Entrepreneurial advice Archive

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How to Set up Your Own Business

So you’ve finally decided to start your own business… and now what?  What do you do next or how do you actually set up your own business so that you’re operating as a business entity and have the proper legal structure?  Here’s a quick summary of the

MGR Book Recommendations

These are books that either I’ve read, or I’m reading right now. The truth is that even after I’ve read them, I keep referring back to these books several times to review certain bookmarked areas. A few of them are eBooks (Kindle format) others are traditional paper

He Who Doesn’t Fail Will Not Succeed

Failure.  This is a topic that I’ve wanted to talk about for quite some time.  Failure in business.  Failure in relationships.  Failure in personal goals.  It just seems like nobody likes to talk about failure, it’s like an off-limits topic.  We know we all face it every 

Trading Gift Cards for Cash

Well, the Holiday Season is not quite here yet but I figured any time is good to write a quick article about Gift Cards, cash and the pursuit of happiness.  According to research from CEB Tower Group, it is estimated that $110 billion worth of gift cards

Top 10 Google AdSense Alternatives to Monetize Your Blog

If you are a Blog Author or currently manage any type of authority website and you’re looking for ways to monetize your content, the first option that comes to mind is Google AdSense.  Unfortunately, for some strange reason, Google is becoming stricter with their terms and conditions

The Seven Habits of Highly Effective Entrepreneurs (MGR’s Exclusive Opinion)

1.      Your most valuable asset is TIME.  That’s right, forget money, homes, cars, investments and all other material things.  None of those will be worth sh*t when you don’t have time.  All the money in the world will not buy you any more time either.  When you’re

Are Entrepreneurs Born or Made?

So, you feel you have what it takes to become and entrepreneur and start your own business? More power to you, but make sure you know what you’re getting into. As a self-made entrepreneur myself (born or not, I don’t know) I always smile a bit when

What Racing Has Taught Me About How to Run My Business

Some of you that know me a little better know that in my “parallel life” I’m also a racer.  I own a Racing Series (www.ASCRacing.com ), I have my own race team (www.MGRRacing.net) and I just love racing and fast cars in general…  But since this is

Outsourcing to China – Not Always a Smooth Ride

Well, I don’t want to make this post a discussion on whether we should outsource work to China (or to any other country for that matter).  The fact is, the further away you outsource, the higher risk you have.  Yes, a higher risk usually translates into a

Treat Your Customers Like Partners. Your Customer is NOT Always Right

What? The customer is NOT always right? Now I got your attention! If you’re a person in a business dealing with customers or clients on a daily basis (it seems like any business out there), chances are you have dealt with customers who are “wrong” many times…