Tuesday, June 26, 2007

The Privacy Rule


Everyone grew up with a privacy rule that outside of the house no one is allowed to talk about their household financial problems. This Privacy Rule makes it hard for many Americans to break the habit of lying instead of being open and honest about household finances. In my opinion, if my “Parents” failed to teach me about finances than the Privacy Rule does not apply to me due to the fact that I am keeping a secret that will affect their dependence or worse yet destroy our family tree. So what type of excuse do you have for the Privacy Rule that is affecting your family?

Monday, June 25, 2007

GREAT THINKERS


Higher education does teach you how to read write and solve mathematical problems however, it also only teaches individuals how to work for someone else period! Colleges and universities do not teach the masses how to create an entity that is debt free from start to finish using the team concept. In order for most people to do that they must be invited into or be assisted along the way by the small inner circle of insiders who are already accumulating wealth on a continual basis. People with great ideas for an invention or to run a corporation more efficiently with a larger profit margin, need to have a mentor that will guide and teach them how to apply techniques that will enable them to create and run their businesses for generations to come. Society needs to realize that education without application is a waste of the information that they have accumulated. I invite everyone out there to transition from being great thinkers to becoming application specialists in today’s marketplace.

Tuesday, June 19, 2007

Keeping up with the Joneses


In today’s society people tend to buy first and suffer the consequences later, this “shop till you drop” mentality permeates the entire world and causes millions to be financially crippled their whole lives. In order to live comfortably for the rest of your life you have to invest into ownership shares of a company. In other words you have to actively invest and become a stockholder and not be like the majority of the world who invests to become shareholders. What is the difference between stockholders and shareholders? A stockholder invests to become a part owner of several companies in his lifetime and shares in the decision making process to further the company’s growth and success. Stockholders also enjoy the benefits of passive income or cash flow. A shareholder on the other hand funds different company’s with the hope of a substantial return that many times does not come to fruition. The majority of people today do not realize that they are spending their way to poverty. Keeping up with the Joneses only causes a lifetime of money problems while becoming a part of a team of owners guarantee’s wealth for generations to come.

Monday, June 18, 2007

Great Deal of Boldness


I once read quote by an unknown author that said, It requires a great deal of boldness and a great deal of caution to make a great fortune, and when you have got it; it requires ten times as much wit to keep it!

In an ideal world, an intelligent investor would hold stocks only when they are cheap and sell them when they become overpriced, than duck into the bunker of enjoyment and sail off into retirement. Just so you know nearly all of the richest people in America trace their wealth to a concentrated investment in a single industry or even a single company that they have voting rights in.

Tuesday, June 12, 2007

Is Failure a Reality?


Statistically speaking 9 out of 10 businesses fail in today’s marketplace, but is it a failure due to lack of clientele or are there other factors involved? Businesses fail because of several factors or a combination of these factors. A business can fail because of lack of preparation and planning. If a person wants to start a restaurant the first thing he/she has to do is find out if there is a large enough client base to sustain the eatery. If the restaurant has a smaller client base than what is needed to run on profit, than its success is based on wishful thinking not on factual data and that is a sure path to failure. A business cannot be successfully run if the owners are constantly taking money out of the principal to spend on pleasure cruises, cars and other frivolous things. Owners should only spend from the money generated from services and only enough to keep the business running smoothly. The company’s principle should only be used for growth and emergencies. So is failure in business a reality? Not when you plan your business on factual data and are disciplined enough to keep costs down.

Friday, June 1, 2007

Team Ownership


Team ownership has been in existence for thousands of years and is historically the most powerful type of ownership vehicle today. When a person is a sole proprietor he is acting from a position of ego and greed which inhibits the success of that business. A sole proprietor has to be at the business constantly to make sure that things are being run smoothly. A sole proprietor also has to check up on the business even when on vacation so he/she can never be fully relaxed during his/her “vacation time.” A team ownership model is based on biblical concepts with a proven track record of success. When Jesus recruited and trained his team of apostles he made sure that they were in the right place after he was crucified, resurrected and rose to heaven in a cloud. Consequently, the team went about the business of saving souls, healing the sick and casting out devils, a business that has lasted for thousands of years and is still thriving today. A team of business owners can accomplish anything as long as they are of one accord, with a common, shared goal. When God saw that man was of one mind in building a tower to reach heaven he caused the sectioning off of mankind through the creation of multiple languages. Man was forced to find and stay with others who spoke the same language thus breaking the unity of mankind that threatened to make man equal to God and ending the tower of Babel project that was underway. A team of owners with the same focus will enjoy success after success, while a team with different agendas will ultimately fail. Please remember that a house that is divided will not stand.