Tag Archive | "Life"

The 8th Wonder of the World – Compound Interest

Monday, March 8, 2010

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The 8th Wonder of the World – Compound Interest

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!

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The secret of reasons

Thursday, February 11, 2010

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The secret of reasons

Every day we are encountered by reasons. People give a reason for something in order to justify what they are doing. This is very normal behaviour, we all do this. But the reason we give is not the same as our true reason.

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The meaning of the word ‘but’…

Wednesday, January 20, 2010

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The meaning of the word ‘but’…

This very simple word, 'but', which is used in many languages, has a very profound meaning that most people do not notice. We tend to use this word very much, yet underestimate its power.

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Professional Time Management with Stephen Covey

Friday, January 8, 2010

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Professional Time Management with Stephen Covey

When I just started as an entrepreneur, managing my time was easy. I didn't. I just put every bit of energy into my company. Of course I also had my education to focus on, but obviously it suffered. Sports suffered too, as I stopped playing any sport for about one or two years. Almost every bit of time went into my company. And then it failed. I felt miserable. Something had to change.

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December 2009

Tuesday, January 5, 2010

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December 2009

Here is another monthly report. I'm happy to see that the line is picking up, hopefully to stay around a higher level for a longer period of time. The most apparant reason for the line to be higher is my health; I have recovered from my back injury. And since health is the second most important factor in the wealth formula, it has a very big impact.

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How to accept yourself

Tuesday, December 29, 2009

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How to accept yourself

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!

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Learning any skill

Thursday, December 24, 2009

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Learning any skill

When you learn any skill, there are a number of stages that you go throw in order to learn that particular skill. This is the same for any skill that you can think of. Being aware of this process will greatly increase your ability to learn a new skill and also allows you to assess your progress when learning skills.

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The 4 Hour Work Week – Tim Ferriss

Sunday, December 13, 2009

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The 4 Hour Work Week – Tim Ferriss

The Four Hour Work Week (4HWW for short) has been a New York Times and Wallstreet Journal bestseller, and isn't doing too shabby worldwide either. This book was recommended to me by a friend when we were working together for a big project of mine. I remember thinking 'well, sounds lame' and actually almost forgetting all about it. But I decided to pick up a copy anyway because he so highly recommended it. Well that turned out to be a total winner of a choice!

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7 Habits of Highly Effective People – Stephen Covey

Monday, December 7, 2009

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7 Habits of Highly Effective People – Stephen Covey

This month I introduce a new category, Reviews. This category will feature a review of the books I have read, seminars I attended and courses I have followed over the past years and in the future. I don't read any novels, only self improvement books, wealth books, investing books and other books that I feel will give me more of an edge in becoming successful. The same holds for seminars and courses. Forget the technical stuff, I am interested in marketing, accounting, wealth building and entrepreneurial seminars and courses only. But without further ado; the review! The 7 Habits of Highly Effective People is the book I would recommend almost anyone to read. Simply put, this is the book of books. Forget the Secret, The Four Hour Work Week and Rich Dad, Poor Dad. Read this first!

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Improve your rational thinking

Sunday, November 29, 2009

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Improve your rational thinking

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!

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