June 15, 2015
Life is supposed to be about the journey, not the destination (or so I’m told). Yet, when it comes to starting a business–or a business relationship like with business partners–what’s the best advice I can give? Begin with the end in mind. It sounds counterintuitive, doesn’t it? To think about what could be the end, the demise, the failure of a business before it even gets off the ground . . . ? Like death and taxes, no one escapes unscathed. At some point, one or the other of you will leave the partnership–whether it’s in a pine box or otherwise. That doesn’t stop you, though, for hoping for the best while planning for the worst. As mentioned in my article, ““When Business Partners Part,” here are some of the top issues you’ll want to think about in advance: Exit trigger events. What are the reasons someone might want or need to leave the company? Buyout price. What will it cost to buy back the departing partner’s interest in the company? Penalties. Any “bad behavior” you…
Continue ReadingWhen you’re thinking about business divorce, there are a couple of hot button items that come to mind. First, you want to know which events trigger a buyout. The three D’s usually factor into the…
Read More“SPEAK!” PROFIT!” “ACTION!” filled my computer screen in rich tones of red and blue and green. A fellow speaker had wangled me a free—FREE!—ticket to a 4-day high-ticket workshop, and I was invited. Normally, I’d…
Read More“Completely satisfied customers” seems to be a perfectionist standard of mythic proportions. But Joe Calloway on FuelNet reveals that there are secrets to making this happen. How important it is for our businesses, too, when…
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I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.
With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.
And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.
I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.
