Business Partners

Post image for The Partner Principle – An Interview with Robert Tuchman

After so many horror stories and cautionary tales, I thought I’d share a tale of “happily ever after.” I had the opportunity to read Robert’s new book, Young Guns:  The Fearless Entrepreneur’s Guide to Chasing Your Dreams and Breaking Out on Your Own, and to interview him for my Making It Legal blog.  Well, you […]

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Once upon a time, there was a fox that had fallen into a well. A thirsty goat ambled by and asked the fox if the water was good. The fox told the goat that he had never tasted such clear, pure, water in his life. The goat was so thirsty, that he went into the […]

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Summer getaway vacations are a lot like business partnerships. You need an outlook of adventure, a mindset for cooperation, and an attitude of mutual respect. You also need to be mindful of your budget. It’s a journey that you’re sharing together. Like vacations, business partnerships can spoil for many reasons. But the grounds often circle […]

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Post image for Ancient Chinese Secret? The Key to Family Business Longevity

Thanksgiving is a day of gratitude, an opportunity to be with family. So on this family day, it’s somewhat fitting to have this post about family businesses. If you are, or have any inclination to be, in business with a family member, there is a secret to ensuring its success. Some firms have been family-owned […]

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Not sure what to look for?  Or how to evaluate the right business partner for you?   Then take a few moments to read my newly-published feature article in the widely-respected New York Enterprise Report. Entitled “How to Choose a Business Partner,” the article examines how differences in communications styles, values, and vision can alert you to […]

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I recently had an “OMG. Are you kidding me?!?!” moment when I came across NYT reporter John Eligon’s article on a law firm breakup, “For the Lords of Divorce, A Breakup.” The principals of Sheresky, Aronson, Mayefsky & Sloan were no babes in the woods, wet behind the ears, green, unsophisticated, inexperienced, naive [insert synonym of […]

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Post image for Getting Help in Choosing a Business Partner

It ain’€™t easy. And as the experts in my New York Enterprise Report article, How to Choose a Business Partner€? reveal, you may not want to go it alone. The same way you invite your gal-pals to have brunch with you and your sweetie (because, of course, you want to get their feedback to make sure […]

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My uncle has a favorite story from his childhood — those halcyon days before the advent of Nintendo, Game Boy, and Play Station.  In the woods behind his house, he found a large stick.  Some days, the stick was a sword.  Other days, it was a gun.  At rare moments, it served as a periscope.  […]

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Have you ever known a family that doesn’t have a fight . . . about something?  It could be about “who’s hosting Thanksgiving,” “who slighted whom,” or “how to run our business.”  In his article, Resolving Disputes in Family Businesses, David Gage points out that: A family business is really three distinct but intricately related systems: Family, […]

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Ever been hit up to invest in a friend’s or family member’s business? Is it wise to do so—given that you know them so well? What steps should you take when asked to invest (or lend money for) a loved one’s business? Tune in to Wall Street Journal Radio, where I sit down with Veronica […]

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