Ajay Shesh's Blog, page 7

THE MASTER OF ME: ACCEPTING WHATEVER COMES MY WAY

While growing up I think each and every individual must have received multiple scolding from parents about learning to be responsible, taking up responsibility and being accountable. We all brush it off at that point but as we get older and life gets so much more demanding in terms of personal and professional commitments, this word ‘responsibility’ seems to take up every second of our lives.

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People react to responsibility in two ways: accepting responsibility and taking responsibility. Both...

THE FINAL CHOICE: BLAME OR ACTION?

It seems that I have reached the end of my blog posts on financial betterment. I realize that many of my readers who consider this as a boring subject might have skipped this long chapter but I am assured of the fact that maybe later in life, you will come back to these sections of the book. But for those who have found interest, it is time to conclude!

I think that the perfect end to this chapter would share a quote by James Allen from his must-read book, ‘As a Man Thinketh’.

“A man may be h...

FINDING YOUR PEACE OF MIND: NOT FORGOING INTEGRITY

The past few blogs have been dealing with honest, legal ways in which you can augment your income, above the limited salary that you receive from your job. But in spite of you now being familiar with these very effective methods, any individual may resort to bribes, corrupt practices, cheating your organization for personal gains, evasion of taxes, printing of counterfeit money or even robbery. You are aware of both paths yet you may choose the one of deceit and dishonesty.

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Integrity is a ch...

KEEPING IT ‘REAL’: WHY PROPERTY NEEDS THAT EXTRA INVESTMENT

So we were talking about further investments to augment the value of your property on the market. An example would be transforming a run-down building into a convention hall or a restaurant as per your taste and the local situation. A single-family house can be creatively done up as a multiple unit structure. Feel free to seek professional help in such matters. So after value addition, it can be sold at a price much higher than normal appreciation in prices.

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If you are able to convert your p...

WHY REAL ESTATE IS THE BEST FORM OF INVESTMENT

With additional income being generated by your spouse and you, a great outlet for its investment would be real estate. Now there are several reasons as to why it is a great choice and we will be discussing them. But for me, the most beautiful aspect of investing in real estate is the control you have over the investment. This is not something you find in most businesses and jobs. How much control can you exert over your job, bank interest rates, and the ups and downs in the stock market, bond...

WORKING SPOUSES: DOUBLE-INCOME AND DOUBLE-JOY

We live in an era of utmost cut-throat competition and business mindedness. Companies are profit-making industries, open to ruthless downsizing when the need arises. In such an unfortunate scenario, your family should not suffer. How to achieve this? This is only possible when both spouses are working. Working spouses is a safety net that is highly beneficial for any family.

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But is working only about earning and securing the financial future of the family? Surely that is the most important m...

WHY AN EMPLOYEE NEEDS TO BE A BUSINESSMAN

Having your own business is a truly empowering feeling and could be the key to achieving great fame. Despite the obvious presence of some challenges to be overcome and risks to be taken, being an entrepreneur is a great tool to express your true self and earn as much as you decide upon. While it is true that beginnings are always tough as you move out of your comfort zone but when your establishment is strong and running, you will definitely feel that it was worth all the trouble.

So who exa...

TAKING ‘STOCK’ OF THE SITUATION: A GRIP ON THE STOCK MARKET

Your co-workers may have often invested in the stock market and may have suggested the same for you. It can be an enticing offer but confusing. I believe that I must step in and share some light on this matter.

Let me clarify that I am no expert on the stock market. So to obtain a detailed understanding of the system, you must approach the self-proclaimed experts. My core belief when it comes to the stock market is that it is always a big gamble.  A retail investor has absolutely nothing und...

ENSURING YOUR INSURANCE: WHY YOU NEED THE COVERAGE

Life is a beautiful yet unpredictable journey. And as an invaluable part of your family, you must make sure that their lives remain comfortable in the event of an unforeseen turmoil. The stories of suffering families who were unable to cope with the sudden loss of the sole breadwinner or a grave illness of a family member that required considerable monetary resources for the course of treatment is definitely not uncommon in our day to day lives. Those who are employed in particularly risky or...

THE ‘BRANCHES’ OF SUCCESS: FRANCHISE BUSINESS

The concept of a franchise is a great recipe for success. We all know what a franchise is but let’s just define it again for discussion’s sake. In a franchise system, a known company or franchisor provides the interested party [or franchisee] the opportunity to operate a tried and tested, profit-making business system in addition to various ancillary and support services like staff training and motivation, an established business SOP etc to ensure success.

What are some of the definite benef...