MiraCosta College Business Department

Accounting, Business Administration, Real Estate

This upcoming season is full of storylines from the out-of-control 49ers to the Bill Belichick Patriots to the up-and-coming Colts.


A May 2014 survey called the Realtors Confidence Index conducted by the National Association of Realtors detailed where Realtors expect the most growth in home prices throughout the nation.  The parts of the country where Realtors expected the most growth, between 5%-7%, included Oregon, California, Colorado, Hawaii, Texas, Georgia, and Florida.

More at… http://us3.campaign-archive1.com/?u=a6e50781e4339a7187c8da876&id=26d1084639&e=ea5255bda2


A Profile of Top Performers on the Uniform CPA Exam



Warren Buffett’s Favorite Business Books – Business Insider

When Warren Buffett started his investing career, he would read 600, 750, or 1,000 pages a day.Even now, he still spends about 80% of his day reading.

“Look, my job is essentially just corralling more and more and more facts and information, and occasionally seeing whether that leads to some action,” he once said in an interview.

“We don’t read other people’s opinions,” he says. “We want to get the facts, and then think.”

To help you get into the mind of the billionaire investor, we’ve rounded up his book recommendations over 20 years of interviews and shareholder letters.

Read more: http://www.businessinsider.com/warren-buffett-favorite-business-books-2014-8?op=1#ixzz3CNBAKDHT

FYI, that there are two very good CSUSM CoBA speaker programs that you and/or students are welcome to attend if interested. Details below.

#1: IN THE TRENCHES FOR ENTREPRENEURS: For FALL 2014 (Mondays, 1-250pm; Markstein Hall Room 104)

“In the Trenches” class Mondays 1 pm-2:50 pm in Markstein Hall 104 open to the public to hear entrepreneur guest speakers, almost all alumni under the age of 30:
8-Sep Jim Hamerly Novus Energy, Paseo Technology, DigitalStyle, Thermodynamics
15-Sep Steve Wolf Book author, All Else Failed Industries, RevvNRG, Roommatefax.com
22-Sep Nate Leathers Green Guard Services
29-Sep Chris Placentia Jason Paul Marketing
6-Oct Stephanie Burns Chic-CEO.com
13-Oct Juliet Correnti Radeus Labs
20-Oct Bryan Mason bryanjmason2014@gmail.com
27-Oct J. Candace Covington Roommatefax.com
3-Nov Elise Muhawi jananelise.com
Learn of the life and lessons of an entrepreneur through real-world stories and experiences of entrepreneurs discussing their business successes and failures.

#2: IN THE EXECUTIVE’S CHAIR: (Tuesdays, 10-1150am; Markstein Hall Room 125)

In the fall and spring semesters each academic year, the “In the Executive’s Chair” class takes place on the CSUSM campus. The inspiration for this course came from the Bravo cable television series “Inside the Actors Studio.”

Host Raj Pillai’s goal is to help students learn from the best by bringing in top local business leaders to talk about their careers, their companies, and the critical business decisions they commonly face. The exposure to these successful executives helps better prepare our students for their own business careers, as well as provide examples that demonstrate possible career paths.

Raj is happy to have any MiraCosta students/faculty attend the presentations. Just show up and enjoy.

Place: CSUSM campus, Markstein Hall 125
Day: Tuesday
Time: 10 – 11:50 am

ITEC link: http://www.csusm.edu/climb/programs/itec/index.html

Speaker Schedule | Fall 2014

2 Lee Meeler


9 Scott Free

Chief Executive Officer, Lusardi Construction Company

16 Brian Hudak

Founder and President, HMT (Hungry, Mean, Tired) Electric

23 Dr. Timothy White

Chancellor, California State University

30 Jim Pinto

Technology Futurist, Speaker, Writer, Industrial Automation Commentator, Analyst & Consultant, Founder

(formerly President & CEO of Action Instruments)

7 Peter Ronchetti

General Manager, Merlin Entertainment Groups’ LEGOLAND, CA

21 Steve Wagner

President and Brewmaster, Stone Brewing Co.

28 Greg Lucier

Limited Partner, Lakeshore Capital Partners LLC and former Chairman and CEO of Life Technologies Corp.

4 Brian Lee

Wells Fargo, Regional Banking Area President, North San Diego Region

18 Dr. Karen Haynes

President, CSUSM

25 John Reilly

Park President, Sea World San Diego

fter decades in the workforce, it seems only natural for retirees to expect financial security in their Golden Years. But gone are the days when Americans looked forward to a worry-free retirement. Many are working longer years with an increasingly unreachable goal of securing financial freedom for the rest of their lives. In 1991, only 8 percent of Americans delayed retirement to age 65. Today, that figure has doubled, according to the Employee Benefit Research Institute’s annual “Retirement Confidence Survey.”

And the reasons for extending their working lives are somewhat obvious: With a number of local economies still struggling to rebound from the Great Recession, a quarter of respondents to the EBRI’s survey said they can’t afford to retire when they want or plan to. Eighteen percent cited “inadequate finances” as the other primary hurdle to retiring on schedule. Fifty-eight percent of workers and 44 percent of retirees also disclosed having problematic debt levels, which some claim are higher than they were five years ago.

It’s no wonder a fifth of American workers approaching retirement age haven’t saved for it, the Federal Reservereported this past August. More than half of workers surveyed by the EBRI cited cost of living and daily expenses as impediments to saving — or saving more — for retirement. So if simply making ends meet prevents workers from growing a nest egg for the future, what options are left for investing in retirement? One solution is to relocate to an area where retirees can stretch their dollars and live out their lives as comfortably as possible.

To help Americans find the best places to retire, WalletHub analyzed the 150 largest cities in the United States across 25 key metrics. They range from cost of living to job prospects for workers aged 65 and older to the availability of recreational activities. The study also includes an examination of each city’s quality of life and health care conditions. By highlighting the most retirement- and wallet-friendly cities, WalletHub aims to ease the process of finding a new place to call home.

More at… http://wallethub.com/edu/best-places-to-retire/6165/

For the third year in a row, business owners polled by Thumbtack.comflunked San Diego for its friendliness to small businesses.

The third annual survey, conducted by professional listing service Thumbtack and the Ewing Marion Kauffman Foundation and released Monday, showed that owners of small firms rated the San Diego area the worst, or close to it, in nine out of 11 categories.

More than 12,000 entrepreneurs from 82 metro regions participated in the survey, 212 of them from San Diego. Those business owners ranked San Diego at the bottom with six other cities including Buffalo, N.Y. and Sacramento. California tied with Illinois and Rhode Island for unfriendliest state. The state received an F for its environmental regulations.

More at… http://www.utsandiego.com/news/2014/aug/04/san-diego-f-small-business-thumbtack-poll/

When is the best time to claim Social Security?

Faced with cracked nest eggs and shrinking pensions, baby boomers on the brink of retirement are turning to a growing number of free online programs that aim to help them squeeze the maximum from their Social Security benefits. But before implementing the programs’ recommendations, it’s important to verify the results with a financial adviser or service with expertise in Social Security.

More at… http://online.wsj.com/articles/free-tools-for-optimizing-social-security-benefits-1406419908?mod=WSJ_Your_Money_3up

No one ever said being an entrepreneur would be easy. A million obstacles seem to stand in the way each and every day. The naysayers and budget woes can be enough for the average person to start waving the white flag.

But you are not an average person: You’re an entrepreneur. That means that even when times are tough, you’re still going to march forward.

Yet when this whole entrepreneur thing becomes overwhelming, take a break and look for some much needed motivation. And what better way to find inspiration than watching movies?

Whether it’s a heartwarming adventure, irreverent comedy or thought-provoking documentary, a film can inspire and motivate a weary business owner.

With that in mind, here are 10 movies that every entrepreneur needs to watch:

More at… https://www.linkedin.com/today/post/article/20140804103845-208000855-10-movies-every-entrepreneur-should-watch?trk=tod-posts-post1-ptlt

Browsers have evolved far beyond their original mission of providing one-way windows into the world wide webosphere. Indeed, as more services migrate to the cloud, browsers only reinforce their new role as multi-function boxes of digital magic.

All the important Internet things are available in browser form—everything fromcommunication tools to productivity suites to disposable escapist entertainment. It’s almost like the browser has become an OS in and of itself. In fact, you could say that’s exactly where things are headed.

While there is plenty of debate out there as to which browser is best, for my money it’s the sleek, minimalist package known as Google Chrome. And the data shows that most users agree: According to the latest numbers from W3Schools, 58.4 percent of people are using Chrome, more than double the next highest, Firefox (25 percent), with IE (9.4 percent) and Safari (4 percent) trailing far behind.

More at… http://www.pcmag.com/slideshow/story/323996/19-hidden-chrome-features-that-will-make-your-life-easier