It may sound crazy, but it might be time to “fire” some of your clients. Business owners should value quality over quantity when it comes to their client and customer lists. Good clients should make you excited to work for them. They should be pleasant to collaborate with. And they should always pay you what […]
Can We Eliminate Extreme Poverty?
About 10 percent of the world’s population lives in extreme poverty. But what may surprise you is that, until somewhat recently, poverty was near universal. Almost everyone in the world was extremely impoverished, except for a lucky few. So what happened? Starting around 1820, population and economic growth accelerated dramatically. This expansion happened all over […]
Why “Move Fast and Break Things” is Bad Advice
The hardest part of any project is getting started. This is especially true when it comes to launching a new business. Entrepreneurs often feel pressure to “move fast and break things,” as Mark Zuckerberg used to say. But as Facebook demonstrates, it can be enormously difficult to go back and fix things later. Businesses aren’t […]
Don’t Do All the Work
Entrepreneurs are famous for working too hard. They stay up late, work through holidays and weekends, neglect their families, and cancel plans with friends. In many circles, these terrible habits are regarded as part and parcel of getting a successful business off the ground. But what if things could be different? Instead of sacrificing your […]
Master the Art of Defensive Programming
Ethereum. Cryptocurrency. NFTs. These can be difficult concepts to explain and discuss, even for people in the know. Still, at the end of the day, blockchains — digital public ledgers — are just a form of software. That means brushing up on best programming practices will be essential to the success of anyone who’s exploring […]
The NFT Space is Evolving Fast
Earlier this week, someone stole millions of dollars’ worth of NFTs by hacking the Bored Ape Instagram account. The haul, which included four Bored Apes worth about $1 million as well as other assets, is just the latest event in a series of high-profile thefts that have been rocking the NFT market. A $1.7 million […]
What is Your Financial IQ?
It’s not savings, stocks, precious metals, or property that make you wealthy. It’s what you know about those things that matters. We’re talking about your financial intelligence. When it comes to making money, knowledge is king, and it can make or break or your business. Most businesses fail not because of a lack of capital, […]
How Instagram changed everything
When Instagram launched in 2010, users carefully sifted through their images to curate their Instagram accounts. By 2015, Instagram had such a hold on society that the app started shaping reality, with users curating their lives and businesses to produce better content. Coffee shops started developing an “Instagrammable” aesthetic. The app influenced how book covers […]
When to Use the Worst-Case Scenario
Statistically speaking, the odds are that most of us will live a long life. But for the purposes of choosing a life insurance policy, you should always assume that you’re going to die tomorrow. With that morbid assumption, plus your family’s expenses, it should be easy to calculate how long the insurance payout would last […]
How to Put Nosiness To Good Use
When it comes to kids, we have a tendency to downplay the things that are hard in life. It’s difficult to open up to them about sickness, death, or divorce. And perhaps nothing is harder than being honest about money problems. The trouble is, kids notice everything. Whatever you think you’re hiding from them, they probably […]