The entrepreneur's prayer After eighteen months of running my own business, I've learned that the challenges you face while doing so aren't business problems.
Introducing Snapmarket 🎉 On Tuesday, I launched my new company called Snapmarket, a hyper-efficient marketing subscription to support and scale your business. Pause or cancel anytime. No contracts, no meetings, no hassle. Just great work. We already have one client and solid conversations lined up today and next week. I’m excited about
What to do in an up-and-down economy Last week, one investor wrote on LinkedIn that Fed chair Jerome Powell could be hailed as the “most successful and important central bank governor this country has ever had.” High praise. Why? If the U.S. economy can attain what pundits are calling a “soft landing,” which is when inflation
Is everyone indebted to China? “Japan, Japan, Japan,” JPMorgan CEO Jamie Dimon once said in an interview. When he was coming up through Harvard Business School in the early 1980s, it seemed to be what everyone was talking about. Now, it seems, everyone is talking about China. Why? The last few decades have witnessed an
Why efficiency is everything At the top of an income statement sits revenue. That income filters through expenses to leave net income, or profit, on the other side. What happens in between is where efficiency plays a crucial role. If a firm can create more net income by lowering its cost of goods sold,
To raise the (debt) roof Lawmakers in the United States are debating options for the country’s national debt, or more specifically, the debt ceiling. It goes like this. Imagine you’re in high school and you’re already committed to going to the spring dance. Unfortunately, it costs $50 to go, the money helping
One Person’s Spending Is Another’s Income Last week, the Department of Labor released its latest data on unemployment insurance claims. The weekly claims increased by 7,000, which is good news for the Fed: It means their policies are working. However, at around 198,000, jobless claims are still near below the pre-pandemic 2019 average of
AI and the four-day work week Commentary on AI and the four-day work week often underestimates the point made in the famous poem by William Carlos Williams called “The Red Wheelbarrow.” so much depends upon a red wheel barrow glazed with rain water beside the white chickens In the latest example I read from an analyst
Silicon Valley Bank: Is it our crisis or isn’t it? During a press conference Wednesday, Fed leaders agreed to raise interest rates again. This has been happening for months now, so that’s not news. But what is news is that they implied they may soon stop raising rates. Why? Because high interest rates are destabilizing the financial system and