Fellow Riskologist, The year was 1903. Two lowly bicycle builders from Ohio entered a fierce race to build a revolutionary machine. Their main competitor, Samuel Langley, was a well-respected astronomer, physicist and inventor, who received $70,000 in grants ($2M in today’s dollars) to complete the project. Of course, since the bicycle builders were complete beginners,… Continue…
Category Archives: Business
If You Bet The Farm, Be Sure To Have More Farms
Fellow Riskologist, The other day, I was driving through a Native American reservation on the way home from a short weekend trip when I spotted a casino. Fancying a little blackjack, I stopped in to play a few hands. There was $100 in my wallet, but I only cashed in $20 for chips. The strategy?… Continue…
So I Have This Business Idea…
“So I have this business idea.” I hear that often. For one reason or another, most people I meet either run their own business already or want to someday. I understand the appeal—I’ve been there myself. The bad news is most people I talk to about their idea lack the motivation or determination to follow… Continue…
Field Report: 3 Lessons My Husband and I Learned by Quitting Our Jobs
Tyler’s Note: This is a Riskologist Field Report by Sarah Russel of Common Sense Marketing. Field Reports are written by readers just like you, so be nice, enjoy the story, and take action on the lesson. To contribute your own Field Report, go here. When I think about risk-taking, I think about people who drop everything to move… Continue…
The Risk Free Business Launch
When I was in college, I started a ticket resale (read: scalping) business for the cost of two concert tickets. That took about 20 minutes… Continue…
Launch Every Day
Almost three months ago I officially launched Riskology.co. Last week, Take This Job & Shove It launched to the world. It went really well. Someone on… Continue…
The Best Negotiators Never Win
Here’s an idea: The best negotiators in the world never actually get the very best deal. Well, I suppose that may depend on how you… Continue…
False Positive: Life Transformation via Self-Trickery
I just finished a book by Brian Greene, The Hidden Reality—a fascinating read about the current work of physicists and mathematicians exploring string theory, trying to prove that the world is, in fact, part of a multi-verse with many galaxies, planets, and stars just like ours. They’re testing every possible hunch they can in order… Continue…
You Got Sharked: A Street Hustler’s Guide To Building An Audience For Your Idea
Whenever I’m in San Franscisco, I like to wander The Embarcadero—it’s one of the best places in town for people watching. This trip didn’t disappoint, and we ran into a street hustler playing the shell game—a ball is placed under one of three identical looking shells before they’re quickly rearranged while you try to keep track… Continue…
How to Be An Artist
“Art” is quite a buzzword these days. Everyone wants to be an artist. That’s great because, contrary to popular belief, the only way to make… Continue…