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Nowadays, thanks to the internet and mostly the marvelous search engines, everyone is becoming an expert and has a  mastery of something. We wanted to share the translations of Jack of all trades and master of none just in case you happen to bump into visitors from other continents. The thing we realized is that each translation differs from the English description. English is a beautiful language! Please don’t confuse this sentence with the word “Jagoff”.  […]

PitchBook, CrunchBase, Angel List, Forbes, Entrepreneurs, Inc. and many others tried in the past to quantify what factors make a startup successful. Some focused on the idea, the team, and some other things, it has been an ever changing list of things. Now, to all this add Idealab’s list of factors or factor accounts the most for a company’s success or failure? They say they took a very quantitative approach to analyze companies they have worked with and funded, and […]

National Apprenticeship Week is November 11 – 17. Take advantage of NAW to learn more about apprenticeships and if they might be a good fit for your company. The US is experiencing a widespread worker shortage. According to the Dept. of Labor at the beginning of this year the US economy had 7.6 million unfilled jobs. Businesses are struggling to fill skilled labor jobs that do not require a college degree. But the real problem is that there are not […]

19 creative accounting schemes for money-losing startups Quartz offers the following ideas for pro-forma accounting practices: The new age EBITDA principles for Startups  EBACE Earnings before all conceivable expenses EBILT Earnings before inevitable legal trouble EER Earnings excluding reality EEG Earnings excluding gluten ELOL Earnings leaving out losses EASA Earnings according to sycophantic analysts EBJC Earnings before John Carreyrou EWPF Earnings if women were paid fairly EBAIS Earnings before AI singularity EBAAI Earnings before Amazon ate our industry EBACT Earnings before awkward Congressional testimony EBPB Earnings before pivot to blockchain EBCDB Earnings before catastrophic data […]

By surrounding yourself with smart people who feel empowered to challenge you; A) You demonstrate that you’re confident and not territorial with your positions, B) You eliminate the risk for group-think and “yes” people, C) You showcase a mindset that contributes to constant learning and These three alone will increase your chances of success. “David Ogilvy, widely revered as a founding father of modern advertising (and founder of one of its most famous agencies), is credited with the following […]

A Great Solution Does Not Have To Be Complicated As published on Medium, Sep 14 · 2 min read I always remind my colleagues and the startup founders and entrepreneurs I mentor and coach: Don’t complicate things, keep it and make it simple. Sadly as technology evolved complexity has crept into every corner of our lives. In fact the theme that technologists and innovators use is “Technology makes it better and simpler”. Well that is not the case. Simplicity and […]

Taxes and the Gig Economy For new entrepreneurs, paying the IRS can be tricky Employees of on-demand ride services like Uber and Lyft are subject to regular income tax. So you’ve joined the gig, or sharing, economy, making money by renting out bedrooms, giving strangers a ride in your car or taking some task that another person doesn’t want to do. Congratulations! You’ll likely owe income taxes on your earnings — even from part-time gigs. And unlike working for an […]

Are You Self-Employed? Know What Taxes You Must Pay Report all income, pay required taxes to maximize Social Security benefits If you are a contracted worker or otherwise self-employed and don’t report all of your income and pay quarterly estimated taxes and self-employment tax, you may get a lower Social Security retirement benefit when the time comes to collect. “Benefits are based on your lifetime earnings, so they could be a lot less, or none,” says the Social Security Administration […]

10 Legal Issues for Independent Workers to Consider Tax and legal matters pose certain questions for small-business owners and contractors You need to know that working solo comes with a fair amount of tax and legal ramifications, from business licenses and liability insurance to client contracts and expense tracking. If you have no proficient advisors to help you with this journey “The learning curve can been steep,” says many entrepreneurs. If you, too, find yourself working as an independent professional after a […]

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