This is the first of a series of four blog posts highlighting key practices for successfully launching a start-up business. Each of the four blog posts will tackle a different functional aspect of launching a start-up: Finances, Human Resources, Operations and Marketing. FINANCES Managing the finances of a start-up entails spending money on what is essential […]
What business wouldn’t benefit from having a “superforecaster” to accurately inform management about relevant future trends and to guide superior decision making? In their fascinating book, Superforecasting, The Art and Science of Prediction, authors Tetlock and Gardner highlight characteristics of the 2% who have proven themselves vastly more accurate than the rest of us at making accurate forecasts of future events. Superforecasters are: […]
The Science Industry & Business Library (SIBL) is the New York Public Library’s premiere business library. SIBL celebrated its 20th birthday this week, and held a celebration which aptly recognized the library’s value and importance to a broad community of entrepreneurs, small business owners, and others. Some years ago, I had become known to the SIBL director […]
In many companies, delivering a large gain will get you a modest reward, while taking actions which lead to a large loss will get you fired. That is just one of the important lessons to be learned from Misbehaving, Richard Thaler’s book on Behavioral Economics, published in 2015. Thaler provides valuable insights to C-Suite denizens who want to […]
Earlier this month, I had the chance to be a guest speaker on the topic of cash flow planning for business owners, at a Kauffman FastTrac class. It’s an area of financial management that many business owners find particularly difficult to get their arms around, including Brian LaGette and Ron Wilson, two Wharton graduates, and […]
When I showed my daughter the American Airlines map on our flight to her freshman year at Washington University in Saint Louis, and asked her if she could name the states surrounding Missouri, she got pretty mad at me. I’m sure there was a point in her public school education when she was required to […]
David@RudofskyAssociates.com
Phone: 1-914-216-3566
Based in New York City. Doing business nationally.
