdresser. We did not spend the money we received, as ordinary teenagers would do in our place, but began to buy other automata. For 26 years I had been $ 174,000, which in today’s money is $ 1.4 million
2. Be ready to be different Continue reading

Why is passion important to business?

You have to love what you do – otherwise you will never succeed in life. If you love your work, you will work tirelessly, try to surpass your achievements and eventually become much more enjoy life. The most important moments on the road to success is to know your business and love what you do. This allows you to solve many complex problems.
Here is the very first paragraph from my first book, The Art of Making Deals: “I don’t do this for money. I have enough money – more than I can ever need. I do it for the sake of the case itself. Continue reading

Confectionery business: mini-pastry shop at home
For some reason, in our society there is an opinion that your business is expensive, difficult and long, and not everyone can do it. Of course, there is some truth…

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The concept and signs of business activities
Having a desire to do business, it does not hurt to know what is an entrepreneur and entrepreneurial activity. According to the generally accepted definition, entrepreneurial activity is an activity…

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Seven criteria for an ideal business niche
1. "High Resolution" Here we are talking about your “resolution” in this niche, that is, about your level of understanding, your experience, knowledge. For example, if you enjoy your entire…

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