As business owners and entrepreneurs, each of us invests our time and money in information. Each month, you receive a massive amount of materials from various sources: wisdom, techniques, ways to market, ways to earn money and tips on how to make your business more successful. You may go to conventions and seminars and invest ...
Read More »Martial Arts Management
Tactician to Strategist—Part 1
During the next two months, I’ll focus on a critical transition in the life of a martial arts school. The transition is the one that takes the school owner from being a tactician to being a strategist and frequently takes us away from what we love the most, teaching classes. First, I want to set ...
Read More »Confident Sales Management
I called an insurance agent the other day to find out about rates for my new office building. From the lady who answered the phone, I found out much more information than I needed or wanted to know about the agent and his whereabouts. It seemed that he liked to take long lunch hours with ...
Read More »Important Issues for Large School Operators, Part II: The Non-Compete Clause.
As a school operator, you will eventually begin to add staff and, as your school grows, that will likely not only involve hiring administrative support, but also adding assistant instructors and possibly even head instructors. As a single school expands beyond 200 active students, or as you branch out into a second, third or ...
Read More »From Motivation to Motive-Action
With the passing of every New Year, you must understand the magnitude of social and economic changes in the world. In the past, change in business and social life was incremental and a set of personal strategies for achieving excellence was not required. Today, in our knowledge-based world, where change is the rule, a set ...
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 2
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 coming up on 40 years, respectively. If you are not a NAPMA member, then you ...
Read More »When your income goes up…your taxes don’t necessarily need to follow suite
I was involved in a pretty toxic IRS audit of the tax return of one of my clients (a plumber who was operating his business as a Sole Proprietorship) a while back. The auditor seemed pretty intent on not allowing his business deductions as business expenses because, although his income had been steadily going up, his ...
Read More »Conditions of Learning, Part 2
This month, I want to continue my presentation of the Conditions of Learning by focusing on goal setting as it relates to teaching. Most of us think that we have a rather good notion of how to engage in goal setting. After all, we reached Black Belt and beyond, and we run our businesses successfully. ...
Read More »What If There Was A Recession! But You Didn't Attend?
This is a brief excerpt of my in-depth Inter-view with Dan Kennedy. You can read the entire interview and participate in a live call, with Dan Kennedy and me, on July 15. Visit NAPMA.com/DanKennedy to register.Stephen Oliver: Let’s start with the so-called elephant in the room: the economy and the dreaded “R” word. Economists recession ...
Read More »Just because your Income Increases Doesn't Mean your Taxes Should Too
I was involved in a rather toxic IRS audit of one of my client’s tax return (a plumber who was operating his business as a sole proprietorship). The auditor was intent on not allowing my client’s business deductions because, although his income had been steadily increasing, his expenses had increased also. This had happened largely ...
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