Weight, Traffic and Grades Aren’t That Important

“What is measured, improves,” is an old piece of business wisdom.  If you keep track of something, whether it is grades, weight, income or efficiency it usually will get better.  This is a good piece of advice, but I feel it’s only half the story.  If you end up measuring the wrong things, they might […]

Don’t Pay Yourself By the Hour

One of the worst things you can do is paying yourself by the hour. Hourly wages make the accounting easier for a payroll department. But that doesn’t mean it’s a good strategy when you’re working on your own time. Unfortunately, I frequently see students, entrepreneurs and self-employed people counting hours worked instead of work accomplished. […]