1. Feeling obligated to give friends and family a stake in your company 

Most people make this mistake, which is one of the top mistakes that often lead you to big losses. Offering or granting ownership to other people that are their friends or family. 

You should invest in people if they contribute to your business at present or in any way in the future. They may be offering you a few things to help you grow up your business. 

But if they are not contributing to your success and your journey in any other way possible, you must not plan on investing in them. You are not obligated to give your friends and family a stake in your company.

You must be allowed to get the best of yourself from your business for yourself. But it would help if you did not feel like you should give away yourself and your business to your friends and family. 

Your family will naturally be getting all that you leave for them when you die, but that doesn’t mean you should be given complete authority over your business. Because they are related to you somehow, you are not entitled to give them everything you have. 

2- Signing documents with your personal name instead of your business name 

Many people think that signing with their business name or with their personal name is the same thing. Many people will have LLC in place, but they will still sign documents with their individual names. Thinking they can sign for their business with their personal name puts them in a difficult situation.

The same thing goes with bank loans and party loans. You should be aware of the consequences of signing with your name or a personal guarantee. When you sign personally, you can not protect your business by saying that it is only a business problem. It falls onto you, and you have to deal with your business issues personally as an individual. 

3- Not having legal contracts 

Some people will often claim that they agree with the contract with their partners saved in text messages and voice notes. They think this is a form of contract, but that isn’t how it goes. Anything said in text messages, voice notes, or even emails is not validated by law, and it doesn’t also apply any legal actions on it. You can use this stuff in evidence, but doing this will rise up your fees and legal expenditures. 

You cannot payment deals or all other things of this sort in text messages. It is very hard to translate text messages in any agreement. Hence you have to put all the details of your agreements in spate email and a spate document and get each paper signed as well. 

Use your email to send these copies to other people but don’t rely on your text messages to store your agreements for the long run. 

About David M. Walker Esq:

Before opening this firm, Atlanta contract attorney David Walker worked at large law firms that represent Fortune 500 companies. He served as president of a venture capital firm, where he took a Korean company public in the US and raised over $22 million. He also served as corporate counsel to a high-tech public company

Because of his experiences, Atlanta business attorney David Walker knows the issues that a business owner faces. He has made it his job as an Atlanta business lawyer to deal with these issues, so that the business owner can concentrate on other things.

To learn more about David, visit http://davidmwalkeresq.com/trademarks-and-copyrights/

Are you the one who wants to make money without leaving home? Getting money easily at home must not be a complicated thing at all. Making money from home is the most blissful thing many people already are enjoying, and many others wish to enjoy it. So Are you searching for ways to make money at home and have not yet been able to find the right source of making money?

Don’t worry! This article is here, especially for your rescue. Many people either starting their business or doing a job from a remote location, thus making money easily at home.

Making money at home may not be that simple but is not difficult for a devoted individual. We have made a list of 5 top ways to make money at home to get an idea and may pick one to start working and earning.

1. Start an Online Job or Become a Freelancer

Becoming a freelancer these days is one of the topmost ways to make money at home. There are multiple sources of making money through freelancing: writing articles and blogs, social media management, which includes management of businesses, companies, or page accounts on Facebook, Instagram,  email, etc.

One can also begin digital marketing. But none can earn without expertise in a specific field, so you should try to practice and do an online course. There are many authentic pages available on social media providing easy and affordable courses for the purpose. 

2. Graphic Designing

Graphic designing is one of the most highly paid ways of making money at home. Graphic design is a craft where professionals create visual content to communicate messages. By applying visual hierarchy and page layout techniques, designers use typography and pictures to meet users’ specific needs.

And focus on the logic of displaying elements in interactive designs to optimize the user experience. Through this field, many have made thousands of dollars at home. So this can be a highly recommended way of making money at home.

3. Start a Youtube Channel

Another way of making money is to start a youtube channel. Having a youtube channel can make a lofty income once your channel gets on track.

You can even start making makeup tutorials, gaming videos, reaction videos, or doing pranks, making other people watch it and help you make money by only giving a view to your content.

4. Become an Influencer:

You may know many social media influencers. Many people are making money by becoming influencers on social media. You can watch their content and take an idea from it. Some may give you some tips on following the same way as them. First, gain a healthy following on a social media platform such as youtube or Instagram, where people are making money more than anywhere online.

Then, you can charge for sponsored posts, create your online store and sell products, add affiliate links in your bio, get paid as a brand ambassador, create a book, get paid to appear at events, and more. Thus, being another considerate way to make money at home.

5. Create an Online Course

Do you have expertise in a certain field? For example, suppose you have studied Psychology. In that case, you can start an online course about the subject of psychology. You can also write an ebook on any trendy topic if you have good writing skills and sell on Amazon or other highly paid platforms.

These were the top 5 ways to make money at home; select your best way to make money online out of these and start trying to get on track. You will have to take the first step and hunt for opportunities. So make a decision today, take a start, never miss an opportunity and give your best to it.

You can also check our Business category blogs.

Small businesses mostly have a limited and tight budget to work with, which may make the promotion of your business a big hurdle. But, the good news is that there are many ways for you to market yourself to your consumers without even spending that much. 

As a business owner, you will probably not have the right time to research and identify these free marketing ideas. So let us find out a few inexpensive marketing ideas for you. 

Create a Free Google My Business Account:

For local businesses, a Google Business Profile has become of the very effective free marketing strategies now being available. This free listing will let your business show on Google Maps. The local area of Google Search, and the right-side Knowledge Panel for branded searches. 

Post And Engage On Social Media:

Increasing social media engagement and building the community online is a free way to boost your small business. While expressing your brand’s personality. It will also build trust with your audience. Create business accounts and participate in the big social media sites such as Instagram, Facebook, Linked In, Twitter, YouTube, and a lot more. This is something you may do whenever you have some minutes to spare. 

Tag People On Social Media:

Tagging all of your loyal customers, neighboring companies, or brand evangelists and vendors on social media may broaden the organic reach of your business’s new audience. It will help you grow your following and also attain more clients. Of course, you must also encourage your followers to tag all of you social media handle or business location in their posts. 

Use Hashtags:

One other free marketing tactic which may broaden your reach is to use hashtags in your social media posts. Social media platforms like Instagram, Twitter, and TikTok should be on your list. Broad on trending hashtags may help you reinforce your brand identity. But they must not be the only hashtag you are using. More specific hashtags are suitable for when you are giving resources or advice. Location-based hashtags are a definite must if you are running a local business. It would help if you didn’t also forget custom hashtags. 

Don’t Sleep on LinkedIn:

LinkedIn is a huge social media site that is mostly underutilized. Don’t only add network connections and then sign out of it. You have to enter into dialogue with the connections you make, share the blog posts, and join and contribute to forums and share quality content.

This one of the basic inexpensive marketing ideas. By enabling other professionals to do and grow your potential customers. You can build your brand and earn respect and trust in the industry. Also, encourage all of your employees to be active on the platform as well. 

These were a few inexpensive marketing ideas that will truly change how you view social media marketing. You will see digital marketing is an effective tool that shows results quickly. It also let you see the growth you are making every day. A small business can massively benefit from these ideas of social media marketing. These are the best cheap marketing ideas that many businesses are using to reach their maximum potential. 

Check out our latest article on Job vs Business.

Are you thinking of starting up your professional career and don’t know which side to choose? Either job would do for you, or a business is where you will flourish? Well, just as you cant decide one thing that is your super favorite, you cant also pick between a job and a Business. You can always find a handful of people that would hate the favorite dish you eat every day, and similarly, you may also find many people who like what you hate. Hence to go towards one side of job vs business is a matrix. 

We will try solving it up for you from the following comparison:

1. Money:

There isn’t any limit on how much and how fast you may earn in a business compared to a job. You will have to wait for a certain period to take a short vacation in a job setting. this is just the same for a good employee and a bad employee. Hence here, business lies above the line as it will give you money returns at any time in the month and let you be your boss.

2. Risk:

Running a business is far greater than being in a job. In the job environment, no matter what is the work role, you are always getting betting in a single direction that increases your chances of being rehired even when you lose the job. But being a business owner, you will have to spend time learning many things, and also the employers will be skeptical after seeing the business written in your profile.

You may also be kicked out of your current job but still manage to find a new job, and you may lose your business overnight but starting a whole new one will be one nightmare. Hence in this job vs business comparison, the job is better. 

3. Effort:

Efforts will take many years to establish your successful business and to create the right team. It will also require years to climb up the ladder and be the top executive in a job scenario. But in Business, you will have to make a lot more sacrifices, compromises, strong will, giving up on things, tension, and pressure. Hence the job is more accessible than doing a business. 

4. Freedom:

Indeed, after a specific time, there isn’t anyone more accessible than the boss. Nonetheless, by the time you reach that stage, you wouldn’t like being free, and being free will come at the cost of the loss or slowing down of your business.

 Any employee may be busy or free based on their roles by the management and abilities to handle their manager and client. Hence the job is better than business. 

5. Responsibility:

Bosses have just way too many responsibilities on them than anyone in their company. They have to manage their clients, employees, expenses, processes, and many other things. A good employee thinks of himself as the owner of the work given to him; hence he takes too much responsibility off the manager’s shoulder. If you are in a job setting, then you have lesser responsibilities than a business owner. 

Hence based on this job vs business comparison, what do you think it would do for you? Your business idea may keep driving you, and you are always working hard for it without getting tired.

When you think of a better job or business, you may want to weigh down your options and think keenly of what suits you more or less.

So what do you think? What wins in job vs business comparison for you?

Something that many of the true leaders would ask and ponder upon! How to build trust among your team being its leader?! So how to build trust as a leader? 

The answer seems quite intuitive. Most of us hold company off-sites and also run team-building activities. Informal lunches, the monthly social get-togethers, and everything that you do to bring your team along. And we also thank the team in front of all and have one-on-one meetings to build trust that is the right way? Right? Wrong!

Following three ways are found to be the tight steps on how to build trust as a leader.

1.Communicate the thought behind your actions

Around 26% of people in a survey have said that making your thoughts and intentions clear is the most effective way for trust building. This always makes sense. The intent is such a basic part of the whole definition of trust to start with.

Talking about the intent behind all your actions is being about why you are doing or saying something. And why you have made certain decisions. Be clear about why you are changing your mind about something; otherwise, it may wreak havoc on the relationships you have at work.

2.Be vulnerable as a leader

Around 28% of people in a survey have said that admitting to shortcomings and being vulnerable as a leader was highly effective in building trust. For employees and managers in a certain survey, they said how being vulnerable with the weaknesses you have shows empathy. The more empathetic people are towards you, the more likely they will trust in you. 

3.Follow through with your commitments

Around 18% of employees have expressed that only following through with some commitments was the most effective process to build trust. It seeks to be mainly powerful when it was found that 48% of employees have believed that their company has been all talk and no actual action on anything or something lately.

Hence when you have committed, follow through on it to build trust among your team members. Your commitment to work or anything you say will define how much you value your words, and it will reflect on the trust you are building with your team.

So Must Follow These Ways to Build Your Trust As A Leader!

These were the three main points you have to know when you ask how to build trust as a leader? Leadership and trust must both be present in the same setting for any team to work perfectly. Building trust as a leader may not be that easy at the start, but it takes time and patience to achieve anything that you have set your mind to, right? 

You can surely have meetings with your team members and appreciate them for their work, but these three factors must be check marked before you head out for the rest. 

Most leaders only focus on work and work! But this leads to uneven situations both in work done and in team members. You need to keep the balance and make sure you are always moving ahead of the team members’ mindset, and hence you will lead. 

David M. Walker, ESQ is a Detroit native who never imagined his life would be what it is today. Not only is he an entrepreneur, but he is also small business attorney. Working exclusively with start-up and small business owners to help them establish businesses, he has a passion for equipping entrepreneurs with the tools that are needed to establish capital and assert themselves in the modern business world. 

Through his hard work and drive, he has had a burning passion to work with entrepreneurs since 1998. This is what he had to say during an interview on Historically Black Since, “Before I became a business attorney, I graduated with a Bachelor of Science Degree in Mechanical Engineering from the University of Michigan. David is also the owner of Positivity Alkaline Water.  He stated “Ever since I walked into my first bottled water plant, I have been on a mission to build an efficient bottled water production and recycling facility for black communities.”

You can never have enough facts, but there are five secret tips every business owner should know when they are first starting out :

Tip 1 :Shift your mindset from employee to business owner 

3-8% people Americans get their money solely from their business. Meaning they don’t get a check from anyone or anything else , but their business. There is risk involved in it. You have to take risks to be a business owner. Most people don’t know about the stats. People know about many things that don’t have to do much with business. You have to think differently. You can’t think the same way you did as an employee, while being a business owner. You have to always be thinking of innovative ways to bring more money into the business , and not always worried about have them expenses. Focus on driving more revenue into the business, and let the expenses fall where they may

Tip 2: Learn how to manage your time

As an entrepreneur you are in control of your time. Although it may seem easier said then done, what many people fail to realize is that managing your time as an entrepreneur can be harder then when working for someone else. As an entrepreneur, starting off, it can take you 12 to 16 hours per day to generate money, and get your business going how you need it, versus being an employee and only working for 8 hours. You may find you are constantly working overtime to bring money into the business. You don’t have weekends, holidays, or a a set time when you are off. Being an entrepreneur is a 24/7 lifestyle.

Tip 3: Focus on your strengths and Hire your weakness

As a a business owner, you can’t do everything on your own. Just because you know how to do something doesn’t mean you should. Focus only on your strengths and income generating activities. Don’t be afraid to delegate.

Tip 4: Networking

Spend more time around other business owners to help grow your business. Don’t be afraid to meet new people, but pick with who and where you allocate a lot of your time

Tip 5: Securing Money

There will come a point in your business where you will want to seek outside funding. You will have to get more money, whether it be from investors, the bank, or friends and family. This can easily be achieved  if you can answer the following four questions.

• What do you do?

• Why are you good at it?

• How much money do you need?

• What does an investor get for it?

If you can answer all these questions, and you can gather money from anyone and from any source. Trigger the greed factor. Be prepared to answer all the questions that an investor is going to ask.

To Learn more about Attorney David M. Walker, ESQ visit: http://davidmwalkeresq.com/

To learn more about StarWalker Industries visit the link below

Bitcoins are gaining a lot of popularity each day while an increasing number of people are entering into the world of trading cryptocurrency. If you are also planning to enter this world, you need to know about its positive and negative sides. There are many cryptocurrencies that people are using in trade, such as Ethereum, Litecoin, etc. and you need to know about each cryptocurrency’s benefits. You can also check the Top 5 best Cryptocurrency to invest in 2021.

Let us see what the benefits of this kind of trading are: 

Transparency of information:

Every person has a top priority to see transparency in their personal or financial information when it is money transfer. In bitcoin, users see a lot of clarity as their complete information is always private and stored in blockchain technology. While on the other side, transparency helps users in proceeding with the transactions accordingly with complete freedom. 

Freedom to Make Payments:

The most significant advantage that the bitcoin holders get after they engage in trading marketing is the freedom to make their payments. They may easily send or get bitcoin payments independent of time, location, and also other limitations. Also, there are all of the payment options available that you may easily pick to get your hands on the bitcoins accordingly. 

Security and Control:

When talking about handling finances, the main two things that play a vital role are security and control. The ideal thing about BTC is that it lets users have complete control over it. Users may easily use their coins safely and securely. Another main thing is that as the whole transactions are based on blockchain technology. It gives high-level security to its users. 

Deficient Fees or No Tax at all:

As in fiat or traditional currencies, users have to pay fees when making transactions based on the amount of charge or any tax; bitcoin doesn’t need any of these. All of the transactions are done with BTC with low fees, and not even a single tax is charges on these transactions. 

Fewer Risks:

Among other benefits of cryptocurrency trading, the added benefit is the reduced risks. The first thing is that the whole transaction of bitcoins is based on blockchain technology, and this currency is present only online. While on the other hand, bitcoin gives transparency to its users. It helps them keep their information safe, either financial or personal. 

These were a few benefits of cryptocurrency trading. If you think that is cryptocurrency a good investment, then you must know that the coming time will be of cryptocurrency. Many people also ask why they trade crypto then they must understand that when you are buying cryptocurrency. You are buying the asset upfront in the hope that its value will increase. But when you trade on its price, you will take advantage even when the markets are falling and rising. 

Is cryptocurrency safe?

With all evidence and information stored online, cryptocurrency is the safest trading you will experience. 

Many people search for the best cryptocurrency to invest in 2021 because of the rising cryptocurrency trend worldwide. Cryptocurrencies have seen their massive boom in late 2017, which has now attracted a lot of spotlights. Investors are now eyeing the top cryptocurrencies to add a particular mix to their portfolios. We have listed down a few cryptocurrencies that you can invest in this year. 

Ethereum (ETH): 

With a Market Capitalization of $316 billion, Ether stands as the second-largest cryptocurrency created during 2015. The Ethereum Blockchain works over the smart contracts that let decentralized applications like the popular decentralized finance services (Defi). While the investors look at the bitcoins just as they see gold, Ethereum’s feature allows a far higher number of public blockchain transactions. Ether has the current value in USD of – $3,376.34.

Binance Coin (BNB):

With a Market Capitalization of $90.9 Billion, this is the third biggest cryptocurrency launched in the year 2017. The coin is from the Binance Exchange and the new ecosystem that the company is developing – Binance Smart Chain. Being one of the biggest in the world, the company is aiming to be the primary infrastructure service provider for the whole blockchain ecosystem. Binance coin’s current value is USD- $500.

Solana (SOL):

Solana is one of the super-fast growing DeFi ecosystems, and it has now become a native cryptocurrency coin that saw its value peak in the last month launched in March 2020. It has managed to be the 14th largest cryptocurrency in a short span having a Marketing Capitalization of $11.19 Billion. The Proof-of-History algorithm which it uses has the most speeds of transactions. As compared to above mentioned Ether, Solana offers low transaction fees for its traders. Solana offers lower transaction fees. Solana has the coin’s current value in USD of $47.07.

Dogecoin (DOGE):

Dogecoin is one of the cheapest cryptocurrencies to buy during 2021. It may also be the best cryptocurrency to invest in in 2021. Thanks to Elon Musk calling himself the Dodgemaster, this coin has been spotlighted after the dodgy history. Created back in 2013 as the meme coin, nobody thought of this coin to be legit, let alone get included in the top lists of cryptocurrencies. The price then spiked from $0.007635 to the all-time high of $0.074398 in less than around two weeks. All this came right after the GameStop incident and Elon Musk’s tweets. Its current coin value in USD is $0.4392. 

Cardano (ADA):

Cardano is now projecting a very promising potential growth. The coin has now surpassed its value of $0.182 in January to $1.45 during February. And hence it has become the most affordable cryptocurrency to invest in. The main reason behind this price hike is the very recent update that brought the strength to create the intelligent contractors that let developers start working over dApps, most new cryptocurrencies, and the DeFi sector. 

This coin also boasts its cheap transactions and a strong development team taking this project to complete decentralization. Its value in USD is $1.62. 

ADA is the list of the best cryptocurrency to invest in 2021. ADA may be your time to make big money by getting the best cryptocurrency to buy in 2021. These are going to last long in the list of best cryptocurrencies to invest in. 

You may have also thought of this question when you may have heard both of these words alternatively: how is entrepreneurship different from business. It is no surprise that people call business entrepreneurship and vice versa as well. But what is the actual meaning behind these two terms? We will find out now. 

It may be quite hard to fully and clearly explain the difference between a business and an entrepreneur. Still, as it is something that most people think upon, the following information is relatable. 

For example, this means that a businessman doesn’t have his main focus on innovation but more on making sure that the company is making a profit. Entrepreneurship focuses on generating new value, and this value may be emotional, social, and financial. 

What counts at this moment is that value for an entrepreneur is not only the profit but may also be something a lot less tangible but considered more rewarding for a person running a business. 

While a business focuses more on the small improvements of the existing situation, the entrepreneur tries to imagine how things may be in the coming future and make this idea a reality. 

The Main Focuses of a Businessman are on

• Administration of business
• A search of truth in the short form
• Logical, utility, linear and incremental
• Features
• Facts, verbal and measure
• Smaller rewards
• Profit

While on The Opposite The Major Focus of Entrepreneur is:

• Invention of business
• A search of what is interesting, long term
• Holistic, meaning, significance, and leap ahead
• Benefits
• Risk and uncertainty
• Potentially higher rewards
• Value

It is mostly a common assumption that the entrepreneur and businessmen are ideally the same, but both words refer to a wholly different individual having a distinct approach to business. In other words, the businessman follows the path engraved by some other individual with the unoriginal idea, whereas the entrepreneur thinks and also believed in making his path.

Now that you know How is entrepreneurship different from business, are you ready to start any of these two?

Conclusion

So this is How is entrepreneurship different from business. A business is a person who operates or initiates the business with the same old business idea. The businessman chooses to do the higher in demand or gives him most benefits or profit in return.

The firm faces stiff competition as most companies already exist in the market having a similar business idea. But the risk factor is a lot less as the existing companies have tried out the concept, so the failure chances are low. 

While an entrepreneur is a person who has the exclusive idea to start and establish a new venture and bring on a change in this world. An entrepreneur is a highly creative and innovative person, and he takes risks and endures unpredictability in business. The businesses started by entrepreneurs with new ideas and concepts for the first time are known as the start-up.

Many businesses these days are running all of their operations online, and hence they know they have to have some online presence through which people would search them up. But in all this buzz, do you have to run a website? These are the top 7 reasons why your business needs a website. 

1. Acts As An Anchor For Marketing 

You have to put in all of your effort in marketing all of your customers must know that you exist and are selling the services or products. Your website is the place where you will centralize all of your business operations and information. Your marketing messages will also reach your website and will be there for you to manage.

All of your potential customers will learn about your Business hence a huge help through the use of a website for you. 

2. Promote And Sell The Products And Services 

Your website for the local business may act as a digital brochure, sharing all of the up-to-date information on your offering and the direct sales tool. Plus, you may update the information in real-time and no waiting or paying for all of the new print materials.

In addition to adding a simple product list of the many, add more to your site, and help yourself make sales. 

3. Connects With The New Customers

More often than not, people will turn to the internet whenever they encounter any problem. When you have the website for your small business, you are there whenever the customers search to find a solution to their problem. This is how a website helps you in being able to be searchable.

4. Helps Local Businesses In Completing With Bigger Brands 

One huge misconception about the websites is that they are only for national companies or worldwide corporations with an audience worldwide. But in reality, the websites are as good for small businesses as they are for the bigger ones. These can help small businesses in competing with the bigger brands. 

5. Builds Up Credibility

When your customers know that you have a website, they instantly start trusting you more and think of you as something professional. Your credibility builds up, and you have the right way of doing everything. 

6. Allows You To Control Your Online Presence

When you are running your website, you are in control of both the content that you are producing and also the platform that you are marinating. This ownership will give you two main benefits. You may control the brand story and the business information as well. Hence you feel being fully in control of everything that you are doing and posting online. 

7. Is Simple And Affordable To Set Up

The simplicity that comes in setting up something as important as a website is why you should get it. You have to have a website so that your audience can reach you up but also because it is only so easy to start and set up. 

Conclusion:

These were a few reasons why your business needs a website, and they are proven to be beneficial. You can avail of all of these services and get the best out of your small business.