Blog
Gordon blogs only when he sees a need either among our members or within a business transaction in which he is personally engaged. Content rich and highly insightful, Gordon's blogs are like an advanced course in business success.
There is a chasm between the ways wealth was created in the 20th versus the 21st Century. In the 20th, it was essentially invention of devices followed by well managed traditional assets, (real estate, plants, machinery, equipment etc.) leveraging large labor forces. In the 21st, it is development and management of intellectual property leveraged through…
Read MoreSo your business failed. You have no income. Every dollar you had was invested in your business and it’s gone. Maybe you have bill collectors calling night and day and eviction from your residence is only weeks or even days away. Your brain and emotions are beyond fried. You have no money, no prospects and…
Read MoreA question often asked by entrepreneurs is: How much does it cost in legal expenses to complete the acquisition of a company?” A better question would be: "How do I get the services of a top attorney without emptying my pocketbook?" I'll answer both questions here. In the many transactions that I’ve participated in during…
Read MoreA good bank lending officer can be an entrepreneur's most important ally. Yet most fledgling entrepreneurs have unrealistic expectations of their banker. Expect your banker to play it by “the book.” “The book” divides your business entity's history into two segments: 1) before two years of successful operation; and 2) after. To the uninitiated, dealing…
Read MoreIs your business venture in a good position to qualify for venture capital? Like the rest of the economy, Venture Capital firms have been relatively lethargic since the bubble burst in late 2007. If you weren't the next Google or Facebook, VC money has been hard to come by. The good news is Venture Capitalists…
Read MoreSome entrepreneurs are financing a business start-up or business purchase by taking an early distribution from their pension plan or 401(k). However savvy entrepreneurs are doing a rollover of their pension plan into a self-directed 401(k) and end up with almost twice the amount of after tax cash to invest in their business. Here's how…
Read MoreMost people believe they need a mountain of cash to start a business. Not true. You can start your own business with little or no cash of your own. How? Go virtual. That means outsource everything. Here's an example of how it works and how you can do it for yourself. Someone called me a…
Read MoreHere is a great example of how to be self-employed by using "Sweat Capital" or "Sweat Equity" to quickly propel yourself into ownership of your own successful business with no cash. Several years ago I was visiting a friend when his 34 year old wanna be self-employed son also stopped by to visit. Let’s call…
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