trapez-finance.org

Michael Gerber wrote a very popular book entitled The E-Myth Revisited about the myths of entrepreneurship. He explained that entrepreneurs must have three skills to win. Gerber claimed that entrepreneurs must possess and execute the technical, the managerial, and the visionary skills to succeed as an entrepreneur by creating a successful business. I believe that Gerber was only partially correct. He leaves readers with the impression that the entrepreneur (alone) must consistently possess and exercise all three of these skills for the business to succeed, and for the entrepreneur to win. I believe that the key distinction is that the three skills represent the three FUNCTIONS of the business that must be completed for the business to succeed.... Read more »

When you work in business way, you will know business is wild word, very hard and very dangerous, but much people like that. A business is like a chain. It is only as successful as the weakest link in the chain. The three links to any business chain are the technical function, the management function and the visionary function. The success of a business will rarely exceed the level of poorest execution of the three functions. For example, if the entrepreneur performs the technical and visionary functions at an excellent level, but performs the management function at a poor level, the business success will rarely rise above the poor management level. Smart and successful entrepreneurs discover the three functions they have the greatest desire... Read more »

The intention to retire is coupled with questions such as: “will I be able to sustain my lifestyle the moment I venture out on my own or retire from my job?” “Will retirement, now, be a prudent decision based on careful financial planning and determining?” Early retirement is a dream of one too many men. And determining your financial status is first to be able to determine whether one can retire sooner rather than later.And then there are those who need effective personal financial planning. Those who are probably in debt and must act on their skills or experience whether they are effectively managing their finances or do they have to consult a career professional trained in giving effective personal financial advice. Determining... Read more »

If you run a business where you are one of many vendors at an event, you may have had this experience before. Someone comes up to your booth at the festival or flea market and starts to fall in love with some of your items. You tell them the price and they count the cash they have with them. They then look uneasy and tell you they only have so much cash and don’t know what else they may need to buy, so they’ll come back. Rarely do they return. Often something else grabbed their attention and their money is gone. Another option is that the customer has picked up a number of your items and starts to bring them to you with a credit card in hand. When you tell them you can’t accept credit cards, they put most of the items away and... Read more »

Disability insurance helps the policyholder to take care of his or her necessities when the person fails to attend work due to illness or injury. Some surveys show that one in three people becomes disabled at the age of 35. You have to look into several important factors while choosing a disability insurance policy. Such factors as total disability and renewability have to be considered carefully. Generally, disability insurance is available in two kinds they are  short term disability insurance and long term disability insurance. Long-term insurance covers periods more than six months till the time of retirement. No insurance company will offer coverage of 100% of your income fearing that you will not go back to work even after becoming fully... Read more »