Do more with less: maintenance and defense

From Wikimedia Commons As I wrote before, to measure your productivity, divide your revenues by assets.  To improve productivity, either increase your revenues or decrease your assets. This is also true for your personal finances.  Doing more in your life with fewer assets can greatly enhance your financial and personal well-being. I found a great […]
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Social media is complicated 2

I’ve reorganized my social media plan. (The old plan is here.) For accountants and those who aspire to be accountants, I’m offering www.freakingaccountant.com and @freakingcpa (formerly the rather bland-sounding www.accountingethicist.com and @accountingethic). For those who want to learn how to keep books and records for your online business – quick, cheap, and easy, I’m offering accountinator.com […]
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The Real Estate Delusion

Building wealth requires hard work and discipline. I’ve studied approaches to creating wealth with real estate.  Sometimes these approaches are remarkably successful.  Other times, they are spectacular failures.  Whatever you do, don’t consider a real estate investment “program” to be a panacea for your financial wounds.  Instead, walk in with your eyes wide open.  Know […]
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10 business lessons to learn from the Piligrims

In honor of Thanksgiving: Don’t be afraid to try something new.  If England is not working out, try the New World.  If your job isn’t working out, try a new one. Eat healthy. Eat organically-grown whole grains and free-range poultry. Keep an abundance mentality.  Wealth is not something that must be seized from others, nor […]
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Partnerships

Avoid disaster. (Wikimedia Commons) E-Commerce start-ups are notorious for setting up partnerships in an informal way.  This usually leads to disaster. As I wrote previously, you  and your partners may wish to set your business up as a corporation.  If you do, then “partners” are really shareholders in the corporation, holding stock certificates.  Each shareholder […]
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10 deductible expenses that you probably already paid for

Everyone should know the many absurd tax rules that affect their business.  Here are 10 expenses that you probably already paid for that could be deductible. This list isn’t complete – there are many more deductions.  Furthermore, fine print goes with almost every tax deduction.  Before taking any deduction on your tax return, consult with […]
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