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October 05, 1986 - Image 5

Resource type:
Text
Publication:
Michigan Citizen, 1986-10-05

Disclaimer: Computer generated plain text may have errors. Read more about this.

J
In
e
common to mo t American but
hich ten to be e cially
prevalent among Bla AMeri-
cans.
The le ing financial mi
t es thu far discu dare:
-Failure To Set Sp cific
Financial Go
-Failure To Pay Yourself
Fir
ially
To Inve /Or Start
u e
·-F UTe To eep And Or­
anize Fin ci Records.
This ee I ould e to
begin by focusi on common
fm cia! mi es o. 6: FAIL­
U TO DEVELOP GOOD
PEOPLE SKILLS. Simply
ted: There i limit to the
fmancial curity and ealth
you can build ithout the work,
up rt d joint effort of
other ot do it all.
byy r
If y
..ou:smesa relabONIIlJI)
Thu you c efuDy
target the people you plan to
ith. You mu identify
pe e ho LREADY ha e a
SUCC SSO E T TIO .
In thi regard, we have
frequently recommended
th t Amen an 81 c s or anize
h t e prefer to call 'wealth
buildin clu . " purpo
inority Business
D·��·�"·
LO BARD, ILL - Th
19 6 ditio of the
of
e Firm and the
ional Directory of
Own d Busine Finn
published by Busine
Service Inc.
The t o-volurne t h been
upd t d to include information
on over 65 000 minority and
omen-o ned busine an
e of 25,000 n listin
over the previou year. Other
improvement incorporated into
the 1986 edition include in­
dexi by Standard Indu rial
Cl . Ii tion SIC code), bu '-
de ription d eographi-
cal loc tion for fa to
pertin nt data.
For complete ordering infor-
m tion con ct: Busin Re-
arch Servi e Inc. 2 E.
22nd Street, Suite 308, lom­
bard, lllino' 60148; telephone
toll-free 1-800/325-8720. In
Illinois call 312/495-8787.
OCTO
5.
fin
cial
of ch clubs i to allow people
ith a ucce orientation to
come together in order to pool
their ill effort and finance
for the bigger purpo of
e aging in profitabl tivitie
which will produce money for
all club member .
guide ( 5.95) on ho to
form a wealth building club
i vail able from Potom c
A ciate 1377 Street ,
Suite 98 ashington DC
20005. In dition, if you
need help in organizing a wealth
building club in your area
call my me e record line
(202-562-1451) and le ve your
-Actually establish bu '-
ne account even if you do not
u it very frequently. If you
have not noticed, per n with
busine accounts (e en small
busine ) get tre tment d
acce which regular bank cu 0-
mers do not get.
any banks have commercial
windows so people with bu i,
ne s accounts will not have to
wait in line.
The bot tom lin is it PAYS
to know your banker.
ex t wee we will discu
other fmancial mistakes and
recommend ways to correct
them.
name, tel phone number aDd
the be time to reach you. I
or one of my representatives
will contact you hen it is
mo convenient. The record­
line i available 24 hour a day.
Organizing a wealth building
club' he best way to incre
the number of succe s-oriented
people with hom you can
sociate. And ch a sociations
can be the fir ep toward a
club which makes an it mem­
bers wealthier and happier.
M' e o. 7: F ILURE
TO DEVELOP RELATlO­
SHIP WITH YOUR BANKER.
Your banker should know you
and have positive opinion
of you even if that opinion i
perficially b sed. Do not
limit your If to the bank
tellers. You want the people
who m e the dec" ons to
now you. Developing ch a
relationship is possible even in a
major metropolitan area.
I would recommend the fol­
lowing:
- Vi it the bank on slow
days and simply to spe
to the branch manager. Tell
him or her you desire to
e tabli busine account
and you need me inform -
tion and advice.
o
c
o
T
B
E
'8 6
OCT
8us
• 27 - "H To Do
In J kson", J son
Marll Your Busi
Gr� pids
OCT 11 - Aw rds
Banq�.w·
t rhn � B
Gr nd Raptd
Minority
F_. DMr;·
1-80 -831-909
Michigan Minority Business, the answer is Y

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