Warren Buffett is one of my heroes. A true bootstrapping entrepreneur. If you study the decisions he makes and pay attention to the way he lives his life, you’ll have a great model for starting up a new business. Here’s a good infographic that sums up Buffett’s general investing philosophies: what you should note is [...]
When you’re young and starting a business, paying taxes is probably the last thing on your mind, if it’s in your radar at all. Most will be more concerned about capital, marketing, and day-to-day operations, which are enough of a headache as it is. However, as your earnings increase to nontrivial levels, taxes do inevitably [...]
Recently, I read an article on CNN about students leaving the US, not to go off on a holiday, but to flee from their creditors. On average, students graduate with over $2,000 in credit card debt, but in extreme cases this could balloon to $160,000. That’s pretty mind-boggling. It’s sad to know that some people [...]
Companies go to great lengths to convince you that paying for long subscriptions will save you money in the long run, and they may be right, but only if you take advantage of their products and services every single day. However, chances are, you can’t or you don’t maximize them, and that basically means wasted [...]
So, you’re the big-shot (or medium-shot) college entrepreneur. Your friends notice your success and suddenly… they want to borrow money from you. What do you do? Let’s get this straight at the onset. First, the money you lend to anybody should always be disposable income; something you’d likely spend on something you don’t need. Second, [...]
