Bridge Firm Recovery August 2018

Recovery Reader The August 2018

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FROM THE DESK OF Dan

There is an old saying my long time mentor used to say: “The sale isn’t complete until the cash register goes ‘ding.’” After 35 years, that saying still rings true. However, I have found that keeping that cash register “dinging” means preparing for that successful sale. In the Landlord Tenant business, two ways that we help are: Screening Services We acquired Preferred Screening Profiles to accomplish better tenant selection for our clients. IT WORKS! Your perspective tenant pays for their own screening (a self-selection process itself ) and you decide based on factual FCRA compliant report information. Collection Recovery We provide the “or else” when the register doesn’t ring. Helping your tenant understand the importance of meeting their obligations is a lesson we teach every day with judgments, garnishments, and asset recovery. And then, you hear the “ding” ... The next time you are in the store and hear that “ding” at the register, remember, we can

FAMILY-FUNACTIVITIES E njoy the L ast of the S ummer W eather

With school right around the corner, you might be thinking about taking your kids out for a bit of fun before the school year starts. If you’re fresh out of ideas on what to do, here are a few activities for your family this month.

TAKE YOUR KIDS TO THE MOVIES

There were many great kids’ movies released this summer that you and your children can see as a family. “Incredibles 2” came out on June 15, 14 years after the first “Incredibles” movie. This time, watch as the character Jack-Jack explores his many superpowers. Several other films were released just last month, such as “Hotel Transylvania 3: Summer Vacation,” where the Count and his family go on a cruise. “Teen Titans GO! To The Movies,” also came out and includes the teen heroes experiencing their very first movie. This month enjoy “Christopher Robin,” which will be released on Aug. 3, and the adventures of beloved Winnie the Pooh and his friends. While taking your kids to a family-friendly film is fun, it doesn’t have to be the sole reason to get out of the house. Before or after the movie, you can take them to a local park to enjoy the playground or a pool.

help you recover those unpaid rents gathering dust in those file boxes.

Call me today!

- Dan Larson

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Cover story, continued ...

HAVE A PICNIC

Give your kids a last hurrah before they head back into the classroom. Don’t let this August slip through your fingers!

under a hot sun. Also, make sure your family has applied enough sunscreen and that everyone has sunglasses to keep the sun out of their eyes.

Going on a picnic is an excellent activity for the whole family. Not only does it give you quality time with the kids, but they can engage in the activity from start to finish. While preparing for the picnic, ask the kids what they would like, and create a list of food that everyone suggests. Take the kids to the grocery store and let them help you pick out the items on the list. Teach them what to look for in ripe fruits and fresh vegetables. While packing for the picnic, let the kids wash the vegetables and fruits and help put smaller foods into zip-close bags or containers. Traditional sandwiches and juices can be on the list, but it’s more fun to include an assortment of foods. Create your own unique trail mix — combine everyone’s favorite dried fruits, salted nuts, and other small snacks. You can also make a homemade fruit salad by combining bite-sized fruits.

GO CAMPING IN YOUR BACKYARD

Preparing for a camping trip can be stressful and even expensive. Backyard camping can be a fantastic alternative for the family. Not only can you enjoy the pleasures of a campfire, cooked food off the grill, and s’mores, but you are also just feet away from a fully functioning bathroom and refrigerator. This activity can be a family bonding event and a chance to let the kids learn a few important values. Work together to set up the tent, and while starting the fire, take the opportunity to teach your children about fire safety. Play games in the backyard, tell a few campfire stories, and let your kids come up with a few tales of their own. After the sun sets, take some time to stargaze. Encourage your kids to see if they can spot constellations and point out the ones you know to them.

When you get there, find a shaded place to set up your picnic — no one wants to sit

When Life Gives You Lemons ... 4 Business Lessons From Young Entrepreneurs

Lemonade stands are rumored to have originated with New York journalist Edward Bok, who, as a kid growing up in Brooklyn, sold ice water on hot summer days to thirsty passersby. When other water salespeople tried to move in on Bok’s profit, he got creative by adding lemon juice and eventually sugar to the mix. The result of this innovation? Sales soared.

says, “I advertised through Facebook and word of mouth. I created my own business page. I shared it with friends, family, and the community. ArkLaTex Horse Rescue advertised my stand, and I posted advertisements to many local Facebook groups as well.” BUILD YOUR BUSINESS AROUND YOUR VALUES. Have you heard of anyone starting a million- dollar lemonade stand? There’s one person who has, and her name is Alex. She was diagnosed with cancer as a young girl, and her determined spirit motivated her to fight back. She started a lemonade stand to raise money for other kids with cancer. The message of the stand with a purpose spread, and Alex raised $2,000 in a single day. Sadly, Alex passed away when she was 8, but her legacy continues to thrive through her family, who turned Alex’s Lemonade Stand into a foundation. It’s raised over $127 million for cancer research.

Lemonade stands continue to be a popular summer pastime for burgeoning entrepreneurs, and there are a few things we can learn from these humble business endeavors.

BE ADAPTABLE. Warren Buffet has had business on the brain since birth. During his childhood, when he noticed that a friend’s house got more foot traffic than his did, the future tycoon moved his lemonade stand to the prime realty. Buffett obviously benefited from this innovation; the jury is still out on his friend.

of the stand was frequented by many French- speaking Canadian customers, and since the friend was born in Montreal and spoke French, the girls greeted each customer in English and French. More conversation makes more sales. ASK FOR REFERRALS. Megan, kid entrepreneur and owner of “Dr. Megan’s Mad Mango Lemonade” in Louisiana, knows a thing or two about the value of word-of-mouth marketing. Megan makes sure customers have an easy time spreading the word about the refreshing lemonade. In her second summer running the stand, Megan

GO ABOVE AND BEYOND FOR YOUR CUSTOMERS.

When Ann Handley’s daughter and her friend opened up a lemonade stand, they found a way to connect with their demographic. The location

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A Helping Hand Why Business Leaders Need to Ask for Help

“CAN YOU GIVE

Having to ask for help isn’t a sign that you’re unable to achieve what you set out to do. In fact, when you ask for help in business, you may find you’re able to achieve more. This is because asking for help is a form of networking. You’re actively reaching out to experts, learning how other people solve problems, and broadening the awareness of your name and brand at the same time. If you struggle to ask others for help when you need it, start by changing your mindset. You don’t have to do it all; you’re just one person, and sometimes one person needs to delegate tasks to others to get more done. Asking for help is also easier when you know what you want to ask for. If you are overwhelmed by a big project, take a moment to write down your goals for that project, along with a list of action steps and resources needed to get there. Then think about who you can reach out to in order to tackle these steps. If you’re still uncomfortable with asking for help, make a point of helping others when you can. Being helpful changes the way you perceive receiving help and builds a positive reputation with others. When you are viewed as being helpful, other people want to help you in return. Asking for help means admitting you can’t do it all alone. But why should you have to? Doing it all alone can be pretty lonely, and asking for help means you have a team to support you wherever you go.

ME A HAND?”

Asking for help is a simple request. Most people do it every day, whether they’re getting a second opinion on a paint color or asking a stranger to hold the elevator. Asking for help is important; the ability to work as a team is one of mankind’s greatest strengths. But if the act of asking for help

is so essential in our lives, why do entrepreneurs have such a hard time

with it?

This struggle often comes from pride, the idea that if you admit you can’t do it all, then you can’t do anything. But this mindset often leads to ruin. In a survey by 99 Design, most entrepreneurs claimed the worst mistake they ever made wasn’t a poor financial decision or bad planning — it was simply not asking for help early in their careers.

Take a Break!

Summer

GRILLED HALIBUT

Ingredients

1/2 cup hearts of palm, drained

4 boneless, skinless halibut fillets, about 5 ounces each 1/4 cup olive oil, plus extra for drizzling

Basil leaves, for garnish

Kosher salt and black pepper, to taste

1 lemon

2 pounds mixed tomatoes, sliced

Directions

1. Lightly oil grill grates and heat grill to medium.

2. Grate 1 teaspoon lemon zest onto halibut fillets. Drizzle with olive oil and season with salt and pepper.

3. Grill halibut, turning just once, for about 5 minutes on each side.

4. In a mixing bowl, combine tomatoes, hearts of palm, juice from lemon, and oil. Season with salt and pepper.

5. Garnish salad with basil. Spoon salad over grilled halibut. Serve.

Recipe courtesy of Bon Appetit Magazine

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A good night’s sleep is one of the most important things you can do for your mind and body. One study published in the Journal of Psychosomatic Research found that the quality of your sleep is much more important than the quantity — that is, if you want to feel rested. And we all want to feel rested. So, what can you do to improve the quality of your sleep and get the rest you need? LISTEN TO YOUR BODY. This, above all else, is crucial to a good night’s sleep. Your body knows when it’s time for bed. Generally, you want to go to bed when you feel tired, whether that’s at 8 p.m. or 1 a.m. Whenever your body tells you it needs rest, you should make a habit of going to bed then. The more consistent you are, the better your sleep will be. WAKE UP NATURALLY. Jolting yourself awake with an alarm or radio isn’t doing your brain and body any favors (it can be stressful on the body and even elevate blood pressure, INSIDE THIS ISSUE From the Desk of Dan PAGE 1 Enjoy the Last of the SummerWeather PAGE 1 What You Can Learn From the Most Successful Lemonade Stands PAGE 2 Why Is it Hard to Ask for Help? PAGE 3 Take a Break PAGE 3 Summer Grilled Halibut PAGE 3 Sleep Better and Feel Great PAGE 4

HOW TO ACHIEVE A MORE RESTFUL NIGHT’S SLEEP

which is not good first thing in the morning). If you do need an alarm, consider a wake-up light. Wake-up lights mimic the sunrise, slowly brightening the room, waking your body in a natural, gentle way. KICK THE SCREEN HABIT. You’ve heard it before, and you’ll hear it again: Looking at an electronic screen — a TV, computer, tablet, or smartphone — before bed is detrimental to sleep quality. Light from these devices is disruptive to your brain’s suprachiasmatic

nucleus (SCN), which helps regulate your circadian rhythm, and screen time before bed can throw off normal SCN function. Put your excuses for staying up too late to bed. Say no to “one more episode.” And all those emails? They can wait until tomorrow. Not getting enough quality sleep is harmful to your mental and physical health. When you get into the habit of following these three tips, you’ll find yourself feeling rested and refreshed in no time.

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