Posts tagged - Arizona law

Appearances Don’t Matter; Never Assume!

We all run into people who appear to be successful.  It can be how they carry themselves, the car they drive, the clothes they wear or the words they say.  Some are. Some aren’t.  Fake it till you make it, the saying goes.

Of course, some of the most successful people won’t look like many of us picture success.  How about Sam Walton driving a pickup truck his whole life despite starting what is arguably the biggest business in America, Walmart?  Or in your world, what about the mechanic with grease under his fingernails?  Maybe he owns a chain of garages. Maybe not. Maybe he owns one garage, but is successful enough to live comfortably or more and that business put his children through college.

That mechanic may be a great client for me or you. He may need help whether from a lawyer, accountant, financial planner, etc.  Maybe he needs your company to help with SEO and boost where he shows up on Google.

If you make assumptions based on appearances you may miss out on a great connection, client, or even making a new friend.  Of course it is not always so easy to know who to speak to first at an event or gathering.  It shouldn’t take too long to figure out whether the person you are speaking to is someone you want to know or not. Look for real substance and true success.

Try to choose wisely, or move on…

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I Can’t Thank You Enough!

Of course, you think, another person telling you to be thankful during the holiday season. Kind of, but not really. You should be thankful for what you have, but year round, not just because it is this time of year. But that is not what I am talking about.

 

This time of year is a good time to remember to show gratitude. Yes, you should do so year round, but it is better late than never, and should be done in both your professional and personal worlds. Lucky enough to have someone clean your home? Some extra money may be sufficient without a card or hand written note (yes, there are still times a hand written note is appropriate), and arguably will be more appreciated than a gift.

But what about the guy or gal who referred you the big lead or client? Arguably shouldn’t be money (think kickbacks!).  Here a hand written note and thoughtful gift is the right idea. Not sure what to get them? You should be because you want to get to know people better who help you succeed and earn your living.

So remember to thank timely and often, and do it throughout the year. If you haven’t lived this way until now, this is a good time of year to start.

And to those of you kind enough to have referred a client to me, provided me with a lead or trusted me enough to connect me to one of your contacts, thank you!! And who knows, you still may be getting that hand written note and a gift…

Happy Holidays!

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Thoughts on Arizona corporations

Many attorneys and business owners look to the Arizona statutes and disillusion has swords for minority shareholders to potentially break deadlock, but do not look at the down side of such actions based on the same statutory framework. Other statutory provisions allow a corporation to, after the filing of a judicial dissolution action, purchase the shares of the dissenting shareholder for fair value, which is decided by the judge, who is entitled to set the price and the terms of sale. This makes the filing of a judicial dissolution action potentially problematic for minority shareholders. There are strategies and ways to structure corporations in their bylaws to avoid this issue.

The point is that whether you’re dealing with majority owners or minority owners in a corporation that sophisticated planning can be done either in forming the corporation or amending his bylaws depending on your clients position. If you have clients who may need assistance either selecting the proper form of organization for their business or drafting documents for a new or existing business to protect their specific interests, please keep me and my firm, Jaburg Wilk, in mind.

If you have any questions or want to discuss these type of issues, please call me at 602-248-1009.

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