My Retirement Plan

Not so much a retirement plan, but a plan to transition from a self employed IT professional to a business owner, and investor.  In Robert Kiyosaki’s Cashflow Quadrants, he brilliantly described the 4 characteristics that make up these quadrants as E/S/B/I. E = employee (have a job) S = self employed (own a job) B…

Continue Reading →

President Donald Trump, Welcome to the Winner’s Circle!

President Donald Trump… Against all odds, you overcame all obstacles and overwhelmingly defeated all of your political opponents, and was elected to the 45th President of the U.S.A. on 11-8-2016. You were mocked, laughed at, insulted, and demonized from the moment you announce your presidential candidacy. Who is laughing now? You were not being arrogance…

Continue Reading →

Signode Industrial Group – Company Spotlight

As a leading manufacturer of industrial packaging, Signode Industrial Group makes the bulk transportation of goods possible. The $2.4 billion global company has 88 manufacturing facilities across six continents. Their products are sold around the world in developed and emerging markets under well-known and trusted brand names, including: Acme Packaging, Angleboard, Burseryds Bruk, Caretex, Dacro,…

Continue Reading →

CarMax – Company Spotlight

In 1993, when CarMax opened its first store in Richmond, Virginia, we had one goal: completely revolutionize the used car buying experience. We emphasized transparency, integrity, and honesty. We made the experience easy and worry-free. We’ve been changing the way America buys cars ever since. Today, we have more than 145 stores across the country…

Continue Reading →

State Property Tax Ranking

Property tax can eat into a majority of your rental property income, or significantly increase your housing cost. Considering that rental property investing is a slow, long game with respect to monthly income / cash flow — keep an eye on your property tax as a percentage of your overall expense! Some people don’t invest in Texas…

Continue Reading →

My Observations on Income/Wealth and Investing Revolve Around Cash Flow

1. My professor taught me computer programming and told me that he will teach me the skills I need to make a comfortable living, but I will never get rich doing it. He said to use my IT skills as a stepping stone to seek riches. But he never taught me how to get rich.…

Continue Reading →

Focus on Richdad’s BI-Triangle to Build a Successful Business

Richdad often talked about invest in systems NOT products. He called his system to achieve business success the BI-Triangle. When you evaluate a business opportunity or get frustrated over your existing business endeavors, refer to his BI-Triangle business model. He states a successful business needs to have a strong BI-Triangle with a strong mission, team,…

Continue Reading →

I Applied for a Chick-fil-A Franchise, and You Should Too!

In keeping with the theme of our platform “to elevate the wealth-being of every independent consultants,” I would like to share an opportunity I took it upon myself to take action. As an entrepreneur and opportunity seeker, I always keep an eye open for low risk / high reward opportunity in everything I read and…

Continue Reading →

Consulting Success: 26 IRS Audit Risks You Should Know

This chapter is devoted entirely on the discussion of tax audit red flags and how to avoid them. Once a return is selected for audit, the level of scrutiny and leniency are all depending on the IRS agent’s and his manager’s working style. Some agents and managers will make sure no stones are left unturned.…

Continue Reading →

Consulting Success: Legal Business Entities, and the Expectation of a CPA

Members of ConsultantFriends.com: As a CPA, it is my passion to help entrepreneurs like you to become more successful business owners. It is my great pleasure to announce that I will contribute a series of articles that are specifically written to help propel you and your businesses to a higher level of success. It is…

Continue Reading →

Page 1 of 3