When you lose it takes twice the amount of effort to get back to the same place. For example a 50% loss of your money requires a 100% gain to get back to the same place.
This is why Warren Buffet says the number 1 rule of investing is “Don’t money.”
Tag: Money
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noiz viol8ion blog #803 – Pay Through Sacrifice
Even though you may know what you want it doesn’t come easy. You must pay the price. If you want a new computer you must know how much it cost then you must have the money to pay for it. If you don’t have the money then how are you going to get it. Maybe you have to pick up an extra shift or maybe you need a part time job.
If you want to play an instrument then you have to practice. Pick a time to devote to practice. Not everything is paid in money. Sometimes you have to pay in your time or favors.
Everything has a price. Sometimes the prices are hidden and sometimes the price is really high. Just know the cost because there is no way around it.
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noiz viol8ion blog #798 – Don’t Count Your Chickens Before They Hatch
Sometimes things look like a sure thing. We get excited for something to happen and can’t imagine anything going wrong.
This metaphor can be extended to many things like Don’t spend money before you have it.
Don’t commit your time that you don’t have.
Don’t talk trash when you can’t back it up.
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noiz viol8ion blog #664 – Sales
The first thing you need to sell is yourself. People buy thing from people they know, like and trust. So what is in your control? Get to know people! Ask question and find out more about the people you are trying to sell to. What are their problems? What results do the want? Next, be a likeable person. This may be the way you dress. First appearances can be a big deal. Once the first appearance is done then it comes down to the way you talk, act and treat that person. Keep providing value to them and gain their trust. They need to know you will be there for them when things are not working out.
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noiz viol8ion blog #609 – The Rich and Wealthy
The rich and wealthy have more than they need. They live below their income and have more money left over each month. They spend less than they earn. They do not live paycheck to paycheck. They take care of their security and necessities first. They think in terms of their networth and not income. They have long term appreciating assets. They’re careers are more passion based and not for money. They budget and have a plan for their money. Their money works for them and they do not work for money. They follow principles, practices and percentages no matter how much money they have. They are well educated and disciplined.
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noiz viol8ion blog #598 – Making Money is Hard or Easy?
I have been conditioned to think making money is hard. I have believed it takes a master to make money and I am not good enough. I thought I need to be better than everyone else. I was told that I need schooling and to be highly trained. I was never taught I was good enough right now. I am smart enough right now. It is my goal to start another income stream
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noiz viol8ion blog #594 – More Than You’re Paid For
Do more than you are being paid to do, and you’ll eventually be paid more for what you do.
Zig ZiglarWhen you think about what you do, do you do the bare minimum? do you go the extra mile? do you meet expectations?
There are many ways to do something but the only way to get ahead is to do more than everyone else. You must do what everyone else doesn’t want to do. You must volunteer for extra curriculars and take on extra tasks, read that extra book, post one more time and write the extra blog. Learn more and you will become more. You will provide more value and eventually get paid more.
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noiz viol8ion blog #513 – Crypto Coins
Right now people are voting with their dollars on the direction where the world is going. Currently with the amount of inflation going on, people are looking for noninflationary assets. People want something where the value increases. The value of crypto is not up to one person. The value of crypto is up to the people who hold it.
Some people compare the crypto craze with the tulip bulb craze. Other people compare crypto with the start of the internet and now the evolution of the internet. Crypto is a digital asset. Crypto will be an easy way to exchange value in the digital world.
It might be too early to tell who is going to win the race as the reserve currency. Some people say BTC is digital gold and Ethereum or Doge have more currency qualities. I think there is room right now for all of these technologies and protocols. This is just the beginning of an exciting new space.
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noiz viol8ion blog #507 – Charge More Money
If you are running a business then the price of your product is the price of the expectation of the product. There is a lot of competition in the marketplace but people understand that they get what they pay for. Knowing that you have the best product and service you should charge enough money to make the customer really appreciate it. If they go somewhere else they are not going to get the same experience and service. How much you charge is a reflection of how much you think your worth.
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noiz viol8ion blog #441 – How to Make More Money
To make more money you have to deserve more money. You need to demonstrate that you are a good steward of money. You know what it takes to get the money and what it takes to multiply the money. You should aim to give 10 times the value of what you charge for something. If I sell something for $1 people should feel it has $10 worth of value. This makes the money easy to come. Money is like water, it flows to the path of least resistance. Money is not hard to make and it is very abundant. Once you can manage a little its the same math to handle alot of money.
