Archive for Family
Recommended Reading on the Health Care Crisis
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The current health care debate that is being engaged in across the country is so important because it impacts every person and every business in important ways. While I am generally conservative in my political leanings (with libertarian smatterings – and even an occasional liberal thought), I won’t be using this blog to further any political purposes, other than to support free enterprise.
Nevertheless, I thought I would share one of the most intelligently written and carefully thought-out pieces that I have read on the state of health care in the United States. Everybody seems to agree that the system is broken, but there are disagreements about “what” is actually broken, and how to fix it. The article, How American Health Care Killed My Father, written by David Goldhill and published in the September issue of The Atlantic, makes a powerful statement about the real problems in our nations health care system, and proposes a unique solution that nobody in Washington D.C. is discussing.
No matter what position you find yourself taking in the current political debate, Goldhill will assuredly challenge your assumptions and make you re-think your position. I know it had that impact on me.
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10 Keys to business survival in a recession It seems to be the consensus among business and political leaders that our economy is worse than it has been in generations. Statistics, for what they are worth, prove it. In other words, most of us have never seen anything like today's economic crisis, and there isn't much in our...... -
Capital, Confidence and Concept Conventional wisdom says that starting your new business is risky, although these days "risk" is a relative term. It turns out that working for someone else is risky, too - as so many people have discovered in the past 18 months. Evidently, joining a union for the perceived promise of......
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Anna Nicole Smith: A legacy of not planning for the future
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There is an Associated Press article on Law.com about the mess that Anna Nicole Smith left behind for her estate. In addition to the paternity suits, DNA tests and jurisdictional wars between the Bahamas and the U.S., there is also the highly personal tragedy of an infant daughter who will never know her mother. This tragedy, and the uniqueness of Smith’s life underscores the need for proper and up-to-date estate planning.
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11 Steps to Giving Employee Negative Feedback Every successful entrepreneur eventually has the experience of giving what is perceived to be negative feedback to an employee, manager, vendor, or partner. Providing this kind of feedback is essential to leadership, and it is the most direct way to provide direct reports with information on how they are performing. ...... -
Five Essential Leadership Traits You Need When Times Are Tough I don't have to tell you how turbulent the last couple of years have been. We've seen the impact of the economic environment on entrepreneurism in a big way over the last 18 months. On the bright side, I am seeing that businesses startups today - and those existing businesses......
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The Lost Art of Giving Thanks
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My appreciation for the Thanksgiving holiday has matured over the years. There was a time when all Thanksgiving really meant to me was a great meal by my grandmother that inevitably turned into an eating contest with my younger brothers, followed by a football game on TV as we lay on the floor, writhing in the bloated discomfort of our engorgement. Then we had pie.
I find myself a lot more contemplative these days about Thanksgiving. It really isn’t about the turkey dinner or the football game anymore. And, while my thoughts during Thanksgiving – and the entire holiday season, for that matter – turn increasingly toward my family, I am also reminded that sincere expressions of gratitude are a tremendous source of both internal and external power in business settings as well.
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Your Business Checkbook Doesn't Tell You Everything It can be a real challenge for a new entrepreneur who doesn't regularly balance his or her personal checkbook to adjust to the demands of business accounting. Business accounting is a critical discipline that the business owner either must learn and adopt - or must outsource to someone else. No...... -
Protecting Your Credit in Economic Decline The "credit crisis" has become ubiquitous. It is being blamed for everything from home foreclosures to a plummeting stock market. Many individuals and most businesses are feeling the pinch from the credit markets today. Which is precisely why it is so important to carefully manage and protect your personal and......
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Husband & Wife Ownership of LLCs in Community Property States
Posted by: | CommentsI am frequently asked about the impact of a husband and wife owning the membership interest in an LLC in a community property state. It is and interesting issue that is unresolved in many respects.
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Charitable Giving Statistics Americans give billions of dollars per year to charities. In fact, charitable deductions in 2002 totaled over $136 billion. According to the IRS Statistics of Income Bulletin (winter 2003-04), here are the average breakdown of claimed deductions for charitable contributions on 2002 tax returns: Taxpayers with Adjusted Gross Income between...... -
We Believe in Entrepreneurism Zogby Interactive conducted an interesting poll of Americans to see where the nation is placing its faith in a better future. "Who will lead us to a better future?" Here are the results: 63% - Small business and entrepreneurs 52% - Science and technology leaders 38% - Family and friends......
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