Some bosses are a complete nightmare – They’re never happy with your work, some are bullies, sometimes your face doesn’t fit, so wouldn’t it be great to be able to SACK YOUR BOSS! [Read more…]

As time goes on, the value of having multiple income streams becomes more and lmore apparent to me. The more income streams you have, the less trouble your life will have if one of those income streams goes defunct or experiences a downturn. Thus, I’ve been thinking a great deal about developing more income streams for myself.

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Larry Ellison is the CEO of the popular product based company Oracle. Oracle is popular all over the world for the database and also computing application based products. Along with having the position of CEO of oracle,  he also has huge amount of shares in various popular companies that include sales force, Astex pharmaceuticals, quark biotechnology as well as netsuite.

He is popular for his philanthropic nature.

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Charles is CEO if Koch industries. A resident of  Wichita, US. Charles shares the control of Koch industry along with David Koch who is his younger brother. There are many other sources that contribute to his wealth that include PetroLogistics as well as Flint Group. He is worth about 37.9 billion dollars. [Read more…]

David Koch  resides in New York. He  acts as Executive vice president of Koch industries which is a popular establishment. A professional chemical engineer but he is now mostly involved with business activities. He also participates actively in charity ventures and also political events.

He is a donor at American museum of natural history and also at the Lincoln Center.

Your location does not determine if you will be rich or not. You have to take the appropriate steps to achieve wealth.

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She is again a member of Sam Walton’s family. She is the widow of one of the sons of Sam Walton. She is also based in US. She inherited the fortune from her husband John Walton.

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He is the youngest of the sons of Sam Walton. He also lives in US and has got the

wealth due to the ownership that he has got on Arvest bank Group which is a family

business. He has also got good amount of share in the WalMart stores.

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“If you always do what you’ve always done, you’ll always get what

you’ve always got.”

– Henry Ford

 

To make 2015 your most lucrative year yet, you may have to do

some things differently than what you’ve done in the past.

Here are 15 action items that can put you ahead regardless of what

happens with the economy in the coming year and beyond.

 

1. Become your own CFO.

You can’t fix what you don’t know, so the first step is becoming

completely aware of your finances and where your money is going.

As soon as you start to understand your current situation in detail,

you will be able to identify leaks and simple solutions that will help

get you on your way.

 

Nobody cares more about your finances than you do (not even a

financial adviser), so it is on you to take control of your financial

future and direct it to where you want to go.

 

2. Go on a diet.

I’m not talking about what you eat. Identify one expense that isn’t

helping you achieve your goals, and cut it out for 30 days.

A simple expense to choose is cable television. The average

American watches more than five hours of TV every day. That is

thousands of dollars and thousands of hours often wasted each

year!

Try a TV (or other guilty pleasure) diet for 30 days, and use that time

and money on something more beneficial. I’m sure you’ll survive

without it just fine.

 

3. Be selfish.

When you get on an airplane, what do they tell you during the

safety instructions? “Put your own mask on first, and then help the

person beside you.”

 

It should be the same way with our time and our finances. Be selfish

and take care of yourself first, and then you can have more

flexibility to take care of others. The problem is that so many of us

put others first and then aren’t able to help ourselves.

 

4. Be selfless.

Although you want to be selfish with your time and money at first,

you also want to be selfless with your attitude. The wealthiest

entrepreneurs I know give, give, give, and focus on helping others.

By doing so, more money shows up in return.

 

5. Add another income stream.

One thing that I learned over and over again from the wealthy this

year is that they never rely on one income stream . They have

numerous sources, which protect them from changes in the

economy and also add up to the greatest numbers.

If you want to make 2015 your most lucrative year yet, your best bet

is likely to add another source of income.

 

6. Focus on passive and residual income.

There is only so much time in the day, so it’s hard to build wealth

quickly when you’re trading your time for money. Instead, the

wealthy focus on building income streams where they can get paid

over and over again for their work by putting their business or

money to work for them.

 

Examples of this include the investing, owning real estate, running

an online business, and writing a book. If you’re going to do the

work, you might as well get paid over and over again for your

efforts. Work hard, but also work smart, and you’ll much sooner

find the freedom you dream of.

Are you tired of struggling, and you want to be SUCCESSFUL. Now is the time to take a good step.

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