Artist or employee – maybe not an either or

In preparation for Innovate, we are hearing from lots of “starving artists.”  You know the routine – you do a demo for your next album and hope to get a $100 gig at a local restaurant to buy groceries tomorrow.  Sell one painting for $300 then wonder how you’ll pay the rent this month.  Get your book published but then wonder how the $1.50 royalty is just compensation for all the work involved.  Not everyone tries to make a living from their “art.” The Story of T.S. Eliot T S Eliot was a British essayist, publisher, playwright, literary and social … Read More

Can I do this and make money?

Yes, I know I talk a lot about turning your passion into profits.  A lot of people still question whether passion should be part of the equation when looking for work.  Shouldn’t we just be responsible and find something with a paycheck?  When we released  Wisdom meets Passion I was inundated with inquiries about how people can turn their passion into their income generator.  And you hear me giving examples of artists, sculptors, magicians, comedians and musicians who have done just that.  I have a neighbor who told me how he became a millionaire at age 33 after reading No More … Read More

Hourly pay will keep you poor

In challenging times I see people managing their money better. And I commend them on getting involved with Dave Ramsey’s Financial Peace University as thousands of you have done. But here’s an important principle — Not only is it important to manage your money better; it’s also important to realize that now is a great time to figure out how to make more money.

How much do you really need?

There is a wonderful story by Leo Tolstoy, written in 1886.  The very shortened details go something like this:  There once was a peasant named Pahom who worked hard and honestly for his family, but who had no land of his own.  By scrimping and saving, he managed to buy 40 acres of land.  He grew his own hay, cut his own trees, and fed his own cattle.  Then he heard about land in a neighboring territory where the land was so good that rye grew as high as a horse.  Pahom’s heart was filled with new desire.  So he … Read More

Need Start-Up Money – try Crowdfunding

CrowdFunding is a relatively new method of raising funds for a new business venture.  People contribute money to your business start-up because they just like what you’re doing, enjoy being part of something innovative, or like the rewards you are offering.  Most crowdfunding projects raise $5000 to $25,000. The old days of going to the bank or trying to raise venture capital are fading.  More innovative methods are helping launch the streamlined, creative businesses most popular today.  Several members at 48Days.net are raising funds through CrowdFunding.  Your challenge is to make it interesting enough that other people want to be … Read More

You Might Need a Raise if……….

You might need a raise if……. You take your paycheck to the bank and the teller bursts out in hysterical laughter and then passes it around for theother tellers to see. You work full time and still qualify for food stamps. You empty out your piggy bank and then cook the bank and serve it for your holiday ham. You file your income taxes and the IRS returns them stamped, ‘Charity Case-Return To Sender. You’re caught re-cycling co-workers drink cans before they are finished drinking. You pay all your bills and can’t afford a Happy Meal with what is left … Read More

Gimme A Raise!

It’s the beginning of another year and many of you are hoping for a raise this year.  Ask yourself this:  “How much profit did I make my employer this year?”  If the answer is “a lot” you have a shot at getting a raise for this next year.  If the answer is “none,” it’s time to get your resume updated. An employee cannot be just an expense to the company.  The rule of thumb is that the efforts of any employee must generate 3-5 times what the company pays that person.  Don’t expect a raise just because you’ve been with the company … Read More

Be a Friend

I receive several quotes of the day. I’ve always appreciated morsels of truth captured in a sentence or two. A couple of days ago this was the quotation from the Napoleon Hill Foundation. This quotation and the following thoughts here are presented exactly as I received them. I thought it was worth passing along.

Employee vs “Free Agent”

In today’s workplace most people are in fact “free agents.” They have no contract and they are free to negotiate with a new “team” if they choose. Yet many people just stay because they continue to get a paycheck – without even looking around to see if they could get a better offer. Who are free agent workers?