The Truth About Money
Deep inside the SLS Hotel in Las Vegas lies a cavernous restaurant called Bazaar. Helmed by the celebrity chef, Jose Andres, you can order the finest charcuterie, rib eye steaks 2.5 inches thick, and if you call a day in advance, a whole suckling pig delivered to your table (recommended for…
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The Man in the Hathaway Shirt
Have you seen The Most Interesting Man in the World? I’m referring to the TV commercials for Dos Equis beer. They star a rugged-looking, silver-haired man who is always surrounded by beautiful women. In one version of the commercial, he arm-wrestles a Third World general and releases a grizzly bear…
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How to Run a Profitable, Debt-Free Business
My daughter’s roadside flower business may be one of the smallest companies in the world. Wal-Mart is reportedly the largest. My daughter’s company generated $6 in sales in her first week of business. Wal-Mart generated about $256 billion in sales in 2004. My daughter’s company and Wal-Mart have three things…
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How to Spot and Develop Big Moneymaking Ideas
I want to talk about a major impediment to growing a profitable business. It’s actually a major obstacle to almost every avenue to wealth. It’s not the only obstacle. And it may not be the biggest. (A bigger obstacle might be laziness. Or lack of ambition. Or arrogance… the list goes on.) Having…
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4 Keys to Profitable Partnerships
Back in 2001, when I first started my career in Information Marketing, doing a Joint Venture (JV) meant something quite different than it does now. Today, everyone thinks a JV refers to Affiliate Marketing. But that’s not what it is. A true Joint Venture is where you partner with someone on a…
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9 Wealth-Building Lessons From Billionaires
There is no shortage of billionaires today. In 1985, there were fewer than 20 of them. Today, there are more than 1,800. As many as 536 of them are American. That’s nothing to sneeze at. Nor is their collective net worth of around $2.5 trillion. At the moment, the U.S. has the world’s largest and…
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Why No One Cares About You
Recently one of my little cousins got married. Our family will remember it forever, particularly the moment the speeches ended and they opened up the candy-bar. It was like Willy Wonka himself was the caterer, with buckets of licorice, M&M’s, mini peanut butter cups, and pop rocks galore for the…
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This One Word Can Change Your Career (In A Good Way)
Jiro Ono owns a sushi restaurant. In Tokyo, Sukiyabashi Jiro is a small restaurant inside a subway station. Jiro’s sushi restaurant is extremely popular. His prices are high, his restaurant and menu are small, and he has ample opportunity to earn more money with his business. Jiro could expand his restaurant. With only ten seats, Jiro…
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What Matters Most in Business
I was taking my morning walk today, listening to TED Talks, as I often do, and the second talk that came up on my feed was a speech by someone named Bill Gross. The topic of the conversation was, “What factors matter most for startup success?” Before listening to this…
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Lagging Behind Your Competition? Why You Shouldn’t Care
One of the classic idioms of our time, and something I’ve used many times with my kids, is “don’t cry over spilt milk.” It’s a simple saying, carrying a wealth of wisdom: Forget what has already happened, put things in perspective, and move on. It is important to remember this…
READ MORE12 Super-Successful CEOs That Wake Up REALLY Early
“Early to bed, early to rise, makes a man healthy, wealthy, and wise.” Benjamin Franklin’s advice may be over 200 years old, but it’s just as true now as it was then. Here are 12 people who have followed that mantra and become extremely successful as a result. Richard…
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The Rich Employee
One of my best friends from 8th grade invested $25,000 in Uber’s first round. That $25,000 is now worth $50,000,000. I can say, “I wish that were me!” but I don’t deserve it. He spent his 20s building his network in Silicon Valley so he would have this opportunity today.…
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