o_19grqq7snim9mn019q11f7ds26a.pdf
Marcus Lemonis, a serial entrepreneur and host of the show “The Profit” on CNBC, is a true survivor in the corporate world. The native-born Lebanese business man endured the chaos of a civil war in Beirut and eventually moved to Miami. Lemonis was exposed to the automotive industry throughout his upbringing - his grandfather owning two of the largest Chevrolet dealerships in the United States and Lee Iacocca serving as the family friend and later mentor to Lemonis. On page 12, we conducted an interview with “Profit” host Marcus Lemonis, who offers struggling small businesses capital investment and his expertise in exchange for an ownership stake in the company. In the latter part of the magazine, we interviewed countless wealth advisors during these tough economic times. We recognize that some of the changes in 2013 and 2014 require relevance for financial planners. Therefore, the financial industry continues to push for more realistic standards and reforms.
Marcus Lemonis, a serial entrepreneur and host of the show “The Profit” on CNBC, is a true survivor in the corporate world. The native-born Lebanese business man endured the chaos of a civil war in Beirut and eventually moved to Miami. Lemonis was exposed to the automotive industry throughout his upbringing - his grandfather owning two of the largest Chevrolet dealerships in the United States and Lee Iacocca serving as the family friend and later mentor to Lemonis. On page 12, we conducted an interview with “Profit” host Marcus Lemonis, who offers struggling small businesses capital investment and his expertise in exchange for an ownership stake in the company. In the latter part of the magazine, we interviewed countless wealth advisors during these tough economic times. We recognize that some of the changes in 2013 and 2014 require relevance for financial planners. Therefore, the financial industry continues to push for more realistic standards and reforms.
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
CONTENTS<br />
JULY 2014<br />
Issue 61 JULY 2014<br />
Issue 60 April / May 2014<br />
13<br />
exclusive interview with<br />
barbara marcus corcoran;<br />
lemonis;<br />
shark cnbc the tank profit host<br />
Rising Raise the of The WAGE Matriarch<br />
Mob Minimum Wives: Wage Holding Increase? Families Together<br />
D-Stocks Trivia Isn’t Belong Trivial in Every Portfolio<br />
Investors Tapping Breakthrough Flocking To Safety Thinking<br />
Sell 7 Negotiating in May and Mistakes Go Away<br />
Wall Evokes Streeters Fear, Stress Eye Stocks and Anxiety<br />
Pass Bad BYOD the Rooster Habbits Sauce<br />
Can Company California Sensitive Stand Data the Heat Exposed<br />
8<br />
Raise The WAGE<br />
This new wage rate goes into effect within the city limits of Seattle,<br />
Washington, on April 2015 with a phase-in period ranging from three<br />
to seven years depending on the category a business falls within.<br />
FEATURES<br />
13<br />
The Profit’s Marcus Lemonis:<br />
A Miracle Worker<br />
Marcus Lemonis, host of the show “The Profit,” on<br />
CNBC. Mr. Lemonis offers struggling small businesses<br />
capital investment and his expertise in exchange<br />
for an ownership stake in the company.<br />
16 Trivia Isn’t Trivial<br />
To stay relevant and competitive in today’s ever<br />
changing business environment, it’s crucial to<br />
remain on top of your game and a dominant<br />
player.<br />
18<br />
The 7 Most Common<br />
Negotiating Mistakes<br />
While even the word “negotiation” can<br />
evoke fear, stress and anxiety for many,<br />
the intent is quite simple: to discuss and<br />
ultimately agree on a deal.<br />
19<br />
Bad BYOD Habits That Can<br />
Expose Your Company<br />
The BYOD (bring your own device) system<br />
is practiced by many business big and small<br />
these days, however, if good security measures<br />
aren’t implemented and adhered to your sensitive<br />
data can be vulnerable.<br />
BUSINESS / FINANCE<br />
21<br />
Lease - Don’t Own<br />
Specializing in sale-leaseback options<br />
24 Talking Face to Face<br />
Professionals remain committed to the old-fashioned<br />
face-to-face conversation<br />
25 Investing without stressing<br />
75 percent of stressed-out Americans list money management<br />
and financial matters as the leading cause of their anxieties.<br />
26 Meeting With The Wife Too<br />
Both spouses must be equally involved<br />
29 Employees Need Education<br />
Texas-based fiduciary views participant education as critical<br />
component to plan success<br />
30 Building Wealth in Specialization<br />
Number of personal financial advisors<br />
foretasted to grow 27 percent<br />
8<br />
THE SUIT MAGAZINE - JULY 2014
Change language