51 Business Essentials

51 Business Essentials is the truth guide for all business owners.

"Entrepreneurs are a special brand of heroes. While achievement is a universal goal regardless of business sector, entrepreneurs understand and accept that achievement isn't for the faint at heart. The path traveled requires stamina, courage, and passion. Alexis Coates has lifted the world of entrepreneurship with a foundation of knowledge on how to build and maintain stamina while growing a business; the necessity of demonstrating and exercising courage regardless of market condition; and why it is imperative to answer the call to action to pursue your passion. This book is a "must read", as well as the business ready-reference you've been waiting for." 1. Never pledge your personal property, and or assets in a business deal to a funder. The funder will not act in your favor, if the deal falls through. If a deal goes bad the funder will go after your personal property, assets and real estate to recover their investment. Avoided at all cost securing investments with your personal property. Investor will not act in your favor when the deal goes south. 2. Never commit yourself 100% to any plan; be sure to stay flexible. Avoided committing to any plan 100%, all deals required some flexibility when all does not go as plan. Your flexibility will allow you room to restructure your deal?

Alexis Coates is the father of three wonderful children and the founder of BlackBusinessReview.net. Born in Baltimore, Maryland, Alexis grew up in the inner city in a stable, close-knit environment with his parents and siblings. He is a serial entrepreneur, community leader and businessman who is committed to building legacy businesses for his family and community. After attending college and playing professional basketball internationally, Alexis knew he wanted to go into business for himself. His first company was in the telecommunications industry. With that company, he got his first big break in business by winning a city government IT contract. During the process of competing and ultimately winning government contracts, Alexis learned first-hand the necessity of building strong relationships and partnerships in business. These lessons served Alexis well as he went on to build innovative companies in the technology sector, where he raised multiple six-figure investments for educational technology and software development. Because of his creative approach to connecting teachers, students and parents, Alexis saw his first company's technology integrated into public school districts. His achievements in the Edtech sector are among the highlights of his entrepreneurial life. Alexis has been recognized as a leader in education and served a term as board chair of the National Academy Foundation High School in Baltimore, MD. He has also been honored in business by awards including Product of the Year for his educational software, Innovator of the Year by The Daily Record, Business Leader of the Year by BMORE Media among many others. As founder of BlackBusinessReview.net, Alexis is building the premier news portal for business and political news impacting Black people around the world. The BlackBusinessReview™ brand is also planning golfing and women in leadership events to help Black business leaders meet, connect and develop business opportunities. Alexis credits his success to living by the mantra - 'Never quit no matter how hard it gets, success is just around the corner.'