logo
#

Latest news with #plan

Your Daily Career Tarot Card Reading for August 13th, 2025
Your Daily Career Tarot Card Reading for August 13th, 2025

UAE Moments

time12-08-2025

  • Entertainment
  • UAE Moments

Your Daily Career Tarot Card Reading for August 13th, 2025

13.8.25 The Emperor: While it's great to stick with a plan, there are times when it helps to be flexible. Drawing this card might be a hint that you're getting too rigid and need to loosen up a bit. Allowing room for spontaneity or intuitive awareness might bring superior results. Try to strike a balance between maintaining a disciplined approach and being open to inspiration and you'll do just fine.

This NY 25-year-old ditched school, sold his shoe collection and opened his own business. How you can follow his lead
This NY 25-year-old ditched school, sold his shoe collection and opened his own business. How you can follow his lead

Yahoo

time11-08-2025

  • Business
  • Yahoo

This NY 25-year-old ditched school, sold his shoe collection and opened his own business. How you can follow his lead

Most parents would be disappointed if their children dropped out of college. But when 25-year-old Brandon Hollingsworth left post-secondary education after his sophomore year, his parents weren't upset — they were impressed. That's because Brandon had a plan. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now "He had a documented business plan, he knew exactly the steps he needed to take and he was prepared. I could not be upset with that," his mother, Nicole Hollingsworth, told ABC7 EyeWitness News. On December 31st, Brandon opened Don's Laundry on Hollis Avenue in Queens Village, following in the footsteps of his parents, who own two laundromats of their own. He even sold his sneaker collection to pay for the lawyer who helped him finalize the deal. Brandon, who goes by Don, shares his journey on social media, hoping to inspire others who look like him to chase their dreams. 'I feel like I am setting a standard for my siblings, especially, and other people that look like me,' he said. How this young entrepreneur made it happen As the oldest of five siblings, he grew up watching his parents run their laundromats, learning the ins and outs of the trade from handling customers to managing finances. "All the mistakes that were made, I was watching firsthand,' Brandon said. 'So I know not to make the same mistakes.' While that early exposure gave him an edge, it wasn't enough on its own. Brandon developed a business plan and made personal sacrifices to cover start-up costs. By the time he was ready to launch, he had a clear vision and the tools to execute it. Brandon has big plans to expand and serve his customers with care. 'Catering to my customers, making sure they feel welcome and accepted and they leave always with a smile,' he said. At 25, Brandon is part of a relatively small group of young entrepreneurs. According to Forbes, the average small business owner starts their venture at age 35. More than half (51%) launch their first business at age 55 or older. But Brandon isn't alone. In total, there are over 33 million small business owners in the United States. Small businesses — defined as those with 500 or fewer employees by the Small Business Administration — make up 99.9% of all companies in the US. Most small business owners make $70,781 annually, but earnings can range from $31,000 to $150,000, according to Forbes. Brandon's story stands out not just because of his age, but because of his preparation. And it's a good reminder that starting a business isn't just for those with decades of work experience. With the right groundwork, young entrepreneurs can thrive, too. Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. How to prepare if you want to start your own business Brandon had a head start thanks to his parents' experience, but you don't need a family legacy to make your dream of business ownership come true. Here are a few steps to take if you're thinking about launching your own small business: 1. Research and write a business plan Don't expect to come up with an idea and open the doors a week later. Take time to research your market and other similar businesses (including hands-on, in-person research). Understand what customers want and write a detailed business plan. A solid business plan should include a summary of your business idea, competitive market analysis, startup and operation costs, revenue projections and a marketing and customer service strategy. 2. Figure out funding Most businesses are bootstrapped, like Brandon's. Depending on your financial situation, that might mean saving for a few years to accumulate the necessary funds. Consider other options as well, such as small business loans, crowdfunding platforms, grants for minorities, women, or veteran-owned businesses, or seeking support from friends and family. If you borrow money, make sure you have a clear repayment strategy — and a backup plan in case things don't go as expected. 3. Don't skip the legal side A big part of being successful is setting yourself up for success and that means making sure you're doing everything correctly. Ensure you're registered with your state, have the correct business structure (e.g., LLC, sole proprietorship) and hold the necessary licenses or permits. You'll also want to open up a business bank account and get a tax ID. Consider consulting a lawyer who can ensure your bases are covered, as Brandon did. 4. Plan your budget Startups don't have to cost six figures, but you will need a clear idea of your operational costs and how you'll pay them. Plan to save three to six months' worth of expenses while you get your business off the ground. Account for rent, inventory, equipment, marketing and insurance. 5. Expect to work hard According to Forbes, 58% of small business owners work at least 50 hours a week and most don't take regular vacations. Expect to work long, hard hours — especially in the early years. In the beginning, it's smart to keep your operation lean and costs low, even if that means doing most of the work yourself. The payoff is that you're building your dreams, working for yourself and doing work you believe in and that your community needs. 6. Build a community As Brandon's journey shows, customer relationships matter. Ensure your business fills a genuine need and consistently treats customers with care and respect. In addition to building in-person relationships with your customers, consider using social media to connect with your community, potential customers and other business owners. Starting a business in your 20s isn't easy, but it's possible. With a plan, a bit of grit and a lot of hustle, Brandon Hollingsworth turned a dream into a thriving laundromat. And with the right strategy, you can start your journey too. What to read next Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it Here are 5 simple ways to grow rich with real estate if you don't want to play landlord. And you can even start with as little as $10 Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

Thousands are switching to this unlimited-everything wireless plan that includes a FREE 5G device and locks in your rate for half a decade
Thousands are switching to this unlimited-everything wireless plan that includes a FREE 5G device and locks in your rate for half a decade

Daily Mail​

time10-08-2025

  • Business
  • Daily Mail​

Thousands are switching to this unlimited-everything wireless plan that includes a FREE 5G device and locks in your rate for half a decade

Daily Mail journalists select and curate the products that feature on our site. If you make a purchase via links on this page we will earn commission - learn more Choosing a wireless plan can be confusing. It's not always as easy as taking a quick glance and selecting the lowest price. There are all kinds of complexities to consider, and it can make the wireless experience unnecessarily challenging. Metro by T-Mobile just dropped some affordable options, and the timing couldn't be better for people who are tired of mysterious price hikes or who are simply ready to ditch their current provider for better service (who doesn't want that?). Metro by T-Mobile Metro by T-Mobile has revolutionized wireless with two game-changing plans that lock in your rate for five full years. Their $40 Unlimited Plan includes everything you need plus a free 5G phone, while the $25 BYOD Plan lets you keep your current device for just twenty-five dollars monthly. Both plans run on the T-Mobile network, include all taxes and fees, and require no activation charges, credit checks, or even ID to sign up. From $25/mo. Shop Metro by T-Mobile has two offerings, and both center your needs with special attention paid to eliminating unwelcome surprise fees, locking in rates, and delivering top-tier performance. Their flagship option delivers unlimited everything, including talk, text, and speedy connectivity for a flat rate that stays locked in for a full five years — for $40. Period. There are no gradual increases or promotional rates that expire after a few months. Basically, there is no fine print. This approach also includes a complimentary 5G device right out of the gate, eliminating that upfront investment that only adds to the financial burden of switching carriers. It's truly $40, period, without the hidden costs or surprising additions that might catch you off guard. You don't even need to worry about activation fees, and no one needs to see your ID either. It's really as easy as snagging a sweet deal for five years with a free 5G phone thrown in. Prefer to keep your existing phone? Metro by T-Mobile has an option for you too in its $25 BYOD (Bring Your Own Device) plan. It's just $25 monthly and includes the same five-year rate protection. Even the setup process is streamlined so you can avoid the usual hassles, like visiting the store or filling out paperwork. Everything is handled entirely online to save you time. T-Mobile's network infrastructure is impressive, ranking high for its national coverage and reliability. This is the same technology that powers premium services — minus the premium price tag to match. Sheer transparency is the reason this deal is such a standout. Without the typical surcharges and requirements to muddy the signup process, you can jump straight into a straightforward wireless service that is just right for your needs. It's truly a what-you-see-is-what-you-get deal. The monthly rate that you see is exactly what you pay, with taxes and fees built into the price. There are no contracts or credit checks, either. The entire process is built around establishing a quick connection. Both options also include valuable extras, like spam call protection and exclusive weekly perks on T-Mobile Tuesdays. If you're ready to switch to a plan that leaves your current carrier in the dust, it's time to check out Metro by T-Mobile. With two convenient choices, there's one that's just perfect for your needs. *Terms apply. Speeds may slow after 35GB. 5-year price guarantee applies to monthly plan price for talk, text and data on eligible plans. $40 plan plus sales tax. $25 plan requires AutoPay, first month $30. See for details.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store