Get Financially Fit!
Archive for August, 2007
Dreams Do Come True
Aug 12th
This YouTube video is spreading fast. If you haven’t seen it yet, let’s do a quick recap. Paul Potts auditioned on the UK show, Britain’s Got Talent (BGT). One of the BGT judges is none other than Simon Cowell who is also a judge on the popular US television series, American Idol.
What the heck does this have to do with financial fitness? Am I just going overboard with the new video feature?
Watch this video and then Google Phil Potts. Be prepared to follow this man’s amazing journey which started with just a dream. There’s a saying for those who want to change their life for the better. First you need to conceive, then you have to believe. Success doesn’t just happen by chance; it starts with you.
Congratulations to Paul Potts. His story should inspire all of us to reach for the stars and set some big goals in life. He even surprised Simon, who also happens to be a very successful business person!
See Paul’s audition below and then check out his final result on YouTube and the BGT website.
An Alternative to Franchising?
Aug 12th
I would rather earn 1% off a 100 people’s efforts than 100% of my own efforts.
- John D. Rockefeller
On August 10th, I referenced an article about franchising. I have now decided to write about another viable alternative that allows one to build a business part-time with a lower cost of entry right from home.
Forum Update
Aug 11th
I just completed an upgrade of the Forum. Almost all of the updates were “behind the scenes”. However, as part of this effort, the Forum now supports videos. This feature is long overdue considering the popularity of YouTube and other similar video websites. To test this feature, I decided to pick a familiar video from Rhonda Byrne’s hit, “The Secret”.
Let me know what you think or if you have a video you think should appear in a future post. Enjoy!
Thinking of Franchising?
Aug 10th
If you’re thinking of building a business through franchising, you should probably read Jessica Dickler’s article, “The do’s and don’ts of franchising”. While franchises have a slight edge over businesses that are built from ground up, starting a franchise is anything but a sure thing.
As the article mentions, doing proper due diligence will increase your chances for success at the start. After all, there are many franchise opportunities available. Not all of them are the same (i.e., years in business, profitability, # of franchise in operation at various locations, franchise support).
Read the article to get more insights and tips.
The Richest Man in the World is…. not Bill Gates
Aug 7th
That’s right. Carlos Slim Helu of Mexico has now surpassed Mr. Gates. What’s even more interesting is how this man made it to the top.
Fortune magazine’s senior writer, Stephanie M. Mehta provides the details in her article, “Carlos Slim, the Richest Man in the World”.
The article does not really go into great detail about the rise to fame of the elder Slim. After researching on the web, I gather that Slim’s father, Julian Slim Haddad, passed on his business acumen to Slim.
For those of you Kiyosaki fans, it should be noted that Slim is both an astute investor and business owner. This is a friendly reminder that those of us in the employee and self-employed quadrants need to stop trading time for dollars.