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Invest 2% Of Your Income In You

When we think about investments, we often direct our attention to categories such as stocks, bonds, and real estate.   What we don’t think about often is our most valuable asset, which is our ability to earn an income and how we can grow that income faster.  Almost 20 years ago, I met an extremely successful business owner who gave me a simple lesson: Invest 2% of everything you earn back into your ability to grow your income. So, what does this mean exactly? Investing in you is like diversifying your portfolio investments.  It means that you might take a chance and invest in that side hustle you think could be a business.  It means investing in a training course or advanced education that could further your current career.  It means investing in a personal coach who could improve your business performance.  It could also mean investing in an exercise or nutrition program that could give you more stamina every day ...

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The Atlanta Small Business Show on Peachtree TV: Episode 10

Want your business featured on The Atlanta Small Business Show? Tell us your story! And if you would like to advertise with ASBN, give us a call at 678-332-9706 or email us at sales@myasbn.com On this week’s episode of the Atlanta Small Business Show, we started things off with Steven Carse, co-founder, and CEO of King of Pops. We then took a look at this week’s episode of the Atlanta Small Business Profile, where our host, Ted Jenkin, spoke with Garett Lockhart, CEO of the Atlanta Brewing Company. Next up was an Advice From the Pros segment with Jeanne Bliss, customer experience expert. Next, we caught up with Ashley Bell, Regional Director for the SBA, and special guests Labriah Holt and Mike Glover. Rounding out the show was another Advice From the Pros segment, this time, featuring Ryan Wilson, co-founder and CEO of The Gathering Spot. ...

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Atlanta Small Business Profile – Jane Reid, Can You Imagine? Residential Gift Solutions

On this week’s episode of the Atlanta Small Business Profile, Ted Jenkin sits down with CEO of Can You Imagine? Residential Gift Solutions, Jane Reid. Can You Imagine? has been partnering with property management companies in the multi-family industry for over 20 years. They help property managers build and strengthen their relationships with residents from day one. From prospect to renewal, Can You Imagine? strives to assist properties in boosting their annual renewal rates. According to Jane, gifts are an amenity at any property. Welcoming residents properly, and starting that relationship off strong, sets the tone for the entire living experience. Jane believes that the value of a gift can go a long way. Not just a branded swag bag, but a nice blend of gifts that say thank you, and express your appreciation can initiate a strong connection between resident and manager. To find out more about Jane and Can You Imagine?, be sure to watch our full interview ...

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The Atlanta Small Business Show on Peachtree TV: Episode 9

On this week’s episode of the Atlanta Small Business Show, we kicked things off with Emily Schunior, customer experience specialist and owner of Arc Speed Strategies. We then took a look at this week’s episode of the Atlanta Small Business Profile, where our host, Ted Jenkin, spoke with Danny Bacher, CEO of Topper, a worldwide chauffeured transportation company. Next up was an Advice From the Pros segment with Leslie Kuban, franchise industry expert. Next, we caught up with Jesse Itzler, founder of ZICO Coconut Water. Then, we took a look at another Advice From the Pros segment, this time, featuring Verne Harnish, founder of EO and Scaling Up. Rounding out the show was Dr. Lee Davenport, author of “Profit With Your Personality“. ...

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The Three Most Important Letters In Retirement R M D

What is a required minimum distribution? (*) You’ll sometimes hear that you have important financial decisions to make when you turn the age of 70 ½.  The IRS has never seen a nickel of tax revenue on account you may have started in your early 20’s, so now they are wanting to get their due.  An RMD or required minimum distribution is the amount that the tax laws require you to take out of certain types of retirement accounts once you reach the age of 70 ½. If you have a traditional IRA, a 401(k) account, 403(b), or other types of retirement plans, then you’ll generally have to start taking RMDs once the provisions of the law kick in. The rules apply to certain inherited retirement accounts as well, so be very careful when you inherit an IRA. Required minimum distributions must be made in cash, and you’re generally required to complete the withdrawal by the end of the calendar ...

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How Much Should You Be Tipping?

There was an excellent story written a few years ago interviewing Michael Lynn, who had written more than 50 papers on tipping.  In his excerpts (source: PBS) he said there are five basic motives for tipping. Some people tip to show off. Some people tip to help the server, to supplement their income and make them happy. Some people tip to get future service. And then other people tip to avoid disapproval: You don’t want the server to think badly of you. And some people tip out of a sense of duty. There are people who tip to reward servers for service. If the server does a great job, I want to express my gratitude so that is another motivation for tipping. But how strong is that motivation? My research suggests it’s not terribly strong. I find the relationship is so weak that it would be wrong to use tipping as a measure of service quality. People often say that’s ...

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35 Billion Ways to not be Jeff Bezos

You might have seen recently that the King of Amazon, Jeff Bezos got into some trouble and ended up in divorce.  While the details of the settlement are not disclosed, it looks like he did not have his wealth in a trust.  And all of his Amazon shares seems to be in his personal name.  This means his ex-wife is going to end up with around $35 Billion.  But don’t cry too much for Jeff, he should still be worth over $100 Billion when it’s done.  His mistress has now announced she is also getting divorced, so you know Jeff will be making some post-divorce moves before he ties the knot again. While you might not have billions on the line, here are a few things you should do after a divorce. 1. Check Your Beneficiaries– Most people list the beneficiaries on their 401(k), IRA’s, and insurance policies when they set up the accounts and forget all about them.  While ...

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Four Ways Your Kids Can Ruin Your Retirement

Retirement generally only happens one time in our life.  It is that transition period where we hope our work, parental, and personal responsibilities dissipate to the point where we only have to worry about ourselves.  It is a time in our lives where we don’t have to be on a time clock, don’t have to worry about checking e-mail, and there are no meetings that we have to be at on the schedule of someone else. Nobody really tells you what kinds of responsibilities come with having children until you actually have a child.  You work hard to raise your child the right way, and you hope one day that they will be a fully self-sufficient individual.  Your greatest fear may be your own children’s failure to launch.  Here are four ways your children can ruin your retirement: Their Debt Becomes Your Guilt Many parents believe it is their responsibility to make sure their child graduates college with no debt.  ...

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