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Increasing Profits

Sit Back, Relax, and Watch The Money Roll In (Finish)

Passive income. Ah, those two magical words that sound so sweet, and yet are so hard to achieve… Passive income is everyone’s dream scenario. We are free to pursue our life’s passions – whether that is traveling the world, pursuing a hobby, or spending time with our family – while money continues to roll in [...]

Income 101: A Blueprint to Maximizing How Much You Make (Finish)

(Picture Here) The “80-20 Rule” And How It Applies to Making More Money Hundreds of years ago, an ancient Italian economist had an idea. Throughout his life he had observed that 80% of the land in Italy was owned by 20% of the people. One day, as he was gardening, he noticed something else: 80% [...]

How To Profit From The Greatness Of Others

I was recently watching a Warren Buffett interview, and one quote really stuck out: Ok, maybe Buffett is being a little too modest, but he makes a good point. Talent cannot succeed without resources, so if we don’t have the talent, we can make a really good living by investing in those who can do [...]

Harsh Realities Of Business

Sexy Businesses Aren’t Actually That Sexy Five years ago, a small social network called Facebook started to gain a lot of traction. Around the same time, MySpace was sold to News Corporation for nearly $600 million. All of a sudden, lots of entrepreneurs and investors were pouring their time and money into social networking. After [...]

Ways To Increase Your Powers Of Persuasion

Reciprocation. People have a natural sense of “fairness” – if I receive something from someone, I should repay them in some capacity. This makes it harder for people to say “no” to a request after they have already received something of value. For example, the American Disabled Veterans organization sends out mailers asking for donations. [...]

How To Save Lots of $$$ Without Changing Your Lifestyle

Focus on the Big Wins One the main themes in Ramit Sethi’s popular blog “I Will Teach You To Be Rich” is the idea that you should focus on the big wins. In personal finance, that means that you’ll save the most money by cutting back on a few big expenses rather than trying to [...]

The Secret To Maximizing Your True Net Worth

It’s so easy to get comfortable in life. We start out all excited about our relationships and careers. We’re willing to work hard to learn about the other person and develop our skills. Fast forward five years. We’re set in our ways. Somewhere along the journey, we stopped learning and growing. How do you fight this [...]

How To Build A Great Network

It’s great to meet people, especially successful ones who can help you. But meeting them isn’t enough…your goal should be to build a long-lasting relationship. That’s when you’ll really start getting some value out of your network. Here are several things you can do to increase your chances of networking success:

Do What You Love, And Get Paid To Do It

When I was in college, I had one goal: make a lot of money. Then, after I was rich, I could do what I really wanted to do. Throughout high school and college, I kept asking myself that question: what is my reason for being here…and I could never come up with a definite answer. [...]

Make More Money By Segmenting Your Customers

Several years ago I was talking to a Senior Vice President at a major bank. This guy had been in the business for 30 years and was one of the more successful professionals I’ve worked with; he made a lot of money yet never seemed overworked. When I asked him how it did it, he [...]