👣 One small step every day
• 10 minutes of exercise is better than nothing
• 10 pages of reading is better than nothing
• 30 minutes of focused work is better than nothing
• It will start to add up.
🚶♂Just keep going and stay disciplined
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• 10 minutes of exercise is better than nothing
• 10 pages of reading is better than nothing
• 30 minutes of focused work is better than nothing
• It will start to add up.
🚶♂Just keep going and stay disciplined
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Financial mistakes that will ruin your business
90% of startups don't live to see their success: they decline within the first year of operation. This may be due to poor entrepreneurial intuition, or it may be due to an incorrect launch strategy or unreliable business partners.
But the most common cause of failure is mismanagement of finances:
1. Putting all your capital into a new project can cause you to lose everything at once. Do not play the game of wabank, it is too risky tactics for a novice businessman.
2. Refusing to do clear financial planning, you also risk losing your investment. Reconcile debits and credits and develop strategy options for different scenarios.
3. When you invest personal money to launch a business, that's ok. But when you withdraw profits to your personal account instead of reinvesting them, it's anti-practical in the first stages of project development.
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90% of startups don't live to see their success: they decline within the first year of operation. This may be due to poor entrepreneurial intuition, or it may be due to an incorrect launch strategy or unreliable business partners.
But the most common cause of failure is mismanagement of finances:
1. Putting all your capital into a new project can cause you to lose everything at once. Do not play the game of wabank, it is too risky tactics for a novice businessman.
2. Refusing to do clear financial planning, you also risk losing your investment. Reconcile debits and credits and develop strategy options for different scenarios.
3. When you invest personal money to launch a business, that's ok. But when you withdraw profits to your personal account instead of reinvesting them, it's anti-practical in the first stages of project development.
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7 Strategies to Increase Sales
📊 Conversion Analysis: Evaluate each stage of your sales funnel and identify where customer leakage or conversion problems occur. Develop plans to eliminate these problems and improve conversions.
💸 Cross-selling and upselling: Offer additional products or services to customers who have already made a purchase. Cross-selling and upselling help increase the average check and income from each transaction.
📝Loyalty programs: Create loyalty programs to encourage repeat purchases and attract new customers through referral systems or bonus programs.
👨🏻💻 Online Marketing: Use digital marketing tools such as content marketing, social media, PPC and email to attract new customers and keep in touch with current ones.
🤝 Partnerships: Establish partnerships with other companies or organizations that can help you attract new clients through mutual recommendations.
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📊 Conversion Analysis: Evaluate each stage of your sales funnel and identify where customer leakage or conversion problems occur. Develop plans to eliminate these problems and improve conversions.
💸 Cross-selling and upselling: Offer additional products or services to customers who have already made a purchase. Cross-selling and upselling help increase the average check and income from each transaction.
📝Loyalty programs: Create loyalty programs to encourage repeat purchases and attract new customers through referral systems or bonus programs.
👨🏻💻 Online Marketing: Use digital marketing tools such as content marketing, social media, PPC and email to attract new customers and keep in touch with current ones.
🤝 Partnerships: Establish partnerships with other companies or organizations that can help you attract new clients through mutual recommendations.
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The most important financial decisions in life:
1. The career you choose.
2. The skills you develop.
3. The person you marry.
4. The friends you keep.
5. The location you live.
Take your time and choose wisely.
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1. The career you choose.
2. The skills you develop.
3. The person you marry.
4. The friends you keep.
5. The location you live.
Take your time and choose wisely.
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💰Freedom from money, regardless of its quantity
For modern man this is a very difficult task, because we live in the material world and are closely connected with it.
People think that without a new car or several hundred thousand in their account they cannot be happy, but this is not so. If you're not happy now, you won't be happy after you buy your new car.
For a person to be happy, he needs a goal to which he will go and enjoy the process. And he must also realize the joy and fullness of life, regardless of material things. Until you do this, life will keep you in place, not giving you access to what you so desire.
And the sooner you understand this, the sooner you will get everything you want. Not because you can’t be happy without it, but precisely because you first became happy.
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For modern man this is a very difficult task, because we live in the material world and are closely connected with it.
People think that without a new car or several hundred thousand in their account they cannot be happy, but this is not so. If you're not happy now, you won't be happy after you buy your new car.
For a person to be happy, he needs a goal to which he will go and enjoy the process. And he must also realize the joy and fullness of life, regardless of material things. Until you do this, life will keep you in place, not giving you access to what you so desire.
And the sooner you understand this, the sooner you will get everything you want. Not because you can’t be happy without it, but precisely because you first became happy.
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You don't just wake up one day at the top.
You climb there, step by relentless step.
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You climb there, step by relentless step.
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🙎♂ Increase your self-esteem:
- Stop comparing yourself to others
- Learn to accept compliments
- Admire your strengths
- Track your achievements
- Play sports and go to the gym
- Always work on yourself
-Tell yourself something good every day
- Set goals and achieve them
❗️ And most importantly: Avoid those who try to undermine your faith in yourself
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- Stop comparing yourself to others
- Learn to accept compliments
- Admire your strengths
- Track your achievements
- Play sports and go to the gym
- Always work on yourself
-Tell yourself something good every day
- Set goals and achieve them
❗️ And most importantly: Avoid those who try to undermine your faith in yourself
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You lose when you wish to win.
You win when you choose to win.
This isn't some inspirational quote.
This is what separates winners and losers.
Wishing vs Choosing.
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You win when you choose to win.
This isn't some inspirational quote.
This is what separates winners and losers.
Wishing vs Choosing.
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Rule for life: Look at problems from all angles
Charlie Munger famously said:
“All I want to know is where I’m going to die so I’ll never go there.”
Sometimes the best way to solve a problem is to think of the actions that will guarantee failure—and then do the opposite.
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Charlie Munger famously said:
“All I want to know is where I’m going to die so I’ll never go there.”
Sometimes the best way to solve a problem is to think of the actions that will guarantee failure—and then do the opposite.
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🗣 AliExpress founder Jack Ma explains the business
1️⃣ “When you start a business, it means you give up a stable income, sick leave and annual bonuses”
2️⃣ “Competition is like a game of chess. If you lose, you can always play another round. No need to fight"
3️⃣ “A real entrepreneur has no enemies. Once you understand this, no one can stop you."
4️⃣ “The worst qualities for an entrepreneur: to be a snob, not to be able to adequately assess the situation, to take a high pace and not be able to maintain it, not to have the ability to look forward”
5️⃣ “If you don’t know everything about your competitors, or you underestimate them, or you don’t see them as a threat, then you will definitely lose”
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1️⃣ “When you start a business, it means you give up a stable income, sick leave and annual bonuses”
2️⃣ “Competition is like a game of chess. If you lose, you can always play another round. No need to fight"
3️⃣ “A real entrepreneur has no enemies. Once you understand this, no one can stop you."
4️⃣ “The worst qualities for an entrepreneur: to be a snob, not to be able to adequately assess the situation, to take a high pace and not be able to maintain it, not to have the ability to look forward”
5️⃣ “If you don’t know everything about your competitors, or you underestimate them, or you don’t see them as a threat, then you will definitely lose”
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Invest in stocks
Invest in real estate
Invest in your family
Invest in your health
Invest in your network
Invest in your business
Invest in your education
Invest in your well-being
Most importantly:
Invest consistently.
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Invest in real estate
Invest in your family
Invest in your health
Invest in your network
Invest in your business
Invest in your education
Invest in your well-being
Most importantly:
Invest consistently.
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You're a guy.
You've got a girl.
- Feminine
- Great with kids and animals
- Loyal
- Beautiful
- Caring
- Loving
- Driven
- Submissive
But...
Not not a big earner, not very good with money.
That means you're the sole provider.
Do you take it or leave it?
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You've got a girl.
- Feminine
- Great with kids and animals
- Loyal
- Beautiful
- Caring
- Loving
- Driven
- Submissive
But...
Not not a big earner, not very good with money.
That means you're the sole provider.
Do you take it or leave it?
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❌ There is no point in saving money without a clear goal
To effectively save money, you need to understand your goal.
The absence of a goal makes the process of accumulation empty, devoid of motivation and interest. To maintain direction, you need to determine why exactly you are accumulating funds🎯
🔵 And don't forget to reward yourself when you achieve your goal.
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To effectively save money, you need to understand your goal.
The absence of a goal makes the process of accumulation empty, devoid of motivation and interest. To maintain direction, you need to determine why exactly you are accumulating funds🎯
🔵 And don't forget to reward yourself when you achieve your goal.
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A wise parable about a wolf and a goat:
A wolf walks past a farm. There is a house on the farm, and a goat on the roof of the house. Seeing the wolf, the goat began to insult him.
The wolf calmly looked up at the goat and said:
- It’s not you who offend me, but your position...
A parable about how some low creatures, once in a high place, can afford to insult those who can tear them to pieces.
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A wolf walks past a farm. There is a house on the farm, and a goat on the roof of the house. Seeing the wolf, the goat began to insult him.
The wolf calmly looked up at the goat and said:
- It’s not you who offend me, but your position...
A parable about how some low creatures, once in a high place, can afford to insult those who can tear them to pieces.
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Choose your business partners carefully
Thoroughly research any potential project and the people you might be working with.
Before starting a project, get all agreements in writing. Clearly state the distribution of responsibilities and deadlines.
Write down all the details, even if you are friends or have already worked together. Don't rely on good relationships and mutual trust. New projects often do not develop as planned, and participants begin to react emotionally,
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Thoroughly research any potential project and the people you might be working with.
Before starting a project, get all agreements in writing. Clearly state the distribution of responsibilities and deadlines.
Write down all the details, even if you are friends or have already worked together. Don't rely on good relationships and mutual trust. New projects often do not develop as planned, and participants begin to react emotionally,
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Be consistent
In business, any agreements are highly valued, but those who do not violate them are valued even more.
If you promise to do something, then do it on time.
If it doesn’t work out, because there are all sorts of situations, then tell me right away and ask for more time.
Be honest .
And many begin to invent, lie and hide, just so as not to think badly of them, and this only makes things worse.
Understand that relationships built on trust give much more to both you and your partners.
Of course, this does not exclude the fact of disagreements and possible betrayals on the other side, but if you look for a catch everywhere, then how can you live?
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In business, any agreements are highly valued, but those who do not violate them are valued even more.
If you promise to do something, then do it on time.
If it doesn’t work out, because there are all sorts of situations, then tell me right away and ask for more time.
Be honest .
And many begin to invent, lie and hide, just so as not to think badly of them, and this only makes things worse.
Understand that relationships built on trust give much more to both you and your partners.
Of course, this does not exclude the fact of disagreements and possible betrayals on the other side, but if you look for a catch everywhere, then how can you live?
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You can only try so much until its like, whatever man it is what it is.
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Laziness - enemy or friend?
I used to, like everyone else, think that laziness only causes harm. But after some time I understand that this is not logical at all.
Well, judge for yourself. If a person were not too lazy to plow the land by hand, he would not have invented a shovel. I wanted to save time and voila, a new invention. The same is true with a car, ship, plane, etc.
Also laziness is our defense system. Protects against fatigue. But of course you need to know when to stop and use it correctly. If you lie there all day and refuse , then there is no need to hope for success and results!
Conclusion. If you are really tired, then rest. Love yourself. You're alone. This will even increase your efficiency. But don't overdo it and stick to your schedule! Otherwise it will only get worse!
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I used to, like everyone else, think that laziness only causes harm. But after some time I understand that this is not logical at all.
Well, judge for yourself. If a person were not too lazy to plow the land by hand, he would not have invented a shovel. I wanted to save time and voila, a new invention. The same is true with a car, ship, plane, etc.
Also laziness is our defense system. Protects against fatigue. But of course you need to know when to stop and use it correctly. If you lie there all day and refuse , then there is no need to hope for success and results!
Conclusion. If you are really tired, then rest. Love yourself. You're alone. This will even increase your efficiency. But don't overdo it and stick to your schedule! Otherwise it will only get worse!
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3 principles for developing a successful business by Jeff Bezos
“If you are dually flexible and persistent, if you work, nothing will stop you.”
1. Client's obsession
The success of a business depends on consistently meeting customer needs.
2. Thinking long term
Investments in the development and growth of the company in the future will bring significant benefits and sustainable success.
3. Willingness to experiment
Every failure is an opportunity for improvement and a lesson.
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“If you are dually flexible and persistent, if you work, nothing will stop you.”
1. Client's obsession
The success of a business depends on consistently meeting customer needs.
2. Thinking long term
Investments in the development and growth of the company in the future will bring significant benefits and sustainable success.
3. Willingness to experiment
Every failure is an opportunity for improvement and a lesson.
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