One of the most valuable skills you can acquire as an entrepreneur is the ability to learn quickly. Understanding how to create the most effective use of your time is imperative for either type of entrepreneur, regardless whether you are niche or serial. I am going to reveal to you a three step method to learning quickly that is typically kept a secret by gurus and professionals, in the business industry. The trick to increasing your human capital is not so much about what you learn as much as it’s about how efficiently you can learn, that affects the value you can create for yourself and the value you can offer to society. The secret three step method to learning quickly is to (Know) (Wise) (Application).
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What hasn't changed since the great Bronze Age of Babylon, are the fundamental rules of money. If you ever wondered what is in that “special sauce” that not only makes a financially prosperous individual, but also a financially prosperous society, then look alive. If you pay mind to what I share with you in this post, I promise you, it will be the best deal you will ever make in your life. If you so choose to implement these rules in your life, even if only to see what returns, you will be doing a service not only for yourself but for your fellow man and loved ones as well.
Really this technique can help anybody understand their environment, but I want to focus on how entrepreneurs specifically can utilize this method of mind control. Mind control is not about what you think, but rather it is all about how you are thinking and whether or not that is consistent with what you want to be thinking.
I critically addressed the environment around us and drew a correlation between it and how we manage our finances, while coining a couple new philosophical terms in “WHAT IS MONETARY EMOTIONAL CONSCIOUSNESS AND YOUR FINANCIAL THINKING CAP?” I even discussed how crucial it is that you develop a relationship with yourself in “WHERE THE VALUE LIES IN RELATIONSHIPS”, in order to discover your own identity and establish principle/standards based on your character. Now I believe is an appropriate time to tell you that it’s time to take control. Do not wait for control to be granted or allowed, but seize it!
1. Inflation – this is when the economy is accumulating more currency, in the form of debt. The more currency created (whether via printing press or electronically) the less value (purchasing power) that currency has.
2. Value – the measure of relativity between any two resources within an exchange 3. Fiat money – currency a government declares as money, and just like the paper that comes with a game of Monopoly is called money, the value of that money is retained just the same. The value is anchored to a presumptuous unspoken promise. Paper currency is fiat money. The currency you receive in exchange for the labor (time) you invest at your job, or from selling goods/services, is funny money (does not retain or preserve value). During inflationary periods in the economy, the purchasing power of that money steady depletes, meaning it takes more of it to buy the things you need/want like: - Food - Energy - Shelter - Clothing - Entertainment …but Gold and Silver is considered “real” money in its ability to preserve value.
Liberals would say that some are more fortunate than others and that people are working too hard to maintain a mundane living to find any time and/or take on the debt required to do any of the above. Conservatives will refute by saying,” Excuses, excuses!” Then liberals respond with, “Why should I have to go through all that just to earn a living?” Phew! It seems like anytime this issue is brought up, it turns into a conflict over where the line lands, marking where empathy should end and where personal responsibility should begin. I would like to share what I see from both sides of the argument, and let you decide.
Delving a little deeper, we come up with a couple different types of common interpersonal relationships:
1. Intimate or Personal Relationships 2. Business or Professional Relationships The value of any interpersonal relationship is measured from the culmination of standards and principles. The value itself is a result of an exchange taking place between producers and consumers. There are interpersonal relationships that can be very detrimental to one’s values. These interpersonal relationships may not be so easy to spot once you’re in them, but I introduce the characteristics of toxic and parasitic interpersonal relationships, so you can identify them and have the ability to protect yourself. It is important to distance yourself or avoid these types of relationships, especially as an entrepreneur, in order to appreciate as an individual and increase the value of your life.
We’ve explored the private sector in a kind of “wild west” small business meets small town kind of way. Then we released the kraken upon the small town and watched as feast or famine swept the little island community. Now, we analyze some of the signs that can be identified around town, and may serve as an omen of a failed economic system. As a disclaimer I am not a decorated economist, and these insights are a process of my own personal theories (mostly gathered over the years watching documentaries, reading news articles, and referring to similar events that have taken place throughout history). These theories should be taken as speculative thinking and nothing more until you have done your own homework and formed your own opinion.
The game of poker brings out some interesting characteristics in players, and if you pay attention you get an illustrative demonstration of the subconscious money managing habits of those players (except money is represented by chips in this context). Of course this is certainly a bold statement when taking into consideration the boundaries in which these “financial” decisions are made, in regard to the rules of Poker, but there’s empirical evidence to support this risk reward theory. I believe what you get a glimpse of at the tables, is a reflection of an individual’s subconscious process of managing risk and reward. You get a firsthand look at the monetary emotional consciousness (m.e.c.) and financial thinking cap, in action. There are essentially two types of financial personalities battling it out in the game of poker. There are the gamblers ranging from degenerates to casual/social, and then there are the various levels of investor/business minds at the table.
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