Your Business Mentor
I remember sitting in my kitchen, homebound (dry and with power, thank you) due to the largest flood in U. S. history for Houston. It is amazing to think that in four days we received as much rainfall as Houston normally receives in a year. My phone kept dinging with texts that another friend or client (including our daughter) had water inside their home. …
[Read more...] about Celebrating Survival: Recalling a Powerless Time
Patience is not the strongest virtue most of us have. As business owners, we seek more control over our schedule and life. We are willing to make great sacrifices of time and risk all our money on a vision. This makes us a unique minority. Some are jealous of us. Politicians crave larger and larger shares of our wallet. Regulators would like to …
As a follow-up note to my blog entry, Business Insight from Slime and Lemonade Stands, Texas Governor Greg Abbott signed a law on Monday June 10, 2019, making it legal for minors to run lemonade stands without a permit starting September 1, 2019. It gives kids the right to sell non-alcoholic beverages on private property without worrying about authorities, …
[Read more...] about ETA: Business Insight from Slime and Lemonade Stands
Succession planning for closely held business owners is a bigger challenge than getting the business launched. During the launch and growth stage, the owner is very much in charge. They live with the consequence of their decisions. Some are very good. Others are “opportunities” to learn what not to do next time. In succession planning, getting it …
