Personal Development Academy: value

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Showing posts with label value. Show all posts
Showing posts with label value. Show all posts

Thursday, 4 January 2018

The Benefits of being Self Motivated in All Undertakings

January 04, 2018 0

The Benefits of Being Self Motivated in All Undertakings

Taking responsibility for your own success is the best and only shortcut to success. Therefore, you should know that you are who you want to be and the limit is just within your definition. So what does this mean? It means that individuals need to be self-motivated when pursuing a destiny in their life. The inspiration to wake up every morning and do what you are supposed to be doing should come from yourself and not forced on you by someone else. It is intrinsic, not extrinsic. Everyone knows what, they want and therefore you only can drive yourself to success. Here are some of the advantages of having intrinsic motivation.


You Will Not Find Any Possible Barriers

When a person is self-motivated, there is nothing like impossible since the person will work on anything that looks like a barrier and eventually make it to the other side. On the contrary, when the force is coming from someone other external force not related to the individual, it is very easy to give up and therefore the goal is not achieved. The driving force first is usually from an external source, and therefore you just work under supervision. When this person or source of power is not present, you just give up when you are faced with a barrier. This is not the right way of going by the things you have to do so as to get to the destination. Therefore, individuals should learn to be self-motivated so as to hit the targets easily.


You Value the Goal and So You Are Going for It

People will have intrinsic driving force when they value the goal. When you know what exactly it is that you want, you will ultimately go for the goal, and this is because it impacts your life directly. In short, the motivation is based on the satisfaction offered by the goal that you have set. On the contrary, when the goal benefits the other parties, (because you see it that way) it then becomes very hard to keep going.
This is sometimes the case in a workplace where the staff might see there is no need of burning midnight oil, yet the job you are doing is benefitting someone else, and your salary is just fixed. This is also the reason why some companies pay sales staff based on commission so that they can stretch themselves to the limit.

You Will Leave No Stone Unturned

Think of the miners, they will literally dig down the furrow even after exhausting the precious stone that was on the site. When they leave that site, don't be surprised when others come to scope anything that might be left there. When a person`s inspiration is coming from the inside, this is usually the case. Therefore you will make sure that you have done all the tasks just to achieve the goal that is in front of you. On the contrary, you will just be waiting for the time to pass so as to leave the office no matter how much work is on the waiting tray.

Intrinsic driving force is the best form of motivation you should have to achieve life goals.

      Article Source: http://EzineArticles.com/9827610
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Tuesday, 12 December 2017

Why invest in Properties with Phoenix Bluebird Properties

December 12, 2017 0

Invest In Property


Although there are many options for investing, property investment is one of the favorites. There are at least 9 reasons why we should invest in property and not other types of investments:


1. The power of "Leverage"

To invest in our properties have the option to not use 100% of our money, but by using other people's money (OPM). One of the most common source is the money the bank loans. Depending on the country where we are, we usually can get a loan from banks ranging from 70% to 95%. In this case we only need to spend down payment of 5% to 30% of property price. This also means that leverage is approximately 3.3 to 20 times.

2. Relatively low risk

In general, investment in property is not like investing in the stock market where prices in one day can go down and up quite significantly. Only in certain situations where the economy was bad, property investments may be affected slightly. When compared with other investment types, such as opening a business, saving money on deposit or invested in stocks, property investment has a lower risk than those investments. If we look at the risk compared with income potential, the property has a relatively low risk with good potential income from rents and capital gains.

3. Two sources of income: rental and capital gains

Property investment offers a combination of rental income and capital gains. Investing in property is not only going to give us a positive cash flow but also the potential capital gains depends on property price increment


4. Full control to increase the value of property

If you have a property, you have full control of how you will increase the value of the property. There are many ways that can be done to increase the value of property, ranging from very simple things like painting the property. Other ways are to buy a few accessories or cosmetics, and renovations. These activities are very important especially when we want to rent or sell property. Some people do small renovations to increase the value of the property so that owners can sell at prices much higher.

5. Safe and sure investment in the long term

Property prices usually will not fluctuate so much. In general, it may take some time for property prices change over time. This is different from the stock market for example where prices can change dramatically in the evening.

6. Protection against inflation

Unlike a savings or deposits where interest is given is usually much lower than the rate of inflation, property prices usually follow at least the inflation rate. In this case, investing in property is still a better option to protect them from inflation.

7. A good vehicle to achieve financial freedom

Using rental income to generate positive cash flow, it is possible to achieve financial independence after a few years depending on the level of success of each person in the property investment. For example, if a person has income of $3,000 per month, that person can be financially free by making cash $3,000 per month with 5 properties with each property generate positive cash flow of $600 per property per month. Consider it a small house or row house, $600 rent would be very reasonable and quite conservative in this regard.

8. Can reduce the tax burden

Founded the company and buy property using the name of the company can save taxes. Rental property can be considered as income taxes and usually will apply only after deduction of all expenses charged. Buying property on behalf of the company will be more profitable than buying on behalf of individuals.


9. Become rich through property

Property investment can bring people to become truly wealthy. The key to wealth in property is through capital gains. For example, someone is investing in an apartment for $500K price with a down payment of $50K. Monthly rent of the property sufficient to pay the bank monthly installments, so automatically, financed by a bank installment monthly rent. After 20 years, the property has been paid in full and the price has been appreciated for example, to $1M (this is conservative, because the property prices in general will increase triple or even quadruple in 20 years). In this case the net profit from investment ($1 M - $50K) = $950K. If this person has 3 apartments and a total net profit would be almost $3M in 20 years. This guy really has become a millionaire with property investment.

   

Article Source: http://EzineArticles.com/3897224

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