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Taxes & Mushrooms Rolling

your on a roll here Ceci Ball

https://www.facebook.com/groups/fungifun/permalink/330168751334851/

 , these are Shaggy Manes, they are delicious, ( I was told they were no good when I was young, so I ignored them all my life, did some research and they are a good find, easy to identify, tasty ) and do not last long, they will turn inky quickly, ( you can make a dye from them ) they would need to be eaten or preserved quickly after harvest as they decompose quickly. I fried the last ones I found, I have 2 spots that I visit on our place in Tincap, just thinking, I put gravel on the one spot this fall, so that might be rough next year, the other spot was near the apple tree , ooooh that's good, I wasn't thinking when I laid that gravel down out back. Little tip, one should make it a policy to cook your mushrooms, that cooking process makes them safer and potential for an upset tummy goes way down, eating raw can have its challenges. Also, don't mix your mushrooms, if you have a problem, you want to know which type has that effect on you. If any doubt don't consume, you can pick and study, even if you don't end up eating it, you will learn, you don't want to tax your system. this reminds me of an old saying in taxes, if in doubt , deduct, I would still be careful, you have to be reasonable and it's best to seek some professional guidance along the way ( one of my core disciplines that pays the bills,) It's always better to do it under the guidance of an experienced professional with a good supportive team, continuity, responsive, bigger refunds, less tax overall, strategy, audit proofing, peace of mind, just a few things that should be considered, I'm not just a fun fund guy, Tim the Tax Man 🙂 , that's why we have developed a family office, one stop cover the financial bases, there is a lot to think about, it's all intertwined

 

Like taking a spore print, we like to check the assessment of a persons tax return, it reveals a lot that is important to your tax health

 

In case your compliance cruising, full stop, see, read, digest disclosure  

https://improvingfutures.ning.com/blog/peak-dealership-representative-disclosure

READ THE FINE PRINT

8358647660?profile=RESIZE_710x

Tax Disclosure, if in doubt, deduct, however, count the cost, ( note you do not have to write off any or all of your expenses)  make sure it's right, makes sense, seek professional help for that determination and preparation, heed their advice, make that investment, it's not really a cost, it can save and make you money either way,  if they say no, don't, as you are responsible to them and your country to do it right, see the notice to reader in the engagement letter, plus, note, you do sign off, and you do acknowledge, that it is a serious offence to make a false return, and you will certify that the information given on your return and in any documents attached to it is correct and complete and fully discloses all your income, and there is more related to various acts that provide for the imposition and collections of taxes and duty's, with failure to compliy ressulting in interest payable, penalties or other actions ( it's those other actions that could and would mess with your peace of mind ) , so let's do it right ok. 

Mushroom Disclosure, if in doubt, don't eat , it's that simple.

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Farm & Homestead Click Start

Advice for a beginner homesteader

Get chickens first, eggs & meat , easy, fairly inexpensive , then go for pigs ......

Pigs are good for the soul, you will get to love and hate them, they are pretty smart, I started a fb page recently, your welcome to follow us , start your own page and document the adventure , good memories will follow 

 

I will post a view play lists that I have created over time , they may be of value to you, listen to them while your driving and doing chores , get a head set if you do not have one and a robust data plan, lots of good podcasts out there as well

Farm Finance

https://www.youtube.com/playlist?list=PLhhVyaUmOQurofWoa07n6P-abtcBApKGn&fbclid=IwAR0eU_sBzBuG7hK2dALKB0RwcByyyv56uyTBnKkQyHpZKPb_9wXpybC_wx4

Meadow Life

https://www.youtube.com/playlist?list=PLhhVyaUmOQuqmAVQq6MO0qHxs8eoGyPqC&fbclid=IwAR3Fth6uvfOSyDfiwDH1Tv8_3438FXYqavrK7OszrWw4WK9tr8IAGDQd1zU

Homestead PLans

https://www.youtube.com/playlist?list=PLhhVyaUmOQur-B4ftaiP8LV2KEOSbRltZ&fbclid=IwAR1RDO-WL4Ny3Z6S_cJp-FHc2a1oHVfe7YNQwlxLavstpPnmLT6ysEaBATw

The Ross Ranch

https://www.youtube.com/playlist?list=PLhhVyaUmOQur-B4ftaiP8LV2KEOSbRltZ&fbclid=IwAR1RDO-WL4Ny3Z6S_cJp-FHc2a1oHVfe7YNQwlxLavstpPnmLT6ysEaBATw

https://www.youtube.com/playlist?list=PLhhVyaUmOQur_JaAeOITdaw93SePSHj9L

 

I would follow Joel Salatin https://en.wikipedia.org/wiki/Joel_Salatin

 
Lots of other lists, create lists as you specialize
 
Incubation
 
Camelinia 

https://www.youtube.com/playlist?list=PLhhVyaUmOQurypUqyMYSXChcF2RZxH8AD

Bio Security

https://www.youtube.com/playlist?list=PLhhVyaUmOQup1RDnooIt-Pbje3p24cvFH

Seeders

https://www.youtube.com/playlist?list=PLhhVyaUmOQupzVnJXmsKYwkLxfmocowx7

Veggies

https://www.youtube.com/playlist?list=PLhhVyaUmOQupo1zOtdfd8Mku_hdrPRTdl

Herbs

https://www.youtube.com/playlist?list=PLhhVyaUmOQuqghewNa-5oZBQyUmVWST0Z

Fields to Forks

https://www.youtube.com/playlist?list=PLhhVyaUmOQupqtQqnLgTCItpdM_DLgTTe

Food Creations

https://www.youtube.com/playlist?list=PLhhVyaUmOQuokKEaS0o9vPDoiub1eJVFV

Seed Saving

https://www.youtube.com/playlist?list=PLhhVyaUmOQurwMn_cKIPCi4KnpU-yaKbg

Fermenting

https://www.youtube.com/playlist?list=PLhhVyaUmOQuqJeBy53DiLRSZgW5MkYf3B

Ranch Cooking

https://www.youtube.com/playlist?list=PLhhVyaUmOQuo63RgCOlJwEHoL5rQW9lEN

Rabbits

https://www.youtube.com/playlist?list=PLhhVyaUmOQuoq2MtQ5Da03X9M2_iIVGR7

Have some Fungi Fun

https://www.youtube.com/playlist?list=PLhhVyaUmOQuqYbiG1bH6SRAxbkLbrJhE-

 

Besure and follow Doug & Stacy https://www.youtube.com/channel/UChit3QKk051fCsqliwVrbuQ

 

 8350939075?profile=RESIZE_710x

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Keep Knocking Forever Young

PEAK Disclosure - Click to reflect

Hope your holidays have been going well, and my prayer is that 2021 is full of joy and peace for you, your family and the organizations that you care for.

As Bob Dylan once said, “May God Bless you all with peace, tranquility and good will.”

Cheers

Tim

https://improvingfutures.ning.com/blog/merry-christmas-2020

https://improvingfutures.ning.com/blog/holiday-schedule-year-end-2020

https://improvingfutures.ning.com/blog/your-tv-interview-with-tim-2020-year-end-tax-review

https://improvingfutures.ning.com/blog/meet-tim

 

All I can do is be me, whoever that is.

 
 

Forever Young

The Band
May God bless and keep you always,
May your wishes all come true,
May you always do for others
And let others do for you.
May you build a ladder to the stars
And climb on every rung,
May you stay forever young,
Forever young, forever young,
May you stay forever young.
May you grow up to be righteous,
May you grow up to be true,
May you always know the truth
And see the lights surrounding you.
May you always be courageous,
Stand upright and be strong,
May you stay forever young,
Forever young, forever young,
May you stay forever young.
May your hands always be busy,…
 
Source: Musixmatch

 

Knockin' On Heaven's Door

Mama take this badge from me
I can't use it anymore
It's getting dark too dark to see
Feels like I'm knockin' on heaven's door
Knock-knock-knockin' on heaven's door
Knock-knock-knockin' on heaven's door
Knock-knock-knockin' on heaven's door
Knock-knock-knockin' on heaven's door, eh yeah
Mama put my guns in the ground
I can't shoot them anymore
That cold black cloud is comin' down
Feels like I'm knockin' on heaven's door
Knock-knock-knockin' on heaven's door
Knock-knock-knockin' on heaven's door
Knock-knock-knockin' on heaven's door
Knock-knock-knockin' on heaven's door
Knock-knock-knockin' on heaven's door
Knock-knock-knockin' on heaven's door
Knock-knock-knockin' on heaven's door
Knock-knock-knockin' on heaven's door…

Source: LyricFind
 
 
I got on a little rabbit trail while giving some advice on charity year end tax receipt processing. I'll post the advice below in a min, just thought you might like a little music to help you along the research path that came with this bit of adventure. ~ TLR
 

FW: Sample Guidance on Donations for Year End Eligibility for Tax Receipts 2020

 

I thought this maybe of interest to my friends associated with charity and non profits.

 

As year end fast approaches the acceptance and classification of which year to apply a donation that comes in over the next week or so can become problematic and is often a cause of some stress for us. This appeal that I received today from SALTS which is a wonderful organization in the marine training arena reminded me that this would be a good opportunity to share some guidance around year end items with respect to charitable gifts being received and given.

 

SOP  recommendation.   When you receive a chq in the mail, keep the envelop along with a copy of the chq  to demonstrate the post mark and thus the allocation to the year is correct with no doubt should it ever be questioned.  I also  always recommend that you keep a photo copy of all chq’s received as a general standard operating procedure ( SOP ) , print a copy of any etransfers received as well, along with any offering envelops received.  CRA can ask to see these and it’s good to have for any internal auditing requirements that may come up during bookkeeping and reviews.  When posting these year end items, set them up in your accounts receivables to be paid later, a DR in the books and a CR in donations  received ledger.  When they are deposited into the bank, the payment can be allocated in your bank ledgers properly, Dr the bank ledger and a Cr to Accounts Receivable.

 

Hope you holidays have been going well, and my prayer is that 2021 is full of joy and peace for you, your family and the organizations that you care for.

 

As Bob Dylan once said, “May God Bless you all with peace, tranquility and good will.”

 

Cheers

Tim

 

https://improvingfutures.ning.com/blog/merry-christmas-2020

https://improvingfutures.ning.com/blog/holiday-schedule-year-end-2020

https://improvingfutures.ning.com/blog/your-tv-interview-with-tim-2020-year-end-tax-review

https://improvingfutures.ning.com/blog/meet-tim

 

Knocking on heavens door  https://www.youtube.com/watch?v=CGB1P1jKIoE

 

Timothy Ross, Family Advisor, CEO & Founder, Brock Shores Financial

Mutual Funds offered through PEAK Investment Services Inc.

​This transmission is intended solely for the individual or entity to whom it is addressed and is confidential in nature. Please be advised that any distribution, reproduction or other use of this document by anyone other than the addressee is strictly prohibited. If you have received this communication in error, please notify us immediately. Thank you for your assistance.  Please feel free to share our contact info below with those who may benefit from our services. All rights reserved, Timothy Ross


Brock Shores Financial / Timothy Ross & Associates, Family Office Providing Omega Stewardship
​4502 Airport Road – Tincap, GTA Professional Center, Elizabethtown, Ontario K6T 1A2
​613-345-0016 Office 613-213-4625 Cell/Text 613-345-5231 Fax advisor@timothyross.com
​Executive Assistant: Heather Kiley assistant@timothyross.com
​Office Manager: Megan Ross megan@timothyross.com  


Mission - Vision – Core Values

“Serving our clients and community since 1988”


OMEGA STEWARDSHIP
​* One Stop Process Driven Approach for Retirement & Income Planning
​* Personalized Tax Management Solutions for Individuals & Business Owners
​* Confidential Wealth Management Solutions
www.BrockShoresFinancial.ca www.TimothyRoss.com 

#ImprovingFutures www.ImprovingFutures.ca


Helping Families Achieve ... Life's Major Goals
​1. Tax Smart Planning & Investing
​2. Worry Free Retirement
​3. Education of Our Children & Grandchildren
​4. Quality Care for Our Parents
​5. Meaningful Financial Help for Our Loved Ones
​6. Meaningful Legacy


​Member of Advocis, The Financial Advisors Association of Canada
​Member of IFB, Independent Financial Brokers of Canada
​Member of RIA, Responsible Investment Association
​Member of the Rotary Club of 1000 Islands, Paul Harris Fellow

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Leave your Review Here & Check Others
​ ​Have a Blessed Day! "People influence People”

 

From: SALTS Sail and Life Training Society <info@salts.ca>
Sent: December 27, 2020 4:55 PM
To: Advisor@timothyross.com
Subject: Your gift sustains SALTS

 

Thank you for your support!

 

 

 
 

 

As 2020 winds down, why not consider your charitable giving this year and whether you have given all you've decided in your heart to give. If you are able, your support this year sustains SALTS until we can sail again safely!

 

Donate online

 

If you are considering a donation to SALTS, please note that online gifts received by midnight PST on Dec 31st (or cheques mailed with a postmark on or before Dec 31st) will receive tax receipts for the year 2020.

 

Thank you for generously investing in transformation for future SALTS trainees.

 

Gratefully,

 

Loren Hagerty

Executive Director

 

 

 

S.A.L.T.S. Sail and Life Training Society

"Training young people, by the sea, for life."

Phone: 250-383-6811    Toll Free: 1-888-383-6811

Website: www.salts.ca

 

Subscribe to the SALTS Newsletter

 

 

 

SALTS Sail and Life Training Society | 451 Herald Street, Victoria, British Columbia V8W 3N8 Canada

Unsubscribe Advisor@timothyross.com

Update Profile | About our service provider

Sent by info@salts.capowered by

Try email marketing for free today!

 
Now, we got a little Rod Stewart , that's a good beat, and some rolling memories
 
 

Forever Young

May the good Lord be with you down every road you roam.
And may sunshine and happiness surround you when you're far from home.
And my you grow to be proud, dignified and true.
And do unto others as you'd have done to you.
Be courageous and be brave.
And in my heart you'll always stay
Forever young. (Forever young)
Forever young. (Forever young)
May good fortune be with you, may your guiding light be strong,
Build a stairway to heaven with a prince or a vagabond.
And may you never love in vain.
And in my heart you will remain
Forever young. (Forever young)
Forever young. (Forever young)
Forever young. Forever young
And when you fin'lly…


Source: LyricFind
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Merry Christmas 2020

 

Wishing you and your family a Wonderful, Blessed, Safe Holiday Season, a Merry Christmas and a Happy Prosperous New Year !

With the upcoming New Year rapidly approaching, on behalf of everyone at Brock Shores Financial and Timothy Ross & Associates, thank you !

It's been quite a year and we look forward to 2021 and serving in the upcoming year !

 Timothy Ross 

#ImprovingFutures , #OneStepAtATime

.... and from The Ross Ranch, Natures Energy Water Corporation and Fungi Fun

"May all of your carrots grow long and straight, may your water always be Simply Refreshing, and may your mushrooms settle well within you ! "

 

Please let us know if you have any questions or thoughts (just hit reply to this email). advisor@timothyross.com We love to hear from you

 

PS: PEAK Disclosure - Click here for your free disclosure gift

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Christmas Santa Gift

PEAK Disclosure - Click here for your free disclosure gift

Christmas Santa Gift

Hey!

Keep your kids believing in Santa Claus!!!.. now you can amaze them this Christmas with a personalized package from Santa! I ordered one for 2020 and it was a blast.

They have the COOLEST personalized packages from Santa! It comes with a free personalized phone call from Santa, and a free personalized video from Santa, too! :)

I was able to get you a 20% off coupon! Just use coupon code: SHAREUS20 during the checkout...

Just go to: http://fbuy.me/qPNRO    ( don't think it works :(  

https://www.packagefromsanta.com/

See ya!

Tim 

Referal Arrangement Disclosure: For every 3 people we get to purchase any Package from Santa, they give me a FREE Silver Package From Santa (voucher)!

This works for you too.  For example: Get 6 people to purchase, you'll get 2 FREE packages...get 9 people to purchase, you'll get 3 FREE packages, etc, etc :) no limit! 

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COVID #1

PEAK Disclosure - Click to Learn

There is so much info on Covid, I have not done much with it on my blog here. A search on COVID revealed ZERO results just now. So here is the 1st posting directly on the topic that I receently shared on facebook. Enjoy, reflect. ~ TLR

 

"This is interesting, surprisingly Canada is on the map ( often our global impact is so small we do not get noticed as a country ) , sometimes we wonder how did they do it so fast ? Well, the devil may be in the details, the fear certainly is, anyway, corona viruses have been studied for ages, so it was not a big deal to figure out how this one was composed, and thus a vaccine could be quickly figured out as it's basically a process that companies in this business have been working on for a long time, so the system is in place to get the job done, on this one the companies received billions of dollars in advance basically they were prepaid and didn't have to go get the R&D funds allocated to the projects. This basically made it so they could turn themselves loose on the systems they had, money that often takes years to get in-order to do the work was there, it wasn't piecemealed out , so the research and testing was implemented right away, also the red tape of government that slows down the work approval process was lifted / change to be more responsive , this thus allowed quicker turn arounds, thus the warp speed results we are seeing on a massive scale. Good or Bad, money and systems allowed it to happen, we can thank Donald Trump for making large amounts of the money available, I am sure there was other countries adding some fuel to the pot, but his teams push made the difference on this. A lot of money was made in this space, and lots more will be made, looking back on it all 3-4 years from now will be interesting indeed, legacy kind-a stuff I think. In the meantime, work on your immunity " ~ TLR

https://www.visualcapitalist.com/tracking-covid-19-vaccines-around-the-world/

 

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Holiday Schedule Year End 2020

Holiday Schedule - Customer Service and Support Centre

 

Brock Shores Financial & Timothy Ross & Associates

wishes you Wonderful, Amazing Holiday Season!

 

May your Christmas be Merry and your New Year be Happy!

 

In order to maintain our commitment to provide you with efficient and professional services at all times, we invite you to review below the modified schedule for the Office at 4502 Airport Road Tincap during the Holiday period:

 

 

Modified Business Hours for the Holiday period (EST)

December 14 to December 20, 2020  Regular Schedule

December 21, 2020  to Jauary 3rd 2021:  Closed

 January 4th 2021 , Regular Schedule Begins

 

If you have an emergency, please call 613-213-4625 and leave a message and we will get back to you.

Thank you for your business, 2020 has been an interest year, it seemed to drag on for ever, yet fly by at the same time.

 

From all of us, please accept our deepest and best wishes for a safe and happy holiday season, and every success in 2021.

Timothy Ross

CEO, Founder

 

https://www.facebook.com/improvingfutures

https://www.facebook.com/TimothyRossAssociates

https://www.google.com/search?q=brock+shores+financial

 

"As the old year retires and a new one is born, we commit into the hands of our creator the happenings of the past year and ask for direction and guidance in the new one. May he grant us his grace, his tranquility and His wisdom! ~ Peggy Toney Horton 

 

 

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Year End Payroll 2020

 

Year end reporting is way more complicated this yr, this is a helpful article, and some links to CRA site built in ~ TLR

http://www.canadian-accountant.com/content/partner-posts/understanding-wage-subsidies-at-year-end

 

Rachel Fisch of Wagepoint on TWS & CEWS compliance in time for 2020 year-end

 Author: Rachel Fisch
Rachel Fisch
Rachel Fisch is a strategic advisor at Wagepoint. Join Rachel  and Juliet Aurora, co-founder of AIS Solutions & Kninja Knetwork, on December 16, 2020, for a webinar on reporting wage subsidies for 2020 year-end.

Year-end reporting is complicated in a normal year — in 2020, it’s “rocket surgery.” 

This year saw the federal government introduce two different wage subsidies to support small businesses during the COVID-19 pandemic: the 10% Temporary Wage Subsidy for Employers (TWS) and the Canada Emergency Wage Subsidy (CEWS). Both subsidies are considered income for the small businesses who took advantage of them and, as such, they each have specific reporting requirements. 

If you and your small business clients are feeling overwhelmed, you’re certainly not alone. This overview will walk you through the ABCs of the wage subsidies, and if you’re still confused about closing your clients’ books, you can join our December 16th webinar to go over it all in detail. I will be hosting this webinar with Juliet Aurora, co-founder of AIS Solutions & Kninja Knetwork. 

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Peak Stands Out

 

THANK YOU TO ALL OUR EMPLOYEES!

PEAK EARNS THE BEST EMPLOYER IN CANADA AWARD

 

We are extremely pleased to announce that PEAK has earned the prestigious Kincentric Best Employer in Canada award. Only 20 other Canadian companies have qualified for this title in 2020!

This is great news, especially in this pandemic year, when all our employees are at home and we have had to reinvent the way we work. This recognition is especially important to us because it shows their strong appreciation of the company while adjusting to the reality of the pandemic. 

Kincentric (formerly Aon) recognizes leading employers with the Best Employer award. Ranking is based on a vast, confidential survey across companies everywhere in Canada.

Thanks again to all our employees! Their appreciation shows how much you, the PEAK network advisors, can count on a solid organization to serve your clients.

 

 

PEAK STOOD OUT  in Leadership, Employee Engagement, Talent Focus

 

https://www.peakgroup.com/en/

 

PEAK Disclosure - Click to Find Out Why We Stand Out

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Maximizing your Business Service Capacity

 

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Dividend Time Year End 2020

PEAK Disclosure - Click to Learn

DIVIDEND TIME YEAR END 2020 

It's that time of year to check out estimated Dividends. I started looking at over the last couple months at the trends to get some perspective of the tax burden we will be facing, it's going to be more than 2019, It's Dividend Time ! 

Common  theme I am seeing in communications from our portfolio managers and fund companies,  Q: Why are the estimated distributions relatively high ?

Well, volatility, and many companies have been profitable during the plandemic. So trading creates capital gains dividends, profits create income type dividends. We will see higher dividends this year, depending on your asset class and type of portfolio, 2-4% will not be uncommon in many portfolio's. If you have done a lot of trading or your manager has, expect taxable capital gains, if these are significant, some planning may be in order, or at a bare minimum a resolve to be a happy tax payer, I know a couple who are.  This is brief update, everyone will be different. Just a "Heads Up",  thankfully it's been a good year for peoples investments for the most part. Around the world, it's been a little rough lok at Spain and Russia, US pretty good , Canada not even on the list.  This link I found gives a bit of perspective.

https://luckboxmagazine.com/trends/best-and-worst-global-stock-markets-in-2020/

Remember, celebrate dividends, means business was good for the most part, only downside, you will need to share some of them with the government and they need the money, also remember dividends have already had taxes paid on them by the companies owned, so there is some tax advamatges of receiveing income that has been pretaxed, not going into the details, that will be a whole new topic, I will probably find a few articles that explain it so much better than I can. The important thing here is to be aware. 

So, Perhaps will dive a little deeper on this topic going forward.  Search the site at the top right corner for keyword Dividends for other posts in the past and in the future.

Also check the comment section for articles regarding the topic 

As a member , if you come across a relevant article , please post in the comment section, so we can all benefit

Thank you

TLR 

 

 

 

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Formula for Burnout

PEAK Disclosure - Click to reflect

 

Received this email on Monday, as i'm going through my feeds, I thought interesting, people might like this and it's a reminder of the dangers we all face. Some good questions to ask yourself ~ TLR

 

 

Is this the path you’re on?

Burnout wipes out a lot of businesses every year. I heard a clinician say that being in a high stress state all the time literally ages your body faster. Terrifying.

Here are the ingredients required to burnout, pretty much guaranteed.

(if you recognise the ingredients here, I’d recommend re-thinking the recipe you’re using to run your business, before you start to show symptoms… it is not pretty if you don't take stress seriously)

Ingredients:

1. A large dollop of ‘hussle’: I just need to work HARDER. There’s a difference between knowing the value of hard work when needed and work for work's sake. The glamour of wanting to feel busy all the time doesn't last

2. A dash of ‘do-everything-myself-itis’: to get this ingredient, refuse to automate or outsource anything. This is an important part of the burnout recipe as you need all moving parts on your shoulders, and your shoulders alone

3. Start every processes from scratch every time: Refuse to standardise any of your repeated admin tasks. No templates. No systems. This way you duplicate as much work as humanly possible for yourself

4. Do everything possible to get more quantity of work than you can handle... regardless of the quality: the more hours you can work in a week, the more successful you are, right?

5. Learn nothing: no iterating, no reviews, no course correction. Just keep your head down and keep going wherever you’re currently headed

Viola!

You’re ready for a full meltdown!

In all seriousness, please don’t do this. It’s incredibly bad for your health. Especially your heart.

Here’s a quick insight into how you could fix your course…

List out everything you’ve got going on in your business. I mean everything (it wont take as long as you may think).

As a thought experiment answer the following question:

If you had to work no more than 2 hours a day and still had to get 80% of the same output, what would you do?

It may involve outsourcing some tasks.

It may involve removing a lot of things from your to do list that aren’t actually impactful.

It may involve learning new technology to automate things.

The answers to this question can open the door to working less.

Working less means you have more mental resources.

You’re more likely to stay healthy, and far less likely to burnout.

‘Till tomorrow

Roger 'work smart not hard' Knecht

President, Universal Accounting Center  https://universalaccountingschool.com/

 

It's a training school in Utah , some different rules in US vs Canada, however, prinicpals apply around the world and are transferable amongst industry, so if your in business or want to improve your employers business and your own life by bringing more value, there might be something here for you. 

 

"We must learn to apply all that we know so that we can attract all that we want." ~ Jim Rohn

http://www.guaranteed-success.com/learning-by-jim-rohn

 

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Cool IDEA from the PAST

PEAK Disclosure - Click to Keep It Cool

Came across this in my email this morning, it's a cool reflection on how a idea became the standard in recrational facilities. Enjoy the artcile, and log into the Hustle to get more of these cool finds ~ TLR 

 

CLICK ON THE LINKS BELOW TO GET THE PIC'S 

https://thehustle.co/the-man-who-invented-the-zamboni/

The man who invented the Zamboni

How the son of Italian immigrants created a niche industry for ice resurfacing machines and turned his family’s name into a noun.

BY Zachary Crockett

As the great sage Charlie Brown once said: “There are 3 things in life that people like to stare at: a flowing stream, a crackling fire, and a Zamboni clearing the ice.”

Watching one of these machines glide across a skating rink, restoring carved-up ice to glassy perfection, is efficiency in motion. A job that once required 1.5 hours of manual labor can be done by a Zamboni in just a few minutes.

Technically, these contraptions are called ice resurfacers. 

But the company that originally invented them in 1950 — Frank J. Zamboni & Co., Inc. — has become so dominant in the niche market that all ice resurfacers are now colloquially called “Zambonis.”

The company has produced 12k+ machines used by pro hockey teams, Olympic Games venues, and recreational ice rinks around the world.

And it all started with the entrepreneurial vision of a 2nd-generation Italian immigrant named Frank J. Zamboni.

From farm to ice rink

Born in 1901, Zamboni spent his childhood on his family’s farm in Idaho, tinkering with mechanical equipment.

According to the Italian-American periodical Fra Noi, Zamboni’s formal education was cut short at the age of 15 when he left school to earn extra income fixing cars.

Frank Zamboni (far left) with his mother, father, and siblings, c. 1905 (Zamboni Company)

In 1920, he moved to Los Angeles to help his older brother run an auto garage. Soon, he saw an opportunity in a different space: refrigeration.

Many industries relied on large chunks of ice to preserve and transport perishable products. Leveraging their mechanical know-how, Zamboni and his brother launched a business that specialized in crafting refrigeration units for dairy farmers.

By 1927, they’d expanded the operation into a plant that produced ice blocks, which they sold wholesale to produce farmers.

But in the mid-1930s, major advancements in air conditioning and cooling technologies threatened to put the brothers out of business...

So, they had a genius pivot

At the time, figure skating was growing in popularity in America.

Buoyed by the Winter Olympics, which debuted in 1924, an industry was emerging for indoor ice skating rinks. But the prevailing tech used to create the ice in the rinks — a grid of underground steel pipes — often left the surface “rippled” and bumpy.

Zamboni’s early patent illustrations for improved ice rink mechanisms (Google Patents)

At his ice plant, Zamboni began to experiment with different cooling methods and soon discovered an alternate solution.

In lieu of pipes, Zamboni circulated brine water and ammonia refrigerant under the ice in “large flat tanks” — an approach that resulted in a smoother, more uniform skating surface.

He secured a patent and, in 1940, teamed up with his cousin and brother to open his own ice skating rink down the street from his ice plant.

Iceland Skating Rink was unlike anything Southern Californians had seen: The 20k sq. ft. facility — one of the largest in America — could house 800 skaters at once.

The business was a smash hit, attracting 150k skaters per year.

Iceland, in Paramount, CA, c. 1940s. A dome was later added, making it an indoor rink. (Zamboni Company)

But the success of the rink, and its sheer volume of foot traffic, soon raised a secondary concern.

At the end of every business day, the rink’s ice was completely chewed up by skate blades. How could they efficiently restore it for the following day’s crowds?

How to resurface 20k sq. ft. of ice

In the early 1940s, skating rinks had a rather daunting procedure for restoring the surface of their damaged ice:

1.    A tractor would roll across the ice with a scraper in tow.

2.    Workers would manually shovel up the shavings and “squeegee the dirty water away.” 

3.    The workers would spray on new layers of water.

This process took 4 men up to 1.5 hours to complete — and Zamboni couldn’t stand for it.

Early — and not very efficient — methods of resurfacing ice (Zamboni Company)

For nearly a decade, Zamboni had something of a mad scientist's lab in the back of the Iceland rink, where he experimented with various mechanical contraptions that could optimize ice resurfacing.

He Frankensteined parts from war surplus vehicles and bomber planes, and ran into numerous issues — chattering blades, malfunctioning snow tanks, lack of tire traction on the slippery ice.

“It took him nine years,” Zamboni’s son, Richard, later told the LA Times. “One of the reasons he stuck with it was that everyone told him he was crazy.”

Finally, in 1948, his prototyping led to a breakthrough.

Per Joseph Scafetta, Jr., who profiled Zamboni in 2000, the machine worked like so:

·  A blade inside the vehicle shaved the surface of the ice.

·  The ice shavings were picked up by a horizontal screw and funneled into a snow tank by a conveyor.

·  A second tank sprayed conditioner on the ice to eradicate imperfections.

·  A vacuum sucked up dirty water and debris.

·  Clean hot water was dispensed on the ice.

Top left: Zamboni working on prototypes; top right: a patent illustration for his early machine; bottom: an ice resurfacer prototype in action (Zamboni Company)

The resulting invention — the Zamboni Ice Resurfacer — could perform all of these tasks in 15 minutes while driving across the ice. (Future machines would improve this time even more.) 

In 1949, Zamboni formed Frank J. Zamboni & Co. and began manufacturing his patented machines for sale to the public.

A lucrative, niche industry 

Competing ice rinks quickly recognized the utility of Zamboni’s machines.

The entrepreneur sold his first machine to the nearby ice rink Pasadena Winter Garden for $5k ($54k today). But Zamboni’s biggest marketing tool was his own rink, Iceland.

A big break came in 1950 when Sonja Henie — a Norweigian film starlet and Olympic champion skater — spotted one of Zamboni’s contraptions in operation at Iceland and ordered 3 of them for use in her international figure skating tour.

This gave the machine world-wide exposure — and demand soon ballooned.

An advertisement for Zamboni machines, c. 1960s (Zamboni Company)

From the 1950s to the early ‘60s, sales figures doubled each year. The company’s customer base expanded to include NHL teams, the Winter Olympics, and touring shows like the Ice Capades.

New owners often expressed concern that the new machines were so fun to watch that they were stealing the limelight. "People will stay in the stands and watch it and not go down to the concession stands," one stadium owner reportedly told Zamboni.

Zamboni had an astute eye for iteration, based on customer feedback. Over the years, the machines saw various improvements — increased tank capacities, liquid-cooled engines, and later, electric power.

After handing the reins of the company to his son, Richard, in the late ‘60s, Zamboni continued to innovate, inventing machines that rolled up AstroTurf, dumped dirt on cemetery vaults, and cleaned airplanes.

A grasp on the market

Frank J. Zamboni died of lung cancer complications in 1987, at the age of 87.

But today, under the leadership of his grandson, the company he built continues to dominate the ice resurfacing market.

Since 1949, the company has sold more than 12k ice resurfacing machines. Between its 3 manufacturing plants in Los Angeles, Canada, and Sweden, it rolls out ~250 new machines per year, which cost anywhere from $10k to $175k+ depending on size. 

Some of this cost pays for itself: rinks often make money by selling ad space (anywhere from $5k/year for a smaller arena up to $50k+ for the NHL) on their Zamboni machines.

Zamboni (right) with his son Richard (later the company’s president) in 1985 (Bob Riha Jr. / WireImage)

Though ice rinks have seen slowing growth in the US, Zamboni has continued to mine customers in growing foreign markets. Fears about niche market saturation have never been fully realized.

To secure limited business, Zamboni often has to slug it out with a few competitors like Ontario’s Resurfice Corporation.

But the Zamboni company enjoys a competitive advantage that goes back to the roots of Frank Zamboni, who has since been inducted into the National Inventors Hall of Fame.

Like Kleenex, Coke, and Xerox, the name “Zamboni” has been genericized to refer to any ice surfacing machine.

“If our name had been Smith or Brown, I don’t think any of this would have happened,” Zamboni’s son Richard later told the Minneapolis Star Tribune

“It’s kind of a screwball name. There’s such a uniqueness to it, the machine kind of took on a character of its own. My father was always surprised by that.”

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