Compass
A discussion on business and corporate culture
The Fed Paused. December May Not. Know Your Number Now.
The Fed held in October, but two officials wanted a hike and markets expect one in December. Every 25 basis points is $2,500 a year per $1 million of floating debt.
Your 2027 Budget Is a Capital Plan. Most Founders Are Building a Forecast.
With the Fed signaling another hike and the 10-year above 5%, a P&L-only budget isn't enough. Five steps to turn your 2027 budget into a capital plan.
Undertake Not What You Cannot Perform: What the Panama Canal Teaches About Raising Capital
George Washington copied out 110 rules of conduct as a teenager. Rule 82 is the best capital-raising advice I know, and the Panama Canal shows why.
Running Your Business Is a Steeplechase, Not a Flat Race
Flat races reward speed. Steeplechases reward pacing, judgment at every fence and having something left for the last jump. So does running a company.