Easy Ways To Raise Income

Income is usually raised by doing one or both of two things; income could be raised by buying and selling or by providing a service to a target audience.

However, what is income? Answers.com defines income as the amount of money or its equivalent received during a period of time in exchange for labor or services, from the sale of goods or property, or as profit from financial investments.
Furthermore, there are other forms of raising income which are not so popular as the ones mentioned above.i.e.

Interest generated from the bank;Saving money in the bank helps a lot of businesses generate income through the interest accrued overtime.This usually take a while,maybe months or even years, but as long as the process of the deposition of savings is continuous and constant, the result is always fabulous.

Interest generated from lending;Some businesses also take advantage of their revenue or cash surplus by acting as a lending agent to organizations or small time businesses for the purpose of charging them an interest which should be payed back either installmentally or by buying a stake in business so that they can always benefit from the profit made by the business.

Debtor fines;This form of income raise is mostly common in the banking sector where borrowers are fined for not making repayment on time. This also helps the lender to raise more money as a benefit for the disappointment of late repayment by the borrower.

Income generated from fund raising; This is probably the easiest way of raising income. Although it may not come easily but because you may not need to pay back the money given to you because the key contributors are mostly philanthropist who like to give back to their societies by donating to a good cause. However, they usually want to know that their money is in save hands and spent according to the presented business plan. So that there are no discrepancies.

Contributions; This is usually common in local communities where specific group of people who know one another form a club or co-operative. The members of these groups contribute money on a regular basis, save it in a bank under the name of the group or club or co-operative as the case may be until they have a specific project for which the income generated would be put to use.

Yes We Can; Characteristics Of Change

When Barak Obama used the word "Change" as a focus for his campaign it was not as though we had not heard the word before but it came at a time when the world needed something entirely different from what we were used to, a hand that would reshape our world, our economy, our lives except that we could not name it all even though we could identify the bits of what we needed in our lives i.e poverty alleviation, health issues, bla, bla, bla.
However, the word change soffices to stand for everything that we need; at least for now until change disappoints us again but we hope not.Not soon. But eventually it will, when we hit a new phase and the old must be cast away, then another form of change becomes necessary. I hereby present to you some key attributes change:

• Change is constant and must not stop.It involves move thereby, capable of being forceful.
  
• Once change stops, we stop growing and decay begins.
• Change could be little but the influence could also be massive.
• Change is quick and rapid.
• Change is perversive-It is relative;If it happens in USA, it will soon happen in Europe, Asia, Africa, etc.It affects the rest of us in a way either directly or indirectly.
• Change can't be changed or stopped. It must change itself and others and those others-"others".
  

Seven Essential Qualities Of A Good Leader

1. He/She must see self as a servant, not a boss.
2. Must not see himself/herself as a semi-God/Goddess.
3. Must allow for criticism and skepticism by his/her followers.Many leaders are saved by the uncomfortable truth from the bold and constructive critic. We do not expect to have material Leadership but moral leadership must be clean and humble. Freedom of speech cannot be overemphasized.
   
4. Must have his/her ears to the ground and not detached in his/her Majestic concept.
5. He/She must be principled. Must have respect for people and property.
6. Should have the ability to direct and order people and attract them for followership.
7. Must have the ability to help people develop and pursue excellence.
   

How To Take Advantage Of Business Opportunities

• Build Savings; You need resources to be able to invest in business prospects. To achieve this ;reduce your expenses and increase your income.
• Always Invest In The Latest Business Development: Do your home work by making proper investigations. Once business is ascertained as genuine, invest in the business with a lawyer holding your hand or form a partnership in order to minimize the risk of failing if done alone.
• Anticipate Change: Things will not remain the same. You must be willing to adjust or adapt as fast as possible when there is a sudden change.
• Be IT Educated;In order to take advantage of trading floor of the current generation which is the internet, being informed in information technology cannot be overestimated.
• Be Inquisitive; How does this affect me and my industry? There is no time to sit by and watch and watch things happen. Talk with people about the latest business world. Read study. Investigate.
• Think Globally; You should no longer think locally.Expand your vision, think about how your business will operate in the global market because it soon will because of the internet.
• Be Entrepreneurial; This is the age of the free Agent Individual Executive Marketers. Even if you work in organizations and companies you must think like an entrepreneur. Even as entrepreneurs, seniority and experience does not have value as it did. Producing results is what matters!
• Learn How To Learn; What we learned in shool will not support us over the next decade.Adult education will soon become the largest industry. we must learn how to obtain and integrate information and skills quickly. Everyone of us need a computer and web based training.
  
• Accept Change;Be open to changes that occur. Passing judgments or criticizing is counter productive. Open your mind to change. Like the Chinese will say"when you are falling of a cliff, jump!"
• Become a Capitalist; Wealthy people own assets. A capitalist is someone who owns assets that produce income e.g. Stocks and businesses are assets that generate profits.Be an owner too.
  

Seven Cures For A Lean Purse

1. Start Thy Purse To Fattening; For every ten coins that thou placest within thy purse take out for use but nine. Thy purse will start to fatten at once and it's increasing weight will feel good in thy hand and bring satisfaction to thy soul.
2. Control Thy Expenditures; Confuse not thy necessary expenses with thy desires...All men are burdened with more desires than they can gratify...as weeds grow in a field wherever the farmer leaves space for there roots, even so freely do desires grow in men whenever there is a possibility of their being gratified.Budget then thy necessary expenses.Touch not the one tenth that is fattening thy purse. Let this be thy great desire that is being fulfilled.
3. Make Thy Gold Multiply; How therefore may we put our gold to work?Gold increaseth rapidly when making reasonable earnings as thou wilt see from the following: A farmer, when his first son was born , took ten pieces of silver to a money lender and asked him to keep it on rental for his son until he became twenty years of age. This money lender did, and agreed the rental should be one-fourth of it's value each four years. The farmer asked, because this sum he had set aside as belonging to his son, that the rent be added to the principal. When the boy had reached the age of twenty years, the farmer again went to the money lender to inquire about the silver. The money lender explained that because this sum had been increased by compound interest, the original ten pieces of half silver had grown to thirty and one-half pieces.The farmer was well pleased...thus in fifty years had the investment multiplied itself at rental almost seventeen times. This then is the third cure for a lean purse: to put each coin to labouring that it may reproduce it's kind even as the flocks of the field and help bring to thee income, a stream of wealth that shall flow constantly into thy purse.
4. Guard Thy Treasure From Loss; Every owner of gold is tempted by opportunities whereby it would seem that he could make large sums by it's investment in most plausible project.The first sound principle of investment is security for thy principal. Is it wise to be intrigued by larger earnings when thy principal may be lost?The penalty of risk is probable loss.
5. Make of Thy Dwelling A Profitable Investment; No man's family can fully enjoy life unless they do have a plot of ground wherein children can play in the clean earth and where the wife may raise not only blossoms but good rich herbs to feed her family. Therefore, do I recommend that every man own the roof that sheltereth him and his family.
   
6. Insure A Future Income; Provide in advance for the needs of thy old age and the protection of thy family.
7. Increaseth Thy Ability to Earn; General desires are but weak longings. For a man to wish to be rich is a little purpose. For a man to desire five pieces of gold is a tangible desire which press to fulfillment. After he has backed his desire for five pieces of gold with strength of purpose to secure it, next he can find similar ways of obtaining to obtain ten pieces and then twenty pieces and later a thousand and, behold, he has become wealthy. In learning to secure his one definite small desire, he hath trained himself to secure a larger one. This is the process by which wealth is accumulated: first in small sums, then in larger ones.

George S.Clason
(The Richest Man In Babylon)

Philosophies Of a Spiritual Mentor

1. Whatever you don't have is something you have not yet valued.
2. Parasites want what is in your hand, proteges want what is in your heart.
3. You do not reap where you sow, you reap what you sow.
4. The secret of your future is hidden in your daily routine.
5. Your rewards in life are decided by the problems you are willing to solve for others.
6. If you insist on taking something God did not give you God will take back what he gave you.
7. You may only be one but you and God are a majority.
8. You don't need everybody liking you, you only need the right person.
9. Your seed is what God multiplies, your faith is why he multiplies it.
10. All instructions come camouflaged as an idea.
11. Knowledge is not power but the application of knowledge is power.
12. A mentor is not someone who gives you advice, a mentor is someone whose advice you follow.
13. Who's pain do you feel?Who's tears hurt's you?There lies your assignment.
14. Access decides favour; nobody can bless you if they don't see, hear or know about you.
15. Show me where you hurt the most and that is where you greatest discovery will occur.
16. Never be afraid of a demon, be afraid of being stupid.
17. When an enemy walks into your life, get excited and prepare for a change. When you asks God for a future he schedules an enemy.

-Mike Murdock

How To Be Happy

A renowned Italian poet, Torquanto Tasso, was once visiting at the court of King Charles IX, and in the course of a conversation one day the monarch raised the following question:
"Who in your opinion is the happiest person alive?"
"God is the happiest of all beings," was the prompt reply.
"Yes, of course," said the king."But who is the happiest person alive after God?"
The poet thought for a moment;then he gave this profound reply:
"I suppose the happiest person after God is the one who becomes most like God."

Look Within

There is a story of a man searching for his lost key outside his home, under the streetlight.When a stranger inquired if she could help him look for his lost key, he was most grateful. After thirty minutes of fruitless searching, the stranger asked," where did you drop your key?""Oh" he replied, "I dropped it inside the house.""But why are you looking outside under the street lamp if you dropped it inside the house?" She asked."I have no light inside the house, so I came out here to look where there is light."

This is precisely what we do every time we look outside of ourselves for solutions to problems. We live inside, our humanity resides within, yet we spend time ceaselessly looking outside of ourselves for the answers because we fail to illuminate the inside with our thoughts. We resist the principle that thought is everything we are, because it seems easier to look inside.

-Dr Wayne Dyer

Seven Strategies For Success

1. Never say never.You have to think big to be big.
2. "Shoot for the moon.Even if you miss it,you will land among the stars"(Les Brown).
3. John Burroughs said,"The lesson which life repeats and constantly reinforces is,"Look under foot".You are always nearer than you think...The great opportunity is where you are.Do not despise your own place and hour."
   
4. "Don't be afraid to fail.Don't waste energy trying to cover up failure.If you're not failing you're not growing,"(H.Stanley Judd).
5. "Don't wait for all the lights to be green before you leave the house"(Jim Stovall).Don't ever say that conditions are not perfect.This will always limit you.If you wait for conditions to be exactly right,you may never do anything.
6. Doing the best at this moment puts you in the best place for the next moment.
   
7. Finally,be quick to give.When you give only after being asked you probably have waited too long.
   

Seven Best Advice For 2009

1. Learn from the defeats of 2008.
2. Develop a mission that matters for 2009.
3. Buy more stocks now that the stock market is reaching her rock bottom.It's the best possible way of acquiring stocks at their cheapest possible price.
4. Develop a positive mental attitude.The "I can't syndrome has probably stopped more people from living full happy lives than any of the major diseases.
5. Find a way to help others.A percentage of our service should always go to charity on a regular basis.
   
6. Go the extra mile.As John Mason rightly put's it "Know your limits-then ignore them".You will be surprised how far it might take you.
   
7. Finally,Don't quit.Margaret Thatcher understood this principle when she said"you may have to fight the battle more than once to win it.