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Do You Value Your Time? Thank an Entrepreneur.

This morning I got up at 6:30 am. I took a hot shower, turned on the sprinkler to water the lawn, cooked an omelet for breakfast, put the dishes in the dishwasher, read The Wall Street Journal on my iPad while I enjoyed a cup of espresso, and answered five questions...

Who Made That Olympic Medal Happen?

Those record-breaking 19 Olympic medals that Michael Phelps received? He didn’t really win them. Somebody else made that happen. True, Phelps was the one who swam those thousands of miles over the years. True, it was his commitment that kept him at the pool for...

Tenant Improvements Can Be Good Investment

Watch this video on YouTube Recently I read a news story about a small business owner whose landlord was not renewing her lease. A chain restaurant was buying the building and intended to raze it. The business owner was distraught, as she had recently spent $30,000 to...

Mollydooker Story Shows Rocky Path to Business Success

Watch this video on YouTube I had no hat and no sunscreen to protect me from the scorching heat in the Australian vineyard. Yet I couldn’t leave as I listened to Leigh telling his family’s heartfelt story of grit, passion, and struggle. Standing among the...

Counting Your Money

Do rich people spend much time counting their money? Some Americans, including President Obama, must think so. From his speeches, the President appears not to like rich people very much even though he’s one of them. On more than one occasion he’s broadly...

Build Wealth With a Career, Not “The Job”

A couple of recent columns about how to define “rich” generated quite a bit of discussion. One thought-provoking email from a friend made me think about yet another aspect of defining rich: What does “getting rich” look like? Sometimes it looks...