Those of you who’ve been following my blog over the past 10 weeks or so (or at least the 3 of you who are still awake and haven’t yet slit your wrists) know that I’ve been discussing how to finance… Read More
Blog
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Soul-Searching and Venture Capital: Be Careful What You Wish For
Last week, I discussed why your chances of getting venture capital (“VC”) financing are probably less than your odds of being struck by lightning twice (click here if you missed it). This week, in the interests of piling on, I’m going… Read More
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Why Your Company Won’t Get Venture Capital Financing
A few weeks ago, I discussed several different methods of financing a new business or providing for the ongoing capital requirements of an existing business (click here to read the blog). I touched on the difficulties inherent in trying to get… Read More
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Are SBA Loans the Elixir of Life for Startups or Going Concerns? (Part I)
Over the past few weeks, I’ve been using this blog to discuss various ways of financing a business, whether a startup or an ongoing enterprise. One question that seems to be on the minds of my clients and readers of this… Read More
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Have You Got the Stomach to Finance Your Business Using Money from Family and Friends?
I’m of the opinion that the best way to finance a new business is via the “3 F’s”: Friends, Family, and, for lack of a better term, Fools. Of course, the risk and headache you undertake when you accept money from relatives… Read More
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What lawyers have nightmares about
I have this recurring nightmare. I don’t have it every day, or even every month, and to be truthful it usually doesn’t even happen when I’m sleeping. It’s more of a daytime occurrence, but in substance and fear factor, it’s… Read More
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Why you absolutely need to spend money on a lawyer
One of my favorite lawyer jokes goes like this: Q: What’s the definition of a corporate lawyer? A: Someone who prevents exciting things from happening. Unfortunately, and all too often, the joke is true. Many corporate lawyers fail to see… Read More
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Excerpts from an Interview about The Business Owner’s Pocket Guide
Recently I was asked some pointed questions about my inspiration and motivation for writing The Business Owner’s Pocket Guide and I thought I’d share those thoughts here: What was the motivation behind writing The Business Owner’s Pocket Guide? The purpose… Read More
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The Prepared Business Owner: He Sleeps in a Storm
In Have a Little Faith, Mitch Albom quotes a sermon so important to business owners that I have reprinted the entire excerpt below: A man seeks employment on a farm. He hands his letter of recommendation to his new employer. It… Read More
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Uncle Joe doesn’t have all the answers
It’s not hard to find a relative or friend willing to offer a personal opinion on a professional problem. There is really no cheaper advice than that coming from your neighbor. But with the discounted price, one risks listening to… Read More