Real estate has unique benefits thanks to its ability to use leverage and the opportunity for passive income to grow over time. While you certainly need some capital upfront to get to the $50,000 mark, here are three simple ways you can do it. A luxury real estate agent with RETSY can dive into tips like: · Buy a long-term rental property: You can raise rents to match … [More]
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Are You in Fear of Failure? How a Shift in Mindset Can Change That
inbusinessPHX.com
As a teenager, Steven Spielberg longed to attend one of the prestigious film schools at UCLA or USC, where he hoped to create the foundation for a future career as a movie director. Unfortunately for Spielberg, these top-flight universities saw only poor high school grades and no potential, so they rejected him – multiple times. As a backup plan, he enrolled at California … [More]
Stressed Out Financially? 3 Tips to Reduce the Worries
by John L. Savarino
A perfect storm of world events is understandably triggering financial stress in the vast majority of Americans. In a recent survey by the American Psychological Association, more than 80% of U.S. adults said they were feeling increased financial stress due to: Higher inflation (87%) Ongoing supply chain issues caused by the pandemic (81%) Global uncertainty due to … [More]
How Taking a Self-Inventory of Your Health Could Save Your Life
inbusinessPHX.com
A recent WebMD survey found that many adult Americans know astonishingly little about their own health. For example, 39 percent were flummoxed when asked if they knew their blood type. Only about one-third said they know a lot about their family’s health history, and a quarter said they know little or none of it. That’s concerning because the more that people know about … [More]
5 Benefits Leaders Will See with New Employee Accountability Mindset
inbusinessPHX.com
With consumers besieged by high inflation, soaring gas prices and rising interest rates, more businesses may start feeling the brunt of these economic pressures, which makes getting the best results they want out of their employees as important as ever. But how can leaders hold their teams accountable in ways that drive performance without driving people away? After all, … [More]
How Can Company Leaders Develop New Ones? Tips They Can Give Recent Grads
by Barbara Bell
Company leaders who are welcoming recent college graduates to their organization see themselves in the young faces walking in the door. Like these new graduates, C-suite executives and department managers once made the challenging transition to the corporate world, taking their first professional job with a combination of optimism, excitement and nervousness. When they were … [More]
Should You Create an LLC for Your Rental Property?
by Kyle Wallace
Whether you currently own rental properties or are a homeowner contemplating leasing your own home or purchasing a rental property, it's important to consider how you should protect yourself. One of the more popular options is to create a Limited Liability Company (LLC) and transfer ownership of that property into the LLC. The Application Process Creating an LLC involves … [More]
EN NEGOCIOS: Las pequeñas empresas propiedad de latinos enfrentan obstáculos para acceder al capital para hacer crecer sus negocios
por Edgar R. Olivo
EN NEGOCIOS: Las pequeñas empresas propiedad de latinos enfrentan obstáculos para acceder al capital para hacer crecer sus negocios El acceso al capital está frenando las empresas propiedad de latinos, según una encuesta reciente publicada por la Reserva Federal de los Estados Unidos. Los latinos tienen tres veces más probabilidades que la población general de iniciar un … [More]
Latino-Owned Small Businesses Face Hurdles in Accessing Capital to Grow their Businesses
by Edgar R. Olivo
Access to capital is holding Latin-owned business back, according to a recent survey released by the United States Federal Reserve. Latinos are three times as likely as the general population to start a business, but cultural and economic factors have hampered the growth of Latino-owned businesses at a cost of trillions of dollars. The path to access capital has many … [More]
The Underdog Effect: 5 Ways to Overcome and Win
by Darren LaCroix
What’s your favorite underdog story? Why did you root for them? Whether it is a small company up against a big company or dynasty sports team against the Bad News Bears, you know the stories. You’ve probably seen countless times in every sports history, from the Pirates defeating the Yankees in 1960 to the 1980 USA Olympic Hockey team. Hollywood even makes movies about the … [More]
5 Tips on How to Stay in the Spotlight at Work
by Phil Cord
For many people, trying to be successful at work feels a lot like chasing the spotlight. However, sometimes even if you’re doing your best to add value to your organization and contribute to its growth, you might find it challenging to step into the spotlight and stand out from the crowd. Fortunately, there are different ways to help you build up your confidence to achieve … [More]
Could You Give Your Staff This ‘Work Anywhere’ Freedom?
inbusinessPHX.com
Bosses in the East Valley are being asked if they can give their staff freedom to genuinely work anywhere, any time – including in another country. It’s after AirBnB’s boss set five remote work rules that apply to all its staff. They now have huge freedom to choose exactly where they work. “These rules are simple and very attractive for their staff. But I’m not sure how easy … [More]
How to Turn the Great Resignation into a Great Employee Retention Strategy
inbusinessPHX.com
Given the huge numbers of workers who have left their companies during the Great Resignation, employee retention strategies arguably never have been more important. When high-quality workers exit, it’s costly for companies to replace them. And high turnover is exacerbated when there’s a dropoff in talent and productivity. That could happen during the interim interviewing … [More]
How to Develop Better Discipline That Sets the Tone for Success
inbusinessPHX.com
What sets highly successful people apart from others? Searching the internet for the secret sauce results in many characteristics and theories. But a man who’s spent 50 years as an accomplished CEO and mentored leaders across numerous industries believes the common denominator is discipline. “All the leaders I know are highly disciplined,” says Warren Rustand, the … [More]
New Studies Examine Digital Consumption Habits of Multicultural and LGBTQ+ Audiences
inbusinessPHX.com
My Code, the largest multicultural digital media platform in the United States that enables brands, agencies, publishers and storytellers to decode and connect with multifaceted and diverse audiences, today released two annual studies, the Multicultural Consumer Fact Pack and the LGBTQ+ Consumer Fact Pack. These Fact Packs offer insight into the nuances, attitudes, and … [More]
Tax Refunds Are a Time for Wise Financial Moves
inbusinessPHX.com
If you just received or are expecting a substantial tax refund, the temptation to indulge yourself with some extravagant purchases could be great. But before you do, take a breath and think things over, says Rob Cordasco, a CPA and author of A Framework for Growth: Smart Financial and Tax Planning Strategies Throughout the Entrepreneurial Life Cycle. That deposit the IRS … [More]
4 in 10 U.S. Workers Considering a Job Change in the Second Half of 2022
inbusinessPHX.com
Staff turnover will continue to trouble employers, new research from talent solutions and business consulting firm Robert Half shows. According to the company’s biannual Job Optimism Survey of more than 2,400 workers in the U.S., 41% of respondents said they are currently looking or plan to look for a new role in the second half of 2022. Results remain steady from six months … [More]
What Nonprofits Can Do to Gear Up for Tough Economic Times
inbusinessPHX.com
As concerns rise that the nation could be headed for a recession, leaders of nonprofit organizations may find out just how well they can weather the misery brought about by an economic storm. When the economy goes sour, the demand will become even greater for the services those nonprofits provide. “The people who are hit the hardest by tough times are always those with … [More]
