A college diploma is not a prerequisite for obtaining an absurd amount of wealth. Out of the 400 richest people in the U.S., 63 entrepreneurs don’t have one–more than 15% of the list.

Dal LaMagna, in his humorous recent book “Raising Eyebrows: A Failed Entrepreneur Finally Gets It Right,” leads with the foundational principle of micro-businesses, which is to start small. This allowed him to learn enough from all his early mistakes to hit it big with a global beauty tools company called Tweezerman.

If you have an existing business and are struggling for new customers or your market is declining then you may need to start thinking differently to increase your profits over the longer term.

A business plan is not just a document. It is a holistic analysis of your company, the environment it operates in, and a route map to achieving success based on the resources available.

What is great about Facebook for businesses may not be great for Facebook, the business.