Month: March 2011
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King Solomon’s New Proverb: You Get What You Pay For
Far be it from us to demonstrate the unmitigated gall to presume to update one of King Solomon’s Proverbs – oh, what the heck, we’ll go ahead and do it. The problem is not that his ideas are outdated but rather that language has changed so much, and the attention span of the average American…
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A Responsible Man in the Land of Irresponsibility
America may be the land of opportunity but it has disintegrated into the land of irresponsibility as well, which wouldn’t have sat well with King Solomon or God, for that matter. Too many of us want to get rich quick while medicating ourselves into oblivion, supporting hideously bad behavior on reality television, and poisoning our…
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The Four Pillars of a Micropreneur
The path of a micropreneur is one with unique attributes and challenges. With a business that you operate yourself, it may seem that resources for accomplishing your goals are severely limited. However, it is quite possible to leverage business relationships so that you are able to take advantage of vast resources and knowledge. By operating…
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Three Strikes and You’re Not Out
One of the most frequent objections that people pose in response to information about investment or entrepreneurship is the scars of past failures. Sometimes there is dreadful credit history, or a past rental property experience with a particularly bad tenant. In other cases, people have a fundamental belief that success is something that they do…
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Meet the Masters of Income Property Investing – One Weekend to Financial Independence
Sitting in the audience at the recent Meet the Masters of Income Property Investing impressed upon us once again the life-changing potential of this twice-yearly, three-day event. Sure we host the thing and, yes, we make money on it – enough to cover expenses and then a little – but more than a capitalistic endeavor,…
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Unemployment Predictions for 2011 Not Good News For America
a href=”https://solomonsuccess.com/wp-content/uploads/sites/12/4423185450_f8469ab77b_m1.jpg”>Employment is one of the fundamental factors of economic growth that represent the most frequently used yardstick for measuring recoveries. In discussion of employment, there are two distinctly different categories of unemployment that must be understood. The first is the ‘narrow’ definition that compares the people who are unemployed and looking for work against…
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Austin, Texas, 11.5% Profit Would Make Solomon Proud
Austin experienced a moderate value contraction after the financial collapse, but is now regressing back toward its long-term trend of modest single digit appreciation. The economic fundamentals of Austin continue to be strong as it moves into 2011. Currently, approximately 37% of listings in Austin are from foreclosures.
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Floating Away the National Debt
One of the things that people frequently puzzle over is how the US can ever satisfy its massive national debt. The figures frequently seem so large that they are beyond the comprehension of most people. Most analysts predict tax increases or spending decreases as a way to offset accumulated deficits in the future. Analysis of…
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Zero to Success
Most of traditional financial literature is dedicated toward methods of investing that can be used to preserve wealth and generate returns on your investment. In most cases, these are laudable goals that command the attention of both new and veteran investors. However, there is a fundamental question that is frequently unanswered by such strategies and…
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Design Your Income
Most of us are familiar with the notion of income and expenses, gross and net, profit and loss. These terms frequently work themselves into conversations about our financial wellbeing when we describe our income as X or our ‘take home’ as Y. However, there is a somewhat more complex understanding that makes income and expenditures…