HOW TO GROW YOUR MONEY WITH THE RIGHT INVESTMENTS : Mutual Fund Investment

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  ALL YOU NEED TO KNOW ABOUT DOLLAR AND MONEY MARKET MUTUAL FUND INVESTMENT After our recent seminar on investment, a lot of participants have contacted me to write on the subject for easy reference. Thus, today we'll be focusing on money market and dollar mutual fund investments. Money market investments are short-term, highly liquid assets that provide a safe place to park cash. Dollar mutual funds, on the other hand, invest in a variety of short-term debt securities issued by the U.S. government, corporations, and municipalities. WHYSHOULD YOU CONSIDER INVESTING YOUR FUNDS? Investing your funds can potentially offer several benefits. Firstly, it allows your money to grow over time through the power of compounding. By putting your money into various investment vehicles like stocks, bonds, or real estate, you have the opportunity to earn returns that exceed traditional savings account interest rates. Secondly, investing helps you hedge against inflation. Over time, the purch...

5 TOP SECRETS TO BECOME A SUCCESSFUL ENTREPRENEURIAL


 SECRETS OF SUCCESSFUL ENTREPRENEURIAL 

But in reality, successful entrepreneurs are almost always seen, felt, and heard in the business environment. There is/are specific familiar virtues shared by successful entrepreneurs or business owners, which set them apart from other packs. These are just the basic business principles that make an owner successful when identified and applied in a business entity. 

 


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1.      BECOME A BEARER OF IDEAS FOR PROBLEM-SOLVING 

The ability to identify problems and provide solutions to those problems is not a virtue for all Tom, Dick, and Harry. It's -only a few people see the same problem in an hour, but in a minute, they can come up with creative ideas that can solve such a problem.  

 The extra effort to translate problem-solving ideas into economic value makes you an entrepreneur. Therefore, the essential quality of a successful entrepreneur is to come up with ideas that can solve the problems of people, institutions and governments. 

Do you need an idea for problem-solving? Read on for it. 

2. BE A VISIONARY

Successful entrepreneurs are those -who think they are successful as entrepreneurs before they become entrepreneurs. They see the future of their business, finances, and status before starting such an entity. By imagining the fate of their company, they set their mission (immediate goals), set goals, ensure that goals are achieved and exceeded, and conduct employee interviews. , Evaluate performance. Regardless of the company's original vision, vision-driven entrepreneurs always provide that every step and action of their company are -in line with a known vision. As a driver, entrepreneurs get their business back on track in the event of a derailment. 

Do you need to have a vision? Read on to understand the rudiment of vision to the success of a business. 

3.      BE AN EFFECTIVE RESOURCE MANAGER 

Understand the factors of the 3Ms and T in the business. The known resources of all business enterprises are man, material, money and time.  

To be a successful entrepreneur, you must be able to manage these resources effectively and efficiently. Successful entrepreneurs ensure that the wastages are- minimised, slack time eliminated, and Manpower optimised. Successful entrepreneurs need to know how to pierce a round peg into a round hole.

Do you want to be an effective resource manager? If yes, read on for further information that will help you become one. 

4.      BE PASSIONATE ABOUT HIGH-QUALITY PRODUCTS AND EXCELLENT SERVICE. 

 Passion is one of the most important -qualities that every entrepreneur must have to succeed. 

 In this regard, successful entrepreneurs are passionate about providing high-quality products or excellent service. They know that customers can easily be -converted when they are happy with what they buy. Entrepreneurs are passionate about ensuring that their products/services are brands and market leaders. 

We need to be passionate about providing both high-quality products and excellent service.

5. BE A PERSON OF INTEGRITY

Become a person of honesty virtue integrity is not available on the open market. It's part of you. It has to do with honesty, honesty and dealing directly with everyone under all circumstances. Successful entrepreneurs make sure their words are limited. They live their lives, give speeches, and set good examples as role models. Entrepreneurs who value integrity consider integrity to be an uncompromising value. People accept their words and trust them to do what they say. Such entrepreneurs do not manufacture substandard products or provide substandard services. 

 Do you want to be honest?

 Integrity is telling myself the truth. And honesty is telling the truth to other people. Work it's achievable.

See you at the top! 

 Read Also: HOW TO BE FOCUS IN LIFE- Learn How to Be Focused in Life and Attract Success

10 ELEMENTS OF SUCCESS

3 SURE WAYS TO MAKE MONEY IN NIGERIA WITHOUT A JOB.

 If this article is interesting or there is an area you want us to research and write on, kindly leave a comment beside it.

 This intellectual property belongs to KCmond Consulting.  No part of it is expected to copy or publish without the sole permission of Kingsmond Ehimare. 

 

 

 

 Kingsmond Ehimare


 


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