Over 5,000 former players have sued the league over the brain injuries suffered during their careers, and a slew of high-profile former NFL players and coaches have said they won’t let their children play the game.
One thing is clear: If football safety doesn’t change soon, America’s most popular sport will be in jeopardy. Ideas fill a whiteboard in Vicis’s Seattle office.
Enter Vicis, a Seattle startup whose self-appointed mission is to create a helmet that reduces the risk of concussions. The company’s first product, the Zero1, features a pliable outer layer and an impact-absorbing core layer that cushions the wearer’s head against violent collisions–all, for the most part, while maintaining the look and shape of a classic helmet. The company has received $10 million in funding, including a $500,000 grant from the NFL. The helmets will be available to NFL and college players this spring.
Cash is getting an alarming amount of love these days.
When investors are nervous, they flee risky assets like stocks for the safety of cash.
That’s exactly what’s been happening lately. Since July 1, cash and money market funds have easily been the world’s most popular asset class, attracting $208 billion of inflows, according to Bank of America Merrill Lynch.
Memphis Meats, a new startup in the San Francisco Bay Area, isn’t your typical meat purveyor. It doesn’t have any connections to ranchers, factory farms, or slaughterhouses. All it has is a small lab. It was in that lab that biologists just birthed a meatball. Think of it like an immaculate conception of animal protein—real meat without the animal slaughter.
You don’t need to be an accountant to start a company but you should become intimate with key accounting metrics. Lack of financial literacy is the greatest threat to a global surge in entrepreneurship. Most companies fail because their founders had little or no financial acumen.
Such was almost the case with my first company. Pockets filled with seed money, I worked hard on creating nice products and chasing down new customers only to be in deep trouble within a year. The only financial focus I took was to deposit cheques and pay bills. The only metric I looked at was my bank balance and as money ran dry. The less I had in my account the more I looked at it. The disaster was avoided only after I brought in a great CFO and took classes on accounting.
On Wall Street, there’s a saying that past performance is no guarantee of future results. When it comes to taxes, however, past performance is a great indicator of the types of deductions that businesses typically take each year.
Last winter the IRS released data on Schedule C filers. Here are some of the most popular tax deductions for small business that were claimed by sole proprietors as determined by the dollar amounts, starting with the largest category. The same types of deductions can be claimed by other entities — C corporations, S corporations, partnerships, and limited liability companies (LLCs) (although there may be slightly different rules for some deductions). See which of these tax deductions for small business apply for your 2015 tax return.
The crash of ocean waves, the babbling of brooks, the pitter-patter of rain on shingles — many people swear by these watery sounds to help them fall asleep and stay in la-la land. Why does flowing “agua” apparently have such a powerful and popular drowsing effect?
Part of the answer lies in how our brains interpret the noises we hear — both while awake and in the dead of night — as either threats or non-threats.
3.You can’t succeed without the ‘f’ word
I know what you’re thinking. Either a.) he can’t possibility mean that ‘f’ word or b.) the ‘f’ word is focus. Focus would be a good ‘f’ word. Nothing truly gets done without it. People who think they are multitaskers are really deluding themselves. Not even computers multitask. Designers just add more cores, but each one of them is only processing one instruction at a time, really, really fast.
We teach people how to visualize businesses and focus is an important part of it. I can tell you I get my best results when I can eliminate distractions. But that’s not the ‘f’ word we’re talking about.