Posts Tagged ‘Financial Planning’

This is basic risk management…

Everyone wants to go BIG! And why wouldn’t you? You want to shoot big, go for it all and win big…
The trick is to never lose big.

If you’re going to make investments, you need to take the time to truly understand what you’re investing in whether it be real estate, stock market or even just your friend’s business. Sure, you want to be supportive of your friend and take the opportunity to make some money too, but you’ve got to know what you’re getting into or it gets really sticky really fast.

We saw this happen quite a bit with crypto back in 2020… We were in a pandemic and the government was handing out checks….
The government trying to stimulate the economy and keep some of the people’s jobs secured by not allowing every business to be shut down, well this created a different kind of stimulation and a different flow of revenue… What we witnessed was millions of people who had sat at home for a few months wanting to capitalize on their “pandemic paper,” as a friend of mine like to refer to his. He simply stated, “he wasn’t expecting it nor did he really need it, so it was a “free play” …so to speak. He was able to spend willie-nillie without any concern of loss. It wasn’t his money…he didn’t earn it or work for it; he was given it from the government so he could freely spend without repercussion… He bought a new gun, went to some auctions, put some money into the stock market and even bought some crypto.

First, I’m not even to get into reality of the “nothing comes free” perspective because that discussion will take far longer to really break down… but let’s rather discuss the fact that if it’s a “free play” so to speak, yeah, you could go for it all and who does it hurt… or you could use the opportunity to change your life by making wise decisions.

I really took the opportunity during the pandemic to try and educate as many as possible and really help more people to level up and get to a better place in life. The pandemic forced an economic rebirth… I’ve spoken about this at great lengths many times and want to reiterate that this was and still is a time for people to reinvent themselves and take a chance on something huge. Now, do not misunderstand my words; I do not use the word “chance” as in a gamble as if you were to not know what you are doing.

The idea behind taking a chance is that you’ve got to step outside of your comfort zone and do something bigger than you normally would. Please take the time to learn, research (and I use that word lightly as most have no idea what real research is) and plan what it is you are trying to do. Speak with some experts. Get informed and prepare before diving in. Make that “free play” really count!!

We’ve been having this discussion for some time now… Amidst all the chaos from the pandemic, the election of 2020, the inflation, the housing market… It was really cool watching it play out while strange seeing the masses respond to it.

I continued to reassure people we were on the brink of an economic rebirth back in 2020 & 2021… So many were unable to see it, and sadly many mostly only interested in clickbait nonsense and attention, continued to capitalize on this with scare tactics. Our economy isn’t crumbling… It isn’t crippled either… It is growing and thriving. That rebirth I continued to speak of, we’re in it…been in it for the last two years and it’s only getting better. Don’t miss your chance. It won’t last forever.

You’ve really got to be open to see and understand. Millionaires are born from recessions and our economic system thrives on opportunists and is set up in such a way with the masses able to facilitate so many new businesses and many fresh people in the industry we refer to as “new money.”

The only question is are you willing and ready to learn or are you going to continue to sit back and allow “them” to convince you that you’re a victim and there is no way out?

What idea have you been sitting on? What skill do you have that is sitting idle not making you money?

Not everyone is meant to be an entrepreneur, but everyone is capable of taking control of their life and building towards their future…and it hasn’t been this easy in decades… Don’t be one of the ones who missed out.

Social media is an incredible tool to utilize growing and developing your idea. Reach out to your friends and family as they will be your greatest support.
It is key to be firm in your vision but flexible in the details.

Lets share some ideas and thoughts below in the comments and we can help one another grow and develop.

Let’s Go!!

The other night I was rejuvenated and revived with inspiration… I twas such a strange feeling because it was a moment in which I felt myself break and become inspired and driven all over again in new direction…

The Lord works in such mysterious ways… We never fully see what he is doing until it has been done and sometimes even then, we are still uncertain. The one things you can be sure of in retrospect is you can see God’s hand on your life even if you don’t understand what He is doing.

I have had conflicts over why family members are absent while others are present…even in this, God is at work… (I will leave that for another day)

It was this past week when my Aunt Yvonne reached out to me because she happened to be in Austin where I live but she doesn’t…. She happened to be here to watch a premiere of a new Christian movie that wasn’t opening at the theater till Friday… She let me know they had seats available still and were hoping to fill them for such an event… She reached out so me and the boys could attend with her.

It was a really powerful film about God’s miracles and the way he moves in people’s lives… If you have the chance, you should go see, ‘I Still Believe’ which is the true story of Jeremy Camp.

After everything that has happened in my family over the last few years, this hit me in a special way. Kimberly lost her Daddy, I lost my Mom…the boys have learned to understand the loss of Pawpaw and Grandma at such a young age… and they were so close… especially Corey II & Grandma. We have seen many financial challenges with me and my wife’s businesses as well as things just seeming stacked against us at times… From shortly after we got married, we had plans in motion to be able to help our parents and all of our steps were towards those goals. Without her Daddy & my Mom, it seemed to change everything and we had never been so uncertain of what we were shooting for anymore. Our drive had for so long, been in that direction, and we began to feel lost in our mission. This caused so many feelings that are even hard to wrap our heads around.

Watching this film and sitting with my Aunt Yvonne knowing how she has always been there for us and been a champion for me even when I was young. She has always made me feel believed in… a lot like my Mom, she was such a powerful Christian and a believer in building people up to see all the things they can do. My Mom was always my hugest fan…  There was a long time when I wasn’t sure I was deserving of the praise she gave and her enormous confidence in I could do anything. I was her hero…she told me on so many occasions that she wanted to grow up to be like me… I always laughed, but she didn’t.

Mom new my potential and knew God had plans for me. She was my strength! She helped me to be a better soldier for God. She taught the power of God’s Word. She taught me we don’t always have to get it right or be anywhere near perfect. We have to strive for the best we can in everything we do; God will take care of the rest.

I now have Kimberly and our boys to give me strength and drive me to be a better man and a stronger soldier. God is our strength, but He did not intend for us to walk alone and that is why there are so many of us here walking the earth. We are meant to lift each other up and propel one another towards greater heights and towards the Kingdom.

Thank you Mom…. I am still learning more and more from you everyday. I miss you so much and love you completely!!! I couldn’t have asked for a better Mommy ever… You are amazing!!! You have made me the man I am today…given me the strength and the encouragement to grow and always seek more…where I am is never enough. God has more for me!!

And thank you, Aunt Yvonne for your continued support and being a strong Christian influence whom I can share and grow with. So proud of you and all the growth in your life…you are an inspiration!!

We get exactly what what we need; God knows what He is doing!

I needed to have that moment with my boys and family watching that film. Corey II enjoyed it as well and is so excited to take Mommy to see it…
It was exactly what I needed at that moment; it reignited my inspiration and lit a fire in my soul… Stay tuned… I’ve got so much coming your way

In business such as life, you’ve got to be willing to spit the truth… No need for frost and sugar coating things… Just tell it how it is. This has been a pet peeve of mine for years, a large part I attribute to Mom. But dishonesty to me is just cowardly and frustrating. On top of that, it takes work to keep up with. The best lie is always closest to the truth because you don’t forget the truth… Maybe you should stick with the truth…. Just sayin’

Many people for some reason struggle with this… doesn’t make sense to me.

Just call it how it is… especially in business; it just saves time and helps to get everyone where they want and need to be so much faster without wasting so much time and effort.

I deal with people all the time that just want to beat around the bush. You ask them a financial question or about scheduling details or steps in the so-called plan… To me, these are critical points to which beating around the bush only eats up valuable time hinders the overall progress of the business. Just get it out. Sometimes, with the fear of displeasing their partners or business associates, they hesitate to put it all out there as if it will somehow change why they are stalling. Trust me, it won’t!!

Just put it out there already so it can be dealt with appropriately and in a timely manner. The quicker that you get real about it, the quicker the conflict, deficit, or just overall shortcoming can be overcame or resolved.

Let’s get it done. Don’t be afraid… Just own it and build from where you are.

Yesterday I posted and kept y’all up to date with my thoughts and a play-by-play of my day…not exactly but I did well document my day in a way that was pleasing to me and I hope gave you some insight.

Although, I have no expectation of you to have done the same nor would it be reasonable of me to request such a thing, but what I will ask of you is, what have you done since midnight?

I, in no way, need a run down nor do you owe it to me, but you do owe it to yourself.

It is time to start holding yourself accountable for your time and your productivity. It is a new year and a new opportunity….every day is a new opportunity to do something different, but many of us are motivated to start in the new year doing something new, different, or better for ourselves…. Take that motivation and run with it. Get motivated. Get Cocky!

Your time is now…. There is no time like the present and you need to reach for more in your life and in your business.

You need some help, some guidance, or maybe just new perspective, hit your boy, Corey B. up, and I will happily help you get where you need to go.

You have such a bright future ahead of you if you are willing to take hold of where you are and where you are going… Are you ready?

Get ready and get there already…

Be accountable for your time and how you are spending it to get started and be on the right track in 2020.

And be sure to Subscribe with the button on the left or below to ensure you get all you can from my blog. Also look up Corey Bayless on YouTube for some more excellent content.

Till next time my friends, stay on it and Get Cocky.

Perfection isn’t a destination… It is the journey. If you are seeking perfection before you get started, then what is the point?

When you really get down to it, the lack of perfection is the reason to get into the game… the things that lack in life, business, in your idea of joy…. This why to get into the game… Get in the game and make the difference.

Sometimes, you need to make changes in your life… most of us do at multiple points in our lives or we get stagnant or stale… You never want to feel that in your business or your life.

You have to take a moment and decide what it is that you are missing and what you need to do to make things different. What is it that you need to do, to change your life… to get back on the track that you fell off some time ago… or the track that you never had the guts to get on in the first place.

You’ve got it in you… no one is going to come in and do this for you… You’ve got to do it for yourself…

I’m your boy, Corey B. I am more than willing and joyful to help you get things going in the right direction.

I offer business coaching, consulting, and mentoring as well as life coaching and brand development. Feel free to reach out and let’s make a difference in the world… let’s start right here with you and what you are going through.

There are no limits that you don’t put on yourself.

Life and the world are not holding you back… You are… Are you ready to get out of your way and do what it takes… just marinate on that for a moment.

“CAN’T”

I just took a week to enjoy some very big moments in my life… I took the necessary time to embrace them for what they were and enjoy them. I took time away from the hustle and grind.

For those of you trying to hustle and grind and grow your business, this is a critical part that so many tend to overlook. There are moments in your life that make or break you…that define who you are. Do not be so consumed by your business that you allow these to pass you by; you will regret it.’

For me, this was such a huge and significant week. My Dad whom I have only recently reconnected with was able to come down and spend the week with me, Kimberly, and our wonderful boys. It was quite the week… This past Sunday was Mom’s birthday, so we held our 2nd Annual Birthday Bash in her honor since we lost her a year and a half ago. It was both weird and wonderful… we celebrated with an awesome taco bar, disco lights, some great tunes, and most importantly….lots of fun, family & friends. It is the way Mom always enjoyed her time. It didn’t matter how much she had or who you were, if you came by while she was grillin, you got a plate. She truly personified ‘southern hospitality’ in all she did. She was such a special person and that is how I try to honor her; we cooked up lots of grub and set a great mood… others chipped in and brought some food and desserts and things but all I really wanted was them to be here. I can’t begin to truly express my thanks and gratitude to those who showed up for me. And Dad travelled and had quite the journey getting here to spend the week with us.

We were able to share stories with Dad, bond over memories, and hear stories about his work and his wife over the years. It was such a therapeutic time to be together…I think it was that way for the both of us. As I am still grieving Mom, and he is still grieving his wife of nearly 30 years. It was good to hear about his journey with her and it was great to share about my journey with Mom, Kimberly, and our boys.

Corey II started school this week…such a monumental moment as he went to school and began kindergarten especially since he has only been with a sitter a few times. He goes everywhere with Mom & Dad; he always has. He was such a brave little dude and went for it. He was excited for school even though he was nervous to be away from Mom & Dad. He knew he would miss us as we knew we would miss him …..so, so, so much. My little boy is growing up. Whew… that is such a challenging thing to wrap my head around. My little Colton is still at home, but it has most definitely set in now that he is growing up too and will be going to school next year as well.

This week has been huge for your boy, Corey B. I am so blessed that I took the time out to really experience these moments and I hope that you can take away from this that same perspective… You need these moments. You will only get a chance at them once in your life…don’t allow them to slip by.

You know me, I will be sharing more about Mom, my boys, Kimberly and my family as they are so dear to me and influence all that I am doing. Stay tuned for more.

So for me, I am grateful for my week and my time off… but now it is time to get back to the grind and the hustle. I’ve got lots of big things happening. It is Friday, and things are live and in color… Time to Get Cocky and get back to laying those bricks… I’ve got an empire to build.

I had several packages to get shipped out but most of them were small. My boys always love to help and take part in “making packages;” it is an awesome thing to witness them taking interest in my work and what I do… nothing could make Daddy more proud.

So, on this day, we gathered up the packages up and loaded them into my backpack and some in the bottom of our stroller. We turned my work into an adventure… I love my boys…and love my work.

We decided that we could stop at the little quick-e-mart and grab some snacks. My boys are such champs and hard workers; they deserved a little reward for all their help.

We got all our sales packaged and shipped out and had the most excellent afternoon working together.

I am truly blessed to have my business and have my boys to help me.

There are so many aspects of business that can be taught… There are many lessons out there that can change your business and aid you in productivity or efficiency.

You can also learn about marketing and targeting the proper audience at the right time and in the best possible manner. Managing, organization, customer/client relations, … ultimately the list goes on and on. There is so much to learn and no matter how great or successful you are, there is always things you can improve on.

And you should never stop… continue learning more and more all the time.

But what more of a challenge to attain is ambition, passion, and determination.

These are three things that are truly indispensable in the growth and prosperity of a new business venture. Unfortunately, as I mentioned, these do not come as easy.

Mom always taught me from the time I was little that “can’t” was a bad word. I was never allowed to say it. She believed that it was a word that held us back… She always told me that I could do anything. I have always known this to be a true thing… We can accomplish anything if we truly want to. If we are determined to do something, it can happen.

And that is where things become a little more challenging… far too often, people lack ambition or determination. Ambition is the drive you need to start something in the first place while determination is the drive you need to keep going in light of adversity… and believe me, there will always be adversity. These are attributes that are far more difficult to develop but they can… they just need proper motivation.

Now passion… comes from within… If you are lacking in the area of passion, you have got to have compensate by sheer determination until you can move on to something to which you have a passion for. The idea is that sometimes in business, you do what you must until you can devote yourself to what you love.

Do not allow things to be in your way, you have the potential to grow your own business and take to levels never imagined. You must be ambitious enough to take the initial steps in the first place… then have the determination to keep fighting for this business. Don’t allow things to stifle your journey… when things arise in your way, you fight back harder. If you are unable to do what it is you truly have a passion for and earn a living doing so at this time, do what you must to position yourself to where you can do it… there is always a way. Get there.

You hold the key to your future. In addition, never stop learning. There is always more to learn.

Believe in yourself… believe in your business… Get Cocky.