Many years ago, an old friend and I got took a trip and got lost. Not lost like “I wish we could find a decent place to eat in this neighborhood”, but really lost. We were traveling through South Dakota on our way to Yellowstone and Glacier National Parks, and had set up camp in […]
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USAToday recently posted an article that validates what a lot of us already knew: that people are leaving corporate jobs to start their own businesses. For many people, the rosy promise offered by corporate jobs has never materialized. In decades past, corporations provided outstanding health benefits, pensions, and other benefits to employees and their families, […]
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There are a bunch of things I love about consulting businesses, but today, I’m going to talk about the 7 best things about starting a consulting business. So let’s go! 1. Extremely low start-up costs There are tons of business opportunities out there, but consulting ranks among the lowest for start-up costs. While you could spend […]
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One of the first things you need to do when you start your business is to choose a legal entity. But it can be confusing. S-corp, LLC, sole proprietor, how do you choose? When I was first thinking about how to start a consulting business, I read a lot about the differences between different business […]
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The common wisdom is that starting a business is risky, but I think that’s untrue. In fact, thinking of a job as secure can actually be dangerous thinking. On the contrary: I think that having a regular job is risky. For example, with a typical job, you’re tied to 1 employer, who can decide to […]
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Growing up, I assumed that I’d get a job with a big company, work my way up the corporate ladder, increasing my income along the way, etc. The imaginary job would have good benefits, health insurance, retirement, etc. But as we all know, that image of job security is a myth. In the past 20 […]
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