What does Sam Walton and Colonel Sanders have in common?
They both started from scratch and turned a small business into a multi-million dollar enterprise.
I’m sure you’re familiar with Sam Walton’s Walmart, which is the world’s largest company in revenue, according to the Fortune Global 500. You’re probably also familiar with Harland Sanders, also known as Colonel Sanders, and his giant fast-food chain, Kentucky Fried Chicken. KFC actually ranks 2nd in sales among fast-food restaurants, only trailing behind McDonalds.
Here we have two companies with thousands of stores and millions in sales. Many would consider them among the ranks of other “evil corporations” that under-pay and simultaneously hurt the economy. You don’t have to go far to find an article about Walmart and how unfairly they treat their employees or about how they’re too big for their own (or anyone else’s) good.
So where is the line drawn? At what point do these small start-ups turn from being “just another business” to being corrupt, evil or too dominant?
You’ve heard how important it is to fund your own retirement.
You’ve heard that Social Security
may not won’t be there for you.
You’ve heard that you need to be investing in some type of IRA, 401k or some other retirement account that must be an acronym and may include numbers. However, you may not realize some things about those retirement accounts.
No worries! I’m here to let you know about six common retirement account misconceptions. So here they are…
Do you take advantage of your mornings? Or are you the type that likes to slip out of bed just in time to rush into work five minutes late?
You have about 25,000 mornings in your adult life. Make them count.
After you see these positive productive ways to start your day, I think you’re going to change your routine if you’re not already waking up early…
Time is like money – if you don’t tell it where to go, you won’t know where it went until it’s gone. And sometimes you won’t even know where it went after it’s gone.
In order for you to really maximize your hours everyday, you’ve got to know where your time goes, especially with the things you do day in and day out.
So before you start planning every minute and scheduling time for the most important things, you’ll need to figure out where your time is going right now. Start by asking yourself these questions…
Rich Dad, Poor Dad was one of the first books I ever read on finances.
I figured out about the book through a network marketing business I was involved with, though that didn’t really end well.
I enjoyed the book. I felt like it changed my mindset – mostly the way I thought about money and college, but a few years later, I started to notice that Robert had his fair share of naysayers. Most successful people do, so I didn’t think much of it, but then I read that he may be a fraud.
Furthermore, I learned that he may not practice what he preaches and that’s a big deal to me. If I’m going to learn from someone, I want to make sure they have achieved the results I am looking for; otherwise, I’ll go find someone who has.
That’s when I decided to do my own research. Here’s what I learned…
“There are few uses for a smart phone that are more productive than listening to a good podcast.” -Abraham Lincoln
If you’re into podcasts, you know there are thousands to choose from.
It can be overwhelming to find the best ones. And how do know which podcasts are the best? Reviews? Ratings? Recommendations?
I’ve been listening to podcasts for years and I’ve listened to the good and the bad.
I could put together a list of the top 100, but I’ll save your time. Why subscribe to hundreds of podcasts when there are plenty of old episodes to go through?
Even if you just listen to few, you’ll be busy browsing the archives for months if not years. So here are the top 10 best podcasts on productivity for 2015…
Sure, you can set an automatic transfer from your checking to your savings each month, but with that you still have to set the transfer amount.
With Digit, you don’t even have to do that.
It’s an intelligent service that not only saves your money automatically, but it determines how much to save by how much you can afford. You literally just link your account and forget about it. Digit does all the work for you.
I had a few questions, so I set up an interview with the founder of Digit. Here’s what I figured out and how you can use Digit for automatic savings…
Do you have cable? If so, how much do you pay? It might be more than you think.
I have internet. You probably knew that. However, I don’t have cable. You may have known that too. However, my internet provider offers cable packages, as most do.
This month, I received a letter from my internet provider informing me that basic cable is now free. Yes, free. As long as you don’t want billions of channels, you can now watch cable TV for free. You can also get a home phone line for free, but does anyone really remember what that is?
Apparently, basic cable is considered a “need” in the U.S. now. That’s why they’re doing this. The government says people need the news, thus, people need basic cable. If that were the case, one would think they would only give you the news channels for free. I guess that would make too much sense. Either way, I’m sure everyone who is getting it for free is only watching the news anyways, right??? Yeah…I know.
When I got this letter, my first thought was “oh, we could hook it up and have basic cable” and then my wife and I started to calculate the real cost of cable. Beyond the monetary costs. You might be surprised…
Dollar stores are interesting because they make their money by charging a dollar for everything.
So that means things that are typically $2 or $3 are only a dollar at the dollar store. That also means some things that are typically 50 cents are also a dollar at the dollar store.
Then there are stores like Dollar General, which isn’t really a dollar store at all, if you’re going off the “everything’s a dollar” idea. I suppose Dollar General just means everything is generally…close to a dollar, which is more accurate, but still a little shady if you ask me.
I want to be clear that this list is talking about dollar stores where everything is actually…*drum roll please*…a dollar. Dollar stores can save you money, but if you use them for all your shopping, you may be wasting some money. Also, it’s worth noting that some dollar stores accept coupons and that can be quite lucrative, so check into that with your local stores.
Here are 15 things you should generally buy from the dollar store and some ways to save even more money…
A couple weeks ago I wrote about the most important element of your productivity.
I talked about how energy is the foundation of your productivity. Without energy, you’re not going to do much at all.
Exercise is a big part of that. But a bigger piece of the energy puzzle is your diet.
How are your eating habits? Do they promote energy or diminish it?
If you want to adopt a healthier lifestyle and start eating better, I’ve got good news! It doesn’t have to be difficult and torturous. It’s actually quite simple. If you take it slowly.
Here are 5 ways to gradually adopt healthy eating habits over time…
I’m sure you know you should always read your insurance polices carefully.
Insurance companies like to make you think they are offering more coverage than they are. They also like to distract you from reading the fine print.
In fact, some insurance companies can completely drop your coverage just because you use it.
That’s right, in certain states, insurance companies are allowed to drop you if you file a certain amount of claims within a certain time period. In several streets, you only have to make two claims before they can decide that you’re not worth it and drop you.
Those are all great reasons to watch your insurance company like a hawk, but we’re actually not here today to talk about insurance companies. Yes, be aware of all of those things, but there’s something else you need to be aware of and pay attention to: your health insurance.
Yes you need to check your coverage and read the fine print, but who you really have to watch is not the actual insurance company, it’s the places that take your insurance…
I just released the top 75 books on personal finance and it was insanely popular.
Now it’s time for the “best of the best” productivity list. Yes, that’s a total of 150 books I’m recommending. I hope your to-read list is growing! I’m here to help with that.
I’ve been reading on productivity for years. Just like with personal finance, I’ve read some amazing books and some…not so amazing books.
I’ve decided to leave the not-so-amazing books out off the list. You’re welcome.
These books are not just the best books I have ever read on productivity; they are books that have changed my outlook (for the better) and helped me to achieve things I never would have believed I could do. Prepare to seriously become more productive…
There I was. 21 years old. $24,000 in debt.
I thought it was normal. I thought everyone had car payments. I thought debt was the only way of life. The American way.
I also couldn’t sleep at night, because I was so stressed. I had no plan for an emergency, other than to go into more credit card debt.
That’s when I got angry. A good motivating, driving anger. An anger that ultimately lead me and my family out of debt.
I realized that debt was controlling our life. And I wanted to be in control. So, I started reading…
I’ve read articles, books, guides…pretty much anything you can think of, but I’ve noticed there’s something that gets skipped over a lot.
This is probably the most important part of productivity, yet it’s usually mentioned in a sentence or two and then forgotten.
What is this mysterious piece of the puzzle? I’m glad you asked, let me tell you…
From Warren Buffett to Oprah Winfrey, there are some common traits in the habits of the richest people in the world.
And I’m not talking about the habit of inheriting a lot of money.
That seems to be one of the main reasons people think they can’t become wealthy. They think that the rich come from rich families and they never had to work for anything in their life.
Not true. At all. In fact, most of the richest people either work or have worked harder than any of us and that’s exactly why they are where they are.
As you’re about to see, 68% of the 400 Americans on the Forbes 2013 “billionaires list” are considered “self-made” billionaires. Meaning they built, rather than inherited their fortune.
That doesn’t really tie in to the belief that the rich didn’t work for their money. Of course, as we all know, the point is to make your money work for you, but sometimes that takes work in itself!
Let’s see what we can learn from the habits of the wealthiest people in the world…