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Category Archives: Resources
Motivation and Commitment
What kinds of people start businesses? Their skills are seldom different from those of people who succeed at working for others. The more successful entrepreneurs tend to be proactive, assertive, and highly observant. Why do people start small businesses? The … Continue reading
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Do you have what it takes to be an entrepreneur?
I received an email a few minutes ago from Lowell Bowie, one of our Cincinnati SCORE counselors. The email included a PDF file entitled “The Anatomy of an Entrepreneur”. It was written by Vivek Wadhwa, Raj Aggarwal, Krisztina “Z” Holly … Continue reading
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Small Businesses Are Embracing Digital Marketing—Are You?
The SCORE Small Business Success Blog is a valuable source of information for the small-business community. Here is a recent entry from that blog by Rieva Lesonsky of GrowBiz Media. If you are still focusing the bulk of your advertising efforts on … Continue reading
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Seven Most Overrated Businesses: Seventh
Traffic-Driven Web Sites. Everybody has witnessed the success of social-networking sites like Facebook and popular blogs that generate all their revenue off advertising. But as the Internet ages, that’s much harder to accomplish, says Martin Zwilling, a start-up consultant in … Continue reading
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Seven Most Overrated Businesses: Sixth
Franchise Ownership. The idea of being handed a proven business plan without the uncertainties and headaches that come with building a business from scratch is understandably alluring. But too many people don’t understand the risks associated with franchising and sign … Continue reading
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Seven Most Overrated Businesses: Fifth
Independent Consulting. Common advice for aspiring entrepreneurs is to stick with industries they know. So, for many looking to escape the corporate treadmill that means turning their professional expertise into a one-person consulting firm. It seems practical – more companies … Continue reading
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Seven Most Overrated Businesses: Fourth
High-End Retail. Many people dream of opening a day spa, luxury jewelry store or designer clothing boutique – businesses they feel good patronizing. But specialty retail businesses close at higher rates than non-specialty stores, according to the Small Business Administration’s … Continue reading
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Seven Most Overrated Businesses: Third
Online Retail. By far, one of the easiest businesses to start is selling items through online marketplaces such as eBay or Amazon. But as online commerce ages and these sites fill up with more established retailers, it’s much harder for … Continue reading
Seven Most Overrated Businesses: Second
Direct Sales. It’s a tempting pitch: Work from home and earn commissions by selling cosmetics, kitchen knives or cleaning products. But companies that recruit independent sales reps tend to attract new team members by pointing to the success of their … Continue reading
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Seven Most Overrated Businesses: First
Restaurants. Dining out and cooking are among Americans’ favorite pastimes. But “restaurants are among the toughest businesses to run,” says Donna Ettenson, vice president of the Association of Small Business Development Centers in Burke, Va. Far too many people assume … Continue reading
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