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NORTON NEWSLETTER
THE REAL ESTATE TAX PRO ™
NortonAccountingServices.com 985-690-4498 Info@NortonAccountingServices.com JUNE 2024
EASE OF MIND • AVAILABILITY • FLEXIBILITY • INDIVIDUAL APPROACH • EXPERIENCE • TAX SAVINGS OPPORTUNITIES
Maximizing Potential Through Mastermind Groups COLLECTIVE BRILLIANCE
Take the heat for relief. The best way to get help is to seek it out. Mastermind groups make this easy; when you meet, they have what is called the “hot seat,” where every member takes a turn getting up in front of the room and talking about the issue they are dealing with. After they explain their problem, the other members of the group come forward with ideas to help them navigate it. In one instance, we had someone come forward and admit they wanted to sell one of their businesses. It wasn’t their only enterprise, but it was a successful one. We convinced him to hold onto it and have others take up more of a managerial role. That way, they could be more hands-off and focus on other ventures that interested them more without getting rid of their golden goose. After all, businesses exist to provide money, so why get rid of one doing just that? Use peers to avoid pitfalls. Your ability to succeed is dependent on your mindset — the culmination of your life experiences and the knowledge you have accrued through study and hard work. Talking to others, especially those with different points of view and differing perspectives, helps you expand your own. Sometimes, the problem keeping you from growing your business is that you are stuck in a mindset not conducive to success, and that is why listening to outside voices can be especially fruitful. While mastermind groups typically cost money to join, in my opinion, it is better to spend a few hundred to discover and circumvent a future problem that would have otherwise cost you tens of thousands. That, to me, is the value of a mastermind group: the time, money, and energy you save dealing with problems you otherwise would have had to handle on your own. It is a support group for those embarking on uncharted territory, a way to tap into the collective expertise of like-minded people looking to take that next step.
When you run a business, you are bound to encounter problems you do not know how to solve. There are situations you cannot anticipate and issues you will not be aware of. Rather than making the same mistakes others have, why not embrace an approach that helps you avoid them entirely? After all, it is better to learn from their mistakes than make them yourself. That is where mastermind groups come in handy and why I personally use them to better my business. What is a mastermind group? Large companies have advantages and resources that are out of reach for most small businesses. A great example of this is a board of advisors: professionals whose knowledge and experience lend value to their advice and who, in turn, are invaluable to the company’s operations. After all, big or small, everyone needs a support system. Mastermind groups are like the small-business owners’ answer to the board of advisors. They are groups of small-business owners, entrepreneurs, and visionaries who meet regularly — not to network — but to problem-solve. In the group, you learn and teach others how best to structure your business, maximize profitability, and reach your target audience. Everyone shows up with a different question, and the answers to each are helpful to all. You’ll rub shoulders with accountants, attorneys, financial advisors, insurance professionals, and all manner of people looking to get their businesses off the ground. Together, you become each other’s board of advisors.
Mastermind groups are where peers meet to offer advice and support with their problems. I am in several mastermind groups and find them incredibly beneficial for growing my business and helping others to grow theirs.
–Bob Norton
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RECYCLING REIMAGINED Innovative Ideas for Repurposing Household Items
While not everything you throw away is “another man’s treasure,” as the old saying goes, much of it can still be put to better use. The “treasure” may just be the money you save and the help you provide to the environment by utilizing discarded materials. If you have ever wondered if what you are tossing out may still be useful, this article is for you. Here are five everyday items you can reuse to help the environment and your wallet! Cardboard Boxes All of us have spare boxes from moving or an online order. Rather than breaking them down and throwing them out or stacking them up sight unseen, why not use them for organization? Boxes make for great
economical option may be sitting in your car’s cup holder or on a fridge shelf. If you cut the tops off, plastic bottles are the perfect size and shape to contain the soil and roots necessary to start your garden strong and at a pittance of the cost of traditional options. Toilet Roll Tubes Are tangled wires making an eyesore out of your home office space? The cardboard tubes from toilet paper rolls we throw out make for a practical solution. You can turn these tubes into cheap wire organizers, and their shape and length make them perfect for HDMI cords, power cords, and phone chargers alike.
Wine Corks Your wine corks are useful for more than keeping your finest red from going bad. After celebrating with a bottle of Prosecco, you can make these corks into noise dampeners for cabinets and drawers. By cutting up the wine corks and gluing them onto the corners of your cabinets and drawers, you can turn them into impromptu soft-close bumpers, reducing the noise when you close those doors and drawers.
organizers in drawers or closets and can be easily labeled to make managing your possessions easier. Plastic Food Containers If you have ever bought a tub of yogurt, cream cheese, or other foods in large plastic
resealable containers, you should know you can reuse them to store various foods, like sandwiches, fruits, vegetables, and sauces. Whether for storing your lunch or a midday snack, plastic food containers come in multiple shapes and sizes to fit your needs — and you’ve already paid for them. Bottles If you have a garden or are thinking of starting one, you may have realized that planter pots and boxes can be expensive . Luckily, a more
Although you can repurpose some waste for your benefit, that does not mean everything
you throw out is worth the effort. None of us want our houses to look like something out of a post- apocalyptic movie like “Mad Max” or “Waterworld.” However, reusing certain items, typically considered disposable, can be a boon and lead to a more organized, happier household.
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On Dec. 15, 2023, pet owner Chanell Bell of Philadelphia was taken aback when she noticed that Kobe, her 4-year-old miniature Alaskan husky, had dug a hole in her home’s front yard. This was a stark departure from Kobe’s usual behavior, which Bell initially dismissed as boredom and promptly refilled the hole. However, when Kobe began to dig again in the same spot, Chanell realized something was amiss. HERO HUSKY SAVES THE NEIGHBORHOOD
“We’ve been here at our home for a while now, and he never digs holes,” Bell told USA Today. “So, I knew something was up.”
She investigated further, reviewing footage from the family home’s security camera overlooking Kobe’s newfound digspot. Then, she witnessed Kobe sniff the air around the area before digging the hole in the same spot again. Thinking something Kobe smelled must have alarmed him, Bell phoned Philadelphia Gas Works, which sent a crew out to investigate. The engineers discovered that the gas lines beneath the Bell household were old, dilapidated, and beginning to leak. After fixing the issue, the company told Bell that if Kobe had not discovered the leak, the line would have posed significant health and safety concerns for the whole neighborhood.
“They told me something as simple as a light switch turning on could’ve caused an explosion,” Bell told USA Today.
After Bell shared Kobe’s story on social media, it caught the attention of PETA, the People for the Ethical Treatment of Animals, who awarded the young husky the Heroic Dog Award. Inspired by Kobe’s efforts, Bell wrote a children’s book dedicated to him called “The Dog That Saved the Block Before Christmas.”
Delightful Banana Bread
TAKE A BREAK
This comforting, fruity favorite trans- forms overripe bananas into a moist, delicious treat perfect for breakfast or a snack.
Ingredients • 2 cups all-purpose flour • 1 tsp baking powder • 1 tsp baking soda • 1/4 tsp salt • 1/2 cup butter, softened
• 1 cup granulated sugar • 2 large eggs • 2 cups mashed ripe bananas • 1/2 cup chopped walnuts (optional)
Directions
1. Preheat oven to 350 F and grease a 9x5-inch loaf pan. 2. Combine flour, baking powder, baking soda, and salt in a medium bowl. 3. In a large bowl, beat butter and sugar until light and fluffy. 4. Add eggs and mashed bananas and mix until blended. 5. Gradually add dry ingredients to wet ingredients, stirring until blended. 6. Stir in walnuts. 7. Pour batter into prepared pan. 8. Bake for 65–70 minutes or until a toothpick inserted into the center comes out clean. Let cool before serving.
Adventure Camping
Hiking Juneteenth Park Picnic
Pride Sandals Sunburn Swimming
Father Gemini
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Norton Accounting Services, LLC
THE REAL ESTATE TAX PRO ™
PRST STD US POSTAGE PAID BOISE, ID PERMIT 411
NortonAccountingServices.com 985-690-4498 Info@NortonAccountingServices.com
1527 Gause Blvd. Ste. 132 Slidell, LA 70458
INSIDE 1
How Mastermind Groups Elevate Success
2
Smart Ways to Reuse Everyday Items
3
How a Pet Husky Prevented Disaster
Delightful Banana Bread
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Hot Water Is Phenomenal for Your Health?
Revived and Revitalized
The Wondrous Properties of Hot Water We are aware that water drinkers consume fewer calories than nonwater drinkers, and the link between consuming sweetened beverages and obesity attests to this.
drinking some hot water before your meal. Studies also show that drinking hot water 30–40 minutes before you eat can increase your metabolism by 40%, compared to just 30% from drinking room-temperature water! Additionally, researchers recommend drinking 2 liters of water, heated to at least 98.6 degrees Fahrenheit, to kickstart your energy expenditure throughout the day. Cleanse Your System One of the first side effects of drinking hot water is increased body temperature, which can lead to sweating and natural detoxification. Additionally, drinking hot water aids in preventing constipation, bloating, and hemorrhoids and helps break down food faster than cold water. If you want to lose weight or partake in some natural detoxification, it may be time to incorporate some hot water into your diet. It may be a hot take, but science suggests that ditching soft drinks for some heated H2O will benefit your health!
Beverage brands may boast the supposedly remarkable attributes of their energy drink and mineral water brands, but none can beat the benefits of water — and there’s research to prove it. Water is necessary to keep our bodies functioning, and drinking enough is essential to live healthily and reach our full fitness potential. However, a new development shows that it is possible to unlock even more of water’s potential — by drinking it hot! Enhanced Weight Loss While many know that drinking enough can make you feel full, it may actually do much more, depending on the temperature of the water and when you drink it. Research shows that drinking water can increase your metabolic rate and daily energy expenditure, which helps you burn calories and lose weight. If you want to lose weight, try
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