Wednesday, August 30, 2006

Mazzante Fessler News Articles - Saving for College

Mazzante Fessler News Articles - If they gave out scholarships just for being wonderful, no doubt your child would have all the money she needs for college. But, in reality, the competition for scholarships (merit-based and need-based money you don’t have to pay back) and grants (need-based money you don’t have to pay back) is fierce, so you’re better off not relying on them as a source of income. “Not unless your kid is in the sixth grade and is seven feet already and can dunk the basketball — or plays Carnegie Hall,” says Joseph Hurley, founder of the financial-information website Savingforcollege.com. While you might consider using retirement funds for your children’s education, think carefully about that before forgoing plans geared specifically for college, you cannot easily borrow from your 401(k), and you might have to pay income tax on money you take out of an IRA prematurely. So shoulder the burden of college bills by putting money in one (or several) of the following three most popular plans.

529 Plans
Named after the Internal Revenue Code Section 529, 529s are state-run, tax-advantaged college savings accounts. At least one — or, in most cases, two — are operated by every state. They come in two varieties: a prepaid tuition plan and a savings plan — both tax-free when you withdraw the money for college. Neither 529 plan limits how much you can contribute annually, although they both have an overall limit, which can be as much as $300,000 per beneficiary. And the money is tax-free when you use it for education (but be warned: Tax laws can change).

Keep in mind that if you don’t use the money for college, there are penalties. “If you think there is a decent chance this money is not going to be used for college, then a 529 is probably not the vehicle for you,” says Kathy Kristof, author of Taming the Tuition Tiger: Getting the Money to Graduate With 529 Plans, Scholarships, Financial Aid and More. And each state (or the broker hired by the state to manage the plan) charges fees for opening and maintaining an account, as well as for many other investment activities. Sometimes those fees make the effort less worth your while.

Both Kristof and Hurley recommend that when you start shopping for a 529 (compare them all at Savingforcollege.com), you start by looking at your own state’s plans. You’re not required to enroll in your local option, and sometimes it’s not the best one out there. Investment options, fees, restrictions, and plan performance all vary, so do a little comparison shopping (in and out of state) before signing up.


Source: aol.com

About Lou Mazzante and Lee Fessler: Lou and Jean Mazzante lead MIMS. Lou and Jean Mazzante attribute their entrepreneurial success to hard work and being able to learn business proven leadership principles and mentorship. Lee and Linda Fessler lead Fessler International. Lee and Linda have created many successful business ventures.

Friday, August 25, 2006

Mazzante Fessler News Articles -How men and women use their time

Louis Mazzante and Lee Fessler News Articles - Working women are spending about an hour more doing housework and taking care of family members each day than working men do, according to a new report released by the Department of Labor. At the same time, men are putting in more hours at work.

The recently released "American Time Use Survey", based on U.S. Census Bureau interviews with 21,000 people on their activities during one 24-hour period last year, is the government's first comprehensive study revealing how Americans spend their time. The survey analyzes what we do with our time: working, caring for others, caring for ourselves, caring our homes, shopping, relaxing, and keeping in touch with others.

In percentage terms, the areas where working women and men differ the most are housework and taking care of family members. On average, about 84 percent of women and 63 percent of men spent time on housework. In terms of hours logged, working women do almost twice the amount of childcare as working men-44 minutes versus 23 minutes. These working women also spent significantly more time, almost 50 percent, shopping.

The study seems to show that dual income families continue to follow the traditional husband-wife roles, with the wife continuing to take greater responsibility for the maternal role - spending about an hour and 20 minutes more each day maintaining the home and family, and about an hour less at work. "The results of the study are hardly surprising," says Lena Bottos, senior compensation analyst at Salary.com. "Women have made headway over the years in becoming equals in the workplace, however they are still primarily responsible for traditional housewife duties."

Some mothers have made the interesting observation that having children may help them become more effective at the office because having a child forces you to learn how to get things done quickly and efficiently. "It's about multi-tasking. Multi-tasking is an unavoidable part of the equation when you are a mother," says Lisa Callahan, a working mother and employee at a New England business services company. Now that she has a baby, she spends slightly fewer hours at work but makes the most of the time she is there. "When you've washed the dishes, set the table, done the laundry, put 'Barney' on, cooked dinner, and changed diapers all while making sure the two-year old isn't jumping off the coffee table, a day at work is nothing," says Callahan. She is convinced that because of what she has learned dealing with parenthood, her "productivity on the job is way up from before."

Most men we talked with shrugged off the difference between the genders in time spent working. Kevin McCarthy, a dad who works more than eight-hours a day, says, "I think it all evens out in the end and it really just matters if you're getting your work done." Although this sentiment is shared by many, Bill Coleman reminds us that "7.1 hours per day is about 12% less than 8 hours per day. This difference in time at work is reflected in the average pay for women versus men."

The average hours per day spent working-8.0 for men, 7.1 for women-took some by surprise. What about those 10-hour days they have been putting in, they reasoned? In fact, while studies from the Bureau of Labor Statistics acknowledge that the rolls of workers putting in many more hours a day have increased, so too has the number of workers putting in fewer hours. This has left the averages generally unchanged.

Source: Aol.com

About Lou Mazzante and Lee Fessler: Lou and Jean Mazzante lead MIMS. Lou and Jean Mazzante attribute their entrepreneurial success to hard work and being able to learn business proven leadership principles and mentorship. Lee and Linda Fessler lead Fessler International. Lee and Linda have created many successful business ventures.

Wednesday, August 23, 2006

Mazzante Fessler News Articles - Ohmigod, teens are so over e-mail!

Louis Mazzante and Lee Fessler News Articles - E-mail is so, like, 2005. Just ask the kids: A recent ComScore Media Metrix report shows teen usage of Web-based e-mail dropped 8 percent last year.

In search of a faster, more fluid way to communicate with friends, today's so-called "instant generation" is turning to text messaging and IM instead.

The growing trend spells good news for mobile operators, who last year raked in $70 billion in text messaging revenues worldwide, according to technology research firm Gartner.

But it could spell big trouble for Web portals, which depend on e-mail for much of their traffic. According to Hitwise, a research company that tracks Web traffic, Yahoo and Microsoft got more traffic to their e-mail Web sites than their main portal pages.

With charges of up to 15 cents per outgoing and incoming message, it's no surprise wireless network operators are making lots of money from the billions of emoticon-packed text messages young users churn out on their cell phones each year.

Among parents, text-message charges are controversial, if only for the end-of-the-month shock when they receive their bill. But to their credit, mobile operators have gotten smarter about the way they charge young customers for text messages - many are now pushing affordable monthly plans, instead of the more traditional (and pricey) pay-per-message fees.

Texts are for kids
"If I want to send quick messages to my friends, I text," says Bruhis in a rare phone call. "E-mails are more for work and school."

Bruhis isn't alone. According to a recent Pew Internet & American Life Project report on teens and technology, nearly two-thirds of teen owners of cell phones use text messaging.

Getting the instant message, too
And when kids aren't on cell phones, they're probably using instant messaging instead of e-mail. The same Pew report found that 46 percent of teens who are online chose IM over e-mail as their preferred method of written communication with friends.

Text messaging and instant messaging sound pretty similar - and in fact, they're converging on cell phones, creating another way for wireless carriers to profit. Many also offer young customers mobile versions of IM services like AIM, MSN and Yahoo Messenger. Often, these are being marketed in the form of monthly plans as well.

"I really don't think e-mail's going to disappear anytime soon," says Madden. "But for social interactions, it's definitely no longer the bread and butter for teens."

Source: Cnn.com

About Lou Mazzante and Lee Fessler: Lou and Jean Mazzante lead MIMS. Lou and Jean Mazzante attribute their entrepreneurial success to hard work and being able to learn business proven leadership principles and mentorship. Lee and Linda Fessler lead Fessler International. Lee and Linda have created many successful business ventures.

Sunday, August 20, 2006

Mazzante Fessler News Articles - Karr on flight to Los Angeles

Fred and Linda Harteis, “ Change is an inside job. That’s why so few embrace positive and productive changes in their lives. They prefer to look at others, first. Leo Tolstory explains it this way…”

“Everyone thinks of changing the world, but no one thinks of changing himself.”
- Leo Tolstory


Quixtar diamond ibo’s Fred Harteis and Linda Harties are members of IBOAI

IBOAI, the official trade association of Quixtar Ibo’s, serves and protects the business interests of independent business owners. Association leadership includes Greg Duncan, Don Wilson, Billy Florence, Jody Victor.

About Quixtar Diamond ibo leadership: Billy Florence leads Team Dream Chasers (DCI) and owns Billy Florence’ Equad News . Fred Harteis owns Harteis International. Don Wilson leads legacy business group. Jody Victor is president of Markerman Productions.


Diamond leadership IBO key words: Billy Florence & Jody Victor,, Quixtar MLM, Randy Haugen, Colombo DiSalvatore

About Lou Mazzante and Lee Fessler: Lou and Jean Mazzante lead MIMS. Lou and Jean Mazzante attribute their entrepreneurial success to hard work and being able to learn business proven leadership principles and mentorship. Lee and Linda Fessler lead Fessler International. Lee and Linda have created many successful business ventures.

Thursday, August 17, 2006

Mazzante Fessler Sports News - Bonds trainer mum on steroids question

Louis Mazzante and Lee Fessler Sports News - Barry Bonds' personal trainer refused to tell a grand jury Thursday whether he gave the slugger steroids, but a federal judge did not jail Greg Anderson for contempt of court.

U.S. District Judge William Alsup rejected prosecutors' request to hold Anderson, saying he must review the transcript of the brief grand jury hearing and hear arguments from lawyers. He ordered Anderson, 40, to return to court Aug. 28.

The contempt hearing was the first time prosecutors publicly revealed they are targeting Bonds in the probe connected to the Bay Area Laboratory Co-Operative performance-enhancing drug ring linked to some of the world's top athletes, including Yankees star Jason Giambi and sprinter Tim Montgomery.

On Anderson's fourth appearance before a federal grand jury, he answered basic questions, including his name. Until now, he had answered no questions.

To read this complete Mazzante Fessler News visit our news partner at:

http://news.yahoo.com/s/ap/20060818/ap_on_sp_ba_ne/bbo_bonds_steroids

Source: Yahoo.com

About Lou Mazzante and Lee Fessler: Lou and Jean Mazzante lead MIMS. Lou and Jean Mazzante attribute their entrepreneurial success to hard work and being able to learn business proven leadership principles and mentorship. Lee and Linda Fessler lead Fessler International. Lee and Linda have created many successful business ventures.

Tuesday, August 15, 2006

Mazzante Fessler News Articles - Take control of your vacation

Louis Mazzante and Lee Fessler News Articles - It's getting even harder for Americans to take a vacation. Almost 30% of workers plan to work while on vacation this year, according to a recent survey by CareerBuilder.com.

1: You deserve a break!
Not taking a vacation could be detrimental to your health. It's been reported that women who take at least 2 vacations a year cut their risk of a fatal heart attack by half.

Other studies have shown strong health benefits for men.

Taking a vacation can even help your productivity. According to the Work Life Family Institute, employees who don't feel overworked don't make as many mistakes on the job.

2: Talk it up
Make sure you let your colleagues and clients know about your vacation plans. You shouldn't have to keep your travel itinerary just between you and your travel agent, according to CareerBuilder.com. This will help to remind your co-workers that your personal time is 1) already scheduled and 2) a time clearly marked "personal."

Set the boundaries with humor. Tell your colleagues not to contact you unless someone's hair is on fire. "That can be a good way to set up the expectation that you don't want to be disturbed," says Kevin Salwen, the founder of Worthwhile Magazine.

3: Cross-Train
Of course no one can do the kind of job that you do, but having someone that you can train to fill in for you is invaluable. If you have a vacation on the horizon, you may want to mention to your supervisor the benefits of cross-training, like the opportunity for shared learning.

Make sure that when you leave for vacation, that your voicemail and your e-mail directs people to your replacement. You don't want to come back to an e-mail inbox overload.

4: Get your ducks in a row
The last few days before you leave on vacation can be a real crunch time. Make sure you make a list of what you need to accomplish both at your job and for your vacation. But you can avoid this situation. Download travel checklists to make sure you've covered all the bases. Microsoft Office for example has a number of templates for your adventures. Sewing up any loose ends at work means that fewer people will have reason to call you while you're away.

You can also log onto freetraveltips.com to get your travel checklist.

5: Set your boundaries
If you have to check e-mail, try to do it at the end of the day. It won't interfere too much with your daily schedule, and you'll be able to see how the problems that you normally handled, are handled without you, recommends Salwen.

If you're worried that you'll be buried once you get back to work on Monday, try to get back from vacation on Saturday or Sunday morning. This way you'll have enough time to clear out that inbox.

Source: Cnn.com

About Lou Mazzante and Lee Fessler: Lou and Jean Mazzante lead MIMS. Lou and Jean Mazzante attribute their entrepreneurial success to hard work and being able to learn business proven leadership principles and mentorship. Lee and Linda Fessler lead Fessler International. Lee and Linda have created many successful business ventures.

Saturday, August 12, 2006

Mazzante Fessler News Articles - Is Your Spouse Ruining Your Career?

Louis Mazzante and Lee Fessler News Articles - A spouse can be very important to your image and career. Your mate can either be a willing partner in your success and a positive reflection on you, or could keep you from achieving the career heights you aspire towards. If the latter describes your domestic situation, it may be time to examine your life, your career and your relationship.

Career Interrupted?
Here are some tips on addressing you partner's inappropriate behavior in the workplace:

1. Overindulgent Partier -- Does your partner don the proverbial lampshade at every company outing? Then it's time to pull him aside and let him know his antics are out of line. Guzzling "upside-down margaritas" may have been impressive in the frat, but in business it just makes you both look like buffoons.

2. Constant Caller -- Her lightning-fast calls to the office put speed dial to shame. Inform her that your company has a policy limiting personal phone calls (most companies do) and her hounding phone calls could get you fired.

3. Chicken Little -- He is forever cooking up emergencies at home to get you to ditch that client dinner or shorten you business trips. Remind him that his role at home is an important part of your job as well and that without it, your family would not be able to succeed.

Get to the Root of the Problem
Quite often, many mates' antics are just a way of acting out their frustration or may be desperate attempts to secure your attention. It's important for you to sit down with your spouse or partner and talk about the goals you have for yourselves and your family and what it's going to take to get there. You need to work on your relationship like you work on your career to head off any problems between the two.


Don't let your career take over your life. Be sure to set aside some time to spend together regularly.
Don't make your partner feel the need to compete with your career. Discuss your day with her -- good or bad -- so they don't feel left out.
Just because your career is fulfilling to you it doesn't mean it's fulfilling to him. Encourage him to set his own goals and achievements.
Perhaps a career coach can help. Amy Dorn Kopelan, founder and executive director of COACH ME, Inc., a non-profit organization that provides executive coaching to women in the early stages of their career who cannot afford it on their own, contends, "In many cases, people hold themselves back because they don't want to approach their mates and talk about what they really want."

Sometimes Professional Help is Needed
If the problem persists, Sue Murphy, Association Manager for the National Human Resources Association, says the employee may want to contact the company's Employee Assistance Program, where counselors can address the spouse's issues and behavior.

Today, more than 80 percent of Fortune's Top 500 have an Employee Assistance Program (EAP) in place, according to Katie Borkowski, professional services director of the Employee Assistance Professionals Association.

While sometimes it just takes a neutral third party to help you talk things out, some partner problems require more than counseling. In the case of the engineer, his wife eventually entered a mental health facility to deal with her issues. If your company doesn't have an EAP, often mental health services are often covered under medical insurance plans.

Source: Aol.com

About Lou Mazzante and Lee Fessler: Lou and Jean Mazzante lead MIMS. Lou and Jean Mazzante attribute their entrepreneurial success to hard work and being able to learn business proven leadership principles and mentorship. Lee and Linda Fessler lead Fessler International. Lee and Linda have created many successful business ventures.

Wednesday, August 09, 2006

Mazzante Fessler News Articles - Where the summer car deals are

Louis Mazzante and Lee Fessler News Articles - In the heat of summer, it's still a long time to New Year's Day. But for car companies next year is already here.

With the new model year's vehicles starting to trickle into dealerships, car companies need to clear out 2006 and even 2005 models that are still sitting on dealer lots.

That can mean bargains for car shoppers if they know where to look.

You're shopping for a car, not a deal. Even if you find a great deal on a car, take it only if you really want that car. You'll get that deal just once, but in four years you'll still be driving the car every day.
When choosing between a 2006 and 2007 model that are identical in every respect, take the 2006 only if the savings are substantial. Otherwise, the reduced resale value for the car that's one year "older" will eat up any savings.
When choosing between a 2006 and redesigned 2007 model, it almost always pays to buy the '07 even if the 2006 costs less. Because of the redesign, the 2006 will immediately look "out of date" and its value will plummet. Also, redesigns will usually include big improvements. You could be passing up better safety equipment, better ride and handling, more engine power and even better fuel economy with the newer model.

So far, the big incentive war hasn't started and it may not. General Motors, which led things off last year, has some zero-percent financing and cash-rebate incentives but nothing like last year's across-the-board "Employee Pricing" discounts.

Few deals for Chrysler, Dodge and Jeep This year, it was DaimlerChrysler's Chrysler Group, makers of Chrysler, Dodge and Jeep vehicles, that went that route. Chrysler "Employee Pricing Plus" program is scheduled to run for just this month. In a few cases, it has created great deals on cars that would have cost you thousands more without it.

However, some less popular models are actually costing customers more with "Employee Pricing Plus" than they were under incentive programs in place just before the program started, said Alex Rosten, manager of pricing and market analysis for the automotive Web site Edmunds.com.

Good time to buy the SRT-8 That means the deals could be good, but not amazing, on most Chrysler, Dodge and Jeep vehicles. But if you're considering one of the Chrysler Group's high-performance SRT-8 vehicles, this would be a great time to buy it, assuming you can find one on a dealer lot. Chrysler is also offering a 30-day "money back" satisfaction guarantee. There's no up-front financial benefit to that, but it should at least give you some peace of mind (though you do lose some fees if you return a car).

Ford offers good financing and free gas Ford is fighting back with its own "Drive On Us" program, which offers customers zero-percent financing and a prepaid debit card good for as much as $1,100 worth of gasoline. (Customers can also elect to take cash rebates in place of either one of those incentives.)

General Motors is offering incentives on specific vehicles and in specific markets. Sticking to its vow last year to stay away from big, splashy incentive programs, GM is keeping its incentives quiet and targeted to specific models.

Other vehicles on Consumer Reports "Best Deals" list for this month are the 2006 Buick Rendezvous CX AWD, with potential savings of almost $7,000; the 2006 Chevrolet Monte Carlo LT, with potential savings of about $3,000; and, from Chrysler, the 2006 Jeep Liberty Sport V6 4WD with potential savings of about $4,000.

Source: Cnn.com

About Lou Mazzante and Lee Fessler: Lou and Jean Mazzante lead MIMS. Lou and Jean Mazzante attribute their entrepreneurial success to hard work and being able to learn business proven leadership principles and mentorship. Lee and Linda Fessler lead Fessler International. Lee and Linda have created many successful business ventures.

Sunday, August 06, 2006

Mazzante Fessler News Articles - Get the Best Seat

Louis Mazzante and Lee Fessler News Articles - We've all been there -- the small child kicking the back of your seat, the lack of leg room, the war over the armrest. While there's no fail-safe way to guarantee that aisle seat in the exit row near the front of the plane with no one sitting next to you, we have some tactics that will help. Here are our tips for getting the best seat on the plane.

Join a frequent flyer program. This is the single most reliable tactic you can use. Providing your frequent flyer number at the time of reservation often guarantees you a good seat, especially if you are a loyal and frequent traveler. If you don't already have your seat assignment when you arrive at the airport, present your number at check-in.

Buy your tickets early. The number of seats available for pre-assignment dwindles as the travel date approaches. If you can't buy your tickets at least several weeks in advance, arrive at the airport early to secure the best possible seat.

Ask the agent for good seats. Sometimes, all you have to do is ask. If you have a medical condition, let the agent know. Most will do their best to accommodate you. Get to the airport early, or call on the day of travel. Many airlines release seats the day of the flight. They are yours if you're around to claim them. Approach agents in a spirit of understanding. They hear complaints and demands all day. Treat them like human beings, and they may surprise you.
Use a travel agent. They can often get seat assignments that the average traveler can't.

Try online booking engines, such as Priceline, Travelocity and Orbitz. Many allow you to select your seat from an interactive seating map. Of course, this works only for seats the airline has already released, but at least you get to choose.

For fliers who let more than just the lowest price dictate what airline they choose, an invaluable resource is SeatGuru.com. The Web site allows you to view and compare the seat plans of the most popular airlines and even check out what you can expect in the way of in-flight entertainment and whether or not you'll have laptop power at your seat.

What Makes a Great Seat? Typically, exit rows, aisle or window seats, and seats nearer to the front of the plane are considered the best. Be careful: not all exit or "bulkhead" rows are created equal. On some planes, the first bulkhead row may be cramped and uncomfortable. Often times you are better to head farther back on the plane.

On a short business trip, you probably want an aisle seat near the front of the plane. On an overnight flight, you'll want a window seat so you can rest your head. Nervous fliers may want to sit over the wing, where there is less turbulence. Rows near flight attendant areas and restrooms may be noisier and experience more traffic, and seats very close to cabin movie screens can be uncomfortable, or bright if you are trying to sleep.

Aircraft seat maps vary by airline and type of plane. If you know exactly what seat you want, it can be easier for agents to get it for you. Instead of asking for an exit row, or "a good seat," if you can ask for "12A," you're more likely to get what you want. Many airlines have online seat maps, go to our collection of Airline 800 Numbers and Web sites for information.

Source: Aol.com


About Lou Mazzante and Lee Fessler: Lou and Jean Mazzante lead MIMS. Lou and Jean Mazzante attribute their entrepreneurial success to hard work and being able to learn business proven leadership principles and mentorship. Lee and Linda Fessler lead Fessler International. Lee and Linda have created many successful business ventures.

Wednesday, August 02, 2006

Mazzante Fessler Business News Articles - 10 Lessons From 'Rich Dad's Before You Quit Your Job

Louie Mazzante and Lee Fessler Business News Articles - If you've ever toyed with the idea of starting your own company, what the heck is stopping you? The possibility of failure? Zero job security? The potential of going into debt? Lack of funding? Cluelessness about running a business? Sure, those are valid fears. But self-employment is always going to have its risks.

You might believe you just weren't born to be the Henry Ford of your time, but the truth is that anyone can be an entrepreneur, according to Robert T. Kiyosaki, author of 'Rich Dad's Before You Quit Your Job: 10 Real-Life Lessons Every Entrepreneur Should Know About Building a Multimillion-Dollar Business.

Lesson 1: A Successful Business Is Created Before There Is a Business
All too often, new entrepreneurs get so excited about a new product or opportunity that they forget to invest the time designing the operation around the product or opportunity. Before you quit your job, study the lives of industrialists and the different types of companies they created, Kiyosaki advises. Better yet, keep your daytime job while starting a part-time business -- for the experience. "Not only will you learn about business, you will learn a lot about yourself," he says.

Lesson 2: Learn How to Turn Bad Luck Into Good Luck
Rather than wallowing in the anger or sadness of making a mistake, take the opportunity to learn something new from that mistake and turn a bad experience into a good one.

Lesson 3: Know the Difference Between Your Job and Your Work
Work is what you do to prepare for your job, and doesn't necessarily mean getting paid. "Do your homework," Kiyosaki stresses repeatedly. Creating a lucrative enterprise entails five jobs: delivering a good product, knowing your legal rights, establishing a system, establishing communications and managing cash flow. If you aren't qualified to do all of these jobs, be prepared to work until you are or hire others -- such as an accountant and a lawyer -- who are.

Lesson 4: Success Reveals Your Failures
"Before quitting your job, know that your most important job is to develop yourself," Kiyosaki says. A business that is initially booming is still inclined to fail if the company does not continue to develop. It's not enough to cover every aspect of launching a business; you must constantly strengthen those elements in order to maintain the prosperity of that undertaking.

Lesson 5: The Process Is More Important Than the Goal
If you approach a business venture as a learning experience, rather than a get-rich-quick scheme, it will be that much easier to bounce back from mistakes and achieve long-term success. "High expenses are an everyday challenge in business," Kiyosaki says. Consult an experienced accountant before you begin to help you anticipate how much money you will need to both support production and cover additional expenses. If you're not willing to face these challenges, you should not become an entrepreneur.

Lesson 6: The Best Answers Are Found in Your Heart ... Not Your Head
Make it your company's mission to work for others, not just itself. Working towards a mission that goes beyond simply making money will ensure the best quality of work and greater likelihood of success.

Lesson 7: The Scope of the Mission Determines the Product
While designing your business, determine how big you want it to be. Deciding whether you want to own a small business or a big corporation will set the stage for how you produce and market your product.
Lesson 8: Design a Business That Can Do Something That No Other Business Can Do
"Simply put, focus all your efforts on your core strength, your unique product," Kiyosaki writes. Kiyosaki uses Domino's Pizza as an example of a business designed around a unique tactical advantage: offering a pizza in 30 minutes or less. By offering something no other pizza vendor did, Domino's immediately began taking market share from its competitors.

Lesson 9: Don't Fight for the Bargain Basement
"Ultimately, the most important job of an entrepreneur is to be first in the mind of your customers. Market your product as No. 1. "If you are not first in your category, then invent a new category you can be the first in."

Lesson 10: Know When to Quit
Sometimes it is best to cut your losses. Not everyone should be an entrepreneur, and only those who love it and accept it as an educational process should do so. Understand that becoming an entrepreneur is a process that involves failing. Certainly, Kiyosaki's mission in writing this book is to prevent others from making all the same mistakes he did, but there will be times when quitting will seem like the easiest and best thing to do.

Source: Careerbuilders.com

About Lou Mazzante and Lee Fessler: Lou and Jean Mazzante lead MIMS. Lou and Jean Mazzante attribute their entrepreneurial success to hard work and being able to learn business proven leadership principles and mentorship. Lee and Linda Fessler lead Fessler International. Lee and Linda have created many successful business ventures.