Lessons Pondered This Week
but it’s Tuesday?
I could solve that problem, but is it my job to solve that problem?
I place a premium on how an experience is delivered, not what is delivered.
I could say we should reward outcomes over hours, but if my business is based on hours, what are the outcomes?
Crypto Misconception that Businesses Do
Earning crypto isn’t cash revenue, and your business plan can’t be based on earning Crypto only otherwise you are entering a business of triple taxation.
Corporate Income tax when you earn
Capital Gains Tax when you sell it
Professional services tax when you didn’t really think the above through.
And that’s if you get the above luckily teed up.
Keeps me in business, I guess.
The Thought I Thunk & Chuckled On
Twitter going down as Threads moves to takeover. Meta’s move is to be the last mover yet again.
Myspace existed. Facebook made that a business. Who do we make fun of now? Both, but it’s mostly Meta.
Snapchat became a sensation. Instagram added the same features and made a business on that and well we don’t really care about Snapchat.
Twitter is doing its thing. And now Threads is around. Both are terrible. Substack notes is where it’s at.
One More Thing
What thing? Personal Finance Thing
Are you thinking of investing putting cash into Fundrise (Real Estate REITs), here.co (Vacation Stock), or Masterworks (Art)?
Don’t.
Instant illiquid assets that you can’t pull out in the next year or three. Go toss your cash at an index fund if you’re trying to get a lazy way up.
Bye.