Weekly Roundup: 5 Must-See YouTube Videos for Entrepreneurs (April 10, 2015)
In this week’s roundup of must-see videos for entrepreneurs, Evan Carmichael offers tips to save your business from failing, Derek Halpern dishes some killer writing advice, and Brendon Burchard discusses how to deal with stress. Plus, Brian Tracy ruminates on the habits of successful people and Mark Kohler delivers some last-minute tax advice for small business owners. So grab your favorite beverage, sit back, relax, and enjoy.
1. The Basic Tax Deductions Most Small Businesses Forget
As the tax deadline approaches, tax expert Mark Kohler reminds small business owners that there’s a long list of potential deductions they could be taking to take a load off of what they owe to Uncle Sam. Kohler’s list includes cell phone, dining, entertainment, home office, PDA, laptop, and travel. “So many people are not taking advantage of just those basic deductions in their small business,” he says. “It can really add up quickly and then provide huge savings on the back end.”
2. 3 Ways to Save Your Business from Failing
In this video, Evan Carmichael gives excellent advice on how to save a business from failing. While living within your means, choosing a niche, forming alliances, and providing amazing service may seem obvious, Carmichael expands on these with real-world examples of ways small business owners can make these things happen. It will get your idea engine revving and just might save your business.
3. Writing Used to Be Hard. Then I Tried This…
“When you’re building a business you need to write,” Derek Halpern of Social Triggers begins this excellent video on “writing smarter and faster, even if you’re not a writer.” Halpern understands that for many people writing is tedious, time-consuming, and pull-your-hair-out frustrating—he used to be one of those people. But then a quote by famous copywriter Eugene Schwartz (“Copy is never written. Copy is assembled.”) inspired him to develop a 5-step writing process that helps him pump out quality content super fast. It really does work!
4. How to Deal with Stress
Brendon Burchard, author of The Motivation Manifesto, published this great video about dealing with stress, which ties in nicely with our Monday post about dealing with stress. As Burchard points out, stress is something that we allow into our lives. He gives smart advice about making a conscious decision to not be stressed out and he discusses how deep breathing, taking a walk, and getting organized can work wonders in helping to ease up the stress in your life.
5. What Are the Habits of Successful People?
There’s something so reassuring about Brian Tracy’s videos—you get the sense that he really wants to help people succeed in both their personal and business lives. This one is no exception, with Tracy pointing out the friction between good and bad habits and discussing the habits that successful people have in common. His tips are actionable, so take notes and get started today!
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
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Hot shot hauling is one of the fastest ways to put a truck to work, but it comes with a built-in cash flow trap: you pay for fuel, insurance, and your truck note in real time, while brokers and shippers pay you on their schedule. Invoice factoring closes that gap. Here is exactly how the process works for a small hot shot operation.
The Cash Flow Problem Every Hot…Can Factoring Help Me Make Payroll on Time?
Yes. If making payroll is the specific worry that brought you here, invoice factoring is one of the fastest, most reliable ways to solve it. Factoring converts your unpaid invoices into cash within about a day, so you can make payroll on time no matter how slowly your customers pay.
For a lot of business owners, “can I cover payroll this week?” is the single most stressful question…
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This is a thoughtful question, especially if you’re trying to build your business credit carefully. The short answer is that factoring is generally gentle on your credit profile — and in some ways can help it — but there are a few nuances worth understanding.
Start with the most important point: factoring is not a loan, so it doesn’t add debt to your business credit profile the way…
