#compumatrix

Building Businesses With Assistance

ENTITY STRUCTURING

Over the years, we have often heard: “I want you to use the funds from here to go out and build businesses with” Henry James Banayat.

An opportunity fell into our hands recently to assist to building a business. This is exactly what Mr Banayat referred to during his presentations (my interpretation). The first step in our process, and the purpose of this post, was to reach out…

True Meaning of Diversification

TRUE DIVERSIFICATION

We would rather give ourselves into chance rather than plan for the possibility of failure. I say this with the thought in front of my mind regarding our dependence on what we have been led to as “safety”. Are we truly safe?

My reference is to Financial Diversification of Income. We have been so ingrained to thinking we have to fully focus on the job (or career) that we are…

Can Only Buy It Once

BUY IT ONCE

When I was young, we had more than enough. However, we learned the value of something because we didn’t have the money to buy something more than once!

We were traveling across country heading to another assignment. We had some things in the car to play with for the long journey. One of these toys was a wooden box with holes that you had to weave a marble around trying to get it thru…

Income Diversification With Virtual Currency

EARNINGS FROM…

I just read an article in ENTREPRENEUR Magazine called EARNINGS FROM EVERYWHERE by Steph Wagner. The rest of the title was: ARE YOU DIVERSIFYING YOUR INCOME? YOU’D BETTER START. Those of you reading this are probably “in the know” or soon will be regarding the need to diversify your income. The question is: Do you have all your eggs in one basket?

In the article, the author wrote…

When the Shark Stops Swimming…

SHARKS SWIM 24/7

There are some sharks that can rest because they do not need constant motion to get oxygen out of the water for their survival. Most sharks however, need to keep swimming. For them, the story goes: when the shark stops swimming, they die! (There are some caves in the Caribbean that have a current that allows the shark to rest and let the current bring the oxygen rich waters…

All He Wanted Was a Fish

ONE FISHING ROD $56,000.00

Did I tell you about the guy that wanted a special fishing rod? It may have been special but I think this guy got “took”!

At the end of the day, the sales department was having their sales report meeting. After the sales manager was finished, he brought their newest salesman to the front of the room. He introduced him telling the other salesmen they needed to hear his…

RETIREMENT OPTIONS

Sometimes we think we have to get in a line, fill out the form and wait to talk to someone that will tell us what we need to do next. I gave all that up when I left New York. In New York, when you see a line forming, you automatically get in it. If you were there at the time it was forming, you probably needed to get in it!

This is the way I see Retirement Plans. If you work…

The Future Value of Bitcoin

WHAT WILL YOU DO WITH YOUR FINANCES

Isn’t life just a game of chance? We are all in this enormous gamble between life and money. Before retirement plans, people either worked until they died or when they could no longer work, other family members would take care of them.

I was thinking about a song and the idea popped in my mind: “days of future past”. I didn’t know why this jumped out at me but…