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Tag Archives: risk

How Airbnb turned a bad deal into a winning hand

Humans are risk adverse by nature. It probably comes from the days when we risked being chased down by a sabertooth tiger whenever we ventured outside of our caves. Entire industries and product lines are built around this fact: insurance, hedge funds, home alarms, and many more. If you’re in one of these businesses, you […]

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How to overcome fear and enjoy the greatest success

Remember the scene in The Wizard of Oz that introduces The Cowardly Lion? The Tin Man and Scarecrow are terrified, and Dorothy is hiding behind a tree. When The Cowardly Lion takes off after Toto, it prompts Dorothy to jump out and give the lion a little bop on the nose. Instantly, The Cowardly Lion […]

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Answer this one question to find the difference between an entrepreneur and a small business owner

Which would you prefer: To stand back and admire a beautiful wall you had built brick-by-brick, or To imagine what that a beautiful brick wall would look like in an area where the people had never before experienced brick walls? In many important ways, how you respond to that question will embody for you the […]

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Why You Must Avoid Surety Bond Claims if You’re Running a Small Business

By Eric Halsey Far too many small businesses end up becoming victims due to lack of experience in their industry. Surety bonds are one important example. Misunderstanding how surety bonds work and not doing enough to avoid claims can be a business-killing mistake. That’s why it’s vital to learn why you should avoid surety bond claims […]

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When You Find Yourself in a ‘Gray Area’

Twice a year, I host a program for the New York State Bar Association targeting young lawyers who are looking to set up solo law practices. These people ask a million questions, and while there are clear answers to many of them, there are some that simply cannot be answered because there aren’t clear legal […]

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Happy Fourth of July! Celebrate the Spirit of Independence and Entrepreneurship

As we celebrate our country’s independence today with barbeques, parades, fireworks and speeches, entrepreneurs are celebrating their personal independence too.  There’s nothing like being in business for yourself. We often hear small business is the backbone of this country.  So it seems appropriate to celebrate the spirit of entrepreneurship today.  This country was founded by […]

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How To Turn a Part-Time Passion Into a Small Business Success.

Millions of Americans are dreaming about starting their own small business. However, because starting a business is risky, a lot of people choose to play it safe and follow a traditional career path. But it doesn’t necessarily have to be all or nothing. Consider starting your business on a part-time basis to test the water before you jump.

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