Some people aspire to blending into whatever situation they find themselves in and coming out ahead. I’m not much of a blender, I try to do my thing even if it means taking a beating. In business, the pressure to lower yourself to the level of your competition is relentless. In some cases, standing by your [...]
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Note: In my original posting, I missed that the hike only kicked in at the high income level, and thought the self employment tax was effectively raised from 15.3% to 17.1% starting in 2013. This is the retraction and rewrite. Lost in the fine print of the medical insurance bill just passed by Congress is a [...] I’ve been reading the Wall Street Journal for years, and it’s always struck me that one of us is using the term “small business” a little loosely. To the Wall Street Journal, and the political/business chattering classes, a small business is one with sales up to around a billion dollars. To me, a small business [...] I thought about doing a fun top ten list of the worst mistakes an entrepreneur can make on a job interview, but that would risk confusing the issue. The top (and only) mistake an entrepreneur can make at an interview is (drum roll) showing up. Any entrepreneur who is going around applying for jobs is a [...] Is it better to learn from your own mistakes or to rely on other people to steer you right? In practice, most people follow a middle path, but the idea behind asking such a pointed question is to draw a stark contrast between the likely outcomes. In the first scenario, making your own mistakes, you can be 100% [...] |
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