You see them everywhere. In coffee shops, hair salons, dentists offices, waiting areas, etc., and you can’t steal them because they’re free!

I always wondered how magazine publishers could leave stacks of their magazines everywhere I went. Now I know. But I’m still curious about how to get them going and what type of money free magazines can make.

I was recently contacted by a couple of 14-year-old magazine publishers from the UK and they helped answer these questions.

Sean Spooner and Louis Porter started Corby Magazine in June 2010 and they’re preparing to release their third issue. In this email interview, Sean walks us through how they got started and how they’ve already turned a profit in four months with their free magazine.

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I used to be gung-ho for business plans. They help you figure out if your idea is viable. You can’t get funding without one. It gives you an easy-to-follow roadmap to success.

Since figuring out how entrepreneurship really works, I’ve realized these are all lies.

I put in my five months. I did my due diligence. I wrote my 35-page business plan with five years of pro forma financial statements. And I’m here today to make sure you don’t make the same mistake.

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My dad and I always used to build stuff when I was growing up. We built derby cars, closet shelves, and wooden fences. We even finished our basement.

One of the first things he ever taught me was that there’s a right tool for every job. The same is true for building your online business.

Fortunately, entrepreneurs have built tons of tools to help entrepreneurs like you and me. Here are ten entrepreneurial tools I use on a daily basis in the order I use them.

[Click here to dig up the tools...]

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A good quote is more than just a quote. A good quote can change the way you see the world. A really good quote can change your life.

When Nick Tart and I did our final read-through of What it Takes to Make More Money than Your Parents (our book of interviews with young entrepreneurs), we couldn’t help but write down some of those really good quotes.

I can honestly tell you that a few of them have changed the way I live and – for that reason – decided to share 40 quotes from our personal lists.

[Click here to read the quotes...]

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While you’re probably starting a business to make money, you also want to take care of the people you’re doing business with. That’s where surety bonds come in.

Getting a surety bond for your new business helps make sure that you’re following all of the rules for your type of job. Surety bonds help protect your customers, too, since they work like insurance—although they offer a different type of protection.

Today, Kevin Kaiser from SuretyBonds.com will tell you what they are and why you should have a surety bond to protect your business.

[Keep reading...]

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