The “7 Secrets to Business Success.”

[Don Martinez]

Mr. Martinez stressed the importance of finding out what you’re best at, have a purpose or goal, and applying the 7-secrets for success. These are: 1) One Must Believe, 2) Have a positive Mental Attitude, 3) Follow a Plan, 4) Think Creatively, 5) Know your Strengths and Limitations, 6) Visualize Your Success, and 7) Entrepreneurs Never Give Up. He encouraged everyone to use these key elements to focus and build from your dreams to become successful in both business and life.

http://florencefirestonechamber.org/JUNE_O7_NEWSLETTER.pdf

[Luis Jones]

A MAC clause is a condition to the buyer’s completion of an acquisition that there has been no material adverse change to the business of the target since a preset date typically, the date of the target’s last financial statements. The term MAC clause has been in the news lately and some wonder just what it means. In lay terms, if one company wants to buy another company, and something happens to the value of the company being bought (stock fluctuations, for instance), the purchasing party can protect themselves from it. Bank of America, for instance, threatened Merrill Lynch with a MAC clause because of the toxic assets they held, in order to get a lower price, as the risk was more than any online cash advance could cover.

[Leticia Salinas]

Interesting. I truly believe #1.