I talk a lot about doing the important but not urgent work that it takes to be a successful business owner. I'm talking about the type of work that separates the people who run and scale enduring companies from those that fail or simply create themselves a job that they can’t escape from. As an entrepreneur it’s easy to get caught up focusing on money and profits and what you can buy with your money and profits. After all, money is tangible. We can see it in our accounts. We can spend it. We...

Unfortunately way too many people think about entrepreneurship through a new idea lens. This makes them delusional. If no one has succeeded before or if your business doesn’t exist yet, it is because nobody has been able to win the game and make money doing what you want to be doing. And if nobody has won, why would you want to play that game? It's time for you to think differently! These are my three vectors for evaluating any opportunity. Competition, profitability, and my odds of success....

Before we jump in: Tax season is here. If you buy real estate and haven't done a cost seg yet, there is still time. 5 minutes of work could save you a ton of $$$ on your taxes. Click here to see how much you can save. -- A few years ago, I had the chance to interview Jay Schuminsky at the ReConvene conference which is hosted by my close friend Moses Kagan. Both of these gentlemen are complete badasses in real estate. But today's email focuses on Jay. Jay’s life changed about 17 years ago when...