Millionaire Acts

Everyone thinks of a perfect business. A business with no loss. A business where income continuously flows. But is there really such a perfect business? For me, I think there’s no perfect business. We can see a lot of huge businesses but even the most admired and established one can be like a building that can one day collapse. This is what happened lately to one of the largest securities firm Lehman Brothers. Nevertheless, I gathered some ideas to at least minimize the possibility

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Ok, you may now be thinking of choosing what business to start. There are a lot of business ideas in your mind. They are all thoughts. Which one of them will materialize? In choosing what business you should start, ponder the following tips: Go back to your past – This simply asking yourself what business were you involved in the past? Did you sell ice candy when you were a kid? Then perhaps you can open a part time business selling ice candies in your home with your neighbors as

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In Robert Kiyosaki’s Cashflow Quadrant, one way to escape the rat race is to become a big business owner. And before you can make it big, you have to start from small. Take note that being an employee, you are not making yourself rich but your employer. So are you planning to establish your own business? Are you willing to take that risk? Before jumping into that conclusion, here are some of the advantages and disadvantages of having a business: ADVANTAGES: You are your own boss. You

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Ok, as I have mentioned earlier, you need to invest to fight inflation. But before you invest, you need to evaluate your investment to which you will put your hard earned money. You need some investment valuation. And this can be done by evaluating three important concepts: RETURN, RISK and LIQUIDITY. RETURN is simply the efficiency of your investment and it’s time-bounded. In finance, this is more commonly known as ROI or Return of Investment. You hear the common terms ‘ROI in 1

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We all have been hearing this famous saying that “Time is Gold”. Yes, Time is Money. In the office, when you were late, you will be deducted a portion of your salary. Time is Money. In business, especially if you have perishable inventories such as foods that can easily rot, you have to sell it quick or otherwise it will be a loss. Time is Money. In real estate investment, you need to wait for time for your investment to appreciate its value. Again, time is money. But in

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