CATCHJSBUFORD

4 Quick Tips to Increase Productivity & Grow Your Business

Posted by JuJuan Buford @JSBUFORD

 

Recruit the talent before you need it.

When you meet talented people with great work ethics, inventory what they are passionate about, what they are highly effective at, and where they want to be 1, 3, or 5 years from now. There are a lot of people who start out believing they are leaders or CEOs, but soon discover after experiencing trials and tribulations that they are better suited to be intrapreneurs as opposed to entrepreneurs…and there is nothing wrong with that.

Leadership is skilled trade. Mission casting is skilled trade. Empathizing and simultaneously demanding accountability is skilled trade. Inspiring people is skilled trade. Some people have all the know-how in the world, but lack the temperament and desire required to take on the risks and rigors of being a visionary leader.

 

Know what questions to ask on the first, second, and third dates.

How do you know if someone is going to be a good fit long-term?

Do they get (resonate) with your vision and or mission? If they believe in what you're doing, they'll go the extra mile because they've adopted and internalized your goals as their own.

Do they want to be accountable? Are they the type of person that arrives early or late? Do they exercise ultimate accountability or do they pass the buck? People can respect and even admire what it is you’re taking aim at, but that doesn’t mean they want to pay the price required to accompany you there.

Do they have the skills (demonstrable) to pay the bills? Hopes, dreams, aspirations, and potential are nice things, but the most successful organizations regardless of industry tend to attract and retain the most talented people.

If you are a real estate broker and you're looking for a broker assistant. You're better off looking for a real estate agent that loves the industry and has the skills, but doesn't desire the leadership and the risk.

 

Take responsibility for the performance of your team.

If you're committed to not simply achieving desired results but scaling those results, accept the responsibility of clearly communicating and executing the following.
Be clear about what you're expectations are (repeatedly) and be clear about how these expectations connect to your bottom line and the bottom line of those who are employed or conduct business with you.

Introduce tools, learning opportunities, and training that will give people the opportunity to meet expectations, and empower themselves within your vision. Don't assume that people know.

Learn how to be a motivator, influencer, and person that inspires. Become intimately and honestly familiar with what inspires you. Learn what inspires others, and paint the picture. Be aware that people are always watching. Stop being so focused on leadership so to speak, but rather exampleship.

 

Adopt weekly, monthly, quarterly, and annual IDS meetings with yourself, and others as you build your team.

Identify what went well, but also challenges or obstacles to be overcome. Don't let these things fester. They'll bury you and overwhelm you.

Discuss the challenges out loud. Seek advice from people who have your solutions. Don't allow resentments to fester regarding partners you work with. You don't have time not to get challenges out in the open. Silence allows space for misunderstandings and can quietly burn bridges too.

Identify simple, achievable steps to resolve challenges and implement them immediately. Go after the low-hanging fruit. Progress creates momentum, and momentum creates productivity and confidence.

 

businesstips #businessstrategy #growyourbusiness #scaleyourbusiness #leadershipmatters #leadership #accountability #teamperformance #performance #skilledtrade

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Do you have additional questions? Call 888.549.9689 x.101 or I invite you to visit my online calendar and schedule a virtual meet-up. And if you found this article and any of our content to be awesome, and you're feeling tipsy? Click this link 👉 Buy me a coffee! 

Join our email list to enjoy a more comprehensive, insightful experience 👉 JSB Business Solutions Email List

#catchjsbuford #entrepreneurshipisempowerment #nextoppsocial #smallbizarchitecture #businessdevelopment #entrepreneurship #jsbbusinesssolutionsgroup #smallbizarchitect #jsbbusinesssolutionsgroup #businesssolutions

 

JuJuan Buford, Managing Partner

888.549.9689 / jsbuford@thebufordco.com

Website - https://thebufordco.com/

 

Wherever You Go, There You Are.

Posted by JuJuan Buford @JSBUFORD

 

I'm not an oracle. And I'm acutely aware that I don't have all the answers. However, after decades of starts and stops and peaks and valleys, I've learned some things.

One of the most valuable lessons. 

 

You can choose whether to go through things. Or grow through them.

 

2000: I didn't know what was going on. I felt very stressed and alienated. I just knew one thing...continue making dials and keep setting appointments. I was in straight-up survival mode, but I took solace in something an older real estate investor who was easily 50 years my senior shared with me. Keep working and helping people. The universe will conspire in your favor. I don't know if I believed him, but I trusted his belief in me.

 

2008: I watched almost a decade of blood sweat, and tears disappear on paper. My personal life was in shambles, and I was dealing with a most heinous opponent and personal affronts to me were incessant. I searched for a change in environment and leadership. Began pivoting into segments, industries, and markets that were in alignment with my passion and interests. I learned that you never truly know it all.

 

Entrepreneurs don't know it all, we simply tend to see things first. I stopped being afraid of experimentation and began failing super fast.

 

2019: I watched others run for the hills or become enamored with the idea of the month phenomena. I simply doubled down and business was very productive. I was experiencing some huge personal life earthquakes, but I never felt like I wasn't standing on solid ground. I trusted the process and allowed things to flow like water, and additional verticals sprouted. I spent an inordinate amount of time studying leadership and became at peace with who and what I was and am. My mind was blown away by emerging technologies, and my appetite for constant learning ignited even more.

 

2023: It doesn't matter where you go, there you are. My leadership skills are finding expression and my previous reluctance is melting away. I'm working on business endeavors increasingly rather than in them 24/7. I've lost my appetite for things, and I've become laser-focused on accumulating assets. I don't mind natural peanut butter and real fruit spreads. When you begin to solve bigger problems, you learn there is a class of people who don't taste the dirt in good or bad economies.

 

I'm attacking self-inflicted injuries with malicious fervor while repairing myself with care. I'm enjoying more purposeful, edifying relationships. Still, very urgent in activity, but letting things flow. I'm tracking my progress on a year to year basis, as opposed to week to week or month to month. It's like playing chess and being able to anticipate 3-6 moves ahead, rather than being imprisoned in 1-2 move decisions.  

 

 

___________________________________________________________________

Do you have additional questions? Call 888.549.9689 x.101 or I invite you to visit my online calendar and schedule a virtual meet-up. And if you found this article and any of our content to be awesome, and you're feeling tipsy? Click this link 👉 Buy me a coffee! 

Join our email list to enjoy a more comprehensive, insightful experience 👉 JSB Business Solutions Email List

#catchjsbuford #entrepreneurshipisempowerment #nextoppsocial #smallbizarchitecture #businessdevelopment #entrepreneurship #jsbbusinesssolutionsgroup #smallbizarchitect #jsbbusinesssolutionsgroup #businesssolutions

 

JuJuan Buford, Managing Partner

888.549.9689 / jsbuford@thebufordco.com

Website - https://thebufordco.com/

Easy Solutions For Entrepreneurs to Maximize Their Tax Deductions & Grow Their Brands

 

 

 

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Share Tweet Forward Share WE BELIEVE ENTREPRENEURSHIP IS EMPOWERMENT.  IT’S FREEDOM. THE FREEDOM TO EXPLORE, SHAPE, AND EXPRESS ONE’S SELF UNABASHEDLY. IN THIS INTERVIEW WITH CHRYSSY ROBINSON, WE REMOVE  THE MYSTERY AND FEAR FROM LEARNING HOW TO EMPLOY SOCIAL MEDIA  AND CRAFTING A DIGITAL ONLINE PRESENCE THAT BUILDS YOUR BRAND.  Posted by JuJuan Buford @JSBUFORD   Disclaimer: This content has been made available for informational and educational purposes only and is not meant to be a substitute for legal, accounting, or other professional advice. If you have specific questions about any legal matter, you should consult with an attorney or other professional services provider.     https://thebufordco.com/quicklinks/   It’s one of the least understood ways to lower your tax obligations, and conversely one of the easiest. And it is one of the best strategies for entrepreneurs who are interested in building generational wealth. And that is employing your children in your business.  Children who work for their parents are subject to the same tax rules as any other employee. However, there are some important factors to consider: Tax benefits: Hiring children under 18 years of age can result in tax savings for business owners. The wages paid to children are tax-deductible expenses for the business, reducing the business's taxable income. Additionally, if the child is under 18 and is the business owner's dependent, they may be exempt from Social Security and Medicare taxes, resulting in additional tax savings. Transfer of income: By employing their children, business owners can shift income from themselves to their children, potentially reducing their own tax liability. This can be especially beneficial if the child is in a lower tax bracket than the business owner. Age: If the child is under the age of 18 and works for their parent's sole proprietorship or partnership, they are not subject to Social Security and Medicare taxes. However, if the child is working for a corporation, they are subject to all employment taxes regardless of their age. Type of work: The type of work the child is performing also impacts taxation. If the child is performing household chores or other minor tasks, they are generally not considered employees and do not need to pay taxes. However, if the child is performing substantial work, such as administrative or managerial tasks, they are considered employees and are subject to all employment taxes. Wages: The wages the child receives (TO CONTINUE READING VISIT https://www.catchjsbuford.com/2023/03/why-including-your-children-in-your-business-can-be-beneficial-.html )  ___________________________________________________________________   Do you have additional questions? Call 888.549.9689 x.101 or I invite you to visit my online calendar and schedule a virtual meet-up. And if you found this article and any of our content to be awesome, and you're feeling tipsy? Click this link  Buy me a coffee!  Join our email list to enjoy a more comprehensive, insightful experience  JSB Business Solutions Email List #catchjsbuford #entrepreneurshipisempowerment #nextoppsocial #smallbizarchitecture #businessdevelopment #entrepreneurship #jsbbusinesssolutionsgroup #smallbizarchitect #jsbbusinesssolutionsgroup #businesssolutions   JuJuan Buford, Managing Partner 888.549.9689 / jsbuford@thebufordco.com Website - https://thebufordco.com/     NEED A BUSINESS PLANNING LAW FIRM Business Blog About All Things Business Related. Marketing & Sales Tips. Information About How to Become Investable, Build Business Credit & Acquire Financing. Networking Tips. Create Credibility and Acquire More Clients. Leadership Matters.  Featured Article. 5AM Small Plate - Quick Tips to Achieve Goals NEED A BUSINESS COACH QUICK TIPS REGARDING TACTICS, STRATEGIES, AND FRAMEWORKS TO HELP ENTREPRENEURS LEVEL UP IN THEIR ENDEAVORS.  DO YOU LOVE OUR CONTENT? & YOU'RE FEELING A BIT TIPSY? About Us   We are a business solutions organization with an international footprint serving professionals who wish to transition into entrepreneurship, and providing guidance and technical assistance to established entrepreneurs and investors seeking to launch, grow, and scale their endeavors from a team of me to a team of we.   JuJuan Buford, Managing Partner 888.549.9689 / jsbuford@thebufordco.com / https://linktr.ee/jujuanbuford   SCHEDULE AN APPOINTMENT   IS THERE MORE! WELL.... YES THERE IS. SUBSCRIBE TO LEARN MORE   https://bit.ly/yesthereismore   Copyright © *|CURRENT_YEAR|* *|LIST:COMPANY|*, All rights reserved. *|IFNOT:ARCHIVE_PAGE|* *|LIST:DESCRIPTION|* Our mailing address is: *|HTML:LIST_ADDRESS_HTML|* *|END:IF|* Want to change how you receive these emails? You can update your preferences or unsubscribe from this list. *|IF:REWARDS|* *|HTML:REWARDS|* *|END:IF|*

At some point the applause stops. The jeers begin or there's just silence. Popularity is a wonderful elixir. But for 99.9% of us, popularity is not entrepreneurship. We are our values, focus, and value proposition to the world. In the silence there you are.

Today's KPI Goals

5 expos
20 Invites (done)
10 Pages of Book of the Month
1 3way
5 Referrals
Schedule 3 Presentations

So Far, 25 Social Media Invites
So Far, 30 Minutes of Audio "The 33 Strategies of War"

#WinTheMorning #WinTheDay

Why Including Your Children In Your Business Can Be Beneficial

Posted by JuJuan Buford @JSBUFORD

 

Disclaimer: This content has been made available for informational and educational purposes only and is not meant to be a substitute for legal, accounting, or other professional advice. If you have specific questions about any legal matter, you should consult with an attorney or other professional services provider.  

 

https://thebufordco.com/quicklinks/

 

It’s one of the least understood ways to lower your tax obligations, and conversely one of the easiest. And it is one of the best strategies for entrepreneurs who are interested in building generational wealth. And that is employing your children in your business. 

Children who work for their parents are subject to the same tax rules as any other employee. However, there are some important factors to consider:

Tax benefits: Hiring children under 18 years of age can result in tax savings for business owners. The wages paid to children are tax-deductible expenses for the business, reducing the business's taxable income. Additionally, if the child is under 18 and is the business owner's dependent, they may be exempt from Social Security and Medicare taxes, resulting in additional tax savings.

Transfer of income: By employing their children, business owners can shift income from themselves to their children, potentially reducing their own tax liability. This can be especially beneficial if the child is in a lower tax bracket than the business owner.

Age: If the child is under the age of 18 and works for their parent's sole proprietorship or partnership, they are not subject to Social Security and Medicare taxes. However, if the child is working for a corporation, they are subject to all employment taxes regardless of their age.

Type of work: The type of work the child is performing also impacts taxation. If the child is performing household chores or other minor tasks, they are generally not considered employees and do not need to pay taxes. However, if the child is performing substantial work, such as administrative or managerial tasks, they are considered employees and are subject to all employment taxes.

Wages: The wages the child receives for their work must be reasonable and consistent with the amount paid to other employees performing similar tasks. If the wages are deemed unreasonable, the IRS may reclassify the child's wages as a gift or allowance, which is not deductible by the parent and may be subject to gift tax.

Training and education: Employing children in the business can provide them with valuable training and work experience. This can be especially beneficial if the child is being groomed to take over the business in the future.

Family bonding: Employing children in the business can create a sense of family unity and strengthen relationships. Working together can provide an opportunity for parents and children to develop a shared sense of purpose and accomplishment.

Remember, it's important to note that employing children must be done in compliance with all relevant labor laws and regulations. The wages paid to children must be reasonable and consistent with the work performed, and children must be treated as any other employee, with proper documentation and record-keeping. Parents should consult with a tax professional and/or legal advisor to ensure they are following all applicable rules and regulations.

___________________________________________________________________

Do you have additional questions? Call 888.549.9689 x.101 or I invite you to visit my online calendar and schedule a virtual meet-up. And if you found this article and any of our content to be awesome, and you're feeling tipsy? Click this link 👉 Buy me a coffee! 

Join our email list to enjoy a more comprehensive, insightful experience 👉 JSB Business Solutions Email List

#catchjsbuford #entrepreneurshipisempowerment #nextoppsocial #smallbizarchitecture #businessdevelopment #entrepreneurship #jsbbusinesssolutionsgroup #smallbizarchitect #jsbbusinesssolutionsgroup #businesssolutions

 

JuJuan Buford, Managing Partner

888.549.9689 / jsbuford@thebufordco.com

Website - https://thebufordco.com/

 

 

Want Better Results? Ask Better Questions... 50 Questions Successful Entrepreneurs Ask of Themselves

 

 

 

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Share Tweet Forward Share WE BELIEVE ENTREPRENEURSHIP IS EMPOWERMENT.  IT’S FREEDOM. THE FREEDOM TO EXPLORE, SHAPE, AND EXPRESS ONE’S SELF UNABASHEDLY. HOW IS ARTIFICIAL INTELLIGENCE GOING TO CHANGE ENTREPRENEURSHIP?  Want Better Results? Ask Better Questions. 50 Questions Successful Entrepreneurs Ask of Themselves Posted by JuJuan Buford @JSBUFORD   50 Topics    Top 5 mistakes business owners make.  What is the difference between an llc, s-corp, c-corp? How can you pay your children and enjoy the tax write-off? What is a holding company, and why is one necessary? How do you keep your assets out of the public eye? How do you make your company investment ready? How do you create an investment company?  How do you buy a business?  What kind of loans are available for business owners?  What are common business deductions all business owners need to know about? How do you secure government contracts? What’s the process?  How to consistently set and achieve goals?  How do you stay motivated?  How do sleep habits impact performance?   How do diet habits impact performance?   How do you find good employees and retain good employees?  What tools are most effective at finding good talent?   How do you create effective social media content?  Are blogs or podcasts more effective? How do you start an effective podcast? What social media tools or platforms are most effective?  How do you manage time more effectively? How do you manage stress and turmoil more effectively?  How do you define your target audience and why is it important?   How do you create more consistent revenues in your business? How do you build multiple businesses at the same time?  How do you buy cars, homes, and assets in your business name? Why should you do it?  How do you create a winning elevator pitch or sales pitch? How do you invite people you don’t know to learn about your business? How do you invite people you know to learn about your business? Is debt bad?  What is the difference between a copyright and a trademark?  How do you write a business plan for private investors?  How do you approach and secure support from private investors?  What is affiliate marketing, and does it work?  How do you establish and build business credit?  What are the best investments for entrepreneurs and business owners?  How do you know what kind of business would be right for you? What kind of business should you start?  How is AI (artificial intelligence) going to change the game?  Why is an independent contractor agreement necessary?  How do I protect my business from shady partners or employees?  What are the best ways to motivate my employees or staff?  What kind of insurance policies do I need to start and protect my business?  What are the best business banks to work with?  How do you determine whether you need a business coach?  When is it time to pivot and build a different business or quit (gasp!)?  How do you create a social media ads campaign?  How do you use Google for Business?  How do you use SEO to improve your business profile?  What are some of the best business books out there?   TWO MORE QUESTIONS #1. What questions would you like us to answer?  #2. What topics are of greatest interest to you?  _________________________________ Do you have additional questions? Call 888.549.9689 x.101 or I invite you to visit my online calendar and schedule a virtual meet-up. And if you found this article and any of our content to be awesome, and you're feeling tipsy? Click this link  Buy me a coffee!  Join our email list to enjoy a more comprehensive, insightful experience  JSB Business Solutions Email List #catchjsbuford #entrepreneurshipisempowerment #nextoppsocial #smallbizarchitecture #businessdevelopment #entrepreneurship    JuJuan Buford, Managing Partner 888.549.9689 / jsbuford@thebufordco.com Website - https://thebufordco.com/ NEED A BUSINESS COACH Business Blog About All Things Business Related. Marketing & Sales Tips. Information About How to Become Investable, Build Business Credit & Acquire Financing. Networking Tips. Create Credibility and Acquire More Clients. Leadership Matters.  Featured Article. 5AM Small Plate - Quick Tips to Achieve Goals QUICK TIPS REGARDING TACTICS, STRATEGIES, AND FRAMEWORKS TO HELP ENTREPRENEURS LEVEL UP IN THEIR ENDEAVORS.  NEED A BUSINESS PLANNING LAW FIRM At NextOppSocial We Believe A Candle Loses Nothing by Lighting Another Candle. - James Keller. The NextOppSocial Show was inspired by the desire to equip entrepreneurs in our community with the tools, information, and inspiration to level up in their endeavors.   Our mission and purpose are to provide a space for Detroit's entrepreneurs to tell their stories; provide our audience with learning and "know-how", and provide a space for conversations, exchanges, and collaborations among entrepreneurs in the Detroit Metropolitan ecosystem.    DO YOU LOVE OUR CONTENT? & YOU'RE FEELING A BIT TIPSY? About Us   We are a business solutions organization with an international footprint serving professionals who wish to transition into entrepreneurship, and providing guidance and technical assistance to established entrepreneurs and investors seeking to launch, grow, and scale their endeavors from a team of me to a team of we.   JuJuan Buford, Managing Partner 888.549.9689 / jsbuford@thebufordco.com / https://linktr.ee/jujuanbuford   SCHEDULE AN APPOINTMENT   IS THERE MORE! WELL.... YES THERE IS. SUBSCRIBE TO LEARN MORE   https://bit.ly/yesthereismore   Copyright © *|CURRENT_YEAR|* *|LIST:COMPANY|*, All rights reserved. *|IFNOT:ARCHIVE_PAGE|* *|LIST:DESCRIPTION|* Our mailing address is: *|HTML:LIST_ADDRESS_HTML|* *|END:IF|* Want to change how you receive these emails? You can update your preferences or unsubscribe from this list. *|IF:REWARDS|* *|HTML:REWARDS|* *|END:IF|*