Published Articles
Loosening the Reins in Philanthropy Could Mean Better Outcomes
But- we had a plan."
In the world of corporate giving, even the most experienced can find themselves stuck uttering these famous last words when a philanthropy initiative fizzles unexpectedly.
What's the biggest reaso...
Après Bubble, Cryptocurrencies Start To Earn Their Keep With Real-World Use Cases
Outside observers would be forgiven for thinking cryptocurrencies were tulip-bulb level speculative foolishness, replete with prominent fraudsters and a massive multi-year hype cycle. But the real-world use cases now emerging for stablecoins -...
Cash Balance Plans: Big Deductions and Big Retirement Savings
High-current-income business owners can't afford to sit still with the IRS loading up its audit and IT staff to drive federal tax revenue. Cash benefits plans can help lower tax burdens and build a more affluent retirement and are worth investi...
Philanthropy Needs Innovation to Help With Social Problems
t's a question that plagues philanthropists: Why, in such a wealthy nation, have we yet to conquer our most persistent social problems?
Homelessness is an excellent example. Although the U.S. spends billions of dollars every year t...
Never Forget That Not All Commercial Real Estate Is Office
A current read of the nation's business press brings a sense that the entire commercial real estate space has entered a doom loop from which there is no escape. But that would be a misguided - and potentially costly - assessment for i...
Compassionate Business Policies Pay Off
Environmental, social, and governance policies have come under heavy fire recently, with some large investors distancing themselves from the concept. But in practice, ESG principles can give companies, especially smaller ones, an edge over compet...
Handling Credit Card Debt In An Age of Overspending
Overspending on credit cards is weighing on the American consumer as the cost of living continues to rise, making it a good time to consider personal strategies to keep those balances under control.
The Federal Reserve Bank of New Yor...
Self Storage Is Riding High: Is This the Beginning, or the End?
The self-storage industry is booming, but is it sustainable? Our industry - I run a self-storage company - has been showing up in the financial press's headlines lately as investors and operators grow with Americans' desires to store their poss...
A Balance Transfer Can Be A Useful Tool For Getting Out Of Debt
A promotional rate on a credit card is appealing to anyone. But if you're trying to pay off debt, benefiting from no interest for 12 to 18 months can give you time to get your financial house in order.
Credit card debt is at an all-...
Has the Banking Crisis Helped Banks In Their Battle With Fintech?
One unexpected outcome of the recent set of U.S. bank runs is that it may help the banking industry in its fierce battle with upstart fintech competitors.
On the surface, the brick-and-mortar banking business has seldom looked more vu...
Five Ways Companies Can Boost Charitable Giving by Employees
In a post-pandemic world of uncertainty, we can be sure of one thing: There is no shortage of people in need - and the numbers keep rising.
But nonprofits across the nation are facing serious funding shortfalls that threaten their a...
How philanthropy can address the worsening affordable housing crisis
Housing affordability in the United States continues to worsen as ever-higher prices put the dream of home ownership out of reach for many families. And no one knows just how bad it will get. About half of Americans say that the availability of a...
Retirees' 4 biggest credit card misconceptions
How can something so common be so misunderstood?
Credit cards are everywhere. Today, 76% of U.S. consumers own at least one-and 31% have four or more. Despite this, credit cards are still misunderstood by many retirees, even though...
Small Businesses Are Facing Higher Costs and Interest Rates. Here Are 6 Steps to Stave Off a Crisis.
The Main Street economy is facing some stiff headwinds.
The Federal Reserve is expected to keep boosting interest rates this year. That could push the rate on Small Business Administration loans to 10%, the highest in 15 years. Add in...
What You Need to Know About Building a Small Business Advisory Board (and Why You Need One)
Small business owners these days have a lot on their minds - and too much on their plates. Sky-high borrowing costs, corrosive inflation, a slowing economy and tighter credit conditions are keeping them on edge.
Along with your entr...
5 retirement-planning challenges for physician-owned practices - and 5 solutions
Planning for retirement is a daunting challenge for anyone, but physician-practice owners face some distinct hurdles unmatched by most other careers.
Between medical school, residency, and fellowships, physicians don't realize their f...
Why you should consider a private equity offer for your practice
Healthcare practitioners are feeling the squeeze.
A constellation of challenges has been making it harder to maintain a thriving, profitable practice. They didn't begin with Covid, but the pandemic accelerated trends that were already...
4 Key Lessons Moving from Corporate MBA to Entrepreneur
In a few frenzied career years, I went from a glass office overlooking Central Park, to getting my MBA from Wharton, to a string of Silicon Valley tech startups.
Now I'm acquiring and improving trailer parks in Iowa, Oklahoma and Texa...
Stranger Things: Why We're Seeing Lots of Throwback Cars On the Road
On a recent weekend in Madison, Wisconsin, cars on the street had the look of a bygone era. I saw surviving Saturns, Oldsmobile minivans, even that funky old greenhouse on wheels, the AMC Pacer.
Turns out, cars in the rest of t...
Crypto bosses like me are having to let go of some of the most talented people in America. Here's why you should jump on hiring crypto castaways
Crypto winter has arrived-and it's chilly out there for the thousands of employees being laid off in response to the sector's worst downturn in several years.
I should know. My cryptocurrency company is one of the many that had...