Jun
29
The Big Flat Screen TV Family
June 29, 2007 | 1 Comment
Being a landlord is not as easy as people think. I once had a family occupying one of our rental units. The family is very nice, very polite, and trying to establish a good family. Financially, they are probably a mess. Payments consistently arrived late, sometimes more than a month late [...]
Jun
28
Cheap as Cheap Gets – China Imports Tainted Fish
June 28, 2007 | 1 Comment
Today, the news in CNN say that the FDA finds a widespread case of poisoned fish from china. Earlier in the month, they discover tainted toothpaste.
For a long time the US economy has enjoyed a long period of extreme consumerism and low inflation. Traditionally the more people buy of something (more “demand”), the [...]
Jun
28
Cash: The Independent Contractor’s Most Valuable Asset
June 28, 2007 | Comments Off
Great core skills are good. Interpersonal skills are essential. But the most important thing you need to have before you quit a day job and start an independent consulting gig is cold, hard cash. Six months to a year of it. And keep it stashed away in a savings or money market account (maybe some [...]
Jun
27
The Individual Contributor Trap
June 27, 2007 | Comments Off
Companies say that their biggest asset is their people – something that is ironic, as assets are things with a price tag on it and can be traded or exchanged as needed. Companies depend mostly on the hard work of two groups of people: the Individual Contributors and top level management (Executive VPs and CEO). [...]
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