There are differences between how men and women manage their business, their employees, and their finances. What are these differences and does it matter? Do you really think that I am brave enough (or foolish enough) to write an article with a topic like this?! Maybe for another day. If you like what you just […]
Finances
Do These 6 Things Differently than Others if You Want to Get Ahead Financially
Do you ever wonder what the difference is between those who get ahead and those who are constantly struggling? There is a pattern of actions that are taken repeatedly by those who get ahead, while the opposite is true of those who struggle. Action #1: Delayed Gratification The financial impact of delaying gratification for future […]
An Alternative to Setting Goals
Setting goals can become very frustrating and produce anxiety when we realize that they aren’t being achieved. Should you set goals that are very likely to happen or goals that are very difficult to reach? What if you miss your goal by a minor amount or the outcome was good, but not what you expected? […]
Are Traditional, Low-Tech Ways of Handling Your Finances Better than Modern Ways?
Electronic banking, ATM and credit cards, leasing, online shopping, installment plans and subscriptions, and anything else electronic is the way to handle your personal finances nowadays, but is this better? In some ways yes, but many ways not so much. Transactions are too easy to make nowadays, which causes us to be more impulsive. It’s […]
Are You Too Financially Cautious?
Is it possible to be too financially cautious? Cautious does not mean that you are just conservative or frugal with your money, but that you are too afraid to spend your money wisely. You may not even be aware that you are too cautious and here are some examples: Hesitate to make the right investments: […]
5 Traps to Avoid When Growing Your Business Rapidly
Growing your business, especially growing rapidly, can be a really great accomplishment, but there are dangers when growing too quickly. Here are several traps to avoid to ensure successful growth: Cash flow: Quite often, a small business will have cash flow issues when growing too rapidly. This is due to a delay of getting paid, […]
An Observation Regarding Money Worries
There are a few things that I noticed over the years that seem to contradict each other regarding money worries. There seems to be a link between being charitable, concerns over saving too much, and stress about money. Charitable giving: some people make a lot of money and give little to nothing to charity, especially […]
How to Resolve Conflicts with Less Stress
Conflicts are inevitable and happen in all aspects of your life, including disputes with your customers, disputes as a customer, with family, neighbors, and in any situation. However, there are ways of minimizing conflicts and to also resolve them fairly and quickly. Here’s how: Resolve at the lowest level: A perfect example is when a […]
How and Why to Strengthen Your Personal Finances to Increase Profits
Most people view their business to be a completely separate entity from their personal finances, and rightly so. This is generally true from a legal, tax, and accounting standpoint, whereas your business operations and finances should be separated from you personally. However, most small business owners are completely dependent upon their business to support them, […]
What is the Best Type of Business to Own?
What’s the best type of business to own? One that makes money of course, but let’s dig a little deeper . . . Simple: The more complex a business is then the harder it is to operate. For example, if your business requires the talents of very technical people, then this complicates the delivery of […]