"Interestingly, koi, when put in a fish bowl, will only grow up to three inches. When this same fish is placed in a large tank, it will grow to about nine inches long. In a pond koi can reach lengths of eighteen inches. Amazingly, when placed in a lake, koi can grow to three feet long. The metaphor is obvious. You are limited by how you see the world."
-- Vince Poscente

Friday, June 22, 2012

Check out: The Three Biggest Myths About the S.B.A.

Check out this great article by Ami Kassar of The New York Times about the S.B.A. ... very informative...

The New York Times, June 19, 2012
The Three Biggest Myths About the S.B.A.
By: Ami Kassar

I want to share with you what I consider to be the three biggest myth about the Small Business Administration. But let me be clear: I am a big supporter of the S.B.A. My company, MultiFunding, brokers loans, and we put about 25 percent of our clients into S.B.A. loans. I think it's a good program with a lot of eceonomic benefits. It's also terribly misunderstood by many of the small-business owners we talk to.

So let's debunk some myths.
  1. The S.B.A. Lends Money.
  2. When the S.B.A. Guarantees a Loan, There is No Need for Collateral.
  3. S.B.A. Loans Are as Easy to Get as Other Commercial Loans.
To read the full article Ms. Kassar's debunks... click here.

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Son Isaac on Camel in Tangiers

Son Isaac on Camel in Tangiers
"Sometimes your only available transportation is a leap of faith."-- Margaret Shepard