Tag Archive | "Tips"

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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How to write a killer elevator pitch

Monday, February 15, 2010

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How to write a killer elevator pitch

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?'

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Getting Real – The smarter, faster, easier way to build a successful web application

Monday, February 1, 2010

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Getting Real – The smarter, faster, easier way to build a successful web application

A friend of mine recently recommended this book to me. The book discusses the down to earth methods that the people at 37signals used to build their massively popular web applications, used by hundres of thousands of users world wide. With only three people!

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Creating Wealth – Robert G. Allen

Monday, January 25, 2010

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Creating Wealth – Robert G. Allen

I recently finished Robert G. Allen's book 'Creating Wealth'. This book is simply amazing for people seeking to build wealth and find financial freedom. Robert Allen is a true specialist and gives fantastic advice. Whether you have made your first million already or are just starting out on your road to financial wealth and freedom, this book is a must.

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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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How to build trust and become trustworthy

Wednesday, January 13, 2010

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How to build trust and become trustworthy

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).

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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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How to perceive with your Mind’s Eye

Tuesday, January 5, 2010

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How to perceive with your Mind’s Eye

"Wealth can only be perceived with the mind's eye" is a quote I read in a book recently. This is very true, it takes visualization to perceive a situation as an opportunity. This doesn't only apply to wealth, it actually applies to all opportunities. In order to create something, it first has to be perceived with the mind's eye (i.e. visualized). So how does one perceive with the mind's eye then?

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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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The rules of rulemaking

Sunday, December 27, 2009

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The rules of rulemaking

Our society thrives on rules. There are rules for everything. From the size of a door or window in your home, to what you should do when you switch your job, there are rules in every aspect of your life. And people are expected to abide to these rules. But if you are an entrepreneur or a manager of a department, or even running a household, you are faced with a different aspect of rules: rulemaking. There are certain dos and don'ts about rulemaking, the rules of rulemaking. Abide to these rules and you'll notice that you are creating success. Break them, and you will end up with chaos!

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