Invest in Yourself: Constantly seek knowledge, develop new skills, and invest in personal growth. Your education and self-improvement are the best investments you can make.
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10 Must-Read Books for Achieving Financial Freedom
1. Richer, Wiser, Happier by William Green
2. The Simple Path to Wealth by JL Collins
3. The Book on Rental Property Investing by Brandon Turner
4. The Millionaire Fastlane by MJ DeMarco
5. The Psychology of Money by Morgan Housel
6. The Entrepreneur Roller Coaster by Darren Hardy
7. Quit Like a Millionaire by Kristy Shen and Bryce Leung
8. The Intelligent Investor by Benjamin Graham
9. I Will Teach You to Be Rich by Ramit Sethi
10. The Bitcoin Standard by Saifedean Ammous
1. Richer, Wiser, Happier by William Green
2. The Simple Path to Wealth by JL Collins
3. The Book on Rental Property Investing by Brandon Turner
4. The Millionaire Fastlane by MJ DeMarco
5. The Psychology of Money by Morgan Housel
6. The Entrepreneur Roller Coaster by Darren Hardy
7. Quit Like a Millionaire by Kristy Shen and Bryce Leung
8. The Intelligent Investor by Benjamin Graham
9. I Will Teach You to Be Rich by Ramit Sethi
10. The Bitcoin Standard by Saifedean Ammous
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⏺ Always remember this:
🔵 Grapes need to be crushed to make wine.
🔵 Diamonds are formed under pressure.
🔵 Olives are pressed to release the oil.
🔵 Seeds grow in the dark.
Discomfort is your growth point.
©️ Mark Zuckerberg
🔵 Grapes need to be crushed to make wine.
🔵 Diamonds are formed under pressure.
🔵 Olives are pressed to release the oil.
🔵 Seeds grow in the dark.
Discomfort is your growth point.
©️ Mark Zuckerberg
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💡 15 Lessons From "THE PSYCHOLOGY OF MONEY"
1. Money is a tool.
2. Don't let your emotions control your spending.
3. Invest for the long term.
4. Don't try to time the market.
5. Diversify your investments.
6. Don't be afraid to take risks.
7. Pay yourself first.
8. Live below your means.
9. Don't compare yourself to others.
10. Be patient.
11. Be grateful.
12. Help others.
13. Be kind to yourself.
14. Never give up.
15. Money can't buy happiness.
1. Money is a tool.
It's not an end in itself.
2. Don't let your emotions control your spending.
Be mindful of the emotions that can drive you to overspend, and learn to control them.
3. Invest for the long term.
The stock market will go up and down in the short term, but over the long term, it goes up.
4. Don't try to time the market.
No one can predict the future, so don't try to guess when to buy and sell stocks.
5. Diversify your investments.
Don't put all your eggs in one basket. Spread your money across different asset classes to reduce your risk.
6. Don't be afraid to take risks.
But don't be reckless either.
7. Pay yourself first.
Make sure you save money for your future before you spend it on anything else.
8. Live below your means.
The less you spend, the more money you'll have to save and invest.
9. Don't compare yourself to others.
Everyone is on their own journey. Focus on your own financial goals and don't worry about what others have.
10. Be patient.
Building wealth takes time. Don't expect to get rich quick.
11. Be grateful.
Appreciate what you have, both in terms of your financial situation and in your life in general.
12. Help others.
One of the best ways to feel good about your money is to use it to help others.
13. Be kind to yourself.
Everyone makes mistakes. Don't beat yourself up if you make a financial mistake. Just learn from it and move on.
14. Never give up.
The road to financial independence is long and winding, but it's worth it. Keep working hard and never give up on your goals.
15. Money can't buy happiness.
But it can buy peace of mind and security.
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How to be charismatic: secrets of successful people.
Charisma is a skill that can be developed.
- Confidence : Believe in your strengths and decisions.
- Genuine interest : Show interest in others, listen to them and ask questions.
- Positivity : Stay optimistic and find the good even in difficult situations.
- Stories : Learn to tell engaging stories.
- Emotional Intelligence : Understand your own and others' emotions.
- Body language : Keep an open posture, smile, make eye contact.
- Energetic : Be full of energy and enthusiasm.
Develop these qualities and you will notice how your influence and attractiveness to others will increase.
Charisma is a skill that can be developed.
- Confidence : Believe in your strengths and decisions.
- Genuine interest : Show interest in others, listen to them and ask questions.
- Positivity : Stay optimistic and find the good even in difficult situations.
- Stories : Learn to tell engaging stories.
- Emotional Intelligence : Understand your own and others' emotions.
- Body language : Keep an open posture, smile, make eye contact.
- Energetic : Be full of energy and enthusiasm.
Develop these qualities and you will notice how your influence and attractiveness to others will increase.
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⚒ 5 practical tips for business during a crisis
Advice one: wind down your business.
📌 Do not confuse this advice with a call to leave the business. If the number of clients decreases, then it is logical to temporarily reduce production volumes. This will give you the opportunity to save on wages, raw materials, taxes, transportation costs and much more. And then - wait. As soon as demand goes up, you can start your business at full capacity again.
Tip two: save money.
📌 In a crisis, not only people, but also companies have to save. Calculate, perhaps moving to a cheaper office or reducing the mileage of company vehicles will allow you to survive the crisis more confidently. The main emphasis in saving should be placed on production. Remember that in times of crisis, when the wealth of buyers has fallen, price will always be in the first place when choosing from products of competing companies. Even at the expense of quality.
Tip three: get rid of unnecessary things.
📌 There are certain cost items in every company that during a crisis can be significantly reduced or abandoned altogether. Do not refuse advertising under any circumstances. Consider budget-friendly advertising methods. There are a lot of them. More than a hundred species. Test it. You will definitely find a better option for your company.
Tip four: defend yourself.
📌 The crisis carries many negative consequences and can present an unpleasant surprise at any time in the form of another collapse of the ruble, a sudden increase in prices or bankruptcy of the bank in which you are served. You can always protect yourself from such problems. Firstly, legally. For example, you can specify in a long-term contract price changes that depend on exchange rate differences if your company is heavily dependent on imports. Secondly, economically, by transferring the company's assets into reliable savings (foreign currency, securities and even precious metals).
Tip five: use the crisis.
📌 The financial crisis is an excellent platform for the growth of your company. In fact, it is during such periods that the market is redistributed. Right now you can create an excellent foundation in order to “shoot” after the end of the crisis, becoming a new leader in your industry. The main thing is not to miss the moment. In addition, you can use other moments of the crisis to your advantage, such as cheaper labor. In a crisis, you can often hire two of the same quality for the salary of one worker. Benefits can always be found.
Advice one: wind down your business.
📌 Do not confuse this advice with a call to leave the business. If the number of clients decreases, then it is logical to temporarily reduce production volumes. This will give you the opportunity to save on wages, raw materials, taxes, transportation costs and much more. And then - wait. As soon as demand goes up, you can start your business at full capacity again.
Tip two: save money.
📌 In a crisis, not only people, but also companies have to save. Calculate, perhaps moving to a cheaper office or reducing the mileage of company vehicles will allow you to survive the crisis more confidently. The main emphasis in saving should be placed on production. Remember that in times of crisis, when the wealth of buyers has fallen, price will always be in the first place when choosing from products of competing companies. Even at the expense of quality.
Tip three: get rid of unnecessary things.
📌 There are certain cost items in every company that during a crisis can be significantly reduced or abandoned altogether. Do not refuse advertising under any circumstances. Consider budget-friendly advertising methods. There are a lot of them. More than a hundred species. Test it. You will definitely find a better option for your company.
Tip four: defend yourself.
📌 The crisis carries many negative consequences and can present an unpleasant surprise at any time in the form of another collapse of the ruble, a sudden increase in prices or bankruptcy of the bank in which you are served. You can always protect yourself from such problems. Firstly, legally. For example, you can specify in a long-term contract price changes that depend on exchange rate differences if your company is heavily dependent on imports. Secondly, economically, by transferring the company's assets into reliable savings (foreign currency, securities and even precious metals).
Tip five: use the crisis.
📌 The financial crisis is an excellent platform for the growth of your company. In fact, it is during such periods that the market is redistributed. Right now you can create an excellent foundation in order to “shoot” after the end of the crisis, becoming a new leader in your industry. The main thing is not to miss the moment. In addition, you can use other moments of the crisis to your advantage, such as cheaper labor. In a crisis, you can often hire two of the same quality for the salary of one worker. Benefits can always be found.
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👝 Business idea for the suburbs: Ostrich farm
Content Features
📌Ostriches do not need special conditions. The main thing that is required for their comfortable existence is a spacious area.
Buying birds
📌 Acquiring a family is the most significant expense item. It will be cheaper to buy a hatching egg, a one-year-old ostrich or a chick.
Bird food
📌Ostriches eat grain crops and even grass. You can feed them barley, corn, wheat, beans, clover, cabbage, carrot leaves, spinach, etc.
Implementation of ostriches
📌Creating an ostrich farm as a business is carried out for various purposes. Some entrepreneurs want to breed breeding birds with further sale to breeders.
Content Features
📌Ostriches do not need special conditions. The main thing that is required for their comfortable existence is a spacious area.
Buying birds
📌 Acquiring a family is the most significant expense item. It will be cheaper to buy a hatching egg, a one-year-old ostrich or a chick.
Bird food
📌Ostriches eat grain crops and even grass. You can feed them barley, corn, wheat, beans, clover, cabbage, carrot leaves, spinach, etc.
Implementation of ostriches
📌Creating an ostrich farm as a business is carried out for various purposes. Some entrepreneurs want to breed breeding birds with further sale to breeders.
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