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I’m really sympathetic to the woman who wrote me this question, but I think I have bad news for her. Maybe the good news is that I’m not an attorney, so I have no real expertise. Read More

Micromanaging isn’t just what you do; it’s the natural result of what you did: you gave (or pretended to give, because you didn’t really give it) a job to somebody, then you second-guessed their decisions and complained about results. Read More

I see these time-related mistakes too often, and I’ve made every one of them myself, and more than once. I hope by listing these common mistakes here I can help you avoid making them yourself.
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Starting up a new business can be exciting for those with entrepreneurial spirits, but developing a business plan that has an accurate budget can be a daunting task. Read More

Thirty-some years in business, and I’m still troubled by management style. Maybe it’s that (MBA or not) I’ve never been comfortable with authority — Not with accepting it, and not with wielding it. But I managed. Read More

It’s an obvious question. And if you’re looking for startup investors you’d better be able to answer it well, and quickly too. No wandering eyes. No doubt. If you’re doing a pitch, have a slide for it. And be specific. Read More

Banks can’t lend you money on your business plan. It’s against the law. Banking laws have discouraged banks from investing in your startup since the Great Depression of the 1930s, when lots of banks went under. You have to have some assets – like your house equity – and you have to risk losing them Read More

So you want to start that company but you don’t have enough of your own money to do it. Most people think you either borrow the money or find investors, but neither of these are always possible.  Read More