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Deciding What to Do with your Life As a founder, you’re trying to decide what to spend the next few years of your life working on. The reason you want to be lean and analytical about the process is so that you don’t waste your life building something nobody wants. Or, as Netscape founder andContinue reading “Lean Analytics 3”

How to Keep Score Analytics is about tracking the metrics that are critical to your business. Usually, those metrics matter because they relate to your business model— where money comes from, how much things cost, how many customers you have, and the effectiveness of your customer acquisition strategies. In a startup, you don’t always knowContinue reading “Lean Analytics 2”

We’re All Liars Let’s face it: you’re delusional. We’re all delusional—some more than others. Entrepreneurs are the most delusional of all. Entrepreneurs are particularly good at lying to themselves. Lying may even be a prerequisite for succeeding as an entrepreneur—after all, you need to convince others that something is true in the absence of good,Continue reading “Lean Analytics 1”

Live Like No One Else: REACH THE PINNACLE POINT Total Money Makeover Progress CheckIf you are like most people I encounter in the day-to-day routine of my life, you began this Total Money Makeover workbook a little skeptical and yet hopeful. You probably felt financially flabby and out of shape— overweight with debt and withoutContinue reading “The total money makeover workbook 13”

Arnold Schwarzedollar, Mr. Universe of Money: BUILD WEALTH LIKE CRAZY Total Money Makeover Progress CheckAt this point:• You are completely debt-free; • you have three to six months of expenses (usually about $10,000 minimum) in an emergency fund; • you are putting 15 percent of your before-tax gross income into retirement savings each year; •Continue reading “The total money makeover workbook 12”

Be Ultrafit: PAY OFF THE HOME MORTGAGE Total Money Makeover Progress CheckAt this point:• You are debt-free except your house; • you have three to six months of expenses (usually about $10,000 minimum) in an emergency fund; • you are putting 15 percent of your before-tax gross income into retirement savings each year; and •Continue reading “The total money makeover workbook 11”

Make Sure the Kids Are Fit Too: COLLEGE FUNDING Total Money Makeover Progress CheckAt this point:• You are debt-free except your house; • you have three to six months of expenses (usually about $10,000 minimum) in an emergency fund; and • you are investing 15 percent of your before-tax gross income in retirement funds.You areContinue reading “The total money makeover workbook 10”

Be Financially Healthy for Life: MAXIMIZE RETIREMENT INVESTING Total Money Makeover Progress CheckAt this point:• You are debt-free except your house, and • you have three to six months of expenses (usually about $10,000 minimum) in an emergency fund.You are poised to start building wealth! This chapter covers Baby Step Four.Key Concept #1 Decide HowContinue reading “The total money makeover workbook 9”

Kick Murphy Out: FINISH THE EMERGENCY FUNDTotal Money Makeover Progress CheckOkay . . . breathe deeply. It generally takes people eighteen to twenty months to complete the first two steps in the Total Money Makeover plan. By the time you reach this step:• You have $1,000 in cash, and • you have no debt exceptContinue reading “The total money makeover workbook 8”

Lose Weight Fast, Really: THE DEBT SNOWBALLTotal Money Makeover Progress Check Congratulations! You have taken the first step . . . and, as we all know, sometimes the first step is the most difficult, as well as the most important. You have $1,000 in your emergency fund. Feels good, doesn’t it? (Did you think youContinue reading “The total money makeover workbook 7”