A strong business brings money and joy, a weak business brings problems and stress. A strong business has a good reputation, attracts customers, scares competitors. Weak business has a bad reputation, discourages customers, makes rivals laugh. Probably the most offensive is the fact that weak business makes competitors laugh. Continue reading
Studies show that out of 100 businessmen, only 4 become rich and save their money.
Most make money and lose it. To prevent this, follow the 12 rules:
Invest only in what you know.
This simple, quick, multi-word rule could prevent a quarter of the loss in the world of FINANCE. Continue reading
1. Reinvest profits
When you earn the first big money, you are tempted to spend it. Do not do that. Better put them in a business that seems profitable to you. I realized this early, while still in high school. My friend and I bought a used pinball machine and installed it at the hairdresser. We did not spend the money we received, as ordinary teenagers would do in our place, but began to buy other automata. By the age of 26, I already had $ 174,000, which is $ 1.4 million for modern money Continue reading