by Nina L. Kaufman, Esq. on May 15, 2017

Are You a Networking Rock Star?

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I saw the film The Rocker on PPV last weekend (if you’re a Spinal Tap fan, I think you’ll enjoy it . . . and the music kept my toes tapping). In addition to underscoring the power of YouTube (ya gotta see it!), the film got me thinking: When it comes to networking–and building a […]

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by Nina L. Kaufman, Esq. on May 12, 2017

Even Robert Kiyosaki Has (Had) Bum Business Partners

Lest you think that only novice business owners have problems with business partners, here’s a comforting note from Robert Kiyoskai in his Cash Flow blog.  Apparently, he made some choices that he thought were wise at the time, but ultimately, never panned out into a profitable business.  He gives some valuable hints as to the […]

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by Nina L. Kaufman, Esq. on May 9, 2017

When Buyout Agreements Go Awry

It’s never a pretty sight when a business partnership has to be dissolved. Even uglier is what happens when you put in the time and effort to create a partnership agreement, only to find that the terms you included create more confusion than clarity. The cleverly-named blog, New York Business Divorce (why didn’t I think […]

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by Nina L. Kaufman, Esq. on May 6, 2017

The Single Most Important Thing to Know about Verbal Agreements

How many times have we run afoul of film producer Samuel Goldwyn’s famous maxim: “A verbal contract isn’t worth the paper it’s written on”? (I’ve certainly done it). And yet, isn’t life nicer, simpler when you don’t have to worry about creating a paper trail? Why not just trust the people you’re doing business with? […]

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by Nina L. Kaufman, Esq. on May 3, 2017

Choosing the Right Network Marketing Business Partner-Part 2

As I mentioned in Part 1 of “Choosing the Right Network Marketing Partner,” my first mistake was entering into a business that I knew nothing about (and neither did my partner).  Here’s another lesson I learned from my network marketing foible: We were in it only for the money.  I was looking for a quick fix — […]

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by Nina L. Kaufman, Esq. on April 30, 2017

10 Skills VCs Look For Before Writing a Check

Mark Susser, a VC at GRP partners (and guest blogger for VentureHacks), offers his two-part list of the top 10 skills he looks for in entrepreneurs and their companies before he’s willing to part with any cash for investment. Stay tuned for skills 8-10 . . . but for now, here’s 1-7 to get you […]

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by Nina L. Kaufman, Esq. on April 24, 2017

Strategic Alliance Sandtraps

So you’re hot to trot with a strategic alliance.  You’ve chosen the alliance partner; you’ve decided what you want to do.  What can go wrong now?  How about looking at whether your employees are on board with the whole thing? For any of you who have ever golfed (or seen a golf course), the experience […]

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by Nina L. Kaufman, Esq. on April 21, 2017

The Start-Up Equity Split Dilemma

In his post, “Startup Founder Equity Splits,” Ryan Roberts touches on an age-old dilemma faced by many beginning entrepreneurs: “how much equity should I give to the other founders to provide me with money, contacts, or other benefits in getting my brainchild of the ground?” It’s a dilemma because many entrepreneurs want to control the […]

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by Nina L. Kaufman, Esq. on April 18, 2017

Working Through The Numbers on Ownership

I’m often asked, “what’s a fair division of ownership between busienss parnters” and “how much equity should I give an investor?” The short and obvious answer is: it depends. In his short post by the same name, David Ronick, founder of UpStart Advisors, illustrates how one entrepreneur thought through the process when raising capital, after […]

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by Nina L. Kaufman, Esq. on April 12, 2017

Extra! Extra! Lex Appeal Provides Partnership Tips for February!

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A gentle nudge for those of you who are not subscribers to my now-weekly ezine, Lex Appeal.  For the month of February, I’ll be providing weekly tips on business partnership issues including: Are you partnership material? Do you have your life partner’s buy-in for your business plans? The 4Ms of partnership agreement basics Signs that […]

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