by guestcontributor on April 30, 2013
Wouldn’t it be cool if the company that you worked for actually had a program that provided you with the ability to take ownership in it? If that sounds more like a fantasy than reality, we’ve got great news. Since 1974, there are approximately 11,000 companies that have about 13 million employees who are doing this very thing. It’s called an Employee Stock Ownership Plan (ESOP). [click to continue…]
by guestcontributor on April 19, 2013
There’s no doubt that the majority of your time will be devoted to your studies while you’re attending business school. And many students have other obligations, as well, such as clubs, activities, Greek life, internships, and even jobs. But there are plenty of reasons why you might want to consider starting a business during your time in school. For one thing, it’s a great way to put all of your newfound knowledge into practice before you get into the real world and have to rely on your learning to earn an income. Starting a business now will allow you to experiment and gain some practical experience before you graduate. In addition, you might be able to build your business enough during your time in school that you can support yourself by the time you leave, or parlay it into other job opportunities. Whatever the case, you still want your fledgling operation to be as successful as possible, so here are a few tips to kick-start your career right.
- Start with something you love. You can only start a business at great personal expense, which means your time, money, and effort. To attempt this with a pursuit that you’re not interested in and passionate about is sheer folly. If you don’t love what you’re doing you’re going to burn out. Heck, you might get burned out anyway. But at least if you have a personal, emotional investment you can dig deep and find the motivation to keep going until you succeed. Of course, it couldn’t hurt to have a truly amazing and innovative idea to start with, as well. [click to continue…]