What’s Fair?

What’s Fair?

Nobody in their right mind will tell you that they have a self righteous belief system, right?

 

OK, to be fair, you might be able to count on one hand the arrogant and self righteous people that you actually know. But remember this is your opinion… do you really think deep down in their core this is who they are?

 

NO WAY…

 

Because if it were YES you woud be discounting the affect that surroundings have on attitudes. Of which nobody, including YOU, is immune.

 

We can all agree that the most popular self righteous behavior is Entitlement… the belief that our privileges are actually our rights. When we don’t receive what we feel is rightfully ours we throw a fit or in most cases make excuses and blame others for it. With Entitlement comes confusion because we are unable to separate the difference between a privilege and a right.

 

Remembetr, we get what we deserve. Just because we have expectations we’re not necessarily entitled to them. You didn’t invent our plumbing system… Did you? If it breaks down believe me you would be pretty ticked off and might even blame someone else. But out of necessity you would eventually find a solution.

 

Make no mistake our values and beliefs about all things shape what we view as a right or a privilege. The problem resides in the fact that we are looking for FAIRNESS.

 

Here’s a little secret… Fairness Doesn’t Exist!

 

What you receive in life boils down to how hard you work, how smart you are, how lucky you are, how you treat others and who you know.

 

Just because someone else enjoys a privilege it doesn’t give you the right to that same privilege. Comparison ends up fueling Entitlement, and Entitlement takes away the joy of receiving a gift or a favor.

 

Minimum Entitlement creates Maximum Joy.

 

As Benjamin Franklin once said, “… in this world nothing can be said to be certain, except death and taxes.”

 

To Create Maximum Joy in Life...

– Live Healthy To Prolong the Inevitable

– Prosper by Learning How to Pay the Minimum in Taxes

 

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5 Steps To Mastering Your Finances And Elevating Your Business… (video/audio)

5 Steps To Mastering Your Finances And Elevating Your Business… (video/audio)

Download Audio

 

WE ALL HAVE A STORY…

We can use that story to fuels us or throttle us down!

 

GET A TEAM LIKE THE MULTI-MILLIONAIRES AND BILLIONAIRES

Our Family Office Approach

 

WHERE IS THE AVERAGE BUSINESS OWNER GOING WRONG?

1) Focus

Thoughts – Words – Actions

 

2) Know Your Numbers

35% Of Our Money Pays Interest

24% Of Our Money Pay Taxes

59% Gone Before We Get To Spend Money On Oursleves

 

Business & Personal

 

3) Not all Debt is bad Debt

Debt That Steals Your Income

Versus

Debt That Creates Income

 

4) Sales Cures All

 

5 STEPS TO WEALTH

1) What gets Measured Gets Done

2) Start with the End in Mind

3) Work Backwards

4) Actionable Increments

5) Self-to-Self Measurement

 

IMPLEMENTING THE 5 STEPS TO WEALTH

1) What gets Measured Gets Done

Debt

Revenue

Expenses

Savings

 

2) Start with the End in Mind

Debt

Revenue

Expenses

Savings

 

3) Work Backwards

Debt

Revenue

Expenses

Savings

Quarterly

Monthly

Weekly

Daily

4) Actionable Increments

Debt

Revenue

Expenses

Savings

 

5) Self-to-Self Measurement

Debt

Revenue

Savings

 

WHAT DOES OUR COMPANY DO FOR YOU

Accounting & Tax You’re Already Paying for Accounting Services. Why Not Get a CFO For What You’re Already Paying?

• Tax Services…

• Tax Preparation

• Tax Planning

• IRS Representation

• Sales Tax Services

• Payroll

• Financial Forecasts & Projections

 

Tax Credit & Merchant Services Over 90% Of Businesses Are Not Utilizing The Thousands of Dollars of Tax Credits Available to them

• ​Workers Opportunity Tax Credit

• ​​Commercial Real Estate Cost Segmentation

• Merchant Services Audit

• Merchant Services

 

Advanced Tax & Financial Planning

The Ultra Wealth Have Financial Professionals Combing Through the 75,000 Page Tax Code To Maximize Their Finances.

Advance Business Structures

• LLC

• S CORP

• C CORP

• Both?

Create Tax Efficiencies

• Qualified Accounts

• Cash Value Plans

• SERP

• Key Man

• Executive Rental Agreements

• Captive Insurance

Wealth Building

• Financial Projections

• Self-Directed IRA

• Portfolio Maximization

Legacy

• Business Succession

• Family Succession

 

Business Financing

Banks love to loan money to businesses

• Mergers & Acquisition

• Mezzanine Financing

• Bank Financing

• Private Equity

 

Business Consulting Our business consulting methodologies decrease costs by 3% or more & increase revenue by 20% or more!

Profit Consulting

1 – Goal Setting

• Define KPIs

• Define costs breakdowns as a % of revenue

2 – Measuring

• Define Intervals

3 – Action Plan

• Define Process

 

Sales & Revenue – Business Optimization Strategies

  1. Messaging

  2. Lead Generation

  3. Sales Funnel

  4. Marketing Funnel

  5. Conversions

  6. Maximizing Sales Engagements

  7. Content Education Communication

  8. Power Numbers – More $ / Transaction

  9. Cross Selling Opportunities

  10. Continuity

  11. Ascension Ladder

  12. Client Retention

  13. Referral

Dominate What You Do!

 

Matt Linklater

 
 

▶︎▶︎▶︎Download the Podcast here: https://www.linkbizsolutions.blog/pod

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https://www.linkbizsolutions.com/​

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This Waitress Changed This and Got Rid of Her Disease

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Contact

Phone

Tel: 312-330-5094

Email

Todd@LinkBizSolutions.com

5 Steps To Mastering Your Finances And Elevating Your Business… (video/audio)

5 Steps To Mastering Your Finances And Elevating Your Business… (video/audio)

Download Audio

 

WE ALL HAVE A STORY…

We can use that story to fuels us or throttle us down!

 

GET A TEAM LIKE THE MULTI-MILLIONAIRES AND BILLIONAIRES

Our Family Office Approach

 

WHERE IS THE AVERAGE BUSINESS OWNER GOING WRONG?

1) Focus

Thoughts – Words – Actions

 

2) Know Your Numbers

35% Of Our Money Pays Interest

24% Of Our Money Pay Taxes

59% Gone Before We Get To Spend Money On Oursleves

 

Business & Personal

 

3) Not all Debt is bad Debt

Debt That Steals Your Income

Versus

Debt That Creates Income

 

4) Sales Cures All

 

5 STEPS TO WEALTH

1) What gets Measured Gets Done

2) Start with the End in Mind

3) Work Backwards

4) Actionable Increments

5) Self-to-Self Measurement

 

IMPLEMENTING THE 5 STEPS TO WEALTH

1) What gets Measured Gets Done

Debt

Revenue

Expenses

Savings

 

2) Start with the End in Mind

Debt

Revenue

Expenses

Savings

 

3) Work Backwards

Debt

Revenue

Expenses

Savings

Quarterly

Monthly

Weekly

Daily

4) Actionable Increments

Debt

Revenue

Expenses

Savings

 

5) Self-to-Self Measurement

Debt

Revenue

Savings

 

WHAT DOES OUR COMPANY DO FOR YOU

Accounting & Tax You’re Already Paying for Accounting Services. Why Not Get a CFO For What You’re Already Paying?

• Tax Services…

• Tax Preparation

• Tax Planning

• IRS Representation

• Sales Tax Services

• Payroll

• Financial Forecasts & Projections

 

Tax Credit & Merchant Services Over 90% Of Businesses Are Not Utilizing The Thousands of Dollars of Tax Credits Available to them

• ​Workers Opportunity Tax Credit

• ​​Commercial Real Estate Cost Segmentation

• Merchant Services Audit

• Merchant Services

 

Advanced Tax & Financial Planning

The Ultra Wealth Have Financial Professionals Combing Through the 75,000 Page Tax Code To Maximize Their Finances.

Advance Business Structures

• LLC

• S CORP

• C CORP

• Both?

Create Tax Efficiencies

• Qualified Accounts

• Cash Value Plans

• SERP

• Key Man

• Executive Rental Agreements

• Captive Insurance

Wealth Building

• Financial Projections

• Self-Directed IRA

• Portfolio Maximization

Legacy

• Business Succession

• Family Succession

 

Business Financing

Banks love to loan money to businesses

• Mergers & Acquisition

• Mezzanine Financing

• Bank Financing

• Private Equity

 

Business Consulting Our business consulting methodologies decrease costs by 3% or more & increase revenue by 20% or more!

Profit Consulting

1 – Goal Setting

• Define KPIs

• Define costs breakdowns as a % of revenue

2 – Measuring

• Define Intervals

3 – Action Plan

• Define Process

 

Sales & Revenue – Business Optimization Strategies

  1. Messaging

  2. Lead Generation

  3. Sales Funnel

  4. Marketing Funnel

  5. Conversions

  6. Maximizing Sales Engagements

  7. Content Education Communication

  8. Power Numbers – More $ / Transaction

  9. Cross Selling Opportunities

  10. Continuity

  11. Ascension Ladder

  12. Client Retention

  13. Referral

Dominate What You Do!

 

Matt Linklater

 
 

▶︎▶︎▶︎Download the Podcast here: https://www.linkbizsolutions.blog/pod

▶︎▶︎▶︎FOLLOW ME ON:

★ INSTA → https://www.instagram.com/thelinklater/

▶︎▶︎▶︎ADD ME: https://twitter.com/thelinklater

Facebook: https://www.facebook.com/thelinklater

Websites: https://www.linkbizsolutions.blog/

https://www.linkbizsolutions.com/​

Recent Posts

This Waitress Changed This and Got Rid of Her Disease

The other night my wife and I were out to dinner and as we were ordering we got the new age customary question, “Do you have any allergies?”  I inserted my normal dad jokes about allergies and EpiPen’s.  As most Dad jokes they’re only funny to me and besides the humor...

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Contact

Phone

Tel: 312-330-5094

Email

Todd@LinkBizSolutions.com

When We Dogpile It Will Be Worth It!

When We Dogpile It Will Be Worth It!

Do you have a Two Way Feedback System in place that supports a Growth Mindset?

 

Better yet…

 

Does your Financial Team have one?

 

If you’re like most Entrepreneurs you have a Growth Mindset and you understand the value that two minds collaborating together creates. But I’m willing to bet the farm that your Financial Team has nowhere near your mindset and communication skills.

 

And hey… It’s ok if you’re not a numbers person.

 

Just because they are doesn’t give them the excuse to not participate in driving the business forward. Sure there’s some value in reconciling your books in the past and preparing them in the present, but who’s projecting and planning for the future. You owe it to yourself and the business to surround yourself with people who are going to challenge you and drive your business forward.

 

Benefits of having a Financial Team that communicates and has a Growth Mindset…

  • Delivers real time and in time accounting – “No excuses”

  • Believes in a two way feedback system

  • Delivers on time and is not afraid to work around the clock

  • Asks the right questions & listens

  • Not afraid to have uncomfortable conversations

  • Concerned with the best solutions for the Business – “One size doesn’t fit all”

  • Constantly collaborates internally and externally

  • Checks their ego at the door

  • Are active participants in your business during all seasons

  • Supports and promotes consistent and reliable growth –“Your either growing or dying”

  • Delivers forward looking tax strategies to reduce taxes

To ensure that your Entrepreneurial Mindset permeates within the financial walls of the business you should actually have two teams or two people that work in unison to drive the finances of the business…

 

1. One Team works in real time side by side monitoring and driving the daily and weekly activity. Short Term Returns is what keeps businesses alive by providing a steady cash flow.

 

2. The Second Team focuses on the overall trends in your business and compares it to others across your particular industry. Preparing For and Investing in the Future to ensure the lifespan and alternative sources of future cash flow in the business.

 

A yin and yang, two team approach collaborates and feeds off one another to deliver consistent and reliable results that are tax efficient and will allow you to sleep tonight and every night after.

 

Get your popcorn ready… because it’s quite entertaining to watch these two teams fight it out… but in the end you and your business wins!

 

Two Teams One Dream!

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Phone

Tel: 312-330-5094

Email

Todd@LinkBizSolutions.com

Do Inverted Yield Curves Predict Recessions?

Do Inverted Yield Curves Predict Recessions?

From August 24th, 2018…

Markets

  • Dow Jones Industrial Average 25,790.35 – Up 4.3% Year to Date

  • S&P 500 2,874.69 – Up 7.5% Year to Date (A new Closing High)

  • S&P 400 Mid-cap 2035.10 – Up 7.1% Year to Date

  • S&P 600 Small Cap 1091.55 – Up 16.6% Year to Date

Federal Reserve

  • Federal Reserve Chairman Jerome Powell noted today

    • Inflation is at the Fed’s 2% target

    • No signs that it will continue to accelerate

    • Market/Economy not likely to overheat based on current conditions

  • Interest Rates

    • Already had 2 interest rate increases this year ¼ point each time

    • 2 more rate increases expected before the end of the year

  • Employment

    • US Unemployment rate at 3.9% which is close to an 18-year low

    • Minutes from last Federal Open Market Committee showed officials believe wages are poised to rise

Trade Wars

  • New 25% tariffs added last night (Thursday at Midnight) on $16 billion of Chinese goods

  • China responded with new tariffs of equal value on US products

  • Latest rounds of talks ended this week with no agreement

    • President Trump noted no breakthrough expected as the talks were between lower level officials then past discussions

  • Chinese yuan has fallen sharply against the dollar during this period

  • China’s main stock market, the Shanghai Composite is currently in a bear market as a direct result of the trade war

  • While US stocks are currently hitting new highs, we do not anticipate this can go on permanently with an ongoing trade war

    • However, as we discussed in the early spring, the US economy is more balanced and less dependent on exports and thus better positioned for a protracted trade war

Nine Years of US Economic Expansion is now the second longest in history

  • To become the longest expansion needs to last through June 2019

  • Longest period was March 1991 to March 2001

4% GDP Growth

  • U.S. Economy grew by 4.1% in the 2nd Quarter 2018

    • The fastest economic expansion in 4 years

  • Atlanta Fed predicts 5% growth in the 3rd Quarter of 2018

    • Congressional Budget Office is less optimistic and project 3.1% for Q3 2018

  • Since 1947 Quarterly GDP growth of 4% or higher has occurred 105 times

    • Only 27 of those since 1990

First, with ongoing interest rate increases I would not look at or consider short term bonds at all. The short end of the yield curve is where the Federal Reserve has the most control, and they have signaled that rate increase will continue. Specifically, with 2 more projected for this year.

 

While, an inverted yield curve has been an indicator in the past of increased volatility, increased volatility is not necessarily linked to market declines. Looking at the current market the fundamental factors that seem to be supporting the rally over the last 18 months seem to be more in line with policy decisions out of Washington including a lower tax environment for both corporations and individuals along with a significant reduction in regulations.

 

I am under the belief that those have not been fully realized by business and should

continue to provide growth in profits going forward. On the subject of Washington policy, we cannot ignore the ongoing discussions of a trade war.

 

The renegotiation of NAFTA with Mexico was a significant step in improving US trade agreements. We have seen much of the commentary on this agreement focused on where this deal leaves Canada (I believe Canada will come around and agree to join the US/Mexico deal or sign their own bilateral agreement shortly) but what the commentary

has missed or failed to discuss in significant detail is the requirement for higher US or

 

Mexican made components in cars that enter the US from Mexico duty free. This step while benefiting US and Mexican workers is a sizable setback for China. China was dealing with a slowing economy before the tariffs started and has only seen slowdown continue as the tariffs continue. As the pressure directly from the US and indirectly from bilateral agreements with other countries, our belief is China will be forced to make concessions in their US trade agreement.

Lewis Leflar, JD

Managing Director – Water Tower Wealth Management

Attorney – Sullivan Estate Law

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Condition Yourself to Great Rituals to Live Your Vision

Life is About Conditioning Yourself To Great Rituals...   Every day is a fight against doing what is easy versus doing what is hard.   Bad Habits are hard to break!   Good habits are hard to start and keep!   Your ability to condition yourself to good habits show up...

Contact

Phone

Tel: 312-330-5094

Email

Todd@LinkBizSolutions.com