If you run your business to simply provide yourself a paycheck, you’re what we call a lifestyle business owner. There’s nothing wrong with that, but here’s the reality: lifestyle businesses rarely command strong multiples when it’s time to sell.
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The Critical Mistake That Turns Customers Into Haters—And How to Avoid It
Be generous, transparent, and gracious even when a relationship ends. Let folks leave with dignity, not bitterness. Because the real business value isn’t just the transaction you close today, but the trust that brings people (and their friends, and their networks) back tomorrow.
The Rise and Fall of Quiznos Subs: How a Sandwich King Lost Its Crown
In the early 2000s, Quiznos Subs seemed unstoppable. With over 5,000 locations across the country, their toasted subs and flavorful menu made them a rival to industry giant Subway. But within a decade, Quiznos went from a beloved fast-food powerhouse to a cautionary tale of corporate mistakes and franchisee discontent.
Can You Still Make Money With Vending Machines in 2025? A 30-Day, Real-World Experiment
Vending machines have been hyped as a source of easy passive income, but is there still real money in these snack-and-drink businesses? To find out, an absolute beginner with no entrepreneurial background or machine experience took on the 30-day vending machine challenge—and documented every step. The results shed light on what works, what flops, and […]
Why Young Men Are Poised to Thrive as Business Owners in the Years Ahead
A glance at today’s job market tells a striking story: for the first time in recent memory, young male college graduates are grappling with joblessness at the same rate as those who never attended college. The accompanying chart, based on extensive analysis of recent U.S. census data, reveals that men aged 22-27—once assured a leg […]