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Rules from the BABY’s Book on Becoming a Billionaire
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Rule #90: If one of your team members has a difficult
personality and operates outside the box, your job as a leader is not to change
him. Your job is to build a different size box.
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Rule #101: It’s what you don’t know that you don’t know
that can kill you.
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Trip to the altar: Neil likens relationships with venture
capitalists to marriage…make a good first impression, learn about them,
rehearse your proposal, and seal the deal.
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Congenial or competent: Given a choice between the "loveable fool" or
"competent jerk", who would you select for your team? Barbara and Neil
discuss a study reported by Harvard Business School and shed light on how
successful leaders build teams.
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Be virtually anywhere. Want a professional office for your home-based
business? Ralph Gregory, founder and CEO, Intelligent Office, describes
how virtual office services provide efficient, cost-saving solutions for
entrepreneurs.
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To be, or not to be is still the question. Our "Ask the Expert" Michael
Friedman, accountant with LevitZacks CPAs, adds definition to the
independent contractors vs. employees dilemma to avoid "waging" war with the
IRS.
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Honey, there’s money! Neil and Barbara interview
several venture capitalists from San Diego Venture Group to find out what types
of companies they’re funding and how they evaluate new business proposals.
Michael Friedman is a shareholder with LevitZacks, Inc. Certified Public Accountants.
He is a native San Diegan who graduated with a bachelor's degree in accounting
from San Diego State University. He has been practicing public accounting in
San Diego for 17 years and has a dynamic practice reflecting the diversity of
the San Diego economy. It spans the spectrum from high-tech manufacturers to
bio-tech, software, educational lending, hotel chains, vehicle and heavy
equipment dealerships and many types of real estate businesses. It includes
sophisticated and well diversified wealthy individuals as well as groups
combining a diverse range of businesses controlled by these types of
individuals.
Ralph Gregory, CEO and Founder, Intelligent Office is a serial entrepreneur who
thrives on building new companies and watching them succeed. He owned his first
business - a retail home electronics business - in the 1970s, then bought a
chain of mid-market radio stations in the Midwest and a paging company that
served nine states. Today, Gregory owns radio towers, a Michigan boat
brokerage, a seat on the New York Stock Exchange and is an equity partner at a
Michigan power plant.
Gregory also ran a venture capital group for five years - an experience that
spawned Intelligent Office. During his stint as a venture capitalist, he needed
high-profile office space only occasionally, and realized that many other
professionals were in the same boat. During the rest of the time, he was on the
road or working from home, and worked out a deal with his secretary, who
transferred phone calls to him seamlessly wherever he was. The experience led
Gregory to launch a brand new industry and start Intelligent Office, which
provides clients with a prestigious business address for mail services, meeting
space and a secretarial level of non-geographic communications.
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