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Casual Articles - Investing Psychology
What does every business want? Does every business want to increase sales, reduce taxes, and create a better cash flow? Or is that only what successful businesses want?I'll tell you what every business do want. CASH, CASH, CASH!!!! It doesn't matter if the business is doing well or struggling. They both have something in commo
We all live in our own little world. What we see in front of us is pretty much all we believe there is. In the world of medical billing, this can be a nightmare waiting to happen when it comes to doctor files. Why? Well, there are quite a few reasons. We're going to cover some basic things you will need to know about your doctor
Busy working or being financially productive!
Once upon a time a very strong woodcutter asked for a job in a timber mill, and he got it. The pay was really good and so were the work conditions. For that reason, the woodcutter was determined to do his best. His boss gave him an axe and showed him the area where he was supposed to work. The first week, the woodcutter cut down 18 trees. "Congratulations," the boss said. "Continue going that way!"
Very motivated to hear the boss' words, the woodcutter tried harder the next week, but he only could bring 15 trees. The third week he tried even harder, but he can only cut down 10 trees. Week after week he was cutting down less and less trees.
"I must be losing my strength", the woodcutter thought. He went to the boss and apologized, saying that he could not understand what was going on. "When was the last time you took time out to sharpen your axe?" the wise boss asked.
"Sharpen my axe? I had no time to sharpen my axe. I have been too busy trying to cut trees..."
The next week after learning this valuable lesson from his boss the woodcutter went and did a joint venture with a chainsaw company and was able to broker a deal with the timber mill where he made a percentage of the increased profit as a result of any productivity increases. Armed with his new education and strategies he was able to cut down 180 trees a week and retired in just 7 months.
In life we go to work on auto-pilot, year after year. We then become so institutionalised that we lose our faculty of thinking, become a warehouse of facts and retire broke. All because we simply never sharpened our financial minds and exploited cash flow opportunities that were present all along. Thankfully, the woodcutter story had a magical happy ending. The Latin phrase known to most Stock Market Traders is "Carpe Diem." It mean
Strong leaders understand that to successfully lead others they must first be able to successfully lead their own lives. Being the leader of your life takes the following: self-awareness, humility, maturity, self-confidence, and objectivity. It also takes the ability to receive criticism from others and accept that you may not alw
Very motivated to hear the boss' words, the woodcutter tried harder the next week, but he only could bring 15 trees. The third week he tried even harder, but he can only cut down 10 trees. Week after week he was cutting down less and less trees.
"I must be losing my strength", the woodcutter thought. He went to the boss and apologized, saying that he could not understand what was going on. "When was the last time you took time out to sharpen your axe?" the wise boss asked.
"Sharpen my axe? I had no time to sharpen my axe. I have been too busy trying to cut trees..."
The next week after learning this valuable lesson from his boss the woodcutter went and did a joint venture with a chainsaw company and was able to broker a deal with the timber mill where he made a percentage of the increased profit as a result of any productivity increases. Armed with his new education and strategies he was able to cut down 180 trees a week and retired in just 7 months.
In life we go to work on auto-pilot, year after year. We then become so institutionalised that we lose our faculty of thinking, become a warehouse of facts and retire broke. All because we simply never sharpened our financial minds and exploited cash flow opportunities that were present all along. Thankfully, the woodcutter story had a magical happy ending. The Latin phrase known to most Stock Market Traders is "Carpe Diem." It mea
As the price of modern technology continues to fall, aspiring designers are finding it increasingly possible to produce small quantities or even individually designed printed T-shirts.A T-shirt design business can be a part-time venture for an additional source of income. It can also be a full-time career where you’re in charg
"I must be losing my strength", the woodcutter thought. He went to the boss and apologized, saying that he could not understand what was going on. "When was the last time you took time out to sharpen your axe?" the wise boss asked.
"Sharpen my axe? I had no time to sharpen my axe. I have been too busy trying to cut trees..."
The next week after learning this valuable lesson from his boss the woodcutter went and did a joint venture with a chainsaw company and was able to broker a deal with the timber mill where he made a percentage of the increased profit as a result of any productivity increases. Armed with his new education and strategies he was able to cut down 180 trees a week and retired in just 7 months.
In life we go to work on auto-pilot, year after year. We then become so institutionalised that we lose our faculty of thinking, become a warehouse of facts and retire broke. All because we simply never sharpened our financial minds and exploited cash flow opportunities that were present all along. Thankfully, the woodcutter story had a magical happy ending. The Latin phrase known to most Stock Market Traders is "Carpe Diem." It mea
Go on Google or Yahoo and type in "make money" and see what kind of ads that show up on the paid listing section on the search page. There will be ads saying something like "make thousands a day!" or "you can make $50,000 your first month my way!". Before you click on those ads, think about the all the possibilities if you were abl
In life we go to work on auto-pilot, year after year. We then become so institutionalised that we lose our faculty of thinking, become a warehouse of facts and retire broke. All because we simply never sharpened our financial minds and exploited cash flow opportunities that were present all along. Thankfully, the woodcutter story had a magical happy ending. The Latin phrase known to most Stock Market Traders is "Carpe Diem." It mea
In order to make sure that you business is running smoothly, you have to keep good financial records. This is one of the issues with which businesses are most concerned because they want to make sure that they are turning a profit and at the same time paying the appropriate taxes to the government. When a business files an income tax
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