Our culture seems to make everything available seven days a week, twenty-four hours per day. People who once rested on the weekend now use that time for many activities and chores. Our lives seem to contain endless work. All of us must become conscious of the scope of damage that this stressful, materialist cycle has ...
Read More »Martial Arts Management
Twenty Mistakes School Owners Make, Part 1
Although experience is the best teacher, I believe that most established business owners would want new business owners to avoid falling into the traps that can appear on the way to business success. I am confident you will avoid some of my mistakes, twenty of which I’ve gathered in a series of articles; this column ...
Read More »The Seven Laws of Mental Mastery Part 1
The Law of Cause and Effect The Law of Cause and Effect says that for every effect in your life there’s a specific cause. If there’s an effect in your life that you want more of, you merely need to trace it back to the causes and repeat the causes. If there’s an effect ...
Read More »Protect your Assets with the Right Business Entity, Part 3
This is my third column about the various entities under which you can do business and protect your assets. In part three, I explain Family Limited Partnership and the first of three types of Trusts, the Irrevocable Trust. Family Limited Partnership A “family” limited partnership is a variation of a limited partnership. The term “family” ...
Read More »Time Integrity for Entrepreneurs: Mental Time Leaks, Part 1
It’s your nature, as an entrepreneur, to want to create and manifest new things, consistently. It’s not that you don’t have great ideas and projects you want to accomplish and people you want to help; the problem is that you have no time to do the extra things in life that you would like to ...
Read More »Listen to a Great Interview with Jhoon Rhee, Martial Arts Grandmaster and Living Legend, and Learn Many Valuable Lessons from his Life and Achievements, Part 1
In the July and August NAPMA Resources Kits, all NAPMA members received parts 1 and 2 of an interview by Rob Colasanti with my instructor Jhoon Rhee. Jeff Smith and I have been associated with Jhoon Rhee for 45 and almost 40 years, respectively. If you are a NAPMA member, then pay close attention to ...
Read More »What's Your Net Worth?
My Ultimate Martial Art Marketing Bootcamp is an intense 30-hour weekend for school owners looking for ways to move their schools to higher levels of growth and profitability. What began as nothing more than a footnote, during my agenda preparation, became of the greatest value to all the participants. In fact, they told me unanimously ...
Read More »Protect your Assets with the Right Business Entity, Part 1
As I wrote in my August/September column, the best way to keep what you have is not to have anything in your name. To implement that strategy, you must choose the right business entity (or entities) to limit exposure of your assets to (successful) lawsuits and separate your asset ownership. This month, I’ll explain Sole ...
Read More »Martial Arts Professional Asks… Bill Amelio, 2nd-Degree Black Belt and CEO of Lenovo
One of the challenges of martial arts professionals and school owners is a resistance to change. Do you believe in change, if it makes sense? Absolutely. The world is changing around us and if we aren’t able to adapt to that change, then we’ll perish. As Tony Robbins says, either grow or die. Just as ...
Read More »Hiring from Within
Everyone knows the rule that you should “grow your own” staff, but don’t forget the lessons that are plainly obvious. This is certainly a rule that can be broken from time to time, but let me remind you what you already know about martial artists. As employees, they tend to be very self-righteous; they shouldn’t ...
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