F 1 Investing in Real Estate
“An acre in Middlesex is better than a principality in Utopia.” – Thomas Babington Macaulay (Lord Bacon, 1837) Last week, we talked about wealth building in terms of “five secrets”: Secret #1. Get to work an hour early. Secret #2. Practice a financially valuable skill devoted to profitable endeavor.…
READ MOREWealth Building Secret #4: Invest In What You Know
“The first man to fence in a piece of land, saying ‘This is mine,’ and who found people simple enough to believe him, was the real founder of civil society.” – Jean-Jacques Rousseau (Discourse on the Origin and Bases of Inequality Among Men, 1754) Yesterday, I explained my approach to…
READ MOREChoose Investments That Keep Risks Low And Profits High
“Be not penny-wise: riches have wings, and sometimes they fly away of themselves; sometimes they must be set flying to bring in more.” – Francis Bacon (Essays, 1625) If you get up early and make good use of your time, you will have a higher-than-average income. If you commit to…
READ MOREChoose investments that keep your risks low and your profits high
If you get up early and make good use of your time, you will have a higher-than-average income. If you commit to saving a significant portion of that extra income and check your net worth every month, your net worth will grow quickly. How quickly depends on three things…
READ MOREWealth Building Secret #2: Earn More Than You Spend
“I didn’t want to be rich, I just wanted enough to get the couch reupholstered.” – Kate (Mrs. Zero) Mostel If you continue to get up early and read Early to Rise your income will climb. How do I know that? Because the world is starved for ambitious, hardworking, and…
READ MOREThe Seven Mandatory Rules Of Advertising Design
DG frequently points out that when you are running a middle-to large-sized business, you often forget that the newer employees may not know many of the basic rules that make the business work. He puts it this way: “When its just you and a handful of trusted colleagues, everyone understands…
READ MOREWhy Do New Managers Fail?
According to a report I read somewhere, four out of 10 new managers fail in their first year. The primary reason, the report said, is that they are not able to build a good support system. That corresponds to my own experience. When you take over a new job, you…
READ MOREBecome a Marketing Genius By Asking Flattering Questions
“Mountains of gold would not seduce some men, yet flattery would break them down.” – Henry Ward Beecher (Proverbs From Plymouth Pulpit, 1887) There is a businessman I know, SP, who is considered by some to be occasionally bombastic, if not arrogant. And even from my braggadocian perspective, he sometimes…
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Five Secrets of Wealth Building
You can acquire a multimillion-dollar net worth by doing just five things that promote wealth building throughout your life and work.
READ MOREHow To Get Wealthy As An Employee
“You can have your titular recognition. I’ll take the money and power.” – Helen Gulrey Brown It’s too often said — and I’ve been guilty of contributing to this myth — that the only way to make a lot of money is to go into business for yourself.While it’s true…
READ MOREF 3 Real Estate
“Without courage, all other virtues lose their meaning.” – Winston Churchill Buying and selling fixer-uppers may be the best-known way of making money in real estate. The no-money-down real-estate gurus tend to focus on this area because the numbers can look very good, especially when you get into low-income housing.…
READ MOREHow To Work From Anywhere In The World, Part 2
“Go into the street, and give one man a lecture on morality, and another a shilling, and see which will respect you most.” – Samuel Johnson (quoted in Boswell’s Life of Samuel Johnson, July 20, 1763) If you have the kind of job that allows you to do most of…
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