BUSINESS FACTS


Гео и язык канала: Эфиопия, Английский


contact us via:- @bin053
✅ Facts about business and strategies of business.
✅ Money making ideas, strategies and plans.
✅ Profitable business ideas.

Связанные каналы

Гео и язык канала
Эфиопия, Английский
Статистика
Фильтр публикаций


𝟏𝟐 𝐁𝐨𝐨𝐤𝐬 𝐭𝐨 𝐌𝐚𝐬𝐭𝐞𝐫 𝟔 𝐒𝐤𝐢𝐥𝐥𝐬 📚📚📚

𝙋𝙧𝙤𝙙𝙪𝙘𝙩𝙞𝙫𝙞𝙩𝙮:

The Art of Laziness by Albert Zaid – Discover a unique approach to productivity, showing how strategic rest and efficiency can help you achieve more by doing less.

Atomic Habits by James Clear – Learn how small, consistent actions can lead to transformative changes in your life and work.

𝘿𝙞𝙨𝙘𝙞𝙥𝙡𝙞𝙣𝙚:

Make Your Own Bed by Admiral William H. McRaven – Navy SEAL Admiral McRaven shares life lessons on discipline, resilience, and how small actions can lead to big changes.

Mastery by Robert Greene – Explore the path to achieving mastery in any field through discipline, persistence, and learning from the best.

𝘾𝙤𝙢𝙢𝙪𝙣𝙞𝙘𝙖𝙩𝙞𝙤𝙣:

Talk Like TED by Carmine Gallo – Uncover the secrets behind TED Talks and how you can use them to captivate and inspire any audience.

How to Win Friends and Influence People by Dale Carnegie – Carnegie’s timeless guide on building better relationships and positively influencing others.

𝙃𝙪𝙢𝙖𝙣 𝘽𝙚𝙝𝙖𝙫𝙞𝙤𝙧:

The Laws of Human Nature by Robert Greene – Gain insights into what drives human behavior, helping you understand yourself and others more deeply.

Power by Jeffrey Pfeffer – Examine the dynamics of power, control, and influence in human interactions.

𝘽𝙪𝙨𝙞𝙣𝙚𝙨𝙨:

Shoe Dog by Phil Knight – The memoir of Nike’s founder, sharing the journey, struggles, and triumphs behind building a global brand.

Zero to One by Peter Thiel with Blake Masters – Thiel’s guide to building innovative businesses and creating value by doing things no one else is doing.

𝙋𝙚𝙧𝙨𝙤𝙣𝙖𝙡 𝙁𝙞𝙣𝙖𝙣𝙘𝙚:

The Psychology of Money by Morgan Housel – Explore how mindset and behavior impact wealth and financial success.

Rich Dad Poor Dad by Robert T. Kiyosaki – Kiyosaki’s classic on financial literacy and breaking the cycle of traditional financial thinking.

"The more you learn, the more you earn." — Warren Buffett

#Bookrecommendation


𝟏𝟐 𝐁𝐨𝐨𝐤𝐬 𝐭𝐨 𝐌𝐚𝐬𝐭𝐞𝐫 𝟔 𝐒𝐤𝐢𝐥𝐥𝐬


8 lessons from the book
"THE LEADER'S GREATEST RETURN" 📚
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1. The function of leadership isn't to gather more followers. It's to produce more leaders.

2. Good leaders use influence, not power, to get things done.

3. Everyone desires to be recognized, praised, and appreciated. As You lead and motivate others, never forget that.

4. The ultimate goal for all leaders should be to work themselves out of a job.

5. The greatest leaders aren't necessarily the ones Who do the greatest things. They are the ones who empower others to do great things.

6. Authenticity is the new authority in leadership, not power or position.

7. The bottom line in caring for others on the team is that it's crucial to give more than You take.

8. If you are seeking a mentor, look for credibility. If you plan to be a mentor, develop it.


THE LEADER'S GREATEST RETURN 📚


Book Master Review

Here are 10 Lessons from

"7 Secrets to Investing Like Warren Buffett" 📚📚📚

by Mary Buffett:

1. Invest in what you understand: Warren Buffett's approach to investing emphasizes the importance of investing in businesses and industries that you have a deep understanding of. This helps mitigate risks and make informed investment decisions.

2. Focus on long-term value: Buffett is known for his long-term investment approach. The book teaches readers to focus on the long-term value of their investments rather than short-term market fluctuations.

3. Look for companies with strong competitive advantages: Buffett seeks out companies with durable competitive advantages, such as a strong brand, unique product, or high barriers to entry. These advantages contribute to long-term profitability.

4. Practice patience and discipline: Successful investing requires patience and discipline. The book emphasizes the importance of sticking to your investment strategy and resisting the urge to make impulsive decisions based on short-term market movements.

5. Value a company based on its intrinsic worth: Buffett believes in valuing a company based on its intrinsic worth rather than relying solely on market trends. The book teaches readers how to assess a company's value and make investment decisions accordingly.

6. Focus on cash flow and profitability: Buffett places great importance on a company's cash flow and profitability. The book explains how to identify companies with strong financials and the potential for long-term growth.

7. Diversify your portfolio: Buffett advocates for diversification to reduce risk. The book provides insights on how to build a well-diversified portfolio that includes a mix of different asset classes and industries.

8. Be patient during market downturns: During market downturns, it is crucial to remain patient and avoid panic selling. The book teaches readers to see market downturns as opportunities to buy quality stocks at discounted prices.

9. Avoid excessive debt: Buffett is known for his aversion to excessive debt. The book emphasizes the importance of investing in companies with a conservative approach to debt and solid financial stability.

10. Continuously educate yourself: Successful investing requires continuous learning. The book encourages readers to stay updated on market trends, financial news, and investment strategies to make informed decisions.

Happy reading ✨


"7 Secrets to Investing Like Warren Buffett" 📚


𝟏𝟎 𝐋𝐄𝐒𝐒𝐎𝐍𝐒 𝐅𝐑𝐎𝐌 𝐓𝐇𝐄 𝐁𝐎𝐎𝐊 "𝐒𝐔𝐂𝐂𝐄𝐒𝐒 𝐇𝐀𝐁𝐈𝐓𝐒" 📚📚📚

𝐁𝐘 𝐍𝐀𝐏𝐎𝐋𝐄𝐎𝐍 𝐇𝐈𝐋𝐋.

1. Definiteness of Purpose: Successful people have a clear goal or purpose that drives them. Knowing exactly what you want and staying focused on it is crucial.

2. Mastery of Self-Discipline: Discipline is essential for success. This includes control over your thoughts, emotions, and actions, ensuring that they align with your goals.

3. Cultivate a Positive Mental Attitude: Success starts with a positive outlook. Optimism and confidence in your ability to achieve your goals help overcome obstacles and setbacks.

4. Develop Personal Initiative: Taking action without waiting for someone else to push you is a key to success. Proactive individuals tend to create opportunities for themselves.

5. Control of Your Time: Time management is vital. Successful people prioritize tasks and focus on what brings the most value to their goals.

6. Persistence: Stick with your goals even when the journey gets tough. Persistence and the ability to keep going in the face of adversity are necessary traits for long-term success.

7. Build Mastermind Alliances: Surround yourself with like-minded individuals who support your goals. Collaboration and shared wisdom can accelerate success.

8. Adaptability and Flexibility: Be willing to adjust your strategies and plans when faced with challenges. Flexibility in your approach ensures you stay on course toward your goals.

9. Self-Confidence: Believe in your abilities and have confidence in your potential to succeed. Self-confidence drives you to take risks and embrace challenges.

10. Learning from Failure: Every failure contains a lesson. Instead of being discouraged by setbacks, successful people use them as learning experiences to move forward.

These principles highlight the importance of mindset, action, and continuous self-improvement in the pursuit of success


Here are the top 10 key takeaways from

" Why Startups Fail "📚📚📚

A New Roadmap for Entrepreneurial Success by Tom Eisenmann:

1. Poor Market Fit: One of the leading causes of startup failure is launching a product that doesn’t adequately solve a customer problem or meet a significant need in the market.
2. Mismanaged Finances: Many startups fail due to improper financial planning—spending too much too quickly or not raising enough capital to sustain growth, leading to cash flow problems.
3. Premature Scaling: Expanding too fast without confirming product-market fit or establishing a solid business foundation often causes startups to collapse under the weight of scaling.
4. Founder Misalignment: Co-founder disputes and misaligned goals, values, or work ethics can tear apart a startup from the inside, making it difficult to navigate challenges.
5. Ignoring Customer Feedback: Failing to listen to customers or pivot based on their feedback leads to startups missing opportunities to refine their products or services to better meet market needs.
6. Weak Business Model: Startups can falter when they lack a clear, viable business model that outlines how they’ll generate revenue and achieve profitability in the long term.
7. Operational Inefficiencies: Problems with execution, such as poor hiring, ineffective team management, or inadequate operations, can create roadblocks that slow progress and deplete resources.
8. Product Launch Timing: Launching too early or too late can drastically affect a startup’s success. Entering the market too soon may result in a poorly developed product, while entering late may mean missing key opportunities.
9. Underestimating Competition: Startups that don’t adequately research or prepare for competition can find themselves unable to compete effectively, especially if incumbents or other players enter the space with more resources or better solutions.
10. Lack of Focus: Distraction or pursuing too many ideas at once can dilute efforts, leading to a loss of focus on the core business mission and reducing the chance of success.
These lessons provide a roadmap for entrepreneurs to avoid common pitfalls and increase their chances of building successful startups.


Top 10 lesson learned from the book
MILLION DOLLAR HABITS 📚
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1. "You are where you are and what you are because of yourself. Everything you are today, or ever will be in the future, is up to you. Your life today is the sum total result of your choices, decisions and actions up to this point."

2. "You can write the script of your own life, and if you are not happy with the current script, you can rip it up and write a new one."

3. "Success is the ability to live your life the way you want to live it, doing what you most enjoy, surrounded by people you admire and respect."

4. "Arise early each morning and read for 30 to 60 minutes in your field. Attend every seminar and course you possibly can. Make it a habit to seek out and attend at least four seminar programs per year in your field."

5. "Your “reference group” would determine as much as 95 percent of your success or failure in life. These can be members of your family; your coworkers; or members of your political party, church, or social organizations."

6. "The average self-made millionaire spends 20 to 30 hours per month thinking, studying, and planning finances."

7. "Your time is your life. Choose your job with care. Your time is more important than the money that you will receive. Money can be replaced, but time spent is gone forever."

8. "The Law of Sowing and Reaping: Whatsoever you sow, that also shall you reap. Whatever you put in, or do for others, will eventually come back to you."

9. "In one study conducted some years ago, the researchers found many men and women who accomplished great things had—when they were young—been avid readers of the biographies and autobiographies of successful people."

10. "The whole secret of a successful life is to find out what is one’s destiny to do, and then do it."


​​​​7 books that will blow your mind

1. "Fight Club" follows an unnamed narrator who creates and leads a secret fight club for men to explore their masculinity.
2. In "The Midnight Library", Nora discovers an extra-dimensional library, in which she can explore alternative versions of her life, before making the ultimate decision of which life to choose.
3. “Fingersmith” is a historical novel that follows the plan of a pickpocket and thief to con an heiress out of her inheritance.
4. “This Book Will Blow Your Mind” uses brain science to explain how the mind works, providing insight into understanding ourselves and our thought processes better.
5. "The Shape of a Life" is a fascinating exploration of the renowned mathematician's journey to uncover geometry's hidden order and its implications for understanding the universe.
6. “The Physics of God” covers topics such as matter, energy, cosmology, scientific laws and their impact on religious beliefs and faith systems in our world today.
7. In “Hyperspace”, physicist Michio Kaku proposes that there are higher dimensions that exist beyond our own reality as part of a dynamic universe capable of superseding physical laws.


One Thousand Ways to Make $1000 ( PDFDrive ).pdf
9.1Мб
ONE THOUSAND WAYS TO MAKE $1000 📚

Practical suggestions, based on actual experience, for starting a  business of your own and making money in your spare time.


10 key lessons from the book

"𝐓𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐏𝐚𝐬𝐬𝐢𝐯𝐞 𝐈𝐧𝐜𝐨𝐦𝐞" 📚📚📚

by Nightingale-Conant

1. Mindset Shift

The book emphasizes changing your mindset from trading time for money to creating income streams that work for you.

2. Types of Passive Income

It explores various passive income sources, including real estate investments, dividend stocks, royalties, and online businesses.

3. Diversification

The importance of diversifying your passive income streams to minimize risks and ensure a stable financial future.

4. Initial Effort

Building passive income requires significant effort upfront, whether it's researching investments or setting up an online business.

5. Leverage

Utilizing other people's time, money, and resources can accelerate the growth of your passive income streams.

6. Continuous Learning

Staying informed about market trends and investment strategies is crucial for adapting and optimizing your passive income over time.

7. Real Estate

The book likely discusses how real estate can be a powerful vehicle for passive income, generating rental cash flow and potential appreciation.

8. Dividend Investing

Exploring the benefits of investing in dividend-paying stocks and the potential for compounding returns.

9. Creating Systems

Designing automated systems for your online businesses or investments is key to reducing your active involvement while maintaining income flow.

10. Long-Term Vision

Building passive income is a long-term endeavor. Patience and discipline are necessary as results may take time to materialize.

If you want more in-depth insights, it's recommended to read the book itself. 😊


Here are 5 key takeaways from the book
"STRATEGIZE TO WIN"
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1. #Know your strengths and weaknesses. This is the foundation of any successful strategy. Once you know what you're good at and what you're not so good at, you can start to build a strategy that plays to your strengths and minimizes your weaknesses.

2. #Set clear goals. What do you want to achieve? What are your long-term and short-term goals? Once you know what you want to achieve, you can start to develop a strategy to get there.

3. #Understand your competition. Who are your competitors? What are their strengths and weaknesses? What are their goals? Once you understand your competition, you can start to develop a strategy that will give you an edge.

4. #Be flexible. The world is constantly changing, so your strategy needs to be flexible enough to adapt to change. Be prepared to adjust your strategy as needed.

5. #Execute your strategy. This is the most important step of all. Once you have a strategy, you need to execute it. This means taking action and making sure that your strategy is working.

Here are some additional key takeaways from the book:

A. #Strategy is not a one-time event. It is an ongoing process that needs to be reviewed and updated regularly.

B. #Strategy is not about perfection. It is about progress. You will never have a perfect strategy, but you can always improve your strategy by learning from your mistakes and by making adjustments as needed.

C. #Strategy is about execution. It is not enough to have a good strategy. You also need to be able to execute your strategy effectively.

I hope these key takeaways help you on your journey to strategizing to win.

Thank you for reading 📖




How to Win Every Argument.pdf
2.5Мб
How to Win Every Argument

The use and abuse of logic


How to Win Every Argument


A WISE MAN ONCE SAID

1. Don’t call someone more than twice continuously. If they don’t pick up your call, presume they have something important to attend to;

2. Return money that you have borrowed even before the person that borrowed you remember or ask for it. It shows your integrity and character. Same goes with umbrellas, pens and lunch boxes.

3. Never order the expensive dish on the menu when someone is giving you a lunch/dinner.

4. Don’t ask awkward questions like ‘Oh so you aren’t married yet?’ Or ‘Don’t you have kids’ or ‘Why didn’t you buy a house?’ Or why don't you buy a car? For God’s sake it isn’t your problem;

5. Always open the door for the person coming behind you. It doesn’t matter if it is a guy or a girl, senior or junior. You don’t grow small by treating someone well in public;

6. If you take a taxi with a friend and he/she pays now, try paying next time;

7. Respect different shades of opinions. Remember what's 6 to you will appear 9 to someone facing you. Besides, second opinion is good for an alternative;

8. Never interrupt people talking. Allow them to pour it out. As they say, hear them all and filter them all;

9. If you tease someone, and they don’t seem to enjoy it, stop it and never do it again. It encourages one to do more and it shows how appreciative you're;

10. Say “thank you” when someone is helping you.

11. Praise publicly. Criticize privately;

12. There’s almost never a reason to comment on someone’s weight. Just say, “You look fantastic.” If they want to talk about losing weight, they will;

13. When someone shows you a photo on their phone, don’t swipe left or right. You never know what’s next;

14. If a colleague tells you they have a doctors' appointment, don’t ask what it’s for, just say "I hope you’re okay". Don’t put them in the uncomfortable position of having to tell you their personal illness. If they want you to know, they'll do so without your inquisitiveness;

15. Treat the cleaner with the same respect as the CEO. Nobody is impressed at how rude you can treat someone below you but people will notice if you treat them with respect;

16. If a person is speaking directly to you, staring at your phone is rude;

17. Never give advice until you’re asked;

18. When meeting someone after a long time, unless they want to talk about it, don’t ask them their age and salary;

19. Mind your business unless anything involves you directly - just stay out of it;

20. Remove your sunglasses if you are talking to anyone in the street. It is a sign of respect. Moreso, eye contact is as important as your speech.

21. Never talk about your riches in the midst of the poor. Similarly, don't talk about your children in the midst of the barren.

22.After reading a good message try to say "Thanks for the message".

APPRECIATION remains the easiest way of getting what you don't have....


THE SYSTEM WANTS YOU TO BELIEVE IN THESE 6 LIES...

You have to Wake up before it gets late:

1. News
The news is there to hack your attention. Not to keep you informed.
They want you to:
• Be Distracted
• Believe their lies
• Stay under their control
Observe with your mind not your eyes.

2. Failure
"You should avoid failure there is one correct answer."
Wrong.
Make mistakes so you can:
• Grow
• Learn
• Strengthen your skills
Nobody is born perfect. Embrace failure and see it as an opportunity to grow.

3. Work hard
You should work smart, not hard.
Don't get me wrong, it will still get hard sometimes, but they want you to trade your time for money your whole life.
1 Minute of your life is worth more than all money combined.
Stop valuing it more than your time.

4. Money
Until 1971, money was tied to gold, which gave money value.
Nowadays, money is tied to nothing. Money is basically worthless.
Learn how:
• To create money with no money
• To make money work for you
• Money works
or you will work your entire life for it.

5. Consumerism
Many people think fulfillment lies in materialistic things.
It lies in:
• Personal growth
• Relationships
• Self-love
and in contributing to something greater than ourselves.
You won't find fulfillment anywhere else.

6. Change is impossible
“Life is the way it is”
That's a lie. Life is what you make out of it.
Before you can live the life you want, you must become a person.
Change how you:
• Think
• Feel
• Act
and you can become almost anybody.


💵💡 8 NEW AI TOOLS FOR FREELANCERS

💵 1. Kickresume.com - An AI-powered resume builder that automates resume writing. Using GPT-4, it can generate tailored resume drafts in seconds. It also offers cover letter creation, resume optimization tools, and a library of resume examples. This helps freelancers and entrepreneurs craft professional resumes more quickly.

💵 2. Supercreator.ai - An AI video creation platform designed to simplify and accelerate video making without compromising quality. Leveraging computer vision and NLP models, it guides users through the video production process, condensing hours of work into just minutes. This appeals to content creators.

💵 3. Stockimage.ai - An AI design tool that simplifies creating high-quality visual elements like images, illustrations, and graphics. Powered by GANs, it generates customized designs tailored to projects. This appeals to graphic designers and visual creatives.

💵 4. Postdoga.com - An AI content repurposing platform that automates syndicating existing content across multiple social platforms from a single upload. This streamlines content distribution and appeals to social media marketers.

💵 5. Mysk.com - A platform for AI chatbot development without coding through an intuitive GUI. This platform empowers building intelligent conversational agents, appealing to businesses seeking automation.

💵 6. MeetCody.ai - A virtual assistant that automates routine business tasks through AI, simplifying workflows. This appeals to businesses seeking to streamline processes and focus resources.

💵 7. Repurpose.io - An AI-powered content repurposing tool that optimizes existing content for distribution on various platforms. This appeals to content creators seeking to maximize reach.

💵 8. Scovender.co - A free SEO optimization tool providing actionable AI insights. This appeals to online marketers seeking to improve organic search performance.


10 Lessons from the book
"BUILT TO SELL" 📚
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Creating a Business That Can Thrive Without You"
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1. The more your company relies on your personal involvement, the less valuable it becomes to someone else.

2. Building a business that can thrive without you is the ultimate test of entrepreneurship.

3. The best way to make your business more valuable is to make it less dependent on you.

4. The key to creating a sellable business is to build a company that gets customers, instead of relying on you to chase after them.

5. Standardize everything. A business that isn't dependent on any one person, including the owner, is the key to a saleable company.

6. The secret to cashing out through the sale of your business lies in knowing what buyers value.

7. Creating a sellable business means continually moving it toward a product or service that fulfills a defined need and has a predictable sales cycle.

8. Invest in systems and procedures to make your business as turnkey as possible.

9. The goal is to build a sellable company where someone else runs the day-to-day operations.

10. The process starts with the decision to turn your business into something bigger than yourself.

Thanks for reading

"Create a Business That Can Thrive Without You"

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