Strategic business insights, prospecting and sales tips, growth ideas, and services to help entrepreneurs make better decisions. Financial, Marketing, Leadership, Legal Insights.
#entrepreneurshipisempowerment
Leadership is skilled trade my friends. In order to build team of ME to a team of WE, some mastery is required. Learning how to lead yourself is Part 1 of the journey.
Join us this week at NextOppSocial! A place where you can listen, learn, and consume actionable content to launch, build, grow, and scale your businesses. We explore new topics each week and interview entrepreneurs throughout the Detroit Metropolitan Area, sharing insights regarding various subjects, important business strategies, success mindsets, and tools you can use to level up in your business endeavors.
We bring you content for entrepreneurs, by entrepreneurs sharing their invaluable experiences and wisdom. We feature fledgling and established entrepreneurs alike; everyone from multi-millionaires, subject matter experts, CEOs, best selling authors, and some of the brightest minds in business.
This week we are excited to introduce Mrs. Jamie Gabriel - peak performing executive and serial entrepreneur - sharing invaluable insights regarding how aspiring, fledgling, and established entrepreneurs can overcome the debilitating effects of self doubt; managing rigidity and stifling tunnel vision, and the importance of seeing your success, before you see it. Gabriel's dives deep into her experience as a peak performer and her multiple successes as a serial entrepreneur, providing a blueprint for our listeners to achieve their best lives.
If you're smart, industrious, committed to personal development, and building financial independence hit the subscribe button. We believe entrepreneurship is empowerment, and we look forward to you achieve a life of satisfaction and success.
JuJuan Buford is a Detroit native, entrepreneur, business development professional, and writer dedicated to helping families, entrepreneurs, and business owners establish thriving enterprises, achieve financial independence, and build lives of satisfaction.
Join us this week at NextOppSocial! A place where you can listen, learn, and consume actionable content to launch, build, grow, and scale your businesses. We explore new topics each week and interview entrepreneurs throughout the Detroit Metropolitan Area, sharing insights regarding various subjects, important business strategies, success mindsets, and tools you can use to level up in your business endeavors.
This past week we tackled how entrepreneurs can improve their overall productivity; create synergy in their businesses, and employ actionable steps that can be taken to get immediate results. If you've ever felt or wondered, how can I work smarter, and rid yourself of the frustration of expending tons of energy without feeling like you're making progress, this episode is for you!
We bring you content for entrepreneurs, by entrepreneurs sharing their invaluable experiences and wisdom. We feature fledgling and established entrepreneurs alike; everyone from multi-millionaires, subject matter experts, CEOs, best selling authors, and some of the brightest minds in business.
If you're smart, industrious, committed to personal development, and building financial independence hit the subscribe button. We believe entrepreneurship is empowerment, and we look forward to you achieve a life of satisfaction and success.
JuJuan Buford is a Detroit native, entrepreneur, business development professional, and writer dedicated to helping families, entrepreneurs, and business owners establish thriving enterprises, achieve financial independence, and build lives of satisfaction.
Just because you choose entrepreneurship, it doesn't mean the bs.com is going to all of a sudden come to a stop. Trials and tribulations aren't going to cease. As sure as the sun rises and falls, you can expect there will be turbulence. Expect and be prepared to combat it.
How?
Make your goals and your reasons why omnipresent. Have them saved as your screensaver on your phone, laptop, tablet or iPad, your bathroom mirror, the refrigerator door, etc., etc.,
2. Find other entrepreneurs who are leveling up, are solving, and overcoming problems. It's misnomer that iron sharpens iron. Sharp iron sharpens iron. Allow them to hold you accountable.
3. Consume entrepreneurial content that stimulates you emotionally, psychologically, and intellectually. Entrepreneurship is skilled trade. Turn your car into drive time university, and spend your free time with a book, podcast, or audio.
4. Take time to imagine the rewards of your hard work and focus. Imagine everything, from the smell of your cologne or perfume, to the color of your shoes, the type of cereal you'll eat in the morning, the music you'll be listening, the veneer of your desk, to the taste of the grape juice you'll be sipping, etc., etc., etc.,
You're going to get squeezed. But the juice is worth it.
JuJuan Buford is a Detroit native, entrepreneur, business development professional, and writer dedicated to helping families, entrepreneurs, and business owners establish thriving enterprises, achieve financial independence, and build lives of satisfaction.
Join us this week at NextOppSocial! A place where you can listen, learn, and consume actionable content to launch, build, grow, and scale your businesses. We explore new topics each week and interview entrepreneurs throughout the Detroit Metropolitan Area, sharing insights regarding various subjects, important business strategies, success mindsets, and tools you can use to level up in your business endeavors.
We bring you content for entrepreneurs, by entrepreneurs sharing their invaluable experiences and wisdom. We feature fledgling and established entrepreneurs alike; everyone from multi-millionaires, subject matter experts, CEOs, best selling authors, and some of the brightest minds in business.
If you're smart, industrious, committed to personal development, and building financial independence hit the subscribe button. We believe entrepreneurship is empowerment, and we look forward to you achieve a life of satisfaction and success.
JuJuan Buford is a Detroit native, entrepreneur, business development professional, and writer dedicated to helping families, entrepreneurs, and business owners establish thriving enterprises, achieve financial independence, and build lives of satisfaction.
Success in entrepreneurship is truly an inside job, but it is not an alone job. Not all the time.
Whether it be for the purposes of accountability; having sounding boards to bounce ideas off of; or taking a moment to laugh and enjoy the camaraderie of fellow soldiers, etc., etc., You have to take time to be an emotional, feeling, experiencing human, being. Not just a human, doing all the time.
Join us this week as we compare notes, explore subject matter, and share important strategies and mindsets that served Next Opportunity Social guests well in 2020, that can help aspiring and established entrepreneurs well in 2021. We'll be covering everything from productivity hacks, to marketing strategies, mistakes (gasp), and various business insights that can applied in real time to help business owners not only survive, but thrive.
NextOppSocial is a weekly show that highlights the achievements of entrepreneurs and small business owners throughout the Detroit Metropolitan; providing an avenue for entrepreneurs to promote their businesses, and providing viewers with an opportunity to learn and draw wisdom from others who are achieving in entrepreneurship. A variety of topics are discussed on a weekly basis for the purposes of providing insights and actionable content to help entrepreneurs and small business owners level up in their respective endeavors.
JuJuan Buford is a Detroit native, entrepreneur, business development professional, and writer dedicated to helping families, entrepreneurs, and business owners establish thriving enterprises, achieve financial independence, and build lives of satisfaction.
Estate Planning 101 Overview. Click the pic to learn.
IF YOU ARE A BUSINESS OWNER OR YOU OWN REAL ESTATE
WHAT CAN HAPPEN IF YOU DON'T HAVE AN ESTATE PLAN?
1. YOUR BUSINESS OR ASSETS COULD END UP IN PROBATE COURT
During probate, the court oversees your will’s administration to ensure your assets (including your business and or real estate holdings) are distributed according to your wishes. However, probate often takes months to complete and can be extremely costly for your heirs—both of which can seriously disrupt your business operations and even lead to your company’s ruin.
In other words, your business and other assets will be held in limbo, and if you need important decisions, transactions, or other important affairs to be handled there is a good chance your affairs won't be executed. Your family or business partners may know how to operate your business and assets, but their hands will be effectively tied. And perhaps worst of all, probate is a public process, leaving your business affairs open to whoever wants to know what’s going on.
All the aforementioned means paying additional expenses to access your assets, and it opens to door for others to try to disinherit your family and business partners. The confusion may also inspire or prompt other family members to cause conflict, further depleting your business or real estate holdings.
2. IF YOU ARE INCAPACITATED OR UNCONSCIOUS, OTHER PEOPLE NOT OF YOUR CHOOSING, CAN DETERMINE HOW YOUR CARED FOR, AND MANAGE YOUR BUSINESS AFFAIRS
Gasp!! There shouldn't need to be much more said here.
The court will appoint a “financial guardian,” sometimes called a conservator, to assume control of your assets. What is the likelihood that they'll operate your business or affairs like you intended? What kind of conflicts might arise between family members, your business team, employees, and your clients (yes your clients and tenants will find out that you're missing in action).
When you return, it may be to a pile of rubble. Who is determining compensation, how to handle disagreements, or promotions? Who is going to execute your road map?
3. ABSENT AN ESTATE PLAN, KISS YOUR DREAMS OF GENERATIONAL WEALTH AND LIFTING AS YOU CLIMB GOODBYE
As an entrepreneur, most of your time, monies, and financial well being, and wealth is likely tied up in your business; especially if you're a start up, or first generation business owner. If an estate plan and business succession plan is not implemented, how is the business to be transitioned properly to the next generation, or at the least sold for a fair price that enriches the family.
Questions that need to be answered
1. What family members or children are best equipped to actually manage and own, operate, and build the business. Each one of these elements are skilled trade.
2. How do you make other family members whole (keep them from being disgruntled) who are not included in the ownership, operation, and building of the business?
3. What are the guiding principles or management philosophy regarding the management of your business and or real estate holdings (rent, buy and sell, fix and flip, etc., etc., etc.......)
4. Or maybe, it would be best to set up some type of arrangement whereas an employee, member of the leadership team, or an outsider manages, operates, and builds the business, and the family is compensated for a period of time.
Often physicians, accountants, financial agency owners, attorneys, real estate investors, engineers, construction professionals, accountants, architects, and other service and technical assistance providers choose to operate their businesses under the owner-dependent model, as do many general contractors, local restaurant owners and countless other businesses. Owner-dependent, meaning every or almost every critical decision is made by you, the owner.
When the owner dies, the family is finally thrust into making business decisions (assuming it survives probate court) like continuing liability coverage. Did you have buy-sell agreements, key person obligations, and other financial arrangements to insure a cash infusion is made into the business to acquire the expertise, talent, and experience that no longer exists with the owner's passing? How about estate taxes?
Learn more about estate planning, and how we help you acquire big business resources for your small business dollars, and protect what matters most today.
#entrepreneurshipisempowerment
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JuJuan Buford is a Detroit native, entrepreneur, business development professional, and writer dedicated to helping families, entrepreneurs, and business owners establish thriving enterprises, achieve financial independence, and build lives of satisfaction.
Join us as we talk with Godwin Inhentuge, the founder of Yumvillage about turning one business idea into a legacy and empire. Godwin refers to himself as Chef Villager at the Afro-Caribbean hot spot Yumvillage in the New Center area of Detroit, and is continuously working to create a community through cuisine well-known in his Nigerian community but new to the Detroit neighborhood.
Click the pic below to watch this incredible episode!
About NextOppSocial:
NextOppSocial is a weekly show that highlights the achievements of entrepreneurs and small business owners throughout the Detroit Metropolitan; providing an avenue for entrepreneurs to promote their businesses, and providing viewers with an opportunity to learn and draw wisdom from others who are achieving in entrepreneurship. A variety of topics are discussed on a weekly basis for the purposes of providing insights and actionable content to help entrepreneurs and small business owners level up in their respective endeavors.
JuJuan Buford is a Detroit native, entrepreneur, business development professional, and writer dedicated to helping families, entrepreneurs, and business owners establish thriving enterprises, achieve financial independence, and build lives of satisfaction.
We invite you to tune into last week's episode of NextOppSocial with Sandy Harvey, MBA, CDP! Harvey is a skilled strategist with over 25 years of human resources, organizational development, leadership, and diversity and inclusion experience.
Sandy Harvey shared invaluable words of wisdom regarding how to develop endurance, work through F.E.A.R. (False Evidence Appearing Real), and employing emotional intelligence to increase productivity and profits, and achieve organizational goals.
Harvey is the President & Founder of Exodus Consulting Group, a transformational people and process firm. She is a Certified Diversity professional and works with organizations across the country in developing and implementing a diversity, equity, and inclusions strategy.
As a pastoral, and executive coach, she has facilitated leadership and diversity and inclusion (D&I) strategic initiatives for multinational companies. Most importantly, Sandy isn't moonlighting as an entrepreneur, or facilitating academic exercises. She is a results oriented leader, incorporating metrics and analytics, with technology and people.
Grab a pen and notebook, click the image below, and strap in for an incredible interview.
JuJuan Buford is a Detroit native, entrepreneur, business development professional, and writer dedicated to helping families, entrepreneurs, and business owners establish thriving enterprises, achieve financial independence, and build lives of satisfaction.