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Leading the Way

Many small entrepreneurs start their businesses as ‘one-man’ shops, taking on the responsibility for all the tasks required to keep the operation running. They are receptionists, product developers, accountants, marketers, deliverymen, and janitors all rolled into one.

Once the inevitable burn-out of trying to fulfill all these roles sets in, it gradually dawns on the entrepreneur that other people will need to be hired or contracted to carry out these services. As the organization grows, the business owner will need to take on a challenging new role – that of leader.

Just like any other job function, learning how to become an excellent leader will take both book knowledge and experience by trial and error.

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The 7 Cardinal Virtues of Money

When you take a look at the way the world runs, you could be forgiven for thinking that it pays to follow a less than honorable path in life. There’s lots of money to be made in the pursuit of nefarious activities, and they often provide a tempting lure for those who seek to get rich.

On the other hand, you will see decent, law-abiding citizens who have made positive contributions to society, struggling to make ends meet. In some cases, taking the righteous route can actually work to your detriment. When it comes to money, is there any value in being virtuous?

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Personal Financial Tips

  1. Pay your bills on time.
  2. Eat more at home and less out.
  3. Take your food to work.
  4. Forgo the ice cream store and pop popcorn at home.

More Financial Tips

Stocks

Stocks

Stocks are generally liquid investments. Prices of stocks fluctuate up and down and the returns of stocks are not fixed.

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Bonds

Bonds

“Buying bonds” means lending money to government, municipality, corporation, federal agency or other entity known as the issuer.

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Mutual Funds

Mutual Funds

Mutual fund pools money from hundreds and thousands of investors to buy a portfolio of stocks, bonds, real estate, or other securities, according to the investment goals of the mutual fund.

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