The Parthenon Principle
Have you seen an image of the Parthenon in Athens, Greece? I will certainly always remember approaching the huge granite damages. The dimension as well as power still staying in a structure built 2500 years earlier is frustrating!
The roof exists on the ground, in items, many of the columns that sustained it are in area. There are a great deal of columns!
I think about the Parthenon’s roof commonly. If its’ roof had actually not been sustained by all those columns it never ever would certainly have lasted as long as it did. By any type of criteria, it lasted a very long time.
I have a roof, which sanctuaries my household as well as I call it an economic or income roof. It offers all our fundamental demands. Profits or revenue likewise psychologically sustains us, and also supplies the additionals we appreciate in our lives.
I do not desire my roof to drop in. My Parthenon Principle is to sustain this monetary roof with as numerous columns as feasible. , if one column of revenue collapses (and also they constantly do) there are others to take the weight so that the total income framework will certainly not collapse on our heads.
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One more method to take a look at this is – do you have all your eggs in one basket? Is your whole revenue dependant on one resource? What would certainly occur to you if that resource vanished?
Last month, I shed my biggest company customer. It occurs. This customer had actually expanded over the last 5 years, gradually making use of even more of my solutions and also standing for over eighty percent of our profits.
I had allow it obtain disproportional big. We were prepared with back-ups, and also various other ‘standby’ columns of earnings, prepared to be hurried in, to sustain the income roof.
Think of your revenue and also profits, as well as get ready for worst situation situations. Make the option today to sustain your profits roof, and also your revenue streams by utilizing the Parthenon Principle.
Not just will this fund give emergency situation assistance if required, you will certainly have a feeling of monetary flexibility simply recognizing it is there. Assume of it as an extra column for your roof.
Is there someplace you can include on component time job, doing something you delight in, which would certainly offer you with included revenue? Also a little quantity of loan will certainly develop an economic book, and also provide you an earnings if your main resource stops working.
3. Remove your financial debt as long as feasible. If there are no regular monthly settlements to be sent by mail, you can handle without revenue much longer.
Assume Parthenon Principle!
Your on the internet good friend and also Coach,
Miami
Miami Phillips
Aiding others discover their course – and also remain on it.
www.creativemasterminds.com
Quote of the Week
” Failure to prepare is preparing to stop working.” Mike Murdock
I have a roof, which sanctuaries my family members and also I call it a monetary or income roof. Income or earnings likewise psychologically sustains us, and also offers the additionals we appreciate in our lives.
My Parthenon Principle is to sustain this economic roof with as lots of columns as feasible. If one column of revenue collapses (as well as they constantly do) there are others to take the weight so that the full earnings framework will certainly not collapse on our heads.
Also a tiny quantity of cash will certainly construct a monetary book, as well as offer you an earnings if your key resource stops working.
