I had the honor of being asked by the U.S. Department of State to speak to a wonderful group of young Latvians at the Start-Strong! Pre-Employment Boot Camp in Liepaja, Latvia this past July 30th. The boot camp involved more than 500 Latvian youths, and my seminar focused on effective communication. The attendees were a great group and I really hope they found the experience as enlightening as I did.
I had the pleasure of speaking last week on a panel on going solo with Angela Barker, of the Law Office of Angela Barker, LLC; Allison G. Greenberg of Fensterstock & Partners LLP; Ian E. Scott of Scott Legal Services PC and moderated by Daphney Francois of Francois Legal Services.
I thought it was a very successful panel – the diversity of backgrounds and paths taken to create the varied practcies represented on the panel was very inspiring.
More info on the panel is available here.
I am very pleased to announce that this past month the Minton Law Group closed its largest M&A transaction to date – the sale of an eCommerce retailer for $26M. The purchaser was represented by Paul Weiss, home to so many fellow Georgetown and SRZ alumni, and it was a real pleasure to work them on the deal. I truly cannot express how happy I am for my client or how proud I am the excellent work my team did.
Congrats to Peter Minton who was named one of Super Lawyer’s Rising Stars for New York.
May was a great month for the Minton Law Group. First, the firm signed on its first attorney, Josh Levin. I had the pleasure to work with Josh at Schulte Roth & Zabel, and was impressed with his work and attitude when we worked together, and I have first-hand knowledge of the high-level training SRZ’s corporate associates obtain. While helping me, Josh is also an entrepreneur who recently co-founded Flash Tabs (www.Flash-Tabs.com) a mobile app that allows bar and restaurant patrons to open tabs, place orders and make payments directly from their smartphones by processing orders and payments through each venue’s existing point of sale system. Needless to say, he is very a busy man.
Second, May marked my first month with three deal closings that spanned the gamut of convertible notes, preferred stock and LLC membership purchases. It was a fantastic month and there are a lot of reasons to think that trend will continue.
Finally, on a personal note, I am pleased to say that I joined the Board of Directors of the Penn Club, and am looking forward to doing a lot of neat things through that position.
My latest article in Forbes has published: “6 Legal Requirements For Unpaid Internship Programs“.
“[T]here are some very serious legal considerations every for-profit company –including startups — must be aware of before attempting to use unpaid interns.
Under federal law, every employee in America is entitled to a minimum wage, additional compensation for overtime and certain other benefits. An employment relationship will also have consequences for the employer relating to worker’s compensation, discrimination laws, employee benefits, state labor laws and unemployment insurance coverage. For these requirements not to apply, the employment relationship must fall under applicable legal exemptions.”
Please read the whole thing.
I was recently quoted by Upmarket in a post on bringing Entrepreneurship to the Classroom. My suggestion was to encourage programming at younger ages:
“Every startup needs someone who can fulfill its technological requirements, and there simply are not enough good programmers to fill this demand. Moreover, chief technical officer is a fantastic position from which a future entrepreneur can learn what it means to run a new business.”
Apparently Bill Gates, Mark Zuckerberg and Chris Bosh read my blog. Great minds think alike.
I was recently quoted by readwrite.com:
Not all accelerators are created equal. With the growth of the entrepreneurial space has come a similar pop in the programs available for startups. Some are worth their weight in gold, while others are just looking to churn and burn their clients. Do your diligence before signing on – it is easy to find current and past startups of any accelerator who can give you real insight into what you are signing up for and whether the price is right.
A recent post I did was distributed by 21times.org, a website focused on helping developers build their businesses. The full article is available here, with a snippet below.
In my practice representing successful entrepreneurs, I have noticed they share a trait which may come as a surprise to those who believe bootstrapping means doing everything themselves — these entrepreneurs know what they don’t know. They know their limitations, their strengths and their weaknesses, and know that there are times when spending the money on a professional to get the work they need done quickly and correctly is worth avoiding the headache of spending hours attempting to do it themselves, not to mention the peace of mind of knowing it was done right. If you are serious about running your own successful business, there are three types of professionals who it is time to start shopping for.