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The Wealthy EntrepreneurĀ Blog

"Successful entrepreneurs are not satisfied with status quo. They are constantly looking for new opportunities to improve their current situationĀ and increase their impact."Ā 
Robert Gauvreau

What Are Variable Costs?

One question that always comes up is what our variable costs?

And it's kind of a strange item that would continuously come up. But it's so important because variable costs are a key driver of...

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What Is Operating Income?

One question that comes up very frequently in our office is what is operating income?

And before understanding what the answer is to what is operating income, we need to understand the elements...

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What Is Total Business Revenue?

A question that comes up often is what is total business revenue and why is it important that we understand that number in our business?

So just to take a step back inside every business, there's...

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The Two Ways to Grow a High-Performance Business

If you want business growth, you need to increase the number of people who know, like, and trust you and your business. Discover how you can do just that. 

Working with Tony Robbins gave me...

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Why You Should Fire Yourself

If you find yourself in a position where your customers always insist on speaking with you directly instead of your employees, then you might want to consider shifting your structure so you can...

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Why the Future of Your Business Is Critical to Its Value

As a business owner, you’re likely proud of the results you’ve achieved in the past,  but when it comes to the value of your business, your future is critical. That’s why ...

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Why Startups Stall

Have you ever wondered why startup companies stop growing? Sometimes they run out of potential customers to sell to or their product starts losing market share to a competitor, but there is often a...

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The Simplest Form Of Recurring Revenue Virtually Every Business Can Adopt

Recurring revenue makes your company more predictable, extends the lifetime value of a customer and ultimately makes your business more valuable. If you’re unsure how to create these...

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Which Is Better, a Financial Buyer or a Strategic Buyer?

If you decide to sell your business to an outside acquirer, you’re going to have to decide between a financial and a strategic buyer—understanding the different  motivations of...

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The Surprising Way Companies Like Netflix and Amazon Conduct Market Research

Companies like Netflix, UrthBox, and Amazon are leveraging the subscription business model to discover what their customers want next. 

In a traditional business, the customer buys your...

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