April 14, 2016
Having a board isn’t enough. Know how to use the members to maximum effect. As you’ll soon find out (if you haven’t already), there’s no way one entrepreneur–you–has all the answers. Or all the skills. Or all of the time to single-handedly get your venture running smoothly. If you want your business to expand, you’ll need the advice and foresight of people who have traveled that road before you–and done so successfully. You need a team. Usually, that comes in the form of outside advisors, like attorneys, accountants, bankers and insurance brokers. You may also have thought of forming an advisory board. Before you get started, be aware that advisory boards are not designed for stroking your ego. Your advisors aren’t cheerleaders; they’ll tell the truth about your business, good or bad. However, if having access to “wisdom of the elders” has any value to you, here are five tips on using your advisory board effectively: Know why you need your board and how you want its members to help. If you’ve chosen your advisory…
Continue ReadingEntrepreneurs often ask me to create the “perfect one-page agreement.” Maybe they expect partnership agreements to be 3 pages . . . maybe 5 . . . but the expectation is that shorter is better.…
Read MoreListen to the Episode Below: Thought you’d work in your business forever? Afraid of “your baby” falling into the wrong hands? Not sure what you’d do if you left your business? Are these “what’s next”…
Read MoreRecent findings by Adobe indicate that 55 million—or 35% of the total U.S. workforce—are choosing to freelance. To be part of the “gig” economy. Also, many U.S. workers now consider work/life balance and flexibility to…
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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.
