[ad_1] When you ask successful entrepreneurs what it takes to run a successful business, they’ll usually answer with a personal character trait, not a specific skill. Tenacity. Determination. Passion. Adaptability. A willingness to take calculated risks. No one encapsulates these traits more than U.S. military veterans. While veterans of our …

[ad_1] The following excerpt is from Entrepreneur’s book Finance Your Business. Buy it now from Amazon | Barnes & Noble | iTunes Small-business owners can have a particularly difficult time getting capital from a bank if they’ve been in business fewer than two years, if their credit score is less than 640 or if they need less …

[ad_1] Last summer, the Global Business Travel Association reported that global spending on business travel grew 5 percent between 2014 and 2015, reaching a total of $1.2 trillion. That figure was expected to reach $1.3 trillion by the end of 2016 and grow by a steady 5.8 percent over the next five years. …

[ad_1] Most entrepreneurs depend on outside investment in the startup phase. Knowing what is reasonable to pay yourself when you are running on somebody else’s bankroll is a sensitive matter. Here are salary guidelines to consider for the different stages of your business. Before outside investment: When you’re just launching, …

[ad_1] Paying for your children’s education is more expensive than ever, so it’s important to start planning well ahead of time — and to plan creatively. Many people have seen advertisements for a 529 plan (a state- or educational institution-operated savings plan that helps families save for future college costs), but …

[ad_1] This story appears in the June 2016 issue of Entrepreneur. Subscribe » Companies that rethink wearables have re-envisioned how we live, work, play — and in some cases — sleep.  1. Thinx makes tampons nearly obsolete with its specially-designed liquid-absorbing line of underwear that took more than three years …

[ad_1] When meeting an investor for the first time, entrepreneurs face a lot of pressure to make a favorable impression quickly. In many cases, this tends to make people talk too much in an attempt to appear confident, knowledgeable and articulate. It also makes them forget to ask questions and qualify …

[ad_1] Over the years I have met a number of people who claim, accurately or inaccurately, to have been cheated out of their idea by an unscrupulous entrepreneur. This isn’t always, or entirely, paranoia. Though they rebounded and their companies flourished again, both Steven Jobs and Henry Ford were ousted by …

[ad_1] The prospect of quitting your job and becoming your boss is both liberating and scary as hell. But, instead of being impulsive, it’s best to take a deep breath and weigh all of the pros and cons so that you’re 100 percent sure that you’re ready (or at least willing) …

[ad_1] At last count, there were over 30,000 million-dollar, home-based businesses run by solo entrepreneurs. So, building one may not be easy, but it obviously isn’t impossible. Related: Need a Business Idea? Here are 55 According to the same survey, there were over 200,000 entrepreneurs with sales between $500,000 and $999,999, and over 400,000 …