In The Papers: NYTimes A Judge’s Assault on Immigration

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President Obama in Oval Office Photo Credit: White House

District Court ruling on Deferred Action for Parents of Americans & Lawful Permanent Residents & Deferred Action for Childhood Arrivals. A Preliminary Injuction was issued delaying the February 18th start to the programs that would give 4 million immigrants, parents of American citizens, work permits and three-year deferred deportation DAPA and also expand the original DACA program.

The Department of Justice will appeal the injunction. Keep in mind the Court’s order does not in any way affect existing DACA. You may still request the initial grant of DACA or renewal pursuant to original guidelines.

Read NY Times Editorial

7 Rituals You Should Steal from Extremely Creative People

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Do you need a new way to reach your daily goals?  Perhaps you should read this article from Marc and Angel Hack Life site to get some ideas on what rituals extremely creative people practice in order to reach their goals.  You may stumble across an idea that you need to incorporate into your daily routine that can help you become highly effective.

Monday Motivation!

Fashion Friday Business Tips: Fashion Law Agreements

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Clutch my Pearls! Let's discuss Fashion Law Contracts 🙂

The last thing you want to discuss on a Friday is a contract, clutch your pearls!  But, business is an everyday occurrence, so nevermind that it’s Friday, read and learn.  Here are just a few contracts that are relevant to your fashion business, that you may or may not have known about:

-The Trademark License Agreement, being able to reach the stage where you are licensing your trademark is a great accomplishment.  Some things to keep in mind, this is not an exhaustive list:
*The financial soundness of the licensee            
*Ability of the licensee to pay royalties/types of royalties
*Experience the licensee has in product category
*Will License be Exclusive or Non-Exclusive
*Term is typically three years six months
*Distribution Channels that will be used
*Due Diligence (thorough research on the parties involved) is a must on the parts of both licensee and licensor

-License Agency Agreement, agents can assist both licensor and licensee in obtaining licenses.  These agreements can be exclusive, meaning agent is paid whether or not it brought the deal to the client, or non-exclusive.  Agents can be paid a percentage of royalties by the brand owner or a percentage of net sales by the licensee. 

-Factoring Agreement, financing your business with a factor.  This is where you obtain financing based on your accounts receivables.  The factor advances you a percentage of the recievable.  The fees and expenses required by factors should be reasonable. Resist imposition of minimum factoring fees on a monthly basis if for example the nature of your business is seasonal.  That means less rwcwivable if you are a seasonal business and you don’t want to be on the hook for such monthly fees. Small businesses should focus on an annual minimum fee.  Entering into a one year term under this agreement may suit your business.

This concludes this episode of Fashion Friday Business Tips!  Don’t want you to fall asleep, next week we will take on a new topic. If you have a question, please don’t hesitate to ask!

Cheers to the weekend and to your successful business!

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Loretta Lynch Nominated Will Be First Black Woman Attorney General

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Loretta Lynch To Be Nominated As Next U.S. Attorney General http://n.pr/1vWsRSH

Loretta Lynch is currently the United States Attorney for the Eastern District of New York. She has been nominated to be the Attorney General of the United States. When confirmed she will be the first Black Woman to hold this position.   Through organizations like Association of Black Women Attorneys and the Metropolitan Black Bar Association and the boards that sacrifice their time to run them, attorneys alike are able to meet and be inspired by someone like Loretta Lynch and others.  Grateful to have had such an opportunity!

Be Inspied. Be Motivated.

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Clarence Mitchell Papers, The Lion In The Lobby

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July 2nd marked the 50th Anniversary of the Civil Rights Act of 1964. While watching Here & Now hosted by Sandra Bookman (admire her) Professor Denton Watson discussed his book called Lion in the Lobby. The book is about Clarence Mitchell, Jr. and it gives an up close account of what he did for the Civil Rights Movement on the inside. I think more often then not we hear about the marches and boycotts, which were quite vital to the movement but very rare do we hear about what was going on in the halls of Congress, talking to Congressmen and getting them to agree to such acts. He was quite instrumental in the passage of civil rights laws.

Read more here about the book and the work the author has done on this subject. We have the same opportunity as Martin Luther King, Jr., Rosa Parks, Clarence Mitchell, Jr. and the countless others that worked foe civil rights to do similar work at the grassroots level or in the halls of Congress in an effort to support and push through legislation that furthers equality of all. You would think it would be easier today to do just that, it seems even harder to work together to get anything done in Congress, bipartisanship is lacking as observed in this article Kind of ironic when you think about…

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10 Questions That Create Success | Inc.com

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<a href="http://www.inc.com/geoffrey-james/10-questions-that-create-success.html“>10 Questions That Create Success

This article is on point! Sometimes we get caught up in thinking that the amount of money we make or have equals success. To go even further, in the age of social media we measure it by how many likes we get, friends or followers we have…this can be especially true in a big city like NY where everyone is on a daily grind.   Don’t get caught up in the hype.  The measurement of Success goes beyond paper and the like!

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