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Corporate Manslaughter Concentrates the Mind of the CEO Wonderfully
- Accident Investigation is responsible, effective and helps the bottom line.- “On the continent,” says Lorna Ramsay, Director of the TOP-SET® Investigation System, referring to Europe, there’s corporate manslaughter. The CEO can be put in jail if...
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There is one common problem that many self-employed people have, but they never do anything about, and that's taking time off. Recreational time is necessary for both your physical and mental health. If you let stress and exhaustion build up, the...
Sales Techniques for Artists, Crafters, and Small Merchants
Most merchants today seem to have the attitude that the customer
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The 7 Principles of Business Integrity
If you have integrity, nothing else matters.
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The Center of your Internet Business, You
As an Internet entrepreneur your ultimate goal is most certainly the success of your Internet business but statistics show that real money are made by a small percentage of the online businesses. An Internet business takes a great deal of time and...
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TEN REASONS WHY MOST PEOPLE DO NOT ACHIEVE FINANCIAL SUCCESS
Reason One: Lack of knowledge: or more specifically, a
lack of a desire to gain knowledge. Make the effort to read
to read about financial matters and you will learn. make
your money work for you by using the magic of compound
interest a t 7% interest per year your money doubles after
approximately 10 years and at 10 % interest after 7 years.
Remember the rule of 72. Divide the interest into 72 to
see how long it takes to double your money (or reduce it
because of inflation). So the sooner you get started the
better. Many people don't know where to go for unbiased
advise so they do nothing.
Reason Two: Failure to set plans. Did you know that only
5% of the population sets goals and only 2% have any form
of written goals? Their actions have a sense of purpose -
they are results oriented, they are motivated, they are
positive - they are life's winners. Where do you want to be i
n five years time? Without a plan it is easy to drift aimlessly,
and live from day to day. If you have set goals you will know
what you want to achieve. People fail to succeed because
they never plan to succeed. It is not that they plan to fail,
they fail to plan . So set your financial goals (targets).
Reason Three: Inefficient use of time and poor work habits.
Time is like money - you can spend it or invest it in building
a better you by self-development. When you waste you are
wasting yourself. Plan your day - what do you really want to
achieve today?
Reason Four: Lack of foresight. Achievers have an ability to
look beyond the immediate and into the future. Although
some may see your visions as dreams do not forget that
you have to have a dream to make a dream come true.
Unless you are fortunate enough to be left a legacy, the only
money you will ever have working for you is that what you
save from current income and invest. People with vision
can multiply their income by investing in growth investments.
Work for your money then make your money work for you.
Reason Five: The need to conform. Dare to be different
which is why the majority of people are not successful. Don't
be afraid take calculated risks. Remember the people who
make big money are the ones who do the opposite of what
everyone else does - sell when everyone else buys and vice
versa.
Reason Six: Poor debt management through excessive
borrowing. Lack of discipline through poor spending habits
and having no budget. Borrowing for things that loose value,
so that with interest payments you pay much more the
article than it cost initially. (Especially new cars, furniture
etc.)
Reason Seven: Lack of desire as a result of a poor attitude
to acquiring wealth. Bad mental attitude has caused more
personal problems than any thing else. What we expect to
happen usually does. Successful people are optimists while
unsuccessful people have a pessimistic attitude . Block out
negative thoughts and stereotypes and mix with successful,
positive people.
Reason Eight: Inadequate protection against unforeseen
events. It may be the loss of a home due to natural disaster
or the death or disablement of the bread winner. Adequate
protection (insurance) against these events is vital to financial
success. Not being properly covered has financially wiped
out many potentially successful people.
Reason Nine: Lack of discipline. Most people find it difficult
to save because they save - buy -save -buy, while others
simply buy. It is easier to say yes than no. Those who lack
discipline to say "no" will find financial success an impossible
achievement. The "must have it now" mentality - buy now
what your can't afford by charging it up in the hope that
you can pay for it later. Most people are easily led by
advertising and the easy availability of credit.
Reason Ten: Procrastination (big word, hey!). Many people
put off a savings programme until it is too late. Young
people have a wonderful opportunity and advantage because
they have time on their side.
The reasons people give for not starting a savings programme
are varied and many are genuine. They also vary according
to age. In their twenties they are just getting started in life
with a first job and want to enjoy themselves by spending
on cars, stereos etc. In their thirties they have a young
family and a mortgage to support and no money. In there
forties they say things are tough with kids to put through
university and unexpected medical expenses.................
and in their fifties it is already too late with no time left to
accumulate capital through the magic of compound interest.
A CONVENIENT TIME NEVER COMES.
IT IS ALREADY LATER THAN YOU THINK.
Hope this information has been helpful to you.
About the Author
Craig Lock
Money information on how to make the most of your money
by better managing your finances + books on financial success
are available at
http://www.nzenterprise.com/money/
and
http://www.bridgeniche.com/CLOCK/zaniestbooks.htm
Money Management Course
http://www.nzenterprise.com/manage/welcome.html
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