Professional Equities - December 2019

Professional Equities - December 2019

Insider Passive Residual Income THEULTIMATEPASSIVERESIDUAL INCOME TM December2019 The

FROM THE DESK OF Bill Moist

WHY NOW IS THE RIGHT TIME TO “BUILD LUXURY RV RESORT AND STORAGE”

LUXURY RV RESORT AND STORAGE

What is a luxury RV resort and storage? First, it would offer what many RV (recreational vehicle) owners desire, but is not offered in the marketplace. Second, it would be amenity driven luxury development. What RV owners want but can’t find was actually discovered at the post office. The postal clerk had a friend who had just purchased a fifth wheel RV. The new owner was excited about her purchase until she discovered that backing it into a parking storage unit was not easy to do. So, she went looking for a pull-through and discovered they are very rare. The storage fee for a pull-through was almost as much as the payment for her brand-new RV. Our research assistant found only five pull-through RV storage units in NorthTexas, and they were all rented. So, we included pull through rental units in our development.

Families often travel hundreds of miles to be together during the holidays, and many people fly to their destinations. This fast, easy, and safe way to travel has carried thousands of people across the skies for the holidays thanks to the tireless efforts of two brothers who made the first recorded aircraft flight over 100 years ago. On Dec. 17, 1903, Orville andWilbur Wright made the first flight in a self- propelled, engine-powered aircraft near a small town called Kitty Hawk. Orville piloted this 12-second flight when the aircraft flew 120 feet before coming back to the ground. Orville andWilbur traded off as they tested their first airplane, making three more flights that day. Wilbur, who piloted the last test, kept the plane in the air for 59 seconds and covered 852 feet. The Wright brothers spent the following years discreetly perfecting their aircraft. Their secrecy allowed them to obtain the patents and contracts they needed to improve their aircrafts and continue testing. A couple years after their first flight, they designed a plane that stayed aloft for 39 minutes and maneuvered more THE FIRST FLIGHT W hat the W right B rothers M ade P ossible

Our planned amenities for RV resort and storage renters include:

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Dog park

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Electricity provided to all storage and rental pads

Ice machine Postal center

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Clubhouse

WiFi

Bath rooms and private showers

Fitness center Gated entry Bocci ball court

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Laundry

Splash pad water spray- ground (kids love it)

Paved drive and parking

This luxury RV resort and storage has somuch going for it. How can an investor or user not get excited?

–Bill Moist

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to your kids about what to expect during the trip. This will help them visualize what’s ahead of them, and, rather than be uncomfortable or anxious, they will be excited and eager for the adventure. Your holiday flight can be a great learning opportunity for them, too. Teach your kids about the efforts of the Wright brothers and how their invention made it possible for families — like yours — to celebrate the holidays together more easily.

busy time and making proper adjustments are crucial to ensure the crowds don’t hinder your travel. Make sure to arrive early and keep an eye out for any updates to your flight. If you’re planning to travel with children or you’re a senior flyer, it’s important to make the airline aware of any special accommodations you may need for boarding (like wheelchair assistance or car seat installation) and for landing. Consider bringing quiet entertainment to keep kids occupied and talk

easily in the air. Then, in 1908, they made their first public flight in France.

The accomplishments of these two brothers opened up an entirely new way of travel. Not only did they prove that air travel was possible but also that planes could be the most efficient way to travel over long distances. Through their efforts, traveling around the world became even more feasible. Today, people rely on airplanes to explore new cultures and countries and to bring them home to their families. No one worries about whether they’ll be able to see a family member if they move hundreds of miles away anymore. Instead, they only have to decide which airline to use and purchase tickets in time for the holidays. If you’re planning to take advantage of the Wright brothers’ legacy this holiday season, keep a few important things in mind. Since the airplane has become a significant part of holiday travel, thousands of people flock to airports all around the globe. Planning for this

DELEGATE TO ELEVATE The Secret to Being a Great Leader

someone who is more skilled than they are. The task will get done faster and at a much higher quality. TIME-SENSITIVE: These tasks need to get done right now but are competing with tasks of a higher priority. Just because it has to get done immediately doesn’t mean you have to be the one to do it. Sure, some tasks only you can accomplish, but these are extremely rare. As the Virgin Group founder Richard Branson warns, needlessly resisting delegation is the path to disaster. “You need to learn to delegate so that you can focus on the big picture,”Branson says.“It’s vital to the success of your business that you learn to hand off those things that you aren’t able to do well.”

booking the flight are all small tasks someone else can handle.

Poor delegation is the Achilles’heel of most leaders, who often confuse being“involved” with being“essential.”To determine if you’re holding on to work you should delegate out, the Harvard Business Review (HBR) recommends asking this simple question:“If you had to take an unexpected week off work, would your initiatives and priorities advance in your absence?” If your answer is no or you aren’t sure, then you’re probably too involved. No one person should be the cog that keeps everything inmotion, no matter their position in the company. Luckily, HBR has created an audit using the following six T’s to identify which tasks can be delegated. TINY: Small tasks that stack up can undermine the flow of your work. Registering for a conference, putting it on the calendar, and

TEDIOUS: These tasks are straightforward but not the best use of your time. Someone else can input lists into spreadsheets or update key performance indicators for a presentation. TIME-CONSUMING: These important, complex tasks don’t require you to do the first 80% of the work. Identify what they are, pass them to someone else, and step in for the final 20% to give approval. TEACHABLE: Is there a task only you know how to do? If so, teach someone else to do it, and step in for the last quality check when it’s done.

TERRIBLE AT: It’s okay to be bad at some things. Great leaders knowwhen to pass tasks off to

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DO YOU HAVE A STORY TO TELL? Share Your Wisdom in a Memoir

feel or understand by reading my words?” From there, select anecdotes that support your theme. Make sure they’re clear and cohesive. Then, write like you would a fictional novel or story. Show, don’t tell, and keep readers invested by having a narrative arc, whether it flows chronologically or jumps back and forth in time. Remember, this is not a time to air dirty laundry; it’s a time to reflect, grow, and share your experiences with the world.

The urge to leave behind a legacy is an inherent human instinct. Whether you accomplish this by raising children, building a successful company, or starting a charitable organization, the desire to share your wisdom should not go unfulfilled. If none of these options work for your lifestyle, writing a memoir may be a good option. A memoir not only tells your story but also passes on the wisdom you’ve gained from your many experiences and offers a unique perspective to inspire future generations. Writing can be a therapeutic exercise at a time when your life may be changing due to retirement or your kids growing up and leaving the house. And because personal reflection is a natural occurrence with age, writing a memoir can be the perfect way to spend your time. As you gain enough distance from life events to grow useful perspectives, the stage is set for self-discovery and transformation. Even more so, your life experiences can give valuable insights to readers of all ages and circumstances. That’s why biographies and memoirs are such popular genres — reading about real people helps others understand the world and how they can live in it.

To get started, pick a theme. Ask yourself these questions, “What message do I want to leave with my readers? What do I want them to

Take a Break!

Inspired by Food & Wine Magazine

Classic

ROAST CHICKEN

Ingredients

• • • •

1 chicken, approx. 5–6 lbs

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2 tbsp unsalted butter, melted

Kosher salt

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1 large yellow onion, thickly sliced 4 carrots, peeled and cut into 2-inch pieces

Freshly ground pepper 1 large bunch fresh thyme, 20 sprigs removed

•

• •

1 lemon, halved

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Olive oil

1 head garlic, cut in half crosswise

Directions

1. Heat oven to 425 F. 2. Rinse chicken inside and out, removing giblets if included. Move to a work surface, pat dry, and liberally season with salt and pepper. Stuff cavity with thyme bunch, lemon halves, and garlic head. Brush outside with butter, and then season again. Tie chicken legs together with kitchen string. 3. Meanwhile, in a roasting pan, toss onions and carrots in olive oil and season with salt, pepper, and 20 sprigs of thyme. 4. Place the chicken on the vegetables and roast for 1 1/2 hours. 5. Remove from oven, and let stand for 20 minutes covered with foil. 6. Slice and serve with the vegetables.

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INSIDE THIS ISSUE From the Desk of Bill PAGE 1 Bringing Families Together for the Holidays PAGE 1 What Great Leaders Have in Common PAGE 2 Tell Your Story and Share Your Wisdom PAGE 3 Take a Break PAGE 3 Classic Roast Chicken PAGE 3 Tips for Running and Jogging in ColdWeather PAGE 4 Professional Equities, Inc. BILLMOIST'S

THE ULTIMATE PASSIVE RESIDUAL INCOME TM

PRST STD US POSTAGE PAID BOISE, ID PERMIT 411

401 N. Carroll Avenue Ste. 166 Southlake, TX 76092

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RUNNING IN A WINTER WONDERLAND TIPS FOR RUNNING AND JOGGING IN COLD WEATHER

stepping out on the ice. Regardless of how amazing your shoes are, remain vigilant about where you’re stepping. DRESS DOWN A LAYER. Yes, it is cold outside, but your body will naturally warm up as you run, just like it would with any other physical activity. Think of what you would normally wear to stay comfortable in the cold, and then wear one less layer when you’re running. Of course, you should keep other weather elements in mind as well, such as wind, rain, and snow, when you’re picking out your running clothes. Finally, if a day is particularly cold, snowy, or windy, don’t force yourself outside for the sake of your health. Sometimes, a good bowl of soup and a roaring fire can be just as physically satisfying as a run outside.

Maybe you love the majesty of a winter’s morning, or maybe you just hate the treadmill. Whatever your reason is for wanting to run or jog outside in the dead of winter, remember to take the proper precautions before stepping out. Runners face challenges during the winter that they don’t face any other time of year. If you want to experience the winter safely, there are a few things to keep in mind. WARM UP INSIDE FIRST. If you’re planning on braving the snow and frigid temperatures, try to spend 10–15 minutes warming up before you walk out your front door. Cold weather naturally tightens muscles and joints, so stretching your limbs in a heated environment is a good way to ensure maximum comfort and minimum risk of injury when you’re running in the cold.

WEAR SHOES WITH TRACTION. If your favorite running path is covered with snow and ice, you should consider finding a different route. But, if you can’t resist going down your beaten path, then you need to make sure your shoes are up to the challenge. If your running shoes have worn soles, then you’ll need to get a new pair with soles that will grip the ground better before

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