Tag Archives: Entrepreneur

She’d be 99 tomorrow…

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The day after tax day… 2007. I am summoned to visit a potential client with a problem. They have been using PCLaw (a superb accounting system for lawyers, accountants, and consultants- i.e., anyone who needs to track and bill time) for several years, a program with which I was and am intimately familiar. We talk and agree that I will assist them to resolve their current problems.

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New Venture Reasonable Compensation

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I had a discussion with a new entrepreneur the other day.

They left their full-time position and started their own business.  (One of the key factors to remember during this discussion is that the new business is different from the full time employment they left.  Had that not been true, the analysis would be different.  I will mention some of those differences as we proceed.)

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We’re All Startups Now!

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The world as we know it has changed.  That part is absolutely true.  More so than after 9-11, when many of us thought the same thing.  Because this time, it’s not just America that has been hit- but the world.  And, it’s still hitting the world- and will be doing so for a while.

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55 days?

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This year has been crazy.  We’ve gone from being relatively care-free to an agonized mess.

Our annual accounting with the government should have ended a month ago- but a great percentage of us won’t finish with this task for another two months.  Which is part of the subject matter I’ll be discussing today.

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