Just in Time

Just in Time As the countdown to meltdown proceeds, BZK Press comes to the rescue just in time. Just as the specter of doubt, uncertainty and misunderstanding around money, finance and business is reaching its highest peak in recent times, BZK Press is re-releasing the most comprehensive and popular “How-To” series of books on personal finance, business and investing ever written: The Rich Dad Advisor Series. BZK Press is the NEW exclusive worldwide publisher or the Rich Dad Advisor Series As one of the original Rich Dad Advisors, I can tell you that as I travel the world every month, I see two things. I see people in confusion and doubt when it comes to business and finance. Their trust has been decimated and their faith in their institutions eroded. On the other hand I see individuals who are excited to seize the opportunity to build their own legacy of wealth through business and investing. In both cases, I am always asked for advice and my advice is always the same. I tell them that my Range Rover keys in the hands of my 9 year old is a disaster waiting to happen. If you don’t know how to drive, a car won’t help you.

Advice??? Get Educated!!!!

The good news is that the distance between you and where you want to be financially and emotionally is not very far. It is measured in the amount of time you are willing to procrastinate learning and applying the rules of wealth. The desire for the Series is overwhelming. Recently I was in Vietnam where they were hungry to lap up every skill we could impart to them. I was in Mexico where there was an air of certainty amongst over a thousand entrepreneurs who were determined to learn and apply immediately. On the other hand I was in Barcelona where the sense of urgency, focus and discipline seemed low, while now back in Hong Kong and Taipei wealth is building at great speeds. Where do you stand in this mix….? Or is it all passing you by? There has never been a more perfect time to learn in the midst of opportunities galore. However you have to get good advice, follow proven processes and be able to manage that Little Voice between your ears in order to not to get swept away in the chaos. Every place I go….people rush for the books! I am honored and excited to be part of re-releasing the already popular Rich Dad Advisor series of books and releasing a whole list of exciting new titles that will give everyone the “just in time” education they need to get onto their own “fast tracks” in business and finance. Armed with:

an aggressive calendar of live events to promote the series as well as
an impressive marketing fund derived from the sale of each book, as well as
an impressive track record of over 2 million copies already sold,

BZK Press is eager to work with you if you are book seller and want to drive sales in your arena. Check this site regularly for new updates, events, releases and new languages and feel free to submit any questions you have for myself, the rest of the BZK Press Team, Ken McElroy and Garrett Sutton, or any of the Rich Dad Advisors. Until then… be Awesome!

By Blair Singer

October 26, 2011 | Filed Under Blair SInger, Business Management and Success, BZK Press, Financial Education, Uncategorized | Leave a Comment

Tax Free Wealth Book is a Pre-Sale Success!

My first book, Tax Free Wealth, was recently published by BZK Press under the Rich Dad Advisors brand. It was a very interesting process to get the book written and published. Even more interesting was the marketing of the book before it was released.

I have a great team that worked with several of our affiliates to promote the book. We had such a strong response that we had to order a second run of 10,000 books the day the book was released due to the high pre-sales. We have some amazing affiliates that are so willing to promote the Rich Dad Advisor brand and have such great databases. It is very rewarding to see such an incredible response by both our affiliates and their members.

I loved writing the book and am so glad that people are reading it and enjoying it. The positive response to the information in the book, as well as to the stories that I share about my life, has been very gratifying. The message of the book, that the tax law is written to show entrepreneurs and investors how to lower their taxes, is so important and I’m looking forward to continued marketing and PR efforts to get the book into more hands. We already have substantial interest for the book in 8 additional countries.

By Tom Wheelwright, Tax Free Wealth Author

June 2, 2012 | Filed Under Business Management and Success, Taxes, Tom Wheelwright, Uncategorized | Leave a Comment

Run Your Own Corporation is Releasing in October 2012!

What comes after you have set up your corporation?

Run Your Own Corporation has the answers!

Garrett Sutton’s Run Your Own Corporation is a companion book to Start Your Own Corporation. It follows 3 entrepreneurs as they form, run and then sell their businesses over a 5 year period. Learn from the mistakes and observations of these business owners in the areas of Corporate formalities, employment issues, insurance, trademarks, payroll, contracts, business credit, IRS compliance, dealing with stock holders, attracting customers, social media, exit strategies and personal matters as they are related to running a business, piercing of the corporate veil, audits, and much more!

Save many sleepless nights and thousands of dollars while freeing yourself to focus on your strength – building your business! You need asset protection in our litigious society In this book, you will discover how to legally operate and properly maintain your company into the future.

Entrepreneurs won’t want to miss out on these real life lessons to avoid fines, audits, or worse, legal battles! Find Run Your Own Corporation in a bookstore near you, or online at www.Amazon.com or www.barnesandnoble.com.

September 7, 2012 | Filed Under Business Management and Success, New Releases, Uncategorized | Leave a Comment

Americans Don’t Understand Investing Basics

Financial newsletters and websites tend to leave out information about financial education. But don’t be too concerned because success is more about developing your own education than about getting the right advice.

I wanted to comment on some information I recently came across from the government talking about the education level of Americans (I encourage you to watch the video below). The SEC posted the results of numerous surveys and determined that US citizens have a very weak grasp of elementary financial concepts.

The government regulatory body FINRA stated that just 28% of the people that took their survey were able to answer basic financial questions. One of the problems that they allude to is that fewer than 1 in 5 teachers are competent in teaching about financial education.

I tend to agree and feel that not all knowledge is equal. I talk about this more in my Rich Dad Advisor book coming out in January 2013.

We need to consider if we are educating our kids on what is trivial or vital to their daily and long term happiness and success. I believe financial education is vital, especially compared to what is being taught in schools today. What are your thoughts? We would love to hear on the Rich Dad Advisor Facebook page at: We would love to hear on the Rich Dad Advisor Facebook page at: https://www.facebook.com/officialrichdadadvisors or my Facebook fan page at: https://www.facebook.com/RichDadAdvisor.

Written by: Andy Tanner

September 15, 2012 | Filed Under Andy Tanner, Educating Children, Financial Education, Uncategorized | Leave a Comment

The Next Bubble: Student Loan Debt Now Outranks Credit Card Debt

According to the WSJ article of August 9th, the average undergraduate loan debt, now stands at a whopping $30,500 (pre-interest). This is due in part to people seeking more education and retraining as well as some students opting to remain in college longer to avoid poor job prospects. College enrollment has tripled over the past four decades, “demand [for student loans] is driven by the cost of education, which has grown at an extraordinary rate over the past three decades.” Based on Consumer Price Index data, the cost of tuition and fees has more than doubled since 2000, and has outpaced inflation across all goods, housing, energy and health care.

Youth unemployment, estimated at nearly 20% among those below the age of 24 has been much higher than the rest of the workforce — creating an even more pessimistic outlook for student loan repayment. The share of federal student loan defaults rose significantly last year, especially at for-profit colleges and universities, where 15 percent of borrowers defaulted in the first two years of repayment, an increase from 11.6 percent the previous year.

By Ken McElroy

September 17, 2012 | Filed Under Ken McElroy, Student Loans, Uncategorized | Leave a Comment

How Do I Find the Right Tax Advisor?

flickr photo by john-morgan

There is a record of an ancient civilization where people were required to pay to their captors 50% of their earnings. They considered it a form of bondage, but we consider it a fact of life. As Americans, if you earn over $100,000 per year you pay far more than that in sales tax, social security tax, federal and state income tax, property tax and excise taxes.

I’m not against paying taxes for necessary government services. What I am opposed to is paying a dime more than I have to. Unfortunately, MOST OF YOU are paying far more than you have to because of poor tax advice.

The reality is that the Internal Revenue Code is full of opportunities to reduce your taxes. I know because I’ve spent nearly 30 years pouring through the code to find these opportunities, and I am continually learning new ways to reduce taxes. In the end, it is all a matter of understanding the law and applying it the way Congress intended. That’s right, Congress intended to provide tax benefits to companies and individuals who behave a certain way. Why? Simply because Congress intentionally uses the Internal Revenue Code as a way to promote social, energy, and economic policies.

HAVE OUTGROWN YOUR TAX ADVISOR? Is your tax advisor giving you the best advice? It’s hard to tell unless you are legally paying zero taxes. Otherwise, I recommend having another experienced tax advisor review your tax returns from prior years and assess your current tax situation. It may be that when you were a simple wage earner there were few ways to minimize your taxes. But now that you are you are investing in real estate in you own a business – it’s possible that YOU have outgrown your tax advisor!

Before you commit to another advisor, have them review your situation. Don’t be surprised if there is a cost involved. It may be worth it to find out if they can do anything different. While reviewing a tax return just the other day, I discovered that a prospective client was paying $60,000 more than he should in taxes. What would you do if I found $60,000 of ANNUAL tax savings for you? I hope you would sieze the opportunity and hire me.

Whatever you do remember, “If you always do what you have always done, you will always get what you have always got!” So, stop paying so many taxes that you feel like you are in bondage to the government.

By Tom Wheelwright

September 18, 2012 | Filed Under Finding the Right Accountant, Reducing Taxes, Tax Audits, Tom Wheelwright, Uncategorized | Leave a Comment

I’ve Set Up My Entity…Now What Do I Do?

flickr photo by Images_of_Money

After taking the correct and responsible step of setting up an entity to protect yourself, whether it is a corporation or LLC. The next plausible question is always:

“Now what do I do?”

That’s a great question! It is so pertinent and asked so often that I have written a new book to answer it. Run Your Own Corporation discusses the requirements and obligations you must deal with as you start and operate your entity.

A key point of the book addresses your responsibility to make your payroll tax payments. The IRS is very strict about this, which is why we cover the topic in a way that you clearly understand what is expected of you.

Failure to follow the rules can lead to civil and even criminal penalties. So we want you to be prepared.

IRS audits are also addressed in the book. The IRS has really increased their business audits. Run Your Own Corporation shares what the IRS is looking for and how to deal with them when being audited. (Hint: Be sure your CPA is at your side.)

Don’t worry, when you read my book you will realize that it isn’t that complicated. Although the payroll tax rules are strictly enforced and IRS audits appear daunting, the book clearly explains what you need to do. Other businesses and investors have dealt with the same thing many times and turned out fine, better than fine sometimes, and so can you.

Similarly, the book stresses the importance of having a bookkeeper handle some of these filing requirements. Consider your situation. You are good at what you do. To grow your business you need to go out and do a lot more of that. Do you have the time to also do bookkeeping? Think of the opportunity cost involved: Doing the books yourself; which may drive some hard charging entrepreneurs nuts, versus having another capable person do them so you can spend more doing what you are best at – running your business.

Run Your Own Corporation deals with these and the many other issues involved with properly running your entity from start to finish. For more information on the book please check out the short video below:

Find Run Your Own Corporation in a bookstore near you, or online at www.Amazon.com or www.barnesandnoble.com.

By Garrett Sutton

September 20, 2012 | Filed Under Business Management and Success, Financial Education, Garrett Sutton, Uncategorized | Leave a Comment

Bartering and Exchange

flickr photo by william.neuheisel

What do our 2011 Real Estate Guys Summit Cruise and 2012 Burning Man have in common? More than you think. Allow me to bring you insights from my recent barter and exchange experiences at these events. With economic uncertainty comes a possible increase in bartering, and there are currently many bartering and exchanging outlets.

In 2011, Josh and I attended the Real Estate Guys Summit Cruise. The cruise is a great way to learn new skills, pitch ideas, and enjoy the gorgeous Caribbean while meeting fantastic people. As part of the group that signed up for the RE cruise, we met in various theatre/meeting rooms and learned from extraordinary speakers and teachers like, Ken McElroy, G Edward Griffin, Mauricio Rauld, Robert Kiyosaki and many others. But it wasn’t all work! During port days, we enjoyed excursions and visited local areas where we continued to learn and have fun at the same time.

At one point, we had an exchange group where everyone brought something to the table to barter. No money was involved, and we exchanged as a method of acquiring different items. There was everything from a week stay at a Condo on the beach to silver coins, artwork, social media lessons, coaching sessions and more. Our daughter, Haley, had made some artwork and that went up on the exchange board. About 6 exchanges later (exchanging one thing to get another), we received tickets to Burning Man (www.burningman.com). If you would like to learn more about exchanging, check out the 20/20 video on One Red Paper Clip, where someone wanted to see if he could exchange his way to a house from a red paperclip http://www.redpaperclip.com/press or: http://www.youtube.com/watch?v=BE8b02EdZvw.

We embarked on our Burning Man exchange in Aug. 2012. We chose to rent an RV and bring our kids so they could also witness this adventure. Little did we know that it would become such a mind-expanding experience – all-natural of course. Burning Man is about exchanging, gifting and sharing. Well, Burning Man is about many other things as well, but for the purposes of this blog it is about those three. There is no money required during the week of Burning Man except at the center café for coffee, tea, lemonade and bags of ice. The idea is to bring in items you need to live for a week (think camping out in the middle of the desert) and items to share, gift and exchange.

flickr photo by william.neuheisel

As first time “Burners,” we didn’t quite know what we would be bartering, gifting or sharing for, but we brought different crystals, dream catchers, necklaces Haley made, duct tape wallets the kids made, watermelon, popsicles and a few other items. Being in an RV, we were pretty self-sufficient so we weren’t quite sure what more we would want.

The Burning Man area is quite large, about 9 sq miles in the middle of the Black Rock Desert, Nevada. The Playa, where all the structures are, is pretty elaborate and covers a wide area. Most burners bring their bikes. There are community bikes to use but finding 3 at the same time was rare, as they are just left anywhere in the community for the next person. We were camped in an area called Kidville (yep, an area dedicated to burners with kids). Because the community bikes were a little too big for Haley, she was in the market for a bike. We were looking to borrow one for a couple hours so we could bike the Playa and cover more ground than walking. After asking around and gifting crystals for information, we were led to a camp where they had a bike Haley’s size. They pumped up the tires for Haley and we gave them crystals and a couple of Haley’s necklaces. She was then told she could keep the bike, not only for the rest of the week but to take home. What a gift that was!

Throughout our week, we gave and we shared with the people around us. I can’t tell you how interesting it was to be in a world where a community came together without asking for anything. People would just come up to us and give us necklaces, snow cones, toothpaste (was that a hint?), water, fruit, etc. We volunteered to be greeters at Kidsville, where information was given out and community safety was a priority (partying is a big part of Burning Man).

There are many instances where I’ve read about towns that have come together and done exchanges after the economy crashed, for example: (http://www.newsreview.com/sacramento/barter-town/content?oid=1433741). I’ve also have friends that do exchanges all the time, like exchanging piano lessons for their daughter in return for Spanish lessons. But immersing ourselves in this community for a week was a great experience for the kids on how to create something from nothing, be generous and have fun doing it. Not to mention the burning of the man effegie at the end of the week was truly a tribal experience! As Social Capitalists, our business is about being generous, giving back and doing good, and this was a way to experience it in a completely different context.

So, while many are struggling financially today, this experience gives a great opportunity to look at other ways to create what we want legally, ethically and morally.

By Lisa Lannon

September 25, 2012 | Filed Under Bartering, Educating Children, Exchange, Josh Lannon, Lisa Lannon, Uncategorized | Leave a Comment

Saving Receipts

flickr photo by Tall Chris

The IRS requires receipts to be saved for expenses in excess of $25. Saving receipts for everything, including small purchases like meals and miscellaneous expenses can be a hassle. It’s not only burdensome for filing systems, receipts tend to fade over time, especially the yellow copies of credit card receipts. So by the time the IRS audits you, the receipt is illegible.

One of the best ways to solve this problem is by purchasing one of the many scanning products that are available. You can get a scanner that is specifically for your receipts or you can use a normal scanner. The advantage of the receipt scanners is that they come with software that allows you to organize your receipts electronically. Some even maintain that they can download your receipts directly into Quickbooks.

Although I haven’t personally used the scanning software, I maintain all of my receipts electronically. My partner won’t let me bring any hard copy receipts to her office. Instead, she insists that they all be scanned and emailed to her. Since the IRS accepts scanned copies, there really is no reason for keeping hard copy receipts any more. I encourage everyone to take advantage of this technology and to get your tax documentation in order.

If you are one of our clients, we are very happy to accept scanned copies of any documentation you need to provide us to do your tax returns. In fact, our website is set up specifically so you can scan your documents and upload them to our secure site.

By Tom Wheelwright

October 2, 2012 | Filed Under Saving Receipts, Scanning Receipts, Tax Audits, Tom Wheelwright, Uncategorized | Leave a Comment

Dramatically Improve Sales Skills: Podcast with Blair Singer and Garrett Sutton

Rich Dad Advisor Garrett Sutton hosted the Maximizing Wealth Hour on Business Leader WRradio.com and interviewed fellow Rich Dad Advisor Blair Singer. Listen in on their discussion of how to dramatically improve sales skills and experience exponential personal and professional growth and success!

Part 1:
Part 2:
Part 3:
Part 4:

April 10, 2013 | Filed Under Blair SInger, BZK Press, Garrett Sutton, Uncategorized | Leave a Comment