Paul Graham coined the term Ramen Profitable, as in having enough profit to live on a Ramen Noodle diet/lifestyle.  He gives many reasons why a startup may want to become Ramen Profitable as soon as possible, including: “The main significance of this type of profitability is that you’re no longer at the mercy of [...]

QuickBooks – Nothing Beats Free

June 25, 2009 | Comments Off

For my business accounting I use QuickBooks Pro.  But to tell you the truth, chances are I would be equally happy with the QuickBooks Simple Start Free Edition 2009.  I have less than 20 customers (big ones).  And most of what I do need accounting for is create invoices, pay bills and print checks – [...]

For years I doubted a product sold at Airport kiosks was worth my money.  I have been proved wrong twice.  Once with Rosetta Stone, and twice with NeatReceipts.  It is just that I didn’t acquired either at the airport (the former can be bought used and the later can be bought ‘refurbished’ for $99 vs [...]

Contractors: You Are Creating A Market

May 23, 2008 | Comments Off

When a full time employee goes on his/her own and starts selling his/her services there is one interesting thing that he provides the companies who may be interested in hiring them:  A Market.
Big companies can’t offer services that they can’t deliver.  But since the contractor offers to deliver services on their behalf, now they have access [...]

The Value of an Idea

March 11, 2008 | Comments Off

Very often, especially during social activities, people start blurting ideas to me on how I can improve my business or new ventures I can undertake to make more money. The idea is usually summarized in one or two sentences, and the plan doesn’t go beyond what a drink can last. It irritates me [...]

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