“Someday, Maybe…Never?”

Your “someday, maybe…NEVER” list We all have a list, . It may even be a lil sexed up…and ambitiously called a “bucket list”. That list of things you know you need to do but have been putting off way too long. I call it the “Someday Maybe…NEVER” list, and if you’re like 99% of other new business […]

Running a business is like playing a board game

Running and a business is like playing a board game, .But, which game are YOU – the business owner – really playing? Are you playing CHESS? EXECUTING business decisions that ONLY contribute towards your final, exit strategy. Adopting the mentality of thinking X steps ahead to accomplish your goals. Utilizing and acting upon your active […]

Birthdays, business & bucket lists.

So….. I’ve got a monumental birthday coming up in 11 months and 2 weeks (Trust. No one’s counting). The kind of birthday with a 4 in front of it. Of course, it inspired grand, bucket list plans to Tokyo and….triggered all sorts of emotions. Nostalgia. “Damn, it’s been a crazy ride” Elation. “Oooooh ya…..I’m so […]

​Protection is a sign of respect.

Respect shows up in different ways in your business, . It may be by your daily work times dedicated to your craft or by standing firm on your prices to a customer. Real respect for your business is knowing the VALUE of your assets and defending its’ FUTURE PROFIT by your current PROTECTION. Yes, PROTECTION […]

Profit is ALWAYS sexy.

How do you really know you have a solid, profitable idea for a product or service? Easy answer: Uh, someone pays you actual money for your product or service idea. MONEY!!! Better answer: PROFIT = REVENUE – EXPENSES. Basically, whatever is left after you subtract your Expenses (Costs and Liabilities to actually deliver the Service/Product) from your Revenue (All […]

“I did it, alone”

“I did it, alone” …..said no successful business owner. EVER. The fact is, , your External business team, (clique, biz gang, posse) is important to your business health. An external business team consists of service providers such as an accountant, attorney, mentor, insurance agent, banker etc. You might feel that without funding or connections, your […]

Where do you “avoid the TV” in your business?

tv media

Recently, I was staying at a hotel for a legal training and I was surprised that they didn’t have a television within the room. Now, it’s a key staple of most hotel rooms to have a TV (big or small) within the room for entertainment or “draw” value. For a solid 2 hours, I was […]

Where do you spend your REVENUE-TIME?

Free Revenue

The biggest “A-HA” moments (or “OH-NOOOO” – depends on their outlook) by my business clients happen when they see how MUCH time they waste on NON-REVENUE generating activities. What’s NON-REVENUE, exactly? Anything that doesn’t directly make money for the business OR honor the owner’s strengths that create revenue. During last week’s Workshop: GOAL SETTING FOR […]

Founders that fail successfully….fail well

success

Failing was NEVER high on my list. It sucked. It didn’t look amazing on my resume – and nobody who failed….well, really talked about it. Failure was like the embarrassing uncle you try to hide from your friends. 3 years ago, myself and 2 other partners went to form a company on advisory boards for startups. […]

Do you have an idea, hobby or a business?

business idea

Happy Monday, One of the top questions I get as a startup lawyer and advisor is: “SHOULD I start a business with my product/service?”. Now, here’s the deal – I, (or anyone else for that matter) can’t tell you what you “SHOULD” be doing with your life – everything is truly within your decision-making control. […]