August 4, 2017
After reading some stats on the growth of women-owned companies, I was tempted to get depressed. According to the U.S. Department of Commerce (2010), 88% of all women business owners are sole proprietorships without employees. 80% of all women-owned businesses earn less than $50,000. (It’s not so fabulous for men-owned businesses either: 77% for ownership and 59% for income). It seems like a huge amount of toil for very little return. And isn’t business about getting a return on investment? What kind of return on your investment of blood, sweat, and tears can you get if your business is “just you”? (Answer: bupkis) Hard lessons I’ve been noodling on this because I learned some hard lessons not long ago. In mid-2007, the revenues of my 11-year-old law firm choked. I saw that for all of our efforts over more than a decade, my business partner and I had never achieved real leverage within our law business. And given the lack of scale–or anything saleable about our company—there was nothing we could do but shut…
Continue ReadingIn light of this week’s national “activities,” here’s a question about presidents–of corporations, that is. Q.: Can you change the president of a corporation? And if the president dies, who takes over? A.: Sure you…
Read MoreOK, I’m not going to gripe and ask why I’m not on Trump University’s faculty when I see someone else blogging about business partnerships. Clearly, Randal Pinkett, PhD, is tighter with “The Donald” than…
Read MoreI shouldn’t have to cross international borders to be reminded of something so simply “close to home,” but I wanted to thank BizLaunch Canada for a really good piece of advice: Get your advisors 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.
