Financial Situation

We generalize the data and look at the problem: 1. Conservatism – a business built on the use of certain matrices, charts, and technology. But each such matrix is suitable for a specific period of time with his current situation on the market. Time passes, changing financial and political situation, there New laws are coming to market of new companies and new products, changing consumer demand. This usually occurs gradually, but sometimes the process is uneven and things change very quickly.

The company, which once and for all developed for a specific scheme, and they do not change over the years, sooner or later to defeat. 2. Vanity – sometimes a company like 'swell' of his success, that does not notice that their product is outdated and the technology its promotion of no interest to the buyer. As an example, the company Coca-Cola – a strong, world-renowned company, offering soft drinks. Their product is unchanged, and the aggressive promotion strategy. But times are changing and people are more interested in their health and natural products. As a result, Russia has increased the consumption of kvass as more natural and traditional drink of Russia.

3. Entanglement – when the company grows, it becomes more hierarchical, it is becoming more different departments and services, all of which require coordination and competent management. Sooner or later, the company reaches a level where it occurs the famous 'Peter Principle': A person or company who have reached a certain level, and reach the level of their incompetence. This is explained by the fact that, rising up, a person takes on more responsibilities and in some time already can not perform them all. The company, growing, becoming more intricate, complex, cumbersome, slow, and sooner or later and reaches a state when all the processes to manage it becomes difficult and start error. 4. Laziness – this step are all the companies and it is important to learn how to overcome this period.

Financially Savvy Individual

The image of the financially savvy person (way of thinking, the motives driving them prepare themselves for success), the goal and objectives (not the theory and practice goal-setting) The business lines (the best choice for you manipulated by way of finance) 'You can not think of the thousands and make millions! " Many people think, "Here I had a million (and it does not matter rubles or dollars), so then I would … ' But in fact, only 1 in 100 is able to save, million to increase, rather than squandered it and live with comfortably. Such people are called financial literacy. The 1 percent of such people is still optimistic assessment. Sometimes people say that to them the money 'stick', and destined to etc., but this approach is not for us, not for you! Let us explain in more detail.

Financial literacy is not the ability to make money, but the ability to preserve and enhance existing ones. This man did not significantly limits of its consumption. He understands that the restriction of only 10 rubles today will give $ 100 in income over time. Problems of the people that they think too narrowly, and believe that to make a contribution to the bank at 10% per annum and is is the aerobatics, and divided into multiple banks contribution is in excess of the measure. No, it's certainly not the case. Financial literacy is the ability to convert all your money in passive income (note the passive, otherwise If it is already becoming a business). And no matter what amount and for how long, the main thing: Money is always and everywhere to make money! More Money Make More Money! Less Money Makes Less Money, But Makes anytime, anywhere! Each successful people understand this for themselves, understand and remember it forever. Maybe some do not even figured formulating a clear idea, expressing it in words, but easy to use, they feel it and understand it.