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The 5 Phases of Cash Flow

Something that we find true for almost all the businesses we work with is that it costs their owners twice as much and takes twice as long as they'd envisioned to make those businessses profitable.

Many people feel that they just aren’t smart enough to be an entrepreneur, yet there seems to be no convincing evidence that a high IQ is a prerequisite for this lifestyle. We all know of successful businesses started by first-time entrepreneurs who dropped out of school, and according to many sources, “street smarts” (experience) tends to trump “book smarts” (intelligence) every time.

One of the most perplexing problems when it comes to starting an e-commerce company is: how do you get people to visit your new site? Even when you have trendy graphics and great content, you suddenly enter a vast megaverse of competing sites. Fight the temptation to start outright paying for the clicks via Web ads. There are low-cost ways to increase views on any site for any business.

When it comes to launching a small business, American entrepreneurs don't go very far. In fact, sixty-nine percent get started at home, according to the latest Global Entrepreneurship Monitor report.