This week I have been able to do some research and investigate about legal entity types in my country, I have also had the opportunity to research and get failiarized with the requirements to operate a business online.
In Mexico there is no diferntition between online and offline business to the SAT. SAT is the taxt authority, the Secretaria de Administracion Tributaria. It only wants its share of the money, and it doesnt matter where the funds come from :) Well, that is not a complete true statement, it is important where they come from, but between traditional shops and online shops, there is no difference. The RFC (Registro Federal de Contribuyentes) gives you the ability to do business legally because it is now registered and the government knows what to expect. This also gives them the information needed for tax declaration becaue every time an invoice is generated, the SAT is informed of taxation happening.
I have learned that S de RL is the best way to start a business because the liability is limited to the capital invested and the paperwork is very simple to take care of.
Unfortunately the website creation is still troubling me and I need to do more research on that, I have a horrible class grade so far and know that it is important but I just need to think that I am in this for the learning more than the grade. Yeah, the grade is important but I hope I can average it with other classes and/or retake. Today I need and am learning the concepts, that makes me happy.
Saturday, October 27, 2018
Loyalty to God and Loyalty to Family
This week was a short lesson and actually worked great
because I had to visit a mine site, I had to host visitors and had to keep up
with my other activities at work. Though
the lesson was short and there was little material, here I am finding myself
again at the last minute doing my homework.
I am grateful that it worked out fine but could not help feeling guilty
that I had spent the day with family and kids. I attempted to do my homework
earlier but my kids wanted to play, they wanted me to fix their new bunk beds,
I could not leave the rooms with all things out of place because it was more
wok for my lovely wife. I attempted to do my homework in the evening while the
older kids attended scouts meeting and the baby was asleep, something woke him
up and I went into panic mode because time is running out. Yeah, I am guilty of
procrastination and I figured who am I kidding, I am not putting in the time
needed, I am leaving my entrepreneur learning for the end. I head over to the website to drop some
classes and find out the withdrawal period is closed. Resigned I then start to do my homework and
come across this great vide – Loyalty to God and Family by Jan Newman. It is just what I needed to learn this week.
It was comforting to know that the Lord expects me to take care of my family
first. I guess this is an affirmation
that nothing in life is coincidental, if the lesson would not have been as
short as this week was, I might have been in trouble. It was a short week, I
took care of my work, took care of my family and finally that they are gone to
sleep, I have learned a truly valuable lesson. Yeah, this is what I needed to
learn this week, this is what I need to know later in life when I come back to
thig blog post
Tuesday, October 16, 2018
Buy me a drink?
So I like to talk and I may have a lot to say, the longer we spend the more talking Ill end up doing. Hopefully what advice I can give would be of value to you. If not, I would appreciate you telling me that I am just rambling around so that when the next person come around I can have a better approach. Talking is fun an I enjoy it, but it would be nice to enjoy this conversation along with a soda pop.
Would you mind buying a couple drinks while I go get some of my notes?
Thanks for the drink. Lets discuss what we learned this week, shall we?
I have reviewed how to get PayPal button up and running, have also reviewed different websites to get idea of how to get clean sites created. I liked the source given in the lesson this week, Ill save it here and hopefully it will be available for my review later. https://www.smartinsights.com/user-experience/essential-2017-web-design-trends/ There was another website that allowed to choose color palette that I liked, link here: http://www.paletton.com/
Would you mind buying a couple drinks while I go get some of my notes?
Thanks for the drink. Lets discuss what we learned this week, shall we?
I have reviewed how to get PayPal button up and running, have also reviewed different websites to get idea of how to get clean sites created. I liked the source given in the lesson this week, Ill save it here and hopefully it will be available for my review later. https://www.smartinsights.com/user-experience/essential-2017-web-design-trends/ There was another website that allowed to choose color palette that I liked, link here: http://www.paletton.com/
Saturday, October 13, 2018
How will I measure my life?
This week 3 interesting things have happened. I have read this book called launching leaders which talks about making the best of our lives, about establishing end goals and about charting a plan to get there. Secondly, we are in the process of yearly appraisals at work and although I didn't complete my own yet, I have been reminding people and asking them to complete their self evaluations. Third, I have been troubled and busy trying to determine how to effectively measure my newly acquired team of sourcing and procurement professionals. I am not all that familiar with this and there are many functions in the process. One thing is for sure, no one likes an unfair rating at the end. Everyone wishes we would have had more time to do something, or we regret not doing something simply because we knew it but we lost focus of it.
This week I went and reviewed the Harvard Management Mentor lesson on appraisals. I didn't really put to much interest in yearly reviews because targets can not be fixed for so long periods. Interestingly I learned that even in business the targets move, that they require adjustments. This made it clear to me that goal setting must be slightly different approach and even when many things can change in such a long time, We should still be setting realistic and relevant targets. We should be checking every now and then on how we are doing.
The same hold true for our lives, I recall troubling my mother and many others with the question of why we need to live, what is the purpose of life. Its not like I didn't have an idea of what was expected out of my life, meaning what Heavenly Father wanted me to do, but the question now is about what do I want to do with my life?
I have my life goals pretty much defined already but still seems like some of them were more like wished and not necessarily goals because there was not plan to achieve them. I feel confident that I can now go and draft some of them now and bridge the gaps there.
How will I measure my life? How will I do my yearly appraisals? How will I do my half-yearly, my monthly and weekly review?
How would you measure your life?
notes on starting a new business
This week was very though for me, I again had to travel to the mine site, where I am locked in and the work there is 12 hour shifts, internet is limited, it is a client location so getting personal thing done is between difficult and impossible. Did have a chance to spend nights at the nearby hotel which is sponsored by the company but it too didn't have good internet connection and it was only in the open air lobby. I recall how cold it was when I was sitting there trying to do my homework in the middle of the night. My colleagues telling me I should leave some work for tomorrow, they know that you have to get up at 5:00 am to be ready by 6:30 when the bus leaves.
You are probably thinking what does that have to do with the lesson of the week? I don't know yet, I just feel compelled to write it. Maybe one day I will look back about how I thought for a minute about withdrawing from class this semester because of my sudden time limitation changes. Anyway I have decided to continue. I might end up writing a lessons learned post in a few weeks from now when the semester is over.
What did I learn this week? I was able to explore hosting options a different way. I had done some research in the past and it was a headache because I did not know what to look for, how to decide and even when my option met the needs, I still thought for a moment whether I was missing something important. This week I was able to compare hosting providers based on what they can offer, I realized that in the past I had let the google adword credit go to waste because I did not know how to make the most out of it.
I am still struggling to get the product selected because there are several things that are attractive to me. I want to invest time in something today that will after some time later give me the rewards. I am not looking for instant gratification but rather trying to build something that will be good for many and for a while.
I was surprised to see that there is a lot of opportunity for financial education out there. I am not the richest person and don't know the most to become wealthy, but I do know how to get out of trouble and have used this at work in the past, like when I worked at the mortgage bank, I have gotten myself out of trouble with the same techniques I helped my employer's clients. I feel confortable that I can provide this counseling and guidance on my own now. Need to think about it a little longer.
Saturday, October 6, 2018
One small step, two check marks in the bucket list
This week I have been learning about drop shipping and
affiliate marketing. Both of these have caught my attention in the past and I
am glad that this class is clarifying these things for me. I used to think that
affiliate marketing would be nice because it is sort of like building passive
income and the seller would take care of fulfilling and handling the order and
all that. I have purchased goods or
services from referrals myself so I know that it work, yeah sometimes even I
feel like I don’t like to click on referral links. Not sure why but still
purchase from them. As I was reviewing the list of recommendations I noticed
Amazon was there so I decided to sign up and learn what it means.
The process was very simple but it asked me for a website, I
don’t have a website but luckily this class has already requested I create a
blog, so I was familiar with the process and did one right away. I created a blog, posted a blog entry and got
my links up. It was easy and fun at the
same time. I already had on my “bucket
list” to create a blog about the fun we have in the family so I thought now was
the time and voila, it is created. One less item in my bucket list. Make that
two, the blog and the affiliate marketing.
Wednesday, October 3, 2018
Week 3- Formula and Happiness
I feel comfortable with some of the topics we learned this week. I was raised with some of the basic values of integrity, ethics etc. I still think it was great to have a reminder of this and really like the video about Why ethics are important but the part that I want to remember from this week is the formula for happiness.
It is a fact that I don’t like to get up early all the time, I also know that I am more productive at night time but have seen the advantages of getting up early too. I normally have my alarm clock for 4:00 am. Unfortunately I am not able to get up so early going to bed late and I have learned the ability to turn off the alarm clock in my sleep. I think I turn it off in my sleep because I just don’t remember and can’t figure out how it was turned off.
Work hard is something I do too, well not always but I try most of the time. I generally keep my self on track.
I had a bit of a hard time trying to figure out what “Find oil” meant, but after getting the explanation.
The others feel confortable but here is what I want to remember for future reading.
1)
Get up early -- How early is early?
2)
Work hard
3)
Get you education
4)
Find oil
5)
Make your mark – Should examine what this means to me
6)
Prepare to serve / Give back
---------Here are the questions to this weeks requirements.
1)What are you lookin forward to learning and experiencing? I would like to know what finding oil and making your mark means in my life. I know this is not a canned resopnse so I look forward to experiencing this myself.
2)What did I learn from the videos of this week? - well, the listed above. :)
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