I encountered some pretty interesting data recently. The lifetime earnings of the top one percent, top five percent and top ten percent. A surprise … [Read more...] about Lifetime Earnings Top One Percent Surprise
Strategy
Has Your Small Business Stopped Growing?
Has your small business stopped growing? I might know why. And more importantly, if it turns out the textbook answer I give is right, the answer … [Read more...] about Has Your Small Business Stopped Growing?
Pricing Small Business Services Profitably
A weird coincidence: Over the last week, I’ve run into two friends (not clients) who told me they aren't pricing small business services … [Read more...] about Pricing Small Business Services Profitably
Reading Steven Pinker: A Guide for Entrepreneurs
This blog covers practical, how-to subjects relevant to small business owners. We talk here about how to handle accounting problems, deal with … [Read more...] about Reading Steven Pinker: A Guide for Entrepreneurs
Small Business Monte Carlo Simulation
Somebody asked me about building a small business Monte Carlo simulation worksheet. They’d seen the earlier blog post we’d done about stock market … [Read more...] about Small Business Monte Carlo Simulation
The Technology Entrepreneurship Intersection
Last week, this blog discussed one of the important small business insights from Bhu Srinivasan’s excellent book, Americana: A 400-year History of … [Read more...] about The Technology Entrepreneurship Intersection
Henry Ford and the Problem of Customer-ization
Last month, while on vacation, I read Bhu Srinivasan’s excellent book, Americana: A 400-year History of American Capitalism. Srinivasan’s epic work … [Read more...] about Henry Ford and the Problem of Customer-ization
Small Business Postmortem: Funeral for a Friend
A few weeks ago, an old vendor we still buy a few items from called. And for an odd reason. They wanted help with a small business postmortem of their … [Read more...] about Small Business Postmortem: Funeral for a Friend
Small Business Power Law Dynamics: Secret to Jacking Profitability?
Peter Theil, in his provocative book Zero to One, talks about the power law dynamics you want to get “going” if you’re an entrepreneur working in … [Read more...] about Small Business Power Law Dynamics: Secret to Jacking Profitability?
Good Small Business Opportunities
Identifying good small business opportunities is tricky. You’ve got the folks (maybe your parents or spouse) who tell you you’re crazy to even … [Read more...] about Good Small Business Opportunities