HomeOther NewsNine Things That will Destroy Your Business

Nine Things That will Destroy Your Business

Published on

Spending Lavishly

This is obvious. Any entrepreneur will tell you that running a small business especially in the first 5 years is feast of famine. You may have a great first quarter but the second quarter may be dismal and if you don##Q##t have savings to make up for the lack of business, you will stress yourself out unnecessarily. That##Q##s why people go on vacations once or twice or three times a year, NOT every month. In addition, once you consider what you may be paying on interest for that new luxury car it may behoove you to see what it would cost you to buy it in cash or used from a private owner who is experiencing financial difficulties because he or she, I don##Q##t know, SPENT MONEY THEY DIDN##Q##T HAVE? You can also get a car for damn near 1/3 the price at an auction or you can save a lot of money by buying it from a credit union. Those thousands of dollars would serve you much better in your bank account than going to the car dealer who is charging you a ridiculours interest rate because you have a small business. We can have those luxuries AND have backup funding which is ALWAYS needed if we must spend WISELY instead of LAVISHLY

Latest articles

10 Best Loans for Students

10 Best Loans for Students Loans for students are a necessary evil. Student debt is at an all-time high with this year's debt reaching 1.75 trillion. While, at the same time, the nation-wide average for unemployment has skyrocketed with 6.3 million experiencing joblessness. Thus, finding promising loans with affordable interest rates is more important than ever. Sofi Fixed APR: 2.49%-7.59% Variable APR: 1.74-7.24% Maximum Loan Amount: 100% cost of attendance With a shockingly low fixed rate of 2.49% -7.59%, Sofi is the number one lender at BlogWallet. [...]

Rappers Myron Rainey and Christian Sanders Shot Dead in Ohio (Video)

https://www.theindustry.biz/wp-content/uploads/2024/11/Screenshot_372.pngOver the weekend, a tragic shooting occurred in Shaker Heights, a wealthier neighborhood in...

Who is Kevin O’Leary?

Discover Kevin O'Leary, the renowned Shark Tank investor and business mogul. Learn about his entrepreneurial journey, success strategies, and impact on the business world.

Ex Radio Jock, Stephon Ferguson, Makes Living Imitating Dr. Martin Luther King around the World

KUDOS to a former radio jock for using his radio leverage to create an amazing opportunity for himself. Stephon Ferguson, 48, discovered his amazing ability to emulate one of the greatest leaders of our time Dr. Martin Luther King by chance in the late 90s. Ferguson was mixing a vinyl recording of Martin Luther King Jr.'s famous "I Have a Dream" speech on Motown records with a beat and he was overheard by a friend who came into the room asking if that was him.” Ferguson told ABC News. [...]

How Skillshare Democratized Learning and Created a Global Community of Creators

Discover how Skillshare revolutionized online learning, empowering millions to explore their creativity and learn new skills in a vibrant global community of creators.

The Birth of Native Instruments: How They Changed the Landscape of Digital Music Production

Native Instruments revolutionized digital music production with innovative software and hardware. Discover how this tech pioneer transformed the industry landscape.

Chicago Budget Passes Amid Migrant Spending Chaos (Vidoe)

In a tumultuous session held at Chicago City Hall, the Chicago City Council narrowly...

Entrepreneur Mistakes: Unimportant Interruptions

Do not allow anyone to throw your day off. Nothing like  unimportant interruptions For some odd reason, many people think that black entrepreneurs do nothing but sit around and twiddle our thumbs and wait for money to come in. I guess this is why we get unimportant interruptions during the day? They are really under the impression that because we do what we love we're not working. And part of that is correct, we're not working. But we're always busy and we never sleep. [...]

10 Tips on How to Improve and Make More Money with Your Business

One of the greatest complaints and challenges in business is almost always money. We...

How to Manage Your Business Calendar Automatically with Tech

Discover smart ways to streamline Business Calendar Management using automation tools and tech solutions. Save time and boost productivity with these essential tips.

More like this

Black Business Owners Hoarding Info from Each Other, Stunts Growth, Creates Contempt

One of the greatest testimonies to your success is when others try to do...

NESTA Fitness Association Expands Facebook Group to Offer More Up-to-Date Information for Fitness Trainers, Nutrition Experts and Personal Trainers

Rancho Santa Margarita, CA, December 29, 2011 --(PR.com)-- After a recent re-launch...

Violent Double Shooting Sparks Fear in West Shelby Drive (Vidoe)

Memphis, TN – A devastating double shooting occurred on Monday afternoon in the southwest...

Study Sheds Light on Mental Health of Black Entrepreneurs

Hustle culture can be exciting and motivating, but it leaves little room for focus on mental health, particularly for Black entrepreneurs in a socially unjust system. Digital Grass developed a six-week South Florida GROWTHerapy program to help destigmatize and promote mental health services in the tech and innovation communities. They combined statistics, feedback, and results into an illuminating study. Entrepreneurship is empowering and rewarding but can often be overwhelming. [...]

Mayor Karen Bass, Gina Prince-Bythewood, Devyn Bakewell, Pat Prescott, Among Honorees at the Black Business Association 2023 Salute To Black Women

On Saturday, March 25, 2023, Black Business Association (BBA) President and CEO Sarah R. [...]

Myspace: 7 Things That Kept This Musical Platform Alive

Myspace: 7 Things That Kept This Musical Platform Alive This may be hard to believe, but Myspace is alive and well. Remember the times of booting up your computer and waiting those loooong minutes to finally be able to go on Myspace, a place where you could be as weird and wild as they come and chat with other musicians, people who understood the craft and loved it just as much as you? [...]

From Reddit to Investing: How Alexis Ohanian Built His Legacy as a Tech Titan

Explore Alexis Ohanian's journey from Reddit co-founder to tech investor and influencer. Discover how he shaped the internet and inspires entrepreneurs worldwide.

Tom Joyner Gives Exclusive Interview to Radio Facts about ending the Tom Joyner Morning Show

TOM JOYNER A legend has spoken and we have all listened, and the truth is we have been listening intently for the last 25 years to a true icon. He’s one of the greatest radio personalities of all time. The Tom Joyner Morning Show wraps on December 31, 2019, and radio history has been made. Tom Joyner has not only established himself as one of the most prestigious and recognizable figures in radio, but his legacy transcends the airwaves as a powerful HBCU Foundation advocate and supporter as well as a black community supporter. [...]

Xconomy Launches Xperience, the New Consumertech Section of Xconomy

Cambridge, MA, April 19, 2013 --(PR.com)-- The innovators and entrepreneurs covered in the...