Shelby - Take Control of Your Finances Today
Here you can read online Shelby - Take Control of Your Finances Today full text of the book (entire story) in english for free. Download pdf and epub, get meaning, cover and reviews about this ebook. year: 2013, publisher: Lulu.com, genre: Business. Description of the work, (preface) as well as reviews are available. Best literature library LitArk.com created for fans of good reading and offers a wide selection of genres:
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It is evident whenever an employee is offered a higher salary, more medical benefits and longer vacations, that their heart starts pumping faster. A higher salary doesnt mean less financial problems. On the contrary when your income goes up, your commitments, your tax bracket and your time spent in your company increases. The greater your salary, the weaker your position because if your boss is paying you a 5 figure income and calls for an emergency meeting, you had better rush over to the office even if you are halfway making love to your wife! I think the best definition of an employee/boss relationship can be summed up as this. An employee will only do the bare minimum to keep the boss from firing them and a boss will only pay the bare minimum to keep an employee from leaving. Now lets explore the other group.
There are many creative people, inventors, entrepreneurs, and business leaders who fall into this category. An entrepreneur is someone who always has good ideas. The first obstacle we need to overcome if we want to succeed in the second group is to stop working for money . What does this mean? Isnt making money part and parcel of having good financial IQ? What I mean by stop working for money is not working for free. Rather, it means work so as to gain the necessary skills you need to be a successful entrepreneur (or inventor, investor). Allow me to illustrate: If you lack the contacts for running a business, where would the best place be to look for contacts? Of course, your competitors customers.
How about product knowledge? Then work with a company that will teach you all the ins and outs of the tricks of the trade. Not familiar with the production line of a factory? Work in one! Learn the ropes or manage the factory workers. Fear of talking to people? Get a sales job where you will be forced to talk to lots of people. It is also a great way to develop perseverance! Dont you know that the best education you can get is in real life! Not at a lecture hall. The bottom-line is: not everybody has what it takes to succeed as an entrepreneur! It is not that easy. Many lack the perseverance, the creative mindset, the financial capabilities or the necessary people to get the job done and usually give up too early before any results can be seen! The fastest way to get those skills to succeed is to learn them hands on and you even get paid in the process! Dont get absorbed with how much you are paid.
When Donald Trump was selecting candidates in The Apprentice , their first task was to go to the streets and sell lemonade! Many would find it a degrading task. But to The Donald, it was very important: If you cant even do something as simple as sell lemonade, how on earth can you handle a daunting task like running the Trump Empire? Again, let me emphasize: Would you trade time for short term money? (Money stops coming in when you stop) Or Trade time and money for a long term asset that generates you income? (Even long after you have stopped) God created us with a brain. All we need to do is look around us and observe problems to overcome because every problem is an opportunity in disguise. It is all up to you. You may or may not see the results in the short term, but by using our brains and the resources around us, we can create true value that others are willing to pay for what we have to offer. 3 Ways of Making Money Let me summarize the 3 Ways of Making Money Trading Time For Money - employees, self-employed Manifesting & Using Creative Ideas - inventors, artists, programmers Leveraging on resources and other people - business people, leaders If you are a professional, have you ever explored writing an e-book about your field of expertise? If well written, it could provide a new income stream, instead of you selling out your time serving your clients.
How about a computer programmer? You can come out with your own revolutionary product instead of selling your ideas to the company you work for. How about real estate, instead of selling houses, you can pool financial sources to buy houses cheap, increase their value and sell them off at a higher price. It just takes a little time and research to find good ideas. Is money a problem? Seek out loans if you can take the risk. Pool money from many investors or seek a grant. The sky is the limit when it comes to making money.
Again, which way do you want to achieve wealth? Answer: it's totally up to you
A liability is anything that takes money out of your pocket no matter what they are worth in the future. Think in terms of cash flow. What can I invest in today that will give me funds tomorrow? Now lets move on to offensive strategies: Offensive Strategies One of the best, low-cost ways to invest in your business skills is to join a Network Marketing company. There are many other options such as starting a traditional business or maybe even an Online Business. But if you want to guarantee yourself something concrete where business skills are concern, my take is on Network Marketing . Regardless of what you have heard about this industry or how much money people have lost there, the biggest reason why I would recommend everyone to invest in a network marketing company is because of what you can learn there, and not because of how much money you can make (although it would be fantastic if you can make a living out of it).
You see, network marketing companies are the one place where people will share their trade secrets FREELY. It is logical because in order for your upline to succeed, they will want you to succeed as well! Therefore, they will not hold back in teaching you the skills of a business person. Furthermore, the relatively low cost of investing in a network marketing company will amaze you for what you can learn for the price you are paying (a few bottles of vitamins and a business kit for the experience of a lifetime!) They will patiently train you in the attitudes and business skills you need to succeed in this industry. Basically, you cant succeed in network marketing with an employees mindset. A network marketing company will train you in sales, communication, teamwork, leadership, positive thinking, self-improvement, time and money investment as well as the support of your upline as a personal coach and mentor . I dare say that even if you didnt make a cent, but diligently went through their program, the skills you develop will last a lifetime.
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