The 80/20 Principle
Millionaire maker, Dan Lacy, writes about the 80/20 rule
Millionaire maker, Dan Lacy, writes about the 80/20 rule
“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 [...]
At Dynasty Builders, we help business owners on a daily basis understand the fundamentals of financial building. When business owners work with us, we can and have made millionaires. Here is a video of T Ray Phillips, founder of the Family Business Legacy Company, and his reason for attending one of our seminars:
T. Ray Phillips [...]
In the first and second chapters of the book of Numbers in the Old Testament, we find a detailed description of the Israelite campsite during their wilderness trek. To the casual reader, an outline of the particulars of encampment might seem to be irrelevant minutiae. What is actually presented, however, is a brilliant model for [...]
Protecting your company’s cash position and cash flow is critical to survival. The old adage that “CASH IS KING” is still true today. In today’s economy where uncertainty is rampant, many businesses are having problems just staying alive, let alone growing. The outlook for the economy rebounding over the next two years isn’t that optimistic either. The Wall Street [...]
Last night I was watching the news thinking about our troops in Iraq and Afghanistan. The generals say they need more troops and our current “commander in chief” is taking a “wait and see” attitude. Maybe you’re related to one of those soldiers, and they’re working for a commander who doesn’t have a plan for success [...]
As most of us are developing our business plan for 2010, the biggest question we are facing is how to project revenue for the year. This is probably the most frequently asked question that I have fielded in the last 60 days. Most economists agree that the U.S. economy is transitioning from the deepest and [...]
So, we’re now into February. The Super Bowl is over, the holidays are especially over and it’s got me thinking about your New Years Resolutions for your business. Have those fallen by the wayside now that January is over?
I’d like to focus on getting refocused…yes? I want to do this by giving you [...]
Last week I spoke with a business owner who was fed up with the performance of his company. Although a highly productive individual and with decent sized company, he felt he has been treading water the last three years, not making the strides toward improvement he wanted to. He has been sitting on a number [...]