What NFL Receivers Can Teach Us About the Importance of Focus

Drop ballFocus is critical to the accomplishment of any task we set our mind to.  The problem is that so few of us these days can seem to stay focused for long.  We can’t even watch a television show all the way through without surfing channels to see what else is on.  Our whole culture seems to be afflicted with ADD.  The problem exists in our businesses too.  We often hop from idea to idea and from product to product.

A longtime business friend of mine sends me a motivational or leadership book every Christmas.   This year the book was “EntreLeadership” by Dave Ramsey.  The sub-title of the book is “20 Years of Practical Business Wisdom from the Trenches”.  This is going to be a great read based upon the page I randomly opened the book to.  In that section of the book, Dave Ramsey was writing about the importance of focus.

He related how standing on the sidelines at an NFL rookie camp impressed upon him the speed and violence of the game and the “physical intelligence” of the players.   “Those men can do things with their bodies and a football in a nonosecond that blows your mind.”  He asked a veteran receiver “How is it that you get paid ten million dollars a year to do one thing, catch a football, and then sometimes you drop it?”

The player answered that if the ball is thrown correctly there is only one reason that the ball would not be caught: loss of focus.  He said that there are two main reasons receivers lose focus:  fear and greed.  Continue reading What NFL Receivers Can Teach Us About the Importance of Focus

I Escaped the Ratrace and Gave My Briefcase to the Cat

Cat sleeping in my briefcaseWhen I got my first management job, my wife gave me a briefcase.  It was the biggest one Samsonite made at the time, and I liked it because I could bring work home from the office every day.  That briefcase went along with me on business trips overseas, to corporate headquarters and other regional offices in the U.S. and to meetings with clients.  It was handy for popping into the overhead on the airplane, and I could retrieve it during the flight so I could work.

I was a workaholic, leaving for work early and returning late.  I even enjoyed going to the office on some weekends because I could get more done.  Not being paid for the extra work wasn’t an issue with me.  I was never a 9:00 – 5:00 guy.

The promotions kept coming, and I had less and less family time.  My unused paid vacation time began to mount up.

Gradually I came to to realize how my job had taken over my life.  I had money, but no time to enjoy it or to spend with my growing family.  The companies I worked for controlled my time and my income.  Sometimes I was knocking myself out while others in similar positions were paid exactly the same while putting in minimal effort.  Frequently, I wondered if my superiors even knew what I did, and I felt more like a number than an individual.  I began to be dissatisfied and my briefcase got heavier and heavier.

It seemed to me that I had stepped onto a conveyor belt when I graduated from high school, carrying me through college and into the rat race while the years flew by.  Worst of all, despite all of the heroic mission statements of the companies I worked for as Operations Manager, General Manager, Regional Manager, and Managing Director, I didn’t feel like my efforts had added any true value to others’ lives.  At heart, we had been profit-driven, not purpose-driven.  Continue reading I Escaped the Ratrace and Gave My Briefcase to the Cat

Convert Before It’s Too Late!

Sign says The End is Near.I’m not talking about a religious conversion here, but about converting ordinary, everyday expenses to business expenses for savings on your income taxes.

The surest way to reduce your taxes is to convert personal expenditures into allowable deductions.

A network marketing or other type of home-based business allows you to convert a portion of your everyday expenses to legitimate business deductions.  Network marketing is a great home based business that takes little investment to get going.

Another tax year has come and gone.  With the specter of rising taxes and food prices don’t let another year slip by without taking advantage of the benefits of having your own home business.

Inflation is expected to hit food hard this year, particularly meat, many fruits, veggies, cereal, and dairy products.

Gasoline, heating oil, natural gas, and electricity costs are soaring.

Operating a home-based business is a useful and lawful way to reduce the income taxes you pay and retain more of your hard-earned income.   Keeping more of your money is critically important to meet the rising cost of everyday living expenses. 

This is no time to be paying more income tax than is required by law.  Even if you can only save a few thousand dollars, it is foolish to ignore it.

(I am not an accountant nor am I giving you tax advice)

As a self-employed individual or business owner, you are allowed a laundry list of tax deductions.  These are expenses that are necessary and relevant to your business.   Here is a list of tax deductions to consider.

Computers, Software, and Supplies, Research Materials, Phone, Cell Phone, Mileage and Travel Expenses, Utilities, Home Office Expenses, Equipment, Supplies, Health Insurance Costs, Insurance, Internet Service, Printer, Copier, Maintenance and Repairs,  Upkeep, Advertising and Marketing, Office Furniture, Dues, Memberships, and Subscriptions, Business Licenses, Search Engine Optimization, Tradeshows, Booths, Business Cards, Flyers, Education & Training, Workshops and Seminars, Printing, Postage, Letterhead, Office Supplies, and Wages Paid.  Continue reading Convert Before It’s Too Late!