Invest in PPE from Vietnam Via Exclusive Opportunity with Peter J. Burns III

Veteran entrepreneur Peter J. Burns III is turning a unique relationship with the Vietnam-based HI-TEK company into an opportunity for investors to help ship Personal Protective Equipment (PPE) from Vietnam to the United States.

For four decades, Peter J. Burns III, now based in Southern California, has started up, expanded or partnered with more than 150 businesses all over the globe. The serial entrepreneur has worked with HI-TEK in a variety of business capacities in the past, especially in the travel industry.

“We’ve had a great, exclusive relationship with Thomas Johnson of HI-TEK, and this business opportunity with PPE is an extension of that,” Burns says.

Johnson is chairman and CEO of HI-TEK, a company he co-founded 25 years ago. He has actively provided technical guidance for online search technology, internet advertising, social networking, tracking and optimizing performance metrics, blockchain technology and e-commerce for the global travel and tourism market.

Recently, the HI-TEK software development team and their strategic global technology partners have produced numerous proprietary e-commerce and mobile travel booking applications that accept digital Travel tokens (HI-TEKCOIN) as a form of crypto payment.

HI-TEK and PPE

For decades, HI-TEK has been an authorized business partner with a unique relationship to the Vietnamese government. The company developed the first internet (.vn) domain registration platform in 2003, online travel booking engine in 2005, and secured visa registration software in 2018.

The company has been recognized by the Vietnam government for significant contributions to the country’s economy.

Working closely with the Vietnamese Ministry of Trade, HI-TEK has produced an online database of all Vietnamese businesses. That allows for direct access to major manufacturers, factories, and business owners.

HI-TEK has worked with the Vietnam government to create partnerships with PPE glove factories and to ensure reliable delivery of quality Nitrile glove products to clients worldwide.

Johnson’s company arranged a meeting between the Ministry of Trade and the top five glove manufacturers, and the result was production of extra PPE to support the high demand in the United States’ hospitals and medical clinics.

Vietnam, incidentally, has been a COVID-19 success story, having recorded relatively few cases and zero deaths, according to a BBC report.

HI-TEK and Peter J. Burns III

Peter J. Burns III is combining his exclusive relationship with HI-TEK and Burns Funding, his “customized-funding-solutions” company that offers primary credit lines, bridge loans and shelf corporations.

“This is an amazing opportunity that is available because of the relationship I have with Thomas Johnson,” Burns says. “HI-TEK has a direct pipeline to manufacturing in Vietnam. And Vietnam has been working for years to be an alternative to China. Vietnam also has better quality that China and is less expensive.”

Several VA hospitals in the United States and many doctors’ offices and nursing homes have already received these highly needed nitrile gloves. This is a unique opportunity to successfully invest in PPE while providing life-saving equipment to our frontline healthcare professionals.

For more information or to see if you’re qualified to acquire a loan from Burns Funding and participate in this Global PPE Distribution Network, go to burnsfunding.com or send an email here.

Amid the Coronavirus Economy, Peter J. Burns III Invests in Cannabis Church

Veteran entrepreneur Peter J. Burns III is moving forward with a major investment in Agora Temple, a religious institution that provides cannabis as a sacrament to parishioners. In an economy struggling to adjust to hardships presented by the COVID-19 pandemic, the investment is hailed as a bold and strategic move.

Agora Temple is a 501(C)(3) charitable organization based in the Melrose section of Los Angeles.

“Agora Temple will be the model for other places of worship as we expand in California and beyond,” says Peter J. Burns III, who is based in Southern California. “We not only have an exemplary leadership team at the existing location, but we also have the right people in place for expansion, especially from an operational, legal and regulatory standpoint.”

Peter J. Burns III will have a seat on the board of directors at Agora Temple. He says his company’s decision was bolstered by a plethora of legal decisions in the state that recognize that freedom of religion is protected by the First Amendment, which prohibits laws impeding the free exercise of religion among U.S. citizens.

The model is also supported by the fact that there’s a long, rich history of cannabis and religion dating back 7,000 years. And, that the Catholic Church has long used wine as a sacrament, even selling wine that has been “ordained” to its membership.

“The underlying mission of promoting spiritual growth by using cannabis as a sacrament must be ingrained in the Temple’s philosophy as well as its practice,” Burns says. “There are many existing religious institutions in California that have mishandled this. We are prepared to help them, as well as to establish new Temples.”

Burns adds that he is also impressed by the charitable mission of Agora Temple, which has been working with various charities in Southern California for more than a year. ‘We will enhance those efforts,” he says.

How Does a Cannabis Church Operate?

In California, and states all over the country, cannabis churches are becoming part of the landscape. People don’t technically pay for marijuana at these church services. Instead, they tithe (donate money) to the church in exchange for cannabis.

There are legal issues. But proponents argue that many people truly believe that cannabis has a history and a proper place in being delivered as sacrament. Members of cannabis churches believe they are involved in religious efforts that help them connect to a higher power.

And there are medical studies. Some research points to the benefits of cannabis for many maladies, such traumatic brain injuries and persistent anxiety. Other studies show a rise in cannabis use among all segments of the population. Taken together, it’s easy to conclude that in the not-so-distant future the use of cannabis will be widespread and legal in every state in the country.

Recognizing this, Peter J. Burns III has embarked on a crusade to reduce pain and suffering in the United States by making cannabis available as a sacrament.

This movement is not new. In California, there are dozens of independently owned cannabis churches. Peter J. Burns III’s goal is to create hundreds of these places of worship and reflection, in California and nationwide.

“This fits into my philosophy as an entrepreneur of doing well by doing good,” Burns says. “We are spreading peace, love, and a sense of togetherness by promoting the spiritual use of cannabis as sacrament.”

The beauty of a cannabis church services is that topics anyone can relate to are explored, including love, self-awareness and empathy. Everyone’s opinion and perspectives are respected, and no one is told what to believe. The idea is that everyone participating is given the opportunity to learn more about themselves by learning more about the experiences and contexts of others.

Agora Temple is funded through donations, or tithing. Some of these donations are presented in furtherance of charities. Other gifts are made in exchange for sacramental cannabis.

Agora accepts responsibility for being a spiritual oasis. It has embraced charity work and adheres to the regulations of being constructed as a non-profit, or 501(c)(3). These principles are critical to a long-term future, as well as an ability to ease pain and suffering for all Americans.

There are opportunities for investors to participate in this worthwhile cause. Even as the country embraces a new, post-coronavirus economy. For more information, reach out to Peter J. Burns III: (peterjburns3@gmail.com).

Peter J. Burns III

As COVID-19 Threatens Economy, Peter J. Burns III Says a Simple IRS Procedure Could Send Billions Back to Business Owners

While the coronavirus crisis is threatening to wipe out many businesses—and maybe even send the economy into a recession—entrepreneur Peter J. Burns III says there’s a widely underutilized method for increasing tax savings that could greatly boost stimulus efforts.

That method is known as cost segregation. It’s a 100-percent legal process guided by IRS methodology. The IRS publishes guidelines for a cost segregation study on its website.

“We’re looking at an unprecedented devaluation of companies and their properties,” says Peter J. Burns III, a serial entrepreneur who has spent the last 40-plus years helping create more than 150 companies in both conventional and nontraditional markets.

He says cost segregation is a way for companies to get money back in taxes that they’ve already overpaid. Burns believes this process is a quicker and more efficient way to stimulate the economy than relying on aid packages from the federal government.

“Even if companies have already paid their taxes this year, they can do amended returns and get back money they’ve already overspent,” Peter J. Burns III says. “This process is a much quicker way to try to avoid what is looking like an inevitable depression.”

What is Cost Segregation?

Cost segregation is a method of reclassifying components and improvements of commercial and residential real estate. Using Internal Revenue Service guidelines, cost segregation results in reduced tax liabilities and increased cash flow—for both owners and lessees.

To initiate cost segregation, a third-party-certified study identifies, values and separates depreciable personal property. A certified analyst will appraise non-structural items (things like carpet, wall coverings, etc.) and adjust the scheduled depreciation.

The result? Acceleration of depreciation can lead to huge tax savings in the early years of the life cycle of a real estate property. This allows a property owner to catch up on savings that result from the depreciation adjustment.

It’s relatively simple. Under standard, straight-line depreciation, the default tax life on a commercial building is 39 years. Cost segregation professionals seek to identify the multiple pieces of personal property that can be placed on shorter—five-, seven- or 15-year—depreciation terms.

According to studies commissioned by Peter J. Burns III, doing a third-party-certified study for cost segregation usually result in 6 percent of the value of a building coming back in tax benefits. In one study, an $8-million rental villa returned $625,000 to the owner after cost segregation.

Cost segregation is a 100-percent legal process guided by IRS methodology. IRS guidelines allow this technique to be applied to newly built and existing buildings. However, the building must have been placed in service after 1987.

The number of years owned by the current owner, prior renovations, and future renovation plans are some of the considerations used to determine whether a cost segregation study makes economic sense.

The technique has been widely used since 1997 as a result of two landmark tax court cases in which both Walgreens and Hospital Corp. of America prevailed against the IRS. Traditionally, engineering departments in Big Four CPA firms have used cost segregation with their large clients.

The modern application of cost segregation can be traced to those 1997 court cases—but it was Peter J. Burns III, who was serving as an adjunct faculty member at the Barrett Honor College at Arizona State University, who first tied the practice to other business ventures in 2005.

Cost Segregation is a Simple Process

It’s estimated there are 91 million buildings eligible for a cost segregation study. Yet, only five percent have undergone the process. According to Peter J. Burns III, that means there’s potentially as much as $500 billion on the table to help out struggling businesses.

That’s roughly equivalent to the stimulus plan approved by the federal government.

Cost segregation is actually a simple transaction. If you’d like to find out more about this innovative process that could help rescue American businesses, reach out to Peter J. Burns III, who can help match prospective donors with qualified cost segregation professionals.

Peter J. Burns III

Stay Sharp and Creative While in Self Quarantine, Says Peter J. Burns III

A positive outlook on life—despite the gloom and doom brought by the COVID-19 crisis—will always pay dividends, according to serial entrepreneur Peter J. Burns III.

He has a singular message that applies to your personal and professional lives: “Don’t whine about what is missing. Embrace what you have in front of you and just live your life. As the old saying goes about the calamity facing us now—this, too, shall pass.”

On the business front, Peter J. Burns III has kept moving forward during the coronavirus pandemic. He closed a significant transaction—acquisition of control of the board of the country’s first and best-run Cannabis Church.

The Agora Temple is located on Melrose Avenue in Los Angeles. This unique vertical is a religious institution that serves cannabis as a sacrament (more on this later). The church also is a significant force in bringing large charitable bequests to many underserved communities.

“Making a large investment in a completely new field appears counterintuitive to common sense, especially during one of the most fearsome economic downturns in America’s history,” Peter J. Burns III says. “But for me, it’s par for the course.”

On the personal side. Burns—who has had a hand in building 150 companies over an illustrious, 40-year career—says he’s using time during self-quarantine that’d he’d normally devote to finding new business ventures to enjoy his surroundings.

Based in Southern California, Peter J. Burns III is safely and responsibly—per social distancing guidelines—taking work-break walks in the gorgeous community of Del Mar. Before the coronavirus pandemic, he similarly discovered the beauty of La Jolla, Ocean Beach, Solana Beach, Encinitas and Cardiff-by-the-Sea.

“I’m lucky to live in an area that has extensive natural beauty and miles and mines of beach communities with amazing coastlines,” he says. “I’m really appreciating that right now.”

A Few Notes on the Cannabis Church

Cannabis churches are not new, but they are still in the fledgling stage. Agora Temple is a 501(C)(3) charitable organization based in the Melrose section of Los Angeles.

“Agora Temple will be the model for other places of worship as we expand in California and beyond,” Peter J. Burns III says. “We have an exemplary leadership team at the existing location, and we also have the right people in place for expansion, especially from an operational, legal and regulatory standpoint.”

Peter J. Burns III will have a seat on the board of directors at Agora Temple. He says his company’s decision was bolstered by a plethora of legal decisions in the state that recognize that freedom of religion is protected by the First Amendment, which prohibits laws impeding the free exercise of religion among U.S. citizens.

The model is also supported by the fact that there’s a long, rich history of cannabis and religion dating back 7,000 years. And, that the Catholic Church has long used wine as a sacrament, even selling wine that has been “ordained” to its membership.

“The underlying mission of promoting spiritual growth by using cannabis as a sacrament must be ingrained in the Temple’s philosophy as well as its practice,” Burns says. “There are many existing religious institutions in California that have mishandled this. We are prepared to help them, as well as to establish new Temples.”

Burns adds that he is also impressed by the charitable mission of Agora Temple, which has been working with various charities in Southern California for more than a year. ‘We will enhance those efforts,” he says.

Always Moving Forward

In good business climates, as well as the dismal one we are now in, Peter J. Burns III will continue to embrace what he has on his plate. Yes, this, too shall pass. And he’ll continue to create start-ups and look for savvy business partners.

There are always opportunities for investors—even as the country embraces a new, post-coronavirus economy. For more information, reach out to Peter J. Burns III: (peterjburns3@gmail.com).

Entrepreneur Peter J. Burns III Doesn’t Believe in Millennial Stereotypes

Despite the media stereotypes, serial entrepreneur Peter J. Burns III, has had plenty of success hiring millennials.

“I’m here to tell you that there really are exceptions to the way millennials are typecast,” the Southern California businessman says. “I’m a lifelong entrepreneur and I start new ventures faster than some people can put on their shoes. And I’ve found great hires who are young people.”

Over the last dozen years or more, Peter J. Burns III has been active in the “entrepreneurial education” space. He’s taught courses as an adjunct at the Barrett Honors College at Arizona State University. He moved that program to Grand Canyon University and started GCU’s first accredited College of Entrepreneurship.

Several years ago, Peter J. Burns III also had a stint as a Visiting Entrepreneurship Educator at two top universities in Ethiopia.

“The sheer brilliance and earnest enthusiasm of some of the young men and women I’ve taught represent some of the most satisfying times of my four-decade career in entrepreneurship,” Burns says.

After relocating from the East Coast to La Jolla, I started no less than five new ventures, he says, “and I’ve actively sought the help of millennials as my interns in each new venture.”

Yes, there have been some missteps along the way. The recruitment process has included some people who could have starred in this YouTube video that mocks millennials. Nonetheless, Burns says he’s gotten adept at “picking winners and placing bets on them.”

Debunking Millennial Stereotypes

Do people of any race, political group or country all act the same way? Nope. Think about it. History books and media stereotypes might have you believe that all young people in the 1950s were greasers, or every child of the ’60s was a hippie. It definitely wasn’t the case.

Not so long ago, Time Magazine published an article called Millennials The Me Me Me Generation. The basic claim in the article was that millennials were narcissistic. Part of the cause: parental adulation and an excess of participation trophies.

While partly true, isn’t there a segment of narcissists that makes up every generation? Yes. It’s also true that Baby Boomers were originally dubbed “The Me Generation.” Why? Narcissistic tendencies.

Debunking stereotype, Peter J. Burns III says not all millennials are entitled, hold progressive values, espouse socialism, are unsatisfied with their work, or are always switching jobs.

Peter J. Burns III with young entrepreneurs

Interviewing Millennials at Peter J. Burns III

“The millennial vertical may appear to be spoiled and entitled—but the truth is they never stood a chance,” Burns says. “Their parents sacrificed everything to give their millennial children the best education. And everybody fell for the falsehood that an expensive education ensured success in the business world.”

Burns says he found that the average educational debt of millennials he has interviewed was $50,000—and some young people he’s interviewed had $100,000 hanging over their heads as they entered the real world.

“Employers really don’t care where you went to school, what your GPA was or how many extracurricular activities you stacked your resume with,” Burns believes. “All the prospective employer wants to know is can you efficiently do the job offered—and do it for the benefit of the business.”

Burns says he looks for young people who didn’t have a lot of support getting to where they are.

“I prefer self-starters who worked during their school years and didn’t leech off their parents and go into spiraling student loan debt,” he says. “I absolutely love would-be entrepreneurs with the dream to ‘hire themselves.’ I’ll often do whatever I can to mentor them to do just that.”

The door is open at Peter J. Burns III. “I want to find would-be success stories out there, and I will give them a shot.”

Are you a millennial looking to connect? Reach out today on Burns’ main website.

How Harvard Business School’s OPM Program Helped Shape the Career of Peter J. Burns III

Peter J. Burns III is a serial entrepreneur who specializes in starting up niche market replicable business enterprises. An innovative businessman, he creates and implements many new concepts from the ground up. Critical to his success: Participation in the Harvard Business School’s Owner/President Management (OPM) program.

What is Harvard’s OPM program? It’s designed for business owners and founders who have at least 10 years of operating existence, serve as a chief executive or a C-level exec, and are actively involved in a business or hold a significant equity stake in one.

The Harvard curriculum helps entrepreneurs who are already building, leading and growing successful businesses focus on leadership and personal growth. It spurs individuals to develop a broader global perspective, gain a deeper understanding of operations and glean greater insight into operational excellence.

Celebrity students who have enrolled include actors Katie Holmes, Tyra Banks and Channing Tatum and rapper LL Cool J.

Peter J. Burns III was the perfect candidate—and to date was one of the youngest people accepted into this prestigious program.

The Harvard Background of Peter J. Burns III

Burns entered Harvard’s OPM program in 1986 at the age of 29. Yes, by that age he’d already had 10 years of experience running a successful company.

His official career as an entrepreneur started when he created a company that imported mopeds (motorized bicycles) to the United States from Europe. That was on Nantucket Island in 1977. At the time, it was one of the most successful recreational rental companies of its kind in the world.

The moped rental company had $3 million in annual sales—netting over half of that amount.

Burns wrote the business plan for that company while he was enrolled as a first-year student at the University of Virginia’s McIntire School of Commerce, while he was enrolled in a 4-year Army ROTC scholarship.

When Burns was selected from among worldwide applicants to be in the Harvard Business School’s OPM program, he recalls being 20-plus years younger than most of his classmates.

“I was classmates with such business giants as Peter Norton (Norton Antivirus,) the owners of the revered Donegal Mills Plantation and the fifth generation of the venerable Gieves & Hawks,” Burns says. “I was with the titans of the entrepreneurial world and was blessed to be among them as ‘The Kid’ of the bunch.”

Peter J. Burns III, Serial Entrepreneur

Since his college years, and early business success, serial entrepreneurship and the establishment of unique businesses has been a major part of Burn’s life. Over the span of four decades in business, Burns has started, operated, sold, and/or expanded more than 150 businesses.

Some of those businesses and operations include:

•Creation of the first “Dolphin Tour” business, using jet boats on guided tours through wild dolphin habitats (Water Tours 1995).

•Establishment of the first integrated media rich commercial email marketing business (Cybertising 2000).

•Inventing the “Insert-A-Zine” niche-publishing concept (NightLife Magazine! 2001).

•Pioneering the expanded market for Cost Segregation Studies, introducing a Patent Pending for unique applications (CSS 2008).

•Expanding to the massive commercialization of cost segregation (HL Cost Seg 2016).

•Co-founding the first financing organization for “Creatives,” i.e., singers, film producers, artists (FundingWagon.com, 2013).

• Founding Ethiopian Capital Partners as a bi-lateral platform of commerce between the U.S. and Ethiopia (Expatrepreneur.us 2013).

• Co-founding Luxury Travel Product Placement company that acquired empty time in luxury villas in exchange for luxury products and remarked to Closed User Groups at 40 percent less than the villa owner could rent out own villa. (HL Villas 2016).

• Co-founding Avia Travel Services by assembling a partnership with an expansive travel booking engine, joining it with an airline ticketing entity and creating a “one-stop-shop” for the corporate group and employee travel at significantly discounted rates. (Avia 2017).

And many more…

Opportunities with Peter J. Burns III

Growing up as a young entrepreneur, experiencing the ups and downs of starting businesses, and having decades of experience, Burns developed a passion for mentoring. He combined his passion for starting new enterprises with his affinity for offering guidance to aspiring and existing entrepreneurs by creating Burn$ Funding.

Burns$ Funding uses unique and innovative methods (involving the use of bridge loans and shelf corporations to repair credit and gain access to funding) to provide aspiring entrepreneurs and existing business owners with access to capital to fund their own business ventures.

Interested in hearing more about business opportunities? Check out the Peter J. Burns III website and read more about this Harvard trained and real-world-seasoned entrepreneur.