“Leverage” has become quite the overused buzzword. Here’s what it actually means and why not to use it.
Business
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Fund Raising Destroys Value! Do it wisely and carefully.
Executives, CEOs, and entrepreneurs talk about fund raising as if it were somehow a good thing. It’s not. Fund raising inherently destroys value, and should only be done in dire circumstances.
What is a Business Model? The anatomy of how a business makes money
Every business needs a business model. Yet two businesses that do exactly the same thing may have very different business models, leading one to succeed, and the other to fail. What is a business model, and how do they work?
Don't Judge a Business by its Distribution
Talking about businesses like “B2B” or “B2C” is silly. It confuses an industry (like “steel”) with a distribution channel. There’s no reason that B2B businesses should have any similarities, other than the selling process, whatsoever.
Tax cut obsession is absurd; vote for tax increases!
Tax cuts aren’t the answer. Tax increases aren’t the answer. Taxes are just a funding decision. We should focus on policy first, and funding it second.