A colleague of mine sent me an email with this statement: “Let me just say that in a democratic society such as ours “government” is not a separate entity, rather it is the creation of the voters, i.e., citizens. I think it is wrong to blame the government when it is nothing but an extension …
Is It Fair to Blame the Government When We Created It? Read More »
My ancestors (at least some of them) came from Ireland. I know a few names and places but really don’t know much about them. However, I have read a lot of Irish and American history, and the story I relate to you below is certainly possible. The story is a parable. I hope you enjoy …
The other day I spoke with a gentleman and his partner. One of them had purchased my book “Secrets to Raising Capital” and he had some questions about raising money for their business. He and his partner, a computer programmer, had developed a product (service) that would be of interest to a specific target market. …
Raising Money? You Need to Be Able to Answer These Three Questions Read More »
One of the most frustrating things we consumers must deal with is the dreaded credit reporting agencies, like Experian, Equifax, and Transunion. I’ve previously written about credit reporting agencies including “Taking Advantage of Low Interest Rates Dropped my Credit Score by 40 Points” and “Why Did it Take Seven Months to Fix a Mistake on …
Credit Reporting Agencies are as Logical as Flying Cows Read More »
I like Smart and Final. Its stores are kind of a blend between one of those wholesale warehouse operations like Costco, and your local grocery store. While the Smart and Final stores are much smaller than a Costco, the stores carry both a selection of bulk package items suitable for restaurants and other institutional buyers, as well as …
I wrote this article a few years ago but I am republishing it here because when I went back and reviewed it, it makes even more sense today, with the economic challenges of Covid-19, than when I first wrote it in response to an article by Cynthia Tucker published a few years ago. Cynthia Tucker, …
Powerstar Energy Storage Systems (“Powerstar”) was founded by Mr. Dave Simons (names and details changed for confidentiality purposes) to develop and build large format energy storage systems. Energy storage has become a subject of great interest to power companies and governments as the production of electrical energy moves beyond traditional hydro-dam projects and coal burning …
Narcissist or Mad Scientist – Think Twice About Putting One on Your Team Read More »
Recently the personal finance site MoneyGeek asked me to answer some questions related to cash back and reward program credit cards. Following are my responses. What mistakes do people make with credit cards, and specifically rewards programs? The biggest mistake people make with credit card rewards programs is thinking that charging everything to the credit …
Quoted on MoneyGeek.com on Cash Back and Reward Program Credit Cards Read More »
One piece of advice I regularly give business owners is to find a business bank to bank their businesses and to get to know someone at that bank. The responses I get typically include “Well, I use one of those big banks for my personal banking so it’s more convenient” or “I don’t need a …
A Tale of Two Banks – Or Why You Need a Business Bank Read More »
Michael Manahan is an author, financial strategist, consultant, and professor. He has been featured and quoted on the financial websites Yahoo Finance, WalletHub, MoneyGeek and The Motley Fool for his advice on personal finance his work with the Polk Institute, and he is the host of Biz Rap podcast. He is the co-founder of the Polk Institute Foundation. His publications include “The Secrets to Raising Capital,” “The Key to Landing a Job – The Interview” and “The Secrets to Job Success.” Mr. Manahan served as chief financial officer for three publicly traded companies, has started and owned seven small businesses, and as an advisor has worked with more than 150 management teams. As a teacher of finance and accounting at California State University Dominguez Hills, Mr. Manahan is educating the CEOs and CFOs of the future.
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