Finance
Disclaimer: This Finance Page is NOT intended for use as a source of legal, business, accounting or financial advice. All readers are advised to seek the services of competent professionals in legal, business, accounting, and finance field. This information is intended as a resource and a place to start a discussion about finance and money for those seeking to start their own business.
YOU. As you begin your journey toward entrepreneurship you’ll come across a number of issues, and there are two basic areas that affects ones life:
- Craft of your Business - Learning about oneself, one’s talents, and how one fits into the market place with both with your talents and skills.
- Business of your Craft - Learning how to making more than a living using your talents. It’s about how to make a profit with what you do. In a nutshell: Sales/Prices – Expenses = Profit.
BUSINESS AND MONEY. But as with any subject, the devil is in the details. As an entrepreneur understanding how to make a profit from the sale of your product and services is the most important part of becoming successful, but being successful also means how one handles money, or finance, over time that makes you successful or not. Why do you think that 78% of NFL players are broke and go bankrupt after leaving the NFL? Because they have not learned how to handle their money.
- Business of Profit - how to make it from all of your efforts, not just making sales. NFL players learned how to turn a profit from their skills, but they lacked the next step.
- Business of Money/Finance - how money, your money habits from your mental money blueprint, affects your financial life.
Your money or financial blueprint in your mind will determine whether you are successful or not. How you think and view money, what you learned growing up from your parents, friends, and other family members affects how you will or will not be successful.
Two books I recommend, one is by Rabbi Daniel Lapin whose book Thou Shall Prosper is the first. Rabbi Lapin shows the moral reasons for wealth.
The second book is by T. Harv Eker, Secrets of the Millionaire Mind. Or, if you’d like to get even more intense, attend a three day Millionaire Mind Intensive (MMI):
I have been through the MMI twice by myself and once with my wife at the March, 2011 one in Denver. It was life changing for both of us. I’ve seen poor and rich attend and have seen lives change. Why? Because both the poor and rich can both have the same issues regarding money.
Click on the above banner ad to see where the next MMI nearest you will be.
FINANCE. After understanding the reason for wealth and next having attended an MMI, your next step is understanding the business of money. Here are some basic pieces of information to getting your finances in order:
- Understanding Credit – Understanding how credit works and how you can get to work for you. Did you know there are 158 consumer protection laws as they relate to credit reporting? Call The Credit Builders for more details.
- Credit rebuilding – When you suffer from financial issues, The Credit Builders will help you analyze your credit and begin you on a plan to get back into financial shape.
- Credit Cards (Personal and Business) -
- Business Finance – Business Funding is the place where finding funding to grow your business
- Etc.
All of the above information and more you can find with this FREE downloadable report titled Midas Guide to Finance and Credit Report by Darrell Hornbacher from Business Finance Store that will educate you on the basics of credit and finance.
Disclosure: I am affiliated with both the MMI, the Credit Builders, and the Business Finance Store.
