Be Prudent After You Win A Lottery

Let’s understand one important thing about the lottery. Even if you win $1 million jackpot, it does not necessarily make you a millionaire. Instead, it will only make you a thousandaire. How is it possible? Let me explain it to you ūüôā Many people are surprised when I told them that even if they win […]

How to Win a Scratch-off Lottery

Some of you may be familiar with scratch-off games or scratchers. The game is quite simple. You have to scratch the ticket with a tool, a coin usually, to find out whether you win or not. Unlike other lottery games, scratch off prize is instant. You can cash out the prize nearly at any lottery […]

Managing Execution: THE XQ Scorecard

By Edward D. Hess, Distinguished Executive in Residence and Adjunct Professor of Management, Goizueta Graduate School of Business Emory University Atlanta, Georgia edward_hess@bus.emory.edu   Managing a business so it continually improves and grows is hard – in fact, very hard. Prerequisites to that result are the business builder’s passion, determination and perseverance. Additionally, you must […]

Independent Directors: Private Companies Need Them, Too

By Edward D. Hess, Distinguished Executive in Residence and Adjunct Professor of Management, Goizueta Graduate School of Business Emory University Atlanta, Georgia edward_hess@bus.emory.edu   Much has been written post-Enron about the need for truly independent directors to represent the best interests of public shareholders and not the interests of management. We have seen the NYSE, […]

Going Public to get RICH: Reality Therapy

By Edward D. Hess, Distinguished Executive in Residence and Adjunct Professor of Management, Goizueta Graduate School of Business Emory University Atlanta, Georgia edward_hess@bus.emory.edu   Most entrepreneurs dream of going public as the way of realizing wealth for themselves, their investors, and their employees and as the ultimate scorecard validating their success, vision, and self-worth. Yes, […]