A Fresh Start & A New Direction

I started this blog this past spring with a general topic :: small business.

However, "small business" and "entrepreneurship" are such wide topics. I want a personal blog, so I've narrowed the focus of my blog to "running a debt-free small business". This is my accountability partner, but also my way to challenge conventional thinking.

Over 80% of small businesses fail within their first two years. I don't think this has anything to do with a lack of hard work, good ideas, or committment. I believe that most of the failures can be tied to poor money management and overuse of credit.

I will not borrow money or use credit to run my business. If I cannot pay for something, I don't purchase it. This committment helps me make good decisions and gives me a true compass for my business. Rather than being limiting, it is a freeing value!