Over the years, as I have taught business, investing, and finance classes, I’ve always adhered to one solid principle: “Do as I say, not as I do.” Time after time, I haven’t followed my own advice. I bought when I should have sold and sold when I should have hung on. I spent money on […]
Yesterday, I talked about writing jobs for baby boomers. If you have always wanted to “WRITE” (whatever that means to you) and you have an idea of what you want to write, the best place to go for advice is successful authors. You don’t get any more successful than Stephen King. A Baby […]
I have been writing for a long time, non-fiction, business articles and books. I did some children’s stories, back when my children were young, but I’ve never been really motivated to write fiction…until now. Maybe you have to be more mature, more “lived in” to write fiction.
One of the entrants in the “50 things you […]
I’m convinced that there are three facets of any job, any work, anything you want to get done, for your business or your life. Call them “the big three:”
FAST
GOOD
CHEAP
And here is the trick: You only get two of the three for any one job, for any one product, for any one business situation. If you […]
If you want some great ideas for businesses you can start as a Baby Boomer, or you just want to see what some other baby boomers are doing, check out StartupNation’s list/contest of “Boomers Back in Business.” Each business is profiled and you can vote for your favorite.
StartupNational also has a list of last year’s […]
Jeff Thredgold is an economic consultant who has been writing a weekly column (now online) called TeaLeaf: Understanding Today’s Economy, since 1976. His column has good information about economics and the economy.
This week his column focused on a list of “Wouldn’t it be nice if…”
My favorite: Wouldn’t it be nice […]
I counsel people going into professional practices, and I tell them this often: If you are buying property, purchase the property as a separate entity. Having a separate entity (an LLC or a Subchapter S Corporation) for the property keeps the property out of any issues with the debt of the business itself. […]
I’ve heard about this scam, and I just received one today. Here is the text of the email:
AM MR SCOTT SMITH
I WILL LIKE TO MAKE AND ORDER FOR SOME ITEM IN YOUR STORE SO I WANT TO KNOW THE TOTAL COST OF THE ORDER PLUS SHIPPING COST TO NIGERIA.VIA FEDEX EXPRESS 3 TO 5 DAYS […]
I have seen this over and over as I help young professionals buy practices: The owner of the practice (often a baby boomer) invariably overvalues the practice.
Here is the scenario: You have worked hard to build up your business over 20- to 30-years, in order to leave it to your children (who it turns out […]
As I wrote a week ago, we’re in the down swing of a market cycle. Miranda Marquit, over at Yielding Wealth, wrote about this same issue, and she included a list of the recessions we have experienced over the past few 80 years, staring with the “Great Depression.”
If you want a dramatic visual representation, check […]
business advice for boomers
Written by Jean Murray [email] for b5media.
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