“Make time to spend with friends and family, relax, and take well-deserved vacations. You’re hard work to become successful in your career is ultimately meaningless if you fail to also enjoy life and the people who surround you.” Sarah E. Harmon, Esq. • Partner, Bailey Kennedy “My father taught me to never ever be afraid of work. It does not matter what you do, but do it … [Read more...] about What is the greatest lesson you learned from your parents?
Contributed Departments
What does the “American Dream” mean to you?
“To me, and to millions of Americans over the years, the American Dream often involves owning your own home. With our economy and housing market in Nevada showing signs of recovery, I look forward to seeing the home ownership rate in our state going back up in the coming years.” Blane Johnson • President, Nevada Association of REALTORS. “For me, the dream is to do work I … [Read more...] about What does the “American Dream” mean to you?
Smart, Secure & Simple Computing
Security concerns and procedures are an important part of running any business. Even in a small company with 5 employees or less, being aware of where data is being stored, who can access it and how to take the first steps to protect it, is something all business owners and executives should know. In today’s fast changing technology environment, staying on top of technology … [Read more...] about Smart, Secure & Simple Computing
The Secret Business Killer: Hidden Fees in Retirement Plans
New regulations from the Department of Labor (DOL) and the Employee Retirement Income Security Act (ERISA) may expose business owners to personal liability for excessive retirement plan costs. This means that a business owner’s personal assets may be exposed, should an employee decide to bring a lawsuit against the employer for breach of fiduciary duty. Most business owners do … [Read more...] about The Secret Business Killer: Hidden Fees in Retirement Plans
What five words would you use to describe the best account executive/salesperson?
“The best sales person I have had the privilege of working with started with a high level of Integrity. Treating sales as a Profession and studying their craft was very apparent. Preparedness means not wasting a potential client’s time or their own by not doing the homework before the call. Hard Working and Aggressive complete the portrait of the best sales person I’ve … [Read more...] about What five words would you use to describe the best account executive/salesperson?
Commercial Real Estate Faces Myriad of Issues: NAIOP Board Members Visit Washington
For several years, NAIOP, the commercial real estate development association, has established and supported initiatives that will help define the industry going forward. These efforts include, but are not limited to, commercial development and redevelopment, roadway and highway infrastructure improvement, economic development, workforce investment and sustainable … [Read more...] about Commercial Real Estate Faces Myriad of Issues: NAIOP Board Members Visit Washington
What U.S. President do you most respect?
“Abraham Lincoln because of his perserverance.” Kyle Nagy •Current President, Southern Nevada NAIOP, Director, Commercial Capital Advisors “Easily, it’s George Washington. He had the power to appoint himself as a dictator after the American Revolution. Instead, he became the only man in history who could demand absolute power and maintain the humility to abdicate it for … [Read more...] about What U.S. President do you most respect?
Deriving Value from Patents: Legal Challenges and Strategies for Handling Them
United States patent grants the owner an extraordinary property right. In exchange for the patent’s teaching of how to make and use a patentable invention, the patent grants the patent owner the exclusive right to seek to exclude others from exploiting the invention. Patent owners can use this exclusion right in a variety of ways. In addition to using a patent to exclude others … [Read more...] about Deriving Value from Patents: Legal Challenges and Strategies for Handling Them
Is the mining industry paying its fair share? Monte Miller vs. Tim Crowley
Monte L. Miller is the president of Nevadans United for Fair Mining Tax, Inc and argues that the answer is no. In 1989, voters approved a constitutional amendment to the net proceeds of minerals tax of five percent which capped this tax at five percent in the Nevada Constitution. For 22 years, individuals and businesses have seen new taxes implemented and every fee and tax … [Read more...] about Is the mining industry paying its fair share? Monte Miller vs. Tim Crowley
What is a leader’s greatest attribute?
“A leader’s greatest attribute is the ability to forward think. Great leaders anticipate obstacles or challenges that may affect a team and can adjust quickly.” Carol Mayorga • District Manager, Wells Fargo Bank– The Horizons District “I don’t think there is a single greatest attribute. Vision, the ability to motivate and inspire people, providing clear direction and the … [Read more...] about What is a leader’s greatest attribute?
Stay Connected During the Unexpected: Effective Planning Can See Your Business Through a Disaster
Floods and earthquakes – as well as wildfires that too often plague the Southwest – are a very real reminder of how the unexpected can impact not only communities, but also the businesses in those communities. Planning for emergency communication should be done before a crisis happens, and it is important to take the time to ensure you and the business are well … [Read more...] about Stay Connected During the Unexpected: Effective Planning Can See Your Business Through a Disaster
What keeps you up at night?
“My children. Not so much in the traditional sense of making sure they’re safe and sound, but in the sense of their well being if something happened to my wife and I. We’re currently in the process of drafting our estate documents; designating guardians for our young children is of upmost importance at this stage.” Justin Thomas, CFP® • Shareholder/Wealth Advisor, TCI Wealth … [Read more...] about What keeps you up at night?
Do you have foreign asset disclosure requirements?
Before quickly answering no, consider the following requirements and penalties. The dollar penalties for not reporting are very significant and can go as far as being criminal. The following items are not meant to be all inclusive. The first item is the Form TD F 90-22.1 “Report of Foreign Bank and Financial Accounts”. This form is used to report a financial interest in … [Read more...] about Do you have foreign asset disclosure requirements?
What life lesson did you learn the hard way?
“I learned that the lack of loyalty I experienced with previous business dealings with other companies has made me take aggressive steps to make loyalty a core value in my company. This has been extremely rewarding and the main reason why we have been in business for over 50 years.” Jewell Creigh • President / CEO, Ute Construction Inc. “Life changes fast. If not managed … [Read more...] about What life lesson did you learn the hard way?
What’s the biggest change you saw in 2011 as it relates to business?
“The biggest change was the emergence of the short-term foreclosure investor, who buys homes in homeowner associations at foreclosure sales. Short-term foreclosure investors are only interested in a quick resale at a profit, not the long-term health of the homeowners association, and oppose any regulation or fee imposed by an association.” Paul Terry • President of Community … [Read more...] about What’s the biggest change you saw in 2011 as it relates to business?