Big Dreams and Little Cash: The Transfer of Negative Capital in Exchange for Services I. Introduction. In the early years, a startup typically runs at losses. In order to finance these losses, the company will either sell ownership interests or…
Next time something irks you, step back and look at it in a different way. Next time someone tries to make you feel like you messed up, instead of defending yourself, stop and wonder – well, what if I did…
It is hard to find a good teacher. Good teachers have flavors, like chocolate cookies. They have laughter. They sometimes have comfort and they sometimes they do not have comfort, like a strenuous soccer coach. Sometimes they have tears. Sometimes…
Necessity -> Invention. Are these two really correlated? If so, then why do people find it unusual when someone overcomes terrible difficulties. Shouldn’t terrible difficulties always result in the invention of a solution? But if the norm is that most…
When you are in the flow, the last thing you want is to be interrupted. Usually what interrupts you is another person in their own flow, crossing paths, who wants you to switch gears just for a second. If you…
During tax season, my house gets messy. Cleaning is like paying bills. If you don’t do it on time, you get penalties and interest. When not kept in check, the mess spreads. A sandwich plate with a few crumbs, that would…
TIME TO DIG IN! The next step, after entering your bank account transactions, is to output some basic reports, to see the effect of your entries. If you are working in excel, the closest thing you will get to a…
Approach all bookkeeping software the same way, no matter the year, make and model of bookkeeping software you have (QuickBooks, Quicken, Accountedge, Peachtree, Microsoft Money, excel templates, etc). Figure out how to open the right file. The software is a…
Above and Beyond Performance reports. I am not talking exemplary employee performance here. I am talking company performance. Ok, imagine this. You are trying to get away from the everyday grind of your accounting office, and so you start looking…
There is an old story that goes like this: Two Skunks Once there were two skunks, In and Out. When In was in, Out was out, and when Out was in, In was out. One day Out was in, and…