"The Plateau Effect: Getting From Stuck to Success" explores what causes people to "get used" to things and quit striving to max their potential and happiness. » Read More
GUEST AUTHOR BLOG: by Stephen Key author of "One Simple Idea for Startups and Entrepreneurs: Live Your Dreams and Create Your Own Profitable Company."
There are many people with product ideas who would love to start their own business, but never do.
A crippling fear of failure prevents them from committing their time, energy, and money to pursuing a dream.
Unfortunately, most of these people don't realize that there are many ways to quickly and efficiently test the potential of their ideas without breaking the bank.
I've spent the last thirty years perfecting a low-risk strategy to determine the strength of my ideas in the market before committing to building a business.
Does your idea have what it takes to make it?
GUEST AUTHOR BLOG by Michael J. Mauboussin author of "The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing."
Say you're an investor looking to put some money to work in the market through a mutual fund. How do you pick which fund you'll invest in?
If you're like most people, you'll find a reputable investment company and scan for the funds that have done well recently. The chances are good that you'll buy one of these winners — and that you'll live to regret the decision. In fact, professors of finance calculate that buying high and selling low costs investors 1 percent of their returns every year, a sizeable sum.
GUEST AUTHOR BLOG by Lori Ann LaRocco author of "Dynasties of the Sea: The Shipowners and Financiers Who Expanded the Era of Free Trade."
Looking for a compass to navigate the uncertain waters of the markets? There is an industry that can help guide investors. It's the shipping industry. Shipping experts say 92% of all the items in a home have been transported by vessel. Investors normally use the Baltic Dry Index as a gauge of economic health, but by looking inside the containers and tankers and seeing the volume and the quality and quantity of the products that are being transported, the shipping industry can be a forward looking indicator for the various economies. This can then help investors make decisions on where the next land of opportunity may be and what resources, materials or products these countries will need to fuel their economic expansion.
GUEST AUTHOR BLOG by Kerry Hannon, author of "Great Jobs for Everyone 50 : Finding Work That Keeps You Happy and Healthy ... And Pays the Bills."
GUEST AUTHOR BLOG: A Simple Way to Liberate Organizational Creativity by Bryan Mattimore author of "Idea Stormers: How to Lead and Inspire Creative Breakthroughs."
GUEST AUTHOR BLOG: by Robert Pozen author of, "Extreme Productivity: Boost Your Results, Reduce Your Hours."
GUEST AUTHOR BLOG: The Test of Time: Ben Graham in 2012 by Joe Carlen, author of "The Einstein of Money: The Life and Timeless Financial Wisdom of Benjamin Graham."
It was 1914, nearly one hundred years ago, when a twenty-year old Benjamin Graham began working on Wall Street. Within a few years, his views on the market were already being circulated in the financial press of that era.
By 1932/1933, wizened by his experiences during the Roaring Twenties and The Great Depression and six years of teaching security analysis, his views had crystallized into a comprehensive system of bond and common stock selection.
During that time, Graham, along with his assistant course instructor David Dodd, codified that system in a 600 page volume drawn mainly from Graham's already legendary security analysis classes at Columbia University.