“Rich people have small TVs and big libraries, and poor people have small libraries and big TVs;” a quote by Zig Ziglar, from a salesman and motivational speaker who speaks reality instead of ideas. How do we become ‘the better’ in this comparison? How do we become the one on the safe position rather than the one on edge? Let me give you valuable points to remember if you are someone planning to own or start a business, or even reach a potential budget or set goals in terms of budget. Merely saying this article points out the real considerations before leaping your investments.
In Paul Sullivan’s The Thin Green Line: The Money Secrets of the Super Wealthy, he discussed that money is used and exchanged undergoing these aspects for the person possessing it(money): Think About It, Save it, Spend it, Give it away, and Think about it again. It is an in-depth or close-up and logical analysis trickling our minds as to how we do not lose a bunch of money and gain more than ever. Similarly, Steve Kux of Lifehack website posted simple explanations to these cycle that Sullivan pointed out. Either it is for the purpose of increasing your income or savings, these things will be easy to dissect and apply into your money-saving-plan:
1. Make a plan.
Yes, you are thinking about your money, and yes, you need to plan if you want to keep it for a long time. Without following these tasks in your plan, you will lose track of your steps toward your money-goal, hence, end-up losing it all. On the contrary, if you make progress, let us say, on a daily basis, you check-out your plan or ‘time-table/scoreboard’ (plotted tasks daily, weekly, or monthly, according to what best fits your style) as to your accomplished tasks, then you can tap yourself and say, ‘good job!’ for actively and positively taking your tasks into its way to growing or saving your money.
2. Prioritize your actions.
Focus your energy on the ‘wildly important goals/tasks’ (WIGs according to Stephen Covey’s 4DX) and then give ample time, secondarily, to those which are slightly essential goals. You know, it is best to divert all the energy you got to where you earn and save more for your savings or income.
3. Try something new.
When we are secured with one thing that we invested in so much of our time and efforts, sometimes, if it gives us huge losses, we tend just to ignore it and proceed; But, what if, try something new would make it better than before, and make you win back your losses. Then, you can say that trying something different and unique does not waste your time nor lose more of your investments.
4. Say ‘No.’
Take only the necessary and helpful projects that will not stress you nor lose you from garnering other exciting opportunities. Learn the art of letting go of those unnecessary and build-up those where you can flourish.
5. Surround yourself with success.
Embody the essence of success within you, and it tends to, realistically lead you to it. They say that when you surround yourself with successful ones (if you wanted to be one), you tend to acquire or get influenced, and find more opportunities that will help you reach this goal of yours. This may also mean ‘connections.’
6. Be a leader.
Know that a leader has all the qualities of an effective and efficient follower and leader at the same time. Meaning, you must know both the mainstream and extreme sides of your project, task, or business that you are in. That even if you are put into a risky situation, you can handle the matter and find better solutions to resolve them.
Consequently, coming from EasyFinance Community, here are simple vital points to consider if you are pursuing your start-up business:
1. Budgeting
Check up on your savings or reserved money in your account. What is your target business or goal for this money of yours? Invest it? Spend it? Give it away? Make sure to act within the means you are capable. Knowing this fact, above all, save you from any more trouble in the future.
2. Target Market,
When we say ‘market’ we mean, your customers/buyers/clients, either they are within the vicinity or that your location is within their reach, this matters. Another critical thing to consider is the number of competitions within the area; if it is overwhelming, you may want to think about pursuing the business or switching it up into a better or distinct one. Your ultimate goal is to gather the people in the area as your number one (#1) business-advertisers through gossip or word-of-mouth; about how new or high quality or performance your business offers.
3. Aesthetics
The way you sell your business to the public, happens basically through its look or presentation. It is an enormous check to make sure that the services or business concept fits with how it is presented to the clients. Take into account the budget you would need a lot for this too. The point is, you want to make your customers identify you or your business from the rest.
4. Be proactive,
Prepare for what troubles or problems may come along your way. May it be in monitoring your inventory, influx of customers, business competitions, and the like, should be foresighted and planned out—always with Plan B or alternatives.
These cited points are important for any person having his or her endeavors or businesses. Neither it is time-consuming nor costly to invest more efforts in dealing with these points before resorting to initially starting your budding business.
Another take-away tip, if your live or planning on setting-up your business around California, you may want to visit https://oag.ca.gov/consumers/general/investing-financial-professionals, where the Attorney General’s page highlighted three (3) important points before in finding your professional financial adviser or before you would want to invest your savings. These points are: Ask questions before hiring a professional advisor or making investments; Beware of Fraud; and Some common investment scams. For the first point, I suggest you visit this law firm that has always been recorded to have a 99.9% performance rating from its clients, especially when it comes to monetary concerns. It is the Irvine Bankruptcy Law firm around 17875 Von Karman Avenue, Irvine California, 92614, Suite 150 & 250.You can view their website at https://kt-bankruptcylawyer.com/locations/irvine-bankruptcy-lawyer/. Either you drive to the firm or give them a call. They do effective and dignified performance for the benefit of their clients’ cause.
Hence, with all these essential points we gathered and summarized for you, what is important is that you keep yourself determined and on-track towards your ultimate goal. There will be a lot of struggles or painstakingly time-consuming moments where you would think of stopping your plan, but my friend, ‘do not stop.’ You are halfway there, and you see the fruits of your labor through how remarkably standing your financial stability or business is above all.
Hence, with all these essential points we gathered and summarized for you, what is important is that you keep yourself determined and on-track towards your ultimate goal. There will be a lot of struggles or painstakingly time-consuming moments where you would think of stopping your plan, but my friend, ‘do not stop.’ You are halfway there, and you see the fruits of your labor through how remarkably standing your financial stability or business is above all.
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