America's trusted voice on money and business, Dave Ramsey is a personal money management expert and extremely popular national radio personality. His three New York Times best-selling books - Financial Peace, More Than Enough and The Total Money Makeover - have sold more than 6 million copies combined. His latest book is EntreLeadership: 20 Years of Practical Business Wisdom from the Trenches.
Buying an established business with management might be a better fit. Unlike real estate, a new venture demands constant attention. Your personal commitment is key to its success. If you can’t invest fully, consider alternatives.... more
Approach your friend-client with empathy and honesty. Communicate your need for timely payment and propose a plan for settling the overdue amount and adjusting future payment terms.... more
Buying an established business with management might be a better fit. Unlike real estate, a new venture demands constant attention. Your personal commitment is key to its success. If you can’t invest fully, consider alternatives.... more
Approach your friend-client with empathy and honesty. Communicate your need for timely payment and propose a plan for settling the overdue amount and adjusting future payment terms.... more
Dave Ramsey advises aspiring entrepreneur Kirsten to start her online business small, using existing funds, and gradually grow without debt, emphasizing the value of maintaining a full-time job for stability.... more
The greatest problem with communicating with your team is the illusion that it has been accomplished. Create a culture where you communicate early and often. Here are some ideas!... more
Dave is a huge fan of millennials and Gen Zs in his workforce. He says give them what you should as a leader and they’ll blow you away with their smarts and achievements.... more
Don’t let an employee who may also be a relative disrupt your company. It’s not good for you or the employee. Dave had some advice for address this issue.... more
What do you do when a one-third owner of a company is no longer involved in the family owned business but insists on taking a salary? See Dave’s recommendation on handling this.... more
A free market allows buyers and sellers to transact freely. While some regulation is necessary, excessive control hinders economic growth and job creation. Trust in market forces and mutual interests of buyers and sellers drive the efficiency of a free market.... more
Dave emphasizes the importance of maintaining a ’crusader’s mentality’ in sales. He advises hiring those with a passion for the job and gradually instilling the winning attitude. Leading by example and recognizing success are key leadership responsibilities.... more