If you buy my product but dont read the instructions, thats not your fault, its mine. If you read a blog post and misinterpret what I said, thats my choice, not your error. If you attend my presentation and youre bored, thats my failure. If you are a student in my class and you dont […]
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Month: February 2020
Debt, equity and a third thing that migh...
If your business needs money, it seems as though you have two choices: Get a loan from a bank Raise equity from an investor, giving up part of your company in exchange Banks are everywhere, so the idea that they can loan us money seems obvious. And venture capitalists and the companies they fund are […]
Its not the rats you need to worry about
If you want to know if a ship is going to sink, watch what the richest passengers do. iTunes and file sharing killed Tower Records. The key symptom: the best customers switched. Of course people who were buying 200 records a year would switch. They had the most incentive. The alternatives were cheaper and faster […]