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What is a Business Opportunity

Every one wants to earn money in some way or the other for the following reasons :- To survive, Meet their requirements, Lead a comfortable life Enjoyment To be able to show an achievement Achieve their dreams Robert Kiyosaki, the world renowned financial educator, categorises and explains the four categories in which people are earning money in his book " The Cash Flow Quadrant". It has been discussed earlier in "Income generation methods" posted on Jun 22, 2009. A Business opportunity is an income generation method which can put you in "B" quadrant. Opportunity will only be seen by people who are actually sincerely looking for one and are ready to explore and research and are willing to come out of their comfort zone to put effort after having accepted an opportunity. In today's world with so advanced media, communication system and internet, many brainy people have created  "SYSTEMS" using "LEVERAGING PRINCIPLES"  wh...

Dreams, Goals, and Persistence

One day Alice came to a fork in the road and saw a Cheshire cat in a tree. 'Which road do I take?' she asked. 'Where do you want to go?' was his response. 'I don't know,' Alice answered. 'Then,' said the cat, 'it doesn't matter.Take any' Excerpt from Alice in Wonderland - Lewis Carroll  This small conversation tells us a great principle for success. Ironically most of us  face the same dilemma in our personal and professional lives. Our thinking is just like Alice. We are not clear where we want to go. We need to know where we want to go, ask directions from a knowledgeable person, make sure we are on the right path and put in our effort to move ahead overcoming all the hurdles and challenges.  If I am not clear of my destination then I must first identify my destination. This will require some effort and probing and we should ask question  "Where does this road lead?", "Do I like the where this road will le...

A Simple yet a Great Story

A mouse looked through the crack in the wall to see the farmer and his wife open a package. What food might this contain? The mouse wondered - - - he was devastated to discover it was a mousetrap. Retreating to the farmyard, the mouse proclaimed the warning: There is a mousetrap in the house! There is a mousetrap in the house! ' The chicken clucked and scratched, raised her head and said, 'Mr.Mouse, I can tell this is a grave concern to you, but it is of no consequence to me. I cannot be bothered by it. ' The mouse turned to the pig and told him, ' There is a mousetrap in the house! 'There is a mousetrap in the house! ' The pig sympathized, but said, I am so very sorry, Mr.Mouse, but there is nothing I can do about it but pray.Be assured you are in my prayers. ' The mouse turned to the cow and said ' There is a mousetrap in the house! There is a mousetrap in the house! ' The cow said, ' Wow, Mr. Mouse. I ' m sorry for you, but it ' s no ...

FINANCIAL DOCTORS

Sat, 19 sep 7:30 pm. I went to attend a seminar where I heard a leading orthopedic surgeon from Mumbai talking on how to improve our financial health. This is what he had to say:- If we are complaining about either time or money or both not letting us do what we want to do then it is a disease which needs a cure. Being specialist in knee problems if someone comes to my clinic, I can assume 3 things:- 1. The person has a knee that is why he could walk in 2. He has some problem in the knee to walk into a Knee specialist clinic 3. His knee problems can be cured if he is ready to listen and follow the instructions of the doctor Same applies in the financial health 1. A person has a life which is going on and he is living 2. He has some problems in his financial health for which he wants a cure and finds a financial doctor 3. His financial problems can be cured if he is ready to listen and follow the instructions of this financial doctor. Of course, in both the cases the r...

BALANCED LIFE

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Balancing Your Life There was this very ambitious and successful executive who was given the charge of setting up a project for his company. He was very busy and aspired for a raise on completion of the project. One day he fell sick. He was asked to get some medical investigations which he ignored because he thought he will waste time and the project will get delayed and he will miss out his promotions. Few weeks later his condition deteriorated and he had to undertake the investigations which revealed that he has a terminal decease which in few weeks has become irreversible and he had only 30 days to live. Suddenly the project and his ambition became insignificant. He resigned immediately and expressed his desire to spend the remaining days with his loved ones. What is the lesson ? How would we actually like to spend our time? What are our priorities ? What will make us happy ? Do we have a balanced life ? There are six major areas in our life … The 6 F FAMILY FITNESS FINANCE FRIENDS ...

Opportunity

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What is an opportunity ? Dictionary defines it as a. A favorable or advantageous circumstance or combination of circumstances. b. A favorable or suitable occasion or time. c. A chance for progress or advancement. Some Opportunity Quotations The meeting of preparation with opportunity generates the offspring we call luck.(Tony Robbins) Your big opportunity may be right where you are now. (Napoleon Hill) Opportunity often comes disguised in the form of misfortune, or temporary defeat. (Napoleon Hill) The ladder of success is best climbed by stepping on the rungs of opportunity.(Ayn Rand ) Ability is nothing without opportunity. (Napoleon Bonaparte) The more you seek security the less of it you have. But the more you seek opportunity, the more likely it is that you will achieve the security that you desire.(Brian Tracy) Sell a man a fish, he eats for a day, teach a man how to fish, you ruin a wonderful business opportunity. (Karl Marx) There is no security on this earth; there is only op...

Secrets of the Rich

...... Hi Friends, A person faces emotional challenges when he realises that he is not going to fulfill his dreams working on the path that he has chosen no matter how hard he tries. In my earlier post I had written that you must choose a path that can lead to your Dreams. Most of us realize it around the age of 40 or beyond that our dreams relating to Finances, Time for Family or even Fitness are not going to be fulfilled because we are working very hard for others dreams that we have no time left for Family or even a regular fitness routine. Wealth creation ? Forget it and, at that stage we are full of responsibilities towards the family and have so much of liabilities that we can not even dare to change the path with the kind of EQ that we have acquired. We continue with the RAT RACE. All legal and socially acceptable paths are good if it leads you to your dreams. It depends on what your dreams are. I have talked to many people and, in India, most of them dream of a Merc or a BMW, n...