Kevin Mulleady Talks Startups: How the Entrepreneur’s Mindset Needs to Manifest

Kevin Mulleady Talks Startups: How the Entrepreneur’s Mindset Needs to Manifest

Kevin Mulleady is a born entrepreneur who understands what it takes to turn a spark of an idea into a fully operational company. As the founder and leader of several businesses across several economic sectors, including biotech and fintech, he discusses what it takes to go from one phase to the next successfully.

Efficiency Is the Key

When it comes to hustling, there’s a lot of advice out there. Some people say that it all comes down to how many hours you’re willing to put in. Others say that it’s all about the quality of your value prop. As the CEO of Phoenixus AG and founder of several other startups, Kevin Mulleady thinks that all of this advice can be boiled down to how efficient you are.

It all starts with taking stock of your resources and then figuring out how to use them to the venture’s advantage. Kevin reminds people that resources are relative, and they don’t have to include funding or an Ivy League education.

An entrepreneur might have little more than an idea and a half-hour a day to devote to it. That half-hour might be snatched in the break of two part-time jobs. However, if the owner can be as efficient as possible in developing the concept from scratch, they can achieve enough growth to take it to a higher level.

Time as an Invaluable Asset

True entrepreneurs understand the value of time and just how important it is to leverage. Ultimately, it all comes down to balance. An entrepreneur should be investing time into studying their competitors, but not so much time that they can’t get their own products or services off the ground. There should be some degree of risk evaluation for each decision, but not enough to paralyze the business from moving …

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Best Locations for Automated Teller Machines (ATMs)

Best Locations for Automated Teller Machines (ATMs)

The ATM business comes with specific pros and cons you should understand. Therefore, if you own a small or medium-sized business such as a restaurant or grocery store, you can add a machine to reach more customers than before.

Before you make up your mind, it is vital to understand the best locations for ATMs, which will help you determine whether you should do it or not.

It is vital to enter here to learn more about dangers of accepting credit cards at your business.

For instance, if you place it at a quiet location, you can make at least two hundred dollars per month. It means you will have at least two people using it, which will offer you a transaction surcharge.

Averagely, your ATM can quickly process between 150 and 200 transactions monthly, which will offer you more significant revenue.

Therefore, if you wish to ensure you get the most out of the machine you want to purchase, you should determine whether you are in a suitable location or not.

The Importance of Location for ATM

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Having an ATM within your business premises means you will make additional money because people will use it. At the same time, you can reach more customers that will have spare cash to purchase from you, which is another reason for getting it in the first place.

However, you should check your business area to see whether other businesses or banks come with machines. Even if machines exist, you should check the model and appearance because the latest models are more appealing than older ones.

It is vital to research whether existing machines feature compliance, whether they are outdated or not, and whether they are in working order.

In case you find the lousy maintained machine in your area, you can choose …

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Starting a Cleaning Business - How to Prepare For Starting Your Business

Starting a Cleaning Business – How to Prepare For Starting Your Business

If you are looking to start a house cleaning business, the first thing you need to do is come up with a house cleaning business plan. A house cleaning business plan is made up of at least two pages that will be used to pitch your house cleaning business to potential customers. These two pages are called a Brochure and a Business Plan. To get an idea of what a cleaning business plan should look like, view these sample house cleaning business plans for general cleaning services, office cleaning, residential cleaning, maid services, and commercial cleaning.

Startup Costs  

The first thing you need to include in your house cleaning business plan is your startup costs. Include everything from the start-up materials (folders, mop, broom, cleaning products, etc.) to your utilities (electricity, phone, internet, etc.) Start-up costs typically range from one to three thousand dollars, depending on your chosen market, the size of your establishment, and the number of employees you will have on staff.

Make Sure To Include Your Target Market

This means knowing who you will be cleaning for (i.e., your local home improvement store, a local restaurant, local church, etc.). As this is a critical element of your house cleaning business plan, make sure you know exactly who you are targeting. You will also want to target individuals of a certain age, household income level, gender, or ethnicity.

Once you know your market, it is time to make your financial projections. This is where you will most likely break down your expenses. This should include all of your startup costs as well as daily operating costs (i.e., water, gas, electricity, etc.) Make sure to take into account any supplies you will be purchasing as well as any materials needed for completing your assignment. Estimate how long it …

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Business Plan Examples - How to Write a Good One

Business Plan Examples – How to Write a Good One

All businesses, small and large, begin with an idea. However, it is only when this idea is laid down on paper and conceptualized into a concrete form that it becomes a real possibility. This article, starting with business plan examples will discuss why most entrepreneurs start with a business plan and how to write a business plan effectively. Additionally, we’ll discuss 9 Small Business Plan Examples using which students and groups can effectively examine which one suits them best.

Business Plans Are Important

Why are they important? Because the layout in black and white, step-by-step detail, your business plan’s viability. They provide you with a road map to success. The details contained in the plan help to define your business and show why it will succeed or fail. By looking at successful companies, you will get a good feel for what features in common they have and what the obstacles were that kept them from reaching their goals.

Fictional

A business plan is a fictional, detailed outline of your company’s future growth, products and services offered, budget, management of cash flow, marketing strategy, and business operations. In a nutshell, it is the story of your business from start to finish using objective, measurable data. When creating a business plan, you need to show a detailed description of your products and services using standard business plan format (one or two pages). You then must show how you plan to market, sell and manufacture those products and services.

Next, you must describe your target market and how you intend to reach them. Again, it is important to use standard business plan format (one or two pages) to clearly explain who your target market is, where they are located and how you plan to reach them. In addition, it is essential to include …

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