Rant Archives |

Adult children

I had an unusual request from the son-in-law of a client, they wanted copies of the client’s tax returns for the last couple of years. We followed up with the client regarding the request.  We were initially concerned that the client might not be aware of the actions....

The Typical Dealings

After the Judge denied the merger between Penguin Publishing and Simon and Shuster. Penguin went through a massive round of layoffs and Simon & Schuster was sold to a private equity company instead. Private equity tends to have one game plan strategy: buy a...

Scary Quotes

Every second book in America, ballpark, is being sold via e-commerce…Amazon.com has 50 million books available. A bookstore, a good independent bookstore, has around 50,000 different books available… an algorithm decides what is being presented and made visible and...

No one reads

My son sent me a story/article the other day which shared the stats from a DOJ case regarding Penguin wanting to buy Simon and Shuster.  The deal was killed because of monopoly issues.  Penguin has 37% of the market and Shuster has 11%, a merger would dominate the...

Own a job, not a business.

You own your own business and make a decent living.  Could you sell your business if you wanted to?  Of do you actually own a job with client(s) who would leave if you  thought about selling? I know a number of franchises are really built around owning a job and...

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