Leo Kanell

Tag: Startups

  • The New American Dream

    The New American Dream

    Decades ago, the American dream was to get to the middle class, have a good job, build up some retirement and the crowning achievement was to own your own property and home.  In the 1700’s and 1800’s, the dream was to have your own land that you could work, build up some crops, become self sufficient and raise a good family.  For millions of immigrants leaving Europe and other parts of the world this was so much more than they could hope for when compared to the feudal system type life in their own country.

    Fast forward a few decades and owning your home is  far from the American dream, in fact owning a home is not really the investment that so many believe it is.  If you pay cash for your home, you may feel great about owning your home free and clear, on the other hand if you were making 10% on that same money then you’d actually be making real progress and position yourself to build wealth and in that same time you’d “own your home free and clear,” then you’d be in a position to own 3 to 4 homes of the same value, that is the power of compounding investment income.

    So stop doing something you hate, quit that job, and take action, the first step is to become an expert in a field that you know well and can provide a unique product or service for.  Avoid trying to start a business or venture in an area that you do not have strong expertise in.  One of the biggest mistakes I see is when people go start a restaurant and they have absolutely no experience in the realities of the restaurant industry.

    All that said, it is not necessary to be the main business owner, maybe you should partner up with someone who brings different strengths and skills to the table or sometimes it is better to find an opportunity that you can join up in within the confines of a new startup and grow with that business.  Bottom line, get started now and build your business or join a new business now!

  • Live Events Can Change Your Life

    Live Events Can Change Your Life

    So I recently attended Brendon Burchard’s Expert’s Academy and I have to say it was an absolutely life changing experience.  Brendon Burchard is a New York #1 selling author of such books titled:  “the Millionaire Messenger,” “Life’s Golden Ticket,” “The Motivation Manifesto,” and several others.  Being around Brendon can truly change your life and the way you think.  He is essentially a Tony Robbins type with incredible ability to teach and engage an audience.  In reality I have not attended a lot of live seminar events and I have certainly never attended one that lasted 4 entire days.  I was definitely drinking the cool aide, we went all day from 9 am to 7 or 8 pm for 3 and a half days and I loved every minute of it.

    For all of you negative haters and cynics out there may I just say that the real “scam” nowadays is in the incredibly large corporate advertising by huge conglomerates that push their unhealthy, life killing foods on us, it is not those dynamic entrepreneurs who are trying to change lives for the better.  Brendon tells her personal story which is incredibly inspiring because he has not had an easy life at all.  In fact he grew up in a small town in Montana by the name of Butte, it is an old mining town from the glory days of copper and has scores of radioactive waste just a few miles from where he grew up.  His family was tight-knit and he recalls vividly one winter when the furnace died amid temperatures of -40 degrees and his family had to set up tents in their family room and huddle up together in order to avoid freezing through a terribly cold winter.  A few years later when he was a freshman in college his girlfriend discovered beer and boys all in the same night and he lost the woman he though was his one true love.

    Fast forward to that summer and he was busy trying to forget her a world away in the Dominican Republic where he had taken a job for the summer.  He and one of his fellow workers were involved in an accident on a poorly lit road at night and Brendon could have easily died, when he awoke with glass and blood all  over him and carefully got out of the car where the windshield had been he had 3 questions pop in to his mind, “did I really live?  did I openly love? and did I even matter?  At some point we will all become painfully aware of our mortality and have to come to grip with these types of questions.  Change your life now, don’t wait  for a moment like that, life is too short.  Brendon’s Experts Academy teaches that we all have a voice and a message like that can absolutely change people’s lives and when I first read that I didn’t really believe it, but after interacting with some of the best people I have ever met I truly do believe it.

  • Fundability

    Fundability

    Fund • a • bil • i • ty – [adj. Fuhnd-uh-bil-i-tee]
    You won’t find “Fundability” on Dictionary.com, so don’t bother looking. Fundability is a phrase we’ve coined to describe how a business measures up in relation to the entire business lending and investing community.

    If you want to have the business of your dreams then often you need quite a few things to make that happen such as:

    • Equipment
    • A Better location
    • hire more Sales people and employees
    • run massive marketing campaigns
    • buy inventory

    Just to name a few, the common denominator with each item necessary to build the business of your dreams is that they all take a lot of capital and so that is why it is so important to be fundable so your business can qualify for the money it needs to become the business that will make your family proud of you.