There are a lot of entrepreneurs who are great at building wealth through their businesses, but flounder and lose their money when trying to grow it. Investing is an entirely different field than entrepreneurship. But as your projects become successful, you’ll inevitably be faced with some decisions about how to take care of, and ideally, […]

It takes a lot of sweat equity to build up a successful business. At the end of the day, after all the hours, days, and weeks we pour into our businesses, we want to know there is a light at the end of the tunnel. For many, that will mean selling your business. As far off

For many entrepreneurs, selling a business is the ultimate prize—a windfall after years of struggle, or at least a ticket to your next big project. But if you’re not ready for it, a sale can fall to pieces. Follow these steps, and you’ll be on the road to a profitable business exit, not to mention

For most startups, raising capital is the big hurdle to overcome — period. Without a decent runway, or a detailed roadmap to capital, insolvency is just around the corner. Countless startups have fallen victim to running short on cash, and not all of us can scrape by on credit cards as our runways. That raises

Here’s a little Foundr behind-the-scenes secret—I’m lousy with numbers. I know I run a business that advises on entrepreneurship. And don’t get me wrong, I do pretty well when it comes to tech, marketing, planning, strategy lots of the skills you need when it comes to running a fast-growth startup like ours. But when it

It’s every entrepreneur’s dream: passive income. Elusive, challenging, and some say, impossible, generating a passive income means you can earn money while you sleep. And if there’s one person who’s become an authority on the various passive income sources out there, it’s Pat Flynn, founder of the Smart Passive Income blog. In 2008, after getting laid

A central challenge in the journey to becoming an entrepreneur is figuring out how to fund your startup. There’s a good chance you’re grappling with this problem right now. If you’re just starting out, unless you won the lottery or happen to have a very eccentric uncle who won the lottery, you’re most likely looking at being a bootstrapping

Have you ever wondered how top Kickstarters get crowdfunded? Even for some seemingly absurd ideas? I mean a museum of pizza memorabilia? What can I say, people love their pizza. Creator Brian Dwyer raised over $16,000 to open Pizza Brain, The World’s First Pizza Museum & Restaurant located in the heart of Philadelphia. While physical products

If you’ve built an audience around your blog, newsletter, or podcast, you may feel on top of the world. Like a downright celebrity, even. But now what? First, congratulate yourself. You’ve already achieved what many consider the hardest part of monetizing an audience—the process of actually amassing said audience. Getting a group of people to

Money. Yep, we’re going there. They say it’s not polite to talk about your finances, but at Foundr, we believe for entrepreneurs to reach their goals and keep their sanity, we need to talk a lot more openly about money. No bragging, just reality. In our new recurring series Money Talks, we challenge entrepreneurs to