Yanni Hufnagel, the CEO and founder of Lemon Perfect, earned his Bachelor of Science at Cornell and a master’s degree at University of Oklahoma. Hufnagel served as an assistant coach for a number of college basketball teams, including the California Golden Bears, Harvard Crimson, and the Vanderbilt Commodores. In 2017, he made the entrepreneurial leap from coaching college basketball to the health drink arena. His company makes, as he likes to call it, a beverage at the intersection of healthy options and great taste. The brand quickly gained favor among Southern California consumers due to its wholesome natural fresh flavor and health benefits. Further momentum for the brand has built recently due to inclusion of Lemon Perfect for sale at all Whole Foods Market stores in the Northeast and Rocky Mountain regions.
Why, exactly, is this hydrating fruit drink becoming so popular? Proponents say Lemon Perfect has a host of benefits. It’s full of essential electrolytes. It contains the antioxidant power of Vitamin C. Natural ingredients offer digestive support, natural energy, and help the body recover from effort and dehydration. Other benefits may include stress relief and clearer skin. Consumer response indicates that trying Lemon Perfect is enough to make you a true believer. The drink is cold-pressed, with no heat involved, to keep all the natural benefits and flavor of freshly squeezed lemons. Each beverage contains only 5 calories and no sugar.
Even a wonder beverage needs a spokesperson, and Yanni Hufnagel brings all his considerable skills to bear for the company. Hufnagel, once one of the best college basketball recruiters in the country, has found a product that complements his healthy, sports-oriented lifestyle. He’s offering it to the public in a unique and flavorful fashion, and it appears that Lemon Perfect is scoring big with beverage consumers.
In the crowded world of real estate investment, many participants are looking for new ways to expand their portfolios. Sean Tissue and the leadership team at Centureon Investments understand this urge to diversify and have found turn-key property investment to be a viable niche. Turn-key is a term that simply means that the property is ready for move-in. There is no need for further improvements, no permits to wrangle, and no contractors to source and hire. This is an especially attractive investment niche for out-of-state investors who find the market attractive and are prepared to have the management taken care of by a third party.
There are a number of different markets where the rental market is stronger than the market for purchase. In such instances, an investor can purchase and rehab the property and then turn it over to a third party for management. In such a scenario, they will gain from the strong rental market while building equity in the investment property. Third-party management, when handled by the right partner, can be a successful and lucrative investment strategy. It requires a lot of due diligence at the front end, and a willingness to learn about a new asset type.
Centureon Investments has found success in the turn-key property investment niche, and its CEO Sean Tissue is sharing the knowledge that he has gained with other investors. In a highly competitive industry, this amount of generous cooperation can be rare; however, Tissue believes that this type of out-of-the-box thinking has made a great contribution to his long-term success. Investors who are looking to expand their portfolios into a new asset class can benefit from learning more about turn-key property investment. It is a great way to expand portfolios while maintaining a reasonable risk profile. Tissue is here to share his knowledge with his real estate development peers as they find out more.
HCR Wealth Advisors is a financial advisor firm specializing in investment strategy and financial planning. The company is based on establishing and maintaining high level of trust with their clients and delivering positive financial outcomes. Each client is provided with a personalized financial strategy that can include all their different financial accounts to single comprehensive financial plan. The clients are educated so they are empowered to make informed decisions for their entire life. The clients achieve confidence and understanding so that they feel comfortable working with HCR Wealth Advisors.
One powerful tool to be considered is Health Savings Account or commonly known as HSA. It is essentially a savings account which can be used for certain medical expenses. A client must be enrolled in a high deductible health plan to be able to make contribution to HSA. A higher contribution is allowed for those above 55 years of age. There are certain advantages to having an HSA account. Any funds withdrawn for qualified medical expenses are except from federal taxes and most state taxes. There is no forfeiture to the funds in an HSA account. That means the money in your HSA will be securely invested even if you change employees, switch insurance provider or retire. Another advantage is that after age 65, any withdrawal from the HSA is free of any penalty, regardless of what the funds are being used for. Clients do not need to be concerned about whether they will fully utilize their HSA or not. So, HSA can also act like a regular retirement savings account.
With over 30 years in the financial advisory industry, HCR Wealth Advisors can guide you the best type of savings account that meets your specific circumstances and life goals. HSA might be a great tool for savings or there could be a better plan depending on the requirements of an individual or family.
This article is provided for informational purposes only and should not be interpreted as investment advice.
Starting a business is expensive. Coming up with a great idea is the easy part, but securing funding is a challenge. Family and friends are an obvious choice, and banks can help with loans. Inevitably, your business will need outside funding to scale.
That’s why Paul Saunders founded James River Capital to help businesses find their ideal financing solution. Of course, he doesn’t just recommend his own products. Here are four ways to finance your business idea.
Always look for local funding opportunities first. There are plenty of organizations looking to fund local entrepreneurs to invest in the community. Pitch your business idea to local business development centers and your chamber of commerce to get it out in front of people who you ultimately want to be customers.
Talk to Angels
Angel investors carry that name because they save private companies from certain death with cash investments. In return, they take partial control of the company (and its revenues) to pay back their investment. The Angel Capital Association is a large network of over 330 angel investors for businesses to pitch to.
Crowdfunding has become a popular option over the past decade. Platforms like Kickstarter and Indiegogo give businesses a way to fund development of new projects. Prototypes can be materialized, surveys taken, and real funding from a community of interested users obtained. Unlike other forms of investment, crowdfunding typically relies on actual customers as investors.
Venture capital firms like James River Capital exist to help businesses that need at least $1 million in funding. These aren’t just ideas being kicked around – they’re fully functional businesses with working staff and resources that need to scale or pursue a new venture. Pitching to venture capitalists is what you see on shows like ABC’s Shark Tank.
No matter what industry you’re in or the size of your business, one of these four funding avenues is sure to pump new life into your business.