July 26, 2017

Archives for January 2017

How quickly can a start-up achieve a billion-dollar valuation?

Imagine you have finished your MBA and have decided to set up a business on your own. You have a great idea for a new product/service that you believe will fill a gap in the market. The only problem is that this will require money to get off the ground and you don’t have that […]

I promise to pay the bearer

Money has three functions. It acts as: a medium of exchange; a unit of account; a store of wealth. On every Indian 500 Rupee note it states “I promise to pay the bearer the sum of Five Hundred Rupees.” It is signed by the Governor of the Reserve Bank of India (RBI). This allows Rupees […]

Will Finland’s Basic Income Experiment Work?

What do you think about giving everyone in your country a basic income? No matter if you are employed or unemployed, young or old, rich or poor? Social benefit systems can be extremely complex and bureaucratic. Basic income proposals seek to simplify those expenses by eliminating complex benefit systems. Supporters of a basic income for […]

The Art of Negotiation – Lessons from the Market

Things are not always what they appear to be. On a recent trip to East Asia I took the opportunity to visit a famous street market. Apart from wonderful street food, the market has a wide range of clothing and accessories that attracts both tourists and locals. One feature struck me. Why were so many […]