When you put money on a savingsaccount you receive interest. Usually banks will give you between 2 and 5 % interest on your hard-earned money. Apart from there being easy ways to make higher interest rates (which we won't go into now), it is imperative that you understand the concept of compound interest. There is not a single other concept that has made more people into millionaires than compound interest!
Continue reading...15. February 2010
As you press the button for the 10th floor, you see a man hurrying to catch the elevator. You hold open the door and the man steps in. 'Thanks!' he exclaims as he presses the button for the 15th floor. The man extends his hand and introduces himself. It turns out he is the CEO of this company, something you know all too well. You have wanted a meeting with him forever, and now he is asking you 'So, what do you do?'
Continue reading...13. January 2010
If you want someone to trust you, you will first have to become trustworthy. This is not an easy feat to pull off and being trustworthy has to do with very deep and basic personality traits. Stephen M. R. Covey dissected trust in his fantastic book The Speed of Trust. In this article I will discuss the the way to build trust and become trustworthy along the lines set out by Stephen M.R. Covey (this is Stephen R. Covey's son).
Continue reading...29. December 2009
Every year at the end of December, I sit down and go through my agenda of the last year. I revisit all the events that have taken place, because while they were happening, time seemed to fly by without slowing down. In all fairness, time seems to go by faster and faster these days. Reflecting back on the achievements of a year slows time down again. It is a great technique. Please note that I am not one to boast. The reason I am reflecting is because I need to feel good, but I don't. I don't think that I have achieved much, if anything. Every day I think about where I want to go, instead of accepting that where I am is actually the best place to be!
Continue reading...16. December 2009
Most of the time I dread them, meetings. They tend to get all lengthy. Back in university the annual members meeting would sometimes last as much as 5 or 6 hours... And meetings usually seem to avoid fun topics like you would the plague. But I also know they are a fact of running a business, so today I present to you my top 5 meeting tips. These tips can be used to steer a meeting in the direction you want to, and have it done with in an orderly time frame.
Continue reading...1. December 2009
Today is a historic day. After a lot of hard work filming, editing, designing, setting up a website and more of those creative processes, it is finally here: How to Throw Like a Pro! The definitive source for learning how to throw a frisbee disc, aimed at novice and intermediate ultimate players around the world.
Continue reading...29. November 2009
In one of my previous posts I talked about what being smart reall is all about. I discussed how being rational is important and I explained what rational thinking is. So be sure to read that post first, then watch the video below. This amazing insight is exactly what being rational is all about: the ability to distinguish fact from fiction!
Continue reading...17. November 2009
If you have ever had to negotiate with someone, you have probably experienced the same as I have. We have learned that 50/50 is always a fair deal. I mean, if we do it 50/50 it has to be fair, since we have equally divided whatever it is that needed dividing, right? You've guessed it, the answer is no. It is not always fair to divide things 50/50.
Continue reading...17. September 2009
In the book 'The brand you 50' by Tom Peters, one could be forgiven to conclude that freelancing is the way to go. High payment and a dynamic working environment provide a continuous stream of interesting possibilities. Every couple of months you switch employers or, if you have multiple assignments at once, you have the luxury of a new working environment every couple of days. And Tom Peters really puts it in fabulous writing as well. If you live for these sorts of projects and you thoroughly enjoy it, by all means do not give it up. But if you are like me and you are wondering whether this will make you rich, the answer is no. Simply having a high paying position isn't going to get you rich. You will need a better business model.
Continue reading...31. August 2009
Yesterday I had a meeting with my business partner who just came back from his holiday. And I was about to tell him something that I knew he was not going to like. But he's my partner so it also felt as though I had an obligation to tell him what was on my mind. In the past we've talked about tough personal circumstances and how that influences your work. Sometimes they make you work harder, at other times it has a negative impact on your work and commitment. But we talked about these things nonetheless, and it would seem as though this was just another case. Yet it wasn't.
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8. March 2010
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