Category: Money

If I were to start a new business right now and had no experience, no connections, no specific idea, and very little money, here’s exactly what I’d do.

The secret to success is our daily habits. I thought this was a secret that needed to be shared with everyone so I began writing books about these habits. To date, I’ve identified more than 300 of what I call Rich Habits — and here are a few of them.

Because often when people read an article about a business success story, they get the idea that the founders immediately struck gold and had massive success right from the get go. This is RARELY the case.

In the video below, Evan Carmichael documents Richard’s 10 rules for entrepreneurial success, from the man him self...

For the most part, the richest people in the world didn’t get to their position overnight. They didn’t stumble into money, and it wasn’t given to them as a gift. They accumulated it, and continue to maintain it, as a direct result of their daily habits and their underlying philosophies.

This is piece was written by Jeff Raider, Co-Founder and Co-CEO of Harry’s, with input from key members of the Harry’s team.

Look, I’m going to show making $1,000 brain dead simple for you because I’ve done all the research for you in this guide. But before I do I’m going to ask you a simple question to help you understand a concept very near and dear to all of our hearts.

It's easy to be derisive toward things we deem as dumb or subpar or belonging to unwashed philistines. But it turns out we should probably bite our high-falutin' tongues. To illustrate what we're talking about, we asked our readers to give us the low down on products we consider to be beneath our tastes. The results will make your monocles drop.

In total, our new analysis suggests that sales success requires the right engagement model with customers, the right relationships within your own company, and putting in the needed time and energy. These insights may seem intuitive — and in many ways they are — but, according to the data, the details matter.

Paul Tudor Jones is the founder of the hedge fund Tudor Investment Corporation. The New York Times reported in March of 2014: Mr. Jones can “claim long-term annual returns of close to 19.5 percent in his $10.3 billion flagship fund, Tudor BVI Global.”

In my experience with entrepreneurs, there seems to a wealth of self-proclaimed “idea people” who aspire to start businesses, but only a few who are willing and able to dig in and get the job done. All the great ideas in the world won’t make a business, if the ideas never get implemented. Only rare great entrepreneurs, like Bill Gates and Elon Musk, have proven to be both.

Entrepreneurship is pretty sweet. But let’s keep it real. Running your own business is also challenging, humbling, and at times downright terrifying. What can you expect in your first year of business?

A seven-figure nest egg may feel far off, but these millionaires—and millionaires in the making—have figured out the keys to financial success. From smart investing to aggressive saving to launching a business, check out their tips for reaching your million-dollar payday. (And then read the rest of our advice for How to Reach $1 Million.)

This left me with something of a dual view of owning rental properties. On the one hand, they seemed like they could earn you a lot of money, plus you’d own the properties. On the other hand, it looked like there were more costs than I expected and there were other big risks, too.

Comcastrodors, please welcome Rob London to the podcast. Rob left Wall Street and the finance industry to become a now twelve-year veteran talent agent representing athletes within the NFL and several other professional sports organizations. He was also an official candidate to become the executive director of the NFL Players Association this year. Rob shares with us his perspective on fostering talent, the business side of sports, and general advice for professionals finding their way.

We know tracking your progress and metrics are important, but how do you measure your business in a way that enables you to make good business decisions?

Unprofessional? Here are the behaviors that send the opposite, more positive message.

The purpose of this post is simple: to teach you how to get a $1,000,000 business idea off the ground in one weekend, full of specific tools and tricks that Noah has used himself.

The job interview question “Tell me about yourself!” can stump a job-seeker, but I’m more worried about the folks who aren’t stumped by it.

In an email sent to his senior team — also known as the STeam — in 2004, Bezos explained why Amazon would no longer be using PowerPoint presentations.

One floor broker, who will remain anonymous, took the time to explain his role in the market and daily routine.

From tropical to wild and windswept, there's an island to suit all tastes. Bargains can be scooped up across the globe but central America, Scotland, Ireland, Sweden and Canada offer the best deals.

People assume you have to be rich to invest. They think investing is too risky. They believe they’re already investing because they own a home. These common myths keep people from building a basic portfolio. And, if you ever plan on retiring, you’ll need that portfolio. Don’t let these myths get in your way.

To avoid this workplace setback, we can employ simple mind techniques that'll have us being productive before we know it. Just keep in mind that everybody works differently, so while one method may strike productivity gold, another might be a blunder. Here are a few psychological tricks that could help improve your productivity.

When contemplating the lives of those we consider successful, we focus on the person. What he or she does, their habits, how disciplined they are, and the story of how their brilliant idea propelled them into business stardom. This is understandable because it’s what we see. We see Richard Branson launching a new venture. We’ve seen Mark Zuckerberg morph from techie to CEO. We watched closely as Oprah transformed herself from mega successful talk-show host to multimedia mogul.

Jonathan Kinas, Avin Samtani and Rob Peck had their valuables stolen from lounge chairs at a South Beach, Miami, resort in 2011. The friends came up with an idea that would turn their misfortune into opportunity.

Brothers Fred and Mark Hajjar own a clothing company. And it’s pretty successful, generating about $3.5 million in revenue last year. So it’s reasonable to think they’d know something about fashion.

There is a special art to choosing the perfect word for a situation, particularly in the workplace.

In order to help you determine what to avoid, here is a list of some of the worst advice successful entrepreneurs — such as Warren Buffett and Mark Cuban — have ever received.

You already know the common strategies for saving money: Automatically set aside a portion of your paycheck, stick to a budget, plan your purchases, and so on. But there are also simple (if surprising) psychology tricks that can help us save even more. Here are ten such mind hacks.

Are you one of those people who are convinced they have to put in more hours to make more money? That was my belief, too, until I started surrounding myself with successful entrepreneurs who have put systems in place so their businesses will thrive with or without them.

If your career plan is to become a hedge fund trader or play some other role in the financial services business, you probably need an MBA just as the price of admission. If that's you, don't bother reading this post.

Because VCs deploy large amounts of capital and expect significant returns, the process of raising money from these so called institutional investors is far from trivial. At Techstars, we spend time with the companies talking about raising money, and in this post I'll discuss some of the things you need to know if you are looking to raise venture capital.

It seems like forever since the first episode of "The Apprentice" appeared in January 2008. The show was a hit, catapulting Donald Trump to greater national prominence and ultimately making a mini celebrity out of the first season's winner, Bill Rancic.

Welcome to the first post in our new series, The Hero’s Journey. We’re tapping the collective wisdom of our audience to learn from their business journeys.

Richard Branson founded his first business, Student magazine, after dropping out of high school at age 15. He soon cofounded the Virgin record store, which then grew into a record label. After 10 years of great success, Branson left his business partners dumbfounded when he announced he wanted to branch into the airline industry.

The busiest time of year for real estate is right around the corner, so thousands of Americans are getting ready to put their homes on the market. If you plan on selling, here are five ways to make sure your home sells fast and the closing goes as smoothly as possible.

But are there any reasons apart from the obvious advantages? Is there benefit when we give discreetly, wisely, and even anonymously? Consider these three surprising benefits:

Below are 12 essential behaviors that exceptional leaders rely on every day. Give them a try and you can become a better leader today.

As some publishers struggle to grow their web traffic, one company believes increasing the ratio of some words in headlines could draw in readers. Researchers at native-advertising company Sharethrough says they have narrowed down a thousand words in the English language that are proven to elicit higher emotional engagement.

In one of my favorite books, Think and Grow Rich, Napoleon Hill, the author of the book, tells his readers to study great men (or women). To study them intimately. Study them in such depth that we know their routine, even how they think and how they’d react to situations in our own lives. Know them in such a way that we can theoretically go to them for advice. Understand what made them great, even what led to their downfall. Incorporate the good into our lives, and steer clear of the bad.

You have to continually expand your knowledge to succeed as an entrepreneur. Thankfully, educational institutions and technology are making continuing your education more convenient through online course. While there are thousands of  informative and inspiring online courses you can take, here are classes you definitely need to enroll in if you want to be an entrepreneur.

According to new statistics released by the U.S. Census Bureau, there were 30,174 “nonemployer” firms that brought in $1 million to $2,499,999 in 2013. That’s up from 29,494 in 2012 and 26,744  in 2011.

The work is still fun, but you don’t feel the same passion anymore. Whole days slip by sometimes and you have no idea what happened; you certainly don’t have much to show for it.

Want to learn the negotiation tactics of an MBA? I’ve cleaned up and distilled notes from the excellent negotiating course I took in MBA school taught by MIT lecturer John Richardson.

Here, we've selected six of the most compelling and relatable stories. Best of all, you can read each one in less than half an hour, boosting your business savvy before you know it.

Whether teaching disco dancing or working as a spy, these executives vaulted to the top from unusual beginnings.

Let’s consider how to challenge the status quo, create a culture of creativity and develop a workplace that’s nimble and adaptable to change.

When late Apple CEO Steve Jobs and then-retail-golden-boy Ron Johnson were getting ready to open the first Apple stores (a story I detail in my latest book, High-Tech, High-Touch Customer Service), they asked around Apple headquarters in Cupertino, California: "What's the best customer experience you've ever had yourself, as a customer?"