Right to Work for Starting a Small Business


This is not a political post.  As I’ve said before, unions are great, as long as you already have a job.  The recent change in Michigan to a right to work state will not hurt the private sector unions in the short-term and may help them in the long-term.  This is a decent description ofContinue reading “Right to Work for Starting a Small Business”

Starting a small business – Income Tax


I hate paying taxes.  I hate when my clients have to pay taxes.  I hate when my clients say, “I’m happy that I make enough money to have to pay taxes.”  You really shouldn’t be.  Imagine what you could do with the money if you didn’t have to pay it – give to charity, investContinue reading “Starting a small business – Income Tax”

Starting a small business – Social Entrepreneur


“I want to make the world a better place.”  “I only buy Fair Trade products.”  “I want to contribute X amount of my profits to XYZ charity.”  I am a newbie to these kinds of businesses.  As a misanthropic curmudgeon, I try to maintain an open, however skeptical, mind to these business models. If you’reContinue reading “Starting a small business – Social Entrepreneur”

Starting a small business – Marijuana


A few more states legalized possession of marijuana.  Check out this map – I can’t verify the information.  But it looks like legalization is gaining momentum.  Does this mean that you could start a marijuana business? Farming sucks.  You need arable land, water, seed, fertilization, a strong back, hanging barns and security.  (I’m basing thisContinue reading “Starting a small business – Marijuana”

Strategy for innovation – Society and Culture – AEI


Strategy for innovation – Society and Culture – AEI. I think this is all crap.  Innovation shouldn’t be affected by government.  While I agree that government should get out of the way, I believe that innovation needs more private capital. Let’s go outside the box.  Let’s introduce a 3% annual wealth tax on all accumulatedContinue reading “Strategy for innovation – Society and Culture – AEI”

Free Business Plan Review Offer


I must be crazy.  On April 16th, I posted an offer on Craigslist for a free business plan review.  I wouldn’t write it for you but give you creative criticism from the point of view of a potential investor or loan officer while also testing the feasibility of the plan.  There were NO takers.  IContinue reading “Free Business Plan Review Offer”

Starting a small business Part 9


How much money do you need to start a business? How do you make a small fortune in the restaurant business?   Start with a large fortune.  That one kills at most CPA gatherings. Lots, to answer my first question.  When starting a business, you need to figure out what you need including capital equipment,Continue reading “Starting a small business Part 9”

Embrace the Executive Summary – The Accelerators – WSJ


Embrace the Executive Summary – The Accelerators – WSJ. This is horrible advice for 99% of small business startups.  If you’re blessed with coding skills and an incubator, go ahead and follow this advice.  If you are starting any other kind of business, with YOUR money on the line, you need to build a budget/plan.  Check outContinue reading “Embrace the Executive Summary – The Accelerators – WSJ”

Starting a small business – Websites


Check out a free webinar happening now.  Click here now.  I should have shared this earlier.  It is full of great ideas.  It’s free.  No one is trying to sell anything, except a download of the video.  If you have time, check it out. I’m stuck on hold with IRS and taking notes from webinarContinue reading “Starting a small business – Websites”