Tuesday, April 20, 2010
Mind My Own Business
Shouldn't I be satisfied with what I have? My health, family, job, car and a place to live. That should be enough right? Well that's not what society tells me. Society tells me that if I want to be able to make certain decisions regarding my health, family, job, car and place to live, then I should and must take action.
But what does that mean "take action"?
To me, it means I should and must take more personal responsibility for the hand that I was dealt in this life. I should and must look "outside of the box" that is my view of life. This is why I'm so heck bent on creating a Home Based Business of some sort that will allow my family and me a sense of security and freedom that the average employer can't offer me.
Yes there's a lot involved in creating and maintaining a Home Based Business, but therein lies due diligence. Where you have to say, "okay, I'm in control now and so I must make this work", "And if it fails, I have no one to blame but myself" - but we won't allow those negative thoughts to infiltrate and commandeer our goals.
So I intend to make it a point to become educated in the realm of creating a Home Based Business; learn from those who've made a go of it, ask for help when it's needed and network whenever possible.
If you find that you have some words of wisdom and or encouragement to share, then by all means, please do make note of it here on my blog.
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Tuesday, January 5, 2010
The Robert and Arella Bryant Family, LLC (website)
Well, I've got the Family LLC website up and running. Now I just need family members to log on, view and sign-up on the site itself.
http://www.tributellc.webs.com
We can make this happen! I just know it!!
Granted, it's a new and exciting venture; emotionally scary and financially risky. But we'll have to see it as an opportunity for our family to come together and prosper - for generations to come.
The website itself will be updated almost daily by me the administrator so family members will know exactly what's going on. And since there's a way to sign-up and sign-in to the site, family members can add, update and review information for themselves as well. Everyone stays informed.
Well...here's to the beginning of something new and prosperous for our family!
Monday, December 14, 2009
Family Investments (create a family legacy)
Our goal is to come together as a family unit and create a Limited Liability Corporation (LLC) that would benefit the current generation; and generations to come. The family LLC board members would decide and vote on various endeavors deemed feasible; real estate investments, individual business projects, scholarships, donations, etc. The possibilities could be endless.
For example:
Q: What if a family member was about to lose their home due to a foreclosure during this tough economy and/or a job loss?
A: The family LLC could step in and purchase the home under the family LLC umbrella to allow the family member to stay in the home.
The necessary cash reserve to fund endeavors would be a combination of deposits made regularly to a bank account opened under the established name of the family LLC; available for the members to view, but with restrictions of course. Most important - no withdrawals would be allowed within the first year in order to build the initial cash reserve. Advice and input from a family accountant, family lawyer or a family member holding a business degree would be greatly appreciated.
We truly believe that this will work "if" the family can see its way to come together and build something great under an umbrella of financial stability that would benefit everyone involved; for generations to come.
By all means, this idea is nothing new or groundbreaking. It's been done throughout the years. But..."our" family has never attempted such an endeavor. And that is what's so new and exciting about it for us.
If you and your family have had success with such an idea, please let us know. Perhaps we can build on some of your ideas and advice.
Here's to a better future for us all!
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Below are a few websites to view in the mean time:
http://www.score.org/ - advice from successful business advisors
http://www.llc.com/ - help to set up an LLC
http://www.irs.gov/ - keep up with tax laws