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Boss Hatch - Entrepreneurs in the Making

Archive for the ‘Management’ Category

March 25th, 2008

How to Become an LLC

Read way down to skip the fluff.
Okay, so about a year ago I was building a social networking site with several friends.  Before accepting ad profits, we wanted to make sure that what we were making from it was legal.  To be safe, we wanted to register our organization as an LLC.  Long story short, […]

By Jim Gordon -- 5 comments

March 5th, 2008

Importance of Diversification

You may be wondering why I used poorly-drawn cows for this example.  Well, I stumbled upon this article from Farmers Weekly Interactive that talked about diversification among young entrepreneurial farmers:
“Successful diversification means diversification, not distraction. This can, at worst, seriously undermine the existing business.”
To pull this back to a standard business standpoint, diversification can collectively […]

By Jim Gordon -- 0 comments

January 11th, 2008

Fortune’s “Hiring Your First Employee”

CNN recently posted Fortune’s article titled “Hiring your first employee” as a response to this submitted question:
How does an entrepreneur go about hiring his or her first employee? What should be the first employee’s role - administrative, sales or technology? Must an owner offer a piece of the company to the employee?
I pulled out […]

By Jim Gordon -- 0 comments

January 2nd, 2008

How Important Is Ethical Business Behavior?

As a boss, you will confront a world of people. You will also hire some of these people. Who should you hire?
With my previous work experience, I found that people are the most productive when they are happy (seems fitting, right? A happy worker is a productive worker). Ethical behavior needs to […]

By Jim Gordon -- 0 comments

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