start up Archives - Passive Family Income

May 30, 2017

What Do You Need To Start A Business?

For many Americans, the idea of starting a business seems alluring. Instead of working for someone else, you can create your own hours and earn your own money. However, most of us believe that the process to start a business is long and complicated. After all, don’t you need to fill out a ton of paperwork and invest a lot of capital? Well, while some companies do need money to get started, that shouldn’t stop you from starting with the basics. In fact, starting a new business can be rather simple, if you follow these steps. Come Up with a…

May 14, 2017

How to Get Financing For Your Business

If you have a business idea that you would like to turn into a success story then the hardest part about it is getting it off the ground in the first place. Finance is something that many successful business owners like Lloyd Claycomb must focus heavily on when they are running a business which goes to show just how tough it is for those starting out. Thankfully we do live in a world where there is lots of options for funding for new businesses and there are many ways in which you can get it. Today we are going to take…

April 30, 2017

What new hires need to know to survive in a startup environment

So, you just got a job offer from a startup … congratulations! However, know that your life is about to get hectic and stressful; while online corporate training for busy professionals will school you on the basics, there are other things you need to keep in mind if you want to survive in the startup jungle. Below, we’ll run down what you need to internalize in order to thrive at the company that just brought you aboard. Throw yourself into its mission Unlike established businesses, who now mostly exist to make shareholders rich rather than solve real problems, startups are…

April 7, 2017

Timing is Everything: Are You Ready to Start Your Own Business?

According to the Small Business Administration (SBA), nearly 28 million small businesses currently operate in the U.S., with another 540,000 new businesses opening each month. Filing and establishing a business is a fairly easy thing to do, but understanding if you’re ready to devote your time and energy to the startup life is much more challenging. The decision to start your own business is exhilarating. After coming up with the idea for your product or service, you may be eager to jump right into the world of business ownership. At the same time that starting a business presents an array of…

June 6, 2016

How A 11 And 14-Year-Old Started A Successful Car Washing Business

I wanted to share this inspirational story with you about how my son and his friend began a small car-washing business in our neighborhood that has become so successful that my 11 year old son recently told me that he no longer had any use for the pocket money which I was giving him. I want to share the story to give hope to any one out there who has an acorn of an idea that is scared of taking the plunge and going for it. If two kids can grow a business from scratch then you can too. The…