Scrooge Strategy

Archives —
September, 2006

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8

A few interesting links to check out

I’ve been moving to a new place, so posting has been light this week. But check out the 60+ comments on my post about spending money strategically and not being cheap. According to the commenters, I am right/wrong/eloquent/unqualified, and more. Also, one person accused me of being a greedy bastard, which made me laugh. Anyway, [...]

103

Stop being cheap and go buy something valuable today

Let’s start the week off right: with me getting really angry and threatening to throw heavy things at people.
Guys, I am so tired of hearing about young people sabotaging themselves by being cheap. Not frugal, cheap. (There’s a difference.) Let me tell you why using an example from the recent IWillTeachYouToBeRich chat I recently held.
During [...]

3

Friday Entrepreneurs: Wei Yang, CallForSitters.com

Today, I’m featuring Wei Yang, 27, from CallforSitters.com, a site that connects babysitters and parents. It’s cool because it has the classic chicken-and-egg problem, yet it has nearly 100,000 users! If any of you have business ideas that only become useful after a lot of people join, check this one out. As you read below, [...]

16

And then what?

Something cool happened to me. Yesterday, I was quoted in the New York times for PBwiki (check the last 2 paragraphs). It felt great, and my parents are proud of me.
It also made me think about the odd goals we set for ourselves. For example, I spend a lot of time figuring out marketing strategy [...]

14

Don’t check your stocks every day

Don’t be a moron. If you check your stocks every day and worry about the daily variations in your net worth, you’re being dumb.
Now, if you enjoy reading Smart Money and Forbes and watching chairs being thrown on CNBC, then by all means–go for it as a hobby. But remember, their “secret stock ideas” are [...]

1

Friday Entrepreneurs: Steve Ressler of Young Government Leaders

For this week’s Friday Entrepreneurs post, I interviewed Steve Ressler. He founded Young Government Leaders, an organization that brings federal employees together outside of work. Steve is 25 and YGL now has over 2,500 members. As you read, note a few things:

This wasn’t a fancy idea. It was based on getting together after a happy [...]

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