A series of entries exemplifying the steps an entrepreneur takes from starting a business to selling the operation.  It is a step by step process addressing the multitude of business concepts every small business owner must face.  This is a 6 year example from Day 1 to the day the owner receives a check for selling his business.  Read this series as if it you were experiencing all of the trials, tribulations and joy of owning and operating a business.

Throughout the entries are links back to articles written about basic business principles any new business owner or entrepreneur should know and understand.  This series of entries teaches the new business owner about business via a created example of going into business and dealing with the day-to-day realities of ownership. 

SERIES:

  • Small Business Model Series Entry #1 – Getting an Idea

    “I have the urge”, I said to my wife.  “You need to do something, you are not happy unless you are busy” she responded.  “Go do it”, she smiled.  This entry is part of a series of entries exemplifying the steps an entrepreneur takes from starting a business to selling the operation.  It is a step ...
  • Small Business Model Series Entry #2 – Narrowing the Idea

    This entry is part of a series of entries exemplifying the steps an entrepreneur takes from starting a business to selling the operation. It is a step by step process addressing the multitude of business concepts every small business owner must face. This is a 6 year example from Day 1 to the ...
  • Small Business Model Series Entry #3 – Automated Teller Machines

    I started out on this identification process by first listing my personal characteristics and then environmental ones associated with where I live.  I was able to generate a list of 10 industries that had promise for me to start a business.  Next I reduced those 10 down to four distinct possibilities.  They are as follows:       Construction ...
  • Small Business Model Series Entry #4 – Basic Research

    Research is something I hate.  I don’t know which is worse, a dental visit or doing research.  This is why I didn’t go to college.  But, I know; I want to protect my hard earned dollars and I need to get smart about Automated Teller Machines.  So where do I start?  Research needs to be ...
  • Small Business Model Series Entry # 5 – Whew!

    Whew!  That was a world wind first week.  I took yesterday off to get some rest and spend time with the family.  So now I’m back at the project.  I’ve lost some wind in my sails because I didn’t fathom the depth of all of this when I started out.  For some strange reason I ...
  • Small Business Model Series Entry #6 – Number Crunching Time

    While I wait on family and friends to send me information on the location of ATM’s, I decided it is time to do some preliminary number crunching.  My initial introduction to this illustrated a very good return.  I’m really interested in determining if I can make some real money or will this be nothing more ...
  • Small Business Model Series Entry #7 – Location, Location, Location

    The e-mails keep coming.  A few days ago I asked my friends and family to be on the lookout for ATM’s.  I describe the difference between a bank owned ATM and an independent ATM.  I was strictly interested in the independents.  I wanted to know exactly where the ATM is located, the name of the ...

 

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