Dear Subscriber,

Welcome to the October issue of CHAKRA which is packed full of great interviews, information and stuff to help, inform and improve you and your business. Are pigs the new cats? Trend spotting guru Reinier Evers helps us discover the difference between trends and fads. We look at new heavyweight champion in the world of franchising; Nuviva Medical Weight Loss^SM., Nancy Bailey asks if that sales lead is a Mirage or an Oasis. After a marked increase of audits by the IRS in SW FL, Errol L. Clark gives us some hints and tips to avoid joining the "gotcha" club! Rieva Lesonsky looks at how SMB owners are affected by regulations. Last, but by no means least, no issue of CHAKRA would be complete without a "Wise Quack" from The Donald and a "Final Thought" from Mr. Bevan.

Well, what are you waiting for.......?
Get reading CHAKRA - enjoy!

Mirage or Oasis
by Nancy Bailey

As we all pursue new business we must allocate our time in the most efficient and productive way possible. If you run a lean business, you haven't the man hours or resources to waste chasing a dream account that will never materialize so you need to determine ASAP if it's a mirage or an oasis that glimmers before you.

[ read more ]

Trend Spotting -
Are Pigs the New Cats?
by Reinier Evers -

In business, everything begins and ends with consumers. Which means knowing, understanding, and applying consumer trends and insights will forever be a holy grail to business and marketing professionals.

[ read more ]

Nuviva Medical Weight Loss^SM -
Gains Weight!

Healthcare and health related products and services cover 4 of the top 10 industries set for growth in the next decade and worth an estimated $58 billion annually. Don't believe it? Then ask Alex Joseph, founder and CEO of Nuviva Medical Weight Loss who together with his experienced medical and management team have just launched a program to franchise its unique business model to America. The demand has been instant and overwhelming both from investors and from former clients who have experienced the results of the Nuviva program.

[ read more ]

Is Uncle Sam After You?
By Errol L. Clark III, CPA, CFP®

The local IRS office recently made a large addition to their staff. With this additional manpower they are performing more audits in the SW FL area. In the first five months of this year our office has seen more audits than in the last five years.

[ read more ]

Small Businesses Are Hit
Harder by Regulations
by Rieva Lesonsky

A study recently released by the SBA's Office of Advocacy confirms what small business owners have often felt: Federal regulations place a disproportionate financial burden on entrepreneurs

[ read more ]

An Evening with Thomas Golisano -
the networking event of the year!
by Karl M. Gibbons

Join Adrian and me and share an evening with one of the country's leading entrepreneurs and philanthropists Thomas Golisano.

Acknowledged by Forbes Magazine as one of the richest people in America with a reported net worth of $1.3 billion, Mr. Golisano, is the owner of payroll processor giant Paychex and co-owner of the Buffalo Sabres professional hockey team and the Buffalo Bandits lacrosse team. As a major philanthropist he founded the B. Thomas Golisano Foundation and has donated over 6% of his net worth to charity. Since moving to Naples, he has made headlines for his philanthropic donations to the recently renamed Golisano Children's Museum of Naples and Ave Maria University. Mr. Golisano now stakes his claim on the who's who list of American financial might, sharing company with Bill Gates, Warren Buffett and Michael Bloomberg.

Other special guests joining us at this special event will be Mayor of the City of Naples, Bill Barnett and Sheriff Kevin Rambosk.

The networking opportunities available at this event are limited only by your imagination and your ability to "make it happen!"

Naples Hilton
5111 Tamiami Trail North, Naples, FL 34103
5:00pm - 9:00pm November 11, 2010

For more information or to register for the event go to www.naplesgroup.net or call Jenny Foegen on
(239) 649-2275 or Text: NGEVENTS to 97063.
Standard data and message rates apply. Opt-out at any time by replying STOPNGEVENTS.

Well.......did you enjoy it? Was it helpful? Please email and let us know. We are always pleased to hear from you especially if you found something in CHAKRA that's prompted you or your client to try a new approach or adopt a new idea in business.

Tell us about your challenges and successes - we are always looking for interesting articles and guest writers to feature in upcoming issues of CHAKRA.

Make it happen!

Regards,



Adrian Bevan & Karl M. Gibbons

Third Eye Management

    

In this Issue

• Mirage or Oasis
• Trend Spotting - Are Pigs the New Cats?
• Nuviva Medical Weight Loss^SM - Gains Weight!
• Is Uncle Sam After You?
• Small Businesses Are Hit Harder by Regulations
• Wise Quacks
• Events
• A Final Thought

Events

Wise Quack from The Donald

"Seagull Manager: A manager, who flies in, makes a lot of noise, craps on everything, and then leaves."

TEM - Proud Supporters of

Final Thought

How to Create New Jobs

What's the best way to create new jobs? Based on a recent study from the Ewing Marion Kauffman Foundation, it's by stimulating more startup businesses.

The study, High-Growth Firms and the Future of the American Economy, found that in any given year, the top-performing 1% of companies account for some 40% of jobs. Within that category, fast-growing "gazelle" companies (3 to 5 years old) make up less than 1% percent of all businesses, yet account for approximately 10% of net new jobs in any given year. The "average" company in the top 1% generates an astounding 88 net new jobs annually, compared to the two to three net new jobs generated by the average firm in the economy as a whole.

So, what do all these statistics tell us about creating new jobs? The report made three recommendations:

1. Create more companies because, based on simple math, this will mean more high-growth companies and therefore more job growth.
2. Remove barriers, including difficulty accessing financing, excessive regulation and taxation that keep existing companies from becoming high-growth companies
3. Focus on universities and immigrants, which have the potential to produce high-growth firms. To attract immigrants who plan to start businesses, the report recommends starting a new visa program or expanding the existing EB-5 visa program for immigrant investors. To assist universities, the report recommends encouraging innovation by removing barriers to commercialization of university research.

In conclusion, it's not just new companies that bring new jobs, it's the high growth firms that can really help buck the trend of jobs flowing overseas and create new ones here.