Are You Cut out to be an Entrepreneur?

by J.F. (Jim) Straw, author of Mustard Seeds, Shovels, & Mountains Believe it or don’t, I just flunked another test for “entrepreneurial” traits! From my test score, it appears I am probably better adapted to washing dishes than running a business. Then again, according to the governing laws of aerodynamics, bumble bees can’t fly either. Let me … Continue reading “Are You Cut out to be an Entrepreneur?”

Surprising Lessons from Warren Buffett’s 40-Year-Old “Business Wanted” Ad

In 1983, Warren Buffett sat down to pen his annual letter to Berkshire Hathaway shareholders. Tucked away at the back of the letter was an ad. Specifically, it was a “business wanted” ad. In it, the Oracle of Omaha outlined the type of businesses he and his partner Charlie Munger were seeking to acquire. The ad … Continue reading “Surprising Lessons from Warren Buffett’s 40-Year-Old “Business Wanted” Ad”

The Sweet Scent of Success: Strawberry Incense and Big Money

Beginning Wealth Builders (BWBs) make money in the most unusual ways! Like the BWB I know of who started an incense business with $25 capital, using the bathtub in his home as an experimental lab. Last year the sales of his company passed $2-million! In just eight years he went from nearly a zero-cash start … Continue reading “The Sweet Scent of Success: Strawberry Incense and Big Money”