In the post Getting Rich As An Entrepreneur I answered a question asked by a reader, who remarked that they: … could easily make more working as an employee, and with less risk. To which I replied sarcastically, suggesting that they, shut down their business and go get a job, because you would have to [...]

A reader asks: I’m a new entrepreneur but I’m struggling to get rich, I could easily make more working as an employee, and with less risk. Then I suggest you shut down your business and go get a job. You’d have to be a complete idiot to take more risk for less money. I hear [...]

Having decided to dedicate a section of this blog to helping people avoid business opportunity scams I’ve now got to deal with the difficult issue of deciding what I define a ‘business opportunity scam’ as. Now I know some people would consider that to be fairly simple and might offer pithy answers such as ‘any [...]

Fred Wilson a venture capitalist and blogger based in New York has recently blogged about the idea of a Startup Visa. Described in his own words: It is the idea that anyone who wants to start a business here in the US and can attract a modest amount of investment capital should be granted a [...]

I’ve had quite a few self proclaimed business ‘experts’ want a mention on this blog recently. Usually they tell me how they are special, generous or different because they “don’t expect to be paid”, instead they “work for equity”. I think you should avoid them at all costs! Why? Firstly I question either their expertise [...]

Last week I received a press release from the OFT (Office of Fair Trading). Their PR firm sent it to me to raise the profile of Scams Awareness Month. The PR firm got me interested by claiming that the OFT in collaboration with local Trading Standards Services are going to tackle Work From Home Scams, [...]

In a recent blog post Seth Godin wrote: Watch the pennies and the dollars will take care of themselves.” I’m not sure this is true. In fact, I’m pretty sure that if you watch the dollars, you don’t have to worry so much about pennies. Big brands don’t sweat the small expenses. They don’t hassle [...]

New businesses often get their marketing wrong. They spend too much, too soon – and on the wrong things. Then, when they have their act together, there is no money left to invest in promotional activities which will drive business growth. The net result is inconsistent promotion of the wrong message to the wrong people. [...]

A reader asks: Can you give me some ideas on how to get rich quick? Well that rather depends on how you define ‘rich’ and what you mean by quick. For arguments sake lets assume you mean becoming a millionaire in under a year, starting with nothing more than the £2,205 savings that the average [...]

As the Internet, online news sites and blogs in particular have become more popular I’ve stopped reading printed newspapers. They seem rather quaint and old fashioned. Not everyone feels that way however. Some people, my dad for one, still enjoy reading their printed newspaper everyday. Although I suspect it’s the older generations that still enjoy [...]