The decision about what to do next is even more important than the labor spent executing it. A modern productive worker is someone who does a great job in figuring out what to do next.
Management
The Battered Incomes of the Self Employed | Small Business Trends
The 2010 Federal Reserve Survey of Consumer Finances – a triennial survey of a random sample of American households conducted for the Fed by a University of Chicago-based survey research group – shows the large drop in self-employment income that occurred during the recent economic downturn.
via The Battered Incomes of the Self Employed | Small Business Trends.
No place to hide in this Great Recession.
Scary Chart Of The Day: When $0.99 Becomes Unaffordable, We Have A Problem | ZeroHedge
Holy Crap Batman!
So our question is: at what point does the perpetually self-deluded US population finally admit to itself that when even 99 cent meals are no longer affordable, that this country has a problem?
via Chart Of The Day: When $0.99 Becomes Unaffordable, We Have A Problem | ZeroHedge.
It has been a long, long time since I had a Scary Chart post. Well, your wait is over.
ING Layoffs In Connecticut Are Unrelated To Massive Staff Reduction In Europe – Courant.com
Cigna To Lay Off 1,300 Workers
ING To Cut 2,350 Jobs In Europe – Courant.com
ING To Cut 2,350 Jobs In Europe, But None In U.S. – Courant.com.
What’s that old saying about the truth being the exact opposite of what you’re being told?
MetLife’s Big Annuity Charge Linked to Regulatory Concern – WSJ.com
Hartford Offers Buyouts to Annuity Clients to Trim Risk – Bloomberg
Hartford Offers Buyouts to Annuity Clients to Trim Risk – Bloomberg.
Time will tell if anyone sells their contracts back.
37signals Earns Millions Each Year. Its CEO’s Model? His Cleaning Lady – Fast Company
She’s on her own, she cleans people’s homes, she’s incredibly nice. She brings flowers every time she cleans, and she’s just respectful and nice and awesome. Why can’t more people be like that? She’s been doing it some twenty-odd years, and that’s just an incredible success story. To me that’s far more interesting than a tech company that’s hiring a bunch of people, just got their fourth round of financing for 12 million dollars, and they’re still losing money. That’s what everyone talks about as being exciting, but I think that’s an absolutely disgusting scenario when it comes to business.
via 37signals Earns Millions Each Year. Its CEO’s Model? His Cleaning Lady | Fast Company.
I loved this interview. You will too.
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