Reducing debt usually isn't a high priority for people until they have already gotten into trouble with overspending. Using a few basic guidelines, and debt calculations, can help you see when your debt load is getting into the danger zone. Budgeting Guidelines Creditors use budgeting guidelines when reviewing and approving credit. If your debt exceeds the financial communities recommended guidelines, then you have a higher risk of credit...more
Geshe Michael Roach is a Princeton graduate and a Buddhist monk. After graduation, he spent seven years studying the wisdom of Tibetan Buddhism. At the suggestion of his teacher, he joined a fledgling diamond business in New York to test his ideals in real life. He stayed with the business as a member of the core management team for seventeen years. The company grew from a start-up with two owners and two employees to $100 million in sales and...more
Generosity, which includes the free, no strings-attached sharing of resources, money, and information among people, is the seed of prosperity. What was the initial seed planted that caused the "Silicon Valley Miracle" No, it was not the invention of the oscilloscope by David Hewlett and William Packard, but, rather, an act of no-strings attached generosity, the founding of Stanford University by Leland Stanford. (See the "Founding of Leland Jr. University" below.) With help and funding from Stanford University and their advisor Fred Terman, , David Packard and William Hewlett were, able to invent the first oscillator, and Hewlett-Packard was the first electronics company, the seed around the others grew. The Founding of Leland Jr. Stanford UniversityThe Stanfords had only one son, Leland Jr., whom they loved dearly. He was fond of playing at their sprawling Palo Alto ranch, especially on his miniature railroad with 400 feet of track. In 1884, while the family was vacationing in Europe, young Leland, just two weeks shy of his 16th birthday contracted typhoid fever and died. The family was devastated. That tearful morning Leland Sr. turned to his wife Jane and said, "The Children of...more
Silicon Valley: a parableWe have all heard about the "Silicon Valley" miracle. Not long ago, Silicon Valley found itself at the centre of the world, a job- and money-making machine fueled by the popularity of the Internet and technological innovation. Those days are a distant memory now. Now, the Center of the World has become a technological Rust...more
The old and standard business administration concepts included in any current MBA program are very important, but today the companies are very different.This new situation strong demands a new MBA program including the General Control Theory, the control engineering, the new business technologies, the Management by Exception concept automated by...more
Many professional organizers don't leave either home or office without one tool. What is it? Drum roll please The answer is a labelmaker. "Most organizers favorite tool is the electronic labelmaker," confirms Diane Hatcher, president of Timesavers Professional Organizing Services, Cooper City, Florida (www.timesaversusa.com). "I particularly use a Brother PT65. It's a portable labelmaker. And almost everybody that sees mine wants one." So why the love affair between professional organizers and labelmakers? It's because of what you can do with this little inexpensive object (which is less clunky and more portable than its fading cousin, the typewriter). Essentially, a labelmaker spits out self-adhesive tape with the words and phrases you type onto its keyboard. (A label printer that attaches to and works in conjunction with your computer would use your computer keyboard as the input device). You can view what you're inputting on a tiny screen on portable labelmakers, usually an LCD display similar to ones seen on cameras or handheld calculators.And while label makers are fun gadgets, they're more than just that. They're practical and useful devices. For instance, here are several...more
Halloween costumes are a scary thing for many this time of year. It is also frightening to know your business or commercial property has potential for being victimized. Here are 10 prevention measures to keep property safe from those things that go...more
What's more crucial to the success of a business, non-profit or association than its most important outside audiences and stakeholders? Nothing. Those stakeholder behaviors directly impact virtually every management and operating activity of the...more
As you continue to read about real estate investing, you will no doubt come across the term 'power team'. What is this 'power team'? A power team is a group of people without whom successful real estate investing becomes very difficult, if not...more
Financial Success-The Secrets Of Financial SuccessAfter speaking with a gentleman this morning, hearing his excuses or so called reasons for his lack of financial success, I realized that the majority of our population is broke only because they lack...more
The Better Business Bureau recently issued a national alert to warn consumers and businesses about two questionable operations that are falsely using the BBB name to scam victims. One business is perpetrating an advance fee loan scam that targets...more
If you are in the home buying or selling market, it's important to understand the difference between tax assessment and appraisal value. Concentrate on the appraisal value because this determines your asking price. Understanding Tax AssessmentThe tax...more