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<p>There is no doubt that Entrepreurs have talents that are unmatched.&nbsp; The Lord has created some beautiful people who are musicians, culinary experts, handy men/women, transporters, real estate investors, and more!&nbsp; Several fields create great income in today's economy that separates (Group 1) Entreprenuers from Employees. Those two groups evolve to (Group 2) Business Owners and/or (Group 3) Investors.&nbsp; Hey, we see what you are thinking. Entrepreneurs and Business Owners are not the same, as one works "inside" their business and one works "outside" their business where they have Employees or Partners that generate income at the moment they take the day off even with residuals coming in.&nbsp; Where do we start in this conversation that will generate a podcasts soon?&nbsp; Here are the first concerns:</p><p>1. Marketing: If you are known just in your area, you won't go far!&nbsp; People get tired and look for something new.&nbsp; Let the old inform the new and now you have a revolving door!</p><p>2. Campaign/Network: Who are you supporting?&nbsp; How many non-profits are you connected to as a resource and community events for awareness?&nbsp; People will bring the business to you! Question within this is how long do you plan to do this by yourself independently?</p><p>3. Personal Growth: Are you growing off your own Ego &amp; Talent?&nbsp; Or are you incorporating ideas with trusted like-minded professionals.&nbsp; You should have a Center of Influence in and outside your field you can consult/confide in.&nbsp; Your life partner may not have the same interest as you and thats ok, but you should keep some conversations in house.&nbsp; This will be the realest thing you will have to tell yourself: STFU.&nbsp; Yes, that means some ideas don't need to be shared.&nbsp; The only way you share is in execution and building the plan with your circle that will see the vision when it starts coming together.&nbsp; At that point you have to stay focused.&nbsp; Hear the input, but stay focused on the additional side conversations and include outside thoughts if it gets you closer to your goal. (BONUS) Pay for it! Feel out others that have the niche and pay them.&nbsp; Have a professional do taxes and see things you can't!&nbsp; Ensure people have the credentials that can be held accountable, you don't have to do it all yourself even IF you have to use Artifical Intelligence to fact check your decisions. Only deal with those that stand on business, not just all talk with too many trades they jacked off instead of being the master of</p><p>4. Relationships: The community, People Who Make the World go Round.&nbsp; If they don't know you, you will never know them. Learn and adapt.&nbsp; Sometimes you have to learn from politics as it takes time and feeds the previous stated remarks. People quit because they fail at something called TIME.&nbsp; If it hasn't happened, wait for it by following through on PLANNED actions that produced results.</p><p>5. Finanical Literacy: This becomes the first &amp; final straw.&nbsp; Nothing is FREE.&nbsp; We pay just for you to read this rent free thought you agree with or not.&nbsp; Many use Banks, Stocks, Investments and for some reason forget the 4th Home of Money which is and always will be #1.&nbsp; Noone will tell you and most likely you weren't open to the conversation.&nbsp; Insurance is the 4th Home of Money.&nbsp; This is one of the reasons many go for broke.&nbsp; When you started this process you could have been earning money as a Employee, Entrepreneur, Business Owner and Investor.&nbsp; People go through all groups and lose it all or find out too late. 10% figures it out and are set for generations.&nbsp; If you could put your money into a insurance policy protected from lawsuit, taxes and much more, but we told you could borrow at one of the lowest percentages and still keep 100% of your money in&nbsp; a growth vehicle......&nbsp; we would wonder how much you would want to borrow or withdraw.&nbsp; Many get the commissions or sales and run directly to the bank. The bank puts the money in insurance for their growth.&nbsp; Why can't you put the money in the insurance first yourself, THEN take out what you need to pay expenses and more. Replace the money you took out the next month to rinse and repeat?&nbsp; That's true banking.&nbsp; And all that time, it appeared as if you borrowed 1 month of payments that never left the policy and grew with the original amount/the current face.&nbsp; If you can't grow your own money, why are you in business?&nbsp; Not even a church has free anything.&nbsp; They pay insurance for the building, utility bills, staff and much more like you.&nbsp; Even a hurch fails to learn about Key Person Insurance where they could cover the pastor and transfer it to the next building wealth (Hmmmm).&nbsp; Consider learning about the 4th Home of Money and don't go broke spending dollar for dollar taking risks with ALLLLLL your eggs in one basket. Risks you can afford to lose are the only ones you can afford to take.&nbsp; If your business partner died, are you ok if their spouse took over the business?&nbsp; There is a policy for every situation on top of grants and much more.&nbsp; All of these concerns are everyday situations to consider now or later. Put financial literacy at the top of your list!&nbsp;&nbsp;</p><p>We hope you were able to say you have all the tools you need, but if not please contact us here at Legacy Smart Group-Financial Solutions.&nbsp; And don't forget to add Trusts to your Things-To-Do lists!&nbsp; Build Business Credit as well as Personal Credit. Have a great day and thinks for reading our BLOG.</p><p><br></p><p><br></p><p><br></p>

Why Business Owners Go Broke!

<p>Networking with the Community&nbsp;</p><p>Most spend so much time as Entrepreneurs trying to push energy out of their minds about ideas they have fast with understanding the process, having the tools and also the connections.&nbsp;</p><p>Networking has become a success and has always been the way to go. You can go door to door, send emails, make phone calls, but face-2-face interaction is unmatched. Have you ever had a conversation so powerful you wish you recorded it just to hit a playback button? Their is no energy like a first time connections of people mentally saying I get you and you get me, let's work together because we agree!&nbsp;</p><p>What if the saying it takes two to party or maybe three or four. When like minds come together in a community you can divide and conquer. But one thing must happen, it's called staying in your lane. Find those who are good and can match your energy so you can stay in your lane 💯,&nbsp; they can stay in theirs and all can win. That creates a happy customer because your service is backed with levels of competence and much more. You may not like politics, but this is a top tier form of it that brings out the best in you.&nbsp;</p><p>Why are you Networking? Is it for your personal gain or for devotion of your idea? It can be both, but one of those ideas won't survive without the other.&nbsp; What creates failure is not Networking. Introvert or extrovert, it doesn't matter as you have to be both. Sometimes you have to shut up or speak up! Based on your event, get over the anxiety of results before you walk in the door that everything happens for a reason. With that attitude that is positive, every moment is a win 🏆.&nbsp; Take pictures and make people feel like a celebrity and if I don't ever see you again, I enjoyed this moment. We don't know what will happen tomorrow, but you just plant a root in someone's life of someone of the someone that will share something you said. Yes I said it the way you read it. So what's stopping you?</p><figure id="figure-rr277wo1l7m1fa8uub"><img id="rr277wo1l7m1fa8uub" src="https://cdn.durable.co/blocks/39NX8d3qoTV3MrvNTj0WySFBW8Ur2pM89axoxqrACRwuRV6X9ygxbU0UJQlRl9md.jpg" alt="Meeting people in new places" title="Meeting people in new places" class="object-cover bg-gray-100 rounded-lg md:rounded-xl lg:rounded-2xl" style="aspect-ratio: 16/9; object-position: 70% 50%;" data-corners="default" data-aspect="16:9" data-caption="The Power of Networking" data-positionX="70%" data-positionY="50%" data-fullWidth="false"/><figcaption class="body-normal text-gray-500 mt-2">The Power of Networking</figcaption></figure>

The Power of Networking from LSG

<figure id="figure-pqv3nynzplwocnylr" class="selected"><img id="pqv3nynzplwocnylr" src="https://cdn.durable.co/blocks/2ckUvufD9IibUqSjikS20aCQSQTcvjs5GjdIJEVt1jq2ARx6cF9rfJaxNleEbIps.jpg" alt="man writing on paper" title="man writing on paper" class="object-cover bg-gray-100 rounded-lg md:rounded-xl lg:rounded-2xl" style="aspect-ratio: 1/1; object-position: center center;" data-corners="default" data-aspect="1:1" data-caption="Swing into Legacy" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/2ckUvufD9IibUqSjikS20aCQSQTcvjs5GjdIJEVt1jq2ARx6cF9rfJaxNleEbIps.jpg" data-mce-style="aspect-ratio: 1/1; object-position: center center;"><figcaption class="body-normal text-gray-500 mt-2">Swing into Legacy</figcaption></figure><p><br></p>

Swing into Financial Security

man in blue suit jacket and white dress shirt

<p>Tax season is here, and that means one thing: a tax return. For many, this is a welcome boost to the bank account. But how can you make the most of it? Let’s explore some smart ways to use your tax return this year.</p><h2>Pay Down Debt</h2><p>First things first, consider paying down any high-interest debt. Credit card balances and personal loans can carry hefty interest rates. By reducing or eliminating these debts, you can save money in the long run.</p><p>Imagine the relief of seeing those balances drop! Plus, it frees up more of your income for other needs or wants.</p><figure id="figure-0hbemp6dnplwocmll2"><img id="0hbemp6dnplwocmll2" src="https://images.unsplash.com/photo-1695654401535-b66de56af87a?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHw2fHxwYXlpbmctZGVidHxlbnwwfHx8fDE3MTY3NzY4Nzl8MA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="paying-debt" class="object-cover bg-gray-100 rounded-lg md:rounded-xl lg:rounded-2xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1695654401535-b66de56af87a?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHw2fHxwYXlpbmctZGVidHxlbnwwfHx8fDE3MTY3NzY4Nzl8MA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure><p>emergency fund. Life is full of surprises, and an emergency fund can help you handle unexpected expenses without stress.</p><p>Aim for at least three to six months' worth of living expenses. This cushion can give you peace of mind and financial stability.</p><h2>Invest in Your Future</h2><p>Investing your tax return can be a wise move. Consider options like retirement accounts or stock market investments. These can grow over time and help secure your financial future.</p><p>You might also look into educational courses or certifications. Investing in yourself can lead to better job opportunities and higher income.</p><figure id="figure-nrcnud0zeplwocmnhw"><img id="nrcnud0zeplwocmnhw" src="https://images.unsplash.com/photo-1640593967530-7c40ae516b59?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwyM3x8aW52ZXN0aW5nLW1vbmV5fGVufDB8fHx8MTcxNjc3Njg4MXww&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="investing-money" class="object-cover bg-gray-100 rounded-lg md:rounded-xl lg:rounded-2xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1640593967530-7c40ae516b59?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwyM3x8aW52ZXN0aW5nLW1vbmV5fGVufDB8fHx8MTcxNjc3Njg4MXww&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure><h2>be a great idea. Projects like upgrading insulation, fixing leaks, or adding energy-efficient appliances can save you money on utility bills.</h2><p>Plus, improvements can increase the value of your home. It’s a win-win!</p><h2>Plan a Vacation</h2><p>Sometimes, you need to recharge. Using part of your tax return to plan a vacation can be a good investment in your well-being. A break from routine can boost your mental health and productivity.</p><figure id="figure-u867uj19wjlwocmp9x"><img id="u867uj19wjlwocmp9x" src="https://images.unsplash.com/photo-1609952769393-06520168e618?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwyN3x8dmFjYXRpb24tcGxhbm5pbmd8ZW58MHx8fHwxNzE2Nzc2ODg0fDA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="vacation-planning" class="object-cover bg-gray-100 rounded-lg md:rounded-xl lg:rounded-2xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1609952769393-06520168e618?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwyN3x8dmFjYXRpb24tcGxhbm5pbmd8ZW58MHx8fHwxNzE2Nzc2ODg0fDA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure><h2>in your community.</h2><p>Plus, charitable donations can be tax-deductible, which might help you next tax season!</p><h2>Save for a Big Purchase</h2><p>Have a big purchase in mind? Whether it’s a new car, a down payment on a house, or a special piece of equipment, your tax return can help you get there faster.</p><p>Saving up can also reduce the need for financing, saving you money on interest.</p><figure id="figure-bpuo73803ylwocmqtg"><img id="bpuo73803ylwocmqtg" src="https://images.unsplash.com/photo-1537849244241-351b40016963?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwyOHx8c2F2aW5nLW1vbmV5fGVufDB8fHx8MTcxNjc3Njg4Nnww&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="saving-money" class="object-cover bg-gray-100 rounded-lg md:rounded-xl lg:rounded-2xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1537849244241-351b40016963?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwyOHx8c2F2aW5nLW1vbmV5fGVufDB8fHx8MTcxNjc3Njg4Nnww&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure><h2>to setting up a website, a little investment can go a long way.</h2><p>A side business can bring in extra income and might even grow into a full-time venture.</p><p>In conclusion, there are many smart ways to use your tax return. Whether you’re paying down debt, investing, or planning for the future, make sure your money works for you. Happy planning!</p>

Smart Ways to Use Your Tax Return This Year

<p>There are 4 Homes of Money.&nbsp; Can you guess what the fourth Home of money is? Banks, Real Estate, Stocks, and _____________________.&nbsp; This fourth home offers a rate of return, tax advantages, has safety and liquidity.</p>

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Why Business Owners Go Broke!

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Swing into Financial Security

Smart Ways to Use Your Tax Return This Year

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