Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Check out our Small Business Essentials Section

Ponzi scheme

Scam in which gullible public is enticed with the promise of very high returns in a very short time, but is based on paying off the early 'investors' from the cash from (hopefully ever increasing number of) new 'investors.' The whole structure collapses when the cash outflow exceeds the cash inflow. The originators of ... more

Keeping an Eye on Your Competitors

It is said that “imitation is the sincerest form of flattery”, but in the world of business, imitation is inevitable, and hardly flattering. For example, Apple’s iPhone and iPad products have been imitated by a number of competitors, such as HTC and Samsung, which have incurred the legal wrath of Steve Jobs and company. Meanwhile, in the video game industry,...
Read Full Article

More articles

A Pitfall in Predicting the Future

by Siam Luu

The problem with trying to predict the future is that you forget about the present. ...Read more

Browse videos


Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z