Entrepreneur

Good morning YPs,

A friend of mine suggested I check out this clip of this 14 year old kid who is already investing his money in the stock market and has accumulated $50,000 in doing so. After checking out the clip I was immediately impressed on how he got involved in what most of us view as extremely complex. Basically he wanted a pair of Nike sneakers but his mother told him instead of wanting the sneakers he should want a piece of the company. Now he’s able to afford any pair of Nike sneakers he wants.

A lot of what we learn about money (good and bad) comes from what we’re exposed to when we’re young. I’ve been fortunate that I’ve been pretty disciplined with credit cards and haven’t fallen into the traps that so many young people fall into. I’d like to sit here and say that my parents played a huge role in my discipline but the truth is they didn’t. I think it’s very important that parents really talk to their kids about money, debt, and how to accumulate wealth at an early age. The biggest thing that stuck out to me in this clip is that the young man is investing in things he enjoys. As a result, his investments probably seem more like fun than anything else.

Check this out and definitely take a look at where your money is and what it’s doing for you.

YPRichB, YoungProfessionals Writer

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Maureen Farrell, 09.01.09, 06:50 PM EDT

Tips for maintaining peak performance in the wake of stress, fatigue, sickness or tragedy.

Susan McBride was riding high back in 2006. The 42-year-old author was about to publish her fourth mystery novel in a five-book series for publisher Avon. Harper Collins added another deal, that one for a young-adult series. She also bought, with her boyfriend, a three-bedroom house in a St. Louis suburb, near both of their families. Wedding bells were nigh. “I had so much happy stuff going,” she recalls. “That’s when the bad stuff happens.”
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Sound Game Plan+Determination+Consistency+Persistence+Focus=Success

Speak to any successful business owner or entrepreneur who created a business, and there is a compelling uniformity in the words they choose: “commitment”, “persistence” “determination, “flexibility”, “hard work”. The words leave little doubt in the minds of the observers that it takes commitment with a capital ‘C’ to succeed in business. Obstacles, hurdles, changes, lack of resources, misadventures, and unforeseen circumstances, the unknowns and sheer bad luck are all par the course for a business owner, especially in the earlier, formative years.
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Millionaire’s Approach

by Ruck on 07/21/2009

in Success

Who wants to be a MILLIONAIRE...?

 

Have you ever wondered why there are two classes of people viz – the rich and the poor? Why some people make money with great ease and for some of them it is hard to earn? These are the some of the questions which tend to come to our mind. The answer for these questions is simple if one can apply logic. The answer is the thinking of one’s mind. It is in the way the people think and apply their thinking to achieve something. It is this way of thinking that separates the successful individuals from the rest of the population. [click to continue…]

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Characteristics of a Genius – Ignoring Distractions

July 3, 2009

  I once heard that a major characteristic of a genius is being able to ignore distractions. It’s also knows as SELECTIVE creating. Imagine athletes, when they are playing at the top of their game they are focused, alert and ready for the ball to be passed to them. They don’t stand around looking at [...]

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3 Sales Tools For Building Networking Relationships

June 16, 2009

One of the most important pieces of powerful networking is building successful, long-term relationships. That’s why people who take a short-term view to networking usually fail – you can’t take shortcuts to building relationships. Just as your personal relationships take time to nurture and grow, so too do your professional connections. It does take time [...]

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Top 10 Business Credit Strategies For Entrepreneurs

June 15, 2009

Entrepreneurs and small business owners are facing a new era when it comes to applying for business financing. Banks, lenders, vendors, leasing companies and others are making adjustments, adopting new rules, and facing new regulations in the lending arena. The National Small Business Association (NSBA) says 55 percent of the small business owners it polled [...]

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10 Mistakes New Entrepreneurs Make When Starting a Business

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When I started my business I made simple mistakes I didn’t have to make because I was to proud or afraid to ask questions and seek help. First there no dumb questions and being afraid is OK but use it to your advantage. Use fear as a motivator not a stumbling block. Read over this [...]

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A True Entrepreneur

June 11, 2009

A Simple Definition What is an entrepreneur, well the origin is to undertake. So you could describe it as someone who undertakes to do something. Such as someone who undertakes the task of starting a business or enterprise for economic gain. Another definition, which really amounts to the same is a risk taker who has [...]

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