When a major storm bears down on the open sea, cargo ships can be vulnerable to major damage, sinking and possible fatalities. In such a dangerous scenario, the captain must put the safety of his vessel and crew above all else, even if that means cargo is jettisoned. On land, businesses go through similar struggles…
Not following the payment structure I described in part three of this series can cause you big problems. Customers who deviate from this will cost you a lot of money, not only in not getting paid but also in attorneys’ fees. In your sales contract, add a binding arbitration clause. People argue this with me,…
If you are a contractor, your world turned upside down in 2008 and 2009. The housing bubble burst; new construction dried up; unemployment went to 10 percent; and consumers stopped spending money. Unless you sold your business for millions before this happened, your company was affected. Most everyone has heard the definition of insanity: doing…
What do you want from your life? Such a loaded question and not easy to answer. Most have a general idea within a few minutes; a more detailed definition is usually a week or so away. The problem with this question is the societal and self-imposed walls and limitations we put on ourselves. As young…