I have always been afraid of banks. —Andrew Jackson, seventh president, United States of America. One of the worst things you can do as an entrepreneur is to open a business bank account at a bank where you have a personal bank account. Likewise, it is not a good idea to open a business credit […]
View Post American Express, Andrew Jackson, Banking, Business Credit, CapitalOne, Corporate Law, Credit, Credit Card, Credit Report, Debt Collection, Debt-to-Income Ratio, Discover, Finance, Loans, Overdraft Fees, Personal Finance, Right of Offset, Social Security Number, Tax Identification Number, Veil Piercing
Honesty is for the most part less profitable than dishonesty. —Plato, Greek philosopher If I had listened to my intuition, I could have saved myself some trouble. I would have heeded the many clues that the shoddy owners of the mom-and-pop business gave me. I would have run out of their dubious restaurant as fast […]
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Inspiration comes from all different places. —Jeffrey Katzenberg, CEO, DreamWorks Animation. Oprah Winfrey is known for making guests on her show cry. However, this time, she was the one who would shed tears, overcome by the significance and serendipity of the moment. In 2007 I stumbled upon a television special titled Oprah’s Roots: An African […]
View Post Academy Award, Atlanta, Baltimore, Berklee College of Music, Boston, Charlotte Phelan, Courage, Family, Georgia, Henry Louis Gates Jr., Herbie Hancock, Los Angeles, Maryland, Massachusetts, Oprah Winfrey, The Help, United States, Wynton Marsalis
Two heads are better than one. —John Heywood, English playwright. One of my favorite events in the Summer Olympic Games is the 4×100 meter relay. In this event, a team runs 400 meters total, once around a regulation athletics track, with four teammates running 100 meters each. Currently, Jamaica holds the world record time of […]
View Post Bill Gates, Eduardo Saverin, Fear, Google, Greed, Jamaica, Larry Page, Mark Zuckerberg, Michael Johnson, Olympic Games, Olympics, OmniPublisher, Paul Allen, Pride, Sergey Brin, Steve Jobs, Steve Wozniak, Track & Field, Usain Bolt, World Record, Yohan Blake
Kids: they dance before they learn there is anything that isn’t music. —William Stafford, poet For the past two years, I have had the privilege of being an instructor for the Teenpreneur conference, a two-day program that has taught thousands of teens the vital concepts of entrepreneurship. Along with other instructors who are entrepreneurs, I […]
View Post Capri Investments Capital, Quintin E Primo III, Teenpreneur, William Stafford
Competition is very good. . . . It’s what makes one strive to be better. —Christine Lahti, actress, film director. Ninety-five percent of the time, arrogance leads entrepreneurs to believe that they have no competition in the marketplace. However, on rare occasions, arrogance isn’t the true cause of this belief. Instead, arrogance is an effect […]
View Post Back to the Future, Contrave, DeLorean, FDA, Food and Drug Administration, New York Times, Orexigen Therapeutics, Road and Track, Segway, Zipcar