How to Split Profits When Partnering With Friends and Family
Using other people’s money, often referred to as “OPM,” can be a great way to scale. Whether it’s in the form of a loan or ownership …
Using other people’s money, often referred to as “OPM,” can be a great way to scale. Whether it’s in the form of a loan or ownership …
The best locations come expensive. And this is a big reason why location doesn’t guarantee business success — prime locations will come at higher rates that may …
The sunk cost fallacy is an economic concept with surprising applications in everyday life. From business and investing to sports and shopping, it’s a notion you’ll …
Important events happen all the time, but the truly life-changing moments are few and far between. As I laid my eyes on my son, I …
It all starts with the right mindset. Whether that strikes you as cliche or not, this is what I’ve found to be true — the larger …
Some people don’t have to make this choice. Entrepreneurship either comes naturally to them or is totally out of the question. But for others, including …
Some money tips get lost in translation. Others are just blatantly altered and ridden on by mischievous characters. And so we often end up with unconventional …
Online platforms have boomed since COVID. It’s never been easier to formalize a business through registration with the government. And with the changes in requirements …
Knowing when to close a business isn’t just about avoiding losses. There are valid financial reasons to continue operating despite not making a profit, but …
Three (3) to six (6) months of monthly expenses. What more could there be? Isn’t building an emergency fund as simple as this rule of thumb? …