I was asked recently to assist someone in evaluating a company that he had been involved with.  It was a start-up with lots of potential.  They had some intellectual property (“IP”) and were moving from the development phase to the manufacturing phase.  Just because you have a good idea and have established your rights to it, doesn’t mean you can now head a manufacturing operation.  Please realize that they are very different, and in... Read More

I have the utmost appreciation for business.  A lot of you have asked me “what in the world is going on right now?”  I think there is some confusion regarding the perception of business and the banking industry.  I don’t think the same rules apply; and I don’t think it is appropriate to lump the two together.  I believe, for example, that there are plenty of (perhaps more than enough!!) regulations in terms of businesses and ho... Read More

One of the paramount elements in building a foundation for your business centers around making decisions.  In order to make informed decisions, you must accumulate sufficient knowledge.  Knowledge is power, we all understand that part.  That knowledge needs to translate into judgment calls and decisions. My purpose is to provide the core information and examples by which you can build a strong business.  A fundamental understanding of the business re... Read More