Archive for the ‘Financial crisis’ Category
If you are employed and looking for time to launch your own project (or do something else), is key to negotiate a telecommuting arrangement with your boss, not having to be present from 9 to 18 day at work.
Tim’s recommendation to achieve this difficult stage is:
1. Ask first a short probationary period (one or two days a week)
2. to test specific and reversible at any time
3. Sell and defend the results obtained
4. Expand the days spent outside the office in a phase 2, while maintaining excellence in the deliverables to your boss
5. Try it; you’ll see how amazing things are achieved only by trying.
The Lifestyle Design applied to entrepreneurial
If you are an employer or thinking of launching your business, you only recommend a book to read this year: “The 4 hour work week.” I assure you are the best choice you can make. It is a book that gives us another way to see the success, especially if you read very well, enables you to avoid falling into traps that often cause young freelancers and entrepreneurs who end up paying the brunt of the financial crisis in Spain or anywhere in the world.
Do not confuse entrepreneurship with business, has nothing to do with each other. In my experience, I think there are very few people happy in a situation for self-employment as they were to be employed, with all the security and the rights they enjoyed. If you want to start a business, prepare well before launching your business, and never lose focus: there is only one life. No need to wait 65 years (66, 70 years?) And retire to start enjoying it.
How to avoid a financial meltdown that destroys savings, credit unions, brokerage houses, insurance companies or retirement accounts. The CRMA report dispels many myths about what really is guaranteed and what is not. Financial guarantees for savings accounts, including some associated with the Federal Savings Insurance Company (FDIC in English) and private coverage, such as:
• All banks and credit unions are covered by the FDIC. The agency says that while virtually all banks are now covered, 300 credit unions remain state-chartered insured by private entities. Accounts that are not covered by the FDIC include mutual funds and other securities, insurance and contents of safe deposit boxes.
• The Corporation for Investor Protection (SIPC) protects against market losses. Although federal and privately supported, the SIPC fund covers only the role of custody of a broker, protecting investors against losses from theft and insolvency. SIPC does not reimburse investments fell only because the value of any action, even if a broker recommended it.
• The insurance is backed by the government. Many insurance products are protected by various associations guaranteed by the state which are set by government programs created by lawmakers but funded by the same insurance companies. Funds are not available in advance in case of bankruptcy. Instead, insurers licensed in the states concerned are obliged to pay.
The CRMA advises consumers to protect their money and themselves to take simple steps such as:
1. Examine your paperwork carefully. No archive or blindly throw your statements. They could provide the first clue that someone made a mistake in handling your account.
2. Diversify. Distribute goods between different accounts and various types of investments are the best way to protect them.
Making bad pay brokers.