If you want to know how to get the best deal possible and learn how to negotiate like a pro, remember this simple acronym: BATNA. Imagine yelling "BATNA!" in excitement as you bat a home run out of the park to help you remember the acronym. BATNA stands for Best Alternative To a Negotiated Agreement. I've used BATNA to save a couple hundred thousand dollars in the purchase … [Read more...]
What’s Wrong With Subsidizing People Who Don’t Want To Work?
Jeff Bezos' article in The Washington Post recently lit a firestorm discussing how two people were able to quit their jobs thanks to Obamacare. One of the first things I thought about when Obamacare passed was how awesome it will be for early retirees and folks who must work at miserable jobs just for the health care to be able to break free more easily. Thankfully, my … [Read more...]
The Secret To Never Being Frustrated, Disappointed, Or Offended Again
I've recently discovered the downside of caring. When you care about making something a success or helping someone get out of their rut, it becomes incredibly frustrating when they don't take your advice. After being ignored one too many times, I give up. I will happily go with whatever you say and my words now consistent of, "Yes sir!" "Yes ma'am!" "I'm happy to do whatever … [Read more...]
When Should I Buy Property? When You Can Afford It
Your return on rent is always -100% every month, forever. Some will say that rent is not an investment, but an expense, and they are absolutely right! Rent is never an investment because you will never get a return on it, no matter how hard you try. At the end of 10 years, your $2,000 a month rental "investment" will net you negative $240,000 in after tax dollars, which equates … [Read more...]
Startups Can And Will Make You Rich! Meet Buffer’s Salary Transparency System
This article was originally going to be entitled a not so flattering, "No Wonder Why Startups Fail So Often." But after thinking things through, I've come to realize that my previous assumptions on "The Startup Riches Myth: Sell Your Company For Millions And Still Not Be A Millionaire" were too pessimistic. We are in a raging bull market after all! Buffer is a 3.5 year old … [Read more...]