“What’s the first step to starting a business?” Common answers to this question include coming up with a name, figuring out who your target market is, identifying the products and services you want to sell, identifying a location for your business or setting up an LLC. These tasks are all important, but I would argue …
It’s been about a month since I sent out my last update, but here’s what’s been going on that you might find interesting: Aggressive 2018 Goals for MarketBeat I am hoping to grow MarketBeat to $4 million in revenue in 2018. It did $3.45 million in 2017. I plan on devoting 90% of my work …
It’s been about a month since I sent out my last update, but here’s what’s been going on that you might find interesting: – MarketBeat is continuing to grow and it’s growing in a way that I hadn’t expected. Much of the growth has come from selling subscriptions. Currently about 2/3rds of our revenue is …
It’s been a few months since I last sent out a monthly update, but here’s what’s been going on that you might find interesting. – Earlier this year, I made a significant pivot to focus less on side projects and more on my core business (MarketBeat). I decided to stop publishing new books for the …
Toward the end of last year, I was seriously considering selling MarketBeat and moving on to my next project. The company did not see much growth in 2016 and I thought I had grown the business as large as I could with my current skill set. The work had become mundane and I just wasn’t …
I have been involved in the Sioux Falls entrepreneurial ecosystem for about four years now. During that time, I’ve seen many people get interested in entrepreneurship, make plans to start a company and give up when their business isn’t an immediate hit or they realize how much work it really is to start a company. …
For the last several years, I’ve tried to make a name for myself in the internet business education space in the same vein that Pat Flynn, John Lee Dumas, Jaime Tardy and many others have. The idea is that by branding oneself as an expert in the space, one can build an audience, sell digital …
Health and fitness is not a subject that I thought I would ever find myself writing about. I’ve never enjoyed strenuous exercise and have had an unhealthy appetite for soda, fast food and candy for as long as I can remember. I’ve been at least twenty-five pounds overweight since I graduated college. I had the …
If you’re an entrepreneur in the Sioux Falls area and you haven’t been to the Zeal Center for Entrepreneurship, you are missing out on a hub of support and resources for growing businesses. The Zeal building, which is on the northwest side of Sioux Falls near Southeast Tech, houses a mix of idea-stage entrepreneurs, scaling …
Imagine an organization funded by the SBA, the DoD, the Department of Commerce, and the SDGOED, chartered by USD, and operating under the names SBDC, PTAC, MTS, and SBIR. If you think that getting help from this organization must be like visiting the DMV, you would be mistaken. It turns out that the South Dakota …