Going Into a Cannabis Business?
The cannabis industry has a lot of handicaps. In Oregon, though legal to sell for both medical and recreational purposes there are still very significant state regulations imposed on the industry.
Keep Your Mouth Shut
I work with lots of partnership problems. The hardest part of my job is dealing with “loose lips”. There was an expression during the time of WW2 that “Loose lips sink ships”.
Clean Up Your Computer
No, your computer won’t slow down as you save stuff. It’s not like adding weight to the trunk of your car. However, if your computer is approaching ‘full’, it could slow down and it could increase the likelihood of crash.
Be Careful Out There
Business going well? Everything on track? Sure? It’s time for a reminder. That next big crisis is right around the corner. We won’t see it coming because it won’t look like the last one. It will be new and unexpected. Kaboom. You’re in it. Are...
Uncertainty
Daily I see overconfidence in business. I see too much faith placed in forecasts. I see big bets placed on anticipated market growth. I see investment in businesses that are near bankruptcy. I see these things because people tend toward certainty. They start with a belief and then look for all evidence supporting that belief while ignoring anything that contradicts that belief.