The Biggest Mistakes Family-Owned Companies & Small Businesses Make

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One of the things that I’ve noticed in working with various companies on a freelance basis is how businesses distribute finances and allocate for expenses.

Unfortunately, the biggest thing that I’ve noticed is the show of favoritism especially with small businesses that are family owned. Because, there are several individuals who might be a family friend or someone who’s worked with the company for a long time (10-20 plus years.) Unfortunately, this means that these individuals end up getting overpaid hundreds, if not, thousands of dollars more to do what anyone can do. And let’s not forget, others can probably execute and deliver the product or project at a fraction of the cost. It’s like companies play favorites with long time family friends, which wind up causing further complications in the end. Read the rest of this entry »


The Power of Regret

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“I regret not having spent more time with my mother.”

President Obama got personal Sunday when he spoke of regret to University of Malaya students and South East Asia leaders during a visit to Kuala Lumpur.

“Because she died early — she got cancer right around when she was my age, actually, she was just a year older than I am now — she died.  It happened very fast, in about six months.”

The president wasn’t above being honest enough to admit his regrets. He’ll forever second-guess the time he didn’t spend with his mother, Ann Dunham, who was 52 when she died of ovarian cancer in 1995. In searching our own past, we likely will find at least one thing that we regret. We strive to live life absent of any regret and to live everyday as if it was our last, to tell all of the people that we care about that we love them. We hope to make every decision with one thought in mind, and that is to never look back and ask “What if?” Read the rest of this entry »