My friend Kenny recently shared 5 quotes about money with me:
1) ” I am indeed rich, since my income is superior to my expense, and my expense is equal to my wishes.”
– Edward Gibbon, English Historian & Member of Parliament
2) “Money is not the most important thing in the world. Love is. Fortunately, I love money.”
– Jackie Mason, Comedian
3) “If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.”
– John Maynard Keynes, Economist
4) “We pay for the mistakes of our ancestors, and it seems only fair they should leave us the money to pay with.”
– Donald Marquis, Humorist & Writer
5) “Is it not sheer madness to live poor to die rich?”
– Juvenal, Writer
Thanks to Kenny — a successful restaurant/cafe owner friend of mine — for sharing these awesome Chinese proverbs (in no particular order):
1) The best time to plant a tree was 20 years ago. The second best time is today.
2) Much talk does not cook rice.
3) Man who waits for a roast duck to fly into his mouth must wait a very, very long time.
4) A friend is one who enters in when the whole world has departed.
5) Hire a young carpenter but consult an old physician.
6) Those who do not read are no better off than those who cannot.
7) If you want to know your past, look into your present conditions. If you want to know your future – look into your present actions.
To open a shop is easy, to keep it open is the art of survival.
9) Make no promises when you are seized by joy; write no letters when you are seized by anger.
10) If you must play, decide on three things at the start: the rules of the game, the stakes, and the time to quit.
11) A man who has committed a mistake and does not correct it is committing another mistake.
12) Those who say it cannot be done should not interrupt those doing it.
13) Be not afraid of growing slowly, be afraid of only standing still.
Steve Jobs told Stanford students that when he wakes up each day he tries asking himself:
“If this were my last day on earth, would I be happy with my to-do list.”
And if his answer is “no” for three or four days in a row, he does something about it.
Well, a goal in my life is to help people explore their passions, ideally in a way that helps them make a living.
I thought I’d share three steps that I used to further my own career passions.
Ok, so let’s dig in…
It starts with picking a passion — your passion may be obvious to you ( politics, sports, medicine, photography religion) and you’re good to go.
If your passions are not obvious to you, ask those closest to you (friends, colleagues, family members) what they think. …
A sharp colleague of mine vented about some frustrating things about using Paypal (as a seller).
I wanted to share this so that:
Here are the 5 Frustrating Things About Paypal
To do batch payments (i.e pay a load of affiliates or staff by uploading a spreadsheet with the data) you have to first fund the PayPal account – this can only be done by bank transfer which takes a long time and means you need to predict the payment amount up front and fund it beforehand.
This is a cumbersome process. Uploading the CSV and just being able to pay immediately without preparation as with any other payment would be helpful.
PayPal support was pretty awful in the past, although it is getting better and you can now actually find a phone number on their site to call them, but from what I read they only did that because of legal pressure, which is a signal of how the company works.
Paypal is quite expensive. Enough said!
They randomly block funding sources for security reasons. This means at times I am unable to make payments or it delays payments that have to be sent by eCheque.
PayPal won’t rectify it if you contact them, the problem just disappears – it happens more to me when travelling.
If you have subscribers or are subscribed to a service via PayPal, then PayPal will automatically cancel the subscription when your credit card expires, you change a credit card and a few other reasons – I have lost a lot of paying subscribers this way.
PayPal does not explain this process very well to subscribers so a lot get confused and don’t know what they are subscribed to, or how to fix it.
Secondary ticket vendor SeatGeek got more financing ($550,000 from its New York-focused investors) and I see them getting super-popular.
This New York-based startup does a fantastic job of aggregating concert and sports tickets from such after-market Web sites as:
The reason I think they’ll do so well is that if customers are like me they have this feeling that they’re getting ripped off when they check out just StubHub for tickets — SeatGeek gives you a few other options so users should take comfort that they’re getting a much better price.
And some of you ask me for tips on new companies to work for; I notice that SeatGeek has 6 openings right now:
Here are my notes from the panel:
- Drum up publicity (because people saw the film promoted on Groupon)
- Sold tickets to the actual movie
Note: He’d like to see more demographic information on these customers that Groupon generated for hm
Note: The panel was moderated by Erick Schonfeld and David Hornik.