Start Up Business Loans

Starting a business – any business in any industry – is no small feat. Anyone who has ever gone through the process can attest to the fact that there are an inordinate number of details that must be addressed in order to put a company in the best possible position for success. Nothing can be  Read more ➝

The Dangers of “False Consensus”

People tend to overestimate the extent to which others share their views, beliefs, and experiences – the false-consensus effect. False consensus often leads strategists to overlook important threats to their companies and to persist with flawed strategies. Some of the causes include: confirmation bias – the tendency to seek out opinions that support our own  Read more ➝

Beware “Sunk-cost” Thinking in Financial Decision-Making

Late last year, while participating in a Board meeting on which I served for a client, I was reminded of the old adage “throwing good money after bad”, and dismayed by how costly it could potentially be for a company. Although a familiar strategy for private and corporate investors, looking to “average-down” and lower their  Read more ➝