J.C.’s Money Blog

Documenting my journey from the corporate world to entrepreneur. And then getting really rich.

J.C.’s Money Blog header image 4

Entries Tagged as 'entrepreneurship'

Ridiculous Internet Story: Million Dollar Homepage

April 27th, 2008 · No Comments

We all know the big stories about the Internet giants, Google, Amazon, Craigslist, Facebook, YouTube. One or two guys start a website that dominates Internet traffic and becomes worth a billion dollars or so.
But there are plenty of other fascinating stories out there of other Internet Entrepreneurs who didn’t make billions, but they made [...]

[Read more →]

Tags: entrepreneurship

Stock Trade - sold 40 shares of SPY

April 18th, 2008 · No Comments

Yesterday I sold 40 shares of SPY @ 135.27. I am considering putting in an offer on car that costs a bit more than $6,000, so I need the cash to cover that and ongoing expenses. I really hate the feeling of lower my equity positions, but I knew going to this road wouldn’t be [...]

[Read more →]

Tags: entrepreneurship · stock trade

Experiment in traffic generation - adgridwork

February 13th, 2008 · 1 Comment

I found an interesting site today while playing around: adgridwork.com. When you sign up for the site, it allows you to place ads on your page, much like Google’s adsense, but the difference is that you don’t get paid with revenue, but rather with traffic back to your site.
If you look at the bottom of [...]

[Read more →]

Tags: blogging · entrepreneurship

What’s the worst that can happen?

January 10th, 2008 · No Comments

I turned in my resignation from my job last week but have offered to help out for a bit longer than usual, so that I can tie up some loose ends, and so that my employer has a chance to find a replacement for me. As the news has spread to my colleagues, it is [...]

[Read more →]

Tags: entrepreneurship · i hate my job

Insurance, risk, and compensation

November 26th, 2007 · No Comments

One reason why I decided to quit my corporate job, is that I have a valuable asset, which I am not taking advantage of. This asset is risk tolerance.
I work at a huge, stable global corporation. The risk that my company will not send me my paycheck each month is essentially zero. My paycheck is [...]

[Read more →]

Tags: entrepreneurship · i hate my job

Losing my 401k match

November 26th, 2007 · No Comments

I determined that I can likely make significantly more money working on websites than I can with my corporate job. One major point of concern for me which has prevented me from getting started right away is my unvested 401k match.
Next year in September, my retirement account through work completely vests. Right now my unvested [...]

[Read more →]

Tags: entrepreneurship · i hate my job

Compensation

November 26th, 2007 · No Comments

Creating wealth (or even just an income to get by) is about resource allocation. That is in fact the essence of economics, the systems by which resources are allocated. For corporations the two main resources are labor and capital. Labor has a cost in terms of wages, and capital has a cost (opportunity cost when [...]

[Read more →]

Tags: entrepreneurship · i hate my job

The rough business plan

November 26th, 2007 · No Comments

Yesterday was the first day back from vacation, and I’m really looking forward to quitting my job now. It looks like I have lots of travel scheduled in the coming weeks, so my job is going to eat into my free time as well. I will enjoy being out of the office though. I guess [...]

[Read more →]

Tags: entrepreneurship · i hate my job