Archive for the ‘personal finance’ Category

PPI claims

By Danny Chapman

The Financial Services Authority is being urged by consumer groups to crackdown on the financial institutions responsible for misselling PPI according to the Daily Mail. Missold PPI is the current biggest problem for the FSA, who have held further consultations on the matters in hand. It is clear the banks are lobbying the FSA for concessions as they try to reduce their liability for missold PPI, with PPI claims being a growing area of disgruntled…

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Happy business woman

Entrepreneurs are often touted as one of the most fulfilled career paths in the world. A question to ponder: As an entrepreneur, are you happy with your achievements? Are you happy with your life?

The pursuit of happiness – this must be the endeavour of most people in the world. I’m not sure I can find a person who doesn’t want to be happy. I have a big question that fits both new entrepreneurs and well-seasoned ones, though:…

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Dropping in values?

As more US Dollars will be circulated in 2010 due to Dollar devaluation, you should stop losing value of your money and benefit from it – before it is all too late for the rest of us.

I’m not really interested in politics, but I do take high interest of what the US is deciding on issues, particularly on their US Dollar, which is still the barometer of world’s finance.

I’m not in a position to comment on…

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Young entrepreneurs

If you asked me what are the effective ways to eliminate or reduce student loans, my answer would definitely be – entrepreneurship.

Doing odd jobs and part-time jobs to pay your student loans are no longer feasible today – They are old-school.

Today is the era of young entrepreneurs, and it is time to join the bandwagon of young entrepreneurship.

Some proofs – I’ve met and chat with young entrepreneurs of today, and man, they are really young!…

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Entrepreneurs Journey

Success is a Journey – Not a destination.

A well repeated phrase that ones reads, nods in approval and then moves on to other matters. But what does it really mean? Taking a moment to interpret the meaning can provide a strong foundation for business and personal planning of a small business owner or entrepreneur.

Consider these 3 Scenarios of “Success”:

1. Just consider all the investors in the late 1990’s that made…

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Business planning

When should one begin the planning for the sale of your business?

It has been said that that thought process should begin when you start your business. So Entrepreneurs, while in the initial throes and excitement of the planning stages of starting a new venture, it is also appropriate to broach the subject of exit strategy. Too often the daily process of running and growing the business disallows the consideration of an exit strategy.

A recent study (as printed…

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Bored entrepreneur

Humans are meant to be easily dissatisfied.

In business world, humans are facing personal dilemmas and struggles on daily basis:

If you work for a boss, you wanted to quit and start your own business.

If you run your own business, you wanted to quit and work for a boss.

If you have a successful business, you wanted to start another one.

If you started another business, you just wish you never started another one.

The list will go…

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Retired entrepreneur

It seems that retirement is what most people are longing for. Many think that after a long 30-year or so tenure, moving to suburb or beach-side area is bliss and a dream come true.

I once envisioned my retirement to be that way, even as an entrepreneur. But not anymore.

Why I don’t want to retire

Retirement is no fun. I learned this from my father.

My father is, finally, getting prepared for his retirement (he is 70 years…

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Safety net

If you are downsized or made redundant, entrepreneurship can be your legitimate solution to fix your cash flow problems first and establish your business empire second – With scarce job opportunities that fit your resume and pay well today, you are left with limited choices.

However, if you are still in a good job that pays you well – regardless your passion for entrepreneurship – I suggest you not to quit your job just yet.

Let your job be

…

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Intermediary money

Here is a working and proven idea that you can do as a part-time job or as a small business startup: Be an online intermediaries.

Intermediary, or middle man, is someone or a company that connect buyers and sellers, publishers and advertisers, or clients and service providers.

I know what you were thinking – Internet is said to make intermediary jobs obsolete. The premise is that with the Internet, sellers or providers can directly contact buyers or prospects to…

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Pearl for sale

I contribute a weekly blog post for a website called Noobpreneur that reaches and provides valuable information to entrepreneurs. New entrepreneurs or “newbies” are the focus. My current business activities focus on the buying and selling of businesses. Most /many “new” entrepreneurs are in the exploration, startup or newly started stage of their business venture.

Where does selling a business enter into this paradigm? Everything seems to run in cycles. There is a start, a middle and an…

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