November 24, 2020


Bank factoring generally refers to the process in which a bank buys a business’s account receivables instead of lending against them. Not all of these skills are obvious, especially to the entrepreneur. Often entrepreneurs follow their passion for an idea only to realize they need to sharpen their leadership capability. With a little luck, they figure this out before it’s too late. I like Heinlein’s quote but it breaks down if you apply reducto ad absurdum. My house has a burglar alarm, security lights, and door locks. That means, in one sense, that I want people to be controlled in their ability to traipse through my house and thumb through my belongings at will. However, this is passive control; I am not insisting that everybody be fitted with GPS monitors and tracked just to keep them out of my house, which would be active control. Governments, over time, tend to … Read the rest