If you're working for other people be a specialist. If you're working for yourself you have to be a generalist. Very difficult to effectively manage and coordinate something you don't really understand.
The Economist has been a weathervane since they decided expanding into the US market required an editorial shift to the right. The International Herald Tribune is producing much higher quality and politically neutral reporting these days imho.
Trouble making payroll? Get rid of your full-time nanny, and assistant, and cleaning service and house manager. Sounds like the investors are getting fleeced.
Not being critical or aggressive here. I'm in the online content business myself, but we have costs associated with content production and would be out of business fast if we only earned 1k a year. I don't think your experience generalizes to a lot of other cases, that's all
Regardless, it's great news if people who don't play keep purchasing instruments - it increases the size of the market and drives down the costs for people who do play but don't have money, like me.
Worth mentioning that my life doesn't correlate to success in any meaningful way, except that I keep making decisions which make me happy if poor.
Hi guys. Occasional commenter posting anonymously. We are in an interesting situation and I would appreciate advice.Our core business is in a niche area, but we have the opportunity to get some angel funding to enter a related but much larger market. We are planning to enter this market in the long run anyway. Moving now would provide some risk diversification, give us the cash to cover upfront...