The other day I went into the tool store to look for some new tools for my shop. I had several thousand dollars in my pocket and was itching to spend it. It was interesting to watch the salesmen as we waited. When they finished with one customer, you could see them look over those [...]
In real estate they say it’s all about location, location, location. If that’s true (and I believe it is) then in business it’s all about timing, timing, timing. The point at which you get into a business relative to whether the window is opening, open, or closing will — in large measure — determine how [...]
I had a chance to talk with an old friend today with whom I hadn’t spoken for some time. Last I’d heard he had a successful business going and was setting the world on fire. But due to downturns in other industries, his business gradually dwindled until he finally had to close the doors. I [...]