Besides taking steps too increase your value, you must also increase the time you spend creating value to boost your income. If you are self-employed, then you are usually paid by the hour or by the job. So obviously, when you work longer hours and more days, your income will increase! Now you may be [...]
Are there certain rules and habits that lead to wealth? The answer is a definite yes. Wealth creation is a combination of rules and habits. Here’s the number one rule, if you want to be wealthy, its not how much money you earn, its not how many cars you drive, it is how much you [...]
For most of us, our primary source of income comes from active income. Active income is income you earn through working, through spending your time. So if you work for a day, you get paid for a day. You work for an hour; you get paid for an hour. You work for a month; you [...]
A good business is a business which you can more or less predict with confidence that over the long term, its going to increase its earnings, its profits every year. As a result, increase in shareholder value and hence the share price. In other words, the share price will go up not because of speculation [...]
Should we form business partnerships or should we just work alone? Here are some of examples of the positive and negatives of working with partners shedding some light on the topic of working with business partners. I think the biggest one edged sword or double edged sword about finding a partner is when for example [...]
There are some businesses that don’t do well. Why is it that over 90% of businesses fail? What’s the rationale behind it? The first major reason why most businesses fail is because most businesses are not started by entrepreneurs but by technicians thinking they are entrepreneurs. And this is quoted by this person called Michael [...]
A part about being wealthy is learning how to control and save your money. Notice that I use the word control before save. That’s because you can’t save your money unless you know where it’s going. In fact, most of the people, when I congratulate them on their promotion saying, “Wow, you know I heard [...]