Entrepreneurs face a dilemma every time they make a decision. They are constantly weighing the present and the future, trying to benefit both but often sacrificing one for the other. But that’s what makes entrepreneurship so risky, right? The unknown outcomes?

In The Dilemma of Entrepreneurial Decision-Making on American Express OPEN Forum®, I make this one [...]

Learning to trade is going to cost you in one fashion or another (and remember that your time has value). There are ways, however, that you can minimize that cost.

1. Start with a foundational book like The Essentials of Trading. This will make sure you’ve hit on and thought about the basic [...]

I participated in a leadership course for youth this last weekend and walked away thinking about how every entrepreneur I know is a leader, and I usually find a correlation between each entrepreneur’s leadership skills and their relative success. So, which comes first? Do you have to be a leader before you can be an [...]

There is a new world coming, at least in the world of tax preparation. The last 16 months have shaken up the field with major changes unseen since e-filing was begun. Tax forums, blogs, and boards have filled with discussion of the changes and speculation of how the new world will work and how it [...]

I didn’t set as a hedge fund for a reason.  First, I changed my mind from prior plans, and wanted to serve people below the top 1% of society, as well as those above, and institutions.  But there is another set of reasons that is more fundamental.

My view is that requiring a manager invest almost [...]

My favorite topic, again.  I promise to keep talking about the importance of constant change inside CPA firms.

Some things for you to consider:

Quote about trying to change things inside an organization – “the role of big companies is to turn great people into mediocre organizations.”

Quote describing people trying to lead change:  “We are like earnest [...]

As we launch into the new year, here are the top 11 trends that entrepreneurs need to be aware of, think about, and for which we should all prepare:

1.  Economy will still Struggle: This is the biggest question on everyone’s mind. If experts in public relations and marketing were coaching me to write [...]

Here is a look at the predictions I made for 2010 at the end of 2009 so you can see how I did. Of the ten identified trends, I gave myself 4 As, 4 Bs, 1Cs, and a D, for an overall GPA of 3.1.

1.     The recession will not end, regardless what anyone says: GRADE=A

Although [...]

When I meet and talk with CPA groups, especially partners, I ask them if they have a Twitter account.

In small groups, I rarely get an affirmative answer.  In larger groups, one or two hands might go up.  Many admit that they really don’t know exactly what it is or what could possibly be the value.

This [...]