Tag: entrepreneurship
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Wealth: Net Worth and Liquid Net Worth
Assets – Liabilities = Net Worth (or Wealth) Use our Financial Position Worksheet to calculate your net worth. Liquid Assets – Liabilities = Liquid Net Worth Liquid assets are those which you can easily convert to cash, usually within a week, without much change in their value. That excludes your house and car from the…
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Happy Labor Day!
The first Labor Day holiday was celebrated on Tuesday, September 5, 1882, in New York City, in accordance with the plans of the Central Labor Union. The Central Labor Union held its second Labor Day holiday just a year later, on September 5, 1883. By 1894, 23 more states had adopted the holiday, and on…
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Four Concepts Wealthy Children May Know
We believe experiential learning is most effective in teaching financial concepts, though we accept each child learns differently. Here are four concepts to introduce to your children or loved ones: Counting coins and dollars to learn their value and how more units or heavier weight, does not mean more money. Exchange of goods and services.…
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9
Welcome to 2022. Today we are celebrating nine years in business and much has changed since my last post. We should first take this opportunity to express gratitude for life, and all that we have and have achieved. Survival isn’t guaranteed, though beating the odds gives us a chance it does not guarantee success. Though we…
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Capital, Access & Influence
Exploring and gaining experience in the many areas of business and finance continues to inspire my appetite for change. Since childhood I have pursued meritocratic environments. My athletic career has disappointed deeply in that area. Though I continue to find marginal success in different areas, the returns have not matched the investment or risk taken.…
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Coroebus’ First Olympiad
Coroebus’ first olympiad is complete. We have been operating for four years and continue to meet challenges as they come. Performance has been competitive, though scaling continues to be an area of focus as I continue to develop PythiaSM. In the area of portfolio management or investment management there is a continuing debate as to…
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Coming Soon: Pythia…
Coroebus is 3! According to the ancient poet Pausanius, Coroebus of Elis won the first gold medal of the ancient Olympic games in 776 B.C. by defeating his competitors in the stadion race. Taraje chose to name his business Coroebus to help fulfill a childhood dream to become the first male U.S. Olympic Champion in…
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Happy Independence Day!
As we complete our third year in business, I would like to take this opportunity to thank our clients, family and friends. It has been a difficult road but as we continue to meet the challenges we face daily, the aureate beacon of CWM continues to brighten. July 23rd marks the third anniversary of our Grand Opening…
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Time Value of Money Primer
Time value of money (TVM) is represented by the difference in value of some dollar amount of money or cash flow(s) over a period of time, assuming one can earn some sort of return on the money available. Simple interest is calculated on the principal only while compound interest is when one also earns “interest…
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Business Plans…
On May 3, 2013 I was fired from my previous position. When I got dressed that morning I chose my best suit, tie and pocket square, and made sure they coordinated perfectly. It was Friday and I knew my life was going to be different from that day on. After being escorted out of the…