LaTasha reads Larry’s financial statement, she is silent for about 5 minutes, then she speaks. ‘This is an impressive financial statement. You are a millionaire on paper, but your cash flow is very weak. You have no debt except for your property mortgages. The South Bronx property was a good addition. You spend …
Income Statement Larry PhillipsRevenue (Salary) 38,000Expenses Rent 14,400 Utilities 7,500 Insurance 3,500 Food 3,000 Transportation …
Congratulations to the Los Angeles Rams, champions of Super Bowl 56. It was hard fought match between the Bengals and Rams. It was a win/win for Los Angeles and a Super win for Inglewood, CA, the city I live in. Inglewood has come a long way in the past ten years and I …
It has been 13 years since Larry took that part-time job as a Parking Valet at $150 per weekend. He has come a long way, he has worked hard, more importantly he has been smart with his moves. It has been only him up to this point. The sacrifices were not easy but …
It’s two weeks later and LaTasha is spending her first night in her new home. She is very nervous about the whole thing, but she is also excited about the prospect of working and finally succeeding on a large scale in her business. It is all happening so fast for her. Larry has …
After the weekend, LaTasha went to pay her rent, her Landlord would not accept her payments. He wanted her to move. She didn’t know what to do. She called Larry at 11:30 Monday night. She told him the whole story of being behind on rent payments. Larry asked, “What do you want to …
Larry has crossed over into the domain of being a professional businessman. He is a happy camper, plus he has found a great woman to work with. His plate is now full. Can he get operations under control before the budget gets out of whack? He has set a deadline, Jan 1, 2022 …