I’m stunned by the lack of financial literacy of so many people in so many contexts. The commentary by politicians, economists, and the media on the European debt crisis and the US debt ceiling dynamics is appalling. The Balance Sheet. Cash Flow. Analyzing Financial Statements. lack of understanding how non-accounting metrics (e.g. MORE >>

Adam Smith, in Wealth of Nations , talked about an &# invisible hand “ Basically, by businesses pursuing their own interests, they end up helping society much more than they had intended, led by an “invisible hand&#. And, by understanding how it works, it can dramatically change your initial product decisions. How Does it Affect You? MORE >>

Tim sits at his desk. He fidgets. He knows he has to get some work done, but he can’t. He is going to be in big trouble if he doesn’t. Oops, his mind wandered off again, quickly, back to the task at hand. He fidgets again. Ohhh, this is so hard. feel uncomfortable” his mind groans. He looks at the clock, how long has it been? Is it time yet? MORE >>

A common misconception by many entrepreneurs is that they should use a name that describes their products or services. Many want potential customers to immediately know what they are offering. Some use generic names because they want to generate more website traffic from key word searches. generic name is the common name for the goods or services. MORE >>

There has been a recent dialog around a theme I'll call "hacking the corporation" - creating novel approaches to building young companies, particularly when they are in their formative start-up stage and pre-product market fit. I'd like to submit another item to add to the "hacking the corporation" punchlist:  elimnating titles. MORE >>