Do you have the guts and the courage to have your business succeed? The government doubts it. According to the U.S. Small Business Administration, over 50% of small businesses fail within their first year of operation. 95% fail within the first five years. That is 19 out of every 20 small businesses in the country. … Continue reading 5 Courageous Business Moves To Help Your Company Survive
Imagine you are looking at a U.S. national weather map. Storms in the Northeast. Sunny in the Southwest. It is rare that the weather is the same in every section of the country. There could be tornados in the Midwest while Florida and California are perfectly sunny. There could be a tropical hurricane in Florida … Continue reading Stormy Or Sunny: How Will You Weather The Next Stock Market Storm?
Promote your authority to listeners who are part of your niche market – business professionals, entrepreneurs, and consumers. Today, everybody uses social media to build and reinforce their brand and their position of authority in the marketplace, and you and your company are probably no exception. But sometimes in addition to zigging with everyone else, it’s … Continue reading ForbesBooks Radio: Utilizing The Power of Airwaves
Nothing like spoiling the party, right? Here you are feeling good about new resolutions for the year and someone has to use the “B” word. Thanks a lot. Nevertheless, many of us have budgets on our minds this time of year, both in business and in our personal lives. When I find myself discussing the … Continue reading New Year’s Is Over, Now The Fun Begins: Your 2018 Budget
Insurance exists for a clear reason: it Is designed to protect you from devastating financial losses. Millions of people pay insurance premiums every year in exchange for a promise from their insurer: you will be “covered” when you suffer an insurable loss. In reality, when an initial claim is filed with the insurer, oftentimes it … Continue reading It Is Time To Make Paying For Insurance Rational
Another holiday season is upon us. Family gatherings, office parties, and completing gift lists will take up a lot of the coming weeks. This year, begin with a gift to yourself: See your CPA or tax advisor in the next few weeks for yourself and your business. If you wind up saving more tax dollars, … Continue reading Year-End Tax Planning: More Preparation Means Fewer Holiday Seasons Spent Working
Life as a successful businessperson does not have an off button or a finish line. And as exciting as the journey is, it can be quite mentally, emotionally, spiritually, socially and physically taxing to run a business. As a matter of fact, studies show that burn out, lack of passion and internal disharmony are a … Continue reading Routines, Rituals, Habits, And Superstitions
By Wes Fang, Vice Chair, Financial Practice Ask a person on the street what the word “finance” brings to mind, and you’re likely to hear some fairly negative responses; things like “greed”, “Wall Street” and “Bernie Madoff”. It’s no secret that the financial world suffers from a trust gap, partly because the headlines feature the … Continue reading The Trust Gap – And Getting Past It
When I first got into the financial planning business twenty-five years ago, I was taught—and believed—that a taxable account was the worst place for your money to be invested. Why pay taxes when there are better options? After all, with a Traditional IRA and 401(k) account, you can defer the tax into the future. This … Continue reading Feeling The Sting Of The Tax-Deferred Retirement Account
In the wake of this summer’s historic hurricane outbreak, insurance companies have come into the media spotlight. Hurricane Harvey was the first category 4 hurricane to make landfall in Texas in almost 60 years. In a four-day period, many areas received more than 40 inches of rain as the system meandered over eastern Texas and adjacent waters, … Continue reading Insurance In The Face Of Disaster
Agents are often coming to me to talk about their cases—something I like to help them with. But I always stop short when an agent says they have a universal life case for me to look over. As financial advisors and agents, it’s our job to put our clients into the best possible product for … Continue reading Universal “Lies” Insurance
Texas Monthly named Terry Black’s Barbecue in Austin, TX one of the “50 Best BBQ Joints.” It is a family business with generations of barbecue knowledge. If you’ve ever been to Austin, you’ve probably been to Terry Black’s, or at least heard of it. Most nights they sell out of meat by 9:00pm. And while … Continue reading What’s In The Secret Sauce To Success?
