In the year 2008, Musee Mary Quinto started purchasing overrun dresses from clothing factories for a very low price. She customize, redecorate, and then sell these items on a markup price. This was her creative yet unique method to generate profit and reducing the amount of clothing rejects disposed by these factories. After several years… Read more
One of Warren Buffett and Charlie Munger’s “mental models” is called “Circle of Competence”. A Circle of Competence is basically the stuff that a person knows really well, something that they’re an expert in. The problem is that most people think their Circle of Competence is much larger than it really is. They think they know… Read more
Ambition certainly can be the enemy of gratitude. I feel increasingly grateful as the years pass me by. This year I feel especially grateful for the following: A healthy body that does not distract from goals and enjoyment of this amazing life. What an unfair gift. A fun, supportive, loving, and adventurous wife. The poor… Read more
Every week I get asked “How can I make money” from my non-entrepreneurial friends, so I thought I’d put together a simple, yet powerful list to help spark interest or give a little direction to anybody who wants to build financial wealth in their lifetime. I’ve picked up a lot of these concepts from super… Read more
People often confuse the words “speed” and “velocity”, or use them interchangeably. However speed is only one part of the velocity equation. Velocity has two parts: Speed & Vectoror, in different terms:Results have two parts: Hustle & Direction One can climb 5 steps and then descend 5 steps with a lot of speed (hustle), but… Read more
I first came to China 6 years ago. I rode economy class and didn’t sleep a wink on that 16 hour flight. I couldn’t afford anything better than the $30 a night local (read horrible) hotels. I rode the metro to all appointments. The first question I would ask any vendor was MOQ? (Minimum order… Read more
When I used to work for Fry’s Electronics, and as a stock broker for Fidelity, I hated every single minute of my life. Even when I wasn’t at work, I just sat around dreading going back to work. At work I would stare at the clock imagining the hands would speed up so I could… Read more
Angel Capitalist project recently funded an inventory & manufacturing loan to a talented clothing designer, Marthena Mercier, here in Metro Manila Philippines. I was thrilled and humbled to receive news that they named their latest line after my family name. Great things to come for them! Read more
This is my private email correspondence with one of the closest people in my life suffering with debilitating failure and depression. One email on the topic of finance: “Dear xx, I think I can give you a piece of advice that might be very beneficial. I don’t think most people can sort through what I’m… Read more
