My favorite Lifehacker posts are their “featured workspaces.” If you haven’t seen it, people submit their unique work areas and they pick the best of the best to display on the blog. The ones they pick are usually some combination of simplicity, elegance, creativity, and affordability. If you have a few minutes, [...]
Archive for the ‘Finance’ Category
Funding Your First Business
Hypothetically, let’s go back in time and say I’m about to graduate from college. I know that in my heart I want to be an entrepreneur, but I’m concerned about how to fund a new company and have enough money to live. What do I do?
It’s a common position for potential business owners to be [...]
Chargebacks: how we were taken for $6k and how we’re fighting back
This post has been a long time coming, but it’s one that I finally made sure I sat down and wrote because I’m sure it can save someone from getting scammed the way that we did.
What is a chargeback?
According to our good friend Wikipedia:
A chargeback is the return of funds to a consumer, forcibly initiated [...]
Pure Adapt Featured on the AMEX Plum Site
About a year ago I wrote a post about how cool the American Express Plum Card is for small businesses. I also posted a picture of how the Pure Adapt card was shown among many others on their website at the time:
After my subsequent post about how we saved $1k in FedEx charges with the [...]
Does Location Matter? Why Albany is Perfect for Us
A few weeks back Penelope Trunk wrote a really interesting article about deciding where to locate your start-up, entitled Starting a company in Silicon Valley is stupid. Clearly from the title of the post, she isn’t one of those people that preaches that you have to be in the Valley or in NYC to run [...]
Teamwork
We have a pretty stressful few months ahead of us. It’s not the same type of stress we had last year when we feared that one wrong move would crush us and eventually decided to not pay ourselves for a few months, but nonetheless it’s still a little more stress than anyone would like.
We’ve set [...]
8 Tips to Financial Stability for Small Businesses
This is a guest post by my business partner George. Each owner of Pure Adapt will be writing a post while I’m on vacation.
Financing a small business can be very stressful when you are working with limited capital. Not having a solid cash flow can make or a break a company, so properly handling [...]
Bootstrap Yourself
While we’re on the topic of Mark Cuban posts, there was something else I wanted to comment on from that same post. As he often does, he included a “classic” Mark Cuban post at the bottom of his current post. In this case it was a post from earlier this year entitled The Best Equity [...]
An Easy Way to Save a Cool $1k
Remember that post I wrote about our American Express Plum Card a few months back? We’ve only had the card since February, but we were just informed that we reached the maximum limit of savings that we can receive from FedEx in one year. Apparently the 5% discount only works up to $1,000/year of savings.
That [...]
Profitability Update
Back in April I did a post entitled Thoughts on Pricing and Profitability where I basically pondered the advantages of become a higher volume, lower margin retailer:
Generating sales is the hardest thing to do in the world of business. If I find a hands-off way to drive sales AND can turn over inventory faster by [...]
