Author Archives: mark

Economics is all about theory. And in theory, money flows about the world in predictable, fair and efficient ways. In theory. In a perfect economic world, companies would compete with each other, eternally striving towards monopoly–one company completely controlling the … Continue reading →

Leadership is credibility. Credibility means people believe you’ll do what you say you’ll do. Doing what you’ll say you’ll do means people will trust you. You can’t lead people without trust. You can’t lead people without having a place to … Continue reading →

Most people think of “marketing” as “sending fancy fliers in the mail or making banners for trade shows.” But that’s “Marcom,” or “marketing communications.” Real marketing is the art of building the right product for the right audience and getting … Continue reading →

A dollar today is not worth the same thing as a dollar a year from now. If you promise to give me a dollar in a year, I can’t do anything for a year. But if you give me a … Continue reading →

Big businesses are not all that different from high school. There’s the way that things are supposed to work–you’re not supposed to have to worry about your teacher/boss bullying you or your classmate/coworker taking credit for your work, and the … Continue reading →

Assets = Liabilities + Equity. That’s all there is to accounting. Your assets represent the things you have that have value…your house, your possessions, your education. Your liabilities represent the money you owe for those assets. Your equity represents the … Continue reading →

My MBA is almost complete! In celebration of my impending graduation, I thought it would be fun to go through every class I’ve taken and, once a day, briefly summarize what it taught me. I’m not planning to just comb … Continue reading →