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Small Business Boomers

Archive for the ‘Sharpening The Saw’ Category

February 7th, 2008

Planning Ahead #3 - Set up a Durable Power of Attorney

I almost forgot - the other thing my CPA said both my husband and I need is a Durable Power of Attorney for Health Care. it must be “durable,” so it can continue if you can’t make decisions for yourself. And you also need a living will. And you may also want […]

By Jean -- 5 comments

February 6th, 2008

Planning Ahead #2 - Make a Will

I went to a new CPA to give him my business taxes, and he stopped me cold with this question:  Do you and your husband have wills?  When I answered “no” he said, “Do you know what happens when you die without a will?”  Ouch.  I do know, and it’s not pretty. Dying without a will […]

By Jean -- 0 comments

February 5th, 2008

Planning Ahead - #1 - An Exit Strategy

As any baby boomer in business knows, it is smart to think about what to do with your business “at the end.” What will you do when the day comes when you can’t manage your business any more? Now, I know lots of business owners running successful businesses into their 70s, 80s, even […]

By Jean -- 5 comments

January 16th, 2008

Quote of the week: Warren Buffet on Investing

I love Warren Buffet! The man is the third wealthiest man in the world and he still drives his own car around and lives in a three-bedroom house in Omaha. He is upset that he pays less tax than his secretary, and he doesn’t own a cell phone. Imagine that!
This post from […]

By Jean -- 9 comments

January 11th, 2008

Quote of the Week: Google Founder Sergei Brin - Success will come from simplicity

GOOGLE founder Sergei Brin recently was asked in CNN Money how to succeed this year. He said, “Success will come from simplicity.”
I treasure simplicity; the simpler things are, the better I like them. Life is so cluttered that the more we can un-clutter it, the better. Sergei Brin says that technology […]

By Jean -- 1 comment

January 1st, 2008

A New Years Resolution: Enter a contest to win a Virtual Assistant

I have a virtual assistant (Cindy Gaffen at Virtuallyfantastic.com) and she really is fantastic. Last month, I was working on a writing assignment and I was getting behind with collecting permissions and sending them to my publisher. She did this so efficiently I didn’t have to worry about it, and I could concentrate on […]

By Jean -- 2 comments

December 29th, 2007

Quote of the week: Here is to sound beginnings

“A life without purpose is a languid, drifting thin; Every day we ought to review our purpose, saying to ourselves:  This day, let me make a sound beginning, for what we ahve hitherto done is naught.”                    Thomas A. Kempis
As we draw close to the end of the year, we all seem to find ourselves reflecting, […]

By Jean -- 0 comments

December 21st, 2007

Quote of the week: Just Do Something!

The critical ingredient is getting off your butt and doing something. It’s as simple as that. A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer, not a dreamer - Nolan Bushnell, founder of […]

By Jean -- 3 comments

December 14th, 2007

Business quote of the week: Warren Buffet on becoming rich

I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful - Warren Buffet, investor and billionaire

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By Jean -- 2 comments

December 10th, 2007

The best business advice

The bloggers at b5media’s business channel have been participating in an “Apprentice” type challenge. We have been working in teams to provide advice to a small business owner named Kay. This week, we’re asked to individually pass along to Kay the best business advice we ever heard. Here is what I […]

By Jean -- 1 comment