In times of uncertainty, it’s important for you to know when it’s the right time to invest. Everyone’s individual and company circumstances are different, so it’s prudent that you assess your finances to determine if now is a good time to invest.
Why You Should Wait
There are many reasons to delay investing, including having a major upcoming financial obligation. You might not be comfortable with the risk of losing your money or don’t know if it’s the right time to invest. Although it’s highly recommended to invest sooner rather than later, below are three reasons to hold off making investments: READ MORE ON FORBES.COM
If you’re part of the real estate business or plan on breaking into it, you’re probably quite familiar with the handy term “BRRRR investing.” This method has grown rapidly over the years and entails buying a distressed property that will ultimately be rehabbed, rented and refinanced and then repeating this process — like all great strategies.
The BRRRR process allows investors to build passive income over time by leveraging the real estate market to their advantage. READ MORE ON FORBES.COM
As a small business just starting out, you’ll need to attract customers to keep your new company afloat. While spending big on ads will certainly get your name out there, you may not yet have it in your budget to do so.
Luckily, you don’t have to shell out tons of cash to bring in customers. We asked 16 members of Forbes Business Council to share their best advice for business owners looking to appeal to customers without spending too much on advertising. Follow their recommendations to start bringing in new sales on a budget. READ MORE ON FORBES.COM
My name is Arthur Robertson and you can call me the Investment Educator. I currently run an investment advisory firm, a food truck – Renegade Vegan, founded two non-profits – one focused on financial literacy for the youth and another on real estate while also being a Real Estate Investor.
Third Eye Advisors (TEA) is the boutique Registered Investment Advisor (RIA) providing customized financial planning and investment solutions to millennial business owners who run startup tech and cannabis companies. Our main focus is to assist clients with financial planning and investment management.
Growing up in Far Rockaway, NY, I wasn’t taught about the importance of budgeting, investing, and leveraging money when operating a business and managing your personal finances. This is one of the reasons I started TEA to ensure millennials, Gen X, etc. are aware of the importance of financial literacy.
Although I initially started the firm to work with professional athletes to improve their financial habits, I quickly realized the tech and cannabis industries were in dire need of prudent financial advice and services, therefore; I decided to switch our target market to millennial business owners.
The start-up costs were approximately $10,000 – $15,000, however; within three months, I was able to recoup those costs from serving clients. READ MORE BY CLICKING HERE
Social media has become a pivotal part of many companies’ marketing strategies and has changed the way consumers engage with businesses. Generating engagement on social media through shares, likes, comments, and so on is a great way to extend your brand’s reach and build a loyal customer base.
As a new brand, growing that initial following and baseline engagement can be tricky. That’s why we asked the members of Forbes Business Council how to successfully build engagement over social media. READ MORE ON FORBES.COM