Entrepreneurship
Entrepreneurship Leads to Prosperity
One of the greatest blessings of the modern age is the ability to start and build a successful business without coming from a background of wealth, without having to invest a ton of money, and without regard for gender, race, size, or any of the other factors that can sometimes distinguish winners from losers.
At Prosperopedia.com, we have benefitted from the opportunities of entrepreneurship provided by the freedom that has been championed by the United States since its founders fought so valiantly for the principles upon which this country is based. Those principles, including self-government and personal accountability, can nurture the entrepreneurial spirit like nothing else.
The articles and other posts you’ll find here are meant to inspire you, instruct you, and motivate you towards greater entrepreneurship. Whether you’re in the process of starting a fledgling business or if you’re just looking to polish skills and get ideas from others’ experiences, we hope you benefit from the content you find here in our entrepreneurship section.
7 Best SEO Tools for Internet Marketers
Search engine optimization has been a marketing thing for a long time, essentially since Google changed the way people access information on the internet. As Google took on the task of indexing and ranking public websites and its user base grew from thousands to millions and now into the billions, tools have been created for…
How to Build a Successful Drop-Shipping eCommerce Business
There was a time in my life when I was struggling to figure out how I would support myself and my future family. As a student at Snow College more than 20 years ago, I remember being afraid I was going to get fired from my $5.50/hour job, which involved swapping out hardware and installing…
How to Close Your Stripe Payment Processing Account
There are lots of ways for online merchants to accept payments. Stripe is one of them. Setting up a Stripe payment processing account is one of the easiest ways to start accepting payments online, although there are several cons for using Stripe, including the comparatively high percentage of your sales they take as a commission…
HubSpot CRM Software Review: Features, Pricing, Comparison
The HubSpot CRM is an effective marketing and sales automation tool for small and large businesses. Here is an introduction to its features and pricing.
Brett Bartlett, Dynasty Toys, Amazon Sales, and Face Masks: What I Learned From Interacting With a Scammer
Update: September 15, 2022 This article is about Brett Bartlett, a professional scammer (pictured to the left, the dorky one in the back with the big cheesy smile that says, “I’ll be your best friend while I steal money from you”) who goes from one scheme to another defrauding people while pretending to be a…
Internet Marketing Strategies Quick Reference Guide
Marketing your product, idea, or business on the internet is likely the most efficient way you can gain exposure, customers, and revenue. But what channels should you use?
Here is an overview of all the major internet marketing venues available.
Kliken Google AdWords Management for WooCommerce
I’ve been selling vinyl home decor products on Amazon for several years, but recently decided that I need to focus on getting traffic to my website’s WooCommerce store. As most online retailers know, there are several reasons not to rely on Amazon to keep your business growing, especially the inherent instability of allowing Amazon to…
Starting and Growing a Business
In this article, I will be discussing topics associated with starting and growing a business. As an outline for this discussion, I will be using the manual for a course called Starting and Growing My Business for Self-Reliance, published by The Church of Jesus Christ of Latter-day Saints (also known as the LDS Church or…
Pros and Cons of Owning an Amazon Business
Over 200 million people visit Amazon.com each month. Amazon’s web traffic is unique in that most of the people on that ecommerce are there with the intention of purchasing. Amazon has over 100 million Prime members, meaning they purchase a high percentage of the things they buy on a regular basis from Amazon. For anyone…
How to Register a Trademark
Article Summary For entrepreneurs and other business owners, having a registered trademark helps you to protect the intellectual property you’ve worked hard to create. The process of registering a trademark usually takes a year or longer, and typically cost about from $1,000 to $5,000 using a trademark attorney. The ultimate cost depends upon how difficult…
Seven Figure Income Bloggers
Over the past year, I’ve made a determination to make this blog my full-time income. I’m hoping to make it a very large income at that. In fact, my goal is to get this website, Prosperopedia.com, to a level where it’s netting over a million dollars per year. You’ll often hear folks refer to the…
An Online Lead Generation Strategy That Always Works
Prosperopedia.com, the encyclopedia of prosperity, is dedicated to helping our community become more knowledgeable about how to be prosperous. To that end, this article describes a strategy for efficiently growing a business built on product marketing and sales using a proven lead generation strategy. Article Summary This article describes the steps involved in creating an…
How to Build a Billion Dollar Company
The quickest and likely most efficient way to start and build a billion dollar company is to create and sell a software product that has appeal to the masses. To build a billion dollar company, you’d essentially need to assemble and manage a team capable of creating, effectively marketing and selling the software, along with…
How To Create and Use a Gmail Account
Setting up a Gmail account is easy. It’s also free. And Gmail accounts are highly useful for lots of different things, some of which I’ll get into later in this article. If you don’t have a gmail account yet, it’s never too late to jump in and set one up. I’m going to show you…
How to Downgrade (Cancel) Your Professional Amazon Seller Business Account to Individual
In this article, I will explain how to downgrade your Amazon Seller account so that you’re not being charged the monthly seller fee by Amazon. This is useful for Amazon sellers who are not selling enough to make paying the professional seller fee worthwhile. If you are ready to take your Amazon business to the…
Scott Voelker TAS Inner Circle Mastermind Group Review
This article reviews my experience participating in Scott Voelker’s TAS Inner Circle. I hope you find it beneficial as you make a decision about whether to participate in that group or to join another Amazon coaching program (or any coaching program for that matter). I recognize that business owners are all unique, and have varying…
The Importance of Offering Free Shipping for Ecommerce Businesses
The landscape of ecommerce has changed drastically since I started my first online business about 20 years ago. When I first began selling drop-shipped products on websites or sourcing products to sell on eBay, it was seen as normal to require the customer to pay shipping costs. In fact, many sellers on the various online…
Why I’m Teaching My Kids to Code
I really don’t want any of my children to be a coder for a living. But I’m teaching all of them to write code. Here’s why. My Own Software Development Experience There was a time in my life when I thought I would spend my next thirty or so years employed in a career, from…
Pros and Cons of Using a Property Manager for Nightly Rentals
Over the past few months, I have been wading into real estate investing by purchasing a couple of nightly rental condos in the Saint George, Utah area. Because this is my first experience with nightly rentals, and due to the fact that I already have more things on my schedule than I currently have time…
How to Migrate Your WordPress Website to the Google Cloud Hosting Platform
The past decade has seen a mad rush “to the cloud”, as performance requirements (speed and availability) for apps, websites, and other technology have increased. For me, it seems like I’ve been looking for a solid place to host my websites for as long as I’ve been building them, as far back as 2000, when…
How to Install and Use Google Analytics with Your Website
Several years ago, I was asked by a company that had over 50 employees to help their struggling marketing team, who was sending over to the sales team under the name of “qualified leads” simply a list of names, phone numbers and email addresses (many of them outdated) that had been purchased from Data.com. Desperate…
How to Set Up a Business Website
Last fall I had the opportunity to attend a community-based self-reliance class called “How to Start and Grow Your Own Business” along with twelve other people who were in various stages of business development. Some only had ideas they were hoping to vet. Some were operating fledgling companies or part time side businesses, and some…
Selling Your Ecommerce Business? Here Are Some Tips
I’ve made my career out of building and selling online businesses. After trying to start an automotive business (an endeavor that was going to cost us over a million dollars to get off the ground) with my father and brothers, then realizing how little risk was involved in selling things online, I jumped into the…
Buying and Owning a UPS Store Franchise – My Experience
Several years ago, my wife and I owned an online sporting goods business. We shipped a lot of products, which meant we spent a lot of money on shipping. As any online retail knows, shipping costs continually are on the rise, and people don’t like to pay those costs, especially since Amazon has trained the…
Alternatives to Going to College
Nearly two decades ago I visited my wife’s family in Texas to propose to her. The vetting process for her family involved finding out about my plans for college and career. I remember staying up until four o’clock in the morning debating with her grandpa this question: Is college necessary? His argument was unequivocally this:…
How to Become a Blogger and Make Money Doing It
If you’re reading this article, you likely have heard the buzz about people making a dang good living working from their basement or living room or somewhere else that’s not a cubicle around the corner from an angry and demanding boss. If you know someone personally who’s had any success with blogging for income, maybe…
How to Start an Amazon Business
Amazon has taken over the ecommerce world over the past 10 years. Having been in ecommerce for almost 20 years myself, I can attest to the fact that more and more internet shopping (which continues to grow every year) in the United States is happening on Amazon and less on regular old mom and pop…
Small Business Administration Merging Leaders Military Veteran’s Entrepreneurship Program
President Trump’s Donation to the SBA I saw on the news today that President Donald Trump is donating his Q2 salary to the Small Business Administration program to help with a new program developed by the SBA to help US military veterans transition from their careers in the military into becoming business owners. The SBA…
Is It Risky to Be an Entrepreneur or to Start Your Own Business?
Sure, there is risk involved in starting your own business. But there is also risk in working for a company. Which should you do?
How To Become Rich – The Richest Man in Babylon Formula
The Richest Man In Babylon is a fictional story with sound principles that have helped people become wealthy through their application. This first part comes from the part of the book “Seven Curses For A Lean Purse”. Heed the advice in each of these sections, and your “purse” will become fat and overflowing with wealth….