What struck me about my conversation with Alicia Marie Fruin, a national leader in coaching and training for small-business owners, and founder of PeopleBizInc.com, is that she so quickly zeroed in on where entrepreneurs get stuck. Stuck in doing everything ourselves because we can’t see a way for our company to expand past our limited skill sets. Stuck [...]
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As a lawyer, I love what I do. I’m proud of how I do it. And sometimes, I hear about members of my profession who just make me want to spit. On them. From the Annals of the Preposterous, here’s a story which, if true (I have not personally verified the pleadings) is an appalling addition to [...]
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Sometimes, a break from routine is a good thing. Had Ari Weinzweig not allowed his business partner, Paul Saginaw, to drag him away from his normal business routine, the Zingerman’s Deli of Ann Arbor might not have reached its $20 million target ahead of schedule. Saginaw impressed upon Weinzweig the need to step out of [...]
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Well there’s absolutely no reason that she can’t. Many attorneys are fun, interesting, caring people (you have to be, to go into a profession to solve people’s problems)! But the “I thought my attorney was on my side . . . until I got the bill” plaint has come up a few times since I published my [...]
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There’s the old (sad, pathetic, and worn, I might add) joke “whaddaya call 500 lawyers at the bottom of the ocean?”A good start. And I know that SOMEone will point me to a treasure trove of other lawyer jokes.J So let me shed at least a little illumination on how to work with this prickly group [...]
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Everyone has a favorite “whipping boy,” and for entrepreneurs, lawyers and legal fees often fill that role. Sigh. Well, entrepreneurs, you’re not alone.Seems a study of in-house and general counsel of major corporations in the UK have a similar gripe–in particular, that the bills are padded with junior associate time.There are ways to handle the legal fee [...]
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When it comes to business plan outlines for the coming year, many of us touch on the usual suspects: honing the target market, developing outreach plans, considering new revenue sources. In short, it’s usually about what more we can do. What additional responsibilities we can put on our plate. How we grow through casting a [...]
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Contrary to the impression of some, due diligence is not about spying or schnuckling around trying to dig up dirt on a potential business or alliance partner. It’s sound business practice, all horror stories aside. So what kind of steps can you take? As a first step, here’s a really helpful article by Frank Bruno [...]
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Why entrepreneurs shouldn’t do their own legal work. Women entrepreneurs shoulder many burdens, one of them often being their company’s legal work. They don’t mean to become their own in-house counsel, it just sort of happens. They don’t have an attorney when they start their business and are too busy, daunted and undercapitalized (or so [...]
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Yammer, yammer — for many, “strategic alliance” is just jargon and Newspeak. One of the curious things about strategic alliances is that they can take a wide variety of forms — just like personal relationships — so it’s hard to pin them down. On the premise that 1+1=3 (or, as my colleague, sales trainer Rochelle [...]
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Taking on a business partner is not a decision to be made lightly. It’s much like getting married. With the tools provided to you in The Entrepreneur’s Prenup you will always have the partnership guidance you need, regardless of where you are in your partnership process.
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