How do I know what to spend my money on? - 93/101 Entrepreneur Questions and Answers

This is an except from my book: 101 Entrepreneur Questions and Answers.One of the biggest things you and I need to avoid is get rich quick scheme, scams and most MLM companies. You and I need to do our research- extensive research- into any "business opportunities" before we go into them. Yes you can learn and achieve a lot from them, but over time as you develop you start to realize the short comings of them and you can create better opportunity for yourself elsewhere.Ask yourself questions such as:Who profits?Who is in charge?What reputation do they have?This is the kind of things that 1 Timothy 6:10 was referring to, where your pursuit of money was so blinding that you overlooked the downfalls of the business, or ignored the warning signs.Remember that everyone has something worthwhile and unique knowledge that you don't have. Learn from and listen to as many people as you can meet, because everyone has something that you can learn from. There has never been a person I could not learn something from, often it was what not to do. Different people will try to sell you onto different seminars, training days, etc, most of the time they are worthwhile, but as you become more knowledge and experienced their value diminishes.In November 2015 I signed up to a 3 days FOREX trading course in London, it was a very good 3 days and the course taught me a lot about how the world works. I learn more than what I bargained for and it was very worthwhile. You and I, forever, need to spend our money on education.Question of the day: How are you managing your money? What is a lot of money to you?
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Published on November 22, 2017 08:56
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