Archive for October, 2009
Saturday, October 31st, 2009
by Mark “Gunny” Thomas
Rule #1: Choose a profession that allows you to spend plenty of dedicated time with your spouse and children, even it means less money and a step down in lifestyle. The lost years of your offspring’s childhood can never be recaptured. I know personally many men who have had successful careers and fulfilling family lives at the same time; they can and should go together. If you are struggling over the temptation to trade off riches for family life, let family win the debate. Maybe you need to settle for mere prosperity instead of wealth. Attend every major or minor event in your children’s lives — dance recitals, baseball games, etc. — and elevate your wife to Queen of your home, but don’t be an absentee sovereign. (more…)
Posted in Family, Practical Issues, Priorities | No Comments »
Sunday, October 25th, 2009
by Mark “Gunny” Thomas
The two main types of insurance that you need to be concerned about as a home based business owner are liability and property damage. Liability protects you in the event someone gets injured on your premises or injured using your products. Property damage covers damage to a wide array of property items such as furniture, fixtures, machinery, equipment, supplies or any of the tools you use in your business.
There are also 3 basic levels of coverage available for home business owners: (more…)
Posted in Business and Tax, Home Based Business | No Comments »
Saturday, October 24th, 2009
Surveys show that an estimated 60% of property is overtaxed, yet few people even know they can do anything about it. Everyone needs to review their property tax assessment to determine if it is accurate. It is possible to appeal your property tax assessment and the money you save will be well worth your efforts. (more…)
Posted in Practical Issues, Wealth Building | No Comments »
Wednesday, October 21st, 2009
Cathy Stucker, the Idea Lady, has helped thousands of people discover creative paths to success on their own terms. She is a frequent speaker and seminar leader on business topics and has appeared on many radio and television programs. Cathy has also been featured in The Houston Chronicle, The Houston Business Journal, Black Enterprise, Woman’s Day, Woman’s World. Visit her site for great success resources at www.IdeaLady.com. (more…)
Posted in Business and Tax, Home Based Business, Wealth Building | No Comments »
Saturday, October 17th, 2009
This is an overview of the principles found in the classic book on financial education, Richest Man in Babylon by George C. Clauson. (more…)
Posted in Practical Issues, Spending Habits, Stocks and Investing, Wealth Building | 4 Comments »
Saturday, October 17th, 2009
Most of us have been programmed from the beginning of our lives on this earth to become employees. We are taught to get a good education, so we can get a good job and then retire comfortably on our 401K. Well, we all know that formula isn’t working for about 95% of the population. The key to success in the new economy is getting out of that employee mindset and expanding our minds and our income streams. (more…)
Posted in Business and Tax, Home Based Business, Practical Issues, Wealth Building | No Comments »
Friday, October 16th, 2009
By Jack Canfield
When Mark Victor Hansen and I published the very first Chicken Soup for the Soul book, we were committed to making it a bestseller. We asked 15 of the best-known, best-selling authors for guidance and advice. We visited with book publishing and marketing gurus who gave us even more information. We bought books with ideas on how to market books. And the result? Thousands of possible promotional strategies and an overwhelming list of action items. (more…)
Posted in Home Based Business, Practical Issues | 1 Comment »
Thursday, October 15th, 2009
Are you logging your business miles? Yikes! Yet another thing small business owner have to track. A huge percentage of people use their cars for business, but surprisingly few actually document that use. It just seems like too much hassle. Besides, it’s hard to track down all those little scraps of paper and McDonald wrappers on which you wrote the mileage! (more…)
Posted in Wealth Building | No Comments »
Saturday, October 10th, 2009
Essential Qualities for Owners
Over the last few days we’ve been examining what it takes to be a successful small or home-based business owner. In our last article you had the opportunity to examine your strengths and weaknesses. It’s important to realize that you can still be successful even if you don’t possess every skill the “experts” say are needed to run a small business. There are, however, certain qualities that are more important to possess if you’re going to be successful. Let’s take a look at them: (more…)
Posted in Business and Tax, Home Based Business, Practical Issues | No Comments »
Thursday, October 8th, 2009
Successful small and home-based business owners know their own strengths and weaknesses. They build their businesses around their strengths and they compensate for their weaknesses. If you’re to succeed, you’ll have to be able to identify what you do well and what you don’t do so well.
As you evaluate yourself, be honest. You’ll only hurt yourself if you’re not. Also, don’t panic if you discover that you have weaknesses. Every person has them, business owner or not. The key to success is not so much in having every skill (although that would help) as it is in finding ways to compensate for the weaknesses. (more…)
Posted in Business and Tax, Home Based Business, Wealth Building | No Comments »
