Keep Your Mouth Shut
I work with lots of partnership problems. The hardest part of my job is dealing with “loose lips”. There was an expression during the time of WW2 that “Loose lips sink ships”.
Clean Up Your Computer
No, your computer won’t slow down as you save stuff. It’s not like adding weight to the trunk of your car. However, if your computer is approaching ‘full’, it could slow down and it could increase the likelihood of crash.
Be Careful Out There
Business going well? Everything on track? Sure? It’s time for a reminder. That next big crisis is right around the corner. We won’t see it coming because it won’t look like the last one. It will be new and unexpected. Kaboom. You’re in it. Are...
Uncertainty
Daily I see overconfidence in business. I see too much faith placed in forecasts. I see big bets placed on anticipated market growth. I see investment in businesses that are near bankruptcy. I see these things because people tend toward certainty. They start with a belief and then look for all evidence supporting that belief while ignoring anything that contradicts that belief.
Do Not Enter a New Year With a Dispute
If you and your business partner are not getting along, get it fixed now. Remember, once the lawyers step in, the cost goes way up and few businesses survive the process.
Partnership Dispute Resolution
There are many things that can go wrong in a partnership. The consequences of a failed business partnership is often more severe than a divorce. Most states are now “no fault” divorce states. That means you don’t fight out anything in court.