7 Wealth-Building Lessons from Billionaires

There is no shortage of billionaires today. In 1985, there were fewer than 20 of them. Today, there are more than one thousand. Wealth is gradually moving away from the United States. In 2003, eight Americans made the top 10 in Forbes’ annual list of billionaires. This year, only two (Warren Buffett and Bill Gates)…

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10 Dumb Ways to Start a Business

Entrepreneurship is based on selling. You test the market with a product you think will sell well. If it does, you keep selling. If it doesn’t, you try something else. This approach lent its name to my most recent best-seller: Ready, Fire, Aim. The main idea is that to start and grow a small business…

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Invest Like a Dealmaker

The average investor has the wrong idea about how the stock market works, Mayer says. “He thinks about the price of his stock in terms of its quoted stock price. But even then… he often misunderstands what that price represents.”

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