It’s important to protect your personal assets from any business risks. What I mean is if you get sued, what can they get?  Is it your business or is it your house? I suggest using an LLC for any business dealings.  You can get them setup quickly, easily, and for not much money.  I suggest

Read More


My wife gets upset with me sometimes because I am not a huge proponent of college.  I don’t tell our kids they have to go to college. My biggest goal for my children is that they have some sort of plan in mind to provide for themselves and become a productive member of society.  For

Read More


I did a posting the other day about how important it is to track your net worth.  I explained you use a spreadsheet and tally all your assets and all your liabilities.  Assets minus liabilities is your net worth. In that same video I mentioned about putting a car on the asset column.  I received

Read More


No matter what happens in life, people seem to think that so much is out of their control. Yes, there is luck in life and there is privilege in life.  But most people that make it have had better ideas, execution, or work ethic than their competition. The market does not care if you are

Read More


I think so often in life people care what strangers think about them. Do I care what my wife thinks?  Yes.  Do I care what my parents think?  Not really.  I care about their feelings and their well being.  But do I care if they think I’m crazy for a business choice I make?  No.

Read More


One of my businesses does a lot of shipping.  And most of the items shipped are less than 1 pound. If you are looking to ship items that are less than 1 pound, then you should highly consider shipping with US Mail First Class. Many people dislike the mail for any number of reasons.  I

Read More


Whenever I create new companies for new ideas and ventures, my go to move is to create a Delaware LLC. Why a Delaware LLC and not Illinois where I live? It is cheaper This is not a huge deal. But in business and life every penny counts.  If I can save $100 a year for

Read More