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The Momentum Group

You've got dreams, goals, perhaps even a great idea that you are developing into an entrepreneurial venture.  How do you stay on course and keep progress marching along?

Our goal in this group is to share ideas and support each other to keep the momentum going on our projects, whether in their infancy or just at a...(more)
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Declare your committment here!  In one or two lines, tell us what you are doing starting now that will enable your success.  Once you put it here, it is carved in stone!
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  Marianne : Spiritual Warrior on the Good Red Road

Tax- the ghost from Christmas past...lol

Marianne said Apr 10, 2007, 2:19 PM:

 

Alright…Fred has inspired me with his comittment board…
I am not making any more excuses for my PROCRASTINATION…

I have learned through an amazing journey is the unfinished deatails WILL come back to haunt you….
I'm coming out ….and confessing..If I say this 'out loud'  it will take the power away…

I have an issue that I thought I resolved, but what really happened is I didn't follow up and make sure it was resolved…so…I tried to refinance my house and  could not because the unfinished issue with sales tax from 5 years ago is still lurking… becasue of my denial…

It's paid, but misapplied, so once again, it will require a weeks worth of phone calls, faxes and explaination….

This matter is not just about the tax….it brings up emotion from a very turbulent time in my life….my issues with authority…It has all the great parts of a academy award winning drama…..

 I cannot fall into the human part of filing this issue with emotion, I have to remain detached and just handle it..It's just business….not personal….lol

So…my committment is in the next week…by  April 17,  I  WILL have this issue resolved
It is the (secret) reason I have been dragging my feet on starting my new venture, and I CANNOT allow this ghost  to haunt my future….
I need some cheer leaders!!!

Humbly yours,
Marianne

  Fred : "If you die today, what dreams, what ideas, what talents, what voice, what books, what music will die with you?" - Les Brown

Re: Tax- the ghost from Christmas past...lol

Fred said Apr 10, 2007, 6:23 PM:

 

Okay, now we are talking here!


Marianne, great post!  You have captured the essence of what can make this pod very, very powerful!  I understand what you are saying here.  It's very easy to bury memories such as this, but as you have said, they come back to haunt you!

Now, what piqued my interest is that I saw the potential for turning this into a positive within your post.  Allow me to quote:

It has all the great parts of a academy award winning drama

Well, how about taking an hour and writing something about this point in you life?  If only just for some closure?  How about turning this into a writing project?  I don't know a bit about this point in you life but you have interested me! 

Could you possibly turn this into a potential opportunity?  The best teachers are those who learn from experience, and that is you!  Can you teach us from your experiences, and by doing so, help us move forward with confidence in our endeavors, as well as help you do the same?

Please give us some more!

Fred

  Marianne : Spiritual Warrior on the Good Red Road

Re: Tax- the ghost from Christmas past..the untold story..

Marianne said Apr 10, 2007, 11:20 PM:

 

Fred…Fred…Fred….

My motto in life has been I would rather beg forgiveness than ask permission….lol  

I was married  for 6 years and just had my son when I was told that I needed 4 hand and elbow surgeries. I had those back to back  6+ weeks after my son was born..

I had permanent damage so going back to that work was impossible…   I felt sorry for myself, and then realized that I needed to be sustainable and build a future for myself and my family (little did I know how much I need to do this)..

I was putting my husband through college at that time, and he wasn't working yet…..

I started taking my hobby of herbs, teas, gift baskets and crafts and began marketing it at craft fairs and outdoor events.. At every craft fair, I had a guest list; I gathered potential clients and created an access database…  

I built relationships with vendors, got catalogs and started buying inventory.. I made a goal list, and at the top was 'I will open a store in 1 year'  

I told every one I met that I was opening a store in the next year…One year later…..  

I found a cute little house/building that  was cheap and had a small parking lot.. I gave the owner a check ( knowing I didn't;t have 600.00 in the bank) but I had 2 craft shows that weekend… He agreed to forgo the security deposit and the first month rent since I was going to clean and paint the space… That weekend I made 600.00…..  

My husband was very much against this venture, he wouldn't help, he had a new life and a new job and he refused to watch our son…so I brought my son with me..he was 2…

I painted and prepped, and rented a u-haul to bring all the inventory from the house to the store…I bought slat wall and hooks, baskets and shelving COD..hoping I would make enough that first week to cover the checks…lol  

I sent a mailer to all 800 people, and told all my friends to spread the word… I opened 1 year and one month from the date on my goal list…  

My son and I were practically living there, he slept and I packed product..we spent many nights sleeping there..I couldn't afford to hire anyone, and my family and friends came to help.  

I made a profit that first year, and every year after. The first year, I could take all my startup costs off my taxes… my second year I made 40,000.00. before inventory costs.  

At the start of my second year, I found that I wasn't the only woman in my husbands life and he filed for divorce…He had me served at the store…in front of clients…  

He moved out of state to work..My little store and I were the sole support of my household..I also had a house with a mortgage, and now 6 sets of utilities…  

But by the grace of God, and the amazing people met, we made it.. Many women started cottage industries because of us and bought their supplies from me, and in turn, they took over making many of the things I originally did, and I paid them for their products…  

I wore all the hats, and was a mom….my clientele ranged from the Herb guild ladies to Pagans,Wiccans, Buddhist monks, Priests, Native American healers and every possible practitioner you have ever heard of…  

My son  still misses it- he is very well rounded and diverse , he is spiritually connected because he has had some amazing experiences and amazing teachers…  

Eventually, I was torn between my spiritual path, my son's need for freedom from the confines of the store, and the business itself..and after much prayer and meditation I chose to close at the height of my success….  

I packed what was left up, and moved it back home.. I took a 1 year sabbatical, and began teaching, and working with clients in my spiritual capacity…  

I currently need a space to do that more effectively in order to be of service to many once, in a central location…and to generate more revenue..  

That's the condensed version..there is suspense and intrigue; all we're missing is romance and murder. You'll have to wait for the book to hear the rest…..lol

So, there you go Fred……is it a wonder that I am dragging my feet???…not really.- I'm ready…;)   lol  

Marianne

  Marianne : Spiritual Warrior on the Good Red Road

Re: Tax- the ghost from Christmas past..to be continued..

Marianne said Apr 18, 2007, 1:40 PM:

 

Fred and gang…
My week is up…I am going to need another week…lol

When I went to break all the figues out, I didn't have all of the records. At that time, they were manually entered in a cash log ( I was new…lol) Which was at my sister's house….(don't ask)

So, I will do some data entry  and by next week this little situation will be rectified..

I will keep you posted.

My biggest hurdle will be picking up the phone and calling there…to hash it all out.

I did rectify part of the problem, and sent notorized letters off to the proper people…whew….
Thanks for the support…How's the workout going Fred?

  Fred : "If you die today, what dreams, what ideas, what talents, what voice, what books, what music will die with you?" - Les Brown

Re: Tax- the ghost from Christmas past..to be continued..

Fred said Apr 18, 2007, 8:27 PM:

 

Hi Marianne

Seems like you are taking the steps you need to even though they are not easy!  My workout is going great, go read about it in the thread I started.  I'm updating every time I work out. ;)

  Marianne : Spiritual Warrior on the Good Red Road

Re: Tax- the ghost from Christmas past...lol

Marianne said Apr 20, 2007, 10:44 AM:

 

Well, I made the dreaded call, I had all of my facts..I faxed it all over, and they are going to sort it out and call me back…

Lesson 1- when dealing with any agency of the government make sure you dot all the I's and cross all the T's and keep records of every call, ever letter and everyone's name you deal with…Comunicate, communicate and document document.

Lesson 2- I was not accountable, and I will be from now on

Lesson 4 Organization and recordkeeping is imperitive..

Lesson 5 It's easier to handle it right away, than going into my memory banks from 7 years ago , it seems like more work to handle it on the spot, but it's not.

So, I will wait a few days and call back…I'll keep you posted.

Marianne