How to Start a Food Truck Business
In 2012, when we were just beginning to understand the popularity of food trucks, we wrote a blog post titled Food Trucks are Hot! The post discussed the increasing demand…
Be a Good Leader: Part II
Lessons I Learned from My Father About Leadership In my prior post, I described how my father influenced my views on leadership and how I used these lessons in my…
Be a Good Leader: Part I
Lessons I Learned from My Father About Leadership My father ran a small HVAC company in the Midwest. Growing up, I didn’t know much about it until the summer I…
How to Start an International Trading Business
International trade is the import and/or export of a product, service, or a commodity between companies or individuals in different countries. Trade exists because a buyer wants to import something…
How Do I Demonstrate Competitive Advantage?
Entrepreneurs are often quick to assert to potential investors that their product or solution will kill the competition. However, your opinion alone will not be enough to convince experienced investors.…
USA Treaty Countries for Investors and Traders
The United States Citizenship and Immigration Services (USCIS) agency of the U.S. Department of State allows investors and traders from “Treaty Countries” the opportunity to apply for a nonimmigrant visa…
Foster a Coaching Culture
Every entrepreneur I know wishes he had more time to coach all the members of his team. I often hear the excuse that coaching takes more time than simply diving…
Will Your Business Model Deliver?
In this age of the lean startup, minimum viable product, and fail fast, the advice is clear, test everything as soon as possible. Also, do it while making the smallest…
Legal Factors in Your PESTEL Analysis (Part 7 of 7)
A government’s rules and regulations—its laws—will always have a macroeconomic impact on the success of any business. And, for companies that operate within the jurisdiction of multiple governments, business leaders…
Environmental Factors in Your PESTEL Analysis (Part 6 of 7)
It wasn’t that long ago that if you asked a business leader how she intended to mitigate the issues related to climate change, corporate social responsibility (CSR), or sustainability, she…