Blog Entries tagged 'value creation'

Healing Economic Wounds

causeofliberty — Wed, 24 Sep 2008 02:00:00 +0100

How To Influence the External Economy With Internal DecisionsEvery expert in America agrees that our economy is under serious strain. We even hear speculation that the U.S. is headed for another Great Depression. The government bailout of Fannie Mae and Freddie Mac will cost taxpayers $5.3 trillion. The proposed $700 billion bailout of other notable financial firms is a Band-aid approach to a gaping-wound quandary.

So what is the long-term solution? Does the current crisis represent t [...]

Book Review Response #1: Deception Vs. Value Creation

causeofliberty — Fri, 08 Aug 2008 02:00:00 +0100

Our last blog post introduced a recent book review by Helen Huntley, the personal finance editor of the St. Petersburg Times.

This is the first response of a series.

Deception Vs. Value Creation

Helen begins her review by writing, “I don't ordinarily do book reviews, but I often read portions of the books that publishers send me. Sadly, quite a few of them are little more than thinly-veiled sales pitches for the author's business. One of the worst of the [...]

Does Passive Income REALLY Create Freedom?

cmiles — Fri, 08 Aug 2008 02:00:00 +0100

By Chris Miles

One of my clients recently asked me a question regarding whether or not someone needed passive income to truly be financially free. I believe that many of those striving for financial excellence have asked this same question and debated it.

In response to this question, I would ask &quo [...]

My Experience With Affiliate Marketing: How To See Through Any Business/Investment Proposal

causeofliberty — Tue, 22 Jul 2008 01:00:00 +0100

I recently had an opportunity to apply the lessons that Garrett and I teach in Killing Sacred Cows.

I've been studying affiliate marketing lately to see if it is a viable opportunity with a solid value proposition. Online affiliate marketing means to market the products and services of others in order to earn a commission from the product creator.

On the surface it sounds like a great model--you don't even have to create your own products, all you have to do is market, [...]

A Lesson in Being A Producer From Booker T. Washington

causeofliberty — Tue, 22 Jul 2008 01:00:00 +0100

“I know of no more encouraging fact than the unquestionable ability of man to elevate his life by conscious endeavor.” -Henry David Thoreau

In our last post we defined consumers and producers and made clear that the one choice to become a producer is the single most important factor in determining your prosperity.

Booker T. Washington was an extraordinary producer from whom we can learn many valuable lessons. He was born a slave in Virginia, was freed after t [...]

The only difference between you and Warren Buffett is...

causeofliberty — Sat, 24 May 2008 02:00:00 +0100

Billionaire investor Warren Buffett was once talking to a group of college students and told them, “I am really no different than you. I may have more money than you do, but money doesn’t make the difference…

"If there is any difference between you and me, it may simply be [...]

The Platinum Rule

causeofliberty — Thu, 22 May 2008 01:00:00 +0100

Do you serve people as they want to be served, or as you would like to be served?

A young boy and his father were once shopping for a Mother's Day gift. The boy eagerly found toys and asked his father if they could buy them. "No," came the reply, "We're shopping [...]