The Entrepreneur’s Handbook – 59 Resources For First Time Entrepreneurs

entrepreneurs handbook

As a first time entrepreneur you probably have tons of questions. And every time you do a Google search for an answer you are bombarded with too much information and in some cases that information contradicts other things you have heard. Due to this, I have created a list of 54 resources that should help you out.

Legal & Accounting

Legal and accounting issues may not seem important when you are starting your company, but they are. Legal and accounting mistakes that you make early on can haunt you for years and can be expensive to fix. So if you are going to start a company you should do things right from the get go.

  • S Corp. vs. LLC: Which Structure is Right for Your Business – Determining the type of legal structure for a new business can be daunting for entrepreneurs and small business owners. Learn more about S Corporations and Limited Liability Companies (LLC), and decide if one of these business structures is right for you.
  • LegalZoom – a cheap way to get incorporated.
  • Findlaw – a directory of all the lawyers throughout the US.
  • Bookkeeping 101: Debits and Credits – Accounting ends with score keeping but begins with record keeping. The first task of accounting is to accurately record transactions. Transactions are events that change the composition of a firm’s assets, liabilities, and equity.
  • Accounting Basics – This explanation of accounting basics will introduce you to some basic accounting principles, accounting concepts, and accounting terminology.
  • Docstoc – A free place to get legal documents and templates which can drastically help reduce your legal fees and in some cases allow you to do some legal stuff yourself.
  • You’ve Been Sued: What Do You Do? – Everything you wanted to know about being sued.
  • Opening a Business Bank Account – Business bank accounts and your identity.
  • Closing Down Your Business Permanently – If you’re shuttering your business for good, there’s more to it than drawing the blinds.
  • Legal Issues to Consider When Starting Your Business – There are a multitude of legal issues to think about when it comes to starting your business. Everything from your business name to its structure to its operation has legal implications.

Web Design

Design is something we tend to take for granted. Not only is important for your website to look good, but you also want to make sure it is usable and converts.

Internet Marketing

You can have a great product or service, but if no one sees it you will never make any money. Now this doesn’t mean you have to hire a marketing firm to help you out, but you could learn some basic things about Internet marketing.

Hiring Employees

When you don’t have much cash in the bank, you can’t afford to make hiring mistakes. Sooner or later you are going to have to hire a few employees, so you better know what to look for.

Raising Venture Capital

Raising money can be a pain in the ass, especially if you have never done it before. If you want to raise money, you need to know the basic terminology that venture capitalists use, how to create a pitching deck, and how to get in front of venture capitalists.

  • Vfinance – A directory of venture capitalists, angel investors, and business plan templates.
  • Forbes Midas List – A list of the top 100 venture capitalists for the year 2009.
  • The 10/20/30 Rule of PowerPoint – Before you make a powerpoint that showcases your company and how much money you are raising, you should read this.
  • How to Raise Venture Capital – An detailed overview on how you can raise money.
  • Venture Hacks – A blog for entrepreneurs that discusses everything about venture capital.
  • The Funded – An online community of entrepreneurs to research, rate, and review funding sources worldwide.
  • How To Raise Venture Dollars – Ben Elowitz who has raised over 40 million dollars breaks down the tricks to raising money.
  • Paul Graham – Awesome essays about venture capital and entrepreneurship.

General Business Advice

Other entrepreneurs have already solved many of the problems you are going to face. So when you run to into these generic problems, here are some websites you can turn to.

Living The Frugal Life

Although it may sound sexy to be an entrepreneur, most entrepreneurs don’t make a ton of money. You are going to have to learn to live a frugal life so that you can continue to do what you love and not worry about paying your mortgage.

Conclusion

There are a ton of resources out there for first time entrepreneurs, but these are the main ones I use. Do you have any other recommendations?

Update: If you feel that a specific site should be added to the entrepreneurs handbook, leave a comment and I will add it to the blog post.

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Comments

  1. Neil,

    You have put together a VERY solid list of resources here. There are several sites on here that I have yet to come across and glad that I have now. Needless to say, I have been busy clicking these links! Thanks for including YoungEntrepreneur.com on your list for: The Top 10 Mistakes People Make When Starting A Business!

    All the best,

    Adam Toren

  2. I like the compilation there. Especially the Accounting/Legal part. It’s definitely over-looked by MOST, if not all people who are just starting out. They tend to dive head-first into whatever venture they think fits the scene and realize much later that they didn’t pay enough attention to the basics that EVERY business requires and that it’s going to cost quite a bit to fix that mistake.

  3. A nice tidy guide! I would have loved to have found that all in one place when I started!

  4. Awesome resource Neil, one of those that you feel great after reading the whole list for gaining so much great information. thanks for the compilation.

  5. Neil, this is pure gold for the first time entrepreneur. Just an awesome resource that is sure to save many hours of research time…well done, and thank you!

    Matt

  6. Again, lots of useful information and all of it so clean, thanks a lot Neil.

  7. Well I gotta say that I certainly appreciate some of the resources in the Legal & Accounting section! (Don’t get me wrong, the other resources are great as well).

  8. Just wanted to say thanks for taking the time to compile all of these resources, very useful info all in one location!

  9. Handful of information. I always love to see compilations. as you are a busy person, I’m still wondering how you manage to compile this list?

  10. This is an awesome list. Will certainly share it. Lots of entrepreneurs will love this.

    thanks Neil :)

  11. Nicely done Neil ;)

    Very competitive list of resource for first time entrepreneurs.

    I would like to add that becoming an entrepreneur you have to have flexible and creative mind and use it at its effective potential. If you want to survive at business I think it is vital to develop sound problem-solving skills, creativity, visual thinking and self-mastery.

    So I would recommend reading a resource about mind innovations and it’s abilities at http://www.litemind.com

  12. Really awesome resource Neil,these all of them are useful and important to become a good entrepreneurs.Really so much great information. thanks for the compilation.i will follow all of them….

  13. Good list that, may I also add to this list the following sites which I’ve found invaluable within my business:

    Accounting – http://www.arithmo.co.uk/
    Web Design – http://alvit.de/handbook/
    Internet Marketing – http://www.livewirecampaign.co.uk/

  14. Hey Neil,
    You are awesome man, I am a continues reader of your blog for the last two weeks, When I read each article, I am feeling like the things that I searched for years, you are explaining in your blog. I will call you an “Encyclopedia of small things”, greats things we all will get, but, we can’t always easily find small things that help to make these big things. Thanks a lot for these article, continue writing.

  15. Gr8 points Neil, I’m a web designer so always keep in mind that golden points.

  16. Hi Neil,

    that’s a really impressive list of resources, thanks a lot for sharing!

    -Hans

  17. Those are some great resources Neil. Saw you at Dot Com Pho with John, nice tips you got.

  18. Wow, Neil, this is great! The Legal and Hiring Resources you’ve rounded up will be a big help to me — there’s a lot of steps that you don’t think about when expanding from freelancer to full fledged business.

  19. Many Neil, you don’t post often but you do post right. Fantastic resource page. Thanks. I’m off to tweet it.

  20. Dr.S.Balaji :

    Neil,
    Did you come across any such set of resources specifically suitable for India? If not, I would like to start one, may be, with your help.
    Thanks.
    Balaji

  21. Nice post, Neil. Since you are linking to one of my posts around raising money, here is another one that might be useful to your readers: http://tinyurl.com/b5fdnh

  22. This post is awesome, all these resources should prove useful to anyone working as a freelancer or an entrepreneur.

    Featured here: http://www.presidiacreative.com/web-picks-20/

  23. What a great guide! Thank you for putting this together and sharing it.

  24. Great roundup! Thanks for sharing it all. I really liked the Accounting & Legal as well.

  25. Great list. I have already been through a lot of the sections in terms of where my company is at, and I think you have a great mix there.

    Definately covered the basics for beginners.

    • If you know of anything else I should have added to the list, please let me know.

      • Actually I was trying to think of something when I wrote the original comment, but the only thing I could think of was that many states have Small Business startup check lists on their Secretary of State or Economic Development pages. I have used those checklists for several states already. But as those would be more customized solutions, it wouldn’t really have counted as another link.

        One thing that really helped when I was researching VC was actually reading as many websites of VC’s as I could. Many have the same content about what they are looking for in terms of proposals and how to put together pitches. Several had step-by-step instructions on what should be included in pitches as well. If I remember the good ones, I will pass them along (it has been a couple years since I did that project).

  26. The truth is few entrepreneurs will ever qualify for venture capital. With a self-employed 401(k) loan one can access up to $50K of their retirement funds without tax penalty. You should add this website tip to your list of resources http://www.InvestSafe.com

  27. So that’s what you were doing all weekend. Great list Neil, you’re productivity and attention to detail is impressive, especially since you make it appear effortless.

  28. Neil, thank you and all the bloggers out there that are so generous with their time and energy! An invaluable set of resources that will have me entertained and informed every time I have a break in my workflow.

    You’re awesome.

  29. Neil, fantastic post! I’ve been looking for answers to some of these questions and this will prove to be an invaluable resource.

    Thanks!

  30. This is awesome info here….even down to reduce rent for business. I never really thought about it like this. Comes to show how businesses for business is taken serious in the world.

  31. Thanks for this post, an excellent resource.

  32. Wow – that looks pretty complete. You did an awesome job. How about putting this on a wiki and let others add tips and thoughts. I founded 7 very successful companies – happy to contribute. Like business plan templates, or how to register a new company online for $500…

    • For me it is easier to keep it in a blog post format and just add to it when people recommend sites.

      Leave a comment if you can with sites you would like to be added to the list.

  33. Neil, this is a terrific compilation. Even just as a checklist it has value, let alone the content behind the links.

    Particularly issues to do with staffing, overheads, finance and legals – all the stuff that entrepreneurs discover is the oil that keeps the wheels turning, yet may not be the glamorous site of running a business.

    Wish we’d had a list like this when we started our first online business back in 2000.

    Cheers…

    David Eedle
    http://www.NicheContentMillionaire.com

  34. Very handy – thanks a lot. Will be “re-blogging” this list later this week to my entrepreneurial docs (and then tweeting my blog post)! Like ripples in a pond …

  35. cash-loans-uk :

    This list looks petty complete. Great Job Neil. But some sites do not seem to be vey inspiring design-wise.. but I am sure they will have great resource.. yet to explore them all

  36. This is really a kind of Wikipedia for the first time entrepreneurs…Very useful and worth bookmarking post..THANK YOU.

  37. This is a wonderful resource for starters, it’s well written, nicely organized, and easy to read. Perhaps the most valuable contribution this resource can make for most entrepreneurs, especially those involved in technology-based ventures, is that it provides a strong foundation for conversations with an attorney.

  38. Great article!

    I think that online business is a perfect area to start with minimum investments. You learn either web design or web programming and create your own web resource. The idea should be unique, otherwise this will be just waste of time. But if you really like something, for example dating, pets or games – whatever, you can create related website – online dating, pet food online shop or online gaming portal, and you will have success.

    • Yea, just look at Andrew Warner. He started a business with a few hundred dollars and it happened to be his business ended up making 8 figures a year.

  39. mark harrison :

    Thanks Neil…it is one of those lists that most of us commenting here would have liked to have compiled ourselves but you have just gone out and done it which puts procrastinators like me to shame!

  40. This is a must-read business post. I’m forwarding this to everyone I know. Thanks!

  41. Thanks, Neil — as always right to the point. Your research and effort has saved us tons of time and money. Looking forward to more info from you over time!

  42. Excellent post and compilation of resources. I will be tweeting and forwarding this to a bunch of my friends who will be very grateful to you Neil!

  43. Neil you should add persuasive.net as it’s the fastest way to learn persuasive communication ;)

  44. Neil,

    Can I include this info somehow on thriveamerica.com?

    ~ Brent

  45. I’m loving the legal and accounting section of your post. This is a very challenging area for me.

    And look at that in the internet marketing section – those are helpful links you’ve got there. Ah, we’re getting to the good finds here. Thank you.

    This post deserves a tweet. It’s the least I can do. It’s been very valuable after all. “,)

  46. This has to be one of the best informative lists I’ve ever read. Like alot of the others, I wish I had it when I first started but there still is alot of information I can certainly use.

    I’ll be busy tomorrow thanks to you!

  47. Great list Neil. Just wish their was some Paul Graham love in there. His essays simply rock! http://www.paulgraham.com/

  48. Wow Neil,This is great resource for noobs like me.Takes a bit time to understand somethings though.

  49. TheNextBigCloud :

    your blog becomes better and better. thanks for this list.

  50. Great resource, I find this list really handy, particularly as its broken into sections where I can focus on my primary concern at any given time. Bookmarked :)

  51. Entrepreneurs should count themselves lucky for your insightful posts are indeed a blessing!

    Great work Neil!

    Jason Williams.

  52. Hi Neil,

    Excellent resource – we also have an online Entrepreneur Handbook published at http://www.techmaine.com/entrepreneur-handbook – it is a bit location specific, but I think folks will find most of our resources of value.

    Great to see the additional resources!

  53. Hi Neil

    Fantastic resource! I thought you might be interested in http://www.women-unlimited.co.uk which is an online magazine and training company supporting women entrepreneurs in the UK. Thanks for looking :)

  54. I have read this most Neil it is a great but can you explain “Opening a Business Bank Account” what kind of account you are talking about? We can not use our personal account as business account.

    • The reason you want to keep them separate is because you don’t want to mix your personal finances with business finances.

      Any account can work. Just open an account from a reputable bank.

  55. Come out with a list of great Ideas after I had to hand in my Business plan for my final assignment gosh… lol

  56. Great list Neil! I recently taught an eduFire class called “Resources for Entrepreneurs”. It was before you published this list but if I teach it again I will definitely work this in! In the meantime, here are the slides from the presentation:

    Resources for Entrepreneurs

  57. This information is really worth to read Neil.….I have never really thought like this. I would like to know more about “Opening a Business Bank Account” what kind of account is it? Moreover I believe that we should not use our own personal account for this.

  58. Thanks for this Neil..I stumbled onto your blog from the DIYThemes.com homepage (I use the same theme :)…good to find a young Indian entrepreneur.

    Getting a startup established in India, though, is about ten times as difficult – the legal details are just way too confusing and convoluted.

    I’ve bookmarked this page already though..has a lot of very interesting resources

  59. Hello Neil,
    Awesome read. I’m just starting out. Saves me so much time b/c of the info u’ve provided. Thanks again.

  60. Nice work you managed to get me to open a whole bunch of tabs. Now to do some reading. :)

  61. The last day of a recession is the best day to start a business, the saying goes. So tackle the above steps in this article now – and be ready to ride the rebound when it comes.Thanks Neil

  62. I have read this most Neil it is a great but can you explain “Opening a Business Bank Account” what kind of account you are talking about? We can not use our personal account as business account.

    • No, you want to go to your local bank and ask them to open up a separate business account. When it comes time to do taxes, P&L, etc. You want to be able to access information that’s clean and purely for your business, instead of going through each transaction to determine which is what.

  63. Great list, but even better is the category breakdowns. It can really help those starting out to think about some areas they haven’t even considered.

  64. Really helpful resources Neil. I guess this will surely help me as i am in Early days of my blogging. Can you give me few inputs as to how can i increase traffic on my blog, at this point around 300 unique visitors are coming on the blog.

  65. Great resource Neil!
    Nothing in your list about picking your first office though. There’s lots of office communities sprouting up in major metropolitan areas that cater especially to new start-up companies. These “turn-key” office solutions save entrepreneurs thousands with their all-inclusive packages.

  66. Hi Neil,

    This is really incredible and loads of excellent tips, links and advice. I wish I had seen your site when I was starting my business 10 years ago, would have saved me a load of time and effort.

    Accountants and lawyers are 2 things you need to get right in business. Get that wrong and you are doomed.

    Thanks for you wonderful site.

    Tim

    • They are a BIG HELP. I made the wrong choice with my originally lawyer, but in the end, I got a new one and it all worked out. Never cheapen out when choosing an accnt or lawyer.

  67. Thanks for this great list of resources, although I hope I’ll never have to use some of them (You’ve Been Sued: What Do You Do?, Closing Down Your Business Permanently etc.) ;)

  68. I would like to add that becoming an entrepreneur you have to have flexible and creative mind and use it at its effective potential. If you want to survive at business I think it is vital to develop sound problem-solving skills, creativity, visual thinking and self-mastery.

  69. I founded 7 very successful companies – happy to contribute. Like business plan templates, or how to register a new company online for $500…

  70. Yoga Mat Review :

    Thanks for this, Neil. That surely, is gonna help a budding entrepreneur like me. What I want to know now is, is it better to start off a company after I do some successful freelancing or is there a better way off?

  71. Looks like you have some good tools for many people. I always go back to the basics when things seem to change or aren’t going as expected.

  72. Thanks for the awesome resources. I’ve been looking for a post like this that links to a variety of different articles and guides. It sure beats surfing the web trying to find them all.

    Thanks again!

  73. Ruby on Rails Craftsman :

    Hi Neil,

    You have got a very nice list there. I also read your entrepreneurial journey and was really inspired by it. I wish you all the best in your current and future endeavors.
    Can you please suggest us some good resources on picking up company names? I like your crazyegg and kissmetrics :).

    Thanks,
    Ruby on Rails Craftsman.

  74. this is great. thanks man. its like having your own library of greatest books for becoming a successful Entrepreneurs. it takes time and effort to get all of these resources together. i thank you for doing this selflessly.

  75. This is like the best resource ever for a beginner … I’m a student n am about begin a startup with few my pals n the resources mentioned here is gonna help start from an entire another level … Thnx a lot to you :)

    You have no idea how grateful I’m :)

    PS: I cant even believe that you reply to all your comments. Well, I’ll be waiting for mine

    • I’m glad you enjoyed it. You getting the help you need to start up and make your venture into a success is my goal. I’m always happy to contribute.

      I reply to every comment because you took the time to comment on my blog, I feel it’s necessary for me to respond to you. :)

  76. Online Profits :

    Hi Neil,

    Wow… What a great source of info… One of the best I’ve come across… Will definately save many many hours… This is exactly the kind of post that many starting out need…

    Great job!

    Thanks so much for making it avaiable.

    Brye

    • No problem Brye, but it really comes down to whether or not you apply it in your business (obviously with methods of trial and failure). Otherwise, this helpful will be just that… helpful information.

  77. great list.. i missed this one after all these days.. following ur blog

  78. mma pound for pound :

    great list neil, it help us for learn, your’ entrepreneur is very awesome, thank’s very much neil…

  79. Great list. I have already been through a lot of the sections in terms of where my company is at, and I think you have a great mix there.

  80. I really lack of accounting skills, your list seems very important for me. Thanks for that! Yet for some of them, I have learned so many times, so I may ignore it.

    PS: What I like from your ideas is that anywhere, you always tell us to have a frugal life. It really inspires me now. :D

    • Well don’t ignore it because they are important to implement and integrate if you haven’t done so already. Keep your inspired emotion and take action on something right away.

  81. Great Resource Collection.

    I’d say this is one of the most complete resourse list for start ups all on one page.

    Good Stuff,

    and nice TrackBacks.

    Thank Neil

    Joe @ Small business ideas

  82. This site is so informative and the people are so serious when it comes to commenting. By the way, thanks for the share of usefull tools and sites. I’l be visiting those.

  83. Hey Neil, thanks for this very comprehensive post about Entrepreneur. I can use this on my Entrep subject in school. Cheers!

  84. Thank you Neil for the resources. I would also recommend Nathan Lustig’s comprehensive list, Entrepreneur 101.

    http://www.nathanlustig.com/entrepreneur-101/

  85. The steps of being the first time entrepreneurs doesn’t seem easy. Many things have to be researched. Thank you for the resource lists. At least, it let us know that what issue we have to consider. Great stuff!!

  86. This is a great reference book.

  87. wonderful list, thanks , the ones i will use the most right now is web design, we(me) tend to underestimare its importance

  88. I will look into v finance for my company. Probably will have to make it a LLC. But I remember reading your article about venture capitol lists not really investing into LLC’s..

    So many decisions you have to make it is crazy man!

  89. I’m glad there are resources like this available. I’ve seen good friends ruined because they jumped in with a very romantic, idealistic idea of what it would be to run their own business. No formal business training, no idea of the mechanics of how a business works and it’s so dangerous.

    Personally, I think you need to work for someone else before you’re prepared to work for yourself.

  90. Great Resource, I’ll be back with a coffee and an hour spare to go through in detail.

    A motivation speaker said to me once, You either pay now, or you pay later. Either way your going to pay.

    It often less expensive to pay now, so keep that in mind when your thinking of skipping an important step just because of the cost.

  91. Money can`t buy Happiness? Whoever said that doesn`t know where to buy.
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    No matter it is the classic Birkin bag, or the Kelly and Lindy bag,
    or the latest new designs, you can find them here. Just selecting one,
    you will be the next Victoria in the street. – Comes from Shuna Sun

  92. I think there is another way to look at this…

    The first time thought I made ….this many mistakes.
    Then the next time the list gets smaller…
    Then a little smaller…
    Then smaller…

    And someone say one day, hey you an over night success..
    Yeh right..

  93. How To Increase Sales :

    Sometimes I could use a wise word from a (Kung Fu) Grand Master. Someone who has traveled the road before, that could provide a wise word when needed.

    It sure feels lonely sometimes that you have no one to turn to and talk about the project I am working on.

    Then again, they would probably rap it in a riddle, that would not make any sense.

  94. Great resource Neil, one thing that we are quite keen on is usability, Im suprised there was not a guide in there under web design or internet marketing lists

    We have saved lots of money and development time by getting our users to tell us what they want to see and what doesnt work, really cheap to do and the benifits are amazing

  95. Great list Neil,

    I could say, looking back, that as a beginner in business this list would have saved me thousands of dollars.

    The energy was high, I was bullet proof and I would not have follow the list anyway.

    A few years on and I wish I found your site and was in the right mindset to put it into place, its never to late to learn.

    Thanks for sharing, the world needs more people like you to show the others the way, you have the open heart of a true Entrepreneur.

    Thanks Neil :)

  96. Great resource! I work at a CPA firm and we meet with so many new businesses that want to nickel and dime their accounting. Unfortunately we see so many fail because of this, thanks for educating.

  97. Hey Neil,
    That list is amazing. I would wonder how long it would take for somebody to even refer to 25% of the resources that you have mentioned here.
    Nevertheless, a useful resource for anyone dreaming to be an internet entrepreneur.

  98. Just work hard, be persistent, read from the best books and apply what you learn!

  99. Holy bananas, this is quite a list. Better get some time set aside to work though it and achieve my goals of becoming the next Richard Branson! Thanks for taking the time to put this great resource together for us common folk!

  100. Hi Neil thank you very much for your list! especially this one 9 Steps Before You Hire – 9 good tips for first time business owners. thank you

  101. Hi Neil,

    Wow, what a far-reaching, thorough list you’ve got here. I specially liked your “Internet Marketing” and “General Business Advice” paragraphs. As a web project manager I can see myself using your advices.

    Best regards,
    Levente Szfarli

  102. Love the lists, they’re really important for internet entrepreneurs especially for those who just starting out.. Thanks for sharing these great resources Neil.

  103. What an excellent post, this will definitly be something I will be referring to as and when I need it. Thanks for sharing

  104. Hi Neil,

    I would like to recommend a site that is specifically designed for living trusts and wills and everything is prepared by actual lawyers and not just paralegals. I hope you find this source interesting, even though this may not have anything to do with business formation, but can certainly help business people with their estate planning needs.

    Thanks,
    Gary

  105. Great list and will bookmark it. Thanks for putting it together.

    Cheers,
    Mike

  106. Hi Neil

    What a massive resource.

    My tips for financial freedom:

    1. Live on less than you earn
    2. Save for a rainy day
    3. Distinguish between needs and wants
    4. Donate 10 percent to charity
    5. Formulate a reasonable budget

  107. Neil,

    I bookmarked this page as I have recently started to immerse myself in entrepreneurship. Great resources and good to know about learning about legal and accounting issues BEFORE you start a business.

    A site I would recommend for raising Venture Capital is venturecapital.org. The site provides resources for startups and entrepreneurs raising money through private equity, vc’s and angel investors.

    What makes it unique is they offer a mentoring program designed to guide entrepreneurs to present their business plan effectively, and even allows them to do so in front of a panel of seasoned investors who critique their plan.

  108. Hi Neil

    I’m slowly studying an fine-tooth combing your website and taking everything in a bit at a time. There is so much to learn but very worth while. There is always something that will stick out as I browse through your post. If its going to allow me to fly like an eagle, then I’m here to learn.
    I went over to visit John Chow.com to grab some of his chow. He has a lot of good stuff. Another amazing entrepreneur. Its always a great priviledge to learn from “The” Gurus.
    How do you manage to answer so many comments. Do you have people working for you or do you answer all these comments all by yourself? Anyway who cares Neil. This is your business and you can do anything you like.

    I was just browsing through the above post. I will comment a bit at a time and come back to make more comments when I learn something that attracts my attention.

    I have noticed that Americans tend to sue people left, right and centre. Something I’m still trying to figure out. Either someone is hungry for cash or he has a real hard heart and just wants to pay someone back for wrong doing. Then again as I think seriously about what greedy people can do, it seems like you have to have your guard up at all times.

    I just hope your guard is up Neil at all times. There are wolves out there in this world. They come in sheeps clothing and they will take everything from you if they get the chance.

    I’m going to start delving myself in this SEO stuff beginners guide. I see this word all over the Internet. Its going to add another resource in my quiver of knowledge. I’m mindful of a thought I came across many years ago. Which goes something like this: ‘What ‘er Thou Art, Act Well Thy Part’. I suppose this can apply to everything associated with Internet Marketing and anything you do honestly in the Business Market Place.

    What ever you do Neil in th business world, always be honest with your fellowman. People will trust your character. I’ve learnt this many times. Its not worth an ounce to be dishonest no matter how little something this. Many times when I purchase something from a store and I get too much change back. I tell the shop keeper you’ve charged me too much.

    Anyway Neil, those are my thoughts. It wouldn’t surprise me that you already have these character traits.

    Well I will sign off for now and come back later to this post. My wife is telling me to cook dinner for my sons.

    Have a great day

    Richard

  109. Hi Neil

    Just a correction in the last sentence of the third to last paragraph(I tell the shop keeper you’ve charged me too much).

    I was meaning to say:’ You’ve given me too much change’.

    Thanks again Neil

    Richard

  110. awesome list of resources neil!
    thank you for sharing it with us.
    i will be going through these in days to come.

  111. thanks for this resources, very useful!

  112. Never forget to use a good time tracking tool. It will help you focus on where you are productive and where you’re not. I personally use OroTimesheet for this task, it’s easy and effective.

  113. In total, it took me approximately Fifty moments to locate this particular fantastic post. Thanks a ton.

  114. Thanks for providing all those links. The internet marketing ones will be the most useful for me.

  115. Though i was too late, am really happy to come across this wonderful resource! Thanks a ton!!@bose

  116. A heap of good stuff (again!!!) although a lot of it doesn´t relate to the UK where I am. Thanks for taking the time and sharing this.

  117. On Startups Q&A site (part of Stack Exchange) has kinda become my go-to place for startup/entrepreneur stuff now:

    http://answers.onstartups.com/questions

  118. What a list of valuable resources, Neil. I found the Internet Marketing section particularly helpful for my own needs. If anyone who wants to start a business browse through these, a whole bunch of first-time mistakes can be avoided.

  119. 5-6 hours?!!

    Ow,Your patience saved our time :)

    Downloaded this post as pdf. This will help me a lot in my future project. Thanks Neil

    (BTW i am surprised that you don’t use comment moderation!)

  120. Really good source of links for who is starting. Thank you!

  121. Neil, I’m new to your blog and am so glad I found it. All the information provided in this blog is so valuable to someone like me who is just starting in business. Keep up the good work!
    Tom

  122. http://www.smallscalebusiness.com has helped me come up with business ideas for my next business venture.

  123. This is really a good an informative article. Keep cost low, and keep a high profit margin, has always been the two most important things for my business. And forget everything about the famous “4 hours workweek” the first 5 years. I you wanna be competitive, you need to work effectively and dedicated at least 50 hours a week in my opinion.

  124. Great collection of useful resources that I have saved and bookmarked and shared around the office. We can never get too many resources like this for reference. Thanks a ton Neil.

  125. Very resourceful. This is complete guide for anyone starting a new business.

  126. Hi thanks for this article it was very resourceful. I’d liked to ask you a question though. Im a college student who is trying to start my own online store and I’ve ran into a problem raising funds. I dont need a couple hundred thousand to start my company so VCs or angel investors would be kind of useless. Are there any advice or suggestions you could give on how to raise a couple thousand dollars in capitol as a college student to help with the start up of a company?

  127. Charles Oscar Akena :

    Hi Neil,

    I have a private registered company in Uganda.I have confirmation from an international company to be its distributor / Agent in Uganda and later in Africa.The have requested for a “comprehensive Business Proposal” to assist me accomplish this venture accordingly.
    Mine is a humble start.

    Kindly network me with a reputable firm that is understanding to my financial challenges and we work out this “comprehensive Business Proposal” ready for presentation to they investor in time.

  128. You’ve created an excellent resource here, lots of useful information. Thanks.

  129. I must say you have here an amazing set of entrepreneur start-up guide. I will be using all of these for years and years to come.

  130. Do check Replicon’s time tracking solution. Its indeed easy to use cloud based application.

  131. Great post Neal! What an extensive list of resources. Being in the business of setting up Corporations and LLC’s, I have to comment that Legal Zoom is indeed a cost effective way to incorporate but you must be careful when setting up your corporation or LLC when using a website like that. We’ve written a few articles about that on our website.

  132. What a wonderful thing you have done by putting this list together. I really like the legal resources, these I am looking at. Thank you for your contribution Neil.

  133. Love these lists! 2 years in and there’s still so so much to learn! Like others have already commented, I think the Legal and Accounting stuff will be the biggest help.

    What about startup competitions? Every participant benefits from the experience, even the losers (we’re profiling a few startups now that benefited even though they “lost”). Therefore I’d recommend adding this list of competitions to your list: http://grasshopper.com/blog/blog/startup-competition-guide/

  134. Hiring tight type of Employees and recruiting right team leaders is really crucial step to advance your company to the next level.

    I really like the Outsource Force – the info product by John Reese…highly recommended!

  135. Hey
    Another one of the Neil Patel’s Blog…
    Its a great post…
    I specially liked the part about frugal lifestyle…

    Every entrepreneur and Business goes through a lean period…So to survive a shiny car can be a motivation but not mission….I am writing a post on my blog about it….www.eegro.com

  136. Yes I am tottaly agree with you that an internet entrepreneur has to some great resources to make everything better. In my opinion, we have to make a decision why we become an entrepreneur. After that we make decision about goal in long term.

  137. what wonderful list. This source is really help me to make better in internet service. thanks

  138. You really have to know when you have to do it your own or just outsource it to another more experience company in that particular field. It saves you a lot of headaches in the future.

  139. I have used those checklists for several states already. But as those would be more customized solutions, it wouldn’t really have counted as another link.

  140. Very well written article.There are very few people online as well as offline who share all these informations only.Last people who shares informations was founder freshdesk on his blog.

  141. It is a well documented fact that around 80% of businesses fail in their first five years of existence and of the eighty or so percent of those that do survive, around 80% of them will fail in the next five years which means that something like 19 out of 20 businesses started, fall flat on their face before they ever see their 10th birthday and you can bet your butt that of the 1 business of every 20 that does survive, 80-95% of them are barely getting by.

    With someone like you who has businesses succeeding in the face of statistics like this, it seems to me that it’d be a good idea for everyone here, including me to sit your down, drop everything else you’re doing and pay very close attention to what you’ve learned about having the right mindset when it comes to building a business.

    And the resources you’ve directed people to here seem to give an outstanding baseline understanding for the the 7 core components you need to build a profitable business . . .

    1. The Proper Mindset
    2. The Proper Niche
    3. The Proper Product
    4. The Proper Marketing
    5. The Proper Focus
    6. The Proper Actions
    7. The Proper People

    These are the ingredients that make a business strong enough to defend itself from the odds that are stacked against it and I’m thankful to you Neil for directing me to some resources here that will help me strengthen these 7 pillars of my business. :)

  142. Hello, i think that i saw you visited my website
    thus i came to “return the favor”.I am trying to find things to improve my website!

    I suppose its ok to use some of your ideas!!

  143. If you are going for best contents like me, only visit this web page every day as it offers feature contents, thanks

  144. HTTP://venaproreviewv.Blogspot.Com/ :

    Fine way of explaining, and good piece of writing to get information on the topic
    of my presentation focus, which i am going to present in university.

  145. Neil,

    As always this is a great blog post, with a ton of great resources, many of which I have used or read myself.

    One tool you might keep in mind for future reference is ProjectionHub (I am the Co-Founder). We have created a web application that helps entrepreneurs create financial projections without the need to have a PhD in spreadsheet modeling. Kind of like a TurboTax for financial projections.

  146. Great resources here, liked how you separated areas into different sections as they all are vital for businesses.

    You mentioned letting you know of any useful websites in comments, here’s one; iHubbub Home Business Network.

    The website helps those who are home based entrepreneurs looking to get advice, find clients and network within the home business community. Useful resources on starting a business, setting up websites, online marketing tips & training, business tools and a network to pitch business ideas.

    Might be useful for your readers!

  147. Hi Neil,

    Solid list you got here, very impressive!

    You mentioned to leave a comment if we had other sites worth mentioning, and I have one I think will absolutely benefit your readers. Foundersuite is a SaaS with five productivity tools for startups, including 80+ startup docs and templates for nuts-and-bolts like building a cap table, splitting equity, naming the company, etc.

    The tools we offer are Idea Validation, Investor CRM, Progress Tracker, Media CRM and Company Tracker.

    Another valuable feature is that you can invite your co-founders, team members or advisors to work on the account with you.

    Hope you will consider adding it to your list.

    Best, Hilde

  148. really nice article, i have also written article successful entrepreneur qualities.

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