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Neil Parsont Launches Blog

Thursday, October 20, 2022 8:00 AM

The prolific entrepreneur debuts a new online journal from which he will communicate his insights and opinions to the public.

BOCA RATON, FL / ACCESSWIRE / October 20, 2022 / Neil Parsont, prolific entrepreneur and CEO of the firms Cram Tutoring, 6-Pack Macros, 6-Pack Crypto, and Zero Cheating is proud to announce his new blog is live on the internet, including its two inaugural entries. The current and future subjects addressed by Neil's web-based journal primarily concern matters relating to entrepreneurship and the many challenges faced by those who operate small businesses-topics with which he has considerable first-hand experience.

In his latest blog entry, titled Neil Parsont Shares the First People Your Startup Should Hire, the prolific entrepreneur gives a comprehensive rundown of which roles new business owners should fill in what order, as well as the reasons why. In one notable section, he delves into great detail about the position of financial analyst, which he lists as third in order of importance, writing, "All businesses need someone to keep an eye on their finances, but this is especially true for startups, which often have limited resources and tight budgets. A financial analyst can help you track your income and expenses, develop financial projections, and identify areas where you can save money. They'll also be tasked with raising capital when necessary and overseeing the use of company funds."

In the preceding blog entry, titled 6 Hurdles Starting Entrepreneurs Need to Overcome from Neil Parsont, Neil explores the half dozen major obstacles traditionally encountered by those trying to build a business from scratch. In a paragraph dealing with the perennial problem of access to startup capital, he lays out the traditional avenues for raising funds. "One option for raising capital is to take a loan from a bank or other financial institution. This can be a good option if you have collateral to put up as security. Another option is to sell equity in your company to investors. Banks are often limited in terms of granting loans due to risk tolerance. Investors purchasing equity are often willing to tolerate significantly more risk, but naturally want a higher return as compensation. Although more costly, equity is less risky for a business owner than a loan because if the business fails you don't need to pay it back," he states, before adding, "Also, equity can easily be more money than a loan because banks will have some caps on how much they loan you based on ratios or math but investors will invest any amount depending on the situation or demand."

DiamondLinks, Thursday, October 20, 2022, Press release picture

Anyone interested in reading the full text of these blog entries will find them located here.

About Neil Parsont:

Neil Parsont is the Owner and Founder of Cram Tutoring and Zero Cheating, both companies that deal with academics, as well as the CEO of 6-Pack Macros, a health and fitness company. Neil grew up in New Jersey until he was 12 years old, before his family relocated to Boca Raton, Florida. He excelled in high school, and then proceeded to attend Florida Atlantic University (FAU), where he completed his undergraduate degree in 2008. He later obtained his MBA in 2016.

Neil Parsont is a prolific entrepreneur, having created Zero Cheating, an online exam proctoring company with patent-pending hardware and software solutions preventing all forms of cheating. One of his earlier ventures, Cram Tutoring, is a successful tutoring business that offers tutoring for a variety of courses offered by post-secondary institutions. Neil is also the CEO of 6-Pack Macros, a company that creates custom fitness plans, including workout and nutrition strategies, with the goal of creating accountability for their clients. That company recently launched a mobile app. Neil Parsont is also involved with 6-Pack Crypto, a cryptocurrency incubator hedge fund based on fundamental analysis for investment.

Outside of work, Neil enjoys playing chess, working out, bowling, and playing pool. He also frequently attends comedy clubs with friends.

Media Contact:

Email: [email protected]

SOURCE: Zero Cheating

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