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The classic example of a synergy of skills was that young writer for the newspaper. If she diligently learned the skills of sales and marketing,her income would jump dramatically. If I were her, I would take some courses in advertising copywriting as well as sales. Then, instead of working at the newspaper, I would seek a job at an advertising agency. even if it were a cut in pay, she would learn how to communicate in short-cuts that are used in successful advertising. She also would spend time learning public relations, an important skill. She would learn how to get millions in free publicity
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The main management skills needed for success are:
1. Management of cash flow
2. Management of systems
3. Management of people
Five main reasons why financially literate people may still not develop abundant asset columns that could produce a large cash flow. The five rasons are:
1. Fear
2. Cynicism
3. Laziness
4. Bad habits
5. Arrogance
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316 reads
Whenever you feel short or in need of something, give what you want first and it will come back in buckets. That is true for money, a smile, love, or friendship. There are times when I have given and nothing has come back, or what I have received is not what I wanted. But upon closer inspection and soul searching, I was often giving to receive in those instances, instead of giving for the joy that giving itself brings.
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Buy the pie, and cut it in pieces. Most people look for what they can afford, so they look too small. They buy only a piece of the pie, so they end up paying more for less.
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312 reads
If most people understood how a “stop” worked in stock-market then there would be more people investing to win instead of investing not to lose. A stop is simply a computer command that sells your stock automatically if the price begins to drop, helping to miinimize your losses and maximize some gains. It’s a great tool for those who are terrified of losing.
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Learn more about moneyandinvestments with this collection
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