BUILDING BRIDGES
Supporting businesses by lending good money to good businesses.
April 2012 - Vol 5, Issue 4
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Greetings! |

For most of the country, we breezed right on through the mild winter and now we are facing a sunny, bright springtime! We have been quite busy at Mazon Associates signing up new clients who have been in business for a while and are finding a need for factoring services to help their businesses grow to the next level. A warm welcome to our new clients, and we hope everyone continues to enjoy our monthly newsletter. The Easter season, beginning on April 2 with Palm Sunday and culminating with Easter Sunday on April 8, brings with it a renewed commitment to our Christian faith and the American can-do spirit that all things are possible, both in our personal and business lives. Happy April and Happy Easter! Lisa Mazon |
$$$ Refer & Earn $$$ |
Business contacts, friends, family and acquaintances -- you just never know when someone you know might need Mazon's accounts receivable services.
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April's Entrepreneur: George Edward Foreman |
George Foreman was born on January 10, 1949 in Marshall, Texas. When he was very young, his mother moved to Houston to look for work. He and his six siblings grew up without a father in Houston's rough Fifth Ward. As a youth, George often roamed the streets getting into trouble. He often lived in abandoned houses, picked pockets, mugged drunks and made trouble for everyone he met. His mother was so overwhelmed by his bad behavior that she was hospitalized for emotional collapse when George was only 14 years old. By the time he was 16, he was tough and street-smart, but he could barely read or write.
For reasons known only to himself, George suddenly faced the reality that he had become a criminal, had dropped out of school and had no direction to go with his life. After seeing an advertisement for the Job Corp (a program that educated young people and gave them job skills), he immediately signed up and, after an initial adjustment period, he learned bricklaying, forestry, and carpentry; he also learned to read and write. To siphon off the energy he used to spend street fighting, he learned the sport of boxing. Each month, he sent $50 home to his mother.
George began boxing professionally when he was 17 years old. Fighting through the boxing ranks, he won his first 37 fights, including 34 knockouts. His talent for the sport won him the Olympic Gold Medal in boxing in 1968 and the World Heavweight Championship in 1973.
In 1977, after losing a 12-round match to Jimmy Young in San Juan, Puerto Rico, George became ill in his dressing room, suffering from exhaustion and heatstroke, and believed he had experienced a near-death experience. He claimed he found himself in a hellish, frightening place of nothingness and despair and began to plead with God to help him change his life and ways. George became a born-again Christian at that moment, dedicated the next decade of his life to God and family. He left the boxing world and cut his ties with the boxing world, and disappeared to become just a regular guy in the crowd. He cut his hair and rid himself of all his luxury cars, several houses, his pet tiger and lion, and stopped flying first class. He also gave up exercising, ate whatever he wanted and gained a great deal of weight. His new enlightenment led him to become an ordained Christian minister in a small Houston church which he co-founded, and he became a traveling evangelical preacher. With his brother, Reid, he founded the George Foreman Youth and Community Development Center in Houston, which intended to keep young people active and away from crime and drugs by offering basketball, weight lifting, boxing and a library. However, when the center eventually ran out of funding, George went back to the only way he knew how to make money to keep the center open. He returned to the boxing ring in 1987 amid many press commentaries about his potential inability to make a comeback because of his weight and his age. However, by adopting a new healthy lifestyle and healthy eating regime, and after 24 wins, including 23 knockouts, he was viewed as a true contender to regain the heavyweight title -- which he achieved on November 5, 1994 at the age of 45.
After George's remarkable comeback, 53-year-old independent inventor Michael W. Boehm of Batavia, Illinois approached him to represent his newest and biggest invention to date: an indoor, electrically-heated grill that cooks on the top and bottom at the same time, and drains fat and grease into a removable drip tray. Because George was also known to enjoy a burger or two before a fight, and his previous experience as a TV pitchman, a bond was established and the grill was named the "George Foreman Grill." Salton, Inc. was chosen to manufacture and market the grill. The George Foreman Grill has resulted in sales of over 100 million units since it was first launched in 1995, a feat that was achieved in a little over 15 years. Although Foreman has never confirmed exactly how much he has earned from the endorsement, what is known is that Salton, Inc. paid him $137 million in 1999 in order to buy out the right to use his name. Previous to that, he was being paid about 40% of the profits on each grill sold (earning him $4.5 million a month in payouts at its peak) so it is estimated he has made a total of over $200 million from the endorsement, a sum that is substantially more than he earned as a boxer.
George retired from boxing for the second time in 1997 with a record 76-5, with 68 knockouts.
George has ten children -- five girls and five boys. The boys are all named George Edward Foreman, with the addtion of numerals. He said he named all of his sons after himself because "I wanted my boys to have something that nobody could ever take from them, and I figured, give them a name that they could run into whenever they had problems or if they ever got lost." He also explained that he was deeply affected by the fact that he did not know who his real father was until 1976, and he wanted to make sure his own sons never had any doubt about their own origins.
In 2003, George Foreman was inducted into the International Boxing Hall of Fame. In the same year, his first book, George Foreman's Guide to Life, was published. In October 2000, he wrote and published, By George: The Autobiography of George Foreman. And, God in My Corner, hit the bookstores in 2007. In a Publisher's Weekly interview, George said that the most important piece of advice he wanted to pass on to people was, "Learn to trust in yourself. There's not a better person you're going to meet in this life, and there's not anyone you're going to know any better than you. The best advice will come from within you."
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Numbers In the News |
The recently-published "Kauffman Index of Entrepreneurial Activity" for 2011 shows that 0.32 percent of American adults created a business per month in 2011 -- a 5.9 percent drop from 2010, but still among the highest levels of entrepreneurship over the past 16 years. The quarterly employer firm rate also remained essentially flat from 2010 to 2011 at 0.11 percent. "The Great Recession has pushed many individuals into business ownership due to high unemployment rates," said Robert Litan, vice president of research and policy at the Kauffman Foundation. "However, economic uncertainty likely has made them more cautious, and they prefer to start sole proprietorships rather than more costly employer firms. This 'jobless entrepreneurship' trend negatively effects job creation and the larger economic recovery." Included in the 2011 study findings:
- Entrepreneurship rates for all races and ethnicities declined from 2010 to 2011.
- Entrepreneurship growth was highest among 45- to 54-year-olds.
- The share of new 55- to 64-year-old entrepreneurs has risen from 14.3% in 1996 to 20.9% in 2011 due to an aging U.S. population.
- Arizona had the highest entrepreneurial activity, followed by Texas, California, Colorado and Alaska.
- Both immigrant and native-born entrepreneurial activity declined slightly in 2011, though immigrants remained more than twice as likely to start new businesses as were the native-born.
- Entrepreneurial activity decreased slightly for both men and women.
- By industry, construction had the highest entrepreneurial activity rate at 1.68%, followed by the services industry at 0.42%. The manufacturing startup rate was the lowest among all industries, with only 0.11% of non-business owners starting businesses per month during 2011.
- Among the United States' 15 largest metropolitan statistical areas, Los Angeles had the highest entrepreneurial rate at 580 per 100,000 adults. Chicago and Detroit had the lowest rates at 180 per 100,000 adults.
Interactive data spanning all 16 years is available at www.kauffman.org/kiea.
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How can I be certain that Mazon will treat my customers well? |

Mazon's success is directly related to your success. The last thing we want is for you to lose a valuable customer. Mazon is not a collection agency -- we will make routine courtesy collection calls, but we will not harass your customers for money. Maintaining your customers' good will and confidence are extremely important to everyone at Mazon Associates.
If you would like to find out more about our factoring services for your business and/or apply for an account with Mazon Associates, please phone us at 972-554-6967 (toll-free 800-442-2740) or visit our website www.mazon.com.
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Is Losing Weight Really This Easy? |
It's some pitch -- lose lots of weight quickly with products you can try for free. Even better -- the products seem to be endorsed by trusted news sites, and satisfied "reporters" attest to all the unwanted pounds they've dropped.
Those were the kinds of claims behind a recent complaint filed by the FTC and the State of Connecticut against Boris Mizhen and his companies, who allegedly used fake news websites to promote weight loss products. Featuring stores like "Acai Berry Diet Exposed: Miracle Diet or Scam?," the sites often displayed the logos of major news sources, including CNN, MSNBC, and Fox News, and featured fake reporters claiming to have lost lots of weight quickly without any special diet or real exercise.
People who followed the links expected to sign up for a free trial and pay a small shipping and handling fee. Instead, many of them ended up paying $79.99 for the trial and for recurring monthly shipments of products that were hard to cancel, the FTC alleged.
If you're interested in losing weight, the truth is:
- Claims that you can eat all you want and lose weight effortlessly just aren't true. Claims that a weight loss product will make you "lose 25 pounds in four weeks" are false, and impossible to achieve. To lose weight -- and keep it off -- you have to eat fewer calories and increase your activity. Think twice before wasting your money on products that make any of these false claims. http://www.ftc.gov/bcp/edu/pubs/consumer/health/hea03.shtm
- As a rule, legitimate news organizations do not endorse products. http://www.ftc.gov/bcp/edu/pubs/consumer/alerts/alt197.shtm
- What starts as a free trial -- or for a very low cost -- can end up costing you real money. Some companies use your agreement to a free trial to sign you up for more products -- sometimes lots of products. Those products can cost you lots of money, as the companies bill you every month until you cancel. http://www.ftc.gov/bcp/edu/pubs/consumer/alerts/alt008.shtm
(Written by Amy Herbert, Consumer Education Specialist, FTC www.onguardonline.gov)
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Product Recalls and Alerts |
The following recent recalls were issued by the U.S. Consumer Product Safety Commission. More details can be found at www.cpsc.gov. To report a dangerous product or a product-related injury, call CPSC's hotline at 800-638-2772 or visit http://SaferProducts.gov.
Ceiling Fans (Imp: Westinghouse Lighting, Philadelphia, PA); Lawn Tractors (Mfg: Hydro-Gear Limited Partnership, Sullivan, IL); Lenovo ThinkCentre M70z and M90z Desktop Computers (Mfg/Imp: Lenovo, Morrisville, NC); LED Night Light (Imp: American Tack & Hardware (AmerTac), Saddle River, NJ); Folding Pocket Utility Knife (Mfg: Greenlee Textron, Rockford, IL); Food Service Beverage Cups and Mugs (Imp: Carlisle FoodService Products, Oklahoma City, OK); Grass Trimmers (Dist: American Honda Motor Company, Torrance, CA); Map Pro, Propylene and MAAP Gas Cylinders (Mfg: Worthington Cylinders Wisconsin, Chilton, WI); Gas Powered Backpack Blower (Mfg: Echo, Lake Zurich, IL); Forced Air Heater (Imp/Retailer: Meijer, Grand Rapids, MI).
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April 2012 Holidays, Observances, Celebrations and Events |
April 1: April Fool's Day; April 7: World Health Day; April 8: Easter; April 16: Patriot's Day; April 17: Federal Income Taxes Due*; April 22: Earth Day; April 25: Administrative Professionals Day (formerly "Secretaries Day"); April 27: Arbor Day.
*Note: The traditional tax return filing deadline is April 15 of each year, but April 15, 2012 is a Sunday and April 16 falls on Emancipation Day in the District of Columbia, thus April 17 is the tax date for 2012.
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Be an Energitic & Enthusiastic Leader |
Negative attitudes bring the whole team down. Adopting a can-do attitude and implementing enthusiasm in your day-to-day interactions will energize your team and encourage them to look for the positive in even the most challenging situations presented. (Source: www.Manta.com)
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April's Business Book Pick of the Month |
Fables of Fortune: What Rich People Have That You Don't Want, by Richard Watts. Hardcover 183 pages, published by Emerald Book Co. in January 2012. $14.99 via www.fablesoffortune.com
This book is a must-read for everyone, especially those who have coveted wealth. Being rich is largely perceived by the middle class as the key to a happy, successful life. It gives the reader an insightful glance at the reality of becoming super wealthy, providing an opportunity to rethink the sacrifice required once you reach this ultimate goal. Richard Watts writes from experience and his stories are captivating and thought provoking. The reader is given the opportunity to glimpse at what it might be like to have everything they've always wanted, only to realize that what they already have deserves greater appreciation. This book comes highly recommended, especially for those who believe money can solve their problems.
Richard Watts, the founder and president of Family Business Office ("FBO"), was admitted to the California State Bar to practice law in 1982 and is an alumnus of the Harvard Business School. FBO is a legal and consulting firm that manages the country's wealthiest families and their family office enterprises. Richard's families rely on him to oversee family operations and make decisions with them on a daily basis.
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Thoughtful Thoughts |

You may think the grass is greener on the other side, but if you take the time to water your own grass, it would be just as green.
Contributed by Betty Hazeltine (Facebook)
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Easter Traditions |
Easter Sunday takes place this year on April 8th. While this Christian holiday celebrates the resurrection of Jesus Christ, it also includes very old Pagan traditions that you may find interesting:
Hot Cross Buns: At the feast of Eostre, the Saxon fertility Goddess, an ox was sacrificed. The ox's horns became a symbol for the feast. They were carved into the ritual bread. Thus originated "hot cross buns." The word "buns" is derived from the Saxon word "Boun" which means "sacred ox." Later, the symbol of a symmetrical cross was used to decorate the buns: the cross represented the moon, the heavenly body associated with the Goddess, and its four quarters.
Easter Rabbit and Eggs:
· The symbols of the Norse Goddess Ostara were the hare and the egg. Both represented fertility. From these, we have inherited the customs and symbols of the Easter egg and Easter rabbit.
· Dyed eggs also formed part of the rituals of the ancient, pre-Christian Babylonian mystery religions. The egg, as a symbol of fertility and of renewed life, goes back to the ancient Egyptians and Persians, who had also the custom of coloring and eating eggs during their spring festival.
· Like the Easter egg, the Easter hare came to Christianity from antiquity. The hare is associated with the moon in the legends of ancient Egypt and other peoples Through the fact that the Egyptian word for hare, UM, means also "open" and "period," that hare came to be associated with the idea of periodicity, both lunar and human, and with the beginning of new life in both the young man and young woman, and so a symbol of fertility of the renewal of life. As such, the hare became linked with Easter ... eggs.
· Christian tradition states that when Mary Magdalene visited Emperor Tiberias (14-17 CE), she gave him a red egg as a symbol of the Resurrection -- a symbol of new life. Some believe that the Christian tradition of giving eggs to each other at Easter time came from this event.
Easter Sunrise Service: This custom can be traced back to the ancient Pagan custom of welcoming the Sun God at the vernal equinox -- when daytime is about to exceed the length of the nighttime. It was a time to celebrate the return of life and reproduction to animal and plant life as well.
Easter Candles: These are sometimes lit in churches on the eve of Easter Sunday. Some commentators believe that these can be directly linked to the Pagan customs of lighting bonfires at this time of year to welcome the rebirth/resurrection of the Sun God.
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Whole Hog! |
There was a young farmer named Bubba who bought a fattened hog for $100 from his neighbor, Farmer Jake, who agreed to deliver the hog the next day. When Farmer Jake drove up the next day, he said, "I am sorry, Bubba, but I have some bad news -- the hog is on my truck but he is dead."
Bubba replied, "Well then, just give me my money back!"
Farmer Jake responded, "Can't do that, Bubba, I went out and spent it already."
Bubba sighed, "OK, just unload the hog anyway."
Farmer Jake asked, "What are you gonna do with a dead hog?"
Bubba contemplated, "I'll raffle him off."
Farmer Jake exclaimed, "You can't raffle off a dead hog!"
Bubba, with a big smile on his face, said, "Sure I can. Watch. Just don't tell anyone the hog is dead."
Farmer Jake met up with Bubba a month later and asked, "Whatever happened with that dead hog?"
Bubba replied, "I raffled him off. I sold 500 tickets at $2.00 each and made a huge profit."
Farmer Jake, totally amazed, asked, "Didn't anyone complain that you had stolen their money because you lied about the hog being dead?"
Bubba chuckled, "The only one who found out about the hog being dead was the raffle winner, so when he came to claim his prize, I gave him his $2 back plus $200 extra, which is double the going value of a dead hog. He thought I was a great fellow!"
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About
Our
Clients |
Our clients are traditionally businesses that are manufacturers, distributors and service companies in the following areas: advertising / marketing / apparel / design / courier / delivery services / equipment repair / equipment maintenance / environmental services / graphic design / signage / printing / staffing / employment services / security services / catering / food services / legal services / light construction / telecommunications / transportation.
Our clients may include start-up, early-stage growth and high growth businesses; under-capitalized businesses with historical operating losses; businesses with cash flow problems having a cash flow need; businesses with tax liens or turnaround situations; businesses who may have been turned down for bank loans and/or do not currently meet a bank's credit criteria.
Our clients have delivered services or products to other businesses and have business-to-business invoices that can be independently verified.
Most of our clients have come to us through referrals of current and former clients. We rely heavily on word-of-mouth marketing to bring in new clients -- and we offer a referral program.
Our clients are located in any of the 50 states in the U.S.A.
We do not accept as clients businesses which have a majority of consumer receivables such as retail businesses, progress billings, third party pay medical receivables and certain construction-related businesses.
For more information about becoming a client, please contact us by telephone 972-554-6967 ext. 238 or 1-800-442-2740, or visit our website www.mazon.com. | |
 If you liked this issue of Building Bridges, please forward it to a friend. We invite you to share your newsletter thoughts with us. If you would like to submit an idea, article or joke for consideration in a future issue of Building Bridges, or just want to tell us how we are doing, please email us at MazonNewsletter@Mazon.com. Building Bridges carries no paid advertising. All articles, images and links are for our readers' knowledge and enjoyment only. (Mazon is now on Facebook!)
Mazon Associates, Inc. 600 W. Airport Fwy., Irving, TX 75062 P.O. Box 166858, Irving, TX 75016 Telephone: 972-554-6967 Toll Free: 800-442-2740 Fax: 972-554-0951 Business Hours: Mon.-Fri. 8:30 a.m. - 5:00 p.m. |
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