Dr. Wright hosts the $740 Man, Ivey Stokes on November 8th, 2017

Dr. Wright hosts the $740 Man, Ivey Stokes on November 8th, 2017

Entrepreneurship has been recognized as the clear path to financial independence. But for those who are employed, there appeared to be very few options to participate in an enterprise. Ivey Stokes, the founder of My Econ formed a company that helps employed people start their own business and work towards financial independence without having to quit their full-time job.

Ivey Stokes has been teaching people about their finances for 14 years. “Years ago, people would tell me that I would not be able to teach people this stuff. I said That’s just silly. I knew they were wrong!” says Stokes. “You can have wealth in your family, and we are going to show you where to get the money. Every day in My Econ, we teach people to find an extra $200 to $500 a month in the paycheck, and we show them how to get out of debt and invest. It’s a new day.”

Ivey J. Stokes has been the Chairman of the Board of Maxxis Group Inc., since January 24, 1997, and served as Chief Executive Officer and President since September 1999. Mr. Stokes began his marketing career in 1982 at A.L. Williams Corporation (‘A.L. Williams’) where he became one of less than 400 National Sales Directors out of 1.3 million insurance agents. In March 1991, Mr. Stokes left the financial services industry to launch his own independent marketing firm, Mr. Stokes has a Bachelors degree in Industrial Management from the Georgia Institute of Technology. He co-founded My Econ in 2003.My Econ has helped people cash flow over $740 million and is a 14-year-old, debt free company.

“I am so excited to host someone of this caliber and get a chance to really learn from him”, says Dr. Wright

On November 8th, Ivey Stokes will visit the Inland Empire on his Southern California Tour to teach families how to create wealth.
The event will be at the Ontario Hotel and Convention Center at 6:30 PM. The event is free. Attendees are asked to reserve their seat, as seating is limited. Attendees call Dr. Letitia Wright at 909-235-9744 to reserve their seat.

 

Discover 8 useful tips to attract more potential investors to your business

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1.    You Should Concentrate On Your Industry

Almost investors were small successful entrepreneurs in the past, and they will invest in some people who know their prior industry experience. All investors will invest in companies of people who have a lot of experience in this field of business

2.   Target Investors Interested In Your Business:

Some investors only like to invest in the seed or start-up companies, and other investors find the later stage ventures for investment. Therefore you should find the right investors who are interested in your business.

3.    Clear Plan

You need to have a good plan and good preparation for your business. You cannot find any investor if you cannot show them a clear plan with the advantages and disadvantages. Clear plan can be the first and important factor which affects your success along with all answers about how you can build your business, how you can get profits from your business, and how many risks can happen, and how can you deal with all risks.

  1. 4.    Make Connections

You have a good plan, and how you can show to some potential investors? And how you can find the right investors who will interest in you plan? Those are always the headache questions for you. You can connect to some investors via a business associate, lawyer or accountant who can help you get more investors’ attention. You also can find other way to meet people with heavy pockets at the very least attend a venture capital conference or some meeting of investors. Or you can use network to discover your opportunities.

  1. 5.    Be Persistent And Patient

All the entrepreneurs should be committed, thick-skinned, and passionate. Finding investors to raise your capital is a time-consuming process. It can take 50%-70% of total time for a startup entrepreneur to raise capital from potential investors. This process can be longer.

  1. 6.    Build A Team

One of the most important things you must know is that all investors need to see not only your commitment, therefore you can cooperate some talented friends or other people to the venture. By this way, you can get the trust of all investors.

  1. 7.    More Than An Idea

If you have only one plan, you can get some ricks, and that cannot attract any investor. You need more than one idea in your plan. You should prepare for anything before it comes.

  1. 8.    Articulate A Clear Vision

You should spell out how you plan to get from point A to B to C because investor wants to cooperate with the good entrepreneurs who are bright, committed and flexible. All investors have experience of the first plan; and they always think that the first plan isn’t usually successful with some real factors such as wrong product or market and even wrong channel or approach.

If you have a good plan, but you cannot deal with tight budget or you cannot find potential investors, your plan cannot gain the full success. There are 8 tips for you to attract more investors.

If you like my blog, you can share it with other people. And if you are interested in this topic, you can leave you comment at the end of my blog. I appreciate your contribution.

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Perception of financial planners slowly improving

Finance

Finance (Photo credit: Tax Credits)

Perception of financial planners slowly improving

by DONNA SADDLER

Financial planners are being better perceived by clients but there is still history to overcome.

Financial planners aren’t bad: they’re just misunderstood. Financial planners are, like lawyers, one of the professions consumers disdain.

Long pilloried as being the used car salesmen of the financial world, there is widespread confusion in the minds of the public about the role financial planners play.

Consumers often think financial planners are untrustworthy, lacking in qualifications and only in it for the commissions attached to the products they sell.

In reality, what financial planners do is help each client meet their financial goals, taking into account individual circumstances and aspirations and the options that are available to them. They do not have a nanny role to help the client abstain from acquiring conspicuous goods, but they offer advice regarding bigger expenses.

Part of the reason the industry attracts such flack is that although many financial planners are honest and reliable, the whole industry has been tarnished by the behavior of a few bad apples.

Recently consumers are becoming more satisfied with the work of financial planners. Recent research shows that one third of respondents had noticed an improvement in the overall quality of advice given by their financial planner.

Although these results show a positive improvement in consumer satisfaction levels concerning advisers, financial planners cannot rest on their laurels.

There are still issues with the level of complexity of information contained in financial documents and that financial planners are still facing a trust issue.

The industry has a long way to go to cut the wheat from the chaff; lots of guys have got fat and happy based on the growth of the industry, without providing the advice that clients need.

There are also problems with financial planners not taking enough of an interest in their clients.

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