Month of October, 2007

I’m writing this just as I’m about to go visit an orphanage in Mexico that Maui Mastermind 2003 helped build. It’s also the orphanage that gave us our fantastic son David.

It seems that every time a government agency tries to make information more accessible, a scam playing off that new accessibility surfaces. The IRS is now warning that it’s “Where’s My Refund?” web tool has been co-opted into an Internet email scam.

During his lifetime, Andrew Carnegie was the world’s wealthiest person. When interviewed in his later life about what specific insights he had that allowed him to create and share such vast wealth Carnegie replied, “No man is smart enough to project his influences very far into the world without the friendly cooperation of other men.

While there is nothing wrong with single family houses (after all, they’ve made me millions of dollars) at a certain point in an investor’s career it is important that you learn the skills to step up and play in the game of BIG deals.

One of the biggest mistakes that investors and business owners make is not creating the contingency plans needed to make money no matter what happens in a deal.

Maui Mastermind participants have learned to leverage the power of their mastermind group by mutually holding each member accountable for their commitments.

Fear is a natural physiological reaction. We all experience it at various moments in our lives. The only problem occurs if we lock onto our fears by IDENTIFYING with them. It’s when we see our fears as WHO WE ARE that we have a host of painful consequences that flow from that choice.

As I look for ways to save my clients from paying AMT, one thing is becoming clear: starting a business is the way to go! The question is … what hobbies do you love, that could be turned into a business?

Business or Pleasure - or BOTH!

I blogged earlier this month about the 10 million Americans that will be facing AMT for the first time this year. Guess what! The number has changed.

Don’t forget the final tax filing date for your 2006 personal and partnership tax returns is October 15th (16th in some cases).