The Catalyst Mastermind Collaborative started the Catalyst Incubator initiative to support Las Vegas entrepreneurs launching their first business. Catalyst leaders share knowledge through the program to help early enterprises to evolve from side hustles to real hustles.
Are you facing personal and business issues that no one around you seems to understand? Join other business leaders in a mastermind group where you’ll meet peers and form a trusted group of confidants. If you operate around Clark County, Nevada, here’s why you should join a Las Vegas Mastermind group.
Las Vegas entrepreneurship comes with unique challenges not faced in many other areas of the country.
Thinking big in business is often associated with aiming high and taking risks. But there’s more to it than haphazardly taking chances
In business, thinking bigger can be like choosing a jet-pack over a bicycle. Yes, the bike will eventually get you where you’re going, but you limit the speed and distance you cover. With a jet-pack, the sky is literally the limit!
The health of your business relies on accurate cash flow forecasting. Without this process, making informed choices about what direction to take your business becomes challenging. Furthermore, surviving a major crisis will be next to impossible regardless of whether you are only starting or have been in business for a while.
Surviving today’s business landscape requires getting creative. And passive income is one way to achieve this objective. Passive income increases your cash flow and, even better, does not require your day-to-day involvement. You get to sleep easy knowing that money is streaming into your business.
Every small business strives to maintain a positive cash flow to cater to business needs and have enough to commit to a new project. Unfortunately, many founders struggle to achieve positive cash flow. A study on small businesses found that 82% fail due to poor cash flow management.