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800 Lb. Gorillas
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Written by Gil Michel, MBA   

Hello Gorillas, have you ever been in one of those modes where you really need to make something happen? i mean you need a big deal or at least a moderate deal ? (yeah like everyday huh?) to come through. Sometimes that one client you have been working on forever and a day is just dragging their feet on saying yes. Do they not understand that they are going to mess up the weekend ? Don’t they know that you will not sleep well for the next 48 hours if you do not secure this deal before the weekend begins ? jerks…

If there was just one more day in the week i could close them, you say to yourself. Friday has come too soon and you do not know what to do about it. Well Gorillas should know that  you should  never have just one client on the hook at any given time if you can help it . Volume,volume,volume is the key to the riddle.  When you allow one client to dictate your happiness in business is just  like wearing only one pair of underwear the whole week. It is bound to make you uncomfortable at some point !!

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An African-American Woman Charter A Bank?
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Written by Gil Michel, MBA   
The first woman to charter a bank in the United States was an African-American woman!

An African-American woman whose mother was a former slave and whose father is said to have been an Irish immigrant.

Maggie Lena Walker, who began working as a child, helping her mother wash clothes in an alleyway in Richmond, Virginia; was the first woman, black or white, to launch a financial institution for African-Americans.  She overcame not only the oppression of the racist Jim Crow Era, but even defeated the prevalent sexism of the day that purposefully excluded women as viable economic forces.

This African-American visionary was often quoted as saying, , "Let us put our money together; let us use our money; Let us put our money out at usury among ourselves, and reap the benefit ourselves."  

She practiced what she preached by only employing African-Americans within a variety of roles from butler to architect throughout her life.  Walker note only owned a bank, but she established a newspaper, The St. Luke Herald, in 1902, and served as one of the national leaders for the St. Luke’s fraternal burial society, which supported the sick and elderly within the African-American community before social security or welfare programs were established.

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Investing For College Students
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Written by Gil Michel, MBA   

Many times, a parent will ask me when I think is a good time to get their children involved in the subject of investing. I really believe that the age at which a parent gets the ball rolling with their child depends on the financial maturity of the child. For some, it can be as early as 10 years old, although some may not be ready to broach the subject of investing until they reach college. Now, you may already be turned off to this article, because you either feel like you are not a college student, or you don’t have one yet. No worries, this is still applicable to people who are not college students.


So let’s assume you are about to send your child away to college this fall and you want to equip him/her with, at least, a start in investing. One of the first things that I tell a teenager who wants to get educated about the stock market is to start researching a company that they are already interested in. For example, they know the latest sneakers that are popular right now. They also know which videogames are extremely hot. I tell them to find out the company’s stock symbol and go to a familiar website such as Yahoo Finance and start looking at how that stock performed in the past month or six months or for the past year. Once they do that I'll ask them questions like why do you think the company did really well in a particular month? And sometimes they’ll answer, “Well, it could be because on a particular date, Dwayne Wade came out with a brand-new version of a sneaker. Before you know it, he or she will be on Google for at least an hour trying to find out trends in what has been going on with that company or when certain models were released. They engage in their own research and go on a wild goose chase and they don't even realize that they are doing what a lot of financial analysts are doing (and getting paid for) everyday. 

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