NextGen Business Community

Join The NextGen Business Community For Entrepreneurs Today!

Click The Button Below & Let Us Know Where To Send Your Group Invitation...

Inside The Group You'll Get Access To ...

  • #1. ) Daily tips on starting a new business and/or growing an existing business

  • #2. ) Behind the scenes video lessons of what I'm learning in business automation, wealth management, social selling, marketing integration, saving on taxes, etc...

  • #3.) Ways to collaborate, share resources, and also learn from other active members of the group who are also starting a new business and/or growing an existing business...

  • AND SO MUCH MORE...

Why Join NextGen Business Community?

We are a collective of forward-thinking entrepreneurs, marketing strategists, and business owners who believe in the power of technology to revolutionize business operations. Our aim is to share ideas, collaborate, and discuss strategies to take full advantage of the A.N.S.W.E.R. strategies and the NextGen Business Automation platform.

Networking Opportunities

We have a growing network of forward-thinking professionals. Rest easy knowing you can always exchange ideas, collaborate on projects, and build valuable relationships that can help grow your business.

Resources & Training

Stay ahead of the curve with our curated resources and training opportunities. Learn about the latest trends, improve your skills, and drive innovation in your business.

Exclusive Events & Webinars

Get exclusive access to industry-leading events and webinars. Gain insights from experts, stay updated on the latest trends, and get a chance to showcase your business to a wider audience.

Meet Some Of Our NextGen Entrepreneurs...

Entrepreneurship – It’s Not as Easy as It Once Was

September 28, 20225 min read

“The price of success is hard work, dedication to the job at hand, and the determination that whether we win or lose, we have applied the best of ourselves to the task at hand” - Vince Lombardi

Introduction:

While anyone with a good idea and willing to do the work can start a business today, it's not as easy as it once was. Don't let any of this stress you out because even though it's more complex than it used to be, it's possible.

With that said, here are nine hurdles you might encounter! 👊

1. There Are More Regulations Now

The days that allowed Bill Gates and Martha Stewart to start their businesses from their garage or home are over. Many things have changed, and you may not be able to run a business out of your home, depending on where you live. You'll have to get a business license and talk to your local licensing office. You'll have to check with your local government or even your HOA if you have one first.

2. It's Harder to Find Labor

It's great that the economy is good and that unemployment is low, but that makes it harder to find labor for entrepreneurs who don't have the cash to pay higher wages often. Therefore, you'll have to do more work until you have the influx of money.

3. There Are Too Many Predatory Lenders

If you're starting a small business and don't have a lot of capital to leverage, it's impossible to get a low-interest rate loan. Even via the Small Business Association, with few exceptions, your average small business can't get a loan. The best you can do is use high-interest credit cards and pay them off as quickly as possible once you start earning money.

4. There Is Not Enough Help from Government

The governments in most countries aren't doing a good job helping to fund entrepreneurship. Consider getting involved with organizations trying to improve this, such as The Small Business Majority (https://smallbusinessmajority.org/), as Chambers of Commerce all over the USA tend to work for large businesses more than mom and pops.

5. It's Difficult to Go After Non-Paying Clients

While big businesses have accounting departments and enough money to pay someone to go over non-payers, most small business owners don't have the resources to make anyone pay them.

6. Technology Is Moving So Fast It's Hard to Keep Up

As a small business owner, it's harder to keep up with technology. Technology is exploding it could kill off your industry. Pay close attention to your industry and the killer technologies in development for that industry.

7. The Odds Aren't in Your Favor

Most businesses fail. They often fail due to poor planning or understanding of the reality of building a small business in their community. That's just the truth. However, studying why they fail is essential too. Learn what you can, create a business plan, and be realistic.

8. You'll Pay High Taxes

Self-employed individuals pay self-employment tax, the portion of the payroll tax paid for by an employer when you have a W2 job. This adds 15% to whatever you usually pay in federal taxes.

Final Thoughts

You can still start your business and be successful if you are prepared for the roadblocks you might face. Be clear about the facts regarding the legalities of your business. You need to know what red tape could block your path to a flourishing business as an entrepreneur.

Other resources to help you get your business started...


Start your own business start up checklist:

Here is a quick checklist to get you started on your marketing below. Remember imperfect action beats inaction, get started and keep leading.

  • Identify an audience by creating a few avatars of what your ideal clients and customers look like. In other words, who would you be excited to work with every day, 7 days a week?

  • Interview as many people in your ideal audience as possible to deiscover what is missing that you could provide as a porduct or service that would change your audience's lives... If you are stuck you can use sites like - https://answerthepublic.com/

  • Find a company that is already selling the product and/or services and partner with theml; And/or create your own product or service...

  • Define your businesses's processes and procedures by writing them down...

  • Systemize your businesss's processes and procedures through techology and automation...

  • Create a website to be the hub of all our content and sales funnels...

  • Create great content that your audience is hungry for...

  • And so much more.... read the next paragraph closely❗

Starting a business selling a product and/or service can seem daunting, and many people never get started because they just dont know where to start....

Here, in the Next Level Business Community, we have created Success Lab. Sucess Lab is the Fast, Fun, & Convenient way to learn how to effectively start and grow your business.

You will learn to:

Train

Train

Attend live, member-only webinars with select outside experts who actually know what the heck they're talking about, and keep your small business skills on the bleeding edge.

Execute

Execute

Our comprehensive "courses" make it easy to finish tasks quickly, because we don't just teach you the theory of small business... we show you, step-by-step, how to actually get stuff DONE.

Engage

Engage

Ask questions, network, and exchange ideas with thousands of smart, generous small business owners. And with members in virtually every industry (and every country on the globe) you're sure to find someone who "gets you."

Save

Save

Your Success Lab membership entitles you to exclusive deals and discounts on some of the hottest small business tools and services in the industry. This one member benefit, alone, should pay for itself in the first 30 days.


This is such an AMAZING OFFER, click here to get started today....

entrepreneurship
blog author image

Rich Thurman

Always finding new and creative ways to bring technology to bear on specific problems through possibility and transformation... Rich's passion is helping small businesses and real estate investors realize their full potential through the strategic use of people, processes, and technology. Holding a Masters in Computer Science, Rich worked for Microsoft for 15 years supporting various fortune 500 companies in the successful implementation of Microsoft technologies. Rich then tapped into his true passion for entrepreneurship opening his own brick and mortar shoe store and ultimately helping thousands of businesses implement processes, automation, and technologies into the ir business giving their owners and operators more time, freedom, and profits!

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Are You Getting The Weekly A.N.S.W.E.R.?

Uncover the Secret to Marketing Mastery with

"The Weekly A.N.S.W.E.R."

Transform Your Marketing Strategy from Meh to Mind-Blowing, One Day at a Time.

THE PROBLEM

Are you tired of marketing strategies that promise the moon but deliver only dust? Are you struggling to attract, nurture, and sell to your prospects effectively? Feeling stuck in a marketing maze with no exit in sight?

THE SOLUTION

We hear you, and we have the ANSWER – literally. Introducing "The Weekly A.N.S.W.E.R." – a breakthrough newsletter that spells out a proven, day-by-day roadmap to marketing success.

WHAT'S INSIDE

From attracting high-quality leads to nurturing prospects, closing sales, wowing your customers, engaging like a pro, and reengaging to create raving fans - we cover it all.

Here's a sneak peek of what you'll get:

  • Money-Magnet Monday: Strategies that attract the right audience like a magnet attracts metal.

  • Trust-Building Tuesday: Techniques to cultivate trust and develop meaningful relationships with your prospects.

  • Winning Wednesday: Proven methods to turn those nurtured leads into paying customers.

  • Thrill-Them Thursday: Tips to exceed expectations and turn your customers into your biggest fans.

  • Fireside Friday: A deep dive into how to engage your audience and create an active, loyal community.

  • Stir-It-Up Saturday: Innovative ways to reignite interest and inspire repeat business.

... And that's just the tip of the iceberg!

Just click the button below and get instant access to the The Weekly A.N.S.W.E.R.!

The NextGen Business Community Blog

Your hub for the latest insights, trends, and innovation in the ever-evolving world of business.

Entrepreneurship – It’s Not as Easy as It Once Was

September 28, 20225 min read

“The price of success is hard work, dedication to the job at hand, and the determination that whether we win or lose, we have applied the best of ourselves to the task at hand” - Vince Lombardi

Introduction:

While anyone with a good idea and willing to do the work can start a business today, it's not as easy as it once was. Don't let any of this stress you out because even though it's more complex than it used to be, it's possible.

With that said, here are nine hurdles you might encounter! 👊

1. There Are More Regulations Now

The days that allowed Bill Gates and Martha Stewart to start their businesses from their garage or home are over. Many things have changed, and you may not be able to run a business out of your home, depending on where you live. You'll have to get a business license and talk to your local licensing office. You'll have to check with your local government or even your HOA if you have one first.

2. It's Harder to Find Labor

It's great that the economy is good and that unemployment is low, but that makes it harder to find labor for entrepreneurs who don't have the cash to pay higher wages often. Therefore, you'll have to do more work until you have the influx of money.

3. There Are Too Many Predatory Lenders

If you're starting a small business and don't have a lot of capital to leverage, it's impossible to get a low-interest rate loan. Even via the Small Business Association, with few exceptions, your average small business can't get a loan. The best you can do is use high-interest credit cards and pay them off as quickly as possible once you start earning money.

4. There Is Not Enough Help from Government

The governments in most countries aren't doing a good job helping to fund entrepreneurship. Consider getting involved with organizations trying to improve this, such as The Small Business Majority (https://smallbusinessmajority.org/), as Chambers of Commerce all over the USA tend to work for large businesses more than mom and pops.

5. It's Difficult to Go After Non-Paying Clients

While big businesses have accounting departments and enough money to pay someone to go over non-payers, most small business owners don't have the resources to make anyone pay them.

6. Technology Is Moving So Fast It's Hard to Keep Up

As a small business owner, it's harder to keep up with technology. Technology is exploding it could kill off your industry. Pay close attention to your industry and the killer technologies in development for that industry.

7. The Odds Aren't in Your Favor

Most businesses fail. They often fail due to poor planning or understanding of the reality of building a small business in their community. That's just the truth. However, studying why they fail is essential too. Learn what you can, create a business plan, and be realistic.

8. You'll Pay High Taxes

Self-employed individuals pay self-employment tax, the portion of the payroll tax paid for by an employer when you have a W2 job. This adds 15% to whatever you usually pay in federal taxes.

Final Thoughts

You can still start your business and be successful if you are prepared for the roadblocks you might face. Be clear about the facts regarding the legalities of your business. You need to know what red tape could block your path to a flourishing business as an entrepreneur.

Other resources to help you get your business started...


Start your own business start up checklist:

Here is a quick checklist to get you started on your marketing below. Remember imperfect action beats inaction, get started and keep leading.

  • Identify an audience by creating a few avatars of what your ideal clients and customers look like. In other words, who would you be excited to work with every day, 7 days a week?

  • Interview as many people in your ideal audience as possible to deiscover what is missing that you could provide as a porduct or service that would change your audience's lives... If you are stuck you can use sites like - https://answerthepublic.com/

  • Find a company that is already selling the product and/or services and partner with theml; And/or create your own product or service...

  • Define your businesses's processes and procedures by writing them down...

  • Systemize your businesss's processes and procedures through techology and automation...

  • Create a website to be the hub of all our content and sales funnels...

  • Create great content that your audience is hungry for...

  • And so much more.... read the next paragraph closely❗

Starting a business selling a product and/or service can seem daunting, and many people never get started because they just dont know where to start....

Here, in the Next Level Business Community, we have created Success Lab. Sucess Lab is the Fast, Fun, & Convenient way to learn how to effectively start and grow your business.

You will learn to:

Train

Train

Attend live, member-only webinars with select outside experts who actually know what the heck they're talking about, and keep your small business skills on the bleeding edge.

Execute

Execute

Our comprehensive "courses" make it easy to finish tasks quickly, because we don't just teach you the theory of small business... we show you, step-by-step, how to actually get stuff DONE.

Engage

Engage

Ask questions, network, and exchange ideas with thousands of smart, generous small business owners. And with members in virtually every industry (and every country on the globe) you're sure to find someone who "gets you."

Save

Save

Your Success Lab membership entitles you to exclusive deals and discounts on some of the hottest small business tools and services in the industry. This one member benefit, alone, should pay for itself in the first 30 days.


This is such an AMAZING OFFER, click here to get started today....

entrepreneurship
blog author image

Rich Thurman

Always finding new and creative ways to bring technology to bear on specific problems through possibility and transformation... Rich's passion is helping small businesses and real estate investors realize their full potential through the strategic use of people, processes, and technology. Holding a Masters in Computer Science, Rich worked for Microsoft for 15 years supporting various fortune 500 companies in the successful implementation of Microsoft technologies. Rich then tapped into his true passion for entrepreneurship opening his own brick and mortar shoe store and ultimately helping thousands of businesses implement processes, automation, and technologies into the ir business giving their owners and operators more time, freedom, and profits!

Back to Blog

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