| Poor People | Rich People |
| “Go to school and make good grades.” | “Become financially literate.” |
| “Get a safe, secure job.” | “Build businesses.” |
| “Work hard and save.” | “Don’t save, invest.” |
| “Work for money.” | “Let money work for you.” |
| “Pay your creditors first.” | “Pay yourself first.” |
| “Save money by shopping for bargains.” | “Make money by shopping for investments that will go up in value.” |
| “Don’t buy something you can’t afford.” | “Ask yourself how you can afford it.” |
| “Investing is risky.” | “Not investing is risky.” |
| “Your house in an asset.” | “Your house is a liability.” |
| “The rich are greedy.” | “The rich are generous.” |
| “Money is a necessary evil.” | “Money is power.” |
Sunday, September 5, 2010
Comparison of Rich People Views and Poor People Views
Tuesday, August 31, 2010
Warren Buffett Quotes
"A public-opinion poll is no substitute for thought."
"I always knew I was going to be rich. I don’t think I ever doubted it for a minute. "
"I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over."
"I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years."
"If a business does well, the stock eventually follows."
"If past history was all there was to the game, the richest people would be librarians."
"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently."
"I always knew I was going to be rich. I don’t think I ever doubted it for a minute. "
"I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over."
"I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years."
"If a business does well, the stock eventually follows."
"If past history was all there was to the game, the richest people would be librarians."
"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently."
Professionalism
Pay attention to the things you do and say. Even when just writing a short email to some one try to use proper grammar. Your first impression of someone is very important. If you get an email from someone throwing you a pitch for their investment and they use bad grammar and spell every other word wrong you would probably question their legitimacy and question their intelligence. So just be aware of what stuff you put out there because it can always come back at you and might hurt you in future business deals. If you have any questions or comments please feel free to write me.
Thanks, Ben
Thanks, Ben
Monday, August 30, 2010
Sales
An important skill to learn if you are going to be successful is sales and marketing. Even if you don't think you have a product to sell you really do.. Yourself. Its always to good to get out there and make yourself known among the community. You need to make a name for yourself so people will trust and believe in your products or whatever it is you are trying to do. You can't just yell "look at me!" though you would sound obnoxious. You have to find people who would actually be interested in what you would offer and advertise it to them. Be it a lunch meeting or what have you. It is always best to be open honest and well prepared when presenting an idea to your future clients because then you will make a good name for yourself and have people that will now trust you and help you with your future plans and ideas. If your product is of value, you price it fair, and have the right buyers it should essentially sell itself. If a particular item is hard to sell you are probably going to find out that that item is not with selling at all. Once again thanks for following if you have any questions or comments feel free to ask.
Thanks, Ben
Thanks, Ben
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