Starting a business is hard. Making your business a success is even harder. If you think that a brilliant idea coupled with a sound business plan is enough, think again. There will always be moments of uncertainties. Different challenges will arise on a daily basis like hiring the right people, branding, market positioning, customer care, money management and even personal fatigue.
Have you ever experienced being the best in a group? It is nice to have people look up to you. You feel good about yourself. It seems like you are on top of the world. That is until you are faced with a difficult challenge that is too much for you to handle. It is then that you realized that you have no one else to turn to. You have to come up with a solution to the the crisis on your own. You have to bear the responsibility for the whole group.
It all started with lechon manok (roasted chicken). Then, it was followed by shawarma, milk tea, donuts, cupcakes then frozen yogurts. These are just some of the food crazes that hit Manila by storm. A handful of people who invested in such crazes definitely cashed in some profits. Unfortunately, although there were a few gainers, there were more losers. Take shawarma for example, out of all those stores that proliferated in the country in the 80s, almost all already closed their businesses a long time ago.
Putting your money on a low interest savings account is not such a good idea especially if you have big financial goals such as buying a house, sending your kids to college or saving for retirement. The only way to get more money is to make your money work for you by investing it. Investments will generate more money for you in the future through interests and price appreciation. In other words, you invest to create wealth. Continue reading Why You Should Invest in the Stock Market
Can you remember what your dream was when you were young? Did you want to become a doctor, an engineer or a movie star? What are you doing right now? Are you doing your dream job or did you settle for a job that is more financially rewarding? Continue reading Dream Job vs High-Paying Job
Money has always been a top source of stress for most people. If not addressed, debt and worrying about money can lead to serious physical, emotional and even relationship problems.
How to solve money problems then? There are tons of financial advice that people probably already heard or read about. In fact, most of these advices are simply common sense yet one the greatest mysteries about life is that no one really follows them. It looks so easy to do but for most people, it is very difficult to follow. Continue reading Common Sense Financial Advice That People Don’t Follow
Water is essential in life. All living things need drinking water to survive. Aside from that, we also use water in many things such as cooking, taking a bath, washing our clothes and keeping our surroundings clean. It is hard to even imagine a day without water.
We are constantly dreaming and making wishes for what we want our future to be like but most of us procrastinate when it comes to actually writing down our plan for how to achieve our goals. We all know where we want to go but we don’t have a plan on how to get there. This causes us a lot of anxiety in our everyday lives. Continue reading How to Make S.M.A.R.T. Goals
Society has defined success as the attainment of wealth, status and fame. Do you agree with this definition? Using this definition, persons like a CEO of a company, a multi-millionaire, a head of state and a popular actor are all considered successful. But how about a housewife? A skilled carpenter? A public school teacher? Do you still consider these people successful? How about yourself? How do you see yourself? Do you qualify under society’s definition of a “successful” person?
You have been working very hard all your life. Yet, you found yourself in the same financial situation over and over again. Your income is barely enough to cover your basic needs. You are trapped in the rat race. You often wonder, what is it that you have been doing wrong? How come there are some people who are getting richer and richer by the day while you who had been working very hard is getting nowhere?
What do Bill Gates, Tiger Woods, the Venus sisters and the Beatles have in common aside from achieving greatness in their professions? Is it innate talent, passion for their chosen fields, luck or simply hard work?
You just bought a new red car over the weekend. On your way to work on Monday morning, you have noticed that suddenly there are so many red cars exactly the same as yours on the road. They were not there before! What happened? Just like you, did they decide to buy the exact same car as yours over the weekend? That’s unlikely. What happened is that your Reticular Activating System (RAS) has been activated. The cars have always been around you. It is just that you did not notice it before. Continue reading What Do You Focus On?