Snap / Snapchat says in their filings for their IPO “We have incurred operating losses in the past, expect to incur operating losses in the future, and may never achieve or maintain profitability”.
This clearly violates Warren Buffett’s only two rules for investing: Rule Number 1: Never lose money. Rule Number 2: Never forget rule number one!… read more “Snap / SnapChat IPO: AVOID AT ALL COSTS”
I have had a nasty cold yesterday and today that has limited my energy and effectiveness at work. I only was able to put in 7.5 hours yesterday (and at a slow pace sadly). So many things I want to do but just no energy to do them!
As a founder of a company, you frequently have to do very unpleasant tasks that you don’t want to do. A founder will start a company with a dream of doing what they do best all the time… the reality is that once you grow 95% of your time goes into a hundred different areas that you often don’t really have much talents at.… read more “Unpleasant Work”
Coalition has developed excellent processes, checklists, and other ideas for getting great results for our clients. We are now working on building a web application to bring rigor so that every client gets the very best possible service. Super excited about it!
One of the things that helps separate Coalition from our competitors is that I work every Saturday and Sunday. My last full day off was November 5th, 2016. Most days I work at least 6 hours including on the weekends. Weekends are actually my favorite time to work because I am not getting constant messages from clients and employees with questions.… read more “Weekend Work”
If you could walk everywhere instead of having to get in your car to drive half an hour to work, then five minutes to a lunch spot, then after work another ten minutes to the gym and finally a half hour back home, wouldn’t that add greatly to your quality of life? 30 + 5 + 10 + 30 = 75 minutes a day spent in your car. … read more “Disincentivize Driving”
I am thinking about joining Vistage to get some help and advice to improve my management of Coalition.
I woke up in the middle of the night last night with this thought.
What do I mean by it? We should not do things today that make our future worse. We also should not sacrifice our happiness and fun today for an imagined tomorrow.