Monthly Archives: August 2018

Biggest Lesson Learned in the Corporate World

“So- who has some sales that they can close before the end of the year?” Silence. I’ve been working in and around the corporate world for 30+ years, but this is my favorite story. I was selling a corporate insurance/ benefit product to corporations, and I was in a meeting… Read more »

Best Business Deal Ever Made

Huge success requires risk-taking, a well-conceived plan, and the guts to ask for something that may seem outrageous. Here are my best business deals ever, and three great business decisions that led to three of the most successful companies ever. Microsoft and MS-DOS I loved Asim Oureshi’s Quora answer regarding… Read more »

Critical Advice For Startup CEOs

If you’re tenacious- and you’re willing to constantly adapt to change- you can make it as a start-up CEO. If not, you’ll almost certainly fail. Now, that’s a pretty strong statement, but my experience tells me that tenacity and adaptability are the two key traits that a CEO (any CEO)… Read more »

How to Evaluate Internal Controls –for Accountants        

evaluate internal controls

Accountants must know how to evaluate internal controls. Here’s a brief outline of what internal controls are and the COSO Framework for internal controls. Accountants need to know how to explain their methods for evaluating internal controls and recognize different types of deficiencies that can be present in organizations’ internal… Read more »

Industries That Generate High Profit Margins

high profit margins

Whoever invented Doritos was a genius. I love my Doritos, and I’d be willing to pay more for them, if necessary. How much more? I’m not sure, but if the price went up 50 cents for a bag, I might be able to live with it. We all have products… Read more »

What is the Hardest Truth of Economics?

Complexity can kill. I saw it 20 years ago, and I’m seeing it today, and it’s one of three hard truths about economic and finance. Here’s what I mean: So I was working out at the gym last November, and CNBC had yet another story on Coinbase, which is a… Read more »