April 10, 2021

Managing

5 Things I’d Tell Anyone About Building Wealth and Managing Money

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I’ve worked in the financial industry for the last eight years. Working alongside certified financial planners and helping manage their client relationships has taught me a number of surprising lessons about money and how to best manage it.

The most profound money tips I’ve picked up along my career path have very little to do with secret investment tactics designed to make you rich fast.

In fact, the best lessons I’ve learned underline the fact that there’s less of a relationship between technical know-how and

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How entrepreneurs can tackle challenges of managing personal, business finances during challenging times

Lee: There are more than 60,000 small businesses in Detroit (2012 U.S. Census). Small business owners often must use their personal credit and finances to start and bolster the business. If someone is looking to start a business, how should they save up?

Dickerson: There are 30.2 million small businesses in the U.S., employing 58.9 million people — 47.5 percent of the country’s workforce (SBA.gov). If you are making the switch to self-employment, you should set aside 6-12 months of living expenses to tide you over until you can generate reliable income and pay yourself.

We encourage individuals starting a

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Managing Start-Up Business Blues


5 min read

Opinions expressed by Entrepreneur contributors are their own.


Entrepreneurship is such a rewarding life adventure and creates such an excitement in the new entrepreneur due to their accomplishment and/or level of success. Entrepreneurs are more than likely individuals with minds that go like a Duracell battery — self-motivated individuals who are goal-oriented and results-driven. However, despite the adrenaline rush, some entrepreneurs have learned that the beginning stage can also be a battleground for ambitious founders.

Many new brand and business builders who are seeking to create a legacy and construct a solid business foundation

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