(This post originally appeared on Inc.)
Hillary Clinton is experienced, smart, well-funded and hard-working. She’s running a business in the guise of a Presidential campaign. But she’s got a huge problem: She’s getting beaten (so far) by a grumpy old socialist, of all things. She barely squeaked out a win in Iowa, is projected to lose in New Hampshire and is now running even in the national polls. And did I mention her opponent is a grumpy old socialist? As a leader in charge of a multi-million dollar organization that employs thousands she’s getting killed so far. Why?
“A leader is a dealer in hope.”
She isn’t communicating her vision. Read More…
(This post originally appeared on Fox Business)
The New Hampshire primaries are only a day away. And in a state with approximately 800,000 voters, one block in particular will have a significant effect on the results for both parties: the tens of thousands of small business owners – and the hundreds of thousands of people who work for them (according to the Census Bureau). What are they thinking as they head to the voting booths Tuesday?
The issues they face certainly aren’t new. A slow growing-economy is a recurring theme. Read More…
(This post originally appeared on the Huffington Post)
Carl’s company (a real client of mine with names changed) designs custom furniture. He has about 25 employees. It’s a family business that he took over from his dad more than twenty years ago. Carl has a 401(K) retirement plan for his employees. It’s been in place for years.
Sure, it’s a cost–but it’s not that significant. At the time Carl spent under a thousand bucks to get it setup (many good financial services firms from Vanguardto Capital One to Fidelity) will do this for a nominal charge, and some are even known to waive setup fees in certain cases. 401K plans have become cookie cutter with standard investment choices and agreements drawn from long used templates. Carl pays about a hundred bucks a month for administrative fees. He also has a matching program, which is completely discretionary and based on the company’s profits. The plan is open for all to join. Unfortunately, less than half of his employees participate.
Why is this? Read More…
(This post originally appeared on Entrepreneur)
Did you hear about the woman this week who “almost passed out” after being charged $640 (instead of the normal $50-$70) by Uber for a 30 minute cab ride to the airport? Welcome to surge pricing! Are you familiar with this practice? It’s become part of our vernacular, thanks to Uber.
People think it’s a new thing, but it’s really not.
Surge pricing, in case you haven’t heard of it, is Uber’s practice of adjusting its prices based on demand and other factors. Like our airport customer above, and like a friend of mine from the Bay area who had a similar experience last New Year’s Eve when he booked a ride home from a restaurant only to find out he was to be charged more than three times Uber’s normal fare. Read More…