Tips to Increase Your Understanding of ANY Topic

Increasing your understanding of any topic can be the key to making creative decisions in your life. The most important factor is that you must feel that you understand it. It could even be the most important aspect of the topic and yet people will still ask you a question about it. In order to increase your understanding of any topic, you have to be able to think in that framework. There are two ways to think about any topic. You can use the formal method of thinking which is to formulate a question in your mind and work through the

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How to come up with a business idea

Ideas are the foundation of all successful businesses. If you can generate a good idea, you have taken your first step to growing a profitable business. – Idea generation techniques Before we start talking about how to generate new ideas for your business, it is important that we first fully understand what an idea really is: According to Wikipedia (http://en.wikipedia.org/wiki/Idea) , an “idea” is “something conceived for being thrown into execution or made known.” That’s not much help in terms of definition, but it does make clear that there are at least three things involved in any given idea: The conciever

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How to Make Money Online

“5 Passive Income Businesses You Can Start Today” If there’s a business model entrepreneurs should strive to succeed in, it should be those that generate passive income.Why? Because with passive income you’re literally earning money with minimal to no effort on your part. Sounds like a dream, right? Yes, it’s quite the dream life when you get to that point. But obviously getting there is not easy. Otherwise, everyone will be living off of their passive incomes and traveling around the world!So, how do you find the perfect business that will generate passive income for you?If this is something you’ve been

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Issues faced when our start up works for everyone but the founders

When Our Startup Works For Everyone But Us What the hell happened? We started out with big dreams of building our dream job, creating true financial independence, and just being able to do whatever we wanted on our own terms. That sounded great, right? Yet here were are, spending our days at everyone else’s behest. Our days and schedules are driven by the needs of staff, customers, and investors, all of whom mean well, but have essentially put our own goals and needs well into the back seat, and in some cases, forgotten about altogether We are not happy. And I’m

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Calculating the Cost of a Service

A friend of mine sent this to me. I changed it to web designer, it applies to all of us…  A CONVERSATION ABOUT PERCEIVED VALUE: A customer asked a me friend how much it would cost to do this project. I gave him a proposal: $4500 The customer responded: That’s seems really high. I asked: What do you think is a reasonable price for this job? The customer answered: $2500 maximum I responded:  Ok, then I invite you to do it yourself. The customer answered: I don’t know how to. I responded:  Alright, then how about for $2500 I’ll teach

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How entrepreneurial skills can equip young people facing the bleak prospect of unemployment

How Entrepreneurial Skills Can Equip Young People So how does an entrepreneur develop his or her entrepreneurial skills? Many times, I have been asked the same question by my consulting clients and executives. This question is important because it illustrates the kind of thinking that is typical among our business leaders. They believe that there are numerous measures and formulas that can be used to measure success and the like. However, I would say that such a belief is not correct. The true mindset is one that is open to risk, creative and innovative thinking and the ability to make difficult

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It’s Never Too Late or Early to Become an Entrepreneur

Never Too Late to Be an Entrepreneur If you have a goal in life that you want to reach, whether that is to be a millionaire or to achieve other great things in your life, then the answer to the question ‘is it’s never too late to be an entrepreneur?’ is going to be definitely yes. You can start right now and become an entrepreneur today. When you first sit down and start setting goals for your business, you may wonder how you are ever going to manage all of your goals and what will happen if you don’t achieve some

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Stressed about your business goals?

Today I’ve got something to share with those of you who have experienced stress and struggle towards your online business goals… Yesterday, my heart rate was between 180-191 beats per minute for over 40 mins of my 53 minute squash match (according to my fitness watch). I had more efficient foot work, hit a bit tighter and ran a little less distance than my interclub opponent. But I still lost. Despite so much work on my fitness and shot play, his superior fitness and patience won out. That’s just a small insight as to how hard it is for me to go up

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Why should an entrepreneur run toward fear?

Run Towards Fear Franklin Delano Roosevelt was quoted as saying, “…the only thing we have to fear is fear itself.” He said these words as a way of comforting a country devastated by a harsh depression. This was part of his inaugural speech for his first term.The meaning of Roosevelt’s statement was to face your fears and not be paralyzed by them. This was a key element in helping people cope during one of the country’s most desperate times. He later used his fireside chats on the radio to comfort people.Running towards your fears requires you to step outside your comfort

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