Everyone has a slightly different definition when it comes to success. Recently we attended a forum that is made up of some of the most “successful” people in our industry. Interestingly enough, this was the focus the forum which lasted almost two hours. One of the definitions I heard, “Success is reducing the “have to’s”…
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It doesn’t take rocket science to employ time value of money – it’s simply the power of time and compound interest. If you started saving $1,000 a month at 20 years of age and it earns 8% a year, this would mean you would have almost 5.3 million dollars at age 65. But…. If you…
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Bill and Sue started their business several years ago. After a few years, it began to yield good profits and the tax man began knocking. During tax season they asked their accountant what they could do to get this tax bill down and, after consideration, they settled on setting up an S-Corp. This was a…
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The world around us certainly feels this way sometimes. Chaos is everywhere. Division, extremists, violence, and even hate seems to be at the root of headlines 24/7. The only certainty appears to be uncertainty. It’s hard for anyone not to have fear at some level. Even if we were just talking about the politics of…
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You are where you are because you want to be there. Wait…what? Even Zig Ziglar didn’t agree. He shared a story about receiving written directions late one night from a man at a gas station. Thirty minutes down the road, he learned he went the exact opposite direction he intended. He didn’t want to be…
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The most consuming questions are typically regarding logistics: How will the ownership look? Who will be in control? How do you structure it? How do you minimize taxes during transition? The most overlooked question, however, is the most important question. And it has nothing to do with logistics…. We sat down with a family last…
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Florence Chadwick, an American swimmer, set many international records, including breaking a standing record for swimming the English Channel between England and France. On July 4, 1952, she became the first woman to swim 21 miles across the Catalina Channel, from Catalina Island to the California coast. On her first attempt, the ocean was ice…
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I have a confession to make: I love watching the talent on some of today’s reality shows. It is absolutely wonderful to see every day people working to fulfill their lifelong dreams of turning their passion into a career. Several years ago, on The Voice, Danielle Bradbery, a young lady from Texas who was 16…
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