August 3, 2020
It seems counterintuitive, doesn’t it, to prepare for the end when you are just beginning your business. But, as former President Dwight Eisenhower was known to say, “if you fail to plan, you plan to fail.” You need to have an ultimate goal when starting your business–whatever that goal may be. It could be: To provide you with meaningful work and a livelihood for as long as you can work To create an asset that you want to sell within a certain time frame To develop a legacy that you want to give to your children In his E-Myth article, “Exit Your Company the Right Way,” Mark Jordan points out that your company needs to accomplish your long-term objectives. Of course, this presupposes that you have a long-term objective. 🙂 That you have a plan for how you want to dispose of business other than “whoops, I’m dead (or gravely ill)–what do I do with it now?” Have you considered passing your business to your child (or other favored younger person)? What has gone into your…
Continue ReadingFrom Entrepreneur.com (via MSNBC.com), comes Chris Pettila’s article on how partnering with other entrepreneurial companies can help all of you “bulk up and throw your collective weight around.” The article discusses one company’s desire —…
Read MoreThe article “Protect Your Business and Your Family” raised a valid point — that partnerships are not eternal. But the point is not an obvious one. Many business owners I know and advise refer to their…
Read MoreQ.: I would like to market to first-time homebuyers in New York, put them through a nonprofit loan program of which my company is not affiliated and eventually hand them off to a Realtor in…
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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.
