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Categories: Business, Productivity, Success
Einstein called it, “the greatest mathematical discovery of all time.” It’s the reason that rich people get richer, and indebted people get more in debt. It’s called compounding – a simple mathematical concept that can revolutionise your finances.
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Categories: Business, Productivity
Vilfredo Pareto was a French economist who was born in the mid-19th century. He noticed that the majority of the land in Italy was owned by a minority of the population. It was very roughly 80% of the land, to 20% of the population.
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Categories: Business, Marketing, People, Productivity
“Everything should be made as simple as possible, but not simpler.”
Einstein. Genius.
In everything you do, consider Einstein’s quote. Purposefully try to make things simple.
Intellectually, simplicity seems to be looked down on. “He was a simple man,” means he was stupid.
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Categories: Business, Marketing
“We’ll get more customers by being the cheapest,” is not a very attractive feature on a business plan.
Trying to be the cheapest will nearly always lead to disaster.
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Categories: Business, Marketing
The words “business” and “competition” are usually considered closely linked. After all, don’t businesses compete with one another?
In reality, businesses are always trying to avoid competition. In competitive situations, prices drop to steal each other’s customers – and profits disappear.
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Categories: Business, Career, Money
How would you like to earn money while you sleep? Sound a bit too hard to believe? The fact is, millions of people earn a good proportion of their income in their sleeping hours.
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Categories: Business, Marketing
How do you advertise perfume on television? That was a real dilemma for the advertising folk when the first fragrance companies started to buy television spots. Normally, products are advertised by showing what they can do – or what they look like. It’s quite difficult to advertise a smell.
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Categories: Business, Happiness & Fulfilment, People
Search Engine giant Google has a simple philosophy that guides their business practices: don’t be evil. This may be a side-swipe at some of their competitors, who have questionable business practices, but it simplifies what could have been a comprehensive lists of dos and don’ts.
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Want to make money? Then go and get a job at the Royal Mint. They are the only ones that are allowed to make money in this country, the rest of us can only exchange things for it.
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Learning anything new, you need to have some standards to judge yourself against. How do you know that you are making progress – and how much?
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