Entrepreneurship

Everyone wants to "make an impact". Piertree Provides is my vehicle to make the biggest impact that I can. When I started Piertree back in the summer of 2020, I knew that I was building something bigger than just a financial planning firm.

Waiting to outsource may not seem like a big deal.. until you realize how much time and effort can go into getting someone up to speed. If you wait too long, you may be so bogged down with work that you don't have time to evaluate candidates, teach them your processes, and then hand off tasks. But if you outsource too early (or for the wrong things), you may burn through excess cash that could've been better used elsewhere.

Depending on who you ask, we're either approaching a recession or we may already be in one. Either way, it's a good time to revisit some financial foundations and talk about how to weather an economic storm. We haven't seen a real recession since the creator economy took off, minus the minor blip in March 2020, so it's going to be interesting to see how a tighter economy effects us as a whole.

If used correctly, debt can be a viable way to fund a business. SBA loans are issued to small businesses in America and while they can be used for many different things, a common purpose is funding a startup.