Dynasty

• Resource Library

  Posted on April 12th, 2010

  Written by Dan Lacy

  Tags

  80/20 Rule, Apple, Business, England, IBM, Microsoft, Pareto principle, Social Sciences, Strategic planning, Vilfredo Pareto, vital activity

  The 80/20 Principle

  Millionaire maker, Dan Lacy, writes about the 80/20 rule

• Resource Library

  Posted on March 29th, 2010

  Written by Dan Lacy

  Tags

  Business, business success, Economic, Finance, Income, Income tax, Management, Millionaire Next Door, Net worth, Strategic planning, United States, Wealth

  The millionaire next door

  “Building wealth takes discipline, sacrifice, and hard work.”
  When Authors Tom Stanley and William Danko went to investigate on how people get wealthy, they found something odd. Many of the people who live in upscale neighborhoods and drive luxurious cars do not have extreme wealth. Many people who have great wealth do not even live in [...]

• Balance sheet, Business Financing, Resource Library

  Posted on March 14th, 2010

  Written by Dan Lacy

  Tags

  Asset, Balance sheet, Business, Equity, Financial services, financial statements, Fixed asset, Income statement

  WATCH THE BALANCE SHEET!

  Our culture revolves around statistics.  In baseball, the number of bases a batter crosses in a season is compared to his batting average.  In cinema rating, the second week of a film’s run is more important in forecasting its long-term success than the first.  And in farming, a higher per-acre crop yield is more important [...]

• Business Financing, Cash flow, Resource Library

  Posted on March 5th, 2010

  Written by Dan Lacy

  Tags

  Business, Finance, Magazines and E-zines, Marketing, Marketing and Advertising, money, Revenue, Small business

  Your business is like a three-legged stool

  You probably didn’t realize that the stool was invented by accident by a Swiss woman by the name of Maria Schitonstool in 1749. She was poor and had to burn furniture to stay warm in the winter. The last pieces of furniture she had to burn were her chairs, so [...]

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