I am working at my desk. I hear a soft chime, and up pops an e-mail from one of my investors. He’s asking the same question he has already asked me three times in the last two months ago. It would take me an hour to research and answer his question, just as it would have taken me the first time he asked. Now my investor is upset and I am under increasing pressure to perform. What to do, what to do?
Delegate!!
Read MoreWhen I was a kid I earned comic book money by pulling dandelions out of the lawn in our back yard. My mother paid me one cent for each dandelion. A comic book cost ten cents. So every week I would try to find twenty or thirty dandelions to yank out. I liked comic books. One time I wanted to make a lot of money, and I remember talking to my mom in the back yard on a hot Sunday afternoon for more than three hours while I pulled out 600 dandelions. I think that was the day my mom stopped paying me a dandelion-pulling fee and I had to find comic book money elsewhere.
But here is the catch. I only earned a penny if I pulled out the whole dandelion, including the root.
Read MoreI have come to respect budgets.
A budget is nothing more or less than a plan, normally a money plan. If you think you will have $1,000 coming in this month, and want your outgo to equal your income, then you can list the categories within which you plan to spend your $1,000. Say $200 for food, $200 for car payments, $100 for recreation, etc.
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