Home Business - Get Started in 2011 With The Ten Commandments
Stacy Johnson, author of Life or Debt 2010:A New Path to Financial Freedom, offers the most sensible financial advice around.
It offers the basic building blocks for anyone considering a home business start in 2011.
Get started in 2011 by making the Ten Commandment the foundation of your new business plan.
You will see a difference by yearend if you stick to the plan.
The Ten Commandments For Financial Independence: 1.
Thou shalt live like you're going to die tomorrow, but invest like you're going to live forever.
Understand, in no uncertain terms, that investing means investing over time.
No quick fix.
Investing required education, nurturing, religious attention.
2.
Thou shalt listen to thine own voice above all others.
If someone promises you the sky, turn away.
Listen to your gut and the voice of common sense.
3.
Thou shalt covet bad economic times.
Boom times generate a lot of wealth.
Actual creation of the wealth occurred when times were bad, when employment was uncertain.
Get to work now.
4.
Thou shalt not work.
Spend most of your waking hours doing what fulfills you, not what earns you money.
5.
Thou shalt not create debt.
Why pay interest if you don't have to?Johnson says it like this: Don't let the debt-monkey-on-your-back rule your life.
Living sans debt is a choice.
6.
Thou shalt be frugal- but not miserly.
The way to save is not to spend less-- spend less without affecting your quality of life.
7.
Thou shalt not regard possession in terms of money, but time.
If that new outfit costs $200, it isn't really $200, it's the time it took you to earn that price tag.
Nearly every resource you have is truly bottomless.
Your time on this planet, is limited.
Everything purchase you makeuses up the resource of your invaluable life.
Spend your life, your time wisely and the rest will follow.
8.
Thou shalt consider opportunity cost.
Closely connected to Commandment #7, opportunity cost refers to alternative applications for your money.
If, for example, you invested that $200, your savings will benefit.
Think about what you could have if you had invested the cost of those impulse buys instead.
9.
Thou shalt not put off till tomorrow what thou can save today.
Can you avoid that $3.
50 latte today and cut back?Start small and think big.
Engage the habits that will get you there.
10.
Thou shalt not covet they neighbor's stuff.
Envy is wasteful.
What makes you happy is the greatest source of richness you can build in your life.
When your life is over, you won't be thinking about your bank account.
You will be thinking of the quality of times shared with friends and family that is truly priceless.
Start your home business now, acting on what you love to do.
Follow the Ten Commandment, religiously, and your 2011, will change in more ways than you can imagine.
It offers the basic building blocks for anyone considering a home business start in 2011.
Get started in 2011 by making the Ten Commandment the foundation of your new business plan.
You will see a difference by yearend if you stick to the plan.
The Ten Commandments For Financial Independence: 1.
Thou shalt live like you're going to die tomorrow, but invest like you're going to live forever.
Understand, in no uncertain terms, that investing means investing over time.
No quick fix.
Investing required education, nurturing, religious attention.
2.
Thou shalt listen to thine own voice above all others.
If someone promises you the sky, turn away.
Listen to your gut and the voice of common sense.
3.
Thou shalt covet bad economic times.
Boom times generate a lot of wealth.
Actual creation of the wealth occurred when times were bad, when employment was uncertain.
Get to work now.
4.
Thou shalt not work.
Spend most of your waking hours doing what fulfills you, not what earns you money.
5.
Thou shalt not create debt.
Why pay interest if you don't have to?Johnson says it like this: Don't let the debt-monkey-on-your-back rule your life.
Living sans debt is a choice.
6.
Thou shalt be frugal- but not miserly.
The way to save is not to spend less-- spend less without affecting your quality of life.
7.
Thou shalt not regard possession in terms of money, but time.
If that new outfit costs $200, it isn't really $200, it's the time it took you to earn that price tag.
Nearly every resource you have is truly bottomless.
Your time on this planet, is limited.
Everything purchase you makeuses up the resource of your invaluable life.
Spend your life, your time wisely and the rest will follow.
8.
Thou shalt consider opportunity cost.
Closely connected to Commandment #7, opportunity cost refers to alternative applications for your money.
If, for example, you invested that $200, your savings will benefit.
Think about what you could have if you had invested the cost of those impulse buys instead.
9.
Thou shalt not put off till tomorrow what thou can save today.
Can you avoid that $3.
50 latte today and cut back?Start small and think big.
Engage the habits that will get you there.
10.
Thou shalt not covet they neighbor's stuff.
Envy is wasteful.
What makes you happy is the greatest source of richness you can build in your life.
When your life is over, you won't be thinking about your bank account.
You will be thinking of the quality of times shared with friends and family that is truly priceless.
Start your home business now, acting on what you love to do.
Follow the Ten Commandment, religiously, and your 2011, will change in more ways than you can imagine.
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