Day 177 of the 365 Days CHALLENGE to Build Wealth! Today, be silent to listen to yourself! With so much noise in the outside everyday, it is challenging to hear your own inner voice. Today, take a few moments to be silent… to be by yourself… to allow your inner voice to speak to you… and literally, listen to it. We […]
Day 175 of the 365 Days CHALLENGE to Build Wealth! Today, we happily conclude the week long training about how to protect your assets and your wealth legally. We work hard and every day to build a big networth. We invest most of our active years looking to retire comfortably. Yet, most people do not achieve it ever… simply because even […]
Day 173 of the 365 Days CHALLENGE to Build Wealth! Dear friends… I know it is kind of boring this legal topic, yet necessary as you continue to grow your networth and your wealth.. and we are almost done for this week. Now, when is a LP or Limited Partnership a good Idea? What is the purpose? How will it protect […]
Day 172 of the 365 Days CHALLENGE to Build Wealth! A Limited Liability Corporation or LLC structure for your business is very beneficial and flexible for many reasons… it is good for tax reasons… it is good to limit your exposure to creditors and potential legal problems… it is ideal when you have other partners. However, depending on your end goal, […]
Day 171 of the 365 Days CHALLENGE to Build Wealth! When an S-corporation is a good idea? What happens if you lose your S-corporation status with the IRS? Can you have foreign partners owning a percentage of an S-corp? How about taxation? How are you taxed on an S-corp? These and many more questions Garrett Sutton explains in a simple to […]
Day 165 of the 365 Days CHALLENGE to Build Wealth! “Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.” -Thomas A. Edison Coming from someone who failed thousands of times and also found plenty of success with his inventions…it will be nice to model after him. Confidence. Persistence. Passion… […]
Day 164 of the 365 Days CHALLENGE to Build Wealth! “The four Cs of making dreams come true: Curiosity, Courage, Consistency, Confidence.” – Walt Disney. You knew this… didn’t you? Now, What are you doing next to build your networth, your wealth and your life? P.S… To receive every piece of advice and recommendations up to now, to catch up with […]
Day 163 of the 365 Days CHALLENGE to Build Wealth! The hardest thing when you think about focusing. You think focusing is about saying “Yes.” No. Focusing is about saying “No.” And when you say “No,” you piss off people. – Steve Jobs. And that has to be ok for you when you are building your wealth. Most people are barely […]
Day 162 of the 365 Days CHALLENGE to Build Wealth! What is success? I think it is a mixture of having a flair for the thing that you are doing; knowing that it is not enough, that you have got to have hard work and a certain sense of purpose. Margaret Thatcher. Now, What is your definition of success? When will […]
Day 154 of the 365 Days CHALLENGE to Build Wealth! Finally, today we are finishing this section about taxes…LOL… 😃😃😃 Like I said at the beginning of the week, unless you are dead today, you will always have to deal with taxes… and since you are not dead yet, you better learn how to deal with taxes successfully and use every […]