Book Club #10: Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future, by Ashlee Vance

Nov 9, 2017 | Book Club

It’s difficult to overstate the importance of Elon Musk in our current time. He’s a combination of Thomas Edison, Henry Ford, and Steve Jobs. He already helped create a company that was the starting gun for what would lead to cryptocurrency (PayPal) and in his spare...

Case Study #10: Why DIY is a Bad Strategy for Selling a Business

Nov 1, 2017 | Case Studies

Alexis Neely went into law to “save” her dad, who had started out wanting to be an entrepreneur, but ended up as a bit of a con artist. She also hoped that being a lawyer would save her from all the ups and downs she saw her father subjected to.   Alexis could never...

Family Businesses: Planning for Succession

Oct 23, 2017 | General

Talking about succession planning for family owned businesses… Did you know that 7 out of 10 Baby Boomers plan to work past the age of 65?   While that’s not really too surprising, given that generation’s legendary work ethic, this can cause a problem in family...

Using Your Retirement Account to Acquire a Business

Oct 10, 2017 | General

Talking about using your retirement account to acquire a business… We’ve previously discussed getting an SBA loan (and many of our acquisitions use the SBA) when starting or buying a business. If that’s not an option open to you, or if you need even more...

Book Club #9: The Personal MBA by Josh Kaufman

Oct 9, 2017 | Book Club

Because college degrees carry (still) such an outsized weight of social proof, some business owners have been known to acquire an MBA after they’ve built, scaled, and sold a company.   Josh Kaufman persuasively argues in his 400+ page book The Personal MBA that...