SmartMoney Small Business Challenge

December 8, 2006

Smart Money magazine is accepting applications for their Smart Start Small Business Challenge now through January 31, 2007. What a better way to start off the new year than by winning a prize package “consisting of $5,000, a laptop computer and $200,000 worth of SmartMoney and SmartMoney.com advertising for your new business”! Resolving to Make […]

Turning Credit into Cash Instead of Debt

December 6, 2006

What if we used credit only for growth and not consumption? Professor Muhammad Yunus, the winner of the 2006 Nobel Peace Prize, shows us a whole new meaning behind the concept of credit. When Yunus saw a way to make a difference by giving out tiny “microcredit” loans to the poor in Bangladesh the Grameen […]

Halloween Profits – A Magic Moment

November 8, 2006

Seth Godin points out in That magic moment, “In the right moment, something goes from ordinary to precious. From everyday to essential.” The key to his insight is timing. Anticipating an opportunity before it arises (Halloween Profits) allows you to prepare and strike while the opportunity is fresh. When you read about the opportunity after […]

Ghostly Profits, Opportunity Costs, and Inflation

November 2, 2006

Golden Ghosts The ghosts should make me around 141% return on investment. I went against my own advice from a previous post, and made an investment in Halloween decorations. The positives and negatives I discussed still apply BUT I ran across an opportunity to buy at a 75% discount to the market price. How could […]

Halloween Profits

October 31, 2006

Night Before Halloween It’s the night before Halloween and you are without a costume! You show up at the Spirit Halloween store and can’t believe how much they are charging for this stuff! A Captain Jack Sparrow outfit for your son is $30, the little Little Bo Peep costume you’re eyeing is $60, and to […]

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