Advantages of Business Ownership

Why Own Your Own Business?

Business ownership along with financial literacy is the key to financial freedom. Business ownership is not for everyone; it is only for those who believe in it and have the guts to own the right business for the right reasons. Without the right reasons to endure the process to become a successful business owner we are bound to give up along the way. Here are 7 right reasons to own your own business:

1.  Tax benefits.

v  Tax laws favor business ownership

v  Build own asset instead of someone else

v  Build an asset that will continue after you are gone

2.  Build assets that produce income.

§  Attain financial freedom

§  Build own brand

§  Control your financial destiny.

3.  Provide solutions to pressing problems.

ü  Create positive impact on the lives of others

ü  Implement ideas of your own

ü  Work on what the world needs and you can be paid for

4.  Build skills.

Ø  Stay on top of your game

Ø  Learn by taking responsibility and by doing

Ø  Play different roles in your business

5.  Create jobs.

·       Provide direct and create indirect jobs

·       Hire the right people

·       Choose who you work with

6.  Accomplish more.

o   Be more effective

o   Direct your energy to the right endeavors

o   Get more done and faster

7.  Give back to the world.

• Create culture and story to tell
• Give to the right causes
• Build fulfilling relationships and community

 The best and fastest way to build a business is to learn from someone who has built a successful one!

Be blessed and be a blessing to others

Carlos Fontana

Author of the book PRICELESS, Co-author of the book Follow to Lead

"Those that take swift action will always leave those that don't breathing the dust"

"The future belongs to those who can see and pursue opportunities before they are obvious"

“Managers influence numbers, leaders influence people by inspiring them to pursue excellence”

Right Reasons To Be an Entrepreneur

Main Reasons to Be an Entrepreneur

Entrepreneurship along with financial literacy is the key to financial freedom. Financial freedom is not for everyone; it is only for those who believe in it and have the guts to pursue it for the right reasons. Without the right reasons to endure the process to become a successful entrepreneur we are bound to give up on our goals and dreams. Here are 7 right reasons to pursue entrepreneurship:

1.  Be passionate about learning.

v  Invest in yourself

v  Speed up the learning

v  Lead change

v  Create and innovate

v  Help others to succeed.

2.  Want to live a meaningful and fruitful life.

§  Be authentic, be you

§  Be autonomous

§  Fulfill your mission

§  Work on what you love and are good at

§  Control your destiny.

3.  Take advantage of opportunities.

ü  Availability and low cost of technology

ü  Serve a global marketplace

ü  Responsibility to society

ü  Provide what the world needs

ü  Be rewarded for providing value

4.  Want the freedom from financial stress.

Ø  Financial security

Ø  Financial freedom

Ø  Accomplish more

Ø  Get paid for the value provided

Ø  Be a blessing to others

5.  Want to enjoy life.

·       Freedom to use time wisely

·       Work on what you love

·       Live a life of no regrets

·       Live your faith

·       Practice creative leisure

6.  Want to expand the network.

o   Ability to connect with the right people

o   Associate with like-minded people

o   Create community

o   Create new culture

o   Make a difference in the lives of others.

7.  Take care of family.

    Create new family history

    Value family

    Time with loved ones

    Live by priorities instead of obligations

    Leave example for others to follow.

             

Be blessed and be a blessing to others

Carlos Fontana

Author of the book PRICELESS, Co-author of the book Follow to Lead

"Those that take swift action will always leave those that don't breathing the dust"

"The future belongs to those who can see and pursue opportunities before they are obvious"

“Managers influence numbers, leaders influence people by inspiring them to pursue excellence”

What are you thankful for?

Happy Thanksgiving

It is time to take time to give thanks for all our blessings. What are you thankful for? Here are 7 things I am thankful for:

1.     My Health. What do we really have without our health?

2.     My Faith. What is the real reason to live without our faith?

3.     My Family. Can we really live enjoy life without our families?

4.     My Friends. Can we fully live a joyful life without friends?

5.     My Partners and Customers. Can we prosper without them?

6.     My Resources. Who can we really help and serve without resources?

7.     My Ability to Learn and Grow. Can we thrive without it?

Be blessed and be a blessing to others

Carlos Fontana

Author of the book PRICELESS, Co-author of the book Follow to Lead

"Those that take swift action will always leave those that don't breathing the dust"

"The future belongs to those who can see and pursue opportunities before they are obvious"

“Managers influence numbers, leaders influence people by inspiring them to pursue excellence”

7 REASONS TO BE FINANCIALLY FREE

Main Reasons to Be Financially Free

Financial literacy is the key to financial security and financial freedom. Financial freedom is not for everyone; it is only for those who believe in it and have the guts to pursue it for the right reasons. Without the right reasons to seek financial truth we are bound to fall for any quick scheme and stay in financial mediocrity, struggling financially for the rest of our lives. Here are 7 real or right reasons to pursue financial freedom.

1.     Choose lifestyle. Without financial freedom we are bound to live a lifestyle chosen by someone else. Financial freedom allows us to think and live in the right places and in the right locations.

How about having the choice to visit the wonderful places the world has to offer?

2.     Have financial security.  Security means different things for different people. Financial security comes from having the right assets that generate income.

How about leaving the illusion of job security or leaving the rat race for rats?

3.     Make the right investments. Without financial freedom we cannot make the right investments for the right reasons. Things like investing in ourselves, in our passions, and in the causes dear to our hearts.

How about having the choice to invest in your unique mission in life?

4.     Focus on health. With financial freedom we can allocate time and resources into physical, intellectual, mental, emotional, and spiritual health. Wealth is a lot more than money. Wealth also includes full health, free time, and healthy relationships. How long and how well would you live if you could invest in your whole health?

5.     Have the right time allocation. Financial freedom allows us to spend the time with those we care the most about – our family, friends, associates, the underprivileged.

Is your time and energy going to your priorities or your obligations?

6.     Have more fun.  Financial freedom allows you to pursue creative leisure. Creative leisure is the ability to have fun, learn, and work at the same time. People get in and stay in financial bondage when they pursue entertainment as a relief for self-imposed stressful lives.

Imagine how much creative leisure could you have in your life?

7.     Help others.  True joy in life comes from helping and serving others. It takes time, energy, and resources to do that.

What is preventing you from volunteering for the right organizations with the right causes?

Be blessed and be a blessing to others

Carlos Fontana

Author of the book PRICELESS, Co-author of the book Follow to Lead

"Those that take swift action will always leave those that don't breathing the dust"

"The future belongs to those who can see and pursue opportunities before they are obvious"

“Managers influence numbers, leaders influence people by inspiring them to pursue excellence”

Are You Prepared?

How to prepare for the next economic downturn

Economic cycles come and go and the next one is certain to come. So how do we prosper during and beyond the next down cycle? The answer is to prepare. Sounds simple yet few do it! How does one go about preparing for future prosperity? The time is to start preparation today!

Here are 7 specific actions that are critical to success no matter where you are today.

Financial Literacy.

How do we set ourselves up financially to withstand any financial downturn? Educate yourself financially. It is obviously implied here that we get rid of debt of all kinds as fast as we can. Here are four action we can take.

1.     Build an emergency fund. Just like the name says, it is for emergency only! This is money set aside in case of worst case scenario where items 2 and 3 below are depleted.

2.     Survival preparation. Do you have the necessary things to go through unpredictable events? Will be basic necessities of life be met?

3.     Boost savings. Will your savings allow you to go through the downturn? How long will the savings last? Think in terms of years or decades.

4.     Invest in the right assets. How will your investments perform during and after the downturn? What assets perform well during downturns?

Entrepreneurship.

Entrepreneurs are survivor by nature. Entrepreneurs love challenges and thrive during new economic times.

5.     Invest in yourself. The best investment we can make is in ourselves. Invest in your continuous education. Plug into the right education system and keep building up knowledge. Apply the knowledge gained to build skills like leadership skills to start or expand the right business.

6.     Start the right business. Business ownership is critical to creating and preserving wealth. The right business are those that focus on leveraging a business system and developing others.

7.     Serve others. Expand network of people you help and serve. Build strong and lasting relationship with the right people.

Be blessed and be a blessing to others

Carlos Fontana

Author of the book PRICELESS, Co-author of the book Follow to Lead

"Those that take swift action will always leave those that don't breathing the dust"

"The future belongs to those who can see and pursue opportunities before they are obvious"

“Managers influence numbers, leaders influence people by inspiring them to pursue excellence”