Image Image Image Image Image Image Image Image Image

Financial

Chris LoCurto

By

February 20, 2014

How to Fund a Business [Video]

February 20, 2014 | By | 13 Comments">13 Comments

This is a question I get all the time and my answer is always the same.

I don’t suggest you get loans or venture capital money to start a business.  

I coach so many entrepreneurs that go into massive amounts of unnecessary debt. Instead of focusing on growing their business, they’re focused on making payments and staying above water. Debt increases risk and magnifies mistakes. It’s a terrible place to be and can become a huge stress in your life.

Instead, start small. When you believe in your vision, bootstrap it! If you make great tacos, dont open a restaurant. Start with a warming cart. When you’ve made enough money, move up to a catering truck. If you’re continuing to make great amounts of money, buy another taco truck or move into a brick and mortar store. Stock pile money then move on to the next step. Self-fund your business growth with sweat equity and profit, not debt.

Question:  How did you fund your business without debt?

Chris LoCurto

By

January 7, 2013

77% Of Taxpayers Will Have Their Taxes Raised

January 7, 2013 | By | 73 Comments">73 Comments

So all the debate about the fiscal cliff brought us to this place of raising taxes on people making over $450,000.00.

There’s only one problem…taxes were raised on 77% of taxpayers in this country!

 

Fiscal Cliff

How?  Very simple.

While President Obama didn’t raise the income taxes on folks under the $450,000, he did allow payroll tax cuts to expire in the process. Thus, taxpayers noticed a change when they opened their checks last Friday. You may have noticed the people who shared their disgust on Twitter and Facebook.

And that doesn’t include the people who get paid twice a month who have yet to see the increase.
I’m quite positive they will be shocked.
My question is this, no matter what side of the aisle you’re on, when do we get tired?

When do we get tired of the same old politics?

It really doesn’t matter if you’re a Democrat or Republican, this is ridiculous!

We have been hearing over and over again about the importance of taxing the wealthy to keep the middle class from increases.

And yet, the moment the deal is done, 77% of taxpayers get a tax increase.

On top of that, according to the USA Today, this whole fiscal cliff deal will add about 4 trillion to the deficit.

4 TRILLION!!! 

So how again did this help?
We’ve raised taxes on most of the country AND ended up with a bigger deficit. Brilliant!

Again, I don’t care who you voted for in November. At some point this has to get old.

Question: Is it old for you yet?      
Chris LoCurto

By

December 25, 2012

Christmas Message To You

December 25, 2012 | By | 7 Comments">7 Comments

We were wrapping up in the studio and decided we wanted to take a moment and share some Christmas memories with the people who allow us to do what we do.

From Becky, Collin, Bobby, and myself, Merry Christmas!

To hear this message, click  and download, or subscribe to receive all episodes.

Chris LoCurto

By

December 24, 2012

Your Gift

December 24, 2012 | By | 31 Comments">31 Comments

Sitting in my kitchen this morning thinking of you guys and having just made my coffee, I wanted to take this opportunity to remind you of a gift that you’ve already received. One that it greater than any gift you will receive this Christmas, better than any you’ll give.

…she gave birth to her firstborn, a son. She wrapped him in cloths and placed him in a manger, because there was no room for them in the inn.

And there were shepherds living out in the fields nearby, keeping watch over their flocks at night. An angel of the Lord appeared to them, and the glory of the Lord shone around them, and they were terrified. But the angel said to them, “Do not be afraid. I bring you good news of great joy that will be for all the people. Today in the town of David a Savior has been born to you; he is Christa the Lord. This will be a sign to you: You will find a baby wrapped in cloths and lying in a manger.”

Suddenly a great company of the heavenly host appeared with the angel, praising God and saying,

“Glory to God in the highest, and on earth peace to men on whom his favor rests.”

Those of you who’ve followed me for a long time know that the last few Christmas’ have been pretty rough around my house. But no matter how crazy life gets, no matter how painful, my Gift is always there waiting for me. He will never leave me or forsake me. No Apple product, or clothes, or even a brand new Ferrari can ever come close to that.

I’m not saying I would turn them down! I’m just saying that they will fade in time, but God’s love for us never will.

Merry Christmas incredibly loved Children of God!

Chris LoCurto

By

August 20, 2012

Share The Wealth

August 20, 2012 | By | 121 Comments">121 Comments

Let me start out by saying that this is in no way a political post. I don’t care what side of the fence you are on, I just want to share an opinion about something that I think is a little crazy. Ok, a TON crazy.

There is a lot of talk right now about sharing “the wealth”. As if the wealth is something that has unfairly been divided out. As if those who have wealth, have been given it by mistake, and those who don’t, somehow didn’t get the memo that the wealth was being “given” out. That type of belief system says that all should receive equal amounts no matter what their personal input.

This I believe to be ridiculous. The thought that all folks deserve the same rewards just because they breath air is beyond me. That if I work my gluteus maximus off, someone who hasn’t should receive the same as me. And that if I receive more, it’s unfair to those who’ve decided to sit on their duff while I worked like crazy.

To illustrate this, I had an actual conversation with a very young school teacher a few years ago. This young lady was challenging the thought that perhaps wealth should be a fair split among all people. To that I proposed this quandary;

Imagine you had a room full of students, and a portion of them didn’t work as hard as the others, so they received failing grades. While those who worked really hard received A’s. Then the principal came along and said that it wasn’t fair that the hard working students got A’s, but those who didn’t work as hard, failed.

Therefore, he has decided that the A students need to give up some of their grades to the failing students, so the other students could be on the same level. How would that make you feel? Immediately she said, “That’s ridiculous! If they didn’t work for it, they sure don’t deserve it!” Obviously, I agreed.

I shared how that is the concept of sharing the wealth. It took about a nano second before she was in agreement.

So my question to you is:

Question: What is your take on sharing the wealth?