A few weeks ago, for the first time in history in any national sports league (e.g., MLB, NBA and NHL), all seven games of a World Series were won by the away team. This is an especially novel stat and feat, as the home team usually has a unique advantage over the away team in understanding the intricacies of the field and, of course, having thousands and thousands of fans cheering them on. In honor of this first, I wanted to touch on why it can be good to be the first.
Contracts are generally complicated and, sometimes, intimidating. As a result, some business people refuse to sign them, opting instead for a “handshake” deal. With that said, there are some reasons that a written contract, no matter how simple or sophisticated, is beneficial to a deal...
Coming up with the next big idea or a good idea for a business is difficult. Entrepreneurs oftentimes admit that their good idea was never their first idea, or even their first business. Many times, the successful idea is the fourth, fifth, or even tenth business that they started....