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Financial Freedom Formula

What does financial freedom mean? Having enough savings, investments, cash on hand to be able to do the things we want to do, whether in our businesses or in our personal lives.

Financial freedom is quality of life for our families and ourselves. Is to have healthy finances (debt free) in our businesses. It means that the money is working for us, not us for it.

Imagine everything you could do in your business if instead of looking for clients to pay the bills, whether personal or from your business, you could do what you like, give the best customer service in anything you do because you know that the sale is going to happen anyway, since you don't have the need to urgently pay certain bills, which often forces to almost give away your products or services to achieve quick income so that you can get out of the financial problem.

Let's not go any further, let's analyze what happened and continues to happen unfortunately, with many businesses that have had to close because they...

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WhatsApp vs Telegram the new way of focusing on your business

Currently there are hundreds of platforms where we can communicate in different ways with our friends, family, clients and colleagues, but when we talk about professional communication tools, there are 2 applications that lead the market by far, we are talking about WhatsApp Business and Telegram. These rival apps started out as simple free instant messaging sites and changed the way of communication globally.

 

The impact that these companies has had worldwide is impressive, in 2009 the large companies that based their communication mainly on email, calls to the landline and mobile, have transferred more than 70% of it to these applications, creating Closer relationships with your collaborators, customers and suppliers, all at your fingertips and significantly reducing response time.

 

We are in an age where information is the most valuable thing we have and sharing information, images and videos with those who are part of our organization has become a basic necessity for...

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A new Era: A new Post-Pandemic World?

March 2020 looks so close and at the same time so far depends on the perspective from which we see it.

If we asked a mom with young children who used to work from home and her husband used to go to the office every day, imagine what she feels, a total total change in her life!!

Her routine was getting up, getting her little ones ready, taking them to school, going home and getting to work, organizing her activities while her husband left for work early. In the afternoon she used to go to pick up her children and perhaps returned to prepare dinner for everyone, play with the little ones, wait for Dad to have dinner together and put the kids to sleep.

And from one day to the next, everything changed! The children cannot go to school, the husband has to work from home, she continues to have the same job, with high demands, projects to finish, but now she has to juggle to be able to attend  the young children who don't entertain themselves, her husband cannot entertain them because...

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Best podcast for entrepreneurs

As we have discussed before, technology is an entrepreneur's best friend, and yet the acquisition of knowledge, the collection of information, and learning about new tools can be a more complex task than it seems especially when we seek truthfulness and the quality of the information we receive.

 

And it would seem that despite all these tools that help us save time and be efficient, we have less and less time to invest it in our knowledge, for this podcasts were created, small nuclei of information created by experts and inexperienced people sharing their experiences, experiences and failures to give you a point of view so that you can learn in an easy and fun way, you can find them on places like YouTube, Spotify, TEDx, SoundCloud or their own websites and streaming platforms:

 

  1. The Mind Your Business Podcast

 James wedmore in more than 400 episodes is going to take you through a journey of fun and dynamic podcasts revolving around different topics related to...

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5 Books for Successful Entrepreneurs

Regardless of the experience you have as an entrepreneur, whether you are starting your business or already have some successful ones, it is always good to learn from others and what better way to learn from the experts than by reading some of the best books for entrepreneurs. .

If you remember on our blog about Continuous improvement, your secret weapon to success, we talked about the importance of staying up to date, in his book The 7 Habits of Highly Effective People, Steven Covey mentions one of the 7 most important sharpening the saw habits.

In my case, I take advantage of my commute listening to audio books, instead of listening to alarming news or despairing of traffic, I take advantage of time listening to books that may be of benefit to my business.

Maybe you too need a little inspiration to speed up your engines, or you could use some tips on how to be a better manager and take your business to the next level. Whatever business advice you need to sit down to read or listen...

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10 rules to succeed by failing

Uncategorized Jun 15, 2020

Culturally we have been educated with the idea that there always has to be a winner and several losers, and we associate failure with loss without any reward. However, failure is a situation that depends 100% on the perspective in which you see it. Failure is the best friend of disaster, separates successful people from those who are not and this is only due to having the right attitude.

 

Failure is something that we will all experience at some point in life, and it is perfectly fine to take all the time you need to process it, the important thing is that when you are ready you see it with the best attitude, understand the experience acquired and return it to try with an intellectual advantage.

 

As the title says today I'm going to talk to you about how falls are lessons learned and not failures if you decide to face them and to understand this you must understand the following points:

 

  1. The first steps are ALWAYS the most complicated. This moment is crucial, when...
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Where do I start? 5 tips to manage change

We would have never imagined that we would have to get on a really long waiting line to get into the grocery store and that when we could finally enter we would find out that there are no more essential things like meat, eggs, vegetables, toilet paper, etc. because a lot of people panicked and made scary purchases. We did not imagine that overnight we would be locked up at home, that all the places we used to go would be closed.

No dining in our favorite restaurant, we can't go to the movies, to the theater, to an open-air concert, schools are closed, kids at home, our spring and summer vacations cancelled, and the news tell us that now that we can't go anywhere If we do not wear a mask and we must also be a meter and a half away from people, we cannot see our family, our parents, our uncles, our close friends. And what about the economy, markets to the ground, closed companies, people without jobs, empty streets, etc. etc.

Ufff just thinking about everything we lost from one moment...

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10 Qualities of a Successful Entrepreneur

Uncategorized May 25, 2020

The world is full of entrepreneurs who want to make a difference to make this world a better place, and if you are part of this group of people or are considering to become one of them, it´s very important to remember that being an entrepreneur, does not mean having a huge business project or a multimillion-dollar company, entrepreneurs are those people who seek to create and / or improve through innovation, processes, products or services around them, in order to create a good for their community and solve a problem of it.


These entrepreneurs have a series of qualities that make them achieve what they set out to do in the best possible way. These qualities can be summarized in the following 10:


1. The constant search for opportunities and initiative; This quality is born from curiosity, from knowing, creating, improving, and taking action to create solutions to the challenges you face every day. Sometimes it can be improving a process, innovating a product or a variant that...

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10 ideas to generate income from home

Every day thousands of new products and services appear and we feel that we can't compete, but as hard as it is to believe, there is a market for absolutely everyone. If you are thinking of starting a new business or launching a new product, you only need to do it intelligently and create a plan to ensure your success and create a lasting business.

The first thing that we have to take into account when creating an online business is clarity. Clarity in our strengths and weaknesses, in the industry in which we want to focus, in the type of company or business we want to create and how we are going to make our business profitable.

Something very important and that you must take into account is that we should never create a business for the simple fact of generating money ... What?
Yes, thinking only about money is a recipe for disaster.

The reason to create that business should be to solve a problem for others, to add value to your community and your customers and by default the money...

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Perfection, the enemy of entrepreneurship

There’s a saying that goes: “the perfect is the enemy of the good”. When we start a new project we want everything to turn out perfect.  This is based on the need to perpetuate an image that projects excellence, superiority and perfection and within all this, perfectionism is evident, however, this is one of the main causes that make us feel so stressed, anxious or dissatisfied sometimes.  Many times, the search for perfection paralyzes our progress.

It’s very difficult for a new development, be it a product or service, to be perfect.  It’s practically impossible for something to turn out perfect the very first time, no matter how much we planned for it. 

If we look for perfection above all, some new thing will always come up that will delay us because everything is able to be perfected, everything will turn into an excuse for not launching our projects.  It’s also not about jumping into an adventure without considering...

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