Posts by Edwin Bevens

How much of a role has luck played in your career? Successes like Warren Buffett and Fred Wilson openly credit luck for almost all of their success, but many others refuse to admit luck plays any part at all. Is there a right balance to strike? (New York Times) Many economists believe worker training programs…

This is an excerpt from our free downloadable guide on incorporation and business entity types. Download the full guide here. Previously, we looked at the LLC entity type, a common choice among small business entrepreneurs. This week, we examine the C Corporation. A C Corporation (also referred to simply as a corporation) is the most…

The sole proprietorship is the default entity type for a business with one owner. If you start a business by yourself and don’t take any steps to adopt a formal business structure, you have a sole proprietorship. It’s the simplest business entity for an entrepreneur to operate, since there are no requirements to form or…

Arnold Palmer’s passing this week inspired many reminiscences, tributes, and encomiums. One such, by writer and startup CEO Chris Myers, focused on entrepreneurial lessons he learned first-hand talking with Palmer about his career and his relationship with sports marketer Mark McCormack. Forbes As the country gets more and more diverse, so too do the ranks…

Reality defies the predictions of 20th century economists, who predicted that our century would be one of increasing leisure time, when instead it has become marked by workaholism among the already wealthy and successful. A fast-growing “personal memoirist” industry is developing in small business America, helping older generations preserve and share their stories. More and…

Companies might put a lot of effort into attracting younger customers, but “the biggest market opportunity for start-ups is older Americans rather than hip millennials.” Business owners want to hire employees with negotiation skills, but bristle when candidates use those negotiation skills on their own behalf. Liz Ryan shares why you shouldn’t let a top…