Achieving the financial independence is a dream for most of us, but it requires the planned efforts and right implementation which can bring your dreams into a reality. Every big thing starts with one step at a time and with your consistent efforts you too can achieve the financial independence. The realization of the financial goal is a step by step process, exploring each step during the journey and taking the right decision.
I will be discussing such important steps in this post which will lead to the realization of the financial goal.
There are broadly two ways to grow as an entrepreneur, one is to explore the new things another is to maintain the existing one by killing or eliminating all the negatives from it. Well, the latter form of the improvement does not look attractive to the others but actually, it is one of the effective ways to grow by improving your existing process.
The things or the activities you do every day in your life determine the quality and the worth of your time. The value of time is nothing but an integer value of the quality of work you do in a whole day. This metrics is important because it serves as the measure of your growth, enabling you to know the present worth. The value of your time is done by calculating the value of the repeated activity that you do continuously for a period of time. These activities could be as follows:
Thomas Alva Edison was born on February 11, 1987 at Milan, Ohio of United States of America. He was the inventor and great businessman of his times. He had the most number of patents in his name, which includes 1093 US patents along with patents in Germany, UK and France. His most popular inventions Phonograph, Motion Picture Camera and the Electric Bulb made great influence in the lives of people around the world. He was called “The Wizard of the Menlo Park” and he was the first few contributors to apply the principle of mass production.
It was Thursday afternoon and I was sitting on my chair and was little depressed, not feeling to do anything constructive even after making many failed attempts of pushing myself towards the work.
Before further crossing the next limit of frustration and boredom, I pulled myself back and consciously thought to find out the probable reasons behind my mood swing.
I run the start-up called Aditya Greens which is a platform for the Green Entrepreneurs. My day is filled with important, urgent and often the trivial tasks. I always try to accomplish important tasks but when I assess my progress I end up doing more of trivial things and the urgent things than the important ones.
Today, the life is very busy where people are engaged in the pursuit of their materialistic goals. We have engrossed ourselves to such an extent that we often fail to appreciate the real things which actually matters in life. But these moments are strong enough to let anyone feel their amazing effect, bringing smile on the face.
Those who are financially literate prefer to invest in the stock market while others delegate this to their consultants to start their financial journey. We generally hear the terms Growth Investing and the value investing in the financial world but most of us are not exactly clear
There is an inherent risk associated with every investor who invests in the stock market and this risk needs to be diversified for the optimum growth of the portfolio. The health of the portfolio reflects and tells the growth story of the investor.
The terms investment and the expense are the two sides of the same coin. It is how you perceive them. If you perceive for the short duration then it is an expense and the long horizon makes it as an investment.