Are you thinking of blitzscaling your company? If you blitzscale, when is the right time to stop? How do you blitzscale? Blitzscaling companies isn’t always the answer, sometimes the conditions aren’t right. But when speed is the critical strategy, blitzscaling is the answer. However, you should only blitzscale your company for a limited amount of time because your company will eventually outgrow the strategy. Continue reading to learn more about blitzscaling companies.
Is spending a lot of money on food really worth it? Is expensive food really significantly better than cheaper, more affordable staples? Most people are geared towards quantity and cheap, accessible food. But according to Michael Pollan, the author of In Defense of Food, we shouldn’t be too frugal when it comes to spending money on food. In general, more expensive food (especially, food of natural origin) is better for you because of a lack of toxins and improved nutritional quality. Here is why spending more money on food is indeed worth it, according to Michael Pollan.
What was Obama’s role in the 2008 financial crisis? How did he respond to the crisis in his presidency? For Obama, the 2008 financial crisis was one of the most important things that he wanted to address in his presidency. During the campaign, it became clear that John McCain wouldn’t be able to handle the crisis. Read more about Obama, the 2008 financial crisis, and what happened during his presidency.
Should you work with a venture capitalist to grow your startup? What are the main problems associated with venture capitalism? When the stars align perfectly, working with a venture capitalist can be exactly what you need to get your business on its feet. However, raising funding through venture capitalism is not without problems. If you’re looking into a VC, consider these risks first. Continue reading to learn more about venture capitalism problems.
Is there a correlation between money and happiness? Do you think money can buy happiness? Money and happiness have a heavily debated relationship—it’s a common saying that money can’t buy happiness, but it’s fairly clear that money can certainly contribute to it. You don’t even have to earn a crazy amount of money to be happy. The trick is to use your money in wise, meaningful ways that contribute to the factors of happiness. In this article, we’ll talk about the relationship between money and happiness, and some ways to derive more happiness from spending money.
What was the 2009 auto bailout? Who benefited from it and why did it happen? The 2008 financial crisis his the auto industry particularly hard. Chrysler and General Motors were struggling and needed assistance, which became known as the 2009 auto bailout. Read more about the 2009 auto bailout and what the government did.
What was the 2009 stimulus? How did the government handle the financial crisis of 2008? The 2009 stimulus is now often referred to as the “bailout.” Against President Obama’s wishes, the 2009 stimulus mainly assisted large corporations and Wall Street. Read more about the 2009 stimulus, how it was decided, and how it affected the country.
What is price anchoring? Why is our idea of a reasonable price completely arbitrary? How can anchoring affect your future decisions? Price anchoring is the process of establishing a product’s price as “normal” and making it the benchmark by which you judge all other prices. These anchors are irrational and can stack up to more irrational decision-making in the future. Keep reading for more information about price anchoring.
How do we rationalize dishonesty? Why does cash make us more honest? Experiments on the psychology of lying show that dishonesty is more common if we reflect on moral standards before lying or if we have at least one degree of separation from money. We can use this knowledge to stop rationalizing dishonesty and to become more honest. Keep reading for more on the psychology of lying.
What do you want your financial future to look like? What can you do to secure your financial future and ensure yourself a comfortable retirement? Being financially secure in retirement may be the last thing on your mind if you are in your 30s or 40s. But if you want to retire comfortably, it is important to start thinking of ways to secure your financial future many years in advance. Here are three ways you can secure your financial future so you can enjoy a comfortable retirement.