WelfontJoeJohnson

Welfont  Joe Johnson , founder of Welfont and GoodField Foundation, is a seasoned entrepreneur who spends equal time on his business endeavors and philanthropic causes. He holds a Ph.D. in entrepreneurial leadership and authored the book, “The Science of Why Most Entrepreneurs Fail and Some Succeed. For entrepreneurs to achieve success, they need to understand, learn, apply, and improve the following leadership traits, which should be applied to the management of their business and teams they supervise:  Confidence : Self-belief is as important as any characteristic in the business world, especially when working with a team. By trusting personal abilities and those of individual members of the team, leaders can boost team and company morale.  Persistence : Not giving up following setbacks or failures has helped the most iconic entrepreneurs, such as Bill Gates and Steve Jobs.  Creative thinking : Problems naturally occur but great leaders see them as opportuniti...

Philanthropist Welfont Joe Johnson  from Goodfield Tampa chose to fund a microloan to Idalia Rosibel, a young worker in  El Salvador . Here is Idalia Rosibel’s Story When you are in El Salvador, you may come across a young woman named Idalia Rosibel, as she works hard and thus stands out from the crowd. For the past two years she has been working to improve the living conditions of her home. She also lives with her life partner who makes a living as a laborer. He offers the support that he can to help her with the household expenses. Now, she wants to invest in galvanized metal sheets, poles and pins to change the roof of her home so that she prevents rain from deteriorating their few belongings. For this reason she approached  Apoyo Integral  to get herself a loan. The loan will make it possible for her to carry out the home improvements that she hopes for. Her loan was approved and locally administered by Apoyo Integral. This is an organization that st...

Entrepreneur  Welfont Joe Johnson , PhD helped fund a microloan for Artemio Jose, a farmer from  Peru . Here is Artemio Jose’s Story                         In the district of Pomahuaca in Jaen, Cajamarca Province, Peru, you will find Artemio Jose. He is 30 years old, married and lives in his own home with two children ages six and four. Artemio has been growing coffee and has been successful at it for seven years. He wants to take out a loan to purchase more pesticides and fertilizers. This will improve his yield and the loan will also be able to help him purchase more labor for his harvest. He has previously had a loan of S/.1000 which he paid off on time. To ensure that he has been able to maintain his farm and grow his crop, Artemio Jose approached  Edpyme Alternativa  for a loan. The money that he receives would be used for agricultural tasks, the application and incorporation of phytosan...

The success of an organization hinges on various factors, one of which is maintaining a delicate balance between meeting the needs of the employees and achieving the goals of the organization. Organizational leadership is therefore a business tool that management should understand and practice as it addresses collective and business welfare. Everyone in the company, from the support staff to the technical group – is provided an environment wherein they are empowered and appreciated. Image source:  educationcareerarticles.com This concept is based on five components, namely: Leadership : Effective leadership, manifested through exceptional qualities of the leader and by example, motivates followers to perform under any circumstance. Ethics : Using moral principles to govern work behavior, activities, and decisions, reputation and productivity can be encouraged in the workplace as these encourage both impartiality and engagement. Communication : Communication is conside...

Dr. Joe Johnson ( Welfont Joe Johnson )  funded Perlita, a cosmetics saleswoman in the Philippines. Here is Perlita’s Story Perlita is one of the most enterprising women in the municipality of Larena in the Philippines. She has been selling cosmetics and other beauty products successfully in the area for a while now, and has been looking for ways to improve her situation so that she can enjoy even more good fortune. Her quest to make a better life for herself led her to the Paglaum Multi-Purpose Cooperative (PMPC), where she signed up as a member so that she could be eligible for a loan of 7,000 Philippine Pesos. Her aim was to use this money to purchase more cosmetics and beauty products for her business. Funding Partners PMPC is a cooperative that was founded over 20 years ago to help the people in the Philippine northwestern provinces of Mindanao and Visayas gain access to funds. These funds that would then help them to begin economic and livelihood activities t...

Welfont Joe Johnson , Ph.D. Entrepreneur. Investor. Startup Expert. Whether you’re bootstrapping, applying for loans, or seeking investors, getting a handle on your startup expenses is a necessity. Understanding the costs of starting a business can help you plan, save, budget, and forecast. Unfortunately, there are some costs that might surprise you. Setting aside funds for an emergency can help you to survive even when you’ve been blindsided by circumstances. The following costs are presented for your consideration and planning purposes – so you can make better-informed decisions and reduce your risks. Common Expenses for Startups Fees, Permits, and Licenses Investigate the costs required to operate under your chosen entity name, incorporate, and purchase or apply for any necessary industry licenses. Some of this can be accomplished online . Incorporation may require the assistance of a lawyer, which will, naturally, result in an additional expense. Currently, the ta...

Philanthropists  Joe Johnson , PhD from Goodfield Tampa fully funded a microloan for Lidia, a farmer from  Uganda . Here is Lidia’s Story When you are in the Kamwenge, Uganda community, there is a hardworking mother of three named Lidia who has been making a living as a goat farmer. Right now, she wants to raise some more capital so that she can purchase more goats and improve her income. She has faced a number of challenges, the main one being that the area she lives in experiences a number of droughts. This has affected the success of her goats and made it challenging for her to achieve her goals. Rather than giving up in this challenging situation, she has chosen instead to grow her business by investing more into it. This is why she is currently seeking a loan. She has chosen to connect with her local  Kiva  partner,  HOFOKAM , for a loan to help in getting funds to purchase more goats. Her loan has been successfully locally administered by HOFOKAM...

Whether it’s a change in a retail climate or perhaps a promising new venture,when real estate investors need to react swiftly, one of the best tools to consider is an IRS Section 170 Bargain Sale. Here’s a quick summary of a Bargain Sale: An owner offers a property to a qualifying nonprofit at a reduced sales price. The nonprofit accepts and pays cash at closing for the property. The seller additionally receives a tax deductible for the difference between the sales price and the Fair Market Value, usable for up to five years. Here are a few of the reasons an investor might want to consider a Bargain Sale: Tax Liabilities  –Much of the benefit comes from a large charitable contribution deduction to a seller with a corresponding tax liability. Philanthropy  — This statute was originally passed to enhance and encourage gifting. Quick Sale  — Often, a Bargain Sale will be completed much more quickly than a traditional transaction, primarily for the lack of a need to trad...

Joe Johnson , Ph.D., Entrepreneur, and Philanthropist funded a microloan to Antonio, a grocery store owner from  El Salvador . Here is Antonio’s Story In El Salvador, there is a 48-year-old family man, who has been with his life partner for many years. Together, they have two children that are 5 and 12 years old. Antonio started making a living when he was young by looking after animals on a farm, though he was motivated to grow from his. He chose to start a general store 15 years ago and he has never looked back. He knows that almost all of his income comes from the store and therefore he wants to get a loan to ensure that he can fully stock it and elevate his overall income. Antonio chose to reach out to  Credicampo  to get a loan to purchase bread and pastries, shampoo, detergent, milk, eggs, coffee, sugar, rice, beans, snacks and more. Once approved, his loan was locally administered by Credicampo. This is an organization that strives to improve the lives of...

Entrepreneur  Joe Johnson, PhD  from Goodfield Bradenton, chose to fund a microloan for Helen, a charcoal saleswoman from the Philippines. Here is Helen’s Story If you visit Calatrava, Negros Occidental in the Philippines,you may come across a married woman, who is also a mother of seven children. She works hard to support her family as she has four children who are in school while the other three are gone. She earns her income by buying and selling charcoal and she wants to expand her business. Her dream is to make and save enough money to help grow her business and send her children to college. She is looking to secure a loan to make all of this possible. For her loan, she chose to approach the  Negros Women for Tomorrow Foundation  so that she could build her business. Once she received the loan, she was able to purchase more charcoal, and now hopes that she will attain her dream of saving enough money to send her children to college. She had the loan ...

Motivated Philanthropist  Welfont Joe Johnson , PhD assisted to fund a microloan for Hermenegildo, a farmer from  Guatemala . Here is Hermenegildo’ s Story There is a little community called Chaquiya, which is in the heart of the district of Sololá in Guatemala. Here, you will find Herminegildo, a 37-year-old man who has a love for agriculture. This is the main way that he earns money, so that he can support and progress his family. He has been receiving loans from ADICLA over the years. Now, he is seeking a loan that will help him improve on his crop. His intention is to get the loan as soon as possible so that he can work on the soil and plant in the right season. He wants to purchase seeds and fertilizer for his carrot crop. With the profit he could make, his dream to support his children’s education can become a reality. He wanted to receive his next loan from  Association for the Holistic Development of the Basin of Lake Atitlàn (ADICLA)  yet again...

Entrepreneur  Dr. Joe Johnson   ( Welfont Joe Johnson ) helped fund a microloan for Santos Isabel, an entrepreneur from Peru. Here is Santos Isabel’s Story In the district of Pomahuaca in Jaen, Cajamarca Province, Peru, you will find Santos Isabel. He is 41 years old and currently in a common law marriage where he has children with his partner. He is a hard worker, and over time he has received a large number of personal and work references from the inhabitants in his area. For the most part, he is making a living in agriculture and farming cattle. He has been doing this for 12 years and is now looking for a loan to make improvements to his farm. To keep his farm going, Santos Isabel approached Edpyme Alternativa for a loan. The money that he receives would be used for agricultural tasks, the application and incorporation of phytosanitary products, fertilizers and the labor costs of his harvest. His loan was locally administered by Edpyme Alternativa, a non-go...