Trade your time diligently. Focus on Growth or Income Producing activities
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Wasting Vs Investing Time
Month: June 2020
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Good traits to follow in Business
Characteristics of a SMART person includes being prudent with spending, taking care of you health and sleeping well.
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Invest In Yourself
Invest in yourself by taking courses that will improve your hard skills. Follow websites that will add value to your life instead of wasting time on Social Media following gossip during active times of the day that can be spent growing your business.
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Laws of Money
Living to impress the Jones’s is not smart. Don’t go into debt for a car or other liabilities. Save and invest your money wisely.
Make hay while the sun shines. Don’t live a life full of regrets. It is better to start a business than to procrastinate. If you never start it, how can you tell if you would be successful?
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Active Income Vs Passive Income
Look for ideas that can generate money over and over again. Real estate is a good example. Licensing is another great way to leverage your time.
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SMART goals
Make sure your goals can be measured within a time period. Make sure you can align actions to your goals and that they are realistic. it is better to set a goal to make $1000 in one month than a generic goal like “I just want to make money in my Business”.
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Be a Doer, not thinker!!!
Be a doer not a thinker in life. Life waits for no-one. Little drops of water, make a mighty ocean. A journey of a thousand miles, starts with a single step.
Look for ways to generate several streams of income.
Part 1
- Your Financial success will be directly proportional to the size of the problem you are willing to solve for others.
- The major way to make money in business is to figure out what other people want/need and then solve the problem by providing those needs to the masses.
- The amount of value you deliver to your customers/clients is directly proportional to the amount you get paid.