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The cash vs. accrual headache plagues so many entrepreneurs. 

If you own a business, you need to know that there are two ways to do your accounting. 

1.  Accrual - Tracks the revenue and expenses of your company as they incur. For example, you record a sale when you do the work, not when you get paid. 

2.  Cash - You record the sale when you get paid.

As an entrepreneur, both are valuable to you. Get an accountant that understands the difference (not all do) and can report both back to you. 



1 year, 4 months ago on Conversation @ http://www.entrepreneur.com/article/227232

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We support over 500 businesses around the country from as outsourced accountants and I can tell you that the overall feeling is optimistic. 

I am extremely energized when I talk with each of them. 


1 year, 4 months ago on Conversation @ http://www.entrepreneur.com/article/227262

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I'm curious to find examples of how businesses are using Vine to connect with their customers. Does anyone have few names of Vine users that I can check out that are using the platform to grow and inspire their community of fans?

1 year, 5 months ago on Conversation @ http://www.entrepreneur.com/article/227153

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Great article Brian. When you look at the logo design websites, it seems to be the logos with lots of complexity that sell. They have a reflection, are in 3D and have complex illustrations.  At the end of the day though, the brands that I remember have a simple and memorable logo.  


1 year, 5 months ago on Conversation @ http://www.entrepreneur.com/article/227017

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Don't forget to follow Gary Vaynerchuk on Vine.

1 year, 5 months ago on Conversation @ http://www.entrepreneur.com/article/227001

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@James Roble @Eddy Hood I've seen that too. Not all entrepreneurs are in it for the right reasons. One company in my area blew through 3 million in 12 months with nothing to show for it. 

At the end of the day, if the entrepreneur has his or her head on straight and has a long-term vision, they can really have a profound effect on growth. 


Thanks James!

1 year, 5 months ago on Startup drugs

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When I was in my early twenties, I worked for a small entrepreneurial company. The owner always had something new to try. It felt like our business model was changing every 30 minutes. It was frustrating because it was almost impossible to get good at what we were being asked to do. Needless to say, that company went out business.

1 year, 5 months ago on 3 Surprising Things You’re Doing to Sabotage Your Business

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One of my personal rules on Twitter is that I won't connect with anyone unless the avatar is an actual person who's tweets aren't one-sided. Unless I know your company and am addicted to your product or service, I'll skip past all logo avatars too.

1 year, 5 months ago on Conversation @ http://www.entrepreneur.com/article/227013

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Awesome article Kathleen!

Innovation cannot come from sitting at your desk. It comes with engagement from your community, employees, and prospects. We need to spend our days in discussion rather than planning out what to do on Excel spreadsheets. 

The only time I advocate sitting at the desk to innovate is when you can sit down and listen to conversations on Twitter about your topic. That's a great way to get real-time ideas and feedback from people all over the world in just seconds. 

Thanks again!

1 year, 5 months ago on Conversation @ http://www.entrepreneur.com/article/227004

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A good entrepreneur is great at a few things: 

#1 - His or her core skill set

#2 - Asking how to do it better when it flops

#3-  Applying what was learned and starting over with even more optimism 


1 year, 5 months ago on Conversation @ http://www.entrepreneur.com/article/226968

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I sit on the board for a lot of companies throughout the country and this article clear defines what I see happening. 

I loved the statement about how growth continues to push the break-even point further and further out. It's true because we have this mentality that you must spend money to make money. If a business can dial in how to scale, it can get past this issue. 

Another comment aside, I was listening to an investor speak on Tech Crunch recently about how venture guys usually try to boot the founder out of the company early and replace him with a superstar. He argued that the best thing to do is to leave the founder in for as long as possible. He is the one with the passion and the drive to make the company great.I completely agree. To go along with that, I liked Andy's suggestion to fix the core. If the founder is still passionate about the company, the core can always be fixed.  If the founder is kicked out or loses passion, the business is dead in the water.

1 year, 5 months ago on Startup drugs

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I am voting for the personal pages as well.  I was really excited about this until I realized it wouldn't do my personal Google+ page.

1 year, 6 months ago on Now You Can Manage Your Google+ Pages With Sprout Social

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