A business plan is a management tool common in a market economy, the basis of a specific marketing, financial, logistical, personnel policy of running your own business.
The development of a business plan is mandatory in the formation of new enterprises, the reconstruction of existing ones, in order to justify the effectiveness of investments. Continue reading
To begin with, we will define two basic rules:
– The basis of wealth number 1 – your expenses are less than your income.
– The basis of wealth number 2 – all the excess income to invest in assets that will give you passive income. Continue reading
1. Increase the number of options
Chip describes a study conducted at Carnegie Mellon University. It studied 168 decisions in the field of business and it was found that only in 29% of cases, people who made decisions considered more than one solution to the problem. Chip advises managers that before they “fall in love forever,” they need to increase the number of options. Continue reading