THESE THREE LESSONS SCHOOL DON’T TEACH US
Yes you read right , these three lesson school, college or other educational institute dont teach us . these three lesson add value to your career , financial wealth and corporate life. Not sure what you want to do in your life ? are you still in school and wondering how you can become successful? or are you young and wan to know whats the best way start to start for success? then this post gives ultimate advice for students and young people on how to succed in life. and the three lessons are ,
- Money can be grown on tree
- Personal branding
- finance
1.MONEY CAN BE GROWN ON TREE! 😯
Yes read it right.But how?🤔You always hear from parents, when you want to purchase something.
“Money doesn’t grow on Tree” 😖
Well, may be they are wrong.They are lacking knowledge and giving you wrong information unknowingly. But how to grow money on tree?For a tree to grow, first it require seed… This seed will be your first investment from which you start. 🙃Invest in low expense ratio index fund(less then 0.2%) ✌️Invest atleast 10% of your salary or 25% of your pocket money every month(the more the better) Next for a seed to grow into tree, it require proper nutrients, sunlight and water 😟Patience on your investment is like nutrients for your tree. Living below your means is like sunlight for your tree.
Consistency is like water for your tree. 😌Be patient for atleast 20 years(the more the better) Save every little penny by living below your means 🙂Consistency of regular investment of 10% of your salary will be like watering your investment tree. With this little bit of work you can grow your money tree which will give you money rather then fruits.
Retire happily.
2.PERSONAL BRANDING
THE ROCK is not just a WRESTLER 😯,RONALDO is not just a FOOTBALLER 😮,MICHAEL JORDAN is not just a BASKETBALL PLAYER 😲
Your personal brand is your reputation. And your reputation in perpetuity is the foundation of your Business.~GaryVee 🥳
People or Businesses don’t understand this. Playing the long game and building your reputation always pays out. 😰But the issue is, people or Businesses see others getting ahead in the short term at the expense of their long term personal brand. And so, they get tricked. 😏Instead of being patient, they go for the quick sales.They keep trying to convert customers on the first interaction. 😶They try to extract money, instead of creating an experience.Brand is how someone feels in the moment when they interact with you or your business. 🤩The best companies in the world dont sell, they brand.For example, Apple never tries to “convert” you into buying an iPhone. Instead they paint a picture of the “iPhone experience.” They focus on branding. 😍
Personal Branding demands the same. Small businesses or Individuals focus on quick sales instead of creating an experience with the customers. Quick cash and extracting money from them don’t last long.
You must focus on providing Value and Care to them.
Not saying you should never sell. But personal branding is a disproportionately valuable factor that most people just don’t focus on. It helps in Long run. 😇
3. FINANCE
As like other subjects Finance also has some principles. So let’s see the Principles of Finance.
There are six foundational principle that can be use to study finance.
1. Money had time value -A dollar earned today will be more valuable than dollars earned tommorow. And this is because of continuous rise in inflation.
2. Relationship between risk and rewards -The higher the reward, the greater the risk. This principle suggests that making a high-risk investment is a waste of resources if the return is small. It reduces the risk of the investor losing their gains.
3. Diversification of Investment -It allows investors to distribute investment and risk. This is important because lack of investment diversity can increase the investor’s market risk.
As they say, don’t put all your eggs in same basket.
4. Financial market are efficient in pricing securities -
The market follows news on a company, future forecasts, supply and demand, and other factors. This may not best for strategy for investors as financial environment is always changing.
5. Manager and stockholder objectives may differ -Manager will do what is best for their business while Stockholder will be focused on how to maximize the profit.
6. Reputation Matters -Reputation has a significant influence on an investor’s decision whether or not to invest in a financial instrument.For example, investors would rather buy shares in Microsoft than Enron
