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Five Counterintuitive Ways to Trump a Tough Economy
Garrett B. Gunderson
Hard economic times provide excellent strategic opportunities for entrepreneurs who are willing to buck conventional wisdom. Here are five strategies to consider:
1. Spend More
Some great bargains are available now, for those who have the courage to nab them. Many assets are undervalued and can be acquired at discounted prices, be they inventory, fresh hires, office supplies or even real estate for future expansion. It is far more conducive to wealth creation to focus on increasing your production, rather than on slicing your expenses. Spend where your money will have the most impact...
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The Top 10 Distinctions for Fulfilling Your Dreams
Keith Cameron Smith
As I write this, it is October 2009. I am going to share something with you about 10-10-10. Your life can be measurably better by October 10, 2010 or 10-10-10.
Where do want to be a year from now? What do you want to have done? What is important to you? To help you gain some clarity with your answers to those questions, let me share a few thoughts from distinction 10 in my book The Top 10 Distinctions between Millionaires and the Middle Class, and something from distinction 10 in The Top 10 Distinctions between Winners and Whiners and something from distinction 10 in The Top 10 Distinctions between Dream Fulfillers and Dream Killers.
Distinction 10 in The Top 10 Distinctions between Millionaires and the Middle Class is:
Millionaires think long term, the middle class thinks short term.
In this distinction I break society down into five groups of people. They are the very poor, the poor, the middle class, the rich and the very rich. Each group of people thinks very differently about money. For example, very poor people think day to day, poor people think week to week, middle class people think month to month, rich people think year to year and very rich people think decade to decade...
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Net-WORK-ing Says It All
Andrea Nierenberg
I often say that the word networking is a misunderstood word. It means many things to all of us. I look at the word as three-pronged:
- Sometimes it is structured and strategic when you are going to an event, hosting a party or working with your downline and prospects at any group together.
- Often networking is serendipitous-you can connect with someone anywhere, anytime in life who could be someone interested in getting into your business and learning about the opportunity. Most of the great networking happens for me this way and I call it turning serendipitous accidents into unbelievable opportunities.
- It can be unconscious-we are engaging in the process of building relationships and alliances and we just do not call it networking-yet it is-the small world effect or a friend put me in touch with someone and then the following happened.
Networking is many things to all of us. We engage in the process to build and develop our teams and downlines and we have many...
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