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Entrepreneurs: Quit Screwing Up Your Finances

[UPDATE 7/21/2014]: 40 Rules for Internet Business Success is now available on Amazon in paperback, Kindle e-book and audiobook formats. Click here to get your copy. Below you’ll find an unedited chapter from my upcoming book 40 Rules for Internet Business Success. To receive updates about the book and get a free digital copy of my …

Don’t Be a Franchisee of Someone Else’s Business Model

Not Everyone Needs to Be Your Customer

Don’t Be an Employee In Your Own Company

I’m Writing a Book

[UPDATE 7/21/2014]: 40 Rules for Internet Business Success is now available on Amazon in paperback, Kindle e-book and audiobook formats. Click here to get your copy. A couple of months ago, I attended a new event for entrepreneurs in Sioux Falls called 1 Million Cups, in which an entrepreneur shares their story for six minutes …

An Update on My Bitcoin Mining Experience: Complete and Total Failure

Last month, I shared the experience I’ve had mining Bitcoin alternatives, such as Litecoin and its various competitors, through a couple of custom computer systems that each have five graphics cards in them each. In early January, purchasing the two rigs at $4,900 each seemed liked a perfectly reasonable investment. I estimated that I would …

Want to Be a Millionaire? Become a Voracious Consumer of Content

Author Thomas Stanley did a survey of self-made millionaires and compiled the results in his best-selling book, The Millionaire Next Door. One of the interesting things that Stanley found in his survey results was that millionaires didn’t tend to watch a lot of prime-time television, but they do read one non-fiction per month on average. …

Which is Riskier — Getting a Job or Starting a Business?

Last week, I spoke about my business at Sioux Falls’ 1 Million Cups Event. One of the questions I received was “What are the biggest existential threads to your business? In other words, what keeps you up at night?” My answer was, “Well, not much. I guess SendGrid could stop delivering my emails or Stripe …

Why Paying Six Figures for a Dot-Com Domain Name will Soon Be a Thing of the Past

In the last decade, there have been at least 20 recorded sales of dot-com domain names for $1 million or more. According to this Wikipedia entry, the most expensive domain ever sold was Vacation Rentals.com for $35 million in 2007. Insure.com took a distant second at $16 million and Sex.com was the third-most expensive domain …

The Inside Story of Analyst Ratings Network (My 1 Million Cups Presentation)

I spoke at the Sioux Falls 1 Million Cups event last week about my investing newsletter business, Analyst Ratings Network. During 1 Million Cups events, the speaker has the opportunity to speak about their company for six minutes and the audience has the opportunity to ask questions for twenty minutes. During my talk, I discussed …