Why profits are better than wages

Dan MillerBusiness Start-Up, Entrepreneur, Marketing, No More Mondays4 Comments

This is a tough issue.  We are in a culture that has taught us to expect wages for our time.  The person who makes $10/hr wants $12 and so on.  The attorney who makes $100/hr wants to work his/her way up to $200.  Whatever the level, we’re talking about wages, or linear income.  Is your income linear or residual?  Here’s how you can tell.  Just ask yourself this question:  “How many times do you get paid for every hour you work?”  If you answered, “Only once,” then your income is linear – you are making wages.  Salaries offer linear income. Doctors … Read More

Here’s the best resources to ramp up your business I’ve ever seen

Dan MillerBusiness Start-Up, Featured0 Comments

Every once in a while, I run into some pretty cool people, and like to share their work with you. Today I want to tell you about a wonderful team I’ve been working with recently, namely Ryan and Stephanie from Ultimate Bundles. For several years now, they’ve been putting together some incredible eBook and eCourse bundles. You’ve probably seen some bundles around from time to time, but they’re not all created equally. What I love about Ultimate Bundles is the sheer quality of the resources included each bundle, the way they tie them together to make them instantly actionable, and … Read More

No car no mortgage and a happy life

Dan MillerBusiness Start-Up, Wisdom meets Passion5 Comments

As many of you know, my grandparents on both sides were Amish.  So I have deep family roots in that culture.  Every time we visit family and friends in Holmes County Ohio,  I find myself fascinated by the quantity of businesses operating in that strong Amish area. We watch 18-wheelers turn down tiny gravel roads to get to the various businesses tucked among the back roads. The diminishing number of people directly involved in agriculture has affected even this agrarian group. Reports indicate that in this community, more than half the Amish have left the farms to work in small … Read More

I just want more money and less work

Dan MillerBusiness Start-Up, No More Mondays18 Comments

I just got a FedEx delivery.  This was a new driver, and as I always do, I talked to him about his work – did he love it, did he have any dreams for something else, etc.  I asked if he was an employee or an independent contractor as I know FedEx has both. Just the normal conversation I have with everyone I meet!! He said his boss has 15 trucks and is an independent contractor.  The young driver said that keeps them from unionizing – a fact that he dislikes.  He’d like to be in a union so they could … Read More

I’m living the American Dream man!

Dan MillerBusiness Start-Up, Coaching, Entrepreneur17 Comments

This week I was eating lunch with one of my granddaughters at Taco Bell (yes, it’s easy for vegetarian grandkids).  Sitting nearby were two overweight workers, with names and company represented clearly on their shirts.  Another guy walked in, recognized them and asked, “Hey, how’s it going?” To which Lee responded: “I’m working just enough to look busy and then I go home and knock back a few beers.  I’m living the American Dream man!”  The next day I had two young workers here at my office doing some rearranging on our irrigation system.  They both complimented me on the … Read More

The $1000 Burrito

Dan MillerBusiness Start-Up, Coaching, Entrepreneur9 Comments

This is a guest post by Jodey Smith.  He is a Podcast Coach, Producer, and Consultant.  You can learn more him on his website.    You can also follow him on Twitter. Honesty compels me to confess that I had never listened to a single episode of this guy’s podcast. Yet there I was sitting in a Chipotle parking lot trying to decide if I would go inside and meet him. It all started a few years back when I began listening to podcasts.  Dan Miller’s “48 Days” was the first or second one I ever heard.  It was also the … Read More

Okay where is my money?

Dan MillerBusiness Start-Up, Coaching, Failure, Finding Passion4 Comments

I saw a gentleman one time who brought in several of his many business ideas.  He showed me a letter he received from “retired attorney, Phillip A. Brown.”  Mr. Brown carefully explained how he had been shown this wonderful system for success.  All he did was mail out 200 copies of this same coffee-stained crooked page and he had precise records of earnings that totaled $968,494.00!!  And the letter says clearly “YOU WILL RECEIVE OVER $800,000 GUARANTEED!!!  Yes, in all caps and with the exclamation marks. And “This is 100% legal service.” This was one of those where you have … Read More

Can my wife and I really make money doing this?

Dan MillerBusiness Start-Up, Financial Freedom, No More Mondays, Wisdom meets Passion0 Comments

Joe from Pittsburg writes:  “My wife and I were married a year ago and we’re now expecting our first child! She would like to stay at home when the baby comes, but she’d like to do some part time work. We had a blast creating creative touches for our wedding and were wondering if there was a way to start a business from that. We created a logo using our initials in the shape of a heart. From there we made a custom cookie cutter, candy molds, labels for water bottles, stationery, aisle markers, etc.  Do you think is a viable … Read More

I only do business with people who love their work

Dan MillerBusiness Start-Up, Wisdom meets Passion6 Comments

I hope it’s clear that I’m doing work I love.  Obviously, I would never settle for less.  But you know what else I won’t settle for?  Doing business with someone who doesn’t like their work.  Do you think I want a mechanic working on my prized cars who hates what he’s doing?  Do you think I’d go to a dentist who despised her profession? (And yes, there are too many in this category.) No, I’ll go to extra lengths to make sure I’m doing business with people who have found their passion.  We’ve had the same guys doing our yard … Read More

Is he just a bum or a struggling businessman?

Dan MillerBusiness Start-Up, Entrepreneur8 Comments

A rushed businessman plunked a dollar into the cup of a man selling pencils on the sidewalk.  Half a block down the street, he turned around and made his way back to the beggar.  “I’m sorry,” he said as he picked out his favorite color in a pencil.  “In my haste I failed to make my purchase.  After all, you are a businessman just like me.  Your merchandise is fairly priced and of good quality.  I trust you won’t be upset with my failure to pick out my purchase.”  With that he smiled and quickly went on his way. At … Read More