Jun 1, 2023 | Access to Capital, Economic Development, Entrepreneurship, Starting a Business
I usually quote George Carlin, but here’s a recent banger from Harvard’s Kennedy School: Although nearly 40% of all privately held firms in the United States are founded by women, only 2% of U.S. venture capital financing is allocated to female-founded firms. Read...
Apr 30, 2023 | Entrepreneurship, Retirement
If your business is locally loved and has a lot of community goodwill, an Employee Stock Ownership Plan (ESOP) can be an excellent exit strategy as you plan for retirement. Your employees helped you build your business and will serve as trusted custodians of it going...
Apr 1, 2023 | Entrepreneurship, Intellectual Property
Not only technical masters of their craft, writers—great writers—have a deeply intimate relationship with words. When I read Hemingway, I damn well know I’m reading Hemingway. Dickens, Plath, King, Wilde, Tartt, these utterly distinct and nuanced writers are wholly...
Mar 2, 2023 | Entrepreneurship, Marketing, Rebuilding a Business
A common perception is most entrepreneurs are gamblers by nature. While I think this is true, there’s more nuance to it. Most successful entrepreneurs aren’t betting on a game of pure blind luck like roulette. You’ll find them perhaps at the Blackjack table, a game...
Feb 7, 2023 | Entrepreneurship
You’ve spent a lifetime building your business. Years of sacrifice, toil, sweat and tears. Eventually, every business owner faces a point in time when they must consider an exit strategy. With proper planning, there’s every reason to think that it will end up in good...
Jan 1, 2023 | Entrepreneurship, Starting a Business
We’re entrepreneurs. We like to be the only cooks in our kitchen. We single-handedly plan the menu, prep, cook, serve, host and clean up. That’s fine for a dinner party here and there, but utter idiocy for sustaining a profitable restaurant. One of the top reasons new...