“I’m going to give the first 1,000 customers a free X [whatever] to start using and spread the word. Since it is free, of course they’ll use it – why wouldn’t they?” Well, there are probably a million reasons why. This over-simplified statement, especially as
Price-to-earnings (P/E) ratio – what is it and why care?
P/E ratios are a good quick gauge of the value of an investment. It is limited, and there is a ton of additional information to consider when making an investment, but it is a nice quick-view metric. The P/E ratio of a stock is the stock’s price divided by the earnings per share. So if […]Finance, Investing, stock
Startups: Know Your Numbers
Sure, we all know – when you are a founder of a start-up putting together financial projections, the numbers are largely guesstimates. Young ventures don’t have the business history needed to properly predict, budget, and forecast revenue and expense numbers. That doesn’t mean the founder(s) shouldn’t go through the exercise though.Business, Finance, Investing, startups
What did you buy with your first million?
I read an Inc article this morning titled “Top 8 Cars to Buy After You Make Your First Million”. I hope they meant “when you make your first $5 million” or something rather than $1 million. The cars in the article are VERY expensive. If you just hit the $1 million dollar level in your […]Finance, Investing