Monthly Archives: February 2016

The Ernst & Young building rises above Times Square in New York June 18, 2014.  REUTERS/Lucas Jackson

Jury finds Ernst & Young liable over investor’s Madoff losses

By | Business, Management, Marketing | No Comments

Ernst & Young LLP was found liable on Friday by a Washington state jury for the losses of an investment firm from the collapse in 2008 of fraudster Bernard Madoff’s multibillion dollar Ponzi scheme.

A jury in Seattle sided with FutureSelect Portfolio Management Inc in finding the auditing firm was negligent in its work for funds that funneled money to Madoff. Read More

8 Secrets Your Business Mentor Won't Tell You

8 Secrets Your Business Mentor Won’t Tell You

By | Business | No Comments

Join us in a city near you at Entrepreneur’s Accelerate Your Business event series kicking off Feb 23. View cities and dates »

They say no man is an island. A helping hand from an experienced mentor can be valuable for anyone. Still, as someone who’s been on both sides of the mentoring relationship, it’s clear that too many people read more into these arrangements than is actually realistic. Read More

3 Reasons Why Flying First Class Is Worth Every Penny

3 Reasons Why Flying First Class Is Worth Every Penny

By | Business, Marketing | No Comments

The first-class cabin at the front of the plane may be just a few yards from your economy seat, but it might as well be in a different world. While you’re trying not to bash your knees on the tray table, to eat plastic food, and to get to sleep with a couple of tightly-packed strangers, on many international flight those at the front are lying on a bed in a private cabin, having just enjoyed a dinner prepared by a chef. Served on real china. Of course, they’ll have paid a fortune for those luxuries. A first class ticket from Singapore to New York on Singapore Airlines can set you back around $15,000. Along with the bed, you also get a dining table behind your private sliding doors, a 23-inch entertainment system, and a proper wine list. Read More

How Casper Became a $100 Million Company in Less Than Two Years

How Casper Became a $100 Million Company in Less Than Two Years

By | Health Care | No Comments

Buying a mattress sucks. The salesmen talk fast, the choices (Tempur-Pedic? Visco-elastic memory foam? PrimaCool gel?) are overwhelming, and the prices are hefty. Yet everyone needs a mattress, meaning the $14 billion industry was ripe for reinventing. Enter Casper, the online bed-in-a-box maker that launched in April 2014. The concept was simple: Produce the best mattress possible at an affordable price, sell a single model, and deliver it quickly, for free, with a 100-day trial period. It worked: Casper had sales of $1 million in its first month. The New York City company has since raised $70 million in venture capital, grown to 120 employees, and hit $100 million in cumulative sales. Co-founder and COO Neil Parikh tells Inc. about solving the problem of friction beneath the sheets. Read More

I've been investing in real estate for 25 years, and I think buying a house is for suckers

I’ve been investing in real estate for 25 years, and I think buying a house is for suckers

By | Business | No Comments

Should you own a home? Unless you have 20 million bucks in the bank, in cash, you have no business buying a house.

People think the only way to save money is to buy a house. Suzy Orman thinks you have no way to earn any real money for yourself, so she advises you to buy a house as the only way to get your money. You will get your home paid off when you are old. Who wants to wait until they are old to have money? Read More

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