What is passive income, how do I get it?

Passive income simply means money that you can receive without exerting effort. And by this definition it does not exist. I think what people mean to say is “money you can receive with very little effort”. Well in that respect I suppose some things somewhat fit the bill. If you own a home and rent out that home to tenants,… Read more »

I’m choosing a degree (or trade route), how do I know what to choose?

This is a critical decision and not to be taken lightly. Degrees are not what they used to be, but the right degree can still be necessary and advantageous to a person wanting to make a fortune. A sage piece of advice I can give here. There is a big difference between studying something and doing it as a profession…. Read more »

I’ve got a great idea for a product/service, what now?

Sorry to burst your bubble but ideas are cheap. Ideas are worth zero dollars. Everyone has an idea for the next Snuggy, the next Facebook, the next McDonalds. Having the money and knowledge to execute an idea is rare, and that is where the power lies. If you truly believe you have a great idea, you need to partner with… Read more »

What are some good general business books to read?

There’s probably about a couple dozen must reads for the businessman. People debate on what’s good and what is shit. Kiyosaki’s stuff seems helpful but obvious. 48 Laws of Power was decent. Some people like The Richest Man in Babylon and The Millionaire Next Door. Here is a quick no bullshit list: 1. Rework Most business books give you the… Read more »