Currently Browsing:Unlock the American Dream

WHAT IS MY LEGAL STATUS?

Many business owners go broke simply because they are confused about what the exact legal structure of their operations should be. Denoting your legal status is an important issue that needs to be addressed and included in your Plan. When I started my business, I researched legal issues such as: Licensing and bonding requirements Permits

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WHAT IS THE EXECUTIVE SUMMARY?

This is the first point that you will include in your Business Action Plan (Plan). Initially, you will start working on this, but it will not be fully completed until all of the other points in your Plan are finished. The Executive Summary should be finalized last! This point gives a clear overview of your

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HOW DO I ENVISION MY AMERICAN DREAM?

Before you start to work on your Plan, sit down in a quiet place for at least a couple of hours when no one else is around and envision  what achieving the American Dream will mean to you.   The successful owner that you want to become should dream like Ray Kroc, the founder of

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WHAT IS THE BUSINESS ACTION PLAN?

Over the past two decades, I have instructed and coached hundreds of hopeful entrepreneurs, who participated in a six-month small business training program, developed their own Plan and many are now living the American Dream.   You may be thinking, “Why should I take the time to create my Business Action Plan? This Plan is

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OBSTACLES THAT GET IN THE WAY OF THE AMERICAN DREAM

It’s always wise to be aware of what obstacles that can get in your way while you’re reaching for the American Dream.  Here are some of my obstacles that I encountered and conquered:    1. Lack of a written Business Action Plan   Initially, I said that my Plan was all in my head, but

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WHAT SKILLS DO I NEED TO START A BUSINESS?

Strong leadership skills were essential while I was striving to reach the American Dream. The definition of a leader is: “an action person who directs, commands, guides, conducts and performs” (Webster’s Dictionary).   To reach the American Dream, the following skills kept me focused:   Always set specific goals with a focus on achieving these

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“UNLOCK THE AMERCIAN DREAM”

WANT TO START A BUSINESS?   Where do you begin?   I’m Dr. Pat and my job is teaching aspiring entrepreneurs for over twenty years on how to start up their own business. The odds of you succeeding in business without guidance and specific skills is only about 20%.  That’s a shock when you’ve put

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