Life Expectancy In Business | The Big Secret

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These days the average business man is more concerned about enjoying the finest things of life as soon as they can. Driving the best of cars, eating at the fanciest restaurants and travelling to the most expensive spots in the world. That's one of the reason why the poor remain poor overtime all because of what they can enjoy now, the luxury they can enjoy now. What about after now? A lot of entrepreneurs have come and gone after a max of 5years. The short lived success and fame that came with it had blinded their senses from making plans for the future. Just the thought of driving the latest car and showing the world they have made it has overtaken the need for smart business strategies. The importance of smart long term strategies cannot be over emphasised enough.

When Mark Zukerberg was announced one of the richest man on earth he didn't relax and move to gather ten million gold neck pieces or ten million dollar shoes. He moved on to build, buy and expand his network even more. One doesn't remain afloat for ever, you have to take deliberate actions to. Its so sad that with just a million dollar sell out there is sudden relaxation and lackadaisical attitude to business. Bad money habits spring up and the once new in town money making empire is on it's way to bankruptcy. It is not rocket science but common sense I'll say.

The big secret to increasing a businesses life expectancy is investment, savings and expansion. It is dumb to make a 100% profit a move on to spend the entire 100% no matter how little the profit might seem. At least 60% ought to be set aside to grow the business. Not just savings alone but investing to make sure that profit turns out even more profit. You can't make money without money. It is like a man lost on an island and finds a flock of birds, he could kill and eat all birds and satisfy his hunger or he could eat just one bird and keep the rest for the future. It is important to keep expanding the business to other profitable and related enterprises which will continuously drive in profit.

The kardarshians didn't just stop with their reality TV show, they went on to start their fashion lines, make up and perfume brands. The show will be stopping soon but businesses to keep them in luxury for a long time are already in place and that's a great example of profitable business expansions.

Luxury fades no matter how expensive it might seem, an iPhone 6 no matter how expensive it was then can never be compared to the iPhone 12 of now. A lot of peoples spent all their profits on acquiring one time luxury at the expense of their businesses. That's like sitting on a chair which one of it's leg is broken, off course you are going to crash on the floor. Investing in the stock market, investment bonds, foreign exchange, real estate and many more are sure ways to keep capital continuously flowing into a business. Thereby increasing the life expectancy of the business over the years no matter how bad the economy might seem. In the end there will be more then enough profit to spend wisely on luxury and fun.



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I saw a friend who keeps posting how he upgrade to the latest Iphone and he things that is an achievement. I was just wondering if he knows what he is doing. As time passes, more phones will be dished out and you will keep falling for them while trying to buys it. At the end of the day, Iphone will make more money because it is pure business while you will make nothing in return.

We have to learn how to save so that when raining days comes, ww will be able to battle it.

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Good article, everything that doesn't grow is dying, that should tell entrepreneurs that growth is essential to stay in the game.

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Hello @valchiz
You have shared interesting points. That of wanting to enjoy everything in the same moment as if life was going to end I call it "pleasure of the moment", besides being a little bit brainless... We will not always be in the good times, of only production, when the productivity decreases it is necessary to be prepared

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Hello friend, interesting publication, you are right, we can't just stand by for a few dollars, we must continue to expand our horizons and thus be able to have greater stability in the future. Many people only think about the now and do not think about growing in order to be more stable in the future. Greetings!

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