Armando Montelongo Shows How it’s Done

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It is not everyday that a successful entrepreneur puts time into helping others, to teach them how to realise their goals as they have done. Success is often jealously guarded, but this is not the case with renowned property investor Armando Montelongo. Armando is only too willing to reach out to help others realise their dreams. In fact, the education branch of his company is one of the fastest growing entrepreneurial companies in America.

The difference in Armando’s approach in helping others learn how successful property investing is reached is found in his own past experiences. Armando Montelongo never had it easy. In fact he was flat broke and living rough when he first embarked on his amazing rise to the top of real estate investing. But he did find the secret to success, and he did it in just five years.

Armando completed 40 real estate renovation flips a month on his way up and has experienced success where many others have failed. He is now willing to relate to others how he rose to prominence in such a short time and that is what is motivating his present mega millionaire grand tour of America.

In his attempt to teach others how to successfully invest in real estate, Armando has created a revolution in the adult education industry. This is mainly because of the structure of his educational training practices with their unique style of having his students at the top of his structure and himself at the bottom. This structure is often regarded as an inverted pyramid.

It is a system that works as it sees many people without any previous real estate or business experience reach their goals, just as Armando Montelongo has.

Pros and Cons of Starting a Business in Kazakhstan

Kazakhstan political map 2000

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Starting a business in any foreign country will be challenging, due to different laws and customs. As with any business, the key is to have a solid business plan that is suitable to your area of specialty. Here are some pros and cons of starting a business in Kazakhstan.

  • Pro – Lower Income and Corporate Tax

According to a 2011 report produced by the Heritage Foundation and The Wall Street Journal, Kazakhstan’s flat income tax rate is 10 percent and corporate tax rate is 20 percent. These tax rates are lower than the average income and corporate tax in nearby European Union states. In a 2010 article from Bloomberg Businessweek, the average income tax in the EU was 37.5 percent and the average corporate tax was 23.2 percent.

  • Con – Long and Costly Process

Entrepreneurs who wish to open a business in Kazakhstan will find the process more time-consuming and costly compared to the U.S. In the U.S., a person can start a business in one day. In Kazakhstan, however, it takes a minimum of 20 days to finalize a new business and many fees are involved. A complicated bureaucratic system in Kazakhstan democracy is the main reason for this long process.

  • Pro – Access to Asian and European Markets

Kazakhstan can be considered the link between Asia and Europe, since its borders reside on both continents. This provides the opportunity for business owners to have more reach into economically expanding countries, like China and Russia.

  • Con – Corruption

The 2010 Transparency International Corruption Perception Index ranked Kazakhstan the 105th most corrupt country out of 178 countries. This is obviously not a good sign for business owners, so carefully weighing the positives and negatives of doing business in Kazakhstan should be addressed.

 

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Startup Capital for Small Business

If you are looking to start a small business but are in need of some capital, you can always look into short-term loans to give your company the boost it needs to start.

Short-term loans take less paperwork than a bank loan. Instead of sitting in the bank and filling out what seems like years of paperwork, you can simply use an online application process that will take only a fraction of the time. This is an especially nice benefit for those who are starting a company on the side and do not have any time to spend waiting around at the bank when they could be at work or furthering their entrepreneur enterprise.

Even better, applicants get their answer and their money faster than they would with a bank. Some online personal loans will give you your application results within seconds, and will give you your funds the next business day. That means that if you find the starter kit perfect for your business adventure, you can buy it the next business day with your loan.

These loans are ideal for those who will have the money to afford these purchases after their paycheck comes in, but who need to spend the money now. By paying the loan back in as short as two weeks, applicants receive the best interest rate.

Starting a business and finding the affordable materials and equipment to make your business succeed can be a difficult and stressful process, but loan programs just for this make it possible for you to get what you need for your company.

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Startup Capital for Small Business

If you are looking to start a small business but are in need of some capital, you can always look into short-term loans to give your company the boost it needs to start.

Short-term loans take less paperwork than a bank loan. Instead of sitting in the bank and filling out what seems like years of paperwork, you can simply use an online application process that will take only a fraction of the time. This is an especially nice benefit for those who are starting a company on the side and do not have any time to spend waiting around at the bank when they could be at work or furthering their entrepreneur enterprise.

Even better, applicants get their answer and their money faster than they would with a bank. Some online personal loans will give you your application results within seconds, and will give you your funds the next business day. That means that if you find the starter kit perfect for your business adventure, you can buy it the next business day with your loan.

These loans are ideal for those who will have the money to afford these purchases after their paycheck comes in, but who need to spend the money now. By paying the loan back in as short as two weeks, applicants receive the best interest rate.

Starting a business and finding the affordable materials and equipment to make your business succeed can be a difficult and stressful process, but loan programs just for this make it possible for you to get what you need for your company.

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How to Save Money for Startup Companies

Starting a new company is an expensive business proposition. For those who have never started a company before, the costs of renting an office, paying employees, and meeting a shoestring budget can overshadow the excitement of starting a business. There are several ways to save money until your business starts generating the sort of capital you intend.

First, do not use your personal debit or credit card to make purchases for your startup company. Instead, place set amounts of money on a Visa prepaid credit card so that you never spend more money than you intend. Instead of racking up unintended debt, this card will stop you from making any further purchases.

Second, consider starting your company right out of your own home. Instead of paying rent, utilities, parking, etc. at off-site premises, starting your business out of your home will allow you to save a lot of money in the short-term until your business becomes profitable.

Third, do not hire any employees until you are sure you can meet a payroll. Many startups run on a shoestring budget for a while until they start generating a profit. If you are your only employee, it is fine not to pay yourself until you turn a profit. An employee you hire to work for you will be much less understanding if they don’t receive a check. In addition, employees often have families and expect medical, dental and life insurance. Do as much of the work as you can in your startup until you reach that point of profitability where you are comfortable hiring an employee.

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Food Trailer Business Goes Viral

Ice cream van 

Image by Henrico Prins via Flickr

Food trailers have always been around. Typically, we could buy tacos or hot dogs from them. If you count the ice cream truck, then we could get great sweets, too. Today, the food trailer business has gone viral. There are cities who have donned these mobile restaurants as their very own food culture.

The Charm of Food Trailers

There’s a certain charm about walking up to a food trailer to order you lunch. In some of the country’s more progressive cities, like Austin, there are whole city blocks dedicated to food trailers. People can choose anything from tacos to bar-b-que, and then they can step next door and order a cupcake. There are community dining benches, so everyone enjoys the food together. Most of these mobile businesses have creative, brightly colored trailers, and they exude a personality that makes them as popular as the food they sell.

There are also hopping businesses parked in club parking lots and other vibrant city night hot spots. As the late night revelers move about the street, they can get a quick bite to eat.

Will Corporations Kill the Food Trailer Business

Here’s the downside. Corporate fast food chains have caught on, and some of them are setting up food trailers. It will be up to the trailer lots and the small business community to decide whether they’ll let a big fast food chain destroy the charm of the food trailer business. Of course, there are always people who will go for the familiar, but this unique business model should be a calling for food adventure!

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Business Cards Are Still Thriving in the 21st Century

In the age of smartphones, Facebook and LinkedIn, do people really still use business cards? The answer is a resounding, ‘Yes’. Business cards are ranked as the number one networking tool.

Business meetings are the most common place to exchange business cards. And if you are doing business internationally, business cards are essential. But work situations aren’t the only place to use them. Having your business cards and sharing them at the right time opens up worlds of opportunities. They allow you to connect with people in social settings; parties, sporting events, etc. They are perfect to use anywhere you might meet someone you want to continue a relationship with, business or otherwise.

Image courtesy of Flickr

Business cards add legitimacy. You can make your one-person freelance firm look like a major corporation with the right business card. That said, you never get a second chance to make a first impression. Make the right choice and get your business card printing done from one of the best. Make the investment in quality business cards.

As we move forward into the digital age, business cards are evolving as well. You might be hard pressed to find business cards that still include street addresses and fax numbers. Most people are loading business cards with cell and voicemail numbers along with instant messaging, LinkedIn and Facebook addresses. Some of the more savvy have started to include bar codes and QR codes that can provide scores of extra information.

And don’t forget, no one ever won a free lunch by dropping their smart phone in a fishbowl.

Are You a Clever Entrepreneur?

HK TST Street performers 2 

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Today’s workforce continues to shrink, so you might need to start thinking about how to make a living without relying on someone else’s company. With a little self assessment and creativity, there’s a good chance you can work for yourself. If you’re a clever entrepreneur, you might even come up with a good business that doesn’t require much financing. If the overhead is low, then you can be your own successful boss.

What Kind of Entrepreneur Are You?

Forget about shops and storefronts. Think about things you can do from home or the backseat of your car. Actually, there are entrepreneurs all around us every day, and we don’t even notice. Think about people who detail cars, walk dogs, clean pools, clean houses, or deliver business messages or go to the grocery store for people. Those are some of the more recognizable small businesses. These folks are offering services that their customers don’t want to do for themselves.

There are also more creative entrepreneurs. There are songwriters who will write individualized songs for people, such as love songs or birthday songs. In fact, there are musicians who will play in the subway for tips, and some do quite well. That leads to creative people who are street performers. They are running their own small businesses.

How Do These Entrepreneurs Survive?

If you decide to go lean and make your living this way, you’ll need to go lean and reduce your spending. You’ll also need to save as much money as you can. It’s best to live by a strict budget. Like the big businesses, small businesses fall on hard time, too.

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Money Saving Tips for Startup Companies

When you are first starting a business, there are a number of ways that you can save money. This helps you have more funding to put where you need it to get things going.

One of the first things that you can do is find ways to keep things efficient when it comes to daily tasks. Your business files can be stored and retrieved electronically on your database and backed up on a portable hard drive. You can also send files through an internet faxing service such as Metrofax Internet Faxing. This reduces your costs of having to purchase file cabinets, file folders, paper, printer ink, and a fax machine.

You can also save money by choosing to start an online business. These types of businesses have much lower overhead than a brick and mortar location will, saving you quite a bit. You may have to rent some space to store inventory, but will not have as much expenditure. Another area to save is office furniture. You can often purchase nice furniture second hand at garage sales, thrift stores, and resale shops. This furniture is often gently used with only a few minor scratches or dents.

The other consideration is to start off small. You can focus your money better and are not overwhelmed by trying to get into too much too fast. Keep your priorities aligned and maybe start out with one product line to test the waters. This will keep your losses lower and help you to get off on the right foot.

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Is Freelance the Future?

NVJ Freelance discussie avond over de toekomst... 

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As the economy continues to stall and businesses downsize, more people are finding themselves with out a job. It may be time to re-think the way we work. Many organizations will happily pay a contractor to do what they would normally hire an employee to do. Why? The company doesn’t have to pay the freelance worker any benefits. The relationship is based on a contract that specifies what will be done and how much it will cost.

What Can You Do As a Freelancer?

There are actually many skills that can be offered via the freelance market. People most often think of writers, and this is still very true today. As the Internet takes over the marketing world, many people work as freelance writers to make the messages that sell products and services. However, there are freelance web designers, computer programmers, repairmen, consultants and many more professions. If you lose your job, you may want to sit down and decide whether you can market your best skills as an independent contractor.

Freelance is Hard Work

Even though you create your own hours and services, freelance work is very hard work. If you don’t work hard to find clients then you probably won’t find many. Once you do find customers, you’ll have to work fast, friendly and accurately to keep the work coming in. You also have to be good and save money as you make it because sometimes, the work will be inconsistent. Therefore good financial planning is very important with contract work.

If you figure out how to do it, it can be very rewarding work.

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