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Plan Your Life

878 posts
launch
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When is the Best Time of Year to Launch Your Business?

Is there such a thing as the “best” time of year to start a business? There are 30.2 million small businesses in the United States, according to the U.S. Small Business Administration (SBA). While these businesses certainly didn't start up at the exact same time, I do wonder if there are certain times of year...
veterans
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5 Things Veterans Should Know About Starting a Business

Pursuing a second career after leaving the military can be challenging, which is why a growing number of veterans choose to become entrepreneurs. A 2018 study by the the Small Business Administration (SBA) Office of Advocacy reported that there were over 379,000 veteran-owned employer businesses in the U.S., and overall, 6.8 percent of all employer businesses...
leadership
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5 Leadership Traits No Entrepreneur Succeeds Without

Entrepreneurs have some of the hardest jobs in the world. At an established company and with a competent team, leading is mostly a matter of keeping the rudder straight. At a startup, it’s another story entirely. Entrepreneurs wear many hats: the role of marketing, sales, day-to-day operations and more all fall on your shoulders. And once...
financing request
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4 Tips for Writing a Standout Business Plan Financing Request

One of the most important elements of a business plan is a financing request, or the amount of funding your business is requesting of potential investors. Many entrepreneurs may worry they are asking for too much money, while others may not feel totally certain about the future of their company, especially nowadays. This leaves the...
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How to Take the Leap and Change Your Life

The following is excerpted from “Jump: Dare to Do What Scares You in Business and Life” by Kim Perell, pp. 3-7 (HarperCollins Leadership, November 2021).   It’s scary looking down. Especially when there’s a lot at stake. You know those decisions that make your heart race and your palms sweat? The ones that are so...
monthly business plan
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Building a Monthly Business Plan

While it’s important to create a 10-year business model, your real focus should be on your business plan for three years, two years and one year. Once that’s set, reverse engineer it to the quarter and then down to the month. StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here How?...
structure your new business
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A 6-Step Checklist to Structure Your Business

You’ve decided to take the plunge and start your dream business. You’ve decided what your new company is going to do and have formulated your overall strategy. Now it’s time to complete a checklist of necessary tasks to set up and structure your business: Name your business You want to have a unique name that...
side hustles
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6 Recession-Proof Side Hustles You Can Start Today to Bring in Extra Cash

With all of the economic changes underway, you’ve probably been experiencing plenty of uncertainty recently. However, there’s still hope for aspiring entrepreneurs, as the side hustle scene is alive and well. In fact, it’s thriving! If you’re interested in testing the entrepreneurial waters, consider the following recession-proof side hustles that you can start today: Become...
business model
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4 Reasons Why Choosing the Right Business Model is a Make-or-Break Decision

When launching a startup, most entrepreneurs are focused on fine-tuning their product or service. While this is a critically important element of the process, successful entrepreneurs must first focus on choosing the right business model. Whether you’re turning a side hustle into a six-figure business or launching what you hope to be a major product...
crisis communications
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5 Reasons Why Startups Need to Create a Crisis Communications Plan Now

A crisis can happen to any business at any time. While planning for a crisis may seem quite ironic, given that the very definition of the word is something that happens unexpectedly, it is incredibly important that business owners invest in creating a crisis communications plan. A thoughtful and well-crafted plan has the potential to...
business plan
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A Step-By-Step Guide to Writing a Killer Business Plan

A business plan is as important to a new business as a map is to a ship, or blueprints are to an architect. A written business plan will guide your actions and keep you focused on your short- and long-term goals. Your business plan puts your aspirations into words (and charts), demonstrating to partners, investors...
validate
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How to Validate Your Business Idea in 30 Days (or Less)

Starting a business requires serious research, but it also requires you to seize opportunity. Jump in without consulting the data, and you risk boarding a sinking ship. Spend a year learning every detail of the space, and your opportunity may already be gone. As with most things in life, a balanced approach is best when it...
traits of an entrepreneur
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10 Common Traits of an Entrepreneur

Many people dream of being an entrepreneur. They envision their business as majorly successful; allowing them to make enormous wealth, be the boss, have the freedom to come and go as they please and work how and when they want. If only this were the reality, everyone would be an entrepreneur! Unfortunately, this is not the...
family business
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12 Keys to Family Business Success

Family members start a major portion of new businesses launched in the U.S. every year. Brothers come to mind, of course, when it comes to family business. Whatever the family ties, however, starting a business with a spouse, parents, siblings, children or other family members presents unique challenges over and above the usual problems a...
side-hustle.png
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Tips for Turning Your Side Hustle Into a Thriving Full-Time Business

The story of my company, White Spider, began when I rented out the guest bedroom of my San Francisco apartment. I initially did it to make some quick cash to buy a used bike, but that weekend turned into many, and the bedroom became a mainstay on Airbnb. Eventually, I quit my high-paying job as...