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