Most of the time, quitting your job to start a new venture is a bad idea. Unfortunately, there’s a bad rumor going around that says the first step to entrepreneurship is crafting your letter of resignation. It’s not. I started this business part-time. In fact, I still run it part-time along with university. And, I’m […]
Why I’m Not Trying to Build Passive Income
I’ve written a few articles mentioning my desire to be able to earn a full-time income from this website. From that, people have written to me claiming that I want to build a completely passive income stream and get rich without doing any work. That hasn’t been my strategy at all, with this business. Sure, […]
The Time to Start a Business is in Your Twenties
If you’re in your twenties, unmarried and without children, now is the time to start something. Not when you’re thirty-five and need to worry about mortgage payments or saving for junior’s college education. Not after you’ve had ten years of work experience and adapted to a large salary. Today. Many of my friends tell me […]
Be a Rockstar, Not a Record Label: Build an Unscalable Business
A common piece of advice given to entrepreneurs is creating scalability. In the widely published book, Rich Dad, Poor Dad, Robert Kiyosaki recommends building a business that can run without you. This way, your assets generate money without you having to work. You can insert a fantasy about earning millions of dollars while you sip […]