Do You Suffer From a Normalcy Bias?
Humans have difficulty recognizing and reacting to experiences that are new to them. This mental state is called our “Normalcy Bias”.
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Take a Simple Entrepreneurial Test
Want to get a quick answer to see if you have what it takes to be an entrepreneur? Take the following simple one question entrepreneurial test.
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What is Your Entrepreneurial Driver?
When asked what is your entrepreneurial driver, most people have a rather vague answer. Here are the most common reasons I have heard.
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Change Your Image To Get Results
In the old west drinking establishments were called saloons. They were the hangouts for tough men and prostitutes, which gave the establishments a bad name. Ultimately saloons’ unruly reputation led to a movement for total abstinence from alcohol. In 1919 Prohibition was passed into law. Savvy bar-keepers, now forced underground, changed their image to that
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You Should Be Getting Paid Twice
Adam Smith wrote in his book The Wealth of Nations: “The value which the workmen add to the materials, therefore, resolves itself in this case into two parts, of which the one pays their wages, the other the profits of the employer upon the whole stock of materials and wages which he advanced.” As
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What is Your Special Leverage?
Every Business Model Needs to Leverage Something. That Special Leverage Could Be A Unique Skill, A Special Tool, Or Proprietary Process.
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Leverage the Cuteness Factor
Nobody can resist the power of cuteness. I went to a trade show a few years back that had 1,800 exhibitors. Getting noticed in a crowd that large is often quite hard, except for one clever exhibitor. She had in her booth a full-grown African Serval, which is the largest domesticated cat; about the size
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The Path To Success Is Paved By Math
One nice thing about mathematics is that it is the same in every language and has only one solution to a problem. Wouldn’t it be nice if every problem had only one correct answer and, so long as you knew the rules, you could find that one true answer to every question? Successful entrepreneurs understand
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Are You Forcing an Extreme Position?
In the early 1900s you had a class of rough and tumble characters that hung out in saloons, and then you had the Anti-Saloon Organization (ASO) that felt that booze was tearing apart the fabric of society. In 1919 the ASO pushed their extreme position and the 18th amendment to the Constitution made the
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Taxes Are The Currency Of Politics
To get elected Politicians need both money to campaign and, ultimately, votes. Massaging the tax code is a favored way of getting both money and votes. Offering tax credits to an industry gets you money from lobbyists to fund your campaign. Providing tax credits related to mortgages, childcare, or education to the voting public buys
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