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Almost everyone believes that they are free. Their job is stable, they live in a lovely home, and if they’re lucky, they get 1 to 2 weeks of vacation per year. Can you really call that freedom, though? Throughout his life, Kevin Koskella has worked to answer this question. He used to feel trapped in…
To succeed as an entrepreneur, what strategy should you follow? Is it better to raise money and grow a business, or to scale it up? Rob and Chris Taylor are powerhouse brother duos who are successful entrepreneurs in both fields. In 2006, Chris started Square Root to help OEM field managers understand and act on…
This may sound too good to be true. However, this article focuses on a self-proclaimed Finnish nomad — turned 8-figure mushroom entrepreneur. Yes. You read that correctly. Tero Isokauppila has developed an 8-figure mushroom business. By combining his family’s farming background with a market opportunity, Tero capitalized on the health and wellness industry’s boom. This…
Among the fastest-growing sectors of commercial real estate over the past four decades has been self-storage. Self-storage units are useful for many things, from moving to storing vinyl records, and hand-me-down furnishings — to business inventory. However, COVID-19 was the pinnacle of the industry’s growth. The pandemic closed many businesses and caused many families to…
“The first wealth is health,” wrote Ralph Waldo Emerson in 1860. David E. Bloom, a Harvard economist and health expert in Finance and Development’s lead article, cites Emerson’s quote as an example of the importance of good health as a foundation for life, a community, and an economy. As a result, health wealth is a…
There is no doubt that every startup founder knows what bootstrapping is — for those who don’t, here’s a quick rundown. The concept of bootstrapping refers to starting a company with very little capital from outside investors. When a new company is founded and built solely through personal finances or operating revenues, it is said…
For decades, we’ve followed the rule that business is business. To put it another way, profitability matters more than making a difference. This viewpoint has changed, though, as more and more businesses embrace the “business as a force for good” mentality. As Cheryl Fields Tyler, CEO of Blue Beyond Consulting, points out in Forbes, “Business…
If an economic downturn doesn’t occur, it will be surprising. Inflation has remained tamed for over a year thanks to the Federal Reserve’s interest rate hikes. We have already seen more stringent credit conditions. There are even some regional banks that have closed their doors. However, even the Fed’s staff economists anticipate a recession even…
Can you imagine building a business that keeps growing even after you leave? What this means is that you have worked hard, and you’ve built a great business, and when you leave that business, you will be left with the freedom to do other things — while still reaping the rewards from your business’ success.…
Over the past decade, video has become one of the most significant trends in marketing. However, video marketing continues to gain popularity — and marketers are getting better results than ever before. Don’t believe me? Check out these eye-opening stats: In the US, there are 244.4 million people who watch digital videos. It is estimated…