1. FIND YOU PASSION A successful entrpreneur understands that money isn't the purpose or the goal. Instead, it's about passion . New entrepreneur are to discover their passion - passion will inspire you to work through the hurdles that come your way. Love for your enterprise will give you the purpose and motivation to continue moving forward. 2 . CULTIVATE RELATIONSHIPS No entrepreneur can do it alone. Getting to know people before you need them is the mantra. If a gap in knowledge or experience hinders you from developing that relationship, find a way to bridge that gap. 3 . DEVELOP A GROWTH MINDSET The most critical skill you can develop is a growth mindset. A growth mindetset is the idea that one's most basic abilities can be developed through dedication and hard work and a love of learning . 4 . ELEVATE YOUR RESILIENCE Ther...
The most pertinent question is do we settle every stage then only move on the next stage or do we learn having the wisdom to do money allocation which will allow us to do start off at least 2 stages at a go? From experience, it would be extremely pressure and boring to complete Stage 1 then move to Stage 2. FOMO will cloud us and when things get tough, we will abandon the plan. By learning money allocation such as taught in Financial Ruler, we are able to start off Stage 1 and Stage 2 simultaneously. The focus is to be discipline in allocating the money, not the discipline to achieve the Goal (e.g. achieving Stage 1 first then move to next stage). While learning about money allocation, it is also pertinent to understand that we need to increase our income by increasing our knowledge and skills. Increasing the income makes a lot of things possible! Stage 1 and Stage 2 are the labouring , Stage 3 and Stage 4 are actually the fruits of the labour . Money allocation in la...
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