Saving Lives with Economic Incentives

by Brian on 09/10/2010

Prisoners on a ship - Source: NPR

I heard this interview today on Planet Money on NPR. It’s about how the British government used incentives to reduce prisoner deaths on ships to Australia. The moral of the story is that economic incentives trump pleas for morality, humanity, and religion. You can achieve anything with economic incentives and, if you’re not achieving the desired outcome, you’re not incentivizing the right actions.

Click here to read & listen to the interview.

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Investors: When is a Dollar not a Dollar?

September 2, 2010

It seems that the vast majority of young entrepreneurs seeking capital for their company are focused on Angel & Venture Capital investors. In short, the focus is on professional investors. There are a great many advantages to accepting capital from professional investors, but there is one major drawback: cost. Professional Investors: Angel Investors and Venture [...]

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Location Independent Pro: Interview with Luke Ollett, Co-Founder of Shiva Media

August 25, 2010

I was fortunate enough to track down Luke Ollett, co-founder of Shiva Media, a mobile application firm which releases upwards of 30,000 apps each month. He is also a blogger at and founder of Our Thursday. He’s a location independent entrepreneur who I met in London, but is now living in Santiago, Chile. A few [...]

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Interview with Mike Lustig, founder of MEGGGA.com

August 19, 2010

Michael Lustig, founder of MEGGGA.com and a business partner of mine in ForeclosureJet.com took time out of his busy day to discuss his experiences as a GenY entrepreneur. Scroll down to get the full audio & transcript. The interview is  a little over 30 minutes long, so here’s a few gems: On wasting time during [...]

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The Remarkable 5%

August 15, 2010

As I mentioned in my last post, I embarked on the “Geek to Freak” fitness program (in actuality, I’m doing a hybrid of the program to emphasize weight loss). I’ve done well and have lost 10 pounds in the last three weeks. I’ve been consistently eating well and sticking to my exercise and sleep regimen. [...]

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