Posts for the ‘Money & Equity’ Category

In this latest video, Mike explains how to turn your existing 401K into a business loan.  Read more »

When is it time to sell your business? Follow the "Drop Dead" method and decide when it's time to cash out.  Read more »

We all know starting a business isn't easy. Sometimes You need to get a second job to help support the start-up. Here is a list of jobs that may help with a second revenue stream.  Read more »

Is your business flat-lining on the revenue? Check out this blog that explains why it shouldn't be.  Read more »

In this Q&A segment of MSNBC's Your business with JJ Ramberg, Mike discusses taxes with LLC's, health insurance, and bad partnerships.  Read more »

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Need to raise money to get you over the hump? Check out these creative ways to earn money....FAST!  Read more »

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Many startup businesses look to angel investors for money. Here are tips on what and what not to do when financing your business.  Read more »

Launching a new product to the market? Here are 5 ways to keep the costs down, big time.  Read more »

Pilot episode "An Ice Cream Fix" of Bailout! with host Mike Michalowicz. Michalowicz uses an ice cream truck to fix a cash strapped business.  Read more »

Picking the price for your service isn't as easy as picking a number out of the air. Go to low and you might lose money. Go to high and you might lose (or never get) customers. Here are 12 ways to get your pricing right!  Read more »

Of course you want to make the first million with your business. Every entrepreneur does, but few make it. Instead of me rambling on what differentiates the wanna-be's from the achievers, I thought it best to get the varying opinions of the TPE community. You want to achieve your first million, right? Here's how...  Read more »

Here is an informal directory of Web Resources for Women Entrepreneurs. Here you will find ways to receive financing, coaching, and excellent networking opportunities:  Read more »

Struggling to figure out the return you get from conferences and trade booths? In this On A Roll video, Mike Michalowicz, shares his technique for measuring return on investment for conferences and trade shows…  Read more »

Working with you at the office or not, the significant other has a lot of influence on how you operate your business. So I asked the TPE community, if their significant other could make one unfettered business decision for them, what would it be?  Read more »

There are a growing number of indicators of a recovering economy. I recognize that it could simply be the eye of storm... but either way you need to be pushing your small business forward. I reached out to the TPE community to get their feedback on the pending recovery and on things small businesses can do about it. Here is what they said...  Read more »

Before you get all up in my face sayin' that you can read the pictures above, know this: When it comes to guerrilla marketing you first must catch the viewers eye from the distance (yes that is the reason for the distant shots - did they catch your eye?). To check em' out close up, just scroll down through the article and peppered along with these amazing tips are close up shots of guerrilla marketing moves. And more importantly MAKE SURE you are using guerrilla marketing for your business. Being status-quo for another day won't get any more attention to your business.  Read more »

Some experts are saying this is the best time in recent history to buy a business. If you have the means... or maybe just the guts (you can buy businesses without paying a dime), then here are strategies from the TPE community on how to get the deal done:  Read more »

The Toilet Paper Entrepreneur came out one year ago this week, and since then I’ve traveled the world talking to entrepreneurs both successful and soon-to-be, and it’s been quite a ride. Along the way I’ve discovered some TPE-style frugal travel tips. Here are a few of my fave tips about saving big at hotels:  Read more »

As a business owner things go wrong. I have been there and the view isn't so pretty. The good news is an ounce of prevention can be worth a pound (or a ton) of cure. Here are the 5 most unplanned for "surprises" that can destroy a business, along with my 3 most recommend "ounce of cure" solutions:  Read more »

You are not alone. Every entrepreneur has dark days. I mean days of complete despair. I asked the TPE community to share their "dark day" experiences, and how they navigated through them:  Read more »

Wrap your brain around these lovely stats:
• In 2010, U.S. employers are expected to see a 9% jump in their health-care costs
• 48 million Americans have no health benefits & 100+ million more Americans are underinsured
• 7 out of 10 people have no dental benefits

What does this mean to you? Your employees are starving for benefits, so you must provide them. That also means you will be slaughtered by even more costs. But wait, there is some good news: There is a mix of options to choose from when picking an individual health plan for your family or a plan for your employees.  Read more »

Recurring monthly fees are the secret to predictable, profitable businesses. It works for Chris, and it works for me. Now, you need to do the same.

It doesn’t matter if you sell a service or a product; there is a way to implement a Recurring Monthly Fee immediately. And, when done right it will benefit BOTH you and your customer. Here are some examples:  Read more »

I don't care if the economy is rip-snorting strong (which clearly it ain't)... collections are always an issue. Here are 23 tips contributed by members of the TPE community on how to get your collections up to snuff, and get the money you deserve in your pocket now!  Read more »