Saturday, 21 January 2012
Friday, 20 May 2011
Value On Every Cent Of Money You Have
The Rich does not consider any money to be small money; he places value on every penny. He knows that a cent in a hundred places is a dollar and a dollar in a hundred places is one hundred dollars. But the poor mind will always be dreaming of the big "break" and thinks nothing about little money that he makes. If you are into a business that depends on turnover, you will understand it. The profit margin per item you sell is 50 cents. A hundred of them sold will give you fifty dollars, so to remain in business; you will need to sell thousands of those products daily.
Then your attitude to money matters a lot. If your attitude is right, it would be easier for you to lay up wealth because in most case, prosperity comes in trickles, cents after another cent. But, if your attitude is wrong you will throw away your money without thinking and every cents you waste can never be made back there by reducing your chances to be rich.
Then it is important that you know how to bargain before buying anything. Do not pay for what you can get for free and don't buy without a bargain. Bargaining is not a sign of being poor because, even the rich buy at a bargain too. If you disregard small money you will certainly lose it.
Then your attitude to money matters a lot. If your attitude is right, it would be easier for you to lay up wealth because in most case, prosperity comes in trickles, cents after another cent. But, if your attitude is wrong you will throw away your money without thinking and every cents you waste can never be made back there by reducing your chances to be rich.
Then it is important that you know how to bargain before buying anything. Do not pay for what you can get for free and don't buy without a bargain. Bargaining is not a sign of being poor because, even the rich buy at a bargain too. If you disregard small money you will certainly lose it.
Guide To Financial Assurance For Entrepreneurs
A good Entrepreneur requires three Basic skills to make success. These are the Technical skill, People skill and Money skills. If, you can get by on the technical competence of those you employ and your business knowledge, you need to acquire sound money skills. Its important you know how to handle and manage money.
Nothing mitigate prosperity like poor money habits and you will be surprised that millions of entrepreneurs do not know how to handle money. Too many people are playing around with money and blame everyone and everything else for their poverty status, but themselves. The good news is that money skills like other skills can be learned.
Everyone is blessed with the ability to make money. When a man says " I have no money, he means that he does not have enough compared to what he needs. What differentiates the rich from the poor is not how much they have but their ability to use what they have no matter the amount, to make more money, manage the money well and multiply it.
You must cultivate some disciplines in order to become a millionaire. Hence what you become is more important than the money in your Bank Account. Those disciplines will revolve around the way you handle money; if you don't know it , it is in your own interest to learn it.
Nothing mitigate prosperity like poor money habits and you will be surprised that millions of entrepreneurs do not know how to handle money. Too many people are playing around with money and blame everyone and everything else for their poverty status, but themselves. The good news is that money skills like other skills can be learned.
Everyone is blessed with the ability to make money. When a man says " I have no money, he means that he does not have enough compared to what he needs. What differentiates the rich from the poor is not how much they have but their ability to use what they have no matter the amount, to make more money, manage the money well and multiply it.
You must cultivate some disciplines in order to become a millionaire. Hence what you become is more important than the money in your Bank Account. Those disciplines will revolve around the way you handle money; if you don't know it , it is in your own interest to learn it.
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