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 real estate industry is known for its significant financial transactions and influence over one of life’s largest purchases: homes. However, the incentive structures within this industry are often misaligned, leading to practices that can be considered unethical, including collusion and price-fixing. Several factors contribute to these problematic behaviors, ranging from the commission-based income structure…
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…
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…
100 users means you’ve found your early adopters. These are the people who need what you’re building, not just those who think it’s cool. At this stage, every user matters. You can talk to all of them, understand their pain points, and iterate directly based on their feedback. $100/month proves your product has value. This…
The stock market can somehow see the future. At 11:38 a.m. on January 28, 1986, the space shuttle Challenger launched, and about two minutes later… It took more than five months to conclude that the explosion was caused by the shuttle’s O-rings on the right solid fuel booster rocket, which was attributed to a company,…
The stock market originated in the 17th century, allowing individuals to fund expeditions in exchange for profits. It has experienced booms and busts but remains crucial for financing businesses and creating wealth. Stocks represent ownership in a company, offering profit shares and voting rights. They can be private or public and are regulated by the…