Table of Contents

• COMMITTEE REPORTS
  • MEMBERSHIP REPORT
  • SOCIAL REPORT
  • SPEAKER COORDINATOR REPORT
  • TREASURER REPORT
• LEADS
• NOTABLE MENTIONS
• QUESTION OF THE DAY
• MAIN SPEAKER

Committee Reports

Membership Report
(Click here to go to the Membership page)

No report.
 

Social Report
(Click here to go to the Social Event page)

No report.

Speaker Coordinator Report
(Click here to go to the Speaker Schedule)

8/17 - Gus Dekavallas - Long Term Care.  Bring your policies in.  Today's discussion was an introduction to the complexity of the topic.

8/24 - Mike Whalen 

8/31 - No Meeting

9/7 - Gary Nelson

9/14 - Chris Curran

9/21 - Steve Chilton

Treasurer Report

No report.
 

Leads Report

03-13, 20-15, 51-40, 47-40, 28-22, 53-22, 53-40.

Notable Mentions

Mark Howard read from Article XIII of the MABE bylaws regarding board of directors and nominations. 

It is time again to "change the guard". We need to vote in two new board members. 

Members nominated the following:

• Denver Johnson

• Lisa Wolfe

• Bob Busch

• Phil Passante

 

John Passante shared a recent "shocking" moment... He touched a hot wire while sweaty - not a good combination.  It was the worst shock he has ever had.  He was thrown across the room.  He broke his wrist, bruised his ribs and more.  He literally thought he was on the verge of death. The incident has put him far behind on his work.

None.

Main Speaker

[delete/bios/other/questionofday.htm]

Guy Sawyer wants to know...

What was your greatest business failure?

We have a lot of business experience in this room.  Along with the good, it can be just as important to share the bad so we can all learn from each other's mistakes.

• Giving my wife 50% of my business after we got married.  I never planned on divorce.  I should have listened to my lawyer.
   

• LLC's with unrelated parties and no operating agreement (provisions for buyout, etc.). Things seem good at first.  But I have seen problems arise 3, 5, 7 years down the road. 
   

• My partnership falling apart. Emotionally it was hard. I will never get into a partnership again.
   

• Getting into different auxiliary companies.  They seemed like great opportunities at the time but drained me of money and time.  I learned how important it is to focus or your main business.  Don't spread yourself thin.
   

• Partnership with a person that liked to play.  He took his share of the profits and flew around the world.  I got stuck paying all the taxes.   

What have we learned?...Lawyers really aren't bad guys but partners sure can be!