Simple Money Borrowing and Lending Rules to Live By

In 1964 a local businessman lent my father enough money to launch his business; you could say his money, combined with my father’s ambition, underwrote the next fifty years of our family’s above-average financial well-being.  My father was able to grow a substantial business, and the lender, a man that expected very little in return, slightly profited; however, he left a lasting impact that spanned three generations.

More often than not, businesses are built upon loans.  Without loans, the world of commerce would come to a grinding halt.  If you plan to borrow or lend money, here are a few simple rules to live by:     

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Chatbots For Business

Chatbots are robotic listeners built into messaging apps that are capable of parsing conversations and processing nearly-natural language requests.  Chatbots can be configured to listen to conversations, and then to interact autonomously, or they can be directly addressed using voice or text commands.  Chatbots deliver lines or blocks of information, run connected services, and eventually they will stream app-like functionality, including custom interfaces, back to users.

Every business owner will ultimately have to pay attention to the chat interaction model.  If you have information on a server, get ready to serve it through a bot.  

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to make a difference, adopt a belief

Every time I enter a new industry my friends smile widely and roll their eyes.  When this happens, I know I’m going in the right direction.  

I am living proof that with conviction and motivation you can enter any industry as a stranger and make a difference.  

You might not get rich, but you can make a difference.  Here’s how:

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Product Scaffolding

Similar to construction scaffolding, entrepreneurs can use 'scaffolding' to construct the concept of their venture.

I frequently get into discussions and debates with friends and founders about the viability of new products and services.  Product scaffolding makes it easy for me to rapidly evaluate the opportunity size, branding, and believability (is it possible).

In my experience, if you can’t describe your product or service using simple, harmonious product scaffolding, your venture will struggle.

Product scaffolding is ONE sentence:

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