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3 Reasons Most Businesses Don't Reach 6 Figures

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Alex Charfen is an entrepreneur, author and speaker who has used his experiences to coach small business owners on gaining momentum and growing their businesses. Charfen has experienced both tremendous failures -- like going bankrupt during the 2008 recession -- and incredible successes -- like launching a business and growing it to a revenue of more than $10 million per year. In this interview at Click Funnels’ Funnel Hacking Live conference, Entrepreneur Network partner Emily Richett talks to Charfen about the importance of taking care of yourself, knowing your market, and building a team. Charfen recommends these three things to build momentum:  Reduce the pressure and noise in your life Charfen teaches fast-growth entrepreneurs about how to take care of themselves first with hydration, nutrition, breathing and what he calls "daily momentum planning." “If you have the earning potential of a multimillion dollar athlete, you should treat yourself as one,” Charfe

5 Resources You Need to Start a Business

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The good news is that anyone can start a business. The bad news is that starting a business that succeeds and continues to flourish isn’t so easy.  There are five resources you need upfront to start a business that has staying power. Business knowledge is one of course, but the other four are equally as important. To turn a startup venture into a successful business, you must be equipped to follow through as well as gain business-related knowledge and skills. Fully Commit Successful entrepreneurs are fully committed to their business ventures. You need to do the same. You have to put your heart and soul into what you’re doing, truly believe in your product or service, and be prepared to work long hours to get all the tasks done that are required to grow and sustain a business. When you start a business, you have to be ready to make sacrifices, such as not having holidays or even a salary for what may seem like an endless

10 Top Business Tips for Starting a Business That Will Succeed

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Business Tips & Advice on Starting a Business to Ensure Success Starting a business for the first time and worried about failure? Give your new enterprise the best chance of success with these top business tips, the best advice I've collated from other entrepreneurs and developed from my own experience of more than 20 years of having "been there and done that" as a small business person. 1) Be Passionate You don't have to love whatever your business is about (and probably shouldn't), but you do have to be fired up about it. You're going to devote a lot of time and energy to starting a business and building it into a successful enterprise, so it's really important that you truly deeply enjoy what you do, whether it be running fishing charters, creating pottery, or providing financial advice. 2) Start While You Are Still Employed How long can most people live without money? Not long. And it may be a long tim