Corb7 International March 20th, 2024 Newsletter

International Business 

Publisher's Note

Entrepreneur & Author

JeffCorbett.com
 

March Madness

RIP #6 - it truly was a pleasure and a thrill.  

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As many kids growing up in the United States within my era, we played a lot of basketball and looked up to the legends of the National Basketball Association of the late 1960s and 1970s. No one had a bigger presence than Bill Russell, and even though I only remember the end of his career, he was one of my personal all-time favorite basketball players. About 20-years-ago while working as the Publisher & Editor for our magazine, I had the opportunity to interview him over the phone which was truly a thrill. If you have an interest, below is a link to that interview where talks about the first time he met Dr. J, how his Celtic teams had the Lakers number, and his friendship with NBA icon Jerry West.

With March Madness underway, I felt it an appropriate time to revisit this interview.  After all, Bill Russell won two NCAA championships in 1955 and 1956 while playing for the University of San Francisco.

There have been very few athletes in the history of sport as synonymous with winning as him. A truly legendary man and basketball player. As a college player, he averaged 20 points and 20 boards in three seasons winning two NCAA Championships – at that time freshmen were not allowed to play varsity sport. He then captained the gold-medal winning U.S. national basketball team at the 1956 Summer Olympics. As a Celtic, he became the most dominant defensive center of all-time, once grabbing 51 rebounds in a single game. In total, he won the 11 NBA championships in 13 years with the Boston Celtics and became the first African American Head Coach in any major US sport.

Personally, I will remember Bill as a gentleman who could not have been nicer to me during our brief encounter. BTW - he would insist that you call him Bill and not Mr. Russell which he politely corrected me from doing. RIP # 6 – it truly was a pleasure and a thrill.


    

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For more about my wonderings through Business, Lifestyle, Health, Aging & Travel  
please see my blog:  JeffCorbett.com

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International Business 

Business Psychology

Find a Better Work-Family Balance

Obtain a better balance to enjoy your life.   

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Individuals have to juggle many different responsibilities on a daily basis. Those with full- or part-time jobs, children, spouses or partners, or aging family members that require assistance, will often find they are pulled in different directions. In many cases, work takes priority over family time because people rely on their jobs for the income that funds their lifestyles. Rather than jeopardizing that income, certain individuals will make time concessions that favor employment over personal relationships and family time.

Recent data indicates that many people are trapped in unhealthy work-life balances and can't find the time to unwind and enjoy themselves. The e-commerce company Groupon asked 2,000 Americans about stress at work and 60 percent indicated that pressures and responsibilities of the workplace and home life do not have boundaries. Learning to balance work and life better may come from following these tips.

1. Find more time. While there's no way to add extra hours to the day, you can add extra hours to your schedule. One way to do so is to wake up earlier or stay up later than the household. Some people prefer the quiet time to get things done while others are asleep. If you can afford to shave an hour from your sleeping schedule (provided you already are getting enough), this approach can make a significant difference.

2. Limit distractions as much as possible. Distractions pull attention away from tasks and that can make it harder to complete jobs on time. Schedule tasks that require your utmost concentration when others are not around. Perhaps this means coming into the office during off-peak hours or waiting until a spouse or the kids go to their respective places of work or school before you start on things that require greater concentration.

3. Figure out your home priorities. Schedule your home priorities just as you would work meetings and other responsibilities. While you may not be able to attend every sports practice or game, make it a point to get to as many events as possible. Put it in the calendar or planner as a must-do.

4. Maximize your PTO. Chances are you are entitled to a certain number of days off. Do not squander the opportunity to use these days. It will not make you a hero if you give up on time off. Map out priorities for the next couple of months and see where your time away from work will be needed. Then utilize PTO for these events as well as vacations.

5. End work at a certain time. There is a saying that "work expands to fill the time allotted." It's easy to let work infiltrate home time especially for those who are remote workers. Set a distinct end time for the job and reinforce it by turning off your computer or other devices, or physically lock the door to your office. Schedule tasks directly after work that are important to you, so you won't be tempted to continue working.

Finding work-life balance can take time and require breaking established habits, but it is one way to reduce stress and feel more personally satisfied. 

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International Business 

Cross-Border Business

The Tragic History of Haiti

Once a very wealthy nation.  

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Haiti:
Location: Caribbean
Capital City: Port-au-Prince
Population: 11.45 million
Language Spoken: Haitian Creole and French

This is a tragic situation that will likely have both political and economic ramifications for the entire Western Hemisphere.  

Haiti is a Caribbean country located on the western part of the island of Hispaniola, sharing a border with the Dominican Republic. It is the poorest country in the Western Hemisphere and has faced significant challenges, including political instability, poverty, natural disasters, and environmental degradation.
 
Haiti was the first independent nation in Latin America and the Caribbean, gaining independence from France in 1804 after a successful slave revolt led by Toussaint Louverture and Jean-Jacques Dessalines. It has a rich cultural heritage influenced by African, French, and indigenous Taíno cultures.
 
Port-au-Prince is the capital and largest city of Haiti. The country’s economy relies heavily on agriculture, with coffee, mangoes, and textiles being some of its main exports. However, political instability, corruption, and natural disasters have hindered economic development.
 
Haiti has faced numerous natural disasters, including hurricanes, earthquakes, and tropical storms, exacerbating its already dire situation. The devastating earthquake in 2010 killed hundreds of thousands of people and caused widespread destruction, further straining the country’s resources and infrastructure.

Currently, Haiti has the highest hunger rates in the Western Hemisphere and it is getting worse.  Perhaps on the verge of becoming a failed state this Caribbean nation would cause a ripple effect throughout this entire region.  

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International Business

Business Etiquette

When Words Won't Change Minds

by Candace Smith
The Etiquette Blog
Candace Smith Etiquette 


Biography:  Candace Smith, wife of Nobel Prize-Winner Professor Dr. Vernon Smith and owner of the extraordinary blog, “Etiquette for the Business of Life” as featured by BBC, Chicago Tribune and USA Today offers her insights.

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The phrase “agree to disagree” often emerges as a last resort.  In our increasingly polarized world, where opinions clash like cymbals and compromise seems like a forgotten language, is it simply a cop-out, a way to escape uncomfortable conversations, or can it be a valuable tool for maintaining peaceful coexistence?

On the surface, "agree to disagree" appears dismissive, suggesting an unwillingness to engage in meaningful dialogue.  However, a closer look reveals its potential for navigating diverse viewpoints without sacrificing respect or civility.  This phrase might be more nuanced than it seems.

Accepting the Limits of Persuasion

Not every conversation is meant to end in a shared conclusion.  Sometimes, despite genuine effort, fundamental differences in values, experiences, or interpretations create impassable barriers.  Recognizing these limitations allows us to step back and acknowledge the validity of diverse perspectives, even if we don't personally subscribe to them.

Disagreements, especially on sensitive topics, can easily escalate into personal attacks or damage relationships.  Agreeing to disagree acts as a ceasefire, preventing further conflict and preserving the connection on other levels.  This is particularly important in close relationships where mutual respect and understanding are paramount.

Paradoxically, accepting disagreement can open doors to further exploration.  By acknowledging the existence of alternative viewpoints, we become more receptive to learning about them, even if we ultimately disagree. This fosters intellectual curiosity and challenges our own biases, potentially leading to personal growth and deeper understanding.

Rarely are issues black and white.  Most matters encompass diverse perspectives, each containing elements of truth or validity.  Agreeing to disagree allows us to appreciate this complexity, avoiding the trap of oversimplification and acknowledging the multi-faceted nature of reality.

If You Agree to Disagree as an Easy Escape

Agreeing to disagree is not without its limitations.  It can be tempting to use as an easy escape from challenging discussions, especially when dealing with power imbalances and avoiding discord seems the etiquette-ful thing to do.  While keeping conversation easy may be the more polite thing to do in some cases, it's crucial to ensure that all voices are heard and respected, even if their opinions differ from the majority.

While acknowledging differences is important, sometimes exploring potential areas of agreement can hinder progress.  Before resorting to "agree to disagree," it  might be important to simply ask to explore potential common ground and seek collaborative solutions.  

Ultimately, "agree to disagree" is not a magic solution, but rather a tool to be used judiciously. When wielded thoughtfully, it can foster tolerance, respect, and understanding in a world brimming with diverse viewpoints.  Remember, even when we disagree, we can still strive for civil discourse, mutual respect, and a shared commitment to building a better future.

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International Business

Business Relocation

Know the Rental & Real Estate Market prior to Relocation

by Morayma MaKay
Corporate Relocation Consultant & Coach
Get-Ready-Set-Move

The freedom to move.  -------

     
Whether you're relocating for work, a change of scenery, or new opportunities, it's crucial to set the stage for a successful move. One key aspect that should never be overlooked is understanding the rental and real estate market in your prospective new home. Let's explore why this research is not just a task on your checklist but a cornerstone for a smooth transition!
 
1. Know Before You Go: Unraveling the Mystery of Housing Costs
 
Before you pack your bags and say your goodbyes, dive into the local rental and real estate market. Understanding the average costs of renting or buying a home in your destination will help you set realistic budgets. It's not just about affordability; it's about ensuring your housing expenses align with your overall financial goals.
 
2. Escape the Rental Scam Trap: Protecting Your Finances and Sanity
 
The internet has made finding rental listings easier, but it has also opened the door to potential scams. Researching the rental market helps you identify legitimate listings and recognize red flags. Scams can range from fraudulent property listings to fake real estate agents. Knowledge is your shield against these potential pitfalls.
 
3. Timing is Everything: Navigating Seasonal Fluctuations
 
Did you know that the timing of your move can significantly impact the cost and availability of housing? Researching the real estate market allows you to identify peak seasons, understand when prices might fluctuate, and potentially leverage these insights to your advantage. A well-timed move can save you both money and stress.
 
4. The Hidden Gems: Understanding Neighborhood Dynamics
 
Each city and state is a tapestry of neighborhoods, each with its own unique personality. By researching the real estate market, you gain insights into the different neighborhoods— their safety, amenities, and community vibes. This knowledge empowers you to choose a location that aligns with your lifestyle and preferences.
 
5. Making Informed Decisions: Weighing Renting vs. Buying
 
The age-old question: to rent or to buy? Researching the real estate market helps you weigh the pros and cons of both options. Depending on your circumstances, buying might be a wise investment, while renting provides flexibility. Understanding the market dynamics helps you make an informed decision that suits your long-term plans.
 
6. Avoiding Buyer’s Remorse: Thorough Real Estate Inspections
 
For those diving into the real estate market, thorough inspections are paramount. Researching the market allows you to understand common issues in certain areas, helping you ask the right questions during inspections. Being proactive in this stage can save you from potential headaches down the road.
 
7. Staying Ahead in a Competitive Market: Rental Application Strategies
 
Cities with high demand often translate to competitive rental markets. Researching the rental landscape helps you devise strategies for securing a rental property. From preparing a standout rental application to understanding local leasing norms, being in the know gives you a competitive edge.
 
In the whirlwind of excitement that comes with relocating, researching the rental and real estate market might seem like an additional task. However, it's not just a task—it's your gateway to a seamless transition. By understanding the dynamics of the housing market, you're not just finding a place to live; you're setting the stage for a fulfilling chapter in your new home. 

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International Business   

Investment Strategies

Buying on Bad News

Buy on bad news & sell on good?

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Buying stocks on bad news refers to the strategy of purchasing shares of a company when its stock price has dropped due to negative events or news. This approach is based on the belief that the market overreacts to bad news, leading to undervaluation of the stock.
 
Investors who subscribe to this strategy see an opportunity to buy the stock at a discounted price, anticipating that the negative impact of the news may be temporary or that the market has exaggerated its significance. However, this strategy carries risks, as the bad news may have long-term consequences for the company’s financial health and stock performance. Investors should conduct thorough research and analysis before making investment decisions based on bad news.

I have personally used this strategy for years and it has been mostly successful but it does require patience and discipline.   

A good example of a publicly traded stock that has been in the news – not in a positive way – is Boeing (NYSE: symbol BA).  Founded in 1916 by William E. Boeing, the Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. As of today, it is trading at approximately $180 and has a 52-week high of $267.54 with a low of $176.25.  It is also near a five-year low. Still, at those price levels it is likely highly held by institutional stakeholders in contrast to mom-and-pop investors.  Boeings recent challenges have been well documented and are too long to list here but might be an interesting play.  The risk, however, would be substantial since it is critical that they quickly correct their perceived production issues.  
 
It is nevertheless a perfect example of this type of strategy.
 
How much trouble is Boeing in?  

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Please keep in mind this information should not be considered as financial advice. Investment decisions should be based on individual research and consultation with a qualified financial professional. The value of investments can fluctuate, and past performance is not indicative of future results. Always consider your risk tolerance and financial goals before making investment decisions.  

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Lifestyle  

Fitness, Health & Longevity

How Cardio Benefits the Entire Body

Overcome a St. Paddy's party. 

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Physical activity is a key component of a healthy lifestyle, and an effective fitness regimen is one that combines strength training with cardiovascular exercise.

Recommendations from the U.S. Department of Health and Human Services urge adults to get at least 150 minutes of moderate-intensity aerobic activity or 75 minutes of vigorous aerobic activity each week. Aerobic activity includes cardiovascular exercises like hiking, running, dancing, cycling, or other activities that increase the heart rate and improve cardiorespiratory fitness.

Though cardiovascular exercise is often discussed in terms of its heart healthy benefits, the Cleveland Clinic reports that aerobic activities benefit various parts of the body, including the heart but also the brain, the joints, skin, and muscles.

Cardio and your heart

Routine cardiovascular exercise leads to a decrease in resting blood pressure and heart rate. That's beneficial for the heart because it ensures the heart does not have to work unnecessarily hard. Cardiovascular exercise also improves good cholesterol levels and lowers blood fats, each of which also helps to improve heart health.

Cardio and your brain

The Alzheimer's Society reports that studies have shown that exercise that increases heart rate in middle-aged or older adults has led to improvements in thinking and memory and lower rates of dementia. The Cleveland Clinic notes that cardio also decreases stroke risk by increasing blood flow to the brain.

Cardio and your joints

Osteoporosis is a condition in which bones become brittle and fragile from a loss of tissue. That tissue loss can be a side effect of aging, but even though the National Osteoporosis Foundation estimates that half of all women over 50 will develop osteoporosis, older adults are not helpless against the condition. The Cleveland Clinic notes that cardiovascular exercise can help fight osteoporosis and reduce risk for hip fractures. It's also important to note that men are not immune to osteoporosis, which has long been considered a more significant concern for women than men. Though women's risk for osteoporosis is greater than men's, UC San Diego Health reports that between 20 and 25 percent of all hip fractures occur in men.

Cardio and your skin

Physical activity increases circulation, which the Cleveland Clinic reports leads to clearer, healthier skin. Cardio promotes better blood flow to the skin cells on the face, which can reduce signs of aging and improve complexion.

Cardio and your muscles

Cardio increases oxygen supply to the entire body, and the Cleveland Clinic notes that allows muscles throughout the body to work harder and more efficiently. In addition, routine cardiovascular exercise allows muscles to adapt to an increased workload, which can improve daily life by making routine physical activities easier.

Cardiovascular exercise is a key component of an effective fitness regimen. By committing to cardio, adults can benefit various parts of their bodies. 

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Lifestyle

Spirits & Cuisine

Lobster Delivered to Your Front Door

A lobster gram.  

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There may be no better lobster than what you can get in Maine. Now it is available to be delivered to your front door. Lobster Gram had been in service since 1987, delivering Grade A Maine lobsters to anywhere in the United States. They come shipped and ready to cook in a variety of packages. Our favorite is the 4 – five-ounce tail bundle which we love to grill outdoors as a perfect complement to a steak dinner – flawless surf and turf.

Lobster Gram

Click Here to Order 

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Lifestyle 

Leisure

March Madness

The tournament has started.   

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The term "March Madness" was given to the game of basketball by Illinois high school teacher Henry V. Porter in 1939. However, it was only after CBS broadcaster Brent Musburger used it during coverage of the 1982 NCAA Tournament that March Madness became synonymous with this beloved sporting event.

Since the inception of the tournament, 37 different teams have won a national championship. UCLA has won the most national championships of any school, hoisting the trophy 11 times.   Since 1985, the 38 tournaments have been won by just 19 different teams. 

The tournament is a single-elimination event consisting of 68 college teams. The tournament takes place in seven rounds with each team vying for the right to advance and ultimately play for the national championship. When the teams are whittled down to only four remaining, the penultimate round is played, aptly known as the "Final Four." It is estimated that Americans annually bet $8.5 billion on the competition.

“Bracketology” involves filling out predictions for the tournament’s outcome, often in office pools or online competitions. Participants try to predict which teams will win each matchup, leading to intense competition and excitement as the tournament progresses. According to our friends at the "Morning Brew" newsletter - the odds of picking every game correctly are a mere 1 in 120 billion.  

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Lifestyle

Travel

2024 Washington DC Cherry Blossoms

Festival runs Wednesday, March 20 - Sunday, April 14th.  

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The cherry blossoms in Washington, D.C., typically bloom around late March to early April, depending on weather conditions. The trees were a gift from Japan in 1912 and line the Tidal Basin, creating a stunning pink canopy. The National Cherry Blossom Festival celebrates this event with various cultural events, parades, and performances, attracting millions of visitors each year. It’s a symbol of friendship between the United States and Japan and a significant event in D.C.’s spring calendar.

Yoshino Cherry trees are popular and beautiful trees that flower in the spring. Their masses of pink and white blossoms are one of the first signals that winter has ended. Cherry tree varieties bloom over the course of several weeks, and climate will dictate how early or late these trees will showcase their spectacular flowers. 

For more Cherry Blossom Info  

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Business Services

Business Acquisitions

Corb7 International, Inc.

Think Seven Continents, Think a World of Opportunity!



 

The Ultimate Vehicle for Uncertain Times!

Cutting-edge ideas.  

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 Top 10 Reasons to Own a Swiss Trust Company in 2024!

1. United States Business Owners: To seek sanctuary from political uncertainty.
2. Canadian Business Owners: To seek sanctuary from political uncertainty.
3. Eastern European Business Owners: To seek sanctuary from political uncertainty.
4. US Real Estate Developers: To raise & manage capital from private overseas investors to fund real estate development in the United States. Also applies to similar industries.
5. Wealthy Families or Business Partners: To use as a management tool to protect, invest and consolidate wealth by warehousing assets and segregating interests via mandate for reinvestment reflecting differing tolerance to risk.
6. South African Business Owners: Manage international profits in response to government currency controls in country of origin. Also applies to other countries with similar restrictions in place.
7. Financial Services: To use as an alternative to owning a “Captive Bank” or Class B Bank. The cost of time and money to establish ownership of bank has soared while profit multiples have plummeted. Thus, a Swiss Trust Company can be an attractive alternative for international business.
8. Internet Based Business Owners: Enhance corporate profile while at the same time establishing a quality European beachhead with an outstanding professional network of attorneys and bankers.
9. Import Industry & Shipping Industry: Control transactions more efficiently and establish true corresponding bank relationships.
10. Asset Protection: Control Gain protection against frivolous lawsuits.

For a Complimentary Consultation:

Call +1-310-415-3545 
or 
Email: contact@corb7.com 


Corb7 International, Inc.
a Business Advisory & Publishing Firm
www.Corb7.com  

"Challenging Traditional Thought to Gain Elite Performance"