The Key to Success

The key to success is……

I received this email from Larry Crane. Though I have his release program, I love the story in this email so much I am sharing it (including his links). I have the release program and I use the release program, I leave it to you to decide if this program is for you.

Here goes…

Once upon a time, in a place that could have been any place, in a time that could
have been anytime, there was a beautiful house with a beautiful garden
surrounded by a rock wall.

One day the woman of the house saw three old men with long beards sitting on the
rock wall around her garden.

The women went outside and said to the old men:

“I don’t think I know you, but perhaps you are hungry. Please come into my home and I will prepare some food for you.”

To which one of the old men asked:  “Is the man of the house home?”

“No, not yet” she answered, “he has gone into the town market, but he’ll
be back soon.”

“Then we cannot come in” replied one of the elderly man.

Later in the day when her husband arrived home, the women of the house told him what
had happened.

The husband replied, “Well, tell them that since I am now home they can all
come in for something to eat. I have brought fresh loafs and fruit from the

So the woman went outside and again invited all three elderly gentlemen into her
house for something to eat.

“That is very welcoming of you, but the three of us cannot come in all at once”
replied one of the elderly gentlemen.

“Why not?” asked the women.

In that moment, one of the old men pointed toward the other two and said,
“His name is Wealth, his name is Success. My name is Love. Go inside and
ask your husband which one of us three you would like to invite in.”

Rather confused, the women went back into her house and recounted the situation to her

The husband upon hearing of the story got very excited and said, “Marvelous!
Since that is the case, let’s invite Wealth in so he can fill our house with

The wife did not altogether agree. “Why don’t we invite Success in? We could
do with more success trading at the market.”

The couple’s young daughter who was listening in on the conversation from another
room, rushed in and pulled at her mother’s apron pleading with her mother and
her father, saying, “Please, please, invite Love in. Then our home and my
lonely heart will be filled with Love.”

After a moment of silence the father said, “You’re right. Let’s listen to our
daughter. Go and invite Love in to be our guest.”

So, the women went outside once again and asked, “Which one of you is Love? We
wish for the one of you called Love to be our guest.”

Love stood up and started to walk up the brick path toward the women and the house.

And then…

The other two elderly men also got up and started walking up the brick path toward
the women and the house.

Surprised by all three men coming toward her the women of the house said, “I don’t
understand, you said all three of you couldn’t come in and I so I only invited
Love in. Why are you other two also now coming in?”

All three elderly men responded in unison, “If you had invited in Wealth or
Success the other two of us would have stayed behind. But you have chosen to
invite Love in, and wherever Love goes, Wealth and Success will ALWAYS

Neat little story, huh?

And the moral of the story, as I’m sure you have already grasped, is this:



The more you fill your life with Love – the easier life gets.

Are you ready to invite Love into your life (so Wealth & Success follow)?

Click here if you are.

Larry Crane
p.s. I totally agree with this and I am not getting any money to promote this product. I like the story, I agree with the story.

May your life (and mine) be filled with Love, Wealth, Success.

Ron Finklestein
ron @ businessgrowthexperience . com

Choosing a Legal Structure for Your New Business

We have a great article today from guest writer James Kim. Take a look at the pros and cons of your legal structure. If you do not feel you have the correct structure for your business, contact a lawyer who can help with either implementing a legal structure changing an existing structure. Thanks James for this great article.

Ron Finklestein
Business Growth Facilitator

Choosing a Legal Structure for Your New Business

One of the first things that an entrepreneur has to do when
starting a business is decide on a business ownership structure. Here, we
outline the different structures, helping you find the business solutions
that best suit your startup and understand its tax implications.

1.  Sole  Proprietorship

A sole proprietor is someone who owns an incorporated business
on their own. In this structure there is no legal distinction between owner and
business and, therefore, the owner has complete control over and liability for
the business, including the debts and legal actions against the business. In
sole proprietorships the profit is “passed through” to the owner and the business
profits will be documented on the individual tax return, Form 1040.

Many people consider the sole proprietorship to be the most
simple and straightforward business organization because you don’t have to file
any specific forms (like income tax forms) or pay massive startup fees.
However, on the downside a sole proprietor is fully responsible for all debts, making it
difficult or impossible to raise capital from investors.

The taxable year is the same as the owner’s: a calendar year. As
mentioned above, a sole proprietor must fill out a Form 1040-ES (Estimated Tax
for Individuals). The profits or losses are calculated on Schedule C. Earnings
from the sole proprietorship are subject to the self-employment tax, Schedule
SE, Form 1040, which is a contribution to Social Security and Medicare. You can
calculate the self-employment by multiplying net earnings from self-employment
by the self-employment tax rate. The self-employment tax rate for 2011 is 13.3%
(10.4% for Social Security and 2.9 for Medicare). However, you can deduct half
of your self-employment tax contribution in figuring your gross income by
filing a Form 1040 Schedule C (line 27). You can visit,,id=130102,00.html
to determine eligibility for the Earned Income Tax Credit (EITC). Other forms
include the Form 941 (Employer’s Quarterly Federal Tax Return) and Form 940
(Employer’s Annual Federal Unemployment Tax Return).

To find these forms see,,id=98202,00.html

2.  Partnership

A partnership involves two or more people who carry on a trade
or business together. This structure of business, like a sole proprietorship,
“passes through” profits or losses to its partners and these partners pay taxes
on their share of the profits in their individual income tax returns.

Instead of the Form W-2, the partnership must turn in a Schedule
K-1 and the Return of Partnership Income (Form 1065).Then, each partner reports
their profit and losses with the individual tax return (Form 1040) and Schedule


3.  C Corporation

In a corporation, shareholders exchange money or property for
the corporation’s capital stock and usually take the same deductions as a sole
proprietorship for its taxable income. C corporation refers to any corporation
that is taxed both in corporate income and shareholder income (as opposed to
passing through the income to the owners like a sole-proprietorship or
partnership). This process is sometimes referred to as the “double tax.”

In a c corp you can implement “income splitting.” If the owners
keep some income within the corporation (“retained earnings”), it will be taxed
at lower corporate income tax rate, not at the individual tax rates of
the shareholders. These retained earnings are reported on Form 1120. C corps
also have to file the Estimated Tax for Corporations, 1120-W, quarterly.


4.  S Corporation

In an S corporation you have both limited liability while paying
income taxes like a sole proprietor or partner. S corps are essentially
corporations that have chosen to pass corporate income, losses, deductions, and
credit through to their shareholders; they are not subject to Self-Employment

The IRS defines an S corporation as one that is 1) a domestic
corporation, 2) has only allowable shareholders, 3) has no more than 100
shareholders, 4) has one class of stock, and 5) is not an ineligible corporation
(like an insurance company or domestic international sales corporation).

To become an S corp the corporation must first turn in Form 2553
Election by a Small Business Corporation. An S corp “passes through” its net
income to its shareholders via a Schedule K-1 in Form 1040 (Federal Income
Tax). The salary paid to the employee-owner is subject to employment taxes
(940), but the remaining income, the distribution from the S corp, is not subject
to employment tax. The IRS requires, however, that the salary allotted is
“reasonable,” to prevent shareholders from giving themselves extremely low
salaries, attributing the rest of their earnings to distributions, and thereby
avoiding high employment tax.

5.  Limited Liability Company

If your business will most likely engage in some sort of riskier activity (the use of hazardous
materials, selling of edible goods, caring for children or animals, requiring
injury-prone actions), you should opt for the LLC, which protects your personal
assets from business debts and claims. There are no tax advantages (or disadvantages) to forming
an LLC: LLCs with one owner file for taxes as a sole-proprietor, while LLCs
with multiple owners file taxes as partnerships.

This is because the federal government does not identify LLC as
a classification, so a member (and owner of an LLC) must file as a corporation,
partnership, or sole proprietorship tax return. A Form 8832 is filed to
establish a business classification. Owners of an LLC may also have to pay
additional state taxes, or “franchise taxes,” in addition to the income

While understanding the legal side of business can be
complicated and, well, “taxing,” hopefully this summary of the basics has clarified
it a little!

James Kim is a writer for ChooseWhat is a company that provides
product reviews and test data for business services and products.  Their
goal is to help small companies make informed buying decisions on business
solutions that help their business.


Are you being disrespectful (and losing business) and you don’t know why

Are you being disrespectful (and losing business) and you don’t know why?

If you wonder why you are losing business, the story below may be useful. I run several groups call the Business Growth Experience ( During one group I mentioned how frustrated I am with contractor not showing up
on time or not showing up at all and not letting me know. My specific comment was “if I am not yet a customer how will they treat me when I am a customer?”

This lead to a discussion of how disrespectful it is to be late. When you are late you are telling me that I am not important, you do not
respect my time and effectively you do not respect me. Each member of the Business Growth Experience talked about how difficult it is to be on time and one gentleman stated, “when I am late I am not honoring who I am, I am not in sync with my values of honesty, respect and dignity towards myself. With that said, I am almost always late and people think nothing of it.” Maybe they decided not to say anything.

Have we reached a point where we have not respect for our time or the time of others? I realize that people being late, not returning
call (people I know) or responding to emails, are not necessarily the people I want to do business with. I decided I would not do business with any contractor who was late, did not deliver the proposal when they said they would or did not show, even if they had a good reason (without a call).

I do not think I am too different from the average business owner. I do not have time to waste. I want to associate with people who value
my time as much as they value their own time.

How much business is this costing you when you are late? What message are you sending your prospect, associate or friend?
To Your Business Growth,

Ron Finklestein




How to Attract Wealth and Prosperity

How to Attract Wealth and Prosperity

I received this email from Dr. Perry and he does not know I am doing this. I know Dr. Perry and I have used the material Dr. Perry discusses for a few years now. Because I know Dr. Perry Personally and I have use the material he discusses I am comfortable sharing this email.

Are you discovering that just about everything you want out of life requires you to have sufficient wealth? If so, you might be realizing that wanting money isn’t really so “greedy”  and “selfish” after all.

You might be realizing that wealth and prosperity are pretty noble and admirable goals to set for yourself .

But this still doesn’t change the fact that MOST people never make enough money to do the things they really want to do. Well, if you’re not about to see yourself left behind, you’ll  be itching to learn this secret of manifesting wealth and prosperity…

You Don’t Want Money

Think about it, none of us really want money. We want the things that money can buy, so we spend our lives in pursuit of money so that we can buy them…but why?

Did you know that it’s possible to get so focused on making money that you lose sight of the purpose for wanting money in the first place? Just think about how many people want more money so that they can have financial security and happiness.

But then they choose a career path just because it will bring them a bigger paycheck and they end up spending all their extra money trying to BUY the happiness that they’re not experiencing in their job.

Now believe it or not, this is actually what’s causing most people to lose their motivation to take actions which will lead to them making more money: starting their own business, investing, launching a new career etc. I mean how much more motivated would you be to make money if you were always thinking about what you wanted to DO with that money instead of getting hung up on the money itself?

How much more engaged would your creative imagination (probably your most valuable money making asset) be if you were focused with burning passion and intensity on the reasons why you really wanted to attract more wealth and prosperity into your life?

Just think about the wealthiest and more successful people in history (or even those alive today), and you’ll find that all of them were more focused on following their passions than they were on money.

So if you want to attract more wealth into your life, the first thing to ask yourself is this…

What do You Really Want?

Sit down right now and write down everything that you want to do or have in your life, and put a dollar sign next to each of them. Don’t make anything “wrong” and don’t let whether you can “afford” it get in the way. Just take the time to really dream without limits and to be honest with yourself about what you really want.

This way you’ll have a concrete goal to shoot for instead of saying: “I want to have the money to travel” or “I want financial security” or “I want a nice house and a nice car.”

These kinds of vague generalizations are nothing more than wishful thinking, and wishful thinking inspires passivity more than it inspires action.

Think about it, the more specific your target is, the better your chances are of hitting it. By quantifying the amount of money that you want, you’ll engage your creative imagination and your internal sense of motivation will compel you to take action.

Just remember that as soon as you know how much money you need to do and have the things that you want, focus again on what you want. The more you do this, the greater your desire will grow and the more motivated you’ll be to develop plans of action which will empower you to attract the wealth and prosperity you need to fulfill them.

For a simple, powerful and effective method to attracting the wealth and prosperity you desire, get a copy of “The Secret of Deliberate Creation”:

Ron’s NOTE: I purchased this program several years ago and I periodically review the material. This note from Dr. Perry is a good reminder to me to pull the material out and use it more.

To your success,

Ron Finklestein
Consultative, Results Oriented, Business Coach
If you need an engaging speaker check out

How Do You Become a One Degree Difference THINKER?

Watch this 13 minute video and become a One Degree Difference thinker.

Ron Finklestein
Small Business Coach


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Ownership – If You do not Own it you Cannot Change it

Ownership – If you do not own it you cannot change it



Ownership is critical to success because it is so empowering. It can be frightening, but empowering. Before we move into ownership let’s discuss why it can be so frightening. Imagine if you would, your life is a mess, you filed bankruptcy, your significant other left you, and the dog ran away. I am asking you to look in the mirror and say, “I created this. If I created this I can change it!” Can you do this? If you could how do you think you would feel: frightened, angry, frustrated, confused, lonely? Do you think after you felt all these different negative emotions you would feel relieved and then empowered?


In my case and in the clients I have worked with the responses vary. Typically it starts as fear. Not wanting to face this hard truth. Then comes anger; you are mad at yourself for buying into the belief systems that led you here. You might even be angry at your parents or your family members for enabling this behavior. Finally comes acceptance. You can say with comfort that you created this and believe it. You may not know why but the acceptance is there. If you cannot change your situation you come to the realization that you can change your attitude at the very least. After acceptance comes empowerment. You realize that if you created the current circumstances you can change them. This is the point where you exercise (either create or act upon) your intelligent self-interest and start taking inspired action.


Now let’s define ownership and discuss how ownership differs from responsibility.


Ownership is the legal right of possession. In the simplest terms it simply empowers you to embrace your intelligent self-interest. Ownership says not only am I responsible for my life and where it is right now, but ownership goes one step farther. Ownership says I am allowed to pursue my dreams, my goals, and my highest ideals.


When you take ownership of your situation, it allows you to make changes and do things differently. Ownership empowers you to act, to take action. component. Let’s see how one person handled this issue of ownership.


This article was taken from my next book, Taking Inspired Action: 9 Proven Secrets to Business Success. This book will be available in January of 2009. To order your copy now send an email to You investment is only 14.95 (pplus shipping and handling) and you will learn three things when you read this book: You will Think Differently, You will Grow Personally and Professionally, and You Will Understand You are Not Alone. To learn more about the 9 secrets go to If you have questons please post a comment or call me Ron Finklestein at 330-990-0788 and I will answer your questions.

Ronald Finklestein, President of AKRIS, INC, is a small business success expert, business coach, consultant, speaker, author, and trainer, and has published three books, 49 Marketing Secrets (THAT WORK) to Grow Sales (, Celebrating Success! Fourteen Ways to a Successful Company ( and The Platinum Rule to Small Business Mastery (