Financing A More Exclusive Lifestyle

exclusive lifestyle

Financing A More Exclusive Lifestyle

It’s surprising that the emerging market is now the biggest consumer of luxury goods, as reported by Deloitte, where a more mature audience once held the title. This will require luxury brands to reinvent their marketing approach in order to accommodate their new clientele. With an increase in income and more access to loan products, the new luxury consumer is fully equipped to have all they desire.

But what is it that this elite group of consumers really want?

Fast Cars Are No Longer Enough
While speed is still a requirement in fast cars, the more exclusive ones are those that tend to lure the dollars. These are the limited edition cars that ensure they remain exclusive. Cars such as the Ferrari Pininfarina Sergio are more than just vehicles with a high price tag. Although the approximate $3 million asking price may not be considered much for those who have cash at their disposal, this figure could rise due to its exclusivity. Ferrari decided to only manufacture six of these models, making it one of the most coveted vehicles on the planet.

 

A Home to Call Their Own
There are homes and then there are abodes that make luxury hotels seem a little dated. These homes are kitted out with top of the range items from furniture right through to appliances, fittings, and more. These pads also need all the amenities such as tennis courts and landscaped gardens. Custom designed pools may require a bit more than just basic pool knowledge as waterfalls and built-in hot tubs are part of the package. Green home design initiatives are also a must-have and no expense is spared in getting the perfect design out.

 

Music Items You Won’t Find In Every Cabinet
It all starts with a crisp and clear sound that resembles studio quality. But it doesn’t stop there. An array of specialized materials that ramp up the price tag, such as gold, platinum, and leather, also feature in these gadgets. For Sennheiser Orpheus HE1 headphones, the price tag of $50,000 may seem steep but considering that only 250 are made per year, exclusivity is guaranteed. Hook these up to a VPI Classic Direct Turntable that retails for a massive $30,000 and a superior musical experience is guaranteed.

 

Although money can’t buy everything, it certainly affords those who have it with an array of exclusive options. Money thrown at the right items can provide comfort, pleasure, and even relaxation. The finer things in life make the tough journey to the top worth it.
Posted in
employee

Employee Ownership Update

Employee Ownership The following article appeared in the New York Times on May 21, 2006 and is one of the best articles about employee ownership that I have seen. It illustrates a few great examples of how employee ownership has helped companies achieve extraordinary success. These Workers Act Like Owners (Because They Are) By William…

FAMILY LIMITED

Family Limited

This FLP Alert is directed at clients and their advisors who have already established Family Limited Partnership irs (“FLP’s”) and those clients who are considering a partnership as part of their estate plan. With all the attacks the IRS has made on FLP’s over the past few years, culminating at the Strangi III decision in…

The True Value of Your Company May Be Different From What You Think

The True Value of Your Company May Be Different From What You Think

The True Value of Your Company May Be Different From What You Think Approaches to Value Intangible Assets Posted: 3/31/11 I’ve received a lot of inquires asking how to value a company that has yet to generate any revenue, has not reached profitability, and yet, it has a substantial history of expenses. Most are start-up…

To receive our free newsletter, contact us here. Subscribe our YouTube Channel for more updates. Alan Olsen, CPA Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world. Alan L. Olsen, CPA, Wikipedia Bio GROCO.com is a proud sponsor of The American Dreams Show. American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business. Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind. The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most. They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more.. American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included: Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work… Untitled_Artwork copy 4 MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness. It’s mission statement: In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges. Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

Does Your Business Need a Buy-Sell Agreement?

Does Your Business Need a Buy-Sell Agreement? What Is Buy-Sell Agreement? Buy-Sell Agreement, also known as a buyout agreement, give the company or other stockholders the option or obligation to purchase the interests of other owners under some specified circumstances called trigger events such as death, departure, or retirement, etc. There are two basic types…