June 27, 2014
If I had a nickel for every time someone told me that he or she did something business-related with a friend/acquaintance and it ended disastrously, I’d be writing these blog posts from my trans-oceanic yacht. The moral of the story (in case you’re pressed for time): Whenever you are hiring someone (or being hired) to perform any kind of creative task–writing any kind of document, drawing, photographing, painting, designing graphics/logos/websites–you must have a written agreement. Here’s the story: Moira had kept a journal of her life story and needed someone to take the raw material and turn it into a book with a particular life lesson: how to find courage in difficult times and situations. Moira hired Andrew, an acquaintance, as a ghostwriter. He told her that they didn’t need an agreement, as it was a simple enough project. He’d just send her invoices as he worked on the project. $15,000.00 later (Moira paid each and every invoice), Andrew still wasn’t quite finished. In the meantime, Moira showed the work to an editor, who provided…
Continue ReadingFrom the “No good deed goes unpunished” department: Q: I deposited more than $20,000 into my business partner’s account under the impression that he would add my name to the new company and to the…
Read MoreListen to the Episode Below: Marketing may have the sex appeal, but finance is where the rubber meets the road when it comes to growing your business. The hard numbers can tell where you’re succeeding,…
Read MoreOK, so there aren’t many usable “Z” words in this context. 🙂 Today’s Basic Training post revisits that old, old lesson that you can’t just escape or quit your business by walking away. Q.: What…
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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.
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