Ever heard the phrase “A picture is worth a thousand words?” The same goes for your company logo. Your logo offers a direct and almost instantaneous link to your business, and all of the positive emotions associated with it. Continue reading
My Mom & Dad
To all the moms out there, where would we be without you?
Thank you for . . .
A Spending and Savings Plan Lets You Ditch the “B” WordI’m feeling nauseous talking about it. I probably shouldn’t even bring up this word because every time I hear it, I start to think about what I can’t have rather than what I can have.
The word is BUDGET. Ughh!! I’m getting all choked up.
Budgeting makes me feel like I have to cut back and not spend any money — like I can’t even go out to dinner. Continue reading
We all start somewhere in business. With my kids, it was their lemonade stand. The problem was, they just weren’t making much money. Something had to change at their lemonade stand if they were going to get those Lakers tickets!
Timing has a lot to do with the Facebook IPOAttention business owners! Looking to sell your company? Not sure when the right time is to sell? You might want to use the upcoming Facebook IPO as an example.
Facebook will have a potential valuation of about $100 billion. To put this in perspective, Google was valued at $33 billion when it came public. Groupon was valued at $12.8 billion when it went public. So the Facebook IPO at $100 billion?! Is that insane or what? Continue reading
Home vs. house isn’t just semantics. It’s a mindset.Some of us buy a house strictly for the economic benefits. We get the mortgage interest deduction. We most likely get to deduct our property taxes if we’re not subject to AMT. And we build equity over the long term — someday home prices will actually go up!
Homegain.com just did a Home Ownership Satisfaction Survey. 72% of surveyed homeowners said they were happy that they own a home. When they were asked if price appreciation was the main reason they were satisfied, only 24% said yes. The most popular responses were pride of ownership and freedom to control what type of home improvements they could make. Continue reading
Our deficit — still major, still huge. Over one trillion. Nauseous.To deal with our deficit, Obama is making the case for the Buffett rule to go into effect. It states that any taxpayer making over a million bucks should pay a minimum tax of 30%. Buffet made his case for this in a NY Times op-ed piece where he points out that most millionaires and billionaires like himself have effective tax rates lower than 30%. Continue reading
It takes consistent action to create financial resultsYou want the million dollar lifestyle. You want a million dollar portfolio. You want that million dollar business. You want financial results.
How much revenue did you do last quarter? Did you take that vacation that you wanted to take yet? Has your portfolio been providing the return you expect? Continue reading
Not too long ago, I met with two of my clients who really surprised me. They are a married couple who work together and have a very successful consulting business. When I asked them what their goals were, I expected to hear things like, “increase our revenue,” “launch more products,” etc.
But I was wrong and Continue reading
Are there such things as smart bets? Buffett has built an empire with them.Four years ago, Warren Buffett made a bet for a million smackers. He bet a hedge fund portfolio manager that a bunch of hedge funds which invest in other hedge funds couldn’t beat the stock market over a 10 year period.
The winner of this bet gets to choose which charity receives the money. Continue reading
