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Lesson #2: Pursuing the Common Good is Good for Business
“I had such a string of good fortune in my life,” says Newman. “Those who are most lucky should hold their hands out to those who aren’t.”

Penney-Wise: The J.C. Penney Chain Explodes
After being forced to close down his first solo venture, Penney went to Longmont, Colorado to work for Thomas Callahan and Guy Johnson, two men who would forever change his life. Callahan and Johnson owned a chain of dry goods stores in Colorado and Wyoming called the Golden Rule stores. Impressed with his work ethic, when Callahan and Johnson were drawing up plans to open a new store in Kemmerer, Wyoming, Penney was their first choice to head it up. He was made a third partner in the store and sent to the town to oversee the store’s operations.

Surviving Feasts and Famines
Gary Samartino tells his story on how he succeeded in living through "feasts and famines" in his business as an independent service provider.
Work Less, Earn More
How do you work less and earn more if you are paid for the time you put in? The only way is to be a business owner or sales professional. Business owners go into business for many reasons but in the end we all want to earn enough to have the freedom to do what we want, when we want.

Other sole owner Related Articles

Basic Structures
The sole proprietorship is a simple, informal structure that is inexpensive to form; it is usually owned by a single person or a marital community. The owner operates the business, is personally liable for all business debts, can freely transfer all or part of the business, and can report profit or loss on personal income tax returns.
An "On Purpose" Life
If you don’t like your present circumstances, you have the ability to decide how to alter your course. You are the sole architect of your future.

Ready Set Huddle
Before the start of a game and during a game its team members get together to huddle, to discuss strategy make a plan and determine execution. Business is not different. A successful business has the proper team assembled to carry out a business plan. Even a sole proprietor has a team, only that team is comprised of consultants that are hired to carry out specific tasks. In a way the sole proprietor has the right idea. Hire the person who is best suited to do the work that is required. In essence, the sole proprietor has delegated work to the members of a team who are working together to ensure the proprietor's success.
How to attract more customers
Attracting new clients, also known as “prospects” or “leads,” is the number one priority of almost every new and existing business owner. From sole traders to small and medium-sized businesses, large corporations, and global companies, every business owner aims to increase their customer base.

IS YOUR BUSINESS PUTTING YOUR ASSETS AT RISK? BUSINESS ORGANIZATIONS: THE SOLE PROPRIETORSHIP
One of the first decisions a startup business owner makes is which organization form to choose. This is an important decision as it affects personal liability, income tax, and administrative costs. In this article, we discuss the sole proprietorship, arguably the easiest and most common form of business organization. The sole proprietorship has distinct advantages and disadvantages that should be understood before adopting this business form. If you are risk averse and don't want to lose your retirement savings, your cars, or your personal home, you need to read on.
Sole Trader Business Finance - The facts you need to know
As a Sole Trader there are different legal responsibilities when it comes to your financial liabilities, there are several facts you need to know when you consider setting up your business as either a limited entity or a sole trader, this article explains.
When Opening A Small Business, Choosing the Right Business Structure is Something that Should Not Be Taken Lightly
Should you Incorporate, form an LLC, Partnership or Sole Proprietorship?

Business Reward Credit Cards; Six Things You Need to Know
It doesn’t matter if you're a sole proprietor or the owner of a large corporation with hundreds of employees, business reward credit cards can give you a source of quick capital and help in the process of managing your daily business transactions.

Hey Boss!
Perhaps a full or part-time assistant is needed to handle the administrative duties that often keep the owner/operator away from his or her “real” job. Others have no option but to “share” the real job with another qualified professional. This entire issue is further complicated by the fact that home-based sole proprietors tend to be a guarded group. The fear of loosing control and even clients is paralyzing.
Entrepreneurs Demonstrate Resilience and Determination in Action
I encourage you to read the full report for more ideas you can use now in your sole proprietorship.
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