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What is money

Money is an essential part of our lives and it plays a major role in how we live and how we can pursue our dreams. But what exactly is money? Money is a medium of exchange that allows us to purchase goods and services. It can also be used as a store of value or as a unit of account.

In order to get money, there are several ways depending on your needs. You can work for it, invest in stocks or businesses, or even borrow from banks or other financial institutions. However, the most important thing to remember is that you should always spend your money wisely and save for future use as well.

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🏆 4 tips to reach your goals

1️⃣ Ignore criticism
There is no useful criticism, no matter who says what. The assessment of another person, even an authoritative one, is only a subjective opinion. No one appreciates your work better than you.

2️⃣ Do what makes you happy
Make sure that your favorite work brings money at least for food, but do not stop thinking about how to increase your professional level and income.

3️⃣ Think
If you constantly think in the right direction, then new thoughts will surely appear, and then you yourself will be surprised that you walked side by side for so long and could not think of it. And everything is simple - a modern person very, very rarely consciously uses his brain.

4️⃣ Do not change direction at the first setbacks
Some time after the start of any activity, the main charge of enthusiasm ends, and it will certainly seem to you that the chosen niche is not the most profitable. Just keep moving on.

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💡4 tips on how to solve problems

1. Focus on the solution, not the problem.⠀

Neuroscientists have proven that the brain cannot find a solution if you are fixated on a problem. This is because when you focus on a problem, you are essentially feeding "negativity" which in turn activates negative emotions in your mind. niya.⠀
You should not "ignore the difficulty" - instead, try and keep calm. This helps to first recognize the problem, and then switch to finding a solution instead of whining about "what went wrong" and "who is to blame."

2. Be objective.⠀

Try and consider all "possible solutions" - even if, at first glance, they seem ridiculous. In order to launch creative thinking, which can suggest possible solutions, it is important not to give up a single idea right away.⠀
Any idea is good, it encourages creative thinking during brainstorming and other problem solving techniques. Whatever you do, don't make fun of "stupid decisions", as often delusional ideas suggest more effective options.⠀

3. Judge the problem impartially.⠀

Try not to perceive the problem as something terrible! If you think, what is the problem? This is just a reaction to the current situation. The problem tells you that something is not working at the moment, and that you need to find a new solution. Therefore, try to solve problems impartially, without any evaluation. If you fixate on the label "problem", it can cause negative thoughts and prevent the sudden emergence of possible solutions.⠀

4. Think abstractly.⠀

Change the "direction" of your thoughts, with the help of abstract thinking. Concentrate on the statement: "By digging the same hole deeper, you cannot dig a hole in another place." Try to change your approach and look at things in a new way. You can try to look at your goals from a completely opposite point of view.⠀


@Business_Library

15 ways to be the best at what you do

1. Today be better than yesterday.
2. Do what inspires you.
3. Pay 10% attention to the problem that is in front of you, and 90% to its solution.
4. Do your job at the highest level.
5. Praise others, especially when others need praise.
6. Practice your craft daily to become a virtuoso.
7. Work hard, don't make excuses.
8. Learn to get up quickly after falls.
9. Keep the promises you made to others and yourself.
10. Show nobility, especially in difficult times.
11. Always strive to exceed expectations.
12. Daily take time to restore physical and mental strength.
13. Make your home comfort the foundation of your success.
14. Play sports like a professional athlete.
15. Inspire others to be better than they were yesterday.


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"𝐓𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐏𝐚𝐬𝐬𝐢𝐯𝐞 𝐈𝐧𝐜𝐨𝐦𝐞"

1. Mindset Shift

The book emphasizes changing your mindset from trading time for money to creating income streams that work for you.

2. Types of Passive Income

It explores various passive income sources, including real estate investments, dividend stocks, royalties, and online businesses.

3. Diversification

The importance of diversifying your passive income streams to minimize risks and ensure a stable financial future.

4. Initial Effort

Building passive income requires significant effort upfront, whether it's researching investments or setting up an online business.

5. Leverage

Utilizing other people's time, money, and resources can accelerate the growth of your passive income streams.

6. Continuous Learning

Staying informed about market trends and investment strategies is crucial for adapting and optimizing your passive income over time.

7. Real Estate

The book likely discusses how real estate can be a powerful vehicle for passive income, generating rental cash flow and potential appreciation.

8. Dividend Investing

Exploring the benefits of investing in dividend-paying stocks and the potential for compounding returns.

9. Creating Systems

Designing automated systems for your online businesses or investments is key to reducing your active involvement while maintaining income flow.

10. Long-Term Vision

Building passive income is a long-term endeavour. Patience and discipline are necessary as results may take time to materialize.


@Business_Library

10 Lessons from the book
"HOW TO GROW YOUR SMALL BUSINESS" 📚
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1. Entrepreneurship is not for the faint of heart. It takes grit, determination, and a willingness to fail over and over again before you finally succeed.

2. Your customers are the lifeblood of your business. Without them, you have nothing. So, always make sure you're delivering value and exceeding their expectations.

3. Don't try to be everything to everyone. Instead, focus on your niche and become the go-to expert in that area.

4. Hiring the right people is critical to the success of your business. Look for individuals who share your values and have the skills and experience you need to take your business to the next level.

5. Invest in your own education and development. The more you learn, the more you'll be able to grow your business.

6. Keep an eye on your finances. Always have a solid understanding of your cash flow and expenses, and be prepared to make adjustments as needed.

7. Marketing is key to growing your business. Make sure you have a solid marketing plan in place and that you're tracking your results so you can make informed decisions about where to invest your resources.

8. Never stop innovating. Always be on the lookout for ways to improve your products and services, and stay ahead of the competition.

9. Building a successful business takes time, patience, and hard work. Don't give up when things get tough. Keep pushing forward, and you'll eventually achieve the success you're looking for.

10. Remember that your business exists to serve your customers, not the other way around. Keep their needs and desires at the forefront of everything you do, and you'll be well on your way to building a thriving business.

@Business_Library

THE 20 MAIN DIFFERENCES BETWEEN WINNERS AND LOSERS. Which side are you on?
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📍1. Winners focus on the solution.
Losers focus on the problem.

📍2. Winners take responsibility.
Losers blame others.

📍3. Winners find opportunity crisis.
The losers complain about the crisis.

📍4. Winners enjoy the present and learn from the past.
Losers live in the past.

📍5. Winners make a decision and stick to it no matter what.
Losers promise but never deliver.

📍6. Winners think about how they can achieve this.
Losers ask for forgiveness.

📍7. Winners Emphasize personal development.
Losers neglect personal development.

📍8. Winners face their fear and embrace it, jump over it and move on.
Losers live in their own fears.

📍9. Winners are constantly expanding their comfort zone.
Losers stay in their comfort zone.

📍10. Winners are constantly on the move.
Losers refrain from action, they lack consistency.

📍11. Winners learn from their failures.
Losers fear failure and shun it no matter what.

📍12. Winners try different strategies when they don't get the results they wanted.
Losers do the same thing over and over again expecting different results.

📍13. Winners set goals.
Losers lack purpose.

📍14. The winners are planning.
Losers don't like to have plans.

📍15. Winners believe there are always things to learn.
Losers consider themselves experts, yet they know little.

📍16. Winners are humble.
Losers are selfish.

📍17. Winners continue to hone their skills every day without concessions.
Losers create little effort by honing their abilities.

📍18. Winners work hard.
Losers avoid work.

📍19. Winners give their all to the goals they decide to achieve.
The losers do everything halfway.

📍20. Winners make good use of their time and indulge in activities that will lead them to achieve their goals.
Losers lack time management, indulge in activities like playing games, watching endless replays.

@Business_Library

15 lessons from the book "Mind Full to Mindful: Zen Wisdom From a Monk's Bowl" by Om Swami:

1. The moment you realize that you are not your thoughts, you become free.

2. The present moment is the only reality. It’s the only place where life unfolds.

3. When the mind is full of thoughts, it loses its clarity. When it is mindful, it regains its clarity.

4. Don’t seek happiness outside yourself. It lies within, waiting to be discovered.

5. The mind is like a wild horse, running in all directions. Meditation is the art of taming this horse.

6. Be grateful for everything in life, big or small. Gratitude opens the doors to abundance.

7. Letting go is not about giving up; it’s about surrendering to what is and finding peace within.

8. Silence is not the absence of sound, but the presence of inner stillness.

9. In the silence of the mind, you can hear the whispers of your soul.

10. Be kind to yourself and others. Kindness is the language of love.

11. True freedom lies in breaking free from the limitations of the mind.

12. Don't dwell in the past or worry about the future. Find your peace in the present moment.

13. Life is a journey of self-discovery. The more you explore within, the more you understand the world.

14. Embrace the impermanence of life. It teaches you to cherish each moment.

15. The true essence of mindfulness is being fully present and engaged in whatever you are doing.

@Business_Library

Change your environment👥

An important thing for achieving success is the environment. People who are nearby. What can you achieve if you are surrounded by friends without ambitions, goals, and bad habits?

“Your environment either pulls you up or pushes you deeper into the ground” is one of my favorite quotes on this topic.

If you are surrounded by such people, move away from them. Yes, at first it will be difficult and lonely, but over time the people you need will appear in your life, who will have common interests and goals with you.

It will be difficult to say goodbye to your old environment, but getting rid of bad people is an integral part of success, which will make life better in the long run!

@Business_Library

Do These to Get Rid of Negative Thoughts and to Improve Your Self-confidence.

1. Take a walk, every day. Listen to your own body.

2. Clean your room. Declutter your mental space by getting rid of all that unnecessary stuff.

3. Groom yourself. Dress clean and neat. Understand what suits your body and dress accordingly.

4. Smile, even now. Trick your brain into thinking that you are happy by smiling often.

5. Instead of asking “why did this happen?”, ask “what can I do now or what can I learn from this?”

6. Whenever you are feeling down, take a few slow and deep breaths, and ponder.

7. Jot down a list of things you like about yourself.

8. Have good role models. Think about what qualities you admire in people, and start incorporating them in your life, one step at a time.

9. Meditate. The simplest way is to start focusing on your breath. And if nothing works, send good vibes to someone you like. Imagine them being happy, and the mind shifts.

10. Learn to say No to people. Always understand, you cannot please everyone in life.

11. Keep your word always. If you say you will do something, remember it, and do it.

12. Be punctual, no matter what the event is.

13. Have goals, whatever they may be. Start working towards something, maybe saving some money for a trip you have always wanted to go on.

14. Fake it till you make it. No one is perfect but you can become what assume yourself to be.

@Business_Library

10 QUOTES TO MOTIVATE YOU TODAY 💡

1. “Let obstacles be stepping stones to something greater”.

2. “You are the only one who can define your success”.

3. “A thousand miles is just a thousand one miles. The trick is to look at one mile at a time”.

4. “Don’t compare your journey with anybody else’s. You walk different paths”.

5. “Ten years later, you would wish you had started today”.

6. “Don’t compare yourself to another. This is your life, it’s about you, not them”.

7. “If there is no road, carve it yourself”.

8. “It’s just priority. What you prioritize is what will thrive”.

9. “What you are searching for is searching for you”.

10. “There will always be haters but their opinion aren’t more important or more accurate".

@Business_Library