Category Archives: Business Protection

How to Run My Business: Do Not Let Other People Tell You What To Do

How to Run My Business

Let me give you an illustration that affects all of us at one point in our business! We let other people tell us what to do…and they know nothing about what we are doing!

Story Time

You are a doctor! You are going in for a routine surgery that you have been doing for years! In preparation for the surgery, you go into meet the patient. You meet them and see how they are feeling that day! After the congeniality, you start discussing the surgery.

While going into detail of exactly what it will look like and how long the procedure will take the patient interrupts. The patient starts waxing eloquent on how they believe the procedure should be done. They go into detail of how you should do your job! The only problem is, they have never been a doctor. They do not know the trade! They honestly know nothing about anything, of what you are doing! Nothing!

At this point, you are flustered! You are not sure what to do! You buckle under the pressure of what the patient is suggesting! Instead of leaning on your expertise, you listen and follow, verbatim what the client tells you!

You start the procedure. About 30 minutes into the procedure you realize quickly that you should have stood up for your expertise! You should have not listened to the patience suggestions, as they have never had any skills in this situation. 30 minutes later…the patient dies! You try to revive her, but to no avail! Disaster!

What to Change

Just like this doctor, many of you allow your potential clients to run your business! You ask them to meet you, but then they ask a little question! “What is it?” You give in! And you vomit part of the information on them! You told them 10% of the presentation, and they made a 100% decision. They think they know! But they do not!

Another example is that you ask them to have a meeting with you! They say they are busy, and instead of scheduling an appointment, they ask you to send an email with a link! You give in and send them an email. They, at their own convenience, go to the link and do their “research.” At this point, they now have made and “educated” decision on your opportunity! They again had 45% information, but made a 100% decision!

Ultimately, you allowed them to tell you how to do YOUR business! They told you step by step of what you should do! Yet, they know NOTHING about what you do! And you followed their advice….and now what? They have made up their mind! And they want nothing to do with it!


“What is it?” …. “Well it is too hard to explain over the phone! It is best we meet. It will only take 30-45 minutes of your time! Unless you have questions of course! I think YOU would really be interested in it! Look if it is not for you, that is totally ok! Does 7PM Thursday work for you?”

“I am really busy, send me a link in an email!”…. “Unfortunately, it is something that it is really MUCH better in person! What does 5:30 on Thursday look like for you?”

See it is your business! You run it! If they are just insistent on trying to get the details before the meeting, just say, “Thanks for talking with me this short bit, obviously it is not the right time for you! We will catch up later!” I promise you, curiosity kills the cat! But DO NOT let the cat out of the bag at that point. Call them back up in few weeks from then. I promise they will be ALL ears at that point!

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3 More Reasons Why Hillary Clinton Will Financially Destroy Your Business

Will Hillary Clinton be a good president?  There is MUCH that is to be debated about that here in the next several months.  But one thing is for sure…Hillary’s positions will affect your business, whether great or small, in multiple different ways.  It does not matter whether you are Democrat or Republican, conservative or liberal…your business is going to get hit with her policies!

Here are 3 more reasons why Hillary Clinton will financially destroy your business:


The Allowance of Illegal Immigration-

The Truth is Hillary Clinton does not know what she believes when it comes to illegal immigration!  Whether she is for it or against it….it is a disaster that she is not firm on it, for your business!  As late as April of 2015, she was in full support of the path to citizenship for illegal immigration.  But in May of 2015, she said, ““Certainly we’ve got to do more at our borders,” she said, adding that, “people have to stop employing illegal immigrants.”  But Clinton did not utter the words “border” or “fence” during her remarks Tuesday May 5, 2015. She also did not speak of opposing “illegal immigrants” or “illegal immigration” as she did in 2003.

SO where does she stand? She does not even know!  It seems Hillary’s replies to questions are the results of her audience and what they want to hear.  This being said, if she is against it or for it…no one knows!  What we do know is that if you are not for it your against it! And if your are for it, then you are not against it! Confusing?….yes…yes, she is!  How will illegal immigration affect your business?  Higher taxes, higher minimum wage, higher insurances all that your business will have to pay out.  Yes, we can just NOT hire them, but that means we should also not financially give them everything they need to survive as a country!

If you are not a business person, this just means higher taxes!

As we have already seen that higher minimum wage is being affected because of people who are taking away the American citizens jobs.

The Championing of the Minimum Wage Hike- 

“I want to be your champion. I want to fight with you every day,” said Clinton, who kicked off her presidential campaign in April saying she wants to be the champion for “everyday Americans.”  “No one who works an honest job in America should have to live in poverty,” she said. “No man or woman who works hard to feed America’s families should have to be on food stamps to feed your own families.”


But what does hiking the minimum wage do?  It shuts down small business.  It makes major companies like McDonalds,  make more automated services.  These same people who are seeking for a higher minimum wage will actually lose their jobs!  More companies are turning to computers and automated services to do the normal tasks that humans used to do, all because of a higher minimum wage!  This raise in minimum wage only plagues small business and does not help them at all.  It also hurts the lower class.

What does this do to your business?  Well if you have employees…it could mean a entire change of dynamics within your business.  If you cannot afford it…it could mean that you are going to have to shut down your company!  If you are not a business person, this just means higher taxes!

National Debt Policies-

“It undermines our capacity to act in our own interest, and it does constrain us where constraint may be undesirable. And it also sends a message of weakness internationally. It is very troubling to me that we are losing the ability not only to chart our own destiny, but to have the leverage that comes from having this enormously effective economic engine that has powered American values and interests over so many years. So I don’t think we have a choice – it is a question of how we decide to deal with this debt and deficit…. There is no free lunch, and we cannot pretend that there is without doing grave harm to our country and our future generations.” – Hillary Clinton

Although Hillary’s words would be adamantly in favor of reducing the debt, her actions of making efforts in doing so have been everything but reducing it!

  • Voted NO on paying down federal debt by rating programs’ effectiveness. (Mar 2007)
  • Voted NO on $40B in reduced federal overall spending. (Dec 2005)
  • Voted YES on $60B stimulus package for jobs, infrastructure, & energy. (Sep 2008)
  • TPP must produce jobs, raise wages, & protect security. (Apr 2015)
  • End tax breaks for outsourcing jobs. (Jun 2007)
  • Defended outsourcing of US jobs to India. (Oct 2005)
  • Would accept minimum wage as president. (Jul 2007)
  • Stand up for unions; organize for fair wages. (Jun 2007)
  • Minimum wage should be tied to congressional salaries. (Jun 2006)
  • Pushed for extension of unemployment insurance. (Feb 2004)
  • The working poor deserve a living wage. (Oct 1999)
  • America can afford to raise the minimum wage. (Sep 1999)
  • Voted YES on extending unemployment benefits from 39 weeks to 59 weeks. (Nov 2008)
  • Voted NO on terminating legal challenges to English-only job rules. (Mar 2008)
  • Sponsored bill linking minimum wage to Congress’ pay raises. (May 2006)
  • No salary increase for Congress until minimum wage increased. (Jul 2007)


national debt

What do all of these mean?  Increase in taxes and increase in National debt.  The National debt has never been lowered by raising more taxes!  It has never been lowered by increasing minimum wage.  The only way the national debt will be decreased, is if the government will stop spending money on unnecessary things.  If they stop spending money on programs that never worked.

Many of the items listed above that she has been in favor of, have failed miserably!  Some of the things are still to be determined if she gets elected president.  I for one would love to see her take minimum wage if she becomes president.

If you own a business, her proposed policies and her past promotions have almost all hurt the small business owner rather than help them.  The problem is the government wants to tax to help pay off debt.  And to help the lower class and middle class people, however, the more they try to tax the upper class, the more it only hurts the lower and middle class!  The rich get richer and the poor get poorer!

If you are not a business person, this just means higher taxes!


Hillary Clinton is not an ideal president for people who own small business.  If what she promotes is any indication of where our economy goes, than many small business will be out of commission in the next 4 years if she comes to be president.  It will also destroy our economy and we will see yet another downward spiral in America!

What do you think about Hillary Clinton Running for President in regards to business?  Comment Below!


Here are 5 Tips for planning your financial future!  Click HERE


How do the rich get richer,and the poor get poorer?  Click HERE


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The Best LLC is a Nevada, Delaware, or Wyoming LLC: Extra Protection for Your Corporation

Do you want extra protection for your business!  I would encourage you to think about putting an umbrella around your existing corporation.  And if you do….use a Nevada, Delaware, or Wyoming LLC.  There are several reasons you should consider doing this!  More than half of public and Fortune 500 companies are incorporated in Delaware, and Nevada offers attractive tax advantages.  Wyoming state fees are less than most other states. Wyoming has no business license fees or officer filing fees.


Why a Wyoming LLC?

  • No state taxes
  • Asset protection and limited liability
  • Members nor Managers are not listed with the state
  • Best asset protection laws
  • No citizenship requirements
  • Perpetual life
  • Transferability of ownership
  • Ability to build credit & raise capital
  • Number of owners is unlimited
  • Lower startup costs- with Registered Agents of Wyoming LLC, the cost of forming an LLC is affordable.

Why a Delaware LLC?

  • Delaware’s business law is one of the most flexible in the country.
  • The Delaware Court of Chancery focuses solely on business law and uses judges instead of juries.
  • For corporations, there is no state corporate income tax for companies that are formed in Delaware but do not transact business there (but there is a franchise tax).
  • Taxation requirements are often favorable to companies with complex capitalization structures and/or a large number of authorized shares of stock.
  • There is no personal income tax for non-residents.
  • Shareholders, directors and officers of a corporation or members or managers of an LLC don’t need to be Delaware residents.
  • Stock shares owned by persons outside Delaware are not subject to Delaware taxes

Why a Nevada LLC?

  • Nevada doesn’t tax corporate profits or LLC profits.
  • Nevada doesn’t tax corporate shares or LLC ownership. Some states (not many, mind you) tax individual shares in a company.
  • Nevada has no franchise tax.
  • Nevada has no personal income tax.
  • Nevada doesn’t have an Information Sharing Agreement with the IRS. (There’s no information to share, because there is no income tax department).
  • Shareholders in a Nevada corporation and owners in a Nevada LLC are not a matter of public record-shareholders can remain completely anonymous.
  • Officers and directors of a Nevada corporation can be protected from personal liability for lawful acts of the corporation.
  • Nevada corporations may purchase, hold, sell or transfer shares of its own stock.
  • Nevada corporations and LLCs may issue stock for capital, services, personal property, or real estate, including leases and options. The directors may determine the value of any of these transactions, and their decision is final.
  • The Nevada secretary of state’s office provides excellent customer service and excellent web support.



So which is the best?  Well that is an answer that ultimately I would ask you to seek the advise of both your trusted Tax Accountant as well as a good Tax Attorney.  Never trust an accountant with a lawyer’s job, and never trust a lawyer with an accountant’s job.  They should direct you to help you with the exact needs of your business.

Each of these states have different policies, fees, and filing procedures.  This is why it is important for you to talk to your accountant and how this will best suit your needs.

Are you a Sole Proprietor?  If so You should get a corporation NOW…Read HERE!

Looking to turn your Liabilities into Assets?  Read HERE!

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