|
Yesterday's message left me with Merri in the
kitchen making healthy fudge. You can see how well we feed
our guests in the attached
pictures.
There is a valuable business idea that came from
that kitchen as well
as food.
This business idea is that one of the greatest
pleasures in having your own business is getting to do everything
together with your
spouse!
A recent article in the Naples Daily News “Double Teams” by
Linda
Gordon reminded me that one of the most fulfilling ways to have
your
own small business also makes enormously good business sense.
One of the hardest parts of running a small business
is to find good
help and partners that you can trust who will stick with you through
think and thin-good times and bad.
This article was about couples working together.
The focus was that
couples who work together enjoy several benefits: Lots of common
interests, lots to talk about and they share triumphs and
disappointments.
There was an explanation that creating a clear
division of responsibilities was vital. A report “Husbands,
Wives and Business”
provided by New York Insurance confirms this.
Couples who work together in a business need to
create barriers and
not bring every detail of work home. Time off is important for
them. They need to both love business and share the same values
but
it helps if they have differing complimentary skills.
What the article misses is that couples who can
combine their skills
get one of the most valued assets any business can have, trusted
partners.
Take it from me. Merri and I have worked together
7/24/365 for over
twenty years. If you have someone who can be your partner in this
way, think about having your own small business.
There is one other benefit that is almost too
valuable to describe. The benefits for the kids. We have been incredibly
blessed to have
five children who not only enjoy good health, but live fulfilling,
productive lives. Each is following a dream that is wonderful to
see.
They are independent and self directed. No problems with booze
or
drugs. We all get along and though the family is separated by
thousands of miles (they are in Florida, Georgia, Oregon and England)
we stay continually in touch and our relationships are filled with
respect and love.
Surviving the stress of keeping up financially in today’s
pressure
cooker environment and raising a family is not such an easy task.
TV
misdirects and along with computer games speeds up the process
of
absorbing information to such a degree that the schools then have
to
give the kids what is now called vitamin R (Ritalin) to slow them
down. The government runs interference in important decisions and
big
business continually pounds at leading the children down addictive,
imbalanced paths.
Parents have a heck of a job keeping control and
I believe one reason
we were so lucky with our kids is that they helped in the business
when they were young. They loved having goals, learning, having
increased responsibility and earning a few bucks. The lessons they
gained have helped them in their later life as well, plus it kept
them busy in positive ways. Enough said.
Having your own business can bring you freedom,
security and a happier family. There are few better ways to create
everlasting wealth.
Find out about our next Import
Export Expedition. Plan to attend and learn ways to
have their own international business.
The investment tip today
is beware. On February
28 we warned that the
bull and bear charts we track suggest it is time to reduce the
US
equity weighting.
We also looked at the economic cycle which suggests
that cash (and
short term bonds) will be king for awhile!
Now Marc Faber (whom I respect a lot) writes:
"One month ago, I pointed out that investors
were euphoric about
buying everything. The same still applies as of today. Equity
investors, commodity traders, property investors, art buyers and
even
bond fund managers are all bullish about the one or the other asset
class. From figure 1, we can see that mutual fund cash positions
in
the US have declined to a record low and that such low readings
have,
in the past, preceded serious market corrections or bear markets."
You can read his entire warning.
This is why you may want to join Merri, Thomas
Fischer of Jyske Bank
and me at our next International
Business and Investing Made EZ course in North Carolina. Review
where to invest and
do business now and learn which markets and currencies may be strong
in the year ahead. DETAILS
The weekend is coming. Enjoy it! Yatchak Don Carlos
(see picture below) is arriving at the hotel today with some friends
from France.
When he arrives we never know what will happen. I'm heading for
the
kitchen now to have a bit of the health fudge (we shared the recipe
in Wednesday's message). And maybe some health pie...but that is
another time and another story that we'll share next week. Until
then, good
health, investing, business and wealth to you!
Gary
The pictures attached were sent by a delegate
at our last course and
shows the care we provide you.
First observe the incredible safety standards arranged by our new
bus
driver. Pictures two through
four shows El Meson (our new home and where you'll stay during
our
March and April Expeditions).
Pictures five through seven see delegates enjoying
a birthday celebration during our last course.
Picture eight is of Taiti Yatchak Don Carlos performing
a ceremony for us all at the course.
Picture nine. Merri and I stop on our way to Chachimbiro Thermal
spas
to see a clear view of Mount Cayambe.
PICTURES
|
