Writing a Personal Statement For Law School

In order to gain entrance into law school, prospective students are required to write an essay detailing the reasons why they want to become a lawyer. Unlike the college entrance application, personal statements for law school are essays that have an open format. Successful lawyers are high achievers long before they enter law school. They exude confidence and accomplish their goals.

When you write your law school statement, you need to write in a way that shows your skills, competence, and achievements. Think of the person reading your essay as you write. He or she will want to know what you have to offer society as a lawyer. That person also has an interest in your motivations for wanting to be a lawyer and what it is that makes you a better prospect than other law school applicants.

Remember that admissions officers review hundreds of applications. Tell them the true story of the things in your life that made you decide to become an attorney. Do not embellish or say anything false because they will see through it. Do not use clichés that you have heard from someone else or tell them what you think they want to hear. For instance, if you really enjoy helping the homeless, write it down in such a way that it shows your reasons rather than telling them.

What qualifies you to be a lawyer? What character traits, skills, and talents do you have that would make you a good lawyer? Describe everything you know about yourself that you feel qualifies you above other people. Don’t be disingenuous by exaggerating your skills and accomplishments.

If you have any weaknesses that you feel may potentially disqualify you from law school, how do you get around them in your personal statement? That is a tough question. If you have a period of time where you had below average grades, using excuses is not the solution to your dilemma. Try to find something positive that you learned that helps you overcome the flaw. In the case of grades, you could tell how you improved them.

Taking a Look at the Ohio Bankruptcy Laws

Ohio bankruptcy laws may differ from other states in terms of residential property exemptions, personal property exemptions and exemptible wages. Before you seek out your free bankruptcy form, you’ll need to know which type of bankruptcy you’re eligible for under state law (either Chapter 7 or Chapter 13). Many people hire legal professionals to help explain the technicalities of the local system, but here are some guidelines to give you a general understanding of Ohio law.

Like all laws, Ohio bankruptcy laws are aimed at helping consumers who can only pay the minimum amount on their bills, can’t dig out of debt within five years through a Debt Management Plan, are getting foreclosure or repossession notices and have suffered an unanticipated financial setback like a medical emergency, a divorce or job loss. While filing bankruptcy court forms cannot discharge expenses like student loans, IRS tax debt, child support, alimony, large luxury purchases and court-ordered settlements, the reprieve from other troublesome debts can give most Ohioans a fresh start.

You may be wondering which type of filing Ohio bankruptcy laws will permit you. People who are unemployed or suffering extreme financial hardship can often file for Chapter 7 bankruptcy or “total liquidation bankruptcy.” This will require you to give up certain personal items to be sold by a court-appointed trustee to satisfy some of your debts, although your financial obligations will end there and the rest of what you owe will be discharged.

In a Chapter 13 or “restructuring bankruptcy” settlement, you will still need to pay off your debts each month to a trustee, but you can stop legal proceedings against you and your property and make your monthly payments more reasonable. To fill out Chapter 13 forms applications, you must have no more than $1,010,650 in secured debt (mortgage, cars, etc) and no more than $336,900 in unsecured debt (credit cards).

According to Ohio bankruptcy laws, you are allowed a $5,000 homestead exemption, a $1,000 automobile exemption, $400 in cash, a refrigerator and stove totaling $600, death benefits and personal injury awards up to $5,000, household goods and furniture up to $1,500, jewelry up to $3,500, tools of the trade up to $750 and additional personal property up to $400. When you file bankruptcy forms online, you will not have to worry about losing medical support devices, pension benefits, retirement benefits or life insurance policies. You may use your federal exemptions in conjunction with the Ohio exemptions to help you save more of your personal property in your time of need.

7 Things to Consider Before Starting a New Business

Starting a new business and being your own boss is an excellent thing. It’s thrilling and also complex. For a flourishing business you’ll not only have to study and plan the different facets of your business but in addition thoroughly execute the plan. Here are a few essential things to take into account that will help you research and plan for the new business.

1. Do you have a Business Plan? It is the most essential piece of document a new business needs to have. It’s not always essential to come with a sophisticated and extensive plan; at times even short/concise plans are incredibly beneficial. My point here is you need to have at-least some type of a business plan/document. If not anything then sit down for a couple of hours and just create notes around just what your business will offer, who’re the customers, and how you’re going to make money.

2. Plan how much cash you’ll need to commit and the source(s) of these funds. Consider if your business didn’t earn money for the first 15 to 18 months, do you have enough capital to keep going? Research suggests that usually (on an average) a new business begins generating good money in around 2 years.

3. Ensure you understand the local (state/country) rules and requirements which are necessary to start a new business. This will mean obtaining the right approvals, submitting the mandatory documentation, registering your business/trademark, buying business insurance policy, etc.

4. If you’d be employing people, plan a structure of who will work under whose supervision/guidance i. e. basically your organization structure. In case you are having only a few workers creating a simple structure with well defined duties will greatly help in day-to-day business decision making.

5. Setup a framework on how you’ll make purchases & payments, raise bills to your clients & receiving their payments. Also, it is good to establish correct accounting methods from the beginning itself. If you’re new to your regional accounting practices/procedures employ a person who can help you with this.

Property and Liability Insurance – Critical Covers Required by Small and Mid-Sized Businesses

Own a small or mid-sized business? If so, consider the effort you put in terms of capital and other expenses to build your business. Small and mid-sized businesses do not have sufficient financial support as they invest whatever they have in working capital, purchase of raw materials, and other things. They need to protect these investments. For this, they need insurance according to the type of their business and the risks that may rise while running the business.

Critical covers required
Small and mid-sized businesses require a comprehensive policy that covers most of their business risks. The policy should include property and liability insurance to cover most of the risks. Let us discuss about them in detail.

Property insurance
Property insurance protects the property of the business and its physical assets. These include buildings, machinery and inventory – all that are connected with the business. It is important to insure all those physical assets that are at risk of being lost or damaged.

These include, the building where the business is housed regardless of ownership (own or leased), equipment, furniture, machinery, data processing units such as computers and accessories, furnaces, important documents, books; non-physical assets such as intellectual property rights, reputation, etc.

• Property insurance, in general, covers the risk of fire, disasters such as lightning, damage to property because of displacement to different location, the risk of damage to property by storms, mob violence, damage caused by vehicle and aircraft.

• A special form of property insurance covers the risks that are not mentioned in property insurance papers.

Liability insurance
Liability insurance covers the risk of claim because of
• Damage to others’ property
• Bodily injury caused to anyone (other than employees) because of business operation
• Personal injury including libel and slander
• Advertisement that misleads audience and is false

Things to consider while purchasing property and liability insurance
• Properly assesses risks: While considering the amount of insurance cover you are going to purchase, make a realistic estimate of the risks, your business is likely to face and see to it that all the risks are covered under your property and general liability insurance. That is, the insurance cover should be comprehensive with respect to the risks to your business.

• Expose security measures to get discounts: While purchasing property and liability insurance let the insurer know the security measures you have taken in your business such as security cameras, fire and gas alarms and the like. Further, give the details of building renovation, including electric working, plumbing, major repairs particularly in the ceiling cooling and heating systems to get discounts.

Common Reasons for Owners Selling Their Business – 2

There are many reasons why owners let go of their businesses. Some might find it hard to let go because it has given them a sense of accomplishment over the years and they might have developed a personal sense of attachment for it. Nevertheless, that does not stop them from selling their business in the long run, after all it should be all about the ‘business and never personal’. Here are common reasons why for owners selling their businesses.

Growth

This might sound crazy. But it is true that owners sometimes ditch their businesses because business growth stirs up a host of problems for them. Many small-sized businesses cannot cope with growth. Others do not have the required skill sets or investment requirements to march on. This can impede growth and give the competition an undue advantage to muscle in and take their market share. Opportunities for business growth can indeed be a blessing and curse.

Losing Interest

Many business owners start with a dream and work their way towards success. After achieving what they sought out to achieve, disinterest can set in. A decline in contribution towards a business will eventually take its toll. Moreover, personal commitments might be gnawing for attention and winning the war towards pulling owners away from their businesses. Your business might suffer a sharp decline and you might just think that you should get out before the value of your business plummets totally.

Alternatively, other people lose interest with day-to-day operations. Once they have succeeded erecting a business and made it work, they want to move on to the next big thing. So for them, selling is the only way to find something else that will motivate them.

Other People are Selling

Keeping tabs on the current trends and changes in the industry or surroundings is also a common denominator that sways people into selling their businesses. Many industries go through surging acquisition cycles where business evaluations increase substantially. Some people stay on these types of acquisitions in their industry or areas of business, when they gauge a flurry of activity and the numbers are looking good, they sell off.

Pressing Problems

Some people find themselves needing emergency money to offset certain things. Small businesses are assets. And since most of them are managed without succession plans or a board of directors, an owner can exit the business on his own terms and use the money to deal with his pressing problems.

The Very First (And Unexpected!) Step to Creating Your Ideal Business

Recently, I wrote an article* about some decisions I made in order to create a business that serves my every need completely, without compromising.

A lot of people responded to that article, and many of you wrote me how my story inspired you to think about what YOU need in your business.

Some people also wrote me that my story gave them hope: it shows that it really IS possible to create a business that serves your every need – no matter how extreme or weird that need seems to be.

Building an ideal business is something that most entrepreneurs crave.

I notice that every time in my program Big Mission, Big Impact. When I teach my clients how to create their own ideal business, they experience many eye-opening moments and valuable insights. And most of them start making changes in their business immediately as a result of it.

But I also notice (and experienced myself) that it is not always that easy to build your business exactly as you like it.

Opinions and expectations from others (and yourself) can really distract you from doing things YOUR way.

Not to mention the fears, doubts and negative voices in your head that show up as soon as you start thinking about what you REALLY want your business to look like.

Are You a Entrepreneur Or a Tyre-Kicker?

What do you want from life? Are you happy to be in the rat race, having a 9 to 5 job and looking forward to your retirement, where you will probably have to keep on working to supplement your pension?

For some people, that is enough. They either love their job so much that they would never even consider doing anything else, or they already earn a big salary and does not see the need to look at other options.

Most of us, however, gets frustrated with an office job. What really got to me, was having to get up early after getting up for my baby during the night. After rushing around like a chicken without a head, trying to get everybody ready, I had to rush the children to school and then rush to work just to get there on time. My big frustration started then: Trying to do my work effectively in an environment that was mainly male dominated. Being treated like a bimbo was not my idea of fun. To top that off, I worked for a salary that was far less than what I felt I was worth, but, if jobs are scarce, you keep what you have.

What I longed for, was to have financial security and more time to spend with my loved ones. I was getting into a rut and my relationships were suffering because of that. I longed for the laid-back, relaxed life I had growing up on a farm and wanted the same thing for my children.

I’m not a farmer, so that option was not open to me. I started doing some research and I realised that I just needed to double my current income at the time to be able to have the security I wanted. Finding a job that would have paid me that kind of salary, would have been next to impossible and it would not have come without some kind of price: Expecting me to work overtime or taking trips away from home, taking me away from my family even more.

Secrets of Successful People – Easy Steps to Becoming a Successful Entrepreneur

Learning The Power and Why

I’d like to start with a very powerful exercise that will show you how organize and better define your goals that leads to a pathway of success. Divide a sheet of paper into 3 equal columns and write: Massive Action, Goals, Purpose and Reward.

In your goal column write the biggest goal you’d like to achieve; the one that gets you most excited such as paying off debt, creating a 7 figure income this year, buying a new car or leaving your day job for good. Now write a price tag in the goal section of leaving your job- the amount of money you’ll need to earn to cover all of your expenses.

Now go to the purpose column and write your purpose and goals of entrepreneurship. Some examples are no more commuting on the train, being able to pick up your children from school or to spend more quality time with my family/children.

Let your mind move freely on this exercise so you can write about what your life will be like when you reach your goals. Be sure to leave some space at the bottom of this column to create another column by drawing a line across the bottom of this column. In this newly created column write the emotion (and this is Key) of how you’ll feel once you reach your goals such liberated, free, secure, worthwhile or confident. Again, let your pen flow here to capture the full impact of your emotions.

In your Massive action column-Write all of things you need to do to achieve your goals. (This is an exercise Tony Robbins teaches.) Choose 3 income producing activities that will drive you to success then choose 1 of those things that will give you 80% of the results to work on first. Some examples might be, wanting to increase your leads to 150 per day and perhaps the most effective way to achieve this would be to build a bunch of Google campaigns, or becoming a video master or setting aside extra time at night to complete your work projects. The key here is to focus on the one income producing activity project that you chose and to stick to it until you reach your goal. All else is secondary at this point keeping in mind that too many projects keep you distracted and not focused. Work on this one project until you reach your goal then move on to the second activity you chose following the same steps. As a side note, this entire process can also be applied to others area of your life that you’d like to improve upon such as health and fitness, dieting or Spirituality.

Becoming an Successful Entrepreneur by Being Selective

It is human nature to get distracted.

Without a clear purpose, you keep changing directions, changing jobs, changing relationships and changing everything else in your life hoping that each change will settle the confusion or fill the emptiness you have within you. You think to yourself “this time it’ll be different”.

Here’s the reality, it isn’t!

It doesn’t solve the real problem – Lack of focus.

Nothing is as potent as a focused life and the people who make the greatest difference in life are the most focused. So if you want your life to have impact, focus it.

Stop dabbling and stop trying to do it all. Instead, do LESS!

Do only that which matters most and never confuse activity with productivity.

Concentrate – Bend your energies to one point and go directly to that point, looking neither to the right nor to the left.

Focus does not come easily. It is a discipline that must be practiced each and every day.

Focus does three things for you:

· It keeps you on target – It stops you spending time on things that don’t really matter and that you don’t really care about.

· It increases your energy – Attempting everything, like attempting nothing, will suck the life out of you. Focus energizes you.

· Focus lifts you – It’s been said that the world stands aside to let anyone pass who KNOWS where he or she is going. In a sea of mediocrity, just knowing what you want to do, and making the effort to pursue it, distinguishes you from almost everybody else. Just by striving to become better than you are, you become elevated.

Matching Your Target Market – A Lesson From Mexican Entrepreneurs

How to reach your peeps is just about always on my mind – it comes with the territory of being a marketing therapist. So here I was, two days ago, lounging around on the public beach in Puerto Vallarta. And I ended up, no big surprise, watching the vendors who sell up and down the beach. It is a great case study of how to figure out what to sell to a specific target market.

In the space of two hours we were visited by quite a number of beach vendors. Here’s a list of the items we were offered:

Cooked skewered shrimp, topped off by one of the limes hooked onto a separate skewer.

Heavy blankets in various colors that could be used on the beach or as a rug at home.

Brightly colored large pitchers that looked like ceramic but were actually wood.

Toys and gum from a basket.

Tuba-tuba, which is a chilled coconut drink served into a cup from a huge hollowed out double gourd.

Lace shawls.

All sorts of jewelry – silver, shells, beaded.

Elaborately carved cold fresh fruit, your choice, from a head-balanced platter.

Music from a 3-group band, complete with voice and instruments (including a bass fiddle)

Music from a two-person steel band percussion group, a 4-foot long instrument that unfolded and sat on a table, complete with sound system (battery operated).