The 41 Tenets of Andrew Tate

As controversial as Andrew Tate has been portrayed to the masses through Social Media/the Internet (without having a chance to tell his side, until the Patrick Bet-David interview), Tate has shown that he is a man of principles and holds strong idealistic views on the rules men should follow, that if one of our favorite superheroes were too random repeat these same tenets, most if not all would agree with them. As I post these tenets, please have the courage to read without any bias from who wrote them, but try to understand the message within each of them.

If you are able to decipher each tenet and agree with the message presented, I hope that you would use these tenets to help improve certain qualities and/or relationships within your own life, to become the BEST VERSION of yourself, that you could possibly be.

Keep winning and good luck to you all, on your journey through Entrepreneurship and/or life in general!!! #IndieVersal

41 Tenets of Tatism

1. I believe that men have the divine imperative to become as capable, powerful, and competent as possible in this life.

2. I reserve the right to hold my own beliefs and practice them as I see fit. And I allow all other people the same right to believe and act as they wish.

3. I prefer loving rewarding consensual relationships with beautiful, positive, and virtuous women.

4. I believe men and women are different, and each has unique and important strengths and abilities.

5. I believe men have the sacred duty to protect and provide for the important people in their lives.

6. I believe men have the sacred duty to protect the innocence and sanctity of their children and reserve the right and responsibility to raise their children, as they see best to ensure their long-term happiness and success.

7. I believe that men have the sacred duty to raise strong, capable, and honorable sons.

8. I believe that men have the sacred duty to raise kind, feminine, and virtuous daughters.

9. I utterly disprove violence within romantic or familial relationships.

10. I support good and honest governments. And I will obey only their laws.

11. I prefer to only conduct a business dealing with trusted and vetted brothers

12. I believe that a man has the sacred duty to hold to his word and do exactly what he says he will do.

13. I believe that a man’s life is difficult, and he has the sacred duty to become strong to handle such difficulty.

14. I believe men are personally responsible for their actions and for the results they achieve in their lives.

15. I believe in emotional control and the vital need to become disciplined and professional in all things.

16. I believe men have the sacred duty to approach everything in life from a position of strength.

17. I believe that all men have the sacred duty to become men of upright and virtuous character. And live above all possible reproach.

18. I believe it is incumbent upon me to ruthlessly identify my weaknesses and limitations and eagerly work to overcome them and become more capable in all realms.

19. I seek to improve my freedom to think, act, and live true to my masculine imperative in all ways.

20. I believe each man has a sacred duty to mold his physical body into the strongest, more resilient, and most capable version of itself possible.

21. I believe that men have the sacred duty to rigorously train themselves both physically and mentally every day.

22. I believe that I have a sacred duty to only eat the highest quality foods possible to maintain my health, vitality, and masculine virality.

23. I reserve the right to protect the sanctity of my bloodstream. And make my own decisions about my medical care and procedures.

24. I affirm the importance of endlessly improving my mental facilities through diligent work, study, and practice.

25. I believe in acquiring wealth and abundance to improve my life and do good for those I care about.

26. I believe in the merit of healthy competition and constantly encouraging all men to seek out the competition to improve themselves.

27. I believe that masculine brotherhood is essential to men’s mental health, happiness, and success. And I relentlessly encourage men to meet together, train together, and work together.

28. I maintain the trust of my brothers through reverent silence regarding our most sacred and shared experiences.

29. I believe in honoring my ancestors and living in a way that will make them most proud of me today.

30. I reserve the right to administer difficult rites of passage for our young men to allow them to earn the rank of manhood.

31. I affirm the importance and need of travel and adventure as men.

32. I seek to help men overcome poor mental health through embracing hard work, physical improvements, and shared masculine brotherhood.

33. I reserve the right to make the best choices I can at the time to protect my self-respect and mental health.

34. I do good in the world and seek to help those less fortunate than myself.

35. I believe all men have the responsibility to lead and guide those they care for to greater help prosperity and happiness.

36. I choose to only interact with those who are respectful and civil in return for my respect and civility.

37. I reserve the freedom to speak and refer to others as I believe is best and most truthful.

38. I reserve the right to choose my company and include only those whom I believe are best for my help, happiness, and success.

39. I believe I have an imperative to only spend my time in a way that I determine as beneficial, uplifting, and empowering to myself and others.

40. I choose to only allow myself to be influenced by those whom I believe have my best interest in mind.

41. Each day I dedicate myself anew to creating the greatest possible positive impact on the world and do the work necessary to achieve greater masculine excellence across all realms of human behavior.

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Watch the full Exclusive & Uncensored Interview of Andrew Tate w/ Patrick Bed-David, down below

Video provided by YouTube

[AllLaw] Advantages and Disadvantages of LLCs

A quick summary of the pros and cons of forming a Limited Liability Company (LLC):

A limited liability company is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation

Advantages of LLCs

Fewer corporate formalities. Corporations must hold regular meetings of the board of directors and shareholders, keep written corporate minutes and file annual reports with the state. On the other hand, the members and managers of an LLC need not hold regular meetings, which reduces complications and paperwork.

No ownership restrictions. S-corporations cannot have more than 100 stockholders, and each stockholder must be a natural person who is a resident or citizen of the United States. There are no such restrictions placed on an LLC.

Ability to use the cash method of accounting. Unlike a C-corporation, which often must use the accrual method of accounting, most limited liability companies can use the cash method of accounting. This means that income is not earned until it is received.

Ability to place membership interests in a living trust. Members of an LLC are free to place their membership interests in a living trust. It is difficult to place shares of an S-corporation into a living trust.

Ability to deduct losses. Members who are active participants in the business of an LLC are able to deduct its operating losses against the member’s regular income to the extent permitted by law. Shareholders of an S-corporation are also able to deduct operating losses, but shareholders of a C-corporation are not.

Tax flexibility. By default, LLCs are treated as a “pass-through” entity for tax purposes, much like a sole proprietorship or partnership. This means that LLCs avoid double taxation. Furthermore, an owner of an LLC is not required to pay unemployment insurance taxes on his or her own salary. However, an LLC can also elect to be treated like a corporation for tax purposes, whether as a C-corporation or an S-corporation.

Disadvantages

Profits subject to social security and medicare taxes. In some circumstances, owners of an LLC may end up paying more taxes than owners of a corporation. Salaries and profits of an LLC are subject to self-employment taxes, currently equal to a combined 15.3%. With a corporation, only salaries (and not profits) are subject to such taxes. This disadvantage is most significant for owners who take a salary of less than $97,500 for tax year 2007.

Owners must immediately recognize profits. A C-corporation does not have to immediately distribute its profits to its shareholders as a dividend. This means that shareholders in a C-corporation are not always taxed on the corporation’s profits. Because an LLC is not subject to double-taxation, the profits of the LLC are automatically included in a member’s income.

Fewer fringe benefits. Employees of an LLC who receive fringe benefits, such as group insurance, medical reimbursement plans, medical insurance and parking, must treat these benefits as taxable income. The same is true for employees who own more than 2% of an S-corporation. However, employees of a C-corporation who receive fringe benefits do not have to report these benefits as taxable income.

Via https://www.alllaw.com

[SmallBizTrends] What is a D-U-N-S Number and do I need one?

If you ever plan on seeking small business financing, entering into partnerships, or simply establishing your company financially, a DUNS number can help you make a major impact. However, some startup founders may struggle with the exact meaning of this term or the relevance to their operations.

So if you have ever wondered “what is a DUNS number used for?” or why you need a DUNS number, we have answers. Read on for a full explanation.

What is a DUNS Number?

A DUNS number is a unique number used in identifying a business. It has become the universal standard for tracking businesses and their financial transactions throughout the world. Getting a DUNS means your business has been validated by Dun & Bradstreet, one of the top credit reporting agencies. So it provides credibility to your brand and allows your team and others who may want to do business with you to easily gain more information such as your business credit.

A DUNS is a nine-digit number and once your business is assigned it, the number doesn’t change throughout the life of your business. Basically, the number is just used as a unique identifier for your company when creditors, vendors, or potential partners want to find more information. It is like a social security number for your business credit or financial information.

The term D-U-N-S number stands for data universal numbering system. In addition to identifying your business, your DUNS number also gets linked to your business credit report from Dun & Bradstreet. Upon registering, you’ll receive a copy of your PAYDEX score, which is Dun & Bradstreet’s credit scoring system that is designed to tell creditors how likely you are to make payments on time. This is similar to your personal credit FICO score, except it is for your business creditworthiness. The score ranges from 0 to 100, with anything between 0 and 49 indicating a significant amount of risk, 50 to 79 indicating moderate risk, and 80 to 100 indicating low risk.

How Do You get a DUNS Number?

You get a DUNS number from Dun & Bradstreet, and they offer this option to businesses for free. The site walks you through the process and just asks for some basic information about your business.

The first step is to check and make sure your business doesn’t already have one. Anyone can check a DUNS number for a business. Use the DUNS lookup number tool.

If you don’t find anything the next step is to apply. You will need the following information to apply:

  • Business name
  • Business address
  • Phone number
  • Business owner’s name
  • Year founded
  • Legal business structure
  • Number of employees

Apply for a DUNS here.

How Much Does a DUNS Number Cost?

A DUNS number is free. It costs nothing to apply for and get a DUNS number. However, the free process could take a month. But if you are in a hurry you can pay to get your new DUNS number faster. Dun & Bradstreet offers several options, including:

  • Free DUNS process — this can take 30 days. You apply online and your DUNS gets mailed to you.
  • $229 Expedited package — you get a DUNS within 5 business days. You also get a credit file with it.
  • Federal government contractors — you can get a DUNS for free within one day. Apply through the government contracting DUNS form.

Apply for a DUNS here.

Is a D-U-N-S Number the Same as an EIN?

No, the two are different.

Your EIN, which stands for Employer Identification Number, is a tax ID issued by the Internal Revenue Service. The EIN is used for identifying the tax accounts of employers and other businesses. Additionally, businesses with a number of employees or those registered as C corporations, partnerships, and LLCs are required to have them by the federal government.

Your DUNS, on the other hand, is a number that identifies your business for purposes of credit reporting and tracking your financial and payment history. It’s not required for businesses to register for a duns number. It’s simply a universal numbering system that is widely used throughout the world.

Why Do You Need a DUNS Number?

You need a DUNS number because it is required for receiving your business credit report from Dun & Bradstreet and for applying for any grants or cooperatives from the federal government. It’s also very useful for obtaining financing for your business, entering into vendor contracts, or forming partnerships with other businesses.

7 Things You Can Do With a DUNS Number

Small business owners will want to get a DUNS number because it helps them obtain business financing and opens the door to new business opportunities. Here is a list of 7 things you can do with a DUNS number:

1. Establish Business Credit

Just as you need to establish a personal credit history to get approved for loans or credit cards, you need to build credit for your business. A D-U-N-S number is the first step in that process. Once you establish this number, the financial transactions your business makes will contribute to building that history and establishing credibility for your business.

2. Track Your Credit Report

Your credit report isn’t just helpful when you apply for a loan. It can also help you ensure your business information is accurate. With a data universal numbering system like DUNS, you can easily access updated information about your company and correct any errors before they negatively impact your business.

3. Obtain Financing

Once you establish a positive credit score for your business thanks to your D-U-N-S number, you can start applying for loans, credit cards, and other types of financing to move your company forward. This isn’t necessarily a requirement, and there are other credit reporting agencies. But DUNS is a universally recognized numbering system that is often helpful, if not required, in these transactions.

4. Apply for Government Contracts

The federal government requires that contractors and anyone applying for federal grants have a DUNS number. You get your application fast-tracked when applying for this purpose specifically.

5. Appeal to Potential Partners

Any business or individual can look up a company’s credit score using their D-U-N-S number. So it’s a popular solution for companies that want to make sure their partners and clients are financially stable and credible before signing agreements.

6. Develop Apps

Apple requires that iOS developers use a DUNS number when creating their account with the App Store. This basically just standardizes the process of signing up and submitting apps.

7. Register as a Supplier

Many major retailers require their suppliers to have a D-U-N-S number. When you register to supply goods to these companies, having this number makes it easier for them to find standardized information about your company.

8. Apply for SSL Certificate

An SSL certificate is a credential that allows companies to make their websites more secure. A D U N S number isn’t a requirement to apply, but it can speed the process along by providing credible information quickly.


Via https://smallbiztrends.com

[DIYToolKit] Do you have a Business Model Canvas?

Of all of the start-up tools out there, the Business Model Canvas is one of the most well-known and relied-upon to help entrepreneurs transform an idea into an organized strategy and an actionable business plan.

The Business Model Canvas gives entrepreneurs a wide snapshot of every aspect of their business – everything from the value proposition and customer segments to operations and the financials. The tool itself, however, is no more complex than a series of nine boxes representing business segments drawn across one sheet of paper. A large part of its effectiveness is in its simplicity. The exercise forces owners to stay focused and concise as they map out their business according to each of the boxes to hone in on their business strategy and plan.

A Business Model Canvas lets you put your entire business down on paper and assess your strategy, planning gaps and exposure to risk.

According to Bruce Gitlin, SCORE mentor and business development expert, the Business Model Canvas can help entrepreneurs address specific risks and acquire more information about competitors, costs, customer segments or a market niche.

“Many start-up entrepreneurs and small businesses are so busy trying to get started and survive that they spend little time planning. When they do try to plan, they are often confused and don’t know where to start,” explains Gitlin. “This tool sets an overarching framework for developing a business strategy, a detailed business plan, and/or a prioritized action plan.”

You can easily create your own Business Model Canvas and go through the exercise yourself.

When planning your start-up, go through your own Business Model Canvas exercise and integrate your completed canvas into your business plan. If your business is already operating, going through the exercise is just as valuable. You’ll have the opportunity to assess your business plan using actual data and refine your strategy to get closer to your goals.

Here is a breakdown of the nine Business Model Canvas building blocks and how to think through each one as you create your own canvas.

  • Key Partners

Who are the buyers and suppliers you need to form relationships with? What other alliances will help you accomplish core business activities and fulfill your value proposition to customers?

  • Key Activities

What are the most important activities you must engage in to fulfill your value proposition, to secure distribution channels, to create and strengthen customer relationships, to optimize revenue streams, and more?

  • Key Resources

What resources do you need to create value for your customers and sustain your business?

  • Value Proposition

What core problem does your business solve? What benefits does your business deliver? And, what products or services will you offer to meet the needs of your customers?

  • Customer Segments

Who will your business serve? Will you serve a single customer type or multiple customer segments? Which customers are the most critical for your business’ success?

  • Customer Relationships

What types of relationships will you forge with your customers? What are the relationship expectations from each customer segment?

  • Sales Channels

Through what means will you reach your targeted customers and deliver your products and services to them? Which will be the most cost-effective? How are your sales channels integrated?

  • Cost Structure

What are all of the costs that you’ll incur while operating your business? There are two primary types of cost structures: value-driven and cost-driven. A part of this block is determining which structure makes the most sense for your business and factoring that into your cost strategy.

  • Revenue Stream

How will you charge for our product or service? What are customers willing to spend? And, how much will each revenue stream contribute to your overall annual revenue?

Identifying planning gaps between these nine building blocks is the real value of the Business Model Canvas.

According to Gitlin, gaps in planning stand out when using the tool, making it effective for entrepreneurs who are new to starting and running a business.

“The Business Model Canvas helps visualize what is important and forces users to address key areas,” he says. “It can also be used by a team (employees and/or advisors) to understand relationships and reach agreements.” via https://philadelphia.score.org/blog/benefits-using-business-model-canvas-2

via https://diytoolkit.org/