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Death, Taxes and Exit Planning

01/14/2018 12:24:53 PM

(This post was published in the Sageworks/ProfitCents blog earlier this week) Understanding the Post-Ownership Void As advisors, we understand that our business clients should be preparing for the biggest financial event of their lives – the ...

Employee Retention Before and After Your Exit

12/31/2017 11:04:36 AM

In most businesses, employee retention is a material factor in valuation and transferability. The ability of a buyer to assume control of a fully-functional organization has substantial influence on his or her perception of a company’s value. ...

Celebrating Mr. Fezziwig

12/26/2017 07:30:56 AM

To celebrate the holiday, I’m reprinting a post from 2013 about the underappreciated boss of A Christmas Carol, Mr. Fezziwig. I hope that you enjoy it. The post Celebrating Mr. Fezziwig appeared first on Awake at 2 o'clock?.

Life After Exit — Time is of the Essence

12/03/2017 13:05:08 PM

From time to time, we share real stories about life after exit from owners who have sold their businesses. Some are great and some… not so much. The have agreed to share their experiences to help other owners prepare for … Continue reading ...

Exit Planning – Maintaining Control

11/06/2017 16:34:21 PM

For many owners, their biggest concern in an exit plan is maintaining control.  Whether they seek to sell to employees, family or a third-party, there is a fear that, once started, the process will have its own rules and momentum. My colleague ...

Choosing Your Timeframe to Exit

10/10/2017 09:32:35 AM

“My timeframe? Talk to me in about five years.” When business owners are asked about exit planning, that answer is almost ubiquitous. The post Choosing Your Timeframe to Exit appeared first on Awake at 2 o'clock?.

Internal Transfers: Legacy vs. Lucre

09/13/2017 17:04:50 PM

Lifestyle vs. Legacy Why would I refer to the results of an internal transfer as “lifestyle vs. lucre? The post Internal Transfers: Legacy vs. Lucre appeared first on Awake at 2 o'clock?.

The Right Price for Your Business

08/20/2017 09:16:40 AM

“If someone offered me the right price, I’d sell in a minute!” Exit planners and business brokers hear it all the time. “Anything is for sale if the price is right! The post The Right Price for Your Business appeared first on Awake at ...

After the Exit: Second Acts

08/06/2017 11:02:07 AM

As part of my effort to add variety to the types of exit planning posts here, I will occasionally include “Second Act”, stories about business owners who have already left one career, and are now doing something else. The Second … Continue ...

Why GenXers Won’t Buy Your Business

07/30/2017 11:38:03 AM

There are six reasons why GenXers won’t buy your business. Last week I presented a webinar for the Exit Planning Institute entitled “The Perfect Storm.” It looks at six factors impacting the desire and the ability of Generation X buyers ...

The Nimble Small Business

07/23/2017 10:34:50 AM

Almost since time began, the nimble small business has been axiomatic. Large corporations are like big ships, the common knowledge goes. They take a long time to change direction. The post The Nimble Small Business appeared first on Awake at ...

Quality of Earnings Part 3: Cash Flow

06/25/2017 10:10:01 AM

In the past few weeks we’ve discussed how quality of earnings audits look at your income and expenses, and their impact on company value.  Since Revenue less Expenses equals Profit (P=R-E), you could be forgiven for thinking that we have ...

Quality of Earnings Part 2: Hidden Expenses

06/11/2017 11:40:47 AM

In my last post we discussed quality of earnings audits from a revenue perspective. Customer concentration, marginal lines of business and contracts are the three most common revenue traps. If you are comfortable with your company’s strength ...

Quality of Earnings Part 1: Revenue Traps

05/21/2017 11:22:46 AM

This will be the first of several columns on quality of earnings. While a formal, third-party Quality of Earnings Study is more often seen in mid-market transactions, even small business owners should be aware of the factors that can cause … ...

After the Exit; “Nothing Will Change”

04/27/2017 08:19:16 AM

“Nothing will change.” It is almost de rigueur for an acquirer to include that in his or her opening comments to the incumbent staff of a just-purchased business. Sometimes it is the seller’s attempt at making folks feel better. The post ...

Exiting a Family Business: Three Questions

04/09/2017 07:20:14 AM

Transitioning a Family Business has special issues. This interview was reprinted last week in the newsletter of Steven Bankler, CPA. We asked San Antonio business consultant John F. The post Exiting a Family Business: Three Questions appeared ...

Exiting a “Time and Place” Business

03/19/2017 10:32:32 AM

“The purpose of middlemen in the marketplace is to provide time and place utility.” I remember the light bulb going on in Economics 101 when my professor said that.  Suddenly, I understood the concept of added value. The post Exiting ...

The Unsellable Company

02/27/2017 15:31:30 PM

What does an unsellable company look like? Some business brokers will assert that there is a buyer for any business. That may be true, but historically four out of every five small businesses listed for sale fail to sell. The post The Unsellable ...

A Transition to Exit Planning

02/12/2017 09:21:54 AM

It is time for a new direction. This marks my 400th posting to this site. I’ve enjoyed writing weekly about the daily issues and opportunities of business owners for almost ten years, but it is time for a change. The post A Transition to Exit ...

Business isn’t Zero Sum

02/05/2017 10:45:10 AM

In any negotiation, you can assume a win-win solution or a zero sum outcome. “Win-win” is defined as when both parties come out ahead or achieve what they seek. “Zero sum” is when the premise behind negotiation is that whatever one ...

Stop Managing

01/29/2017 11:39:52 AM

Why would anyone advise business owners to stop managing? Management is a proven science. From the time and motion studies of Frederick Winslow Taylor in the late 1800s, to Matthew Kelly and Patrick Lencione’s Dream Manager, we are constantly ...

Exit Planning in a New Political Environment

01/22/2017 10:31:37 AM

What does a new political environment mean for business owners who are planning to transition their businesses? Should you accelerate your plans, or slow them down? As I’ve said many times in this space and elsewhere, the biggest single factor ...

Branch Mentality and Sanctuary Cities

01/15/2017 08:21:13 AM

Every multi-unit company suffers from branch mentality. I’ve worked with many, and no matter how much they promote a corporate culture and team spirit, branch mentality creeps in sometimes. It comes in two versions; the outposts’ attitude ...

Exit Planning: Telling Secrets

01/08/2017 10:08:41 AM

Planning your exit from a business is a process of telling secrets. For many owners, it is the most terrifying part of selling. A rancher in South Texas once said to me, “I’m going to tell you a secret, and you … Continue reading ? The ...

Resisting Technology

01/01/2017 10:43:46 AM

A substantial number of business owners are still resisting technology. Clearly, they can’t be doing so in the expectation that it will go away. The only possible rationale is that it could hurt their business. The post Resisting Technology ...

Bah Humbug! Remembering Mr. Fezziwig

12/25/2016 08:50:11 AM

To celebrate the holiday, I’m reprinting a post from 2012 about the underappreciated boss of A Christmas Carol, Mr. Fezziwig. I hope that you enjoy it. The post Bah Humbug! Remembering Mr. Fezziwig appeared first on Awake at 2 o'clock?.

How Much Does that Gorilla Weigh?

12/18/2016 10:31:24 AM

How much does that (fill in your preferred number here) pound gorilla weigh? I always refer to an 800 pound gorilla, but I’ve heard others use everything from a 400 pound gorilla (which is pretty close to their real size) to … Continue ...

Protecting Your Best Asset

12/11/2016 12:21:32 PM

If you are planning your exit from the business, what is the best asset that you have to sell? Unless you have patented product, exclusive rights, or long-term customer contracts, you answer was likely “Our people.” Even if you have … ...

The Entrepreneurship Meritocracy

12/04/2016 11:14:19 AM

For those of us who compete in the entrepreneurship meritocracy, listening to the complaints of those who are employed can sometimes be irksome. I recently sat at an open table for an event. One of the other guests there was … Continue reading ...

Exit Timing and the Global Economy

11/27/2016 07:36:57 AM

How much will your exit timing be affected by the global economy? Most small businesses serve local markets. Their owners, if they have thought about it, plan to sell to a local individual. The post Exit Timing and the Global Economy appeared ...

Millennial Employees: Why Their Opinion Counts

11/20/2016 10:00:12 AM

A couple of months ago I followed Jabez Le Bret‘s presentation about Millennial Employees on a national meeting agenda. He is an entertaining speaker and an excellent story teller. As every speaker hopes, one of his stories stuck with ...

Dear President Elect Trump

11/13/2016 08:44:54 AM

Dear President Elect Trump; Congratulations on your election. Clearly there is a strong sentiment for change in the United States, and it appears that you are the beneficiary. I hope that supporting small business, the engine of job creation ...

History Begets Attitudes

11/06/2016 09:58:20 AM

History begets attitudes. I’m back from my biannual depressurization trip. This time it was to Central Europe. The post History Begets Attitudes appeared first on Awake at 2 o'clock?.

Business Buyers: The “Buy Now, Pay Later” Generation

10/16/2016 10:00:16 AM

If you are preparing to sell your business, your buyers will likely be members of the “buy now, pay later” generation. Generation X is the first demographic group to be raised in a culture that put little emphasis on savings. … Cont

Time Bankruptcy and Communications Technology

10/09/2016 07:09:52 AM

A friend says that she hasn’t been able to tackle any new projects because she is in “time bankruptcy.” It expresses very well how she feels about her ability to control her schedule, but she has been claiming bankruptcy for …

Trust in Business and the Law

10/02/2016 10:58:51 AM

Every day, in almost every transaction, we rely on trust in business. We believe that a customer will pay us according to the terms of a sale. Our employees have access to money, goods and confidential information because we trust them. The ...

Ownership Transfer and Employee Security

09/25/2016 09:15:02 AM

When we start planning for the sale of a company, many owners ask me about sharing information with employees. They are naturally concerned that an ownership transfer will cause their workers to seek more secure positions elsewhere. This is ...

Generational Differences and Identity Politics

09/18/2016 11:25:19 AM

Generational differences are a hot topic for organizational behaviorists. Is this a real issue, or is it just the current management fad? “Never in history have we seen four generations together in the workplace. The post Generational Dif ...

Employee Gratitude isn’t Loyalty

09/11/2016 09:59:01 AM

Most of us have heard something like this expression of employee gratitude. “I’ve enjoyed working here. You taught me so much, and you’ve always treated me well. The post Employee Gratitude isn’t Loyalty appeared first on Aw

Is Your Business Built on Individual Heroics?

09/04/2016 10:23:14 AM

Great employees are a wonderful gift, but individual heroics aren’t healthy for your business. Someday, you will start thinking about leaving the business. Perhaps you already do. The post Is Your Business Built on Individual Heroics? appeared ...

Maximize Resources – Use What You Have

08/28/2016 07:41:08 AM

Every owner wants to maximize resources. The whole concept of profitability is based on doing the most with the least, but we often are trapped in the prevailing thought pattern about how things “should” be done. When taking a car …

Good Customers Can Be Bad

08/21/2016 10:35:04 AM

When can good customers be bad? What could be wrong with a customer who buys a lot, pays promptly, and never has a service problem? They might be buying too much. The post Good Customers Can Be Bad appeared first on Awake at 2 o'clock ...

What is Your CEO Job Description?

08/14/2016 09:31:43 AM

On occasion, a business owner client will ask me if I have a CEO job description. I’m sure such exist in large corporations, but for an owner-managed company it’s a bit vague. The simple (and usual) answer is that the … Continue rea

The Immortal Business Goes on Forever

08/07/2016 10:32:40 AM

Do you run an immortal business? I hope so. If you answered “no,” or even hesitated to be sure of your response, then you don’t think of your business as immortal. The post The Immortal Business Goes on Forever appeared first on Awa

Employee Peer Review: The Internal Market

07/31/2016 09:45:40 AM

There are various approaches to employee peer review. Comprehensive multi-level feedback, top-down and bottom-up comparisons, and even the lightening fast Stoplight 360 I wrote about here a few years ago. In may instances, however, the most ...

Selling Your Business: Money isn’t Everything

07/24/2016 12:00:52 PM

When I was a kid my mother said “Money isn’t everything” in response to every envious glance at another kid’s stuff. As I became successful enough to afford things for my children, I reversed the meaning. “Money isn̵

Employees Who Make Bad Choices

07/17/2016 10:59:00 AM

Employees who make bad choices in their personal lives usually create problems in the workplace. Should you take their issues outside of the business into consideration when hiring or assigning responsibility? The legal answer of course, is ...

Selling to Employees: Is Your Exit Strategy Right in Front of You?

07/10/2016 10:25:38 AM

When I interview a prospective client for exit planning assistance, we usually explore selling to employees. The first reaction is always “That won’t work. They don’t have any money. The post Selling to Employees: Is Your Exit Strat

Employee Experience: Is Bigger Better?

07/03/2016 09:01:01 AM

Small businesses provide much of the initial employee experience. We take younger folks and teach them decent work habits like showing up every day, being on time, and working to deadlines. As owners, our personal skills may not be sufficient. The ...

What’s in YOUR Nondisclosure Agreement?

06/26/2016 09:01:58 AM

A Nondisclosure Agreement (NDA) has become one of the basic standard documents in every company’s wallet. Between the rising swell of Baby Boomer owners entertaining exit planning, and greater caution surrounding the legal issues of strategic ...

Choosing Not to Maximize Profits

06/19/2016 10:48:53 AM

The other day, a client asked me to review some questions from an MBA student studying business ownership. One of the questions was “Are you doing everything possible to maximize profits?” I’ve seen the same question asked in a numb

What the Heck is Exit Planning?

06/12/2016 08:26:32 AM

The wave of Baby Boomer retirements is beginning. I’ve been writing and speaking about exit planning nationally for the last ten years, (you can download my free eBook on the subject here), but the inevitability of the demographics is gaining ...

What Should A Small Business Insure?

06/05/2016 08:25:58 AM

Every business carries insurance. Some is required by law, such as unemployment insurance or coverage on vehicles. Most is optional, but there is “common sense” coverage and more esoteric policies intended to help you recover from comp ...

The New Information Direction: Push Over Pull

05/29/2016 10:01:28 AM

Ever since we started using computers in virtually every business, we’ve been putting data into them. Unfortunately, the issue has been getting information back out. In the middle 1980’s I ran a manufacturing company together with a c ...

Help Your Friends, Not Your Competitors’

05/22/2016 08:25:58 AM

I hear it all too often. “A customer just called us for a quote. They have always done business with our competitor.

Is Two Weeks Fair Notice?

05/15/2016 09:21:23 AM

I formerly employed an assistant who held a Masters Degree in Human Resources. On occasion she’d say “I love working here. I’ll never quit.

Extreme Democracy

05/08/2016 11:02:07 AM

Last week the British government announced that it was naming their new scientific research ship the RSS Sir David Attenborough, acting counter to the  people’s selection of “Boaty McBoatface,” despite that name being an overwhel

What Does HR Do?

05/01/2016 08:58:53 AM

What are the roles of a Human Resources professional in your organization? A common rule of thumb is that a company should have a dedicated HR function once it reaches 80 employees or so. This post comes from a recent meeting of … Continue ...

Too Busy to Do Business

04/24/2016 06:30:27 AM

Another tax filing season has passed, and the entire US accounting profession comes up for air. Of course, thousands of businesses and individuals have filed for extensions, thereby postponing the pain of calculating their final numbers for ...

Small Businesses Fantasies: Service

04/17/2016 09:35:40 AM

As an evangelist for small business, I am the consumer equivalent of the locally-grown food movement. I spend as much of my discretionary income as possible with the owned-and-operated businesses in my area. As a consultant and coach to owners, ...

Let the Business Owners Pay for It

04/10/2016 08:08:48 AM

When it comes to “No taxation without representation,” the rallying cry of our founding fathers, few identifiable population segments are as abused as business owners. One of my long-time clients is a franchisor, and until very recently ...

Time to Grow Up

04/03/2016 10:05:29 AM

Young industries no longer have the time to grow up. The cycle of maturation has long been accepted as  a fact of life when a new concept becomes a business. There are a few pioneers (defined here in Texas as … Continue reading →

Talk to Your Competitors

03/27/2016 09:27:11 AM

In my two decades of managing over a dozen peer groups, I frequently had the opportunity to sit in meetings with a business owner who competed with a member of another Board. I occasionally had to bite my tongue as someone vilified … Co ...

What is the Right Price?

03/20/2016 09:38:14 AM

Of all the misconceptions by business owners, the ones surrounding their company’s value are both the most common and often wildly inaccurate. I’ve been working for the last couple of months on the training videos for advisors in our ...

The 7 Deadly Sins of an Entrepreneur — Reprise

03/13/2016 10:52:03 AM

I make no claim that using the Seven Deadly Sins as a metaphor for business behavior is original. Of course, the original concept is a codifying of “undesirable” human behaviors, or sins. The work probably comes from the Latin word R ...

The Seventh Entrepreneurial Sin — Pride

03/06/2016 10:22:10 AM

Every business owner should be proud of his or her business. If you are the founder, you built every system, and probably landed the biggest customers. If you bought the business, you took what was in place and made it … Continue reading ...

The Sixth Entrepreneurial Sin — Envy

02/28/2016 11:08:20 AM

This week we start on the two remaining deadly sins of an entrepreneur. Envy and Pride are the strategic sins. The first two (Lust and Gluttony) are operational; they interfere with how you function as an owner and leader.

The Fifth Entrepreneurial Sin — Greed

02/21/2016 08:09:14 AM

Few small business owners identify with the bloated income of Wall Street Tycoons. To accuse an entrepreneur of Greed brings up memories of the Gordon Gekko 1980’s, when “Greed is Good” seemed to be the motto of 30-something Boomers

Copreneurs: Who’s on Top?

02/14/2016 08:41:07 AM

I decided to take a mid-series break from the Seven Deadly Sins of an Entrepreneur because  its Valentine’s Day, and I have a topic I’ve been saving for the holiday. In a privately held business, we frequently see husband and wife wo ...

The Fourth Entrepreneurial Sin — Wrath

02/07/2016 10:07:36 AM

We continue the Seven Deadly Entrepreneurial Sins series that we started here. We’ve covered the two Operational Sins (Lust and Gluttony) that make you less effective as an owner. Sloth is the first of the Tactical sins; those that make ...

The Third Entrepreneurial Sin — Sloth

01/31/2016 10:04:55 AM

This week we begin discussing the tactical sins. They are those habits of a business owner that impact day-to-day operations; Sloth, Wrath and Greed. To read this series from the beginning, start here.

The Second Entrepreneurial Sin – Gluttony

01/24/2016 09:29:12 AM

This is the third in our series about The Seven Deadly Entrepreneurial Sins. You can start from the beginning here. Gluttony is the second of the Operational Sins; those that reduce your personal effectiveness as an owner and the leader of ...

The Seven Deadly Sins of an Entrepreneur – Lust

01/17/2016 09:04:41 AM

Last week we described the Seven Deadly Sins of an Entrepreneur. This week, we’ll delve into the first Operational Sin; Lust. The Operational Sins reduce your personal effectiveness as a business owner.

The 7 Deadly Sins of an Entrepreneur

01/10/2016 12:02:47 PM

The Seven Deadly Sins are alive and well in small businesses today. Far from being a hoary religious holdover from the Dark Ages, they are practiced assiduously by entrepreneurs everywhere. There is something to be said for any concept that ...

What’s in Your Leadership Golf Bag?

01/03/2016 10:56:29 AM

This is one of those posts that more or less insists on being written. Last week I started talking about the pronouns that help to define leadership styles. I felt that clearly I needed to bring in Daniel Goleman’s work … Continue readi ...

Employees and Bosses: What’s in a Pronoun?

12/27/2015 10:10:03 AM

Credit for this post goes to Van Palmer, the owner of Palmer Technology Solutions. I’ll paraphrase and elaborate, of course. but that’s the power of the pen.

“Congratulations — You are the Low Bidder!”

12/20/2015 11:11:04 AM

The sentence that titles this post could be defined as the epitome of mixed emotions for a business owner. You won the business, but only because you are willing to work for less than everyone else. Perhaps you deliberately cut … Continue ...

Not Just Workers…Qualified Workers

12/13/2015 10:43:51 AM

A few weeks ago I attended one of Trinity University’s Policy Maker breakfasts. Although living in a large city has its drawbacks, it is great for access to events such as these. It takes substantial ticket sales to justify top-rank speakers, ...

The Quest for Recurring Revenue

12/06/2015 10:24:46 AM

Recurring revenue is the current Holy Grail of business. Barriers to Entry, a traditional way of assessing your differentiation against competition, have been replaced by Barriers to Exit, how to make it at least inconvenient or at most ex ...

When a Customer Outgrows You

11/29/2015 10:51:32 AM

There is nothing that quite matches the excitement of landing your first really big customer. It often brings with it the confidence that comes with knowing, really knowing, that you can compete in the big leagues. There could be the added ...

Is Your Business in the “Neutral Zone?”

11/22/2015 11:00:05 AM

As Baby Boomers business owners approach retirement (the youngest of them turned 50 this year) they face a unique challenge. The market for small businesses is increasingly a buyer’s smorgasbord A shrinking middle-aged population, corporate ...

Police Deadly Force and Management

11/15/2015 10:21:33 AM

The outcry over the use of deadly force by police officers has dominated headlines. Ferguson Missouri, New York City, Virginia, Texas, Florida. Although incidents involving unarmed black men have dominated the headlines, the total number of ...

Don’t Train with Customer Pain

11/08/2015 16:36:53 PM

I have lot of favorite books. In business, they range from cutting edge theory to some of the little “quick reads” that build a single management or behavioral point around an allegory. One of the best in the latter category … Conti

Why Health Insurance Isn’t

11/01/2015 07:07:42 AM

Last week I wrote about the success of Obamacare in driving people from the private insurance market towards a national healthcare system. Clearly, I touched a nerve when I look at the tone of the responses received. Although I don’t … ...

Obamacare is Working, or it Isn’t

10/25/2015 10:23:54 AM

A few weeks ago I received notice of our annual health insurance increase. This year it was 38% more to keep the same coverage. Last year the proposed increase was 22%.

Do You Have a Director of GSD?

10/18/2015 09:16:09 AM

One of the biggest challenges for a small company in dealing with a giant customer is navigating bureaucracy. When two smaller businesses are working together, there is discussion, negotiation and decision. In a big organization, that is just ...

Will Small Business Win in the End?

10/11/2015 05:33:24 AM

A few weeks ago Schumpeter, the nom de plume for each current author of the business op-ed column in The Economist, postulated the decline and fall of the Western Corporation. Could small business be the little furry mammals of the 21st … ...

Boomers and the Lost Generation

10/04/2015 09:33:34 AM

Those who read this column regularly are well aware of the huge shifts underway as a result of the Baby Boomers’ coming exodus from the workplace. Those who aren’t familiar with the issue are invited to download my free, 45-page … C

Measurement is Not Management

09/27/2015 10:02:23 AM

“The employees respect what the boss inspects.” Since Frederick Winslow Taylor published The Principles of Scientific Management in 1911, breaking down tasks into measurable pieces had been the cornerstone for employee training and tr ...

Is There Anything CEOish for Me to Do?

09/20/2015 10:51:14 AM

The line is from one of my favorite New Yorker cartoons. It’s being asked by an executive of his secretary. It is also a common question of business owners who have built successful organizations.

Germany Makes a Business Decision

09/13/2015 09:18:53 AM

Germany just announced that it could accept an additional 500,000 refugees when other countries are jockeying to accommodate as few as possible. As much as the announcement was portrayed as a humanitarian effort, it is just as likely a simple ...

Companies Sell for a Multiple of…What?

09/06/2015 08:51:48 AM

Last week we discussed the difference between Main Street and Mid-market companies regarding their prospects for finding a buyer. You can read it here, but the short analysis is that the market is tightening for Main Street businesses, while ...

Owners Live in Two Different Worlds

08/30/2015 12:10:33 PM

Business owners live in two different worlds. If you are a Baby Boomer, the title of this column might bring memories of any one of the many covers of the song by the same name. (Everyone from Nat King Cole to … Continue reading →

The Toughest Part of Performance Reviews

08/23/2015 10:23:50 AM

There’s been some noise in the business press of late regarding large corporations’ decisions to eliminate performance reviews. Like those who have installed unlimited PTO (Paid Time Off) and other “new” management methods, re

Never Fire a Salesperson

08/16/2015 10:17:12 AM

The majority of business owners prefer linking pay to employee performance. The sales role in most businesses is the easiest and most obvious place to begin. Yet owners struggle with compensating salespeople in a manner that is affordable ...

Few Employees Can Go the Distance

08/09/2015 10:28:00 AM

It’s been an unusual week. I’ve had at least four coaching conversations about employees whose jobs have outgrown them. On the one hand, it’s good news.

Minimum Wage and the Middle Class

08/02/2015 12:10:10 PM

“Amongst the novel objects that attracted my attention during my stay in the United States, nothing struck me more forcibly than the general equality of conditions.” – Alexis De Tocqueville (Democracy in America, 1831) Americans have ...

The Extinction of the Summer Job

07/26/2015 10:00:48 AM

I’ve read several articles of late discussing the decline in the number of older high school and college students that take jobs for the summer. Each of these reflected on how summer employment taught millions of Americans their first work ...

Ageing Boomer Entrepreneurs: Fearful or Smart?

07/19/2015 10:41:49 AM

Do we become more cautious with age? Startups are usually associated with younger entrepreneurs. By the time they reach their 50s or 60s business owners tend to tackle fewer big new ideas.

Culture Counts!

07/12/2015 08:27:41 AM

Small businesses can’t compete with large corporations on salary and benefits. I’m not being unduly cynical, it’s just a fact. The top 1/10 of 1% in US household incomes start at $1.