Jay Goldtz News Today

Jay goldtz is head of the goldtz business group, where he runs and owns five different businesses and a lead business blogger for "new york times" founder and ceo of cheeseburger a network of websites dedicated to delivering funny content to about 20 monthly unique visitors. so great to see both of you guys. >> thanks for having us. >> two serial entrepreneurs. we should get a lot of good stuff from you guys. lets dive right into the first question and it is about the possible perils of being in...

Into the business. and then as far as im understanding it, maybe they do understand it. maybe they understand it better than you do because theyre running their business. its possible that that solution is not a great solution and you havent accepted that or its certainly possible that the company doesnt have the resources or the cash flow or the margins or maybe just the corporate culture. they cant think that differently. and its the job of the consultant coming in to really understand the bus...

Something, generating revenue, giving people what they want and need in order to solve their practical problems. so, if youre doing research, thats great. maybe you should get a grant to do the research. if you want to make a business out of it, you have to create it into something more practical that you can lead the customers a little bit to help them get there. >> jay, what i liked about them is he said, i see the problem, i have a solution, but theyre not understanding it. ive im being too i...

>> a lot of entrepreneurs choose partners like theyre going out drinking for the evening. when the morning comes and you dont like the partner youre working with what happens to the assets and the value you created? when you start out in the businesses you have limited resources and limited time. youll spend that time making a stock agreement and a lot of people decide not to do that because they think its too hard. the reason its too hard is people are overthinking the problem. when youre start...