Financial Poise

Articles tagged: Business Leadership

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Artist Painting, representing a successful entrepreneur

5 Mistakes Avoided by All Successful Entrepreneurs

Successful entrepreneurs know the importance of delegation, a good idea and lessons to be learned from failure. Avoid these five mistakes made by startups.

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Millenials hang around a wooden table, emblamatic of why startups fail

Why Startups Fail: 5 Mistakes that Lead to Failure

Empowering Entrepreneurs Despite Difficult Odds Nine out of ten startups fail. That’s the bleak truth. While this statistic may discourage some entrepreneurs, it should also encourage them to learn how to avoid the fate of those other nine. Here are five reasons why startups fail and how entrepreneurs can avoid common mistakes. The more you […]

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A man and woman chat at a coffee shop, symbolizing good governance and communication in family businesses

Without Good Governance, Family Businesses Go Nuclear 

3 Case Studies on the Importance of Good Governance To put it bluntly, proper governance does not come naturally for most private and family businesses. It requires leadership to understand that good governance protects the business, and is worth the sometimes substantial time and effort required to achieve it. Families will never be perfect. Which […]

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A family takes a selfie in front of a castle, symbolizing the fun in family governance

Lessons on Family Governance in Business

The Cornell/Loyola Family Business Roundtable brought together thought leaders to discuss business and family governance. Here are the key takeaways.

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company culture is the elephant in the room

Embrace the Elephant in the Room: Advice on Company Culture

As companies grow, culture can get lost. Learn to maintain company culture and embrace disagreements as more voices enter the room. 

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An exit sign on a highway, symbolizing that business owners should not wait to sell their company

Don’t Wait to Sell the Company

A business owner refused to sell the company amidst a changing market and growing debt. Here’s why waiting too long to sell hurt his business exit. 

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trump tariffs hit Chinese imports

Expert Advice on Surviving the 2019 U.S. Importers Crisis

How to Lessen the Impact of the New Tariffs Recently, The U.S. raised tariffs on $200 billion worth of products from 10% to 25% with a threat to levy additional tariffs on an additional $325 billion worth of goods from China. These new tariffs follow a host of previous White House-imposed duties on various trading […]

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choosing an advisory board

3 Advisory Board Styles to Fit Every Business

Advisory Board Roles and Responsibilities for Any Stage of Business The boards of directors of for-profit and non-profit organizations have the same fiduciary responsibilities: duty of care, duty of loyalty and duty of good faith.  While similar to fiduciary boards, advisory boards are not the same. The purpose and function of a board of advisors […]

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Thought Leadership Opportunities: Don't Pay to Give Yourself Away

Thought Leadership Opportunities: Don’t Pay to Give Yourself Away

Thought leadership opportunities abound, but not all are going to get you where you want to go. Read this tale of one attorney’s “opportunity for success”.

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