Like all baby-boomer geezers, I really think that I will live forever, that I will always be healthy, that I will be able to work productively and creatively into my 90s and beyond, and that I will always look like I did back in the 1970s.
I really don't feel my age, and I certainly don't act it. But a number of recent events have convinced ...Read more
"I started a service business earlier this year. I formed a limited liability company, and I'm the sole owner.
"Last week, I met with an angel investor who is really excited about my idea. He has offered to put $250,000 into my company, some of which I could use to pay myself a small salary until the business can support itself.
"There's ...Read more
"Several friends and I are setting up a local charity to help recent college graduates pay off their student loans. We also intend to lobby our state government to pass laws allowing banks to forgive student loans.
"We filed with the IRS for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code, but they came back at us with ...Read more
When your limited liability company starts attracting investors, you will need to adopt a more formal way for people to own, operate and manage the company.
Last week's column suggested some basic changes, including:
--Adopting a board of managers to run the company day to day.
--Giving owners units of membership interest (like shares of ...Read more
Ah, summer. A chance to lie on the beach, do some camping or outlet shopping, and ... do some big picture thinking about where your business has been and where it's going.
Getting away from the day-to-day grind and distancing yourself from your business actually helps you run your business better. I find that when I'm not spending my day ...Read more
"My wife and I are planning to start a food truck business, but are confused about all the licenses and permits we will need to operate the truck. Do we need all the same licenses that a regular restaurant would need?"
The food truck industry has boomed in recent years and, as with any innovation in the world of business, the lawyers are ...Read more
"My partners and I formed a technology startup last year. We've done a 'friends and family' round of financing and have perfected our product.
"Now we need $2 million to bring this product to market. I've been reading about the new federal rules allowing companies like ours to advertise our offering and solicit investors through the Internet,...Read more
"I was downsized from a large corporation a couple of months ago.
"I'm excited about starting my own solo consulting practice. I've had some business cards and stationery printed out and have already lined up a couple of interviews for consulting work.
"I've also been approached by a local temporary employment agency that wants to place me ...Read more
Last week, over 200 top-level eBay sellers attended the 12th annual eBay Radio Party and Conference in Las Vegas. This event, sponsored by the eBay Radio podcast, has become the must-attend national meetup for people who sell on eBay.
I always look forward to this event each year (my talk this year was on "Social Media Marketing and the Law")...Read more
This column, which originally appeared in May 2009, is one of the most requested and reprinted "Succeeding in Your Business" columns, especially during graduation season.
Members of the Class of 2015:
I was sorry to hear that the reality TV star who was to have been your commencement speaker today had to bow out at the last minute. I was ...Read more
"I am a social media marketing consultant. Basically, I help small businesses and others build a marketing presence on Facebook, LinkedIn, Twitter, Pinterest and other social media websites.
"Normally, I just set up the client's pages on these sites and post content to them whenever the client sends me material to post. For example, a ...Read more
We live these days in a world of "infotainment," "marketainment" and "edutainment."
It isn't enough anymore to just give out information. Your listeners need to have their emotions manipulated -- to laugh, cry or get angry -- even though you're talking about recent developments in sales taxation.
It isn't enough anymore to just sell ...Read more