Want to Get Rich and Get Higher Interest? Go For Offshore Banking!

Has the instability of local banks given you the fear that your assets may be frozen, seized or disappear? I used to have that fear. I spent a few years in Asia and soon I became so worried about my money and my assets because of the really unstable political conditions. Not that I had anything against the country I stayed in, but of course, it’s much better if I had the advantage of a stable bank where all my assets and investments could stay safe and even grow. And this was about the time when I went into offshore banking.

And boy did I make the right decision! By transferring most of my deposits to an offshore bank, I found that I was getting more and more interest for my money than I would normally get. After looking at the terms again and doing some research, I discovered that offshore banking offered the advantage of a much better interest rate than local banks could offer. This was because of lower overheads and government intervention, the two factors that usually don’t leave a lot for you to get. Plus I got that offshore banks usually pays interest without tax deductions. And for someone who doesn’t pay tax on worldwide income, this is definitely an advantage!

Apart from the advantage of having no reductions on interests rates, offshore banking offered many more advantages that in the long ruin will definitely help to make me rich and my businesses prosper! One advantage is that for security purposes you are allowed to have anonymous bank accounts and higher or lower rate loans based on risk and investment opportunities. Definitely a plus if you don’t want to lose all that money!

As you see there are a lot advantages to be had by going for the services of offshore banks. Although there are a few disadvantages, the path to prosperity and supreme security is definitely to be found by going offshore.


How to Lower the Prices of Your Auto Insurance

Aside from your home, your automobile is one of the most expensive items you might own under your name. This means it’s highly important to make sure both your home and your car are insured and protected in case of any damages and injury. Making sure you have the right insurance coverage is key, but can also cost you more out of pocket if not aware of the many discounts offered on premium rates.

There are several factors that come to mind when you are looking for auto insurance coverage’s that affect price. Those factors include the make, model, and year of the vehicle, how far you drive, how much you drive, age, sec, material status along with credit history and driving record.

However, there are several elements that might affect your auto insurance quote. These include both deductibles and discounts. Many deductibles are chosen based off of Collision and Comprehensive coverages. The higher the deductible, the less costly your auto insurance bill is going to be. Some areas affecting your deductible may depend on a multi-policy, the ability to insure both your auto and home under one carrier. Doing so will also allow you to receive a discount the auto insurance homeowners insurance premium. Another factor is multi-car, meaning that you are responsible for insuring two or more vehicles under the same carrier while they are owned and driven by the insurer and/or family members.

There are also many driver related discounts that one can get for having a clean driving record, free of accidents and violations that can help minimize premiums. These include driving training, being college student, being 55+, and taking an accident prevention course.

To elaborate further, driver training would be issues for a young driver under the age of 21. They would need to complete an accredited course to receive a premium discount. Many students who are in the honor society and/or a college student also have the ability to lower their premium rates. Young, full-time students who are not married can lower their rates as well. For those who are a bit older, around 55, can receive a discount on bodily injury, property damage, personal injury, medical payments, protection, comprehensive and collision premiums. There is also an accident prevention course that many citizens in a few states can take advantage of. If the main driver is 55 and older, they can receive yet another discount if the course is completed.

There are ways to save even more dollars that are allocated towards your auto insurance coverage with the safety equipment that may contain passive restraints to your car if equipped with factory-installed automatic seat belts or air bags. If having anti-theft devices, you could receive a discount on Comprehensive coverage towards your premium. You can also receive a discount if your vehicle has active or passive anti-theft devices and installed anti-lock brakes on all four tires.


How To Get Your Team To Do What You Want – A Simple Approach for Small Business Owners To Follow

Just 4 simple questions will help you solve one of the biggest problems for small business owners – and I promise you, they will work for you like they work for my clients!

Working with many small and medium business owners, I find one of the most common complaints is “Why can’t my people just do what they are supposed to do? “

For business owners it can be a huge issue resulting in doubt about the future success of the business.

Typically, without your people doing what they are supposed to do, the pressure on you as the owner soars; resulting in you putting in yet more hours in the business. In fact, the cry of “It’s easier to do it myself” becomes more and more frequent whilst the payroll cost stays the same. Unfortunately, ‘doing it yourself’ will put a glass ceiling on the ability of your business to grow. So, it needs to be fixed.

So, what’s causing the problem?

Well, the brutal reality is that the cause of the problem is exactly the same as the source of the solution. It’s YOU!

It’s so easy to blame others but, as the owner of the business, you are responsible for all the successes and all the failures. The only reason (good or bad) that your business is where it is right now, is because of the actions you have taken. Do you agree?

Let that sink in for a minute… because the moment you accept that as the truth then we can move on. If you don’t accept it then stop reading now and email me; we need to talk.

OK, are you ready for the questions?

I’ve given some information below each of them to help define what is meant by each question.

Just 4 Simple questions to ask yourself to get your team doing what you want them to

1 Have I clearly explained what I want my people to do?

In my experience of working with business owners in Coventry and Warwickshire, not explaining what is needed and the consequences of the outcomes of their efforts is the Number 1 cause of people not doing what you want them to.

Typically, we business owners are not great at explaining with clarity exactly what we want people to do. Often, we expect people to “know” what to do. After all, we employed them to do the job, didn’t we? But if you haven’t explained what you want in a way that is understandable to the employee, how are they supposed to know what is in your mind? Pretty obvious, but few owners do this.

The solution is to have a written clearly defined role profile which breaks down each of the key elements or objectives of the role in plain language. The test is that if the employee were to do all the tasks on the list to your satisfaction, would you be happy? Also, if you weren’t around and somebody else had to do the job, would the role profile give enough clarity so you didn’t need to augment the description with some additional clarity?

As I stated earlier, a written job profile needs to be understood not only by you, but by your employee too. To make sure you have got the requirements of your profile clear, ask the employee if they understand it and to tell you in their own words how they interpreted it.
Sometimes their responses will surprise you. At first, it might mean you have to do some rewording of the profile but over time responses will become more consistent and this process could even show up points in the business where you need to improve.

Role profiles are different from Corporate Job Descriptions or job titles, which have become much more vague over recent years. Properly completed role profiles take the ambiguity out of what is to be expected. If you’d like to see an example of a role profile, then please email me.

2 Have I clearly defined what a good job looks like; will they be able to know what results will create success and make me happy?

The second biggest issue I come across, far too regularly, is the member of staff just can’t quite do enough to satisfy the demands of the owner. Yet when challenged, the owner can’t tell me with clarity how they intend to measure the performance of the employee. They just expect the employee to ‘Get it!’

Can you see how that is a recipe for dissatisfaction all round? The employee tends to feel that nothing they do is ever quite enough but has not got, and isn’t being given, clarity over what is needed to improve!

The solution is to define what outcome each particular job requires, key objectives, timing, consequences, etc., and to give some guidance on how you want that achieved. Unless it has to be an extremely rigid format, do not define the job down to the last tiny detail. The reason for this is that the employee may well find a better way of doing something than you have thought of. We don’t all work the same. As long as the result you defined is achieved or surpassed without detriment to other procedures, accept their changes.

By defining what a great job looks like, it can help everyone to know when they are successful. Do email me if you’d like to see an example of a role profile.

3 Have I helped them to understand the importance of the task at hand and how it benefits the rest of the team/business?

Most businesses have inter-dependencies between different teams and within team members, and the performance of just one team member can affect the performance of all others. Not just in terms of morale but also because a failure by one staff member can prevent the next from doing their task or even undo previously completed work.

Too often I have seen individuals and teams selfishly succeed at the cost of others within their organization. Not exactly a “One for all and all for one” attitude!

The solution is to ensure your staff really understand what is the common goal to which they are contributing and what their role is within the company/department to help achieve that goal. From experience, I’ve found that rather than having individual meetings, larger group meetings can be highly beneficial. These occasional company/department ‘awareness’ meetings are best done where as many as possible can attend and interact with staff in other departments. Another way I’ve seen done is for a couple of members of one department ‘present’ to another department how their particular function fits in with the whole company scenario. These short presentations usually take about 10 mins or less and can be highly effective to create a true picture awareness of the whole company operation.

I read a powerful story recently that illustrates this point: – A group of journalists were touring NASA back in the time of the moon shots and they came across a janitor who was busy sweeping the floor. What are you doing here? Asked one of the journalists, slightly looking down his nose at this chap. Without hesitation, the janitor replied “I’m helping to put a man on the moon.”

So how do your people feel they are contributing to the wider mission of your business?

4 Have set aside regular times for honest 1-2-1 reviews of their performance?

This is another area that I see frequently causing problems. There just isn’t enough 2-way communication going on within businesses; even, in fact especially, at senior levels.

So, right now, do you have a regular program of 1-2-1 meetings between an employee and their line manager? To be honest, those owners that do are in the minority of small business owners!

The benefits of these meetings are that the employee gets to assess their own performance against their given objectives and have that view validated (or otherwise) by their line manager. Just one word of warning here, do NOT call them evaluation, performance or assessment meetings. People do not like to feel they are constantly being judged by their employers and such meeting titles send that very message. Conversely, people do like to think of themselves as an important part of a process. So perhaps call them something like production meetings or development meetings. Any meeting title you like, as long as it doesn’t sound like it’s being judgemental of the employee. So many times I’ve heard people say ‘I’ve got my appraisal meeting tomorrow’ with the same tone of voice used as if being sentenced for murder.

No matter how good the employee’s performance is, these 1-2-1 meetings can be the opportunity to identify ways that the employee can contribute yet further. Where there are gaps in performance versus requirements, then there is the opportunity to do something about them. It should also be the time when an employee can suggest to the employer/manager ways in which they think operations can improve, or are lacking, but may be outside of their scope of employment. Many is the time when employees have identified possible points of improvement that an employer would be hard pressed to be aware of.

If nothing else a 1-2-1 review, when done correctly, enables the staff member to feel valued and heard. Which is going to make them a better employee and more likely to do what you want them to! If you’d like some ideas on how to set up an appraisal system, then please just drop me an email.


Great communication within a business is not hard to do, but it is also very easy not to do. Before you file away this paper, please take 5 minutes to jot down your key learnings from this article and decide what actions you want to take to improve team performance over the next 90 days.


Costa Rica Real Estate – Getting Rich in the New Real Estate Boom

If you want to buy property for investment and capital growth potential, then you need to consider investing in Costa Rica real estate.

Costa Rican real estate prices have been rising for years, and as more foreign buyers look at investing in Costa Rican real estate, prices look set to soar. Already prices in some areas are booming – and many properties have doubled in value in just two years!

So, how do you get in on the booming Costa Rican real estate market? – Let’s find out:


The key to buying real estate anywhere is location. It’s a fact that properties worldwide that have coastal views are in high demand – and this trend is now being seen in the real estate market of Costa Rica.

The Appeal of the Coast

Investors in the Costa Rica real estate market are able to buy properties on a beautiful coastline, in a country of stunning natural beauty.

In Costa Rica, real estate is cheap in comparison with many other countries – but interest in prime Costa Rica properties is growing – and investors who get in on the boom now, look set to make huge gains on their investment in the near future.

Getting in Ahead of the Crowd

When buying property, the trick is always to be in ahead of the crowd.

People who took a chance and invested in coastal real estate in California, Hawaii and some parts of Florida were ahead of their time – and were rewarded with fantastic long-term capital growth. For example, a typical $30,000 investment in any of these three states 30 years ago, could have returned over $1,000,000 today!

Why Costa Rica?

What happened in California and Hawaii 30 years ago is happening again – in the Costa Rica property market. A major factor is that Americans are buying second homes in the United States in record numbers – thereby driving up the cost of vacation homes – and they’re now looking elsewhere.

Costa Rica’s Big Profit Potential

Investors who purchased $30,000 properties in the town of Jaco 15 years ago, have seen their property values soar – with some properties now worth as much as $750,000.

Another example of the Costa Rica real estate boom is the Marriot Corporation, which built its crown jewel of Latin America – the Los Suenos Resort, and pre sold 50 condominiums of 2000 square feet for $250,000. The next year Marriot sold another fifty at $350,000. Now this years upper end units are being sold at between $450,000 and $850,000!

The Standard of Life in Costa Rica

Costa Rica real estate prices are being driven higher because the country offers buyers value for money – and a quality lifestyle.

Here are just some of the benefits:

Easy Access

Costa Rica is only 3 hours flying time from many places in the southern U.S. In addition, many non-stop flights are available to South America and Europe from Costa Rica.

Cost of Living

The cost of living in Costa Rica is inexpensive – and you can comfortably live on $2000 a month. In addition, in most areas, real estate costs far less than it does in the U.S.

Standard of Living

While the cost of living is low, the standard of living is high. Thee are good schools, a variety of leisure facilities and culture, world-class healthcare and a great communications infrastructure.

Buying is Easy

Buying real estate in Costa Rica is easy – the Costa Rican Government encourages overseas investment, and the result of this is that it’s easy to buy property, and live or work in Costa Rica – and red tape is kept to a minimum.

A Country of Stunning Natural Beauty

Costa Rica is a very small country – just 32,000 square miles, with a total population of just 3.9 million.
Costa Rica may be a small country, but it has something for everyone:

. Stunning white sandy beaches

. Mountains

. Rolling hills

. Beautiful lakes

. Stunning rain forests

And much more.

Costa Rica for Living or Investment

Costa Rica real estate is easy to buy and it’s cheap. Interest in real estate is growing – as more overseas investors look to buy affordable property in this country of stunning natural beauty with a standard of living that’s great.

If you’re looking for long-term capital growth then consider Costa Rican real estate now – and get in on one of the worlds most exciting property markets.