Tag Archives: investment

Penny-Wise and Pound Foolish, Eh?

There is an old (obviously) English saying, warning people not to be “penny-wise and pound foolish.” As the main British currency is the pound, 1/100 of which is a penny, someone who is penny-wise and pound-foolish is someone who refuses to invest a small … Continue reading

Posted in business, economy, policy, product, technology | Tagged , , , , | Comments Off on Penny-Wise and Pound Foolish, Eh?

When Not to Outsource

In earlier articles, we discussed How to Outsource and When to Outsource. Today, we turn to when not to Outsource. At first blush, we expect not to outsource when our candidate does not meet at least one of the criteria for outsourcing listed … Continue reading

Posted in business, outsource, product, technology | Tagged , , | Comments Off on When Not to Outsource

Deodorant for Software

Although the title for this article might imply suggestions for Proctor & Gamble’s IT department, instead we will address how badly code can “smell” and how and when to prevent it. In business as in software, the concept of a “smell … Continue reading

Posted in business, cloud, policy, product, technology | Tagged , , , , , , , | Comments Off on Deodorant for Software

Pay Yourself First

One of the most important rules of successful longtime business owners, right after “Cash is King”, is “Pay Yourself First.” After all, you do not know what the business will be like in a year or two or ten, so … Continue reading

Posted in business | Tagged , , | Comments Off on Pay Yourself First

Do VCs Abandon Startups?

For years, people I have known in the VC business, as well as entrepreneurs who have been funded by VCs, have discussed the 7-2-1 rule. For every 10 investments a VC fund makes: 7 will fail – “dogs” 2 will hang around, … Continue reading

Posted in business, policy, technology | Tagged , , , | Comments Off on Do VCs Abandon Startups?