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Small Business Boomers

Archive for December 2006

December 29th, 2006

A thought for any New Year

It is not the critic who counts, not the one who points out how the strong man stumbled or how the doer of deeds might have done them better.
The credit belongs to the one who is actually in the arena, whose face is marred with sweat and dust and blood; who strives valiantly; who errs […]

By jim -- 1 comment

December 21st, 2006

One of the primary rules of business

I know I shouldn’t be surprised when someone poses this question, but I continue to be.  In of all places the WJS,  I saw it on Monday the 18th.  I paraphrase.  “Can you suggest a business that has good potential for growth with low risk?”    I hope this person is just suffering from naiveté about […]

By jim -- 0 comments

December 18th, 2006

Seize the day

“the great moderation” that is the term that economists have dubbed the current period of reduced economic volatility (Ahead of the Tape, The Wall Street Journal, 12/18/06, C1).  Apparently things are pretty stable in the US and around the world, economy wise.  The problem is none of the great economic minds around the world are […]

By jim -- 1 comment

December 14th, 2006

Lemonade from lemons

There was a very intriguing article in Investor’s Business Daily on Wednesday, December 13.  It was an interview with Shirley Ann Jackson, President of Rensselaer Polytechnic Institute, With Boomers Retiring, U.S. Tech Industry Faces ‘Quiet Crisis’; http://www.investors.com/editorial/IBDArticles.asp?rtsec=17&artnum=1&issue=20061213&rss=1 
The jest of the article was that the retirement of boomers from the sciences and engineering talent pool was going […]

By jim -- 0 comments

December 13th, 2006

A Quick Hit

For those of you Boomers that are US Military Veterans remember the Veterans Administration.  Healthcare and health insurance are among the largest ongoing expenses and worries for everyone.  The VA health system is a big advantage for those you considering going into business for yourselves.
The VA healthcare system is the largest and maybe the best […]

By jim -- 0 comments

December 12th, 2006

Gift Suggestions

I’m not against giving business associates gifts.  I just always felt that business gift giving for the holidays is a load of crap.  The bottle of booze or box of grapefruit for a client was cheesy. 
If you were a good vendor then you gave you clients the best service and the best deal you […]

By jim -- 1 comment

December 11th, 2006

Reading

Today’s (12/9/06) Wall Street Journal has an entire section on boomers and/or “retirees”.  It’s interesting and has a few cogent points.  The best one is that you need to know your financial situation.  That seems sort of obvious if you are planning to start or buy a business of your own.  The article provides a […]

By jim -- 0 comments

December 10th, 2006

The answer is action

The question is straight forward.  As a Boomer I’m likely to live for another 30 to 40 years.  What do I want to do with my time?  This is a very difficult question to face because the answer is not a statement, but a process.  Let me illustrate.
Several years ago my daughter, then 22, asked a similar question.  She […]

By jim -- 2 comments

December 6th, 2006

How yoga saves my life without all the chanting.

Now for a few words about the positive health affects of yoga.  Right at this point my wife rolls her eyes.  My enthusiasm over the health benefits I’ve gotten from it can be a bit overbearing.
First, let’s get rid of some misconceptions my wife and friends have about my personal practice of yoga.  I am […]

By jim -- 0 comments

December 5th, 2006

Small Point - Big Consequences

When you work with a client or a vendor think about who writes what language in the agreements and billing documents which will control your transactions.  This may seem like a small point, but it can have a major impact on how and when money changes hands in a business deal.  It may be easiest […]

By jim -- 0 comments

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