Have you ever heard about those 'good old days' when a cup of coffee was only 25 cents? Or when a beer only cost 50 cents? Then you probably also think that prices have risen dramatically and that we can now buy much less than our parents or grandparents could at our age. But that isn't the case, because prices rising is in fact a consequence of inflation. So what is this phenomenon exactly, and how does it influence the economy? Let's examine a fantastic explanation of inflation and recession by Paul Krugman.
Continue reading...Monday, February 15, 2010
As you press the button for the 10th floor, you see a man hurrying to catch the elevator. You hold open the door and the man steps in. 'Thanks!' he exclaims as he presses the button for the 15th floor. The man extends his hand and introduces himself. It turns out he is the CEO of this company, something you know all too well. You have wanted a meeting with him forever, and now he is asking you 'So, what do you do?'
Continue reading...Monday, February 1, 2010
A friend of mine recently recommended this book to me. The book discusses the down to earth methods that the people at 37signals used to build their massively popular web applications, used by hundres of thousands of users world wide. With only three people!
Continue reading...Monday, January 25, 2010
I recently finished Robert G. Allen's book 'Creating Wealth'. This book is simply amazing for people seeking to build wealth and find financial freedom. Robert Allen is a true specialist and gives fantastic advice. Whether you have made your first million already or are just starting out on your road to financial wealth and freedom, this book is a must.
Continue reading...Wednesday, January 13, 2010
If you want someone to trust you, you will first have to become trustworthy. This is not an easy feat to pull off and being trustworthy has to do with very deep and basic personality traits. Stephen M. R. Covey dissected trust in his fantastic book The Speed of Trust. In this article I will discuss the the way to build trust and become trustworthy along the lines set out by Stephen M.R. Covey (this is Stephen R. Covey's son).
Continue reading...Friday, January 8, 2010
When I just started as an entrepreneur, managing my time was easy. I didn't. I just put every bit of energy into my company. Of course I also had my education to focus on, but obviously it suffered. Sports suffered too, as I stopped playing any sport for about one or two years. Almost every bit of time went into my company. And then it failed. I felt miserable. Something had to change.
Continue reading...Tuesday, January 5, 2010
Here is another monthly report. I'm happy to see that the line is picking up, hopefully to stay around a higher level for a longer period of time. The most apparant reason for the line to be higher is my health; I have recovered from my back injury. And since health is the second most important factor in the wealth formula, it has a very big impact.
Continue reading...Tuesday, December 29, 2009
Every year at the end of December, I sit down and go through my agenda of the last year. I revisit all the events that have taken place, because while they were happening, time seemed to fly by without slowing down. In all fairness, time seems to go by faster and faster these days. Reflecting back on the achievements of a year slows time down again. It is a great technique. Please note that I am not one to boast. The reason I am reflecting is because I need to feel good, but I don't. I don't think that I have achieved much, if anything. Every day I think about where I want to go, instead of accepting that where I am is actually the best place to be!
Continue reading...Sunday, December 27, 2009
Our society thrives on rules. There are rules for everything. From the size of a door or window in your home, to what you should do when you switch your job, there are rules in every aspect of your life. And people are expected to abide to these rules. But if you are an entrepreneur or a manager of a department, or even running a household, you are faced with a different aspect of rules: rulemaking. There are certain dos and don'ts about rulemaking, the rules of rulemaking. Abide to these rules and you'll notice that you are creating success. Break them, and you will end up with chaos!
Continue reading...Wednesday, December 16, 2009
Most of the time I dread them, meetings. They tend to get all lengthy. Back in university the annual members meeting would sometimes last as much as 5 or 6 hours... And meetings usually seem to avoid fun topics like you would the plague. But I also know they are a fact of running a business, so today I present to you my top 5 meeting tips. These tips can be used to steer a meeting in the direction you want to, and have it done with in an orderly time frame.
Continue reading...
Wednesday, March 3, 2010
Leave a comment