he four richest men in the U.S. — Jeff Bezos, Elon Musk, Bill Gates, and Mark Zuckerberg have the majority of their net-worth invested in companies they founded. In 2020 their total net-worth INCREASED by $229 billion. Some will ask if that is fair? Regardless of that answer, the better question is, why are you not studying their companies for potential investments?
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CHICAGO ONCE HAD THE COURAGE TO REBUILD In 1871, the citizens of Chicago used a devastating crisis that left 300 dead, destroyed over 17,000 buildings, covering 3.5 square miles, and caused damage of over $200 million (nearly $4 billion today) to rebuild a much greater city. A year before the great fire, Chicago was the fifth largest city in America. Just two decades after the fire, it was the second largest. ...
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Every successful individual regardless of the field, did so by outworking the competition.
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THE ONE PERSON YOU MOST WANT TO INVITE TO DINNER
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BUILDING WEALTH BY PAYING YOURSELF FIRST I am an engineer/geek and I never liked traditional budgets. Instead I save money and grow my wealth by ALWAYS PAYING MYSELF FIRST! I am my most important debit. BUDGETS – YAWN BUDGETS Raise your hand if you love budgeting at home or work. That’s what I thought! Budgets sound great in theory but how many people do you know who have stuck with their budget.In a world where majority of us ...
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https://www.theladders.com/career-advice/why-even-ambitious-people-rarely-become-successful When you’re committed to something, you will be and do what is required for the attainment of that thing. You’ll stop wondering and start building. You’ll stop being distracted and start learning. You’ll start connecting. You’ll start failing. You’ll get what you want, rather than have a long list of “ambitions.” You’ll have actual accomplishments that reflect your inner goals and values. Your external environment will reflect your deepest internal views and ...
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HAPPY NEW YEAR! I hope everyone enjoyed the holidays and were able to spend time with friends and family. How do we make 2019 a successful financial and investment year? You control the most important variable that determines 2019 and tomorrow’s success- YOU! What are you doing to achieve success in 2019? Did you write those boring New Year Eve promises that 63% of us, including myself, get an F grade on ...
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I fear failure and have sometimes avoided risk and MY OWN DREAMS. Imagine all the great things that would NOT have happened in the world if so many denied their dreams due to fear. Some of you have expressed your fears in starting to invest. People find change to be difficult and that makes us hesitate to take actions to reduce debt, build emergency savings, fund 401-K plans and ...
Read MorePlease click on below link to see a 60 second overview of this week's blog. Click backspace to return to the blog. https://biteable.com/watch/embed/leadership-1928968 LEADERSHIP on Biteable. When you consider buying a company’s stock, one of the key factors you MUST research, is company leadership, especially the Chief Executive Officer (CEO). The competency of the CEO and his direct reports is the difference between making money on stocks and eating peanut butter sandwiches ...
Read MoreClick on Today's Blog Quick Video Summary https://biteable.com/watch/embed/multiple-streams-of-income-1922859 MULTIPLE STREAMS OF INCOME on Biteable. Last week we discussed the criticality of finding good mentors. One of my favorite mentors taught me the value of this week’s topic- Multiple Streams of Income. My Uncle, a public school teacher in NC, {NC, my home state, pays educators well below national average.) through hard work developed the following multiple income streams: Teacher’s Salary; Cash From 31 ...
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