Tuesday, June 5, 2012

For the Latina entrepreneurs out there!!!

Man this is hard!!!

I had no idea being an entrepreneur would be so taxing, difficult and inspiring all at the same time. As a first generation Latina, I didn't have access to private schools or anything beyond a state college. However, some how along the way...early in my life, I caught that entrepreneurial bug that just permeates every cell in my body and every thought in my mind.

In 2008, I dedicated every Friday and Saturday to work on my business plan.  It took me 9 months to complete all the necessary research. After that I was in search for the right person to partner with to bring a product line to life to better prepare Latino kids for Kindergarten. Another 4 months negotiating with that person. Then there was the task of learning about financial projections, hiring a CPA and a consultant to help me understand what the CPA was telling me.

As the contracts started coming in I had to learn more about how to look at each contract with a 360 perspective, knowing full well that with complicated language, meant complicated scenarios. In truth, I'm intimidated, scared, learning, excited, taxed, but all the while hoping for that big breakthrough.

And the journey continues....


Friday, June 1, 2012

Tax Cuts for the Rich



Between 1950 to 1980, those of us who are in the 0-90% increased our income by 75%. Those in the 1% saw an increase of 80% in their income. After Reagan, between 1980 to 2008 we saw an increase of 1% for those in the 0-90%. However, for the 1%  they had an increase of 403% for the rich or $21 million dollars (think campaign contributors & corporations-those oligarchs who really control our government). I guess we should continue to provide more tax cuts to the rich. Right? Congress sucks!


http://www.youtube.com/watch?v=k71DYM20WRM&feature=related