Tag: Failure

Financial Failure in Business – How to Avoid It

Introduction Business is the foundation of the world’s economy. Unfortunately many businesses fail due to financial reasons. In entrepreneurial ventures the failure rate is extremely high – especially in the first couple of years. This…

The Lemon Principle and Market Failure In The Used Car Industry

Imagine if you are shopping for a used car, and suddenly, someone came up to you on the street and assert a bold claim, “The used car market has only low quality cars for sale!”…

One Man’s Failure Ignites Another Man’s Calling – A Tale Of Help Thy Neighbor

In the ‘burbs of Albany, NY, there sits a little hamlet called Loudonville. A thriving community that is as rich in history as it is in capital I have been in this community since 2002…