Tony Awimbo

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The 15 Numbers Every Investor Needs to Know

These Figures Are Critical for Investing, Taxes and Financial Planning<p>In a world full of numbers, it is easy to lose sight of which ones are most important to your personal finances.<p>Just as a doctor checks your vital signs, certain figures are key indicators of your current and future financial …

Investing

5 Secrets to Achieving and Maintaining Work-Life Balance

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>In a world where more and more people find themselves working in roles that could be considered “always on” jobs, how do people achieve and maintain work-life balance and how do companies and leaders promote this way of life? It is a …

10 Ways to Say 'No' That Won't Damage Business or Relationships

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Every entrepreneur I know can’t find enough hours in a day to do the good things they want, and yet they often find themselves saying yes to new requests. Perhaps because they are optimists by nature, or they just hate to disappoint …

30 Years Ago Warren Buffett Gave Away The Secret To Good Investing And Correctly Predicted No One Would Listen

In a speech at Columbia Business School, later adapted into an essay, Buffett introduced what he called, "The Superinvestors of Graham-and-Doddsville."<p>Buffett writes:<p><b>"The common intellectual theme of the investors from Graham-and-Doddsville is this: they search for discrepancies between the value</b> …

Six Customer Trends That Will Build Or Break Your Business

<i>Here are six trends in customer expectations and behavior that have</i> <i>affected your business in the past year and will continue to do so moving forward. Have you adapted to these yet? If not, I suggest you step on it.</i><p><b>Customer Trend #1: The Demand</b> <b>for the Instantaneous</b> <b>and the Expectation of …

The Physical and Emotional Truths of Entrepreneurship

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>He looked at me as if I had just set his office ablaze.<p>I hadn’t done anything of the sort.<p>I had however vomited in his wastepaper basket.<p>It was a wire mesh container and it was not a pretty sight.<p>He was my $450-an-hour lawyer.<p>This …

What Your Flaky Behavior Is Really Telling People

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>There are certainly no shortage of reasons -- or excuses -- as to why you needed to cancel a meeting 30 minutes before it was scheduled, or why you were 20 minutes late for a call or appointment. I know what you're thinking: "but I was …

Monetize Before You Launch: One Entrepreneur's Lessons Learned

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>At age 6, I convinced my neighbor, another 6-year-old, that we could become millionaires before we were 18. (“Think about your education,” I told her. I was a tad precocious.). We’d enter a proven market (making popcorn balls. They are …

Before You Bring a Co-Founder on Board, Ask These 5 Questions

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p><b>Q: When I have found a potential co-founder is there a systematic way to find out, if we two are compatible with each before becoming actual co-founders? And what should I offer to him or her in exchange for their efforts, if I haven't</b> …

Why Adopting a 'Campaign' Mentality Can Poison Your Marketing Efforts

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Jerry owns a bakery and wants new customers. After the first quarter, he takes down his sign, stops all ads and doesn’t send any follow-ups to customers who have tried his pastries. He’s shocked when business stops trickling in.<p>This might …

Customers

How the Internet is giving Small Business Saturday an edge

Today is Small Business Saturday. Main Street shops across the country will have their chance to get a share of the holiday dollars, as voices from …

12 Lessons From The Extreme Success Of Howard Schultz

With more than 21,000 stores in 65 countries, Starbucks is one of the fastest-growing companies in America.<p>The company skyrocketed from 425 stores in 1994 to 19,767 by 2013. And there's no reason to believe it has any plans of slowing down.<p>So how exactly did the brand experience such phenomenal …

What the Father of Lean Startup Thinks You Need to Start Up

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>In my first tech startup, we raised $1 million. I worked 20-hour days and used every ounce of blood, sweat and tears that I had. The stress even caused a fistfight with my co-founder. He’s much bigger than I am, so I bit his ear like Mike …

The 9 Biggest Financial Warning Signs

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>When you’re running a business, the ultimate sign of financial distress is usually running out of cash – you just don’t have any money left. However, even though it seems obvious, running out of cash is almost always a symptom and not a …

What the 'Internet of Things' Means for Enterprising Entrepreneurs

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>It’s the tech term du jour: the "Internet of Things." Simply stated, it's the connection of technology devices to the Internet, everything from smartphones, coffeemakers, cars and lamps to anything with an on-off switch.<p>In many ways, the …

Internet of Things

5 Ways To Get Prospective Customers to Choose You

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>In the world of business marketing, the strategic focus has slowly shifted from seeking potential clients to making them want to come to you.<p>In other words, you as a business owner can finally forgo the drudgery of always having to jump …

Consider These 10 Strategies When Preparing to Grow Your Company

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Startups go through three distinct phases early in their lifecycle: building the product, selling the product and growing into a sustainable company.<p>Preparing a company for growth requires taking concrete actions in evolving product and …

Meteoric rise of a jack of all trades

Jack Ma transformed China’s export economy with Alibaba, the retail giant poised to overtake Walmart with the biggest market debut in US history. The Telegraph reports on the man behind the phenomenon<p>Jack Ma, China’s leading internet entrepreneur, once described himself as a “crocodile in the …

Aiming To Be The Coinbase of Europe, Sweden’s Safello Raises Investment Cash

Billing itself as the “Coinbase of Europe” Sweden based Bitcoin company Safello has raised a $600,000 investment round lead by Bitcoin advocates Erik Voorhees (co-founder of the Bitcoin company Coinapult) and Roger Ver (Angel Investor & Bitcoin evangelist), and participated in by Blockchain.info …

Distractions Killing Your Flow? Try This Method.

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Are distractions getting in your way? Have you noticed that many times when you are focusing on your work and are approaching that momentum where things start to flow easily, you get interrupted?<p>Most entrepreneurs have created …

Time Management

6 Tips to Create a Top-Notch Crowdfunding Video

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>One major key to crowdfunding success is by creating a good video that sells your campaign to potential donors. In fact including a video will up your chances of success to 50 percent, according to Kickstarter. You don’t need to be the …

Crowd Funding

The Secret to Hitting Startup Gold Twice

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>I can't speak for other entrepreneurs, but for me there were few challenges more daunting than leaving my first major success. I had been working as the VP of marketing at Mint when we were acquired by Intuit, a software company focusing …

Entrepreneurship

5 Steps to Build a Creative Business from Scratch

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Any economist will tell you that the creative sector is a leading component of worldwide economic growth, employment and trade. Over the last decade, there has been a significant shift from individuals choosing to work in traditional …

Social Media