Every week I receive lots of different questions on real estate. Some of these are complex such as how to analyze a large real estate portfolio, while others are more straightforward. One specific question which many people are asking surprises me. “Should I sell my home and rent while I wait for a housing correction and then buy again?”
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Silicon Valley is obsessed with the ethos of bootstrapping. Yet, even in an Eric Ries-inspired lean startup world, the Stevens’ story is unique. How exactly did a married couple with no e-commerce expertise get to 30K+ customers and $5M+ in annual revenue from their living room?
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From Forbes magazine: "Once known primarily for its Mormon Tabernacle Choir and fantastic vistas, Salt Lake City was recently ranked by Entrepreneur as the top startup destination outside of San Francisco or New York City. For those in the know, the ranking wasn’t a big surprise."
Stevens, a BYU graduate, has experienced the ups and downs of life as he builds his multi-million dollar men’s shoe brand Taft and continues to be motivated for success. “I have this quote on the wall right there,” Stevens said while pointing to a corner of his office. “It says ‘Life is tough, but so are you.'”
Just when you thought the news for Target couldn't get any worse, it did. Turns out, families aren't the only ones dumping the retailer -- so are shareholders. In a report that's "rattling Wall Street," Target's worst fears for the fourth quarter came true, with a stunning 43 percent decline in earnings.