What Is Reasonable Compensation for a Shareholder?

Reasonable compensation is a term you want to be familiar with when valuing your company and your shareholder compensation.  As business owners, we have the privilege and responsibility of setting our own wages.  However, how much we take impacts the profits we report on our financial statements. Why should I use it? The health of […]

Cool Apps: Amazon Echo

Did you ever want a secretary that could answer questions all day? Amazon has a cool app: Amazon Echo.  While Amazon’s Echo product can’t fetch coffee, it can perform all sorts of digital tasks that come up in daily life at work and at home. Many Choices: There are three types of Amazon Echos: The […]

Could Your Business Survive a Disaster?

As business owners, we want to remain optimistic about our business’s future. But life can happen, and we need to be prepared.  Could your business survive a disaster?  A good business owner thinks about all the risks to their business and has a plan in place to reduce or eliminate them.  In 2017, we’ve already […]

5 Keys to Building a World-Class Internship Program

As a summer intern with an east coast consultancy, I worked 80 hours a week scrubbing data for an econometric model of longwall mining. It was as terrible as it sounds. I had the classic intern experience — a constant flood of tedious, low-value work. Here at Vivint, we decided to build an internship program […]

Don’t Just Start a Business, Solve A Problem

As long as consumers have problems, they will always search for solutions. People will always look for better, faster and smarter ways to accomplish everyday tasks. And fortunately for entrepreneurs, there are still lots of rooms for improvements in existing products. That said, the biggest issue for most founders is finding these painful problems and […]

6 Tips to Keep in Mind When Hiring Your First Employees

In the article 6 Tips to Keep in Mind When Hiring Your First Employees, Jeffrey Hayzlett, Prime Time TV Host and bestselling author of Foretime Cowboy, reflects on what he believes are the most important steps to do prior to hiring your first employees. Entrepreneurs start out as a one-man band, add devout followers and […]

10 Things Exceptional People Say Every Single Day

By: Jeff Haden http://www.entrepreneur.com/article/237471 September 16, 2014 LinkedIn Influencer, Jeff Haden, published this post originally on LinkedIn.     Want to make a huge difference in another person’s life? Want to make a huge difference in your life? Here are things 10 things exceptional people say every day — to employees, colleagues, family members, friends, […]

Areas of the Business an Owner should Outsource

What Areas of the Business an Owner should Outsource? One person can handle only limited number of tasks. It is simply because one cannot be an expert on everything. At some point it becomes necessary to seek help from people who specialize in their fields. It is important to know what areas of the business […]

5 Things Entrepreneurs Can Do to Reduce Stress

When talking to Entrepreneurs, the emotion I sometimes hear is that they are stressed out.  Finding the balance between health, work, family and friends is taking a toll on them. In addition to the items covered below, I encourage them to delegate! Let go of some of the control for their own sanity. If you […]