Regular Financial Slacker readers will know about my current goal of starting my own business. But what you may not know is that this is not my first time going down this path. For as long as I can remember, I dreamed about starting my own business. That dream first became a reality about 10 […]
Entrepreneurship
Small Business Investing May Be Your Best Option
I received word this morning that for the second time in as many weeks, a small business that I was looking at acquiring has agreed to a deal with another buyer. When I lose a deal like this, I am never entirely sure why that’s the case. You don’t know when others began their conversations. […]
Should You Use Your Gut to Make a Good Decision?
I have long operated with the philosophy that when my gut tells me “no,” I listen. When it tells me “yes,” I look for another supporting data point before moving forward with an affirmative decision. And that’s because sometimes when my gut says “yes,” I want to make sure it’s not because I want something […]
The Distance Podcast by Basecamp – Post of the Week
Earlier this week, My Money Blog posted a link to The Distance, a podcast by Basecamp about longevity in business, featuring the stories of businesses that have endured for at least 25 years and the people who got them there. I appreciate Jonathan bringing this podcast to my attention. I am a longtime fan of Jason […]
How Does Elon Musk Get So Much Done?
Remember the scene in the movie Old School when Will Ferrell is at a college party and tells the students he can’t have a drink because he has a busy Saturday planned for the next day. He and his wife have a fun day planned with trips to both Home Depot and Bed, Bath, and […]
Buying a Business Has Ups and Downs
I mentioned before that I was working on a new startup. As part of that, I am looking to accelerate growth by buying a business. Unfortunately, earlier this week, I found out that a company I was looking to buy signed a letter of intent with another buyer. I am not completely surprised by this as I […]