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ALL YOU NEED TO KNOW ABOUT THE STIMULUS CHECKS.
| Posted on April 3, 2020 at 4:04 PM |
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 We are aware that these are unprecedented Times and there are a lot of challenges during these Period. We are encouraging you to rise above this Situation and remain confident, that you will come out Stronger, Bigger and Better off. President Trump just signed off a $2 Trillion Relief Bill, which will come in form of Stimulus Checks to offer Assistance to Millions of American Household, affected by the Corona Virus Pandemic. We are aware that most of us have Questions and we want to enlighten you more about, what in this for us. The Following are the Basic Things to know about the Stimulus Checks:
It is important to note that if the Income Exceeds the threshold, the Amount will be reduced on a Sliding Scale.
We are available to help you with all the Questions, that you may have , regarding the Stimulus Check as well as any other Question on the Stimulus Package. We are also available to assist you virtually. Call us on 202-422-4586 to set up an Appointment. It is always our Pleasure to Help you. |
Turning your Passion into Business.
| Posted on September 14, 2017 at 10:07 PM |
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 We grow up in life,
structured to believe that, after we go through the school system, we graduate
to work for Organizations. We often fail to realize that, we can use our
knowledge and experience to start up our own Businesses, especially when most
companies rarely allow their employees to become Business Owners. As
individuals, we need to harness our passion and recreate the relentless
entrepreneurial spirit in us, to launch us to where we are meant to be. Everyone is born with
a gift; each of us has a passion and something that we are all excited about.
The idea is to turn this passion into an entrepreneurial opportunity, where you
can turn your passion into a money making machine. Everyone has an innate
entrepreneurial ability; it's how we harness this ability that determines how
we make progress in life. The basic reason, why
most of us fail to harness our entrepreneurial ability is because we feel safe
in our jobs. We have become comfortable with our safe salary increases that
will never get us where we need to be. Do you know that you can use your
free time, imagination and your creative skills to deliver value that nobody
has ever delivered in the history of Mankind? You need to step out
of the prison imposed on you from the Organization; you work for and create an abundant
life for yourself. Abundance only comes when you are moving along your
passion. Below are some of the
Skills needed to develop the entrepreneurial ability in you: 1) The Ability to have
ideas. 2) The Ability to execute
on the ideas. 3) The Ability to sell
the Ideas. 4) The Persistence to
keep learning as you fail. 5) The Ability to move
onto the next Adventure. I always advise recent college graduates entering the exciting
world of professional services to consider themselves entrepreneurs on day 1.
You have to identify your passion and the specific area that you want to
develop yourself in life; find other People within this field and learn from
their expertise. Networking is also very crucial as well as connecting with
others. Although they may not realize it now, the professional service industry
is one of the few that allow employees to eventually become business owners.
Even if they have no intention of becoming a partner or starting their own
firm, it is important for young professionals to distinguish themselves by
creating a personal brand and an entrepreneurial spirit within their
profession. Below are some steps
to Turning your Passion into Entrepreneurial Opportunities: Find
Your Niche Like most
entrepreneurs, you need to find your niche - a specific area that you are
passionate about. This could be anything from Handmade Jewelry, Accounting,
wealth management services, or even insurance sales. Finding the right niche is
the first step to building any entrepreneurial endeavor. After realizing what
area of your profession interests you, it is important to find others within it
and learn from their expertise. Networking is crucial and connecting with
others is a sure fire way to broaden your horizons. At the initial year of my Accounting
and Bookkeeping Business, I had a mentor that coached me, taught me the
nits and grits of the Business and molded my path in this Business line, and I
give credit to him for this direction. I must say, that all that I learnt
from him, is what has helped to mold me into what I have become today. Develop Your Skills and Knowledge For you to turn your
passion into an entrepreneurial opportunity, you need to immerse yourself
within everything that pertains to it, attend seminars, talk to future
competitors and analyze barriers to entry. If you want to develop your skills
you will need to train others, as this will eventually help to develop and
strengthen your knowledge and perfect your skills. Build Your Brand Personal branding is a
must for turning your passion to entrepreneurial opportunities, especially in
an age when professional service is becoming a much needed commodity. In
order to leverage in your industry, you need to set yourself apart by
leveraging your personal brand. The first step to
building a personal brand is considering yourself and your "turned
passion" as a product. You need to ask yourself many questions before
building your personal brand: What is your value proposition? Why should
people buy your product? What can you bring to the Table? Who are you
trying to target? Don’t Wait For Opportunity: Create It Once you determine
your personal brand, you have to go out and create your opportunity. The
biggest stumbling block to launching your own Enterprise is waiting for
opportunities instead of creating them. Allowing others to dictate your success
in any specific profession is a sure fire way to guarantee disappointment. If
you keep sitting and waiting for someone to hand you a promotion or give you
that well deserved pay raise at your job; it is akin to doing the same thing
over and over again and expecting different results – its insanity. Summary In conclusion, to make
it ahead in a competitive world of services, we need to distinguish ourselves
among our cohorts. Be an entrepreneur at work, Take Control of who you report
to, what you do and what you create. Deliver some value - any value - to
somebody, anybody and watch your value compound into a career - Your Desires
Entrepreneurial Opportunity. Following the simple steps above can make all
the difference and create a huge impact your life. So, what are you
waiting for? Go ahead and Turn your Passion into a Business and watch your
Business Grow. |
Understanding Your Cashflow
| Posted on July 2, 2014 at 1:55 AM |
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Welcome to the
month of July. We are done with the first half of the year and started the countdown to the remaining half of the year. Our Newsletter for
this month is on an integral part of every business; an area that is generally
misunderstood by most business owners, but interestingly plays an important
role in every organization. Have you taken time to look at your Cash flow
Statement? Can you tell where Funds are disbursed in your Business? Do you
understand the effect of your Spendings? The art of struggling to understand
and manage your cash flow can be a huge distraction to your business; in this series,
we will be providing you with quick tips on the basic method of understanding
your cash flow. Our Areas of
Concentration will be on: - Definition of
Cash Flow - Drivers of
Cash Flow in a Business - Facts about Cash
Flow - Quick Tips on
Understanding your Cash flow and applying it to your Business. - Managing your
Cash Flow effectively. What is Cash Flow? Cash Flowis the movement of money into or out of a business, project or
financial product, and can be measured at any specified period of time. The Following
are the drivers of Cash flow in a Business:
It is worthy to
note that your Cash Flow originates from 3 Basic Operations: a) Cash Flow
from Operations b) Cash Flow
from Investing c) Cash flow
from Financing Most Business
Owners have problems with Understanding their Cash Flow because of the
following facts: a) A Profit or
Loss in a Business does not equal Cash Flow. b) An Increase
in Cash in your Business is not always good. c) A Decrease in
Cash is not always bad. Many Business
Owners have problems understanding and interpreting their Cash flow, because of
the technicalities involved; but I want to challenge you today, to take the
simple test below, write down your answers and put it into practice, and watch
your business grow; I bet you will be so thankful for this
enlightenment:
By
doing this exercise periodically, you will have a better grasp of your cash
flow, and see its effect on your Business growth. I will like you to
try this exercise and forward your feedbacks. In my next article, I will be
giving you tips on how to effectively manage your Cash flow in your Business.
Please feel free to contact us, if you will need further help in understanding
your Cash flow and producing your Cash Flow Report. We will love to help you. Remember: The
best time to take control of your Cash Flow is RIGHT NOW. |
How do you value your Finances?
| Posted on June 19, 2013 at 2:07 AM |
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Recently, I was discussing with a friend, who was competing with her sister in selling their hand made beads. The conversation was about raising her prices from ten cents to twenty five cents per bead. I asked her what she needed to achieve from the increase and what areas of her life, that she feels the increase will make an impact, hence asking her the five most important things that matters to her in life. She thought about it, looked at me and said in this order: “First, My Family, then My House, Television, Candy and then Money”. Impressed that she had come up with exactly five items, I probed a little deeper. “Mary, what do you need to get the candy that you love?’ “Money”, she said. “And how about the TV, what do you need to get that?” “Money” “And how about your house?” “Money”, she replied once again. And then I asked, “How about your family, what do you need to get them?” Just as quickly, she replied, “Love” “That’s right, “I said, but don’t you think that maybe you have to reorder your list? You see, if you need money to buy the candy, the house and the TV, then don’t you think money should be more important than what it can buy? In that instance, she thought about it and said, I was right, and within that short period, I introduced her to the law of money, a law that serves as the foundation for wise spending. THE LAW OF MONEY: PEOPLE FIRST.THEN MONEY.THEN THINGS You see, most of us are just like Mary, we value things more than we value money. We care more about having what money can buy than we care about having money itself. When we follow the law of money, we will find out that, we are respectful of money, and if we follow it and keep what we have and spend, it will make us truly rich. We will analyze each category:
The difference in your perception is the VALUE SYSTEM that you applied- A Room filled with things is okay, whereas a room full of money is not.
In conclusion, when we work hard for our money, maybe forty hours or more a week and then go shopping, buy food, clothes and stuff, we usually say that we don’t know where the money went. This is also applicable, when we pay for services, that we really need; but why don't you consider this- CHANGE your perspective now, if we valued money over things and over items it can buy, then we would know exactly where our finance is going. We should change our money/thing ratio, so that we will have more money than things, this will also encourage us to take great pleasure in seeing our money and watching it grow. With this approach, we would always know when we can afford something that we need and will be more likely to be able to buy the things we TRULY WANT to make us happy. So next time, you go out to spend money, always remember that you are not throwing the money away, but you are exchanging it for something that has a value to you. Please feel free to give us a call today to get your finances organized, so that you can capture where your expenses are going and invariably increase the value you need for the important areas in your life. |