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“Mamas don’t let your babies grow up to be cowboys.��

Country music fans recognize this title and passage from the Ed and Patsy Bruce song made famous by Waylon Jennings and Willie Nelson. If there ever was a honky-tonk anthem, this is it.

Every good anthem has a hook lyric and it goes like this in this song: “He ain’t wrong, he’s just different, and his pride won’t make him do things to make you think that he’s right.��

Wish I had a nickel for every time someone watched an entrepreneur doing what...

In this week's video I talk about the evolving definition of a veteran.

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Take this week’s poll !
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The Question:

What do you think about President Obama’s promises since 2009 that you could keep your existing insurance?

2% - Whatever he said was for the greater good.

6% - Whatever he said was no worse than any other politician.

27%- Whether intentional or not, he misled the American people.

65% - The president lied to the American people.

My Comments:

Every president makes campaign promises. Some they keep and some they don’t. Most of the time when they don’t keep a promise it doesn’t amount to m...

America’s first military, the “Minutemen�� militia, were shopkeepers, craftsmen, farmers, etc. Today we call them small business owners, but they were our first veterans.

Defining a veteran today is more complicated because there are multiple uses of the term. The Veterans Administration understandably has a strict, technical definition because it’s responsible for dispersing VA benefits. The classic definition is someone who has served on active duty for more than six months. But what about th...

Every small business founder gets to decide when they will start their small business. But when and how they leave the business is much less in their control.

There is no comprehensive research that breaks down the different ways small business owners divest of their businesses. But I have spent decades working with and observing the small business sector and, based on that experience, here are my thoughts and a few stats applied to responses we received to this online poll question: What will...

In this weeks video I list a few points to consider before owning your small business.

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Take this week’s poll !
Watch Jim’s videos !

The Question:

What is the single greatest concern that you have for your business right now?

50% - We need more sales

32% - We need lower taxes and fewer regulations

2%- Competing against the Big Box competitors

16% - We still don’t know what Obamacare will cost us

Jim’s Comments:

With all of the challenges facing small business owners, especially the uncertainty about the impact of Obamacare, tax increases, and sophisticated competition, the single greatest thing troubling those who create over hal...

It’s often difficult to know when to take action: When to start a new business; when to launch a new product or service; when to buy a significant piece of equipment or real estate.
When the next step can be determined by acquiring information, conducting due diligence takes care of that. Sometimes the next step involves the other party in a transaction, which can be handled by negotiations. Often, finding the capital to fund a project moves us to the launching point.
But ultimately, the time w...