Unique musings for entrepreneurs. Hosted by Dylan Gallagher.

June 5, 2019

Questions #entrepreneurs ask - 06/05/2019

Questions #entrepreneurs ask - 06/05/2019 - FULL EPISODE

Dylan responds to questions posted on Quora by entrepreneurs looking for answers:

1. Why are business plans so important to investors? (01:50)

2. In general, which is the cheapest form of financing: cash flow financing, equity financing, or debt financing? Why? (08:09)

3. How can I grow my CA practice with the right business loan? (14:26)

Post your questions on Quora at: https://www.quora.com/profile/Dylan-Gallagher-5

Listen to dylan's podcast at: https://dylangallagher.podbean.com

LinkedIn: http://www.linkedin.com/in/gallagherdylan

* music by Markvard (Everybody) http://soundcloud.com/markvard

May 29, 2019

Questions #entrepreneurs ask - 05/29/2019

Questions #entrepreneurs ask - 05/29/2019 - FULL EPISODE

Dylan responds to questions posted on Quora by entrepreneurs looking for answers:

1. How can I determine the right criteria when looking for a business partner? (01:47)

2. What are the pros and cons of equity financing over debt financing? (07:01)

3. What should a small business owner know about bookkeeping? (14:43)

Post your questions on Quora at: https://www.quora.com/profile/Dylan-Gallagher-5

Listen to dylan's podcast at: https://dylangallagher.podbean.com

LinkedIn: http://www.linkedin.com/in/gallagherdylan

* music by Markvard (Everybody) http://soundcloud.com/markvard

May 24, 2019

Questions #entrepreneurs ask - 05/22/2019

Questions #entrepreneurs ask - 05/22/2019 - FULL EPISODE

Dylan responds to questions posted on Quora by entrepreneurs looking for answers:

1. For business owners that have had businesses fail, what is the best advice you can give someone planning on starting one? (00:37)

2. I am finding it difficult to manage my personal finances after starting my own business. What do I do? (05:04)

3. What is your “why” for starting your business and how has it changed since you started? (11:18)

Post your questions on Quora at: https://www.quora.com/profile/Dylan-Gallagher-5

Listen to dylan's podcast at: https://dylangallagher.podbean.com

LinkedIn: http://www.linkedin.com/in/gallagherdylan

* music by Joakim Karud (Harmony) http://soundcloud.com/joakimkarud

May 17, 2019

Questions #entrepreneurs ask - 05/15/2019

Dylan responds to questions posted on Quora by entrepreneurs looking for answers:

1. What are my best options for financing a small business? (00:49)

2. How does one finance a buyout of other shareholders in a family business? (06:18)

3. What is the critical difference between a balance sheet and income statement? (9:59)

Post your questions on Quora at: https://www.quora.com/profile/Dylan-Gallagher-5

LinkedIn: http://www.linkedin.com/in/gallagherdylan

* music by Joakim Karud (Feel My Love) http://soundcloud.com/joakimkarud

May 11, 2019

Questions #entrepreneurs ask - 05/08/2019

Dylan responds to questions posted on Quora by entrepreneurs looking for answers:

1. What is the best way to set your 5 year goals for building a business? (00:59)

2. What are some unexpected roadblocks in starting your own business and how did you overcome them? (06:07)

3. Which is more important for entrepreneurs? The ability to size up an opportunity or decisiveness acting on it? (10:39)

Post your questions on Quora at: https://www.quora.com/profile/Dylan-Gallagher-5

LinkedIn: http://www.linkedin.com/in/gallagherdylan

* music by Markvard (Feel My Love) http://soundcloud.com/markvard

May 2, 2019

Questions #entrepreneurs ask - 05/01/2019

Dylan responds to questions posted on Quora by entrepreneurs looking for answers:

1. How long would you wait before expanding your business? (00:56)
2. How risky is it to start a business with a partner? (06:01)
3. How do I know whether my company is growing or not? (10:48)

Post your questions on Quora at: https://www.quora.com/profile/Dylan-Gallagher-5

LinkedIn: http://www.linkedin.com/in/gallagherdylan

* music by Markvard (Colors) http://soundcloud.com/markvard

April 24, 2019

Questions #entrepreneurs ask - 04/24/2019

Dylan responds to questions posted on Quora by entrepreneurs looking for answers:

1. What should one do instead of closing a business if you are making a loss? (00:38)
2. What is the biggest problem of small business owners related to growing their businesses? (08:40)
3. What is the difference between a good idea and success? (14:36)

Post your questions on Quora at: https://www.quora.com/profile/Dylan-Gallagher-5

LinkedIn: http://www.linkedin.com/in/gallagherdylan

"music by Not The King (Point Blank) https://soundcloud.com/coreygagne"

March 8, 2019

Bankruptcy, Receivership and Division 1 Proposals

FACT: Many businesses fail. There are many reasons why a business fails or why a company declares bankruptcy. Most business bankruptcy happens because debt owed to secured creditors like banks and lenders or unsecured debt owed to vendors, suppliers and/or the government becomes unmanageable. Things to Consider: - Bankruptcy vs. Receivership? - Receivership vs. Division 1 Proposal? - Division 1 Proposal vs. Bankruptcy? The decision you make for your business really depends upon what options it has available to restructure, reorganize and repay its creditors. Getting help or advice is important to make sure that you have explored all of your options.

Listen now to learn more about bankruptcy, receivership and division 1 proposals.

LinkedIn: http://www.linkedin.com/in/gallagherdylan

"music by Joakim Karud (Show Love) https://soundcloud.com/joakimkarud"

December 4, 2018

1 opportunity overlooked by (almost) every entrepreneur

"Every dollar we spent has to count right now"

Every business today is in the people business. Entrepreneurs often overlook the opportunities locked up in the people that are working for them or with them. A business can find new revenue or improvements to their margin by engaging the people that are actually doing the work. In my experience, an entrepreneur will pay close attention to the people in their business when times get tough and when every dollar has to count. It's unfortunate but the reality is that limited money and resources force creativity which becomes the catalyst for changes and improvements. Where is the best place to find creativity? From the people in your business.

Read the blog here: https://dylangallagher.wordpress.com/2018/12/04/1-opportunity-overlooked-by-almost-every-entrepreneur

LinkedIn: http://www.linkedin.com/in/gallagherdylan

"music: Dreams - X50" 

November 27, 2018

The Secret To Every Great Business

"How does your business make money? Are you sure?"

This question always catches unsuspecting entrepreneurs off guard but also creates a great conversation that can lead to new ideas for solving problems and taking advantage of opportunities. Many businesses focus on the product or service that they offer to the marketplace and not necessarily the problem they are solving. Common logic says that if you are the best provider of a product or service in the market that your business should be the market leader. But is this true? What makes a great product or service? The secret to every great business is that it understands the problem it is solving not the product or service it is providing. You may think this is a nuanced difference but it really isn't. In fact, two businesses offering the exact same product or service may have two different problems they are solving. The key to profitability is being able to understand the problem that your customers or clients are paying your business to solve.

Read the blog here: https://dylangallagher.wordpress.com/2018/11/27/the-secret-to-every-great-business/

LinkedIn: http://www.linkedin.com/in/gallagherdylan

"music: Point Blank - Not The King"