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Small Business Jobs Act of 2010 Part 2

  • Posted on January 25, 2011 at 6:05 pm

Small Business Jobs Act of 2010 Part 2Continuation Part 2 – ‘Small Business Jobs Act of 2010′

Health Care Insurance

Another feature of this bill includes the ability to deduct the cost of HEALTH CARE INSURANCE for the Self Employed person and his/her family…as an Ordinary and Necessary BUSINESS EXPENSE…for Tax Year ending 12/31/2010.

So…IF you had $10,000 of Start up Costs and $7,500.00 of Health Insurance Costs…you are likely eligible for a $17,500.00 “expense” on just TWO lines of the Schedule C! If you are in the 35% Tax Bracket this year, this “deduction” would save you over SIX THOUSAND BUCKS IN TAXES!

Remember…EVEN IF you had not a DIME of “income” from your business this year (and only had the $17,500.00 worth of expenses!), you can still use the deduction to offset the TAXABLE PORTION of your income from ALL OTHER SOURCES…INCLUDING W-2 income, Interest Income, Partnership or Dividend Income Net Rental Income, Unemployment Income, and/or taxable Social Security Income! Virtually ANY other taxable income!

Moreover…don’t forget that ALL expenses related to the ON-GOING operating OF the business are deductible as well.

Please talk with your tax person. Don’t miss these very important and valuable Business Deductions.

Now that you have the all the information on the ‘Small Business Jobs Act of 2010‘, you should have a better understanding on how to save yourself some money. If you found this post useful, please ‘Retweet’ it & ‘Share’ it.

Small Business Jobs Act of 2010 Part 2

Small Business Jobs Act of 2010 Part 1

  • Posted on January 13, 2011 at 6:27 pm

Small Business Jobs Act of 2010 Part 1

Due to the economic U.S. situation, many people are pondering starting a home business?? So let me help you out a bit and explain why a person would, of course, WANT to start a home business. In this article blog post I will explain about the benefits of having a home business as it relates to your taxes via the  New Small Business Jobs Act 2010 That Puts More Capital in the Hands of Entrepreneurs and Small Business Owners…


Small Business Jobs Act of 2010

A. September 27, 2010

On this date, President Obama signed a package of enhanced business tax incentives into law, as part of a larger Small Business Jobs Act of 2010. ONE of the things it allows is that START UP COSTS…up to $10,000.00 can be EXPENSED 100% for new businesses that ‘started’ in 2010!

Generally Start Up Costs are expenses one incurs BEFORE actually opening the doors of a new business!

Maybe you hooked up w/a new nutritional products business and encountered a BUNCH of expenses BEFORE you actually STARTED “WORKING” the business…as a “business”! Stuff you did to “get ready to roll”!

Maybe you just signed up this month! And are in the process of preparing to attack the market full bore after the 1st of the January!

Startup expenses are things associated with setting up your business. Among the items that count as startup expenses:

o        Paying for consultants & other Professional Fees (Someone to Help Set Up Records, coach you on tax issues related to small business, etc)

o        Initial “Sign Up” Fees

o        Buying initial supplies (Including, but not limited to Extra Product {to use as Samples, Displays, Promotional Gifts}, Starter Packs, Ad Packs, Additional MAP-Books, Branded Apparel, and other Marketing Tools)

o        Advertising materials for your new business (Business Cards & Stationery)

o        Paying employees before the business opens (Even the KIDS)

o        Office Expenses (Furniture, Computer/Printer-Fax-Scanner along with supplies for them, Laptop, Internet connection, Decorating/Remodeling the “new” office, New Digital Overhead Projector & Accessories, Subscriptions to “Virtual” online services related to your business, etc)

o        New Cell Phones

o        Signage for the vehicles

o        Seminars and Workshops attended BEFORE you “signed up”, INCLUDING travel to and from them. (Mileage, Air Fares, Taxi Fees, etc.)

You can “plug” the TOTAL of ALL these Costs in as “Initial Startup Costs” on the “Other Deductions” portion of your Schedule C Tax Form!

In Part 2, I will explain about the benefits of the Small Business Jobs Act of 2010 as it relates to Health Care Insurance.

If this post about the Small Business Jobs Act 2010 has helped you, please ‘Retweet’ it or facebook ‘Share’ it.

Small Business Jobs Act of 2010 Part 1


Why Use the F.O.R.M. Method When Talking To Prospects

  • Posted on December 27, 2010 at 2:28 pm

Why Use the F.O.R.M. Method When Talking To ProspectsI know many people absolutely dread talking to prospects, especially on the phone. Much of this reason is due to lack of confidence and not knowing what to say to prospects. There are many other reasons that people fail when talking with prospects. In this article blog post I will explain about how using the F.O.R.M. method will help you increase your prospecting recruitment into distributors.

Have you ever struggled to pick up the dreaded phone to call a prospect? Have you struggled getting other team members to call their prospects? That’s because for some reason they fear the dreaded phone calls that you &/or they must make. Not many people are born natural recruiters and therefore dread having to do so.

One of the reasons that people hate and dread prospecting is that they simply do NOT know what to say or how to deal with objections or questions. Prospecting is a learned skill which like many other learned skills, takes time to develop.

But this simple little F.O.R.M. formula will help you take potential prospects guards down, learn information about your possible recruit that may actually assist you in recruiting this prospect, and help you build an actual relationship with that prospect. While at the same time, greatly increasing your team members by recruiting those very same prospects!

The formula used to do this is called the F.O.R.M. method. And I know some of you may know and use this formula, but many of you may not. So I’m specifically speaking to those of you who have not.

What does the F.O.R.M. method stand for? It’s a simple formula method that helps you remember how to approach potential recruits when prospecting:

F = Family

O = Occupation

R = Recreation

M = Message


If you can remember this simple formula you will greatly decrease your prospects guard, and increase your recruiting. Simply put, you are getting to know more about your potential prospect, so you can better understand their wants and needs.

So you first ask them questions about their family; how many children, how old their children are, are they married, etc?

Then ask about their occupation; if they are employed (due to economy this is a pertinent question), where they work, what do they like about their job, what do they not like about their job, etc?

Then ask about their recreation activities; what they like to do for fun or to relax, what hobbies do they have, do they like to travel, how active they are, etc?

And lastly the message, which only applies to those that qualify or people that they know that may qualify. The message is simply, about what you do, and who you are looking for. So I may say something like this: I know that you work as a _____ and this may or may not be for you. But I help people earn an extra income from home in a way that doesn’t interfere with what they are already doing. My company is very successful at teaching others how to generate extra income from home. Again, this may or may not be for you, but if you would like I can give you a website address where you can get some more information. That website address is ________. You noticed that I didn’t really make that a question, as much a statement.

Now if they are very happy and not looking for anything else than you have weeded them out, but can get a referral from them, so don’t waste your efforts thus far. I would say something like: I know that you are very happy being a garbage disposal person and that this is not for you, but do you happen to know anyone that might be interested in an opportunity like this and generating extra money from home, or have lost their job and are maybe looking to replace their income?

You would be amazed at how many referrals that you will get, just for simply asking after having built a rapport with that person or potential prospect. Not only that, but you will also see an increase in your recruiting efforts because you have built a relationship with that person.

Be sure to write down what they say, because you never know how many will call you back later asking more questions, or looking to join your opportunity. When you can reply to them with; Oh hi _____, how is little Johnny doing in hockey? They will be amazed at the level of your people skills and feel very comfortable joining your team!


I know that this was a bit longer post, but I know that these simple steps will help you increase your business if used when talking to prospects. If you have found this post useful, please Share it or Retweet it.

To get more prospecting tips, visit our MLM Christmas Blog Tips at: http://mlmchristmascarol.com/the-seventh-day-of-christmas-prospecting-tips/

Happy Holidays and Happy New Year!

Why Use the F.O.R.M. Method When Talking To Prospects

Frank Kern’s 3 Magic Bullets Of Money-Getting

  • Posted on October 5, 2010 at 8:07 pm

Frank Kerns 3 Magic Bullets Of Money GettingI came across a blog post tonight (Ty Tribble) that talked about Frank Kern’s PDF – The Three Magic Bullets Of Money-Getting. Yes, you read that right…Money-Getting. I’ll briefly explain what He means by Money-Getting in this article post below.

Now if your any kind of a true Internet Marketer then you inevitably know who Frank Kern is. If not, well let me just say that he is a top earner in the industry and that he has a no bullshit kinda of mentality. Which is why I probably like him so much myself. With that said, let’s move on to the point of this post…
Now many Internet Marketers are busy doing busy work and not productive work. What do I mean by busy work? Well basically it’s work that doesn’t make you money.
Think about what you do throughout your day on a daily basis for your network marketing or MLM business? Now think about how much of that activity does not ‘show you the money’?

Hmmmmm…Let me explain it a bit differently.

For Example:

- Idol chit chat with other Internet Marketers and friends on Facebook and Twitter

- Watching videos on YouTube (not training videos)

- Making inspirational and motivational posts on social media daily

These do NOT show you the money!

So what should you be doing to make more money in your business? Frank simplifies three things for you.
Frank Kern’s 3 Magic Bullets Of Money-Getting:

  1. Get More Customers
  2. Sell More Stuff To Existing Customers
  3. Increase Frequency Of Purchase

So how do you apply these 3 magic bullets in your business? Simple if you actually use some common sense and think about it for a second…

  • You get more customers and distributors
  • You help you team members get more customers and distributors (rinse and repeat)

You call the people on your optins or any other list you have on a daily basis. You are not a sales person, but a recruiter looking for serious people that are looking to make a change in the quality of their life. You tell people about any products or programs that you have that can help them or any products or programs that your friends may have that can help them. After all this is a network marketing business of people helping people and that is how you grow your team.

There is a saying that successful Internet Marketers say…
“If you help enough people get what they want, you will get what you want.”
Remember YOUR time is valuable, so spend it actually making money. If you would like a free copy of Frank Kern’s PDF click here.

Training Webinars For Network Marketers

  • Posted on September 28, 2010 at 7:45 pm

I need your help with something. I want to hold more training webinars for online network marketers, but need your input. Which Day and Time would you like to see more training webinars?? Choices are below…


Training Webinars For Network Marketers

A Winning Team!

  • Posted on September 21, 2010 at 8:51 pm

A Winning Team!Many people have been in the network marketing industry for years, whether online or off-line. But most have never been on a winning team. How many people have you talked to that said that they had been in so many network marketing companies or MLM’s that failed? What is a winning team and why would you want to be on a winning team? I will explain about what a winning team is and why you would want to be on one, in this article post.
I know many people say they have the ‘best team’ in the industry or “theirs” is better.  You hear it all the time in this industry.  But with experience, comes the ability to cut through all that Internet noise and crap, whether it’s in the form of a video, or shows up as spam in your e-mail.
First let’s discuss what a winning team is.  A winning team has leaders on it that are successful and have the proof to back it up, by way of the number of recruits and their generated take-home monies.  A winning team’s leaders have mastered the art of recruiting, and have taught their people below them how to master the same task.  A winning team has many, many successful people on it, not just 1 or 2 successful people at the top.

A winning team works together to accomplish each other’s goals, and reaching success for all involved.  They train every new recruit along with their entire team on the methods, techniques and strategies used to be successful in their network marketing business.  You can sense the cohesiveness and excitement within a successful winning team.  No one forgets where they have come from, and they all help each other to reach success for the entire team.
Why would you want to be on a winning team?  Well, for the obvious reason of course… to be successful! You will know that if you are on, or just join a winning team that all these needs and goals will be met;

  • Training
  • Guidance
  • Mentoring
  • Team Support
  • Help with Any Struggles Along the Way
  • Coaching You to Success
  • Teaching You How to Do The Same for Other New Members
  • Team Cohesiveness And Working Together Like You’ve Never Seen Before
  • All of Which Gives SUCCESS to All Involved

I have been fortunate enough to come across four of these teams in the past year, all within a couple of months of each other, BUT especially one in particular.
If you want to see what a winning team leader looks like after massive success, take a look at a guy who is a ‘nut’ and has gone ‘bananas’… David Wood.

I hope this article post has helped you in some way. Please feel free to Retweet it or share this article post, and please feel free to leave a comment.

A Winning Team!

Live The Dream Event – Don’t Miss This!!

  • Posted on September 14, 2010 at 12:51 pm

Live The Dream Event – Don’t Miss This!!

The “Live the Dream Event” being held in Las Vegas on October 2 and 3rd, is the largest International gathering of the Top Internet Marketing Leaders in the Industry. In This article I will explain what you can expect and what you will experience at the “Live the Dream” Event on Oct 2nd and 3rd.

What is the “Live the Dream” Event all about anyways? It is an international gathering of the Top Online Network Marketers and Leaders in the Industry. These leaders will take turns speaking over the period of a couple of days teaching you extremely valuable and informative tips, tactics, and strategies that they personally use to be successful. They will guide you and inform you of what is working now and what is not online.  They will give away valuable precious nuggets of information and insider secrets that you will not get anywhere else. People pay thousands for this kind of information that you can get for just a couple/few hundred.

Events are where the magic happens.  Just ask anyone who’s getting the type of results that YOU desire in your business.  Events are absolutely critical to the success of your enterprise, which is why the “Live the Dream” event slated for October 2nd & 3rd in Las Vegas isn’t really an option if you’re serious about success,…it’s essential!

If you’re not making at least 5-figures a month with your business, you need to be present at this event, period.  NO EXCUSES!

So who will be some of the speakers? Well, Top Leaders like Mike Dillard, Todd Falcone, Nicole Cooper, Daegan Smith, David Wood, MJ Durkin, Cedrick Harris, Tracey Walker, and more!

Why you can’t afford to miss the “Live the Dream” Event? You will make contacts; connections and friendships that will not only last for years to come, but will greatly boost your Success and Income online.  Imagine what it could do for your future success if you were seen in pictures and video with top leaders in the industry?  How much more credibility will you have acquired when top leaders are giving video testimonies about you.  Think just how many insider secrets you could learn or how many future mentors you could meet and connect with at an event like this?

This will be an incredible 2-day training that you simply can NOT afford to miss because it has the potential to catapult your business to $6-figures+ in 2011!

The amount of knowledge present in the same room would be phenomenal.  There has never been an international gathering of all these top industry leaders, in one place, at one time, ever!  People pay $5,000-$20,000 for an event like this and still take away less than half of what you will take away at the “Live the Dream” Event October 2 and 3rd.

This is why you need to get your tickets NOW for this event.  For more information click…“Live the Dream” Event.

Live The Dream Event – Don’t Miss This!!

Live The Dream Event – Don’t Miss This!!

Get Your Tickets Here!

The How and Why of Prospecting

  • Posted on September 1, 2010 at 3:50 am

The How and Why of ProspectingIf you are a network marketer, whether online or offline, there will come a point and time when you will need to pick up the phone to call and talk to your prospects. It is at this very point where most network marketers fail.

They fail either because they have no idea of what to say and do once they get a prospect on the phone, or because they will not even pick up the phone in the first place. Why is this?

Many network marketers have an over-whelming ‘fear’ of the phone. It is because of this ‘fear’ that many network marketers do not even attempt to pick up the phone in the first place.

  • A fear  of saying the wrong thing
  • A fear of rejection
  • A fear of making a mistake and looking like a fool in the eyes of the prospect

The funny part is, that the prospect more than likely has no idea how to prospect themselves,  so therefore had no idea that a mistake was even made. Besides if you think about it…your on a phone,  not face to face. So it’s not likely the prospect’s ever going to see you again.

You see it’s our fears that hold us back from becoming better, and becoming all we can be. It all started when you were little. Getting picked on by siblings or playmates, and continued all the way through our school years. But it is those who rise above their fears and face them head on,  bettering themselves, that become the winners in life and in business.

So why do prospecting in the first place? Is it to torture us network marketers? No, you need to do it because it is the life blood of your business! And without prospecting, your businesses would not grow and you would not make any money. And after all, isn’t that why you chose to do network marketing and working from home in the first place? So you could make money?

So no matter what your reason is, if you do not pick up the phone and talk to prospects,  your business will fail and die. How do you learn the proper techniques of prospecting? Here is a great starting point. In ‘The Little Black Book of Scripts’ you will receive hours of prospect training that teaches you the proper techniques and strategies used by top leaders in the industry. Study it, learn it, practice it, and do it. Rinse and repeat. There is no short cut to success!

“If you listen to your fears, you will die never knowing what a great person you might have been.”  ~ (Robert H Schuller)

I hope this helped you to take one more step towards success in your network marketing business.



The How and Why of Prospecting

The What, Who, And How of Internet Marketing

  • Posted on August 11, 2010 at 4:04 pm

The What, Who, And How of Internet MarketingMany new people going into Internet marketing have no idea about the basics of what they are doing.  In this article post I will explain about the proper what, who, and how of Internet marketing.

Now I know that most new Internet marketers are told to go out and market their primary opportunity.  And when you asked most newbie Internet marketers ‘what’ they are marketing, they will tell you the name of their primary opportunity.  And this is exactly what they were taught as well.  But this is absolutely, 100%, the wrong answer!

So what’ should a newbie Internet marketer be marketing?  Themselves or their self brand and nothing else.  This is the ‘YouInc’ factor of Internet marketing and/or  ‘self branding’.  You first and foremost brand your self as a leader in your industry and nothing else. You learn and do all you can, so you become of value to others in your industry.  Being knowledgeable and valuable in your industry gives you the ability to be seen as a leader.  So you brand your self as a valuable leader in your industry, and you market your self, group, or team.  People buy people, not companies, opportunities or compensation plans.

The concept of self branding opens the door for a whole another topic and article post.  So more on that a different time.

Now let’s go to the ‘who’ of Internet marketing.  Do you know who your target market is?  This is the ‘who’ of Internet marketing.  It’s your target audience, or who you are trying to market to.  Now most people have no clue as to the techniques used to acquire a specific, and proper target market. And again this goes back to how they were taught to do things in Internet marketing.  It is not your friends, families and neighbors as many have been taught by their predecessors.  This kind of marketing will only land you a spot in the ‘NFL‘ club or no friends left club.

If you are in Internet marketing and you have branded your self as a leader, then you are more than likely looking to Internet marketers as your target market.  Now understand this totally depends on what you are marketing.  If you are marketing toilet seats and toothbrushes, your target market is not Internet marketers. The methods used to find your target market are again a topic for another article post.

So let’s move on to the ‘how’ of Internet marketing.  There are basically three methods you can use to market.

  • The paid methods, like pay-per-click, which can get very expensive very quickly
  • The free methods, which obviously take much longer to accomplish your goals
  • A delicate balance of both, paid and free methods, depending on your budget

Now not to sound repetitive here, but the ‘how of Internet marketing is a topic for a whole another article post.

But let’s recap for a minute. You need to market ‘you’ as a leader, which is your what’ of Internet marketing.  Your target audience is the ‘who’ of Internet marketing. And paid, free, or a combination of both methods is the ‘how’ of Internet marketing. Until you get the what, who, and how down correctly for Internet marketing, you should go no further or you will just be wasting both your time and hard earned money, with very little success.

I hope this article post was helpful in getting you started in the correct erection, for your new Internet marketing career.

The What, Who, And How of Internet Marketing

Internet Marketing Newbies And Feeling Over-Whelmed

  • Posted on July 20, 2010 at 3:13 am

Internet Marketing Newbies And Feeling Over WhelmedI know when a person is new to Internet Marketing, they quickly feel over-whelmed. And justly so, I might add.

When a newbie starts on the Internet they either get no help at all or way too much guidance. If they joined an great team or group, they are handed hour upon hours of training videos to watch and then do themselves, then there is all the Internet noise to contend with. 97% of all newbies will fail in Internet Marketing within their first year as it is.

So what is a new person suppose to do??

My friends Staci and Luke have put together a great duo of both a post and a video to help you sort it all out.

So take a look at MeetStaci.com, and I hope this helps many of you new people out there that are struggling and confused.

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