MILESTONES | in business @BizTalesToShare
MILESTONES | in business is a media agency for entrepreneurs. Sharing business news, tales and words of wisdom to help you grow. #AnotherMilestoneAhead milestones.business Newcastle upon Tyne, UK Joined September 2017-
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You want to get rich... build relationships with accountants. They understand the game. 10 accounting terms you need to know in under 3 minutes:
Learn what underlies demand for property and which strategies investors can apply to stay profitable throughout the real estate cycle. Read more about the diploma: courses.lsfl.org.uk/professional-d… #RealEstate #RealEstateFinance #PropertyInvesting #Investment #Finance #Economics #Research
Study "Taxation (UK)" at London School of Finance and Law! Course length: 6 months Read more about the advanced certificate: courses.lsfl.org.uk/taxation-uk/ You may be eligible for tuition funding. #Education #CPD #Accounting #Taxation #TaxLaw #TaxTwitter @LSFL_ProfDev @MyTaxesPlus
I am a financial planner that works with the wealthiest 1% of people in their 30s and 40s I wish everyone understood these 10 critical lessons about finance:
"No company has ever failed by having millions of delighted customers. Delight 1 at a time and don't stop." —Warren Buffett
@Codie_Sanchez You want to get “rich” figure out a way to make other people’s lives more efficient or productive and then do it at scale.
"Investing is overwhelmingly a game of psychology. Almost invariably the best investors are the people who have control over their emotions." - Morgan Housel Study behavioural finance, investment and wealth management and business psychology at LSFL: courses.lsfl.org.uk/a-to-z-of-lsfl…
If you want to get rich, master negotiation. • A salary raise • An investment • Business deals It doesn't matter. 13 negotiation secrets from 20+ years in business (that have made me millions):
If you feel like giving up... read this: If you're going to try, go all the way. There is no other feeling like that. You will be alone with the gods, and the nights will flame. You will ride life straight to perfect laughter. It's the only good fight there is. ― Bukowski
A shift I'm making: Defining my success by being proud of my work. Not by revenue. After years of studying entrepreneurship, I found the best entrepreneurs take care of the work first & the money follows.
My richest mentor told me... "I win more for one reason. I move fast. By the time most people are done analyzing, I've already made three mistakes and found a better way."
Everyone talks about the same companies every day. Uber. Google. Facebook. Tesla. It's corrupting our youth. Here’s how Silicon Valley misled an entire generation about startups and wealth (and what you can do about it):
"Those who keep learning will keep rising in life." - Charlie Munger Choose an LSFL course to support your personal and career growth - study anytime, anywhere! View all courses in finance at LSFL: courses.lsfl.org.uk/finance/ #Career #Finance #Investment #Money #Wealth @LSFL_ProfDev
The delusion of hard work: To feel like you should be compensated for the amount of work you do instead of the amount of value you create. There is a massive difference.
If you understand people, you can build nearly any business you want. Study: - Sales - Marketing - Psychology Always start with people. Then build.
@patrickdichter Sound advice - rushing in to an acquisition is a recipe for disaster. You need to have an idea of why a business is successful, and how you’ll make it even more successful before you submit a bid
I said “this should be your decision but wait a week and here’s your homework:” - find 5 other coffee shops for sale on bizbuysell and get a baseline for COGs and labor - join 3 coffee shop owner Facebook groups. Ask their feedback on daily sales, payroll, and margin - build a…
“I’m about to buy this coffee shop for $X. Can you do our accounting?” Nope. Because you’re not buying that business yet. Seller won’t give full financials, seller is contentious, attorney recommends stock sale for no clear reason, buyers family member was going to take a 2nd…
There is infinite money to be made. Once you see the world of through a lens of opportunity, it’s endless.
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1. Gross Margin The basics. This is the difference between what you make & what it costs to make it. Revenue - Cost of Goods Sold (COGS) = Gross Margin The lifeblood of profitability.
You want to get rich... build relationships with accountants. They understand the game. 10 accounting terms you need to know in under 3 minutes:
Learn what underlies demand for property and which strategies investors can apply to stay profitable throughout the real estate cycle. Read more about the diploma: courses.lsfl.org.uk/professional-d… #RealEstate #RealEstateFinance #PropertyInvesting #Investment #Finance #Economics #Research
Study "Taxation (UK)" at London School of Finance and Law! Course length: 6 months Read more about the advanced certificate: courses.lsfl.org.uk/taxation-uk/ You may be eligible for tuition funding. #Education #CPD #Accounting #Taxation #TaxLaw #TaxTwitter @LSFL_ProfDev @MyTaxesPlus
I am a financial planner that works with the wealthiest 1% of people in their 30s and 40s I wish everyone understood these 10 critical lessons about finance:
"No company has ever failed by having millions of delighted customers. Delight 1 at a time and don't stop." —Warren Buffett
@Codie_Sanchez You want to get “rich” figure out a way to make other people’s lives more efficient or productive and then do it at scale.
"Investing is overwhelmingly a game of psychology. Almost invariably the best investors are the people who have control over their emotions." - Morgan Housel Study behavioural finance, investment and wealth management and business psychology at LSFL: courses.lsfl.org.uk/a-to-z-of-lsfl…
If you want to get rich, master negotiation. • A salary raise • An investment • Business deals It doesn't matter. 13 negotiation secrets from 20+ years in business (that have made me millions):
If you feel like giving up... read this: If you're going to try, go all the way. There is no other feeling like that. You will be alone with the gods, and the nights will flame. You will ride life straight to perfect laughter. It's the only good fight there is. ― Bukowski
My richest mentor told me... "I win more for one reason. I move fast. By the time most people are done analyzing, I've already made three mistakes and found a better way."
A shift I'm making: Defining my success by being proud of my work. Not by revenue. After years of studying entrepreneurship, I found the best entrepreneurs take care of the work first & the money follows.
"Those who keep learning will keep rising in life." - Charlie Munger Choose an LSFL course to support your personal and career growth - study anytime, anywhere! View all courses in finance at LSFL: courses.lsfl.org.uk/finance/ #Career #Finance #Investment #Money #Wealth @LSFL_ProfDev
Everyone talks about the same companies every day. Uber. Google. Facebook. Tesla. It's corrupting our youth. Here’s how Silicon Valley misled an entire generation about startups and wealth (and what you can do about it):
If you understand people, you can build nearly any business you want. Study: - Sales - Marketing - Psychology Always start with people. Then build.
The delusion of hard work: To feel like you should be compensated for the amount of work you do instead of the amount of value you create. There is a massive difference.
@patrickdichter Sound advice - rushing in to an acquisition is a recipe for disaster. You need to have an idea of why a business is successful, and how you’ll make it even more successful before you submit a bid
“I’m about to buy this coffee shop for $X. Can you do our accounting?” Nope. Because you’re not buying that business yet. Seller won’t give full financials, seller is contentious, attorney recommends stock sale for no clear reason, buyers family member was going to take a 2nd…
I said “this should be your decision but wait a week and here’s your homework:” - find 5 other coffee shops for sale on bizbuysell and get a baseline for COGs and labor - join 3 coffee shop owner Facebook groups. Ask their feedback on daily sales, payroll, and margin - build a…