With all the crazy things going on this year, now is the time to do some things to increase your profitability and protect your assets.

Somehow, countless startups are still getting funded by investors without financial business models that are sound, proven, or even make sense. Even a couple of my colleagues have questionable businesses that have received infusions from angels and VCs (although, the products they’ve built seem brilliantly designed). Don’t get me wrong, I’m happy that all of these entrepreneurs are able to get funding. In some ways, it seems reminiscent of the dot-com-bomb days — lots of money flowing on interesting ideas, but no way to capitalize on them. I’m sure that …