by Mr. Cheap on October 29, 2009
Eaton’s was a famous Canadian department store which was famous for it’s catalog, being a pioneer in having a “no haggling” policy and for its slogan “Goods Satisfactory or Money Refunded.” Combined with the Eaton’s reputation, this provided a powerful guarantee to customers: either they’d be satisfied with a purchase, or they would get their [...]
by Mr. Cheap on October 13, 2009
When I start writing up a wacky business idea, one of the things I do is a quick search to see if someone has already done something similar. I don’t spend hours on it, but I’ll look for 5 or 10 minutes. In many ways it’s surprisingly rare to find someone is already doing what [...]
by Mr. Cheap on September 3, 2009
I was talking to a friend recently and used the term “ramen profitable”, which she found incredibly amusing. I realized that I had never used the term on the blog or posted about it, even though it’s a very useful perspective on starting a business.
The term was coined by Paul Graham, and he discusses it [...]
by Mr. Cheap on August 27, 2009
Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or someone’s already doing it dumbass (and they provide a link). Both are valid reactions to any of my business ideas .
A few years ago [...]
by Mr. Cheap on August 13, 2009
Confucius says “Man without smiling face should not open store”
When I lived at Bathurst and St. Clair, in Toronto years ago, there was a steady stream of new businesses opening and closing. It was great for me, as I loved to try new restaurants, but it got to the point where I could tell when [...]
by Mr. Cheap on June 2, 2009
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or [...]
by Mr. Cheap on May 21, 2009
One of the things that really impressed me when I first met Mike was HOW involved he was in the personal finance blogging community. When he found a blog he liked, not only would he add it to his RSS reader and start following it (and commenting at it), but he’d dig in and read [...]
by Mr. Cheap on April 30, 2009
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or someone’s already doing [...]
by Mr. Cheap on April 9, 2009
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or [...]
by Mr. Cheap on March 24, 2009
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or [...]
by Mr. Cheap on March 16, 2009
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or [...]
by Mr. Cheap on February 12, 2009
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or [...]
by Mr. Cheap on November 13, 2008
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or [...]
by Mr. Cheap on October 29, 2008
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or [...]
by Mr. Cheap on October 10, 2008
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or [...]
by Mr. Cheap on September 26, 2008
As a disclaimer to this post, I’ve only really run one business, which never had any employees and failed. With that being said, the ideas in this post have come from more successful entrepreneurs, and when I’ve run it past other people who run their own business they’ve found it intriguing.
“The E-Myth” by Michael [...]
by Mr. Cheap on September 24, 2008
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or [...]
by Mr. Cheap on September 22, 2008
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or [...]
by Mr. Cheap on September 5, 2008
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or [...]
by Mr. Cheap on September 4, 2008
A big challenge for anyone running their own business is determining the right price to charge.
There are all sorts of ideas that claim to give you the right price (such as the idealized “supply and demand” curve from economics), and all sorts of wacky exceptions (such as loss leaders at the grocery store).
Many technical people [...]
by Mr. Cheap on August 26, 2008
Enter in the Giant Book Giveaway if you haven’t already!
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two [...]
by Mr. Cheap on August 15, 2008
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or [...]
by Mr. Cheap on July 28, 2008
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or [...]
by Mr. Cheap on July 18, 2008
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or [...]
by Mr. Cheap on July 9, 2008
In a comment on a post a while back MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or [...]
by Mr. Cheap on June 24, 2008
In a comment on a recent post MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or someone’s already [...]
by Mr. Cheap on June 17, 2008
In a comment on a recent post MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or someone’s already [...]
by Mr. Cheap on June 10, 2008
In a comment on a recent post MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or someone’s already [...]
by Mr. Cheap on June 5, 2008
In a comment on a recent post MoneyGardener expressed interest in hearing some of the business ideas that I’ve had and never developed. Scott Adams writes some of his business ideas on his blog, and he says people react in one of two ways, they tell him either: it’ll never work dumbass or [...]
by Mr. Cheap on January 2, 2008
The Baglady recently mused about setting her blog up as a business and earning income from it. A number of bloggers who have typically been employees and are thinking about trying to earn some cash running a business probably go through this thought process and don’t know what to do.
When I was starting [...]
by Mr. Cheap on October 4, 2007
Apparently Alan Greenspan has gone on record saying a recession may be coming. He doesn’t think its likely (less then 50% chance), but its a possibility. Others (also mentioned in the article) think a recession is far more likely to hit other economies/markets. This got me thinking, if a recession is coming or has hit, [...]
by FourPillars on September 20, 2007
I’ve read a lot of posts on various blogs about being frugal. I’ve never been one to worry about my spending until about a decade ago when I decided to stop spending more money than I made. Since then I’ve been a lot better with money but it’s only been the last year [...]
by Mr. Cheap on May 28, 2007
Continueing in the same vein as yesterdays new financial products post, another product I’d like to see is “segmented” loans. Basically these would be exactly the same as regular loans, except that you would be able ot “tag” part of them for specific uses, and those tagged parts would each be individually tracked.
e.g. say [...]
by Mr. Cheap on May 24, 2007
I’m always attracted to the idea of standing on your own two feet and running a business where your compensation is directly in sync with your productivity, and the only person your beholden to is your customers. I’ve tried starting a fair sized venture (a software company that I devoted myself to full-time for [...]