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Entrepreneurship/Business Archives - Mr. Stinky Cakes

Aug 09 2017

3 Simple Steps to a Successful Start-Up

Launching a successful and profitable business is simple: it’s just not easy! There are many variables, some predictable many unpredictable, which you have very little or no control over at the beginning. With that being said  let me share three steps to consider when you’re launching your start up: 1. Don’t reinvent the wheel, gain

Jul 07 2017

Are You Losing Money Focusing On The Wrong Side Of Branding?

A lot of people know how to make things look cute. Few people know how to make things make money. Branding isn’t all about cute colors, fonts and visuals. They help but that’s only a piece of it. The purpose of branding is just that, to brand an impression in the mind of a potential

Jul 06 2017

How Failed Wallpaper Became Bubble Wrap.

Bubble Wrap was Supposed to be Textured Wallpaper.

Jul 05 2017

3 Simple Steps to Financial Freedom

3 Simple Steps To Financial Freedom

Jun 30 2017

How To Start a Business

3 Steps to Legally Start a Business.  1. Acquire an EIN Number. www.irs.gov (free) 2. Register your DBA at your town/city hall. (About $50) 3a. Open a business bank account. (Some banks ask for a minimum deposit and/or monthly maintenance fee) 3b. Register your business as a LLC. (Highly recommended but not initially needed. $500+)

Does winning matter? (Under Armor vs. Nike Edition)

Think winning doesn’t matter? A year ago before Steph Curry’s historic choking and losing to the LeBron James’ Cavs in the NBA Finals Under Armor’s stock was at a high of $45.73 per share and all the young kids were wearing it.  Now a year later, not only did UA share hit a low of

Focus on Conversion

So there’s 5 million Facebook advertisers and 1.86 billion Facebook users. That means only 0.2688% of fb’s users convert to advertising customers.  FYI: Facebook raked in $27.6 billion in total revenue in 2016. Moral of the story: Everyone won’t buy your products or service. Focus on conversion. – Myke

How Do I Get My Friends To Buy My Products Or Services

Want your friends to buy things from you?  Here’s the formula:  Step 1. Tell thousands of strangers about your products or services via marketing and advertising.  Step 2. Convert those strangers into customers by a) selling them things they need or want. Or b) Get paid by solving some kind of problem they have.  Step

The Difference between a Panhandler and a CEO

So I just watched a homeless person make a minimum of $3 in 5 minutes.  Let’s say he did that for 60 minutes. That would be $60 and hour. That would be $2400 per week (based on a 40 hour work week). $124,800 per year.  That got me to thinking that the difference between that

You don’t need to be famous or popular to make money.

You do know you don’t need to be popular or “famous” to make money right? Think about this… the companies in your community that are making the most money aren’t even know by your community.  The people that work there know about it and more importantly their customers know about it.  There’s a company down

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