I was starving all the time. I lived in one room, had one futon and had a three inch screen on the floor next to the futon. But the TV didn’t work because you needed cable and I couldn’t afford that. So I started a business. Many people think, “I have an idea” and then … More Daymond John Schools Me on “The Power of Broke”
Europe and other parts of the world are in for big risks. Desperate times call for desperate and somewhat speculative measures. The European Central Bank (ECB) cut its deposit rate last Thursday, pushing it deeper into negative territory. The move is not unprecedented. In 2009, Sweden’s Riksbank was the first central bank to utilize negative … More Here’s Why Negative Interest Rates Are More Dangerous Than You Think
I’m not a big believer in the future. I mean, it will exist—we know that. But that’s about it. CXO Advisory Group has analyzed the predictions of hundreds of pundits. Are the talking heads on TV right or wrong? You know, the ones who say Ebola will end the world, or the ones who said … More Three Trends for the Next 50 Years
What is the 80/20 Rule and could it actually make 80% of your work disappear? If you’ve studied business or economics, you’re well familiar with the power of the Pareto Principle. The Man Behind The Concept Vilfredo Federico Damaso Pareto was born in Italy in 1848. He would go on to become an important philosopher and … More The 80/20 Rule And How It Can Change Your Life
Most things in life are negotiable, and you can improve your negotiation skills with four easy tips. I’ve spent the majority of my career negotiating and training people to negotiate. Along the way I’ve made plenty of mistakes and learned that negotiation can often be improved by actually doing the opposite of what I’d originally … More 4 Common Mistakes People Make When They Negotiate
If you pay much attention to the world of retail sales, you will notice a trend: worry. You will certainly find short-term worry about not enough people buying enough stuff—but that worry has always existed. In a society that bases its measures of success in terms of home prices, market values, and GDP, there will always … More Why Millennials are Trending Toward Minimalism
Here’s one to consider: since the Bretton Woods Agreement ended in the 1970s, there has been a financial crisis in the seventh year in three of the last four decades: 1987, 1997, 2007. One way or another, every crisis has involved Asia. For example, the name for the 1987 stock market crisis is Black Monday. However, … More Will There Be A Financial Crisis in 2017?