Jan
12

istock_000003599393xsmallJust as there are two main political parties in the U.S., so, too, does there seem to be two main income-earning paths that people pursue:  (1) be an employee, or (2) be an entrepreneur. 

Of course, there are the Switchers, those who leave the “safety” of employment for the “risk” of self-employment.  The Switchers have been more of the minority to date.  But, what if that tide is turning?  Will our current economic crisis create a larger percentage of  employees or entrepreneurs? 

I hear more and more how “the Depression Era created more millionaires than any other time”, that “this financial crisis is our biggest break“.  Now is also a time of much rightly placed mistrust and suspicion. And, we are again and again reminded that what appears ”too good to be true” probably is.  What are we to make of all this well-meaning advice? 

Isn’t pursuing our dreams ”risky”?  If people don’t pursue their “dreams” because they don’t know how (or are afraid they won’t be able) to make a profitable living at it, is that really an unwise decision?  Living the life of the stereotypical “starving artist” doesn’t make society a better place for anyone, right? Read more »

Nov
30

sorosWriting a Book Review of sorts can be intimidating. I’m sure it’s common to feel hesitant about being able to adequately come anywhere close to doing justice to the many inter-related ideas an author has expressed in his work.  At the same time, there is an eagerness to share the insights gleaned from their work as well.  The latter is what I will attempt to do here. 

The book I’ll be referring to in this post is George Soros’ “The New Paradigm for Financial Markets:  The Credit Crisis of 2008″.  I am by no means any kind of a financial expert. While I’m sure that different people will focus on different aspects of this book, my aim is to simply express the main point that stood out for me.  That happens to be the human element of the equation. 

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