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How to Start a Business in Five Hard Steps
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Continue reading →: How to Start a Business in Five Hard StepsElon Musk famously quoted a friend saying, “starting a business is like staring into the abyss and eating glass.” Not very encouraging, but there is truth in this statement. Starting a business is hard. It will take longer than you think, it will cost more than you think and the…
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Continue reading →: M1, M2, and the Money Game: How Cash Shapes Prices and StocksAt DailyDime we like to make money talk easy to understand. One of the biggest money topics in economics is the money supply. That might sound boring, but it has a huge effect on inflation, interest rates, and even your stock portfolio. Two of the main measures of money are…
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Continue reading →: Best Robo-AdvisorsA robo-advisor is an online investment platform that uses automated algorithms to build and manage your investment portfolio. Instead of working directly with a financial advisor, you answer a few questions about your goals, risk tolerance, and timeline. The robo-advisor then creates a diversified portfolio, often made up of exchange-traded…
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I, Pencil
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Continue reading →: I, PencilHave you ever stopped to think about a plain old pencil? It looks so simple. But making one needs help from people all over the world. This idea comes from a story called “I, Pencil,” written long ago. Today, it helps us understand why President Trump’s new tariffs might cause…
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Continue reading →: Rudyard KiplingIf— If you can keep your head when all about you Are losing theirs and blaming it on you;If you can trust yourself when all men doubt you, But make allowance for their doubting too:If you can wait and not be tired by waiting, Or being lied about, don’t deal in lies,Or being…
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Continue reading →: Tariffs 101Tariffs 101: What They Are, How They Work, and Who Really Pays On April 2, 2025, the U.S. government announced a new round of tariffs, part of what’s been called “Liberation Day” by some in Washington. These new tariffs hit a wide range of imported goods, from industrial components to…
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Continue reading →: IkigaiIkigai is a Japanese concept that means “a reason for being.” It is a combination of four elements: what you love, what you are good at, what the world needs, and what you can be paid for. I came across the idea of Ikigai and it just clicked. We’ve all…
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Continue reading →: Why You Must Read “Think Big, Buy Small”This book is a must-read for any entrepreneur aiming to buy a small business. With two decades of experience in banking, venture capital, and serial entrepreneurship, I found “Think Big, Buy Small” invaluable. It’s a dense, step-by-step guide to identifying, evaluating, and closing on a small business. Entrepreneurship through acquisition…
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Continue reading →: What is a B Corporation?I recently invested in a buddy’s startup, and while browsing their website, I noticed they were listed as a B Corp. Given that I receive a K-1 each year indicating they are set up as an LLC, I was curious about what being a B Corp actually entails. Like many…
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Continue reading →: Charles BukowskiRoll the Dice if you’re going to try, go all theway.otherwise, don’t even start.if you’re going to try, go all theway. this could mean losing girlfriends,wives, relatives, jobs andmaybe your mind.go all the way.it could mean not eating for 3 or4 days.it could mean freezing on apark bench.it could mean…
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