Remove Development Remove Franchising Remove Short-term
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How to Turn Your Hobby into a Business

Strategy Driven

Developing a business model is an important part of building a successful revenue generator. It’s easy to identify a problem, get an idea, and embark on product or brand development right away. But if you don’t have a clear way to monetize your product and/or service, you’ll never turn your hobby into a long-term, sustainable business.

How To 66
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Burn the Business Plan

Leading Blog

And here’s something to think about: “ Failure rates are considerably higher for companies that are started with the intention of a short-term sale. Other interesting ideas Schramm covers: Franchising is often overlooked as a real entrepreneurial business and is generally not taught in colleges. Every startup has one CEO.

Planning 166
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11 Tips For The Class of 2017 – What I Wish Someone Would Have Told Me

N2Growth Blog

While some short-term success can built at the expense of others, or on the backs of others, any sustainable achievements are built on the success they have created for others. Everyone has unique gifts and talents, and the earlier you discover and develop yours the better off you’ll be. Think “selfless” as opposed to “selfish.”

Class 150
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What You Can Learn from Ted Leonsis' Life List

Next Level Blog

  He told us that several years ago someone approached him about buying the Washington Capitals NHL franchise.    She asked him if he was really going to pass on the opportunity to check off items 40 (Own a sports franchise) and 41 (Win a world championship) on his list.  What a good place to be!

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Sales Bonuses Are Supposed to Motivate, So Don’t Waste Them on Easy Targets

Harvard Business Review

a high second number) motivates salespeople to drive short-term results. Franchise sales have nothing to do with salespeople. Franchise sales are increasing in many markets as the internet makes customers more informed, connected and socially-influenced, and therefore less dependent on salespeople when making buying decisions.

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21 Home-Based Business Ideas & Tips for Starting a Business from Home

Miles Anthony Smith

Term loans , SBA loans , lines of credit and invoice financing are just a few of the options available to small business owners. Develop your Expertise Daily ​ Becoming a true expert in any field doesn’t come overnight, it takes months and sometimes even years of consistent study and practice.

Tips 95
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Corporations Need a Better Approach to Public Policy

Harvard Business Review

But many don’t have one, instead adopting only defensive, short-term, or narrowly self-interested “government relations” tactics. To meet this daunting challenge, corporations need a strategic, forward-looking, and balanced approach to government and public affairs.