Investing can often be broken down into a few simple rules that investors can follow to be successful. But success can be as much about what to do as it is what not to do. On top of that, our emotions throw a wrench into the whole process. While everyone knows you need to “buy low and sell high,” our temperament often leads us to selling low and buying high.
As a business owner, your focus is likely centered on making money. But as important as it is to produce revenue, there are expenses involved in running your business as well. A cost center is an employee or a department within your company that performs those expense-bearing, necessary tasks.
Everyone has the possibility to grow. Abraham Maslow once said, “One can choose to go back toward safety or forward toward growth. Growth must be chosen again and again; fear must be overcome again and again.”
It’s essential to recognize that growth is not measured solely on sales. In fact, from a monetary measure, it’s more about overall profit rather than sales…
Finance is almost as good as the government at coming up with needlessly hard to understand words for relatively easy to understand concepts. As a subset of finance, venture capital (VC) is no stranger to this phenomenon.
We recently published an article defining terms like option pool and liquidity preference. And pre-money and post-money valuation are the black…
Many aspiring entrepreneurs think the key to growing a successful company is linked to the ability to secure investor funding. For some businesses this may be true, but many successful companies have been built from the ground up with no outside investment or support, aka bootstrapping. It takes great dedication, strong work ethic,...
Achieving success at anything in life has often been associated with the mindset of survival of the fittest. While that notion holds some merit, former LSU business professor Leon C. Megginson wrote in 1963, “It’s not the strongest nor most intelligent of the species that survive. It’s the ones who are most adaptable to change.” If there was ever a quote best…
No doubt, millions of Americans weren’t prepared to lose their jobs or have their work hours reduced by the economic shutdown brought on by the coronavirus pandemic. It is a life-altering event that invites us all to take a hard look at our savings habits.
The personal saving rate, the amount of income left over after people…