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Exorcising the Ghost of Partners Past
"Three years ago, I started a business with two other guys. We set up a limited liability company (LLC) and split the ownership 40 percent, 40 percent and 20 percent.
The business grew for about a year but then really tapered off when the …Read more.
When You've Bought a Franchise, but the Numbers Don't Add Up
"A partner and I invested in a franchise last year. The franchise offers a variety of healthy foods, but focuses primarily on soups and salads.
We were offered a number of territories, but chose a large downtown area in an upscale Midwestern …Read more.
How a Place Where 'Everybody Knows Your Name' Makes Sure Everybody Knows Its Name
I was privileged to be one of the "makeover artists" at this year's New York Business Xpo, held last week at the Javits Center in New York City. More than 400 exhibitors and some of the top entrepreneurship experts in the country have made …Read more.
Notes From a Business Plan Competition (Part 2 of 2)
During the afternoon session of last week's Business Plan Competition sponsored by The Entrepreneurship Foundation (www.entrepreneurshipfoundation.org), the focus was on "personal businesses" (retail and service concepts that weren't …Read more.
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The Fine Art of "Tweeting" LegallyAs just about everyone knows by now, the hottest new social networking tool on the Internet is Twitter (http://twitter.com). A quick search on Amazon shows no fewer than 12 how-to books on the site (including the inevitable "Twitter for Dummies"), and a Google search for "Twitter How to Use" yields — are you ready for this? — 118 million unique Web hits. Not bad for a 2-year-old website. For the few of you out there who haven't heard of it, Twitter is to social networking websites like MySpace and Facebook what a haiku is to an epic poem. You open a Twitter profile page, select a username, and post very short messages of 140 characters or less (called "tweets") on the site. If people like what you're "tweeting" about, they can "follow," or subscribe, to your tweets. You can search on the site for "tweets" on specific topics (such as a recent news event), and communicate to a limited extent with other Twitterers by following each other's "tweets." Many authors, celebrities and other public figures use Twitter (as they do other social networking websites) to build an online fanbase. There are even rumors that Twitter might actually be used to conduct business online. Unfortunately, most of the chatter on Twitter (of the "I had a BLT sandwich for lunch today, but the mayonnaise had gone bad" variety) is as ephemeral as the twittering of real birds in actual trees, and the site is bound to attract more than its share of — sorry, folks, I can't resist this — "birdbrains." Both the power and the perils of Twitter were brought home to me in a recent live presentation I gave at a trade show in Los Angeles. While I was speaking onstage, I noticed a woman in the front row was busy typing away at her laptop computer with her head down. I thought she was ignoring me, and frankly, I was a little miffed — as a professional speaker I know there are always a few people who aren't paying rapt attention to my program, but usually they have the courtesy to hide in the back rows where I can't see them. During the intermission, I approached the lady and asked her, my voice dripping with irony, if she was enjoying my presentation. She looked up at me and said, "oh, yes, very much, and my two friends who are also here today agree. You see, we came to the show to listen to three speakers, and unfortunately, you were all scheduled to speak at the same time.
Well, needless to say I changed my opinion of the situation pretty quickly. I actually spoke a bit slower during the second half of my presentation so the front row "twitterer" could keep up with me. Since my talk was on social networking for small business, I even told the audience what the woman in front was doing, and it turned out there were two other people in the crowd who were posting their "real time" reactions to their presentation on their blogs. At first I was flattered as heck — these people were making me an Internet star! But on the plane going back to New York the next day, another thought occurred to me: These people — especially the front-row Twitterer — were copying my PowerPoint slides and putting my whole presentation up on the Internet — 140 characters at a time — without my permission. If anyone rips off one of my presentations and posts it on their website (it does happen from time to time), I send them a nasty letter accusing them of copyright infringement and insisting they take my content down to avoid being sued. How did that differ than what the Twitterer was doing? Unfortunately, I didn't get her Twitter name. Darn. When "tweeting," you are publishing content on the Web just the same as you would on a blog or website, only shorter, and the same rules apply: — Do not copy someone else's content without their approval — even though virtually all "tweets" are only a few words and, taken individually, probably would be considered "fair use" under the copyright laws, a string of "tweets" copying someone else's material probably would be lumped together as a single communication, so the length limits wouldn't apply; — Don't make any statement of fact about another person in a "tweet," especially one that puts them in a negative or embarrassing light, unless you know it's 100 percent true and can prove it in court; — Don't post anything about yourself on the site that you wouldn't want a total stranger reading 1,000 years from now. Cliff Ennico (cennico@legalcareer.com) is a syndicated columnist, author and former host of the PBS television series "Money Hunt." This column is no substitute for legal, tax or financial advice, which can be furnished only by a qualified professional licensed in your state. To find out more about Cliff Ennico and other Creators Syndicate writers and cartoonists, visit our Web page at www.creators.com. COPYRIGHT 2009 CLIFFORD R. ENNICO. DISTRIBUTED BY CREATORS SYNDICATE, INC. ?? ?? ?? ?? 2
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