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Q.: I started an LLC in the state of Arizona with two partners. After a year in business I am choosing to take another path and I am attempting to separate my legal liabilities. We initially signed a three-year lease with personal guarantees and currently have 23 months remaining. I am trying to figure out […]
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WHAT THE $%^&!?!” I screamed, as I slammed down the phone receiver. “I HATE THIS!! I CAN’T KEEP DOING THIS CRAP ANYMORE!” Can you say “meltdown”? Yeah, I had one last month. Triggered by technology. The frustrations. The convolutions. The glitches. All of it pulling me away from making money … and all of it […]
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Although my colleague, Howard Greenstein, wrote his post “How to Honor September 11th” several years ago, I still think it has enormous value today. Wouldn’t it be something if we really could turn this day into a day of community service? On September 11th, people made the ultimate sacrifice for our ignoring the warning signs […]
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I hear a lot of complaints from business owners about not getting paid . . . cash flow is an issue . . . and they’re concerned about meeting their own obligations. But when we start to explore how they can protect themselves from slow payers, I find that they’ve often left themselves exposed. Here […]
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“There’s no ‘I’ in ‘team’.” “It takes a village.” Or my favorite, “You don’t sharpen a knife against a sponge.” All of which is meant to say, if you want a successful business, don’t go it alone. I learned this the hard way. For years I thought having a more senior business partner would be […]
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Threats to our business can take many forms:natural disasters, like tropical storms, earthquakes, tornadoes, fire, or flood.There are outside threats, like terrorism . . . or a sagging economy.They are difficult enough to weather.More insidious are the threats that we invite into our business with open, and unsuspecting, arms. Employees, visitors, vendors, clients – we […]
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Beginning tomorrow, award-winning global brand analyst Mary van de Wiel (aka Van) and nine other creative visionaries (including moi) will share their insider strategies with entrepreneurs, small-business owners, and startup CEOs through a FREE online Brand Reinvention Summit. This innovative summit is designed to help struggling businesses rethink, revitalize and repackage their brands to get […]
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From Daneen Skube, Ph.D., in the Seattle Times came this question-and-answer about business partnership: <<Q. I’m thinking of going into business partnership with my friend. Is there any question I should consider to help me make a decision? A: Yes — would you marry your friend? Marriages are not the only unions that have a bad […]
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As you look back on the past year, and think about planning for the future, you’ll ask yourself a question reminiscent of New York City’s former Mayor Ed Koch, “How’m I doin’?” So how are you doing? Did you have a good year and meet your targets? Is your business healthy, with a strong foundation? […]
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Taking on a business partner is not a decision to be made lightly. It’s much like getting married. With the tools provided to you in The Entrepreneur’s Prenup you will always have the partnership guidance you need, regardless of where you are in your partnership process.
Nina in the Media