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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. Read More
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 […] Read More
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 […] Read More
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. Read More
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. Read More
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. Read More
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 […] Read More
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 […] Read More
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”. Read More