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The Wealthy Entrepreneur Blog

"Successful entrepreneurs are not satisfied with status quo. They are constantly looking for new opportunities to improve their current situation and increase their impact." 
Robert Gauvreau

5 Reasons Why Your Business Is Too Dependent On You

If you were to draw a picture that visually represents your role in your business, what would it look like? Are you at  the top of an organizational chart, or stuck in the middle of your...

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5 Lessons From Home Depot’s Acquisition of Blinds.com

Jay Steinfeld built Blinds.com into a $100 million e-tailer before selling out to Home  Depot. Here are five things that made it a spectacular exit. 

Win The Make vs. Buy Battle 

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4 Reasons Why It’s Better to Own a Big Chunk of a Small Company

Is it better to own a big chunk of a small business or a minority stake in a big company? 

It’s one of the fundamental questions all owners must wrestle with. Owning a relatively small...

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3 Surprising Reasons To Offer A Subscription

You can now buy a subscription for everything from dog treats to razor blades. Music subscription services are booming as our appetite to buy tracks is replaced by our  willingness to rent...

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How to Create a Recurring Revenue Model That Appeals to Customers

Have you struggled to identify a recurring revenue model that will work in your  business? 

If so, you’re not alone. 

Most owners understand the benefits of recurring revenue,...

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3 Ways To Make Your Company More Valuable Than Your Industry Peers

Have you ever wondered what determines the value of your business?  

Perhaps you’ve heard an industry rule of thumb and assumed that your company will be  worth about the same...

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3 Things Wealthy Business Owners Do Differently

Much is made of analyzing the personality traits of successful entrepreneurs. 

Some appear outgoing. Others are introverts. Some lean right, others left. Some are  flashy. Others are...

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3 Things to Consider When You Hit “The Freedom Point”

When was the last time you calculated the percentage of your net worth tied to  your company’s value? 

When you started your business, its value was probably negligible. Unless...

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Growing Fast? Here's What's Likely To Kill Your Company

If your goal is to grow your business fast, you need a positive cash flow cycle or the  ability to raise money at a feverish pace. Anything less and you will quickly grow  yourself out of...

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3 Invisible Gates That Stop Most Companies Flat

How many people can one person manage?  

Harvard Business Review estimates the ideal range for an experienced manager is between five and nine direct reports. Inc. pegs the sweet spot at...

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