Career and Money Advice At The Intersection Of Business And Technology

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Entries from December 2008

Business School or Law School? — You’re asking the wrong question!

December 31st, 2008 · No Comments

I know many young and mid-career professionals who are considering going back to school during the recession. I keep hearing one question: "should I apply business school and get an MBA? Or should I go to law school and get a JD"? To put it bluntly, if you’re asking this question, I think you don’t […]

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Tags: Go Back to School · MBA

Behind the Scene at

December 30th, 2008 · No Comments

A few readers asked me about the software, technology infrastructure, and cost for starting and running this blog. Here is a step-by-step replay of how this blog was started: Domain name: I registered the domain name at Cost: $8.41/year. Blog software: WordPress. Cost: Free.  Web hosting company: I’ve been using Pair Network hosting for […]

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Tags: Tools & Tips

Who are making a lot of money from the economic downturn and where do they get their financial news and analysis?

December 29th, 2008 · No Comments

Recently I had the opportunities to talk to several people who had profited tremendously from the current financial crisis. They recognized that there was a huge housing bubble, and the loose lending practices would get us into deep trouble. I guess you could call them "Dr. Dooms" — in the past year, they have been […]

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Tags: 401K and Money Market · Beat Recession

Sometimes all you need is one class to jumpstart your career

December 24th, 2008 · No Comments

One of my favorite entrepreneur success stories is Ben & Jerry’s. In 1977, Lifelong, ex-hipper friends Ben Cohen and Jerry Greenfield took a correspondence course on ice cream making from the Pennsylvania State University. They then founded the Ben & Jerry’s ice cream shop, and the rest is history. Think about it – all they […]

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Tags: Beat Recession · Career Fast Track

How much should I deduct for 401K, HSA, and FSA during recession?

December 24th, 2008 · No Comments

It’s open enrollment period at my company now. I need to decide how much I’m going to deduct from my paychecks in 2009 for 401K, Health Saving Account (HSA), and Flexible Spending Account (FSA). In the past, I have always maxed out 401K deduction to take advantage of the tax saving benefit. I’ve also put […]

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Tags: 401K and Money Market · Beat Recession

Are you interested in a lot of different things, but not sure what exactly you want to do about your career?

December 23rd, 2008 · 4 Comments

In the past three days, I got the same question from readers in three different age groups. Reader #1 is a recent college graduate. Reader #2 got his MBA four years ago. Reader #3 is a mid-career professional in his early forties. All of them asked me the same question: I’m interested in a lot […]

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Tags: Frustration@Work · Learning and Growing · MBA or Not

Layoff-proof your job tip #1: create your version of “office space” video to cheerleading your company

December 19th, 2008 · No Comments

"No company will ever get rid of their number-one cheerleader. Open enthusiasm and support is contagious and has positive effects on the entire workplace. Because of this, companies will consider their cheerleaders highly desirable. A company cheerleader is like a free PR department, always singing a company’s praises and inspring others to see the good […]

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Tags: Beat Recession · Career Fast Track

Professor Clayton M Christensen on "Hard times can drive innovation"

December 16th, 2008 · No Comments

How can we get out of the current mess we’re in? It has to be innovation and technology. I’m starting a new series on innovation — so far my blog has been very much focused on "playing defense" against Depression 2.0. But, we need to start thinking about "offense" as well. To start the series […]

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Tags: Innovation

How companies are cutting costs

December 16th, 2008 · 1 Comment

Almost every technology company is cutting costs now. Below is a list of cost-cutting moves I, my friends, and industry contacts have experienced: Lay off employees Raise insurance premium by 200%, and essentially force employees to enroll in Health Saving Account (HSA) based health insurance plan Instead of getting more office space, squeeze more employees […]

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Tags: Beat Recession

Something strange happens to me last night: An emotional experience that I don’t know how to express

December 12th, 2008 · 4 Comments

I have to write this down. I’ve never felt like this emotionally. I had a long day yesterday. There were quite a bit of office politics I had to deal with at work. On top of that, my company announced that it would increase the insurance premium that we pay out-of-packet by a disgusting 200%. […]

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Tags: Frustration@Work · Learning and Growing · Work/Life Balance