Wealth Coach William R. Patterson Speaks at the 2008 Congressional Black Caucus Conference

#1 Business Motivational Speaker and best-selling author William R. Patterson shares his BARON Wealth-Building and Entrepreneurship Strategies as a featured speaker for the Congressional Black Caucus Foundation 2008 Annual Legislative Conference. Other notable attendees include best-selling authors George C. Fraser ("CLICK") and Farrah Gray ("Reallioniare").

Wealth Coach William R. Patterson Receives Award from U.S. Post Office and Teach Boys & Girls Success, Inc.

Wealth Coach William R. Patterson delivers the keynote for the 2008 National Family Empowerment Conference in Charlotte, NC where he is awarded a certificate of appreciation from the U.S. Post Office and Teach Boys and Girls Success, Inc. for outstanding community service during the unveiling of the national heritage Latin Jazz Stamp.

Teach Boys And Girls Success, Inc. was founded in 2006 by CEO Donna Reed to help address the challenges of at risk youth through financial management and entrepreneurial training.

"We have made great strides in improving the success rates of small businesses, but we are also committed to youth programs and community service," Patterson says.

The Baron Solution Group has developed a national K-16 curriculum to help students in urban schools and teen mothers develop entrepreneurship and personal finance skills.

Youth Financial Training | Youth Entrepreneurship Training - Young Millionaires Program (Video)

Wealth Coach William R. Patterson (CEO of The Baron Solution Group) and Earl Christian III (Executive Producer of The Urban Wall Street Project) have joined forces to create the BARON Young Millionaires and Producers Program. The program teaches an integrated suite of entrepreneurship, personal finance, and film production skills to students of all ages to help them to become the next generation of young millionaires.

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Wealth Coach William R. Patterson Nominated for Top 100 MBE Award

The Baron Solution Group is operating in one of the most difficult financial and political environments in over two decades. Yet Patterson and his team have been able to increase the revenues of clients twenty percent on average—and in some instances, double revenues in less than one year. Patterson achieves these results by applying the firm's proprietary method, which includes over 200 business and financial accelerators. By helping clients scale their businesses, Patterson has also positioned them to raise millions of dollars in private equity funding.

Black Enterprise praised Patterson’s work, calling it "a compelling way to reveal how wealth-building strategies apply to everyday living." Patterson has also received endorsements from notable business leaders such as billionaire Founder of Black Entertainment Television, Bob Johnson, management expert, Tom Peters, and Chief Marketing Officer of The Nasdaq Stock Market, Inc., John L. Jacobs.

"Many small businesses are in dire straits as a result of losing access to capital or are simply looking for realistic and ethical ways to accelerate their success. We are just glad to be able to help people," Patterson says. "We work so hard at what we do, because of our passion to help people transform their lives."

Awards and Recognition

1. Ranked as #1 Wealth Coach by Google.com and AOL.com
   
2. Ranked as #1 Business Motivational Speaker by Ranking.com
   
3. Honored as an international best-selling author, business and wealth coach
   
4. Featured on the Forbes Book Club notable list
   
5. Won five Web awards for excellence including Best Speaker and Lecturer; Best Male Author; and Best Wealth-Building Site
   

Media and Business Expertise

1. Featured as a guest on over 350 television and radio programs
   
2. Teaches business and financial strategies to over 50 million people world-wide through television, radio, print, online media, and live events
   
3. Trains CEOs and high-level executives of billion-dollar corporations
   
4. Trains thousands of global entrepreneurs and investors using THE BARON SOLUTION™ Strategies for Wealth and Business Success
   
5. Financial expert for XM Satellite Radio and CBS Radio - Talk 1580 AM in Washington, DC
   

Major Publications, Training Programs, and
Related Accomplishments

1. Developed over 150 financial and business training programs, products, and services
2. Has written over 250 financial and business articles
3. Pioneered THE BARON SOLUTION Four- and Five-Portfolio Approaches to Building Wealth
4. Has financial books translated around the world in various languages including Russian, Korean, Polish, and Portuguese

William R. Patterson was recently honored during the Founder's Day celebration for Sigma Gamma Rho Sorority, Incorporated for his work teaching financial skills to students in urban schools and teen mothers. "We have made great strides in improving the success rates of small businesses, but we are also committed to youth programs and community service," Patterson says. He conducts The Baron Solution national youth workshop series to help children develop financial and business skills that are not taught in schools. He also developed a personal finance and entrepreneurship curriculum for K–16 students.

Immediately Increase Your Cash Flow with a Small or Home Based Business

Starting a small or home based business is a great way to immediately increase your cash flow and begin building wealth.

By starting a small or home based business, you are likely to increase your tax deductions, so you can work with your accountant and adjust your withholdings to free up more cash flow throughout the year to invest or operate your business. This is preferable to letting the government hold your money all year without paying you a dime in interest.

The government encourages business ownership and rewards entrepreneurs with increased tax credits, deductions, and shelters. And not only do you have these lucrative tax benefits through your business, you also have the opportunity to stash away more money for retirement by setting up a SEP IRA, Keogh plan, or 401(k) for your company.

When it comes to financing your business, there are quite a few options available. For smaller companies, you can partner with others, pull in sponsors, and develop trade lines of credit, which are surprisingly easy to get for those with right knowledge and properly structured businesses.

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Ranked as the #1 Business Motivational Speaker by Ranking.com, William R. Patterson is a two-time award-winning lecturer, national best-selling author, and wealth coach who uses his trademark approach, THE BARON SOLUTION™, to coach, train, and motivate business leaders, sales professionals, entrepreneurs, and investors. His breakthrough book, The Baron Son, has been translated around the world and featured in the Forbes Book Club. William is an internationally recognized business authority who has been a featured guest on over 300 television and radio programs. William’s website, BaronSeries.com, is also winner of three 2008 Web Awards including Best Wealth-Building Site. THE BARON SOLUTION integrates over 200 proven business and financial accelerators to help you rapidly achieve your personal and organizational goals.

Increase Your Income with Five Simple BARON Strategies

It only takes a little bit of intelligent thought and action to make a big difference in your bottom line.

Many people including high-wage earners are struggling financially and living paycheck-to-paycheck. Here are five simple BARON strategies that will help you increase your income and savings.

1. Find a coach or mentor and expand your network. One of the quickest ways to increase your income is to change the people with whom you spend the majority of your time. It is often said that if you take the median income of the people with whom you spend the majority of your time, that number will serve as an accurate predictor of your income. Forming mentoring relationships and networking with individuals who have achieved a higher level of financial success will expand your knowledge and expose you to new investment ideas and unprecedented opportunities to build wealth.





2. Get paid what you are worth. If you are an employee that means going after higher paying jobs in your industry. If you are business owner, that means going after larger clients and deals. It is important to make sure your time is directly aligned to where the lion’s share of your income either is or is going to be, and to make sure that you are doing the most important activities every day that will change the condition of your life or business financially.





3. Reduce your Expenses. Cutting your expenses is an easy but significant way to boost your net income. You can increase your income by thousands of dollars by consolidating your long-term debt and reducing your interest rates; doing comparison shopping and buying products in bulk; purchasing consolidated services; and doing a better job of budgeting and planning to reduce late fees, bounced check fees, and penalty fees.

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Ranked as the #1 Business Motivational Speaker by Ranking.com, William R. Patterson is a two-time award-winning lecturer, national best-selling author, and wealth coach who uses his trademark approach, THE BARON SOLUTION™, to coach, train, and motivate business leaders, sales professionals, entrepreneurs, and investors. His breakthrough book, The Baron Son, has been translated around the world and featured in the Forbes Book Club. William is an internationally recognized business authority who has been a featured guest on over 300 television and radio programs. William’s website, BaronSeries.com, is also winner of three 2008 Web Awards including Best Wealth-Building Site. THE BARON SOLUTION integrates over 200 proven business and financial accelerators to help you rapidly achieve your personal and organizational goals.

The Seven Major Reasons People Struggle Financially

Video - 2:51 Minutes

National best-selling author and wealth coach William R. Patterson provides insights on the seven major reasons that people struggle financially, all of which have nothing to do with money, in part six of an in-depth interview for The Urban Wall Street Project with Earl Christian III.

There are seven major reasons that people struggle financially:

1. Not Having Mentor or Coach Who Holds You Accountable
   To reach any significant level of success, every individual and business owner should have a wealth coach or business coach to help them limit risk and rapidly improve their financial situation or build their million-dollar business with integrated turnkey solutions.





2. Self-Doubt
   Financial independence is not a rational decision. If it were a rational decision, more people would take decisive action to do the things that would make them financially free. Financial freedom is about overcoming your emotions — especially fear. Most people do not truly believe they have the power to change the condition of their lives starting from where they are. Despite what one may think, you are never too broke, your credit is never too poor, and it is never too late to begin improving your finances or to build a million-dollar business.A coach can help you think bigger and change your beliefs about what is possible by teaching you the things you don't know that you don't know.





3. Limited Networks
   Those with limited networks are always the last know and the last to be helped. At least 80% of your success will be the result of soft skills—your ability to network, form mentoring relationships, strategic partnerships, and political alliances. Without question, your network is a direct reflection of your net worth; build one and the other will grow. Remember, any situation of lack can be solved through a partnership.





4. Using the Wrong Vehicle for Building Wealth
   Most people struggle financially because they attempt to build wealth with a linear approach—using one investment strategy, one portfolio, and one stream of income (a job). And for most people, a job is a $50,000 solution to a million-dollar problem. If you have a million-dollar problem, you of course have to use a million-dollar solution. To build significant wealth in a way that brings you greater freedom with each dollar made, you have to learn to manage multiple investment strategies, multiples portfolios, and multiple streams of income.
   You also have to leverage the three major wealth building vehicles, the stock market, real estate, and entrepreneurship.

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How Barons Profit in Volatile Markets

To reach any significant level of success, every small business owner should have a business coach to help them avoid many of the hurdles and pitfalls that exist and rapidly build their business with integrated turnkey solutions.

There are some common traits that allow industry and financial Barons to profit in volatile markets.

These traits include:

1. Using their networks and specialized tools to gauge market sentiment before making buy or sell decisions.


2. Not rushing into investments with a scarcity or “need to do a deal or need make a trade” type of mentality. Barons are patient; they know market corrections are inevitable and time and the overzealous nature of unskilled business owners and investors will present them with the buying opportunity of a lifetime.


3. Doing proper valuations of the market and their holdings to know when each is overvalued and poised for a correction.


4. Using multiple strategies and market instruments to hedge and profit from downward moves in the market.


5. Maintaining large cash reserves to handle emergencies and to take advantage of investment opportunities and/or partnering with others who have such reserves.

Down markets present opportunities to make money like no other. Master this skill set and you will build your fortune in a third of the time.

Ranked as the #1 Business Motivational Speaker by Ranking.com, William R. Patterson is a two-time award-winning lecturer, national best-selling author, and wealth coach who uses his trademark approach, THE BARON SOLUTION™, to coach, train, and motivate business leaders, sales professionals, entrepreneurs, and investors. His breakthrough book, The Baron Son, has been translated around the world and featured in the Forbes Book Club. William is an internationally recognized business authority who has been a featured guest on over 300 television and radio programs. William’s website, BaronSeries.com, is also winner of three 2008 Web Awards including Best Wealth-Building Site. THE BARON SOLUTION integrates over 200 proven business and financial accelerators to help you rapidly achieve your personal and organizational goals.