The GameStop (NYSE: GME) stock saga was all the rage in recent days. From the war on hedge funds to everyone in the world talking gamma short squeeze and even some brokers restricting trades to avoid a potential liquidity crisis — this had everything. One thing is certain — this event captured the attention of the media, retail investors who cashed in and made it a personal vendetta against hedge funds, hedge funs that lost (and made billions), regulators, governors, academics, brokers, YouTube influencers, and more (even my Mom called and asked me about this!)

What caused this astronomical rise…


An investor looking for a Bitcoin sympathy play would likely not include a subscription-based enterprise software provider that helps businesses better understand its data in its search. However, MicroStrategy (NASDAQ: MSTR) has become just that — and as a result, seen its stock price 300%+ since the company announced purchasing and using Bitcoin as part of its Treasury Reserve Strategy.

On August 11, 2020, the company announced its adoption of Bitcoin as its primary treasure reserve asset. The stock rallied 10% to roughly $134 on the day of the announcement and on significantly higher volume. As I write this article…


3 years ago, I came into contact with an independent recruiter. As part of my job-seeking strategy, I was encouraged to seek out recruiters that may be more in tune with the local job market, opportunities, and more.

I did not have many expectations. Sure, I hoped I would have a 10-minute phone call, the recruiter would review my CV, and the next day, I would be flooded with interview opportunities. Fantasy? Absolutely. I never expected that form of response. We can hope, yes?

We talked for about an hour — the recruiter asked me some questions about my career…


If you want a quick lesson in corporate governance and why it matters so much, the recent saga consisting of FirstEnergy and its involvement in pushing Ohio Bill HB6 through the state legislature. HB6 was designed to provide over $1 billion in taxpayer dollars to FirstEnergy to subsidize nuclear power plants.

It is also no surprise that the availability of ‘easy money’ will attract some bad actors. Unfortunately, the bad actors attracted were leading executives of FirstEnergy Corporation. Allegations are circling that FirstEnergy was systematically, intentionally, and categorically involved with funneling $61 million of funds to a not-for-profit organization controlled…


After years of an environment where “everyone who wants a job has one” and “employers cannot find enough talent,” COVID-19 has called both of those statements into question with unemployment numbers that at once seemed unfathomable. Official unemployment at 14.7% is the highest number seen in the Great Depression. And some suggest that the actual number of unemployed people is much higher. One thing is sure — millions of Americans are now without a job and across all industries and employment levels.

This situation, which caught many employers and employees off guard, has brought new activity to people’s lives in…


Be careful what you wish for because you might get it.

In 2008, the USA’s most significant banks begged and pleaded to invoke ‘too big to fail,’ which would allow them emergency government support to keep them afloat.

Then COVID-19 hit, businesses closed, and the economy froze up. The government intervened quickly and powerfully and passed a $349 billion (now $659 billion) effort to provide forgivable payroll loans to distressed businesses. The Payroll Protection Program (PPP) suggested the nations’ banks be the facilitators of this program — helping with the paperwork, processing, and distribution of funds.

The program has gone…


Every day, I read a new article and perspective on how the world will permanently change due to the COVID-19 crisis. And, the themes of the pieces are the same — physical retail is dead, restaurants will cease to exist, and we are going to be inside forever. I have a wild and crazy thought — the world will not be a dark and lonely place after this is over.

First, let us look at a few realities.

We Are Not Scared of Getting Sick.
Especially in America, we are not overly concerned with getting sick. Never have been. We get…


One of the oldest rules in the book is to ‘save for a rainy day.’ And many firms in this country did not do just that. And when things took a slow down for a few weeks, the wheels came off a machine that should have had a little more staying power than a month, especially after years of profits. It’s no secret that many small businesses operate on the brink of collapse — many with only 2–3 weeks of cushion just to get by in the event of a shutdown. …


Many years ago, when I was home from college one summer, my dad asked me if I wanted to take a trip to a new store with him. I said, sure. We went into the store, and it was not all that exciting to me, but he commented it was well lit, everyone was friendly, and it looked like people were buying things. That was enough for him to do a little research and purchase stock in a company called Tractor Supply Company. How did it go? Well, if you would have put $10,000 into Tractor Supply and Amazon that…


The $349 billion (and perhaps more) Payroll Protection Program (PPP) to help out small businesses rolled out on April 3 after just a few days of organizing the details and sending it to DC for a vote and signing into law. It should come as no surprise that the planning of the PPP, as well as implementation and delivering of funds, has been rife with confusion and frustration.

While there are many unknowns about our changing world, nearly all can agree that at some point and perhaps even as early as May, restrictions on our movements as citizens and business…

Terence Channon

Digital business strategy, customer acquisition, practical technology advice for business owners & entrepreneurs.

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