Work / Life Balance

4 lessons Greece hasn't learnt from The Greek Financial Crisis.

 
What Greece did wrong - Germany did right.Greek Financial Crisis like Berlin
 
After the 2nd World War the German Deutsche Mark was worthless and they owed the world billions in reparations.
They couldn't borrow money anywhere (like Greece).
They determined to adopt a culture of saving to get what they needed before saving for what they wanted.
This culture of savings has persisted to this day.
 
Germany has one of the lowest debt to GDP rates in the world and has an envious fiscal surplus.
 
 
 
 

Paul Johnson Missing Piece Marketing4 of the wisest lessons from the Greek Financial Crisis.

 
  
  
  Lesson 1: Give away the first 10% of your income, before you feed your family or the mortgage. The world's wealth belongs to those who are the givers. Trust me, it works.
  
  Lesson 2: Save the next 10% until you have $1000. This is not 'rainy day' money - this is your 'wellspring' -  your 'Principle Savings'.
  (Never stop adding to it. Continue to save 10% from your wages until you retire.)
  
  Lesson 3: When your 'Principle Savings' has grown to $1100 (10% growth) with interest, re-invest $100 in something riskier (a higher return than just interest bearing deposits.)
  
  Lesson 4: When that riskier investment earns you 10%, take that $10 and re-invest in something really high risk (really high return).
 
  The Rule:
  Never let the Principle Savings go . . .
  Preserve the principle at all costs.
 
Follow this and you will never be in the same position as Greece - owing more than they can afford.
 
Money will then be your slave and not your master.
  
   “Whoever loves money never has money enough; whoever loves wealth is never satisfied with his income. This too is meaningless.”  Ecclesiastes 5:10

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Paul Johnson

Missing Piece Marketing

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© Paul Johnson 2015 Missing Piece Marketing

 

What's on your 

'stop doing' list?

Work smarter not harder.
Do you ever wish you could just stop working and enjoy what you've worked for?

I know, you went into business with the dream of 'Self Determination'. You dreamt of being your own boss.work smarter not harder

Now it seems the business runs you, rather than you running the business!

I have some wise words from my mentor (yes, I have a business mentor too).

Sean D'Souza from psychotactics.com expressed it so clearly I had to get his permission to share it with you, (he agreed):

 

Life is not a dress rehearsal

in a kaleidoscope parade,
it’s a time of guts and thinking,
it is honour unafraid.

Life is not a dress rehearsal,
that fools and jesters crave;
it is helping, winning, serving,
it is finding better ways.

Life is not a dress rehearsal—
it’s opportunity and chance;
it is maker of the man,
not a thing of circumstance.

Thoughts on life

A Life that Matters

Live a life that matters

 

Ready or not, someday it will come to an end.

All the things you collected, whether treasured or forgotten, will pass to someone else.

Your wealth, fame and temporal power will shrivel to irrelevance.

It will not matter what you owned or what you were owed.

Your grudges, resentments, frustrations and jealousies will finally disappear.

So too, your hopes, ambitions, plans and to-do lists will expire.

Work Life Balance

 

Some wisdom from an old man

wiseman

The old man was asked what surprised him about humanity.

He answered:

“Man.

Because he sacrifices his health in order to make money.

Then he sacrifices money to recuperate his health.

And then he is so anxious about the future, that he does not enjoy the present;

The result being that he does not live in the present or the future;

He lives as if he is never going to die, and then dies having never really lived.”

 

 

Resources for small businesses. Just plain common sense.

 

Is your business running you? Or are you, running your business?

 

I spotted this curious sign in Westmead Children's Hospital - Sydney Australia.

It was the name of the ward, my 4 year old grandson, was being 'cared for' in, recently.

It made me wonder, which hour in the day, their care was missing!

Unlike hospitals, you don't have to be caring for your client's 24/7.

Nevertheless, you need to take time away from their needs, to recharge your batteries.

 

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Hi Paul,

Thank you for your time, advice and knowledge today. And thanks for lunch too! I have now made the final payment installment. It's always great to work with you and I am very appreciative.

You make me not just a better businessman but a better person overall. I now have many things to ponder. Thanks for helping me on my life journey.

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Atlantis Plumbing info@atlantisplumbing.com.au

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Hi Paul,

I just wanted to say that I’m usually busy in my business and my inbox gets lots of ‘newsletters’ from people. I don’t have time to read them – I usually delete them.

But your reports are different. I was sceptical at first, but they put a smile on my face (we must have a similar sense of humour). I find myself stopping to read them, for two reasons:

1. You add a ‘human’ face to your reports; I identify with the stories you tell, to make your point, and 2. They always contain useful hints and tips I can use in my business.

I appreciate your generosity with your ideas.
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Tony Mathot

Dakota Cleaning Solutions