Category: business

A business solves a problem. It creates value by providing solutions to a problem. Answer these two question and you have yourself a business. The answer needs to be succint. If you wrote an essay answering these two questions, you have an overcomplicated business. It will probably not work.

A few years ago, my parents and a family friend started a new business venture. As with most partnerships, the mismatch of goals and efforts eventually led to the splitting of the business. The split was filled with tension, and I had to step in and agreed to a split which was unfavorable to us.…

I see entrepreneurs who are happy with one store. I also see some with the ambition of scaling to multiple locations. Scaling a business has its financial rewards but the level of risk and stress is also high. If you scale a restaurant to 10 locations, now you have more than 10 times the problem.…

I think a lot of problems can be avoided if you simplify aggressively. Whether it is in business or in your personal life, simplicity can be the cure. I know of business owners who are constantly stressed because they have not developed a system where the business runs without them. And the reason why they…

I have a friend who became successful in the restaurant industry and then one day decided to leave the industry to focus on travel. He wanted to start his own travel agency which at that time I thought was nuts. But he became successful in the travel agency business too. That friend is that guy…

“Bro, I’m burned out.” I was totally caught off guard by my friend’s message. This dude is a machine. A one-man development team with two successful apps in the Apple Store and Google PlayStore. A week earlier, a buddy of mine who flips real estate sent me a message asking my thoughts on truck driving.…

Back in the day when Shopify and Woocommerce were not as easy as it is today, I use to work with mom-and-pops with their e-commerce. I would upgrade their brand image, advice on product description and images, work on their copywriting, design and build their website. Working with small business owners at the start of…

As of today, the floor price for a Bored Ape Yacht Club NFT on OpenSea is 87.5 ETH (Ethereum) – approximately $108,000. Last year’s bull run, when ETH was hovering between $2,500 to $4,000, many apes were sold north of a hundred. A JPEG photo of a primate on the blockchain is selling for hundreds.…