business
-
Tipping has gone too far…
Tipping has gone out of hand. I was a server and a bartender. I’m not trying to take away your tips; in fact, if things get any worse, fewer people will go out to eat, restaurants will shut down, and no more tips ever. Slippery slope argument? Sure, but getting people on your side using…
-
$100,000+ Salary
Why is a six-figure salary glorified? Do we just like big numbers? Six is big, right? Six figures is an arbitrary number, but I think there’s an argument for why it’s one good indicator of lifestyle. Disposable income. 100k isn’t just double 50k in terms of lifestyle. There’s a multiplier effect once you meet the…
-
The Poverty Trap
It costs money to be poor. This is known as the “poverty trap,” a cycle where limited resources force choices that become more expensive over time. An apt example, called the Boots Theory of Socioeconomic Unfairness, was popularized by British author Terry Pratchett in his Discworld novels. Pratchett’s character Captain Samuel Vimes observes that a…
-
CEOs: What do they do?
What do CEOs really do, and why do they get paid so much? Have you ever wondered why some CEOs earn astronomical salaries while their companies underperform? Is Elon Musk truly a good CEO, or is there more beneath the surface? And why are so many guys “starting their own business” and calling themselves the…
business, business management, CEO compensation, CEO impact on performance, CEO leadership qualities, CEO pay controversy, CEO performance, CEO responsibilities, CEO salary debate, company strategy, company success, corporate leadership, corporate vision, entrepreneurship, executive decision making, executive incentives, executive roles, high-level decision making, investing, leadership, leadership in business, news, organizational health, stakeholder management -
Shunsaku Sagami is a M&A Genius
Shunsaku Sagami, Japan’s youngest billionaire, is an entrepreneur and innovator in the world of mergers and acquisitions (M&A), pioneering a unique approach to succession planning. Sagami’s strategy addresses a key demographic challenge often referred to as the “silver tsunami”—the retirement wave of aging business owners worldwide. His M&A Research Institute steps in where others may…
-
Navinder Singh Sarao’s Flash Crash
On May 6, 2010, the U.S. stock market faced one of the most shocking and swift losses in its history. Within minutes, the Dow Jones Industrial Average plunged nearly 1,000 points, erasing roughly $1 trillion in value before rebounding almost as quickly. This incident, known as the “Flash Crash,” rattled investors and exposed vulnerabilities within…
-
Lawyers: Free vs Cheap vs Expensive
The legal system is designed to be a foundation of justice, protecting individual rights and maintaining societal order. Yet, one crucial issue stands in the way: not all legal representation is equally accessible. Financial capacity can profoundly influence the quality of legal services available to someone, raising serious questions about fairness in our justice system.…
access to justice, affordable lawyers, affordable legal services, business, civil cases, criminal defense, equity in justice, expensive legal services, financial inequality in law, free legal services, high-cost lawyers, justice reform, justice system, law, law clinics, legal, legal accessibility, legal disparities, legal representation, legal resources, news, politics, pro bono services, public defender -
Rotating Savings and Credit Associations (ROSCAs)
Rotating Savings and Credit Associations (ROSCAs) represent an ancient yet enduring form of informal financial institution that blends the principles of peer-to-peer banking and lending. A ROSCA comprises a group of individuals who agree to meet over a defined period, pooling funds regularly and taking turns withdrawing a lump sum. These associations operate on mutual…
-
ETAs and Search Funds
Entrepreneurship through acquisition (ETA) and the search fund model provide structured pathways for aspiring entrepreneurs to acquire and lead established businesses, serving as an alternative to traditional startups. Originally pioneered by Irv Grousbeck at Stanford University in the 1980s, this model has since gained substantial traction globally, particularly in the U.S., Europe, and Latin America.…
acquisition entrepreneurship, acquisition financing, business, business acquisition strategy, business exit strategy, business transition planning, business valuation, entrepreneurial leadership, entrepreneurship, entrepreneurship through acquisition, ETA, finance, funding, Irv Grousbeck, MBA entrepreneurs, operational management, private equity alternatives, retirement succession planning, search capital, search fund investors, search fund model, search fund returns, small business acquisition, venture capital
Body of Knowledge 