How Black Should Your Box Be?

“Why don’t they make the whole plane out of that black box stuff?” –Stephen Wright The last company I co-founded was based on open source software. For those of you who are not familiar with software, open source means that anyone can see the actual code that was written to make a given program. If […]

Bootstrapping Your Startup off a Credit Card is a BAD Idea

“Many have changed so much that they have lost the magic of the dream that carried them on their own bootstraps.” –Peter Abrahams 31% of entrepreneurs should never have started their companies. Impatience, misinformation, and delusion overcame these founders and convinced them to run full steam ahead with a bad idea. What was this bad […]

Get Rich (Somewhat) Quick

“Stop going for the easy buck and start producing something with your life. Create, instead of living off the buying and selling of others.” –Martin Sheen, Wall Street I was going to be a millionaire. That’s what I told myself. I had just read Electronic Day Traders’ Secrets by Friedfertig and West. I had opened […]

Do Startup Owners Ever Truly Take a Break?

“A vacation is what you take when you can no longer take what you’ve been taking.” –Earl Wilson It doesn’t take much reading on this blog or talking to me to discover that I am a big fan of Tim Ferriss’s book The Four Hour Workweek. I remember browsing through the Barnes and Noble (before […]

An Alternative to Stocks for Your 5% At Risk Capital

“Do not wait to strike till the iron is hot; but make it hot by striking.” –William B. Sprague “You don’t want another Enron? Here’s your law: If a company, can’t explain, in ONE SENTENCE….what it does….it’s illegal.” –Lewis Black Previously, I’ve discussed how if you truly have the itch to trade in stocks, then […]

Don’t Get Sales “Buck Scent”

“Desperation is like stealing from the Mafia: you stand a good chance of attracting the wrong attention.” –Douglas Horton If you run a business, nearly invariably, there will come a time when your sales dip or don’t reach the numbers that you expect them to, and a gnawing, nagging feeling will start to creep into […]