When journalist Vera Gibbons launched nonpoliticalnews.com she had lots of former colleagues and friends telling her she needed to spend money on all kinds of costs, but after making a few missteps, the entrepreneur learned to prioritize and keep her costs in check while she built a strong foundation.
In Vera’s money story you will learn:
-What inspired Vera to start her website and newsletter nonpoliticalnews.com
-How she was approached about hiring many people to help her, but at a cost, despite the fact that her business was not yet earning money
-Vera’s choices about where to spend her resources in the early days of her venture
-Where she regretted spending money, and where she felt her money was best allocated.
-Vera’s revenue model
In Vera’s money lesson you will learn:
-How to evaluate what expenses to take on in the startup phase of a business
-How to prioritize your business needs versus wants
-The legal issues you need to pay attention to when starting a business
In Vera’s every day money tip you will learn:
-Why we all need to be paying close attention to interest rates
-How to identify the interest rates in your life that could be going up
-How to negotiate to get your rates lower
In my take you will learn:
-How to put your friends “advice’ in context when starting any new venture
-How the upward movement in interest rates can be both a positive and a negative.
Resources to learn more about interest rates and why they are going up:
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