It’s official. Effective January 1, 2012, I’m raising my legal and coaching fees across the board. I’ve spent the last two weeks poring over 2011’s financials and which goals I met and which goals I didn’t. And it’s clear. I didn’t make two of my 2011 goals. I didn’t open as many new clients (or [...]
Raising Entrepreneurial Kids
From time to time, I often regret that I haven’t spent more deliberate time teaching and encouraging my two sons to be entrepreneurs. I wonder if now that they’re 21 and 17, it’s too late. So, this article from the Entrepreneurs’ Organization blog caught my eye and piqued my interest. I like the suggestions on [...]
The Top 5 Legal Mistakes Entrepreneurs Make: Part 5
I’m sure that many of you who have read the previous four legal mistakes in this series are confidently (maybe even smugly?) sitting back saying to yourselves that you’ve never made the mistakes dealing with written agreements because you always use contracts…for vendors, clients, partners. You name it. You’ve got a contract. But, I’m still [...]
The Top 5 Legal Mistakes Entrepreneurs Make: Part 4
Speaking of partnerships, why do entrepreneurs insist on taking on partners without a written agreement? For the life of me, I can’t figure that one out. While there are many important provisions in a partnership (or operating or shareholder) agreement, one of the key provisions is what to do when one party wants out. More [...]
The Top 5 Legal Mistakes Entrepreneurs Make: Part 3
What is the only ship that won’t sail? A partnerSHIP. Yes, it’s a bad joke, but the point is well-taken nonetheless. Partnerships can be minefields to navigate. And despite all the benefits of going into business with someone else, the truth is, there are some serious downsides. One way to protect yourself is to avoid [...]
The Top 5 Legal Mistakes Entrepreneurs Make: Part 2
In the last post, we talked mistakes entrepreneurs make in selecting entities. Now what? You know the old saying: “An ounce of prevention is worth a pound of cure”. But, when it comes to legal matters, a lot of entrepreneurs seem to think no prevention or cure is necessary, attorneys are definitely unnecessary and that [...]
The Top 5 Legal Mistakes Entrepreneurs Make: Part 1
Not you. Other entrepreneurs/freelancers/contractors. Of course, you don’t hesitate to consult with an attorney about launching, running or growing your business. That’s just how you roll. But those other folks just don’t see the value in paying an attorney to talk about this stuff. To them, everybody knows how to decide what’s right from a [...]
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Why I’m Raising My Fees in 2012
December 13, 2011
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Raising Entrepreneurial Kids
October 21, 2011
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The Top 5 Legal Mistakes Entrepreneurs Make: Part 5
September 30, 2011
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The Top 5 Legal Mistakes Entrepreneurs Make: Part 4
September 28, 2011
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The Top 5 Legal Mistakes Entrepreneurs Make: Part 3
September 21, 2011
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Traci: Thanks for commenting. You make some excellent po...
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Sheryl: I reviewed my plan at the end of 2010 and made adj...
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Traci: Tessa, thanks so much for your comments. I apprec...
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Tessa Shepperson: Hi Traci,I'm a lawyer from England UK, I was told...
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Traci: I don't know why women seem to have particular di...
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