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True Value: What Matters in Business & Life

  • Broadcast in Business
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Who are you NOT to succeed? That's the attitude to have. Keep pushing, keep going, and keep attracting other great people and momentum into your life. One step at a time. You CAN do it.

It says here you can survive without food for three weeks," she said. Three days without water. But only three minutes without oxygen."

When I have candid conversations with very successful investors they never give me stock tips. They always talk about fundamentals. The same is true in the world of business. The entrepreneurs I know who make huge money seldom talk about specific business opportunities. They prefer to discuss universal principles.

What counts is being able to analyze them quickly and efficiently, cull out the best ones and then take advantage of them. That knowledge is what separates you from the rest of the pack. And that knowledge is scarce.

There is a lesson here for entrepreneurs: Without a solid understand of fundamentals, it is hard to make smart wealth building decisions. If you want to be successful you must learn to value what is truly valuable.
 

. Take this five-question test to judge your knowledge:

  1. What is the single most important rule in acquiring great wealth?
  2. What ROI do you need every year to acquire the net worth you are seeking?
  3. What sort of enterprises will give you that ROI?
  4. What is the optimal selling strategy for the most successful business in your industry?
  5. What is the allowable acquisition cost for your business?

 

People who should listen to this show are entrepreneurs, homebased business owners, career coaches

 

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