Posts Tagged ‘entrepreneurship’

Video For Entrepreneurs: Tracking Startup Capital in a Spreadsheet

Video For Entrepreneurs: Tracking Startup Capital in a Spreadsheet

By The Banker | Audio Posts, Texas, Video

I periodically produce instructional videos for a local micro lender named Accion Texas. They support and lend to young and startup companies that might otherwise get overlooked by the traditional banking industry. In fact one of the key conditions of being an Accion Texas customer is a prior rejection for a bank loan application. The [&hellip

Book Review: The Millionaire Mind by Thomas J. Stanley

Book Review: The Millionaire Mind by Thomas J. Stanley

By The Banker | Book Reviews, Personal Finance

The Millionaire Mind by Thomas J. Stanley did not win the acclaim of its predecessor The Millionaire Next Door, but I consider it an equally valuable resource for personal financial education. As with The Millionaire Next Door, which I reviewed earlier, Stanley conducts a type of ethnographic study of multi-millionaires, surveying them on attitudes, life [&hellip

A Source of Angel Funds: Your IRA

A Source of Angel Funds: Your IRA

By The Banker | Blog Posts, Investing, Personal Finance

Karen Blumenthal’s column in The Wall Street Journal over the weekend featured two of my favorite topics, self-directed IRAs and entrepreneurship, in a combined article.  The details in the article, as well as the details of using a self-directed IRA to fund a small company, are complex. ·         You can’t lend money personally to the [&hellip

On Entrepreneurship, Part III - the air, the taxes, the retirement

On Entrepreneurship, Part III – the air, the taxes, the retirement

By The Banker | Blog Posts

The air is just different owning business equity rather than earning a fixed income with a salary.  Can you smell it? I left Goldman in 2004 and have been downwardly mobile, career-wise, ever since.  I’ve also never been happier. I’ve written before that one of the keys to feeling and being wealthy is do something [&hellip