HOW TO PRICE YOUR PRODUCT AND SERVICE

What good it is if you develop a product or service but you don’t know how to price it for your clients? You will surely lose the benefits of your efforts, for you either price yourself out – meaning the price is too much or you price yourself too cheaply. This is an element that is very important that you don’t lose revenue or you don’t fail in that business. How do you ensure that you do not suffer clients’ rejection on the basis of pricing? We shall learn about various pricing strategies and then pick up on how we […]

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GET READY FOR THE BOOK “PERMANENT WEALTH”

Wealth creation has generally been elusive to many from centuries past and shall continue to be so. This is due to the fact that the techniques are not taught in schools and colleges. Those who gain the knowledge, learn them from their parents and friends. This is the main reason why some families remain very rich while others remain in poverty for generations. Success first comes from personal development. Success is a product of enhancing your career and business techniques. The by-product is the financial resources that accrue. There is no other way round. But how come that some educated people […]

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CHANGING YOUR PERSONAL LIABILITIES INTO ASSETS

At any point in time, all of us face challenges one way or the other due to some personal weaknesses. These weaknesses in personal lives affect our progress and therefore success in what is achievable. These weaknesses could be called liabilities while your personal strengths could be called assets. From the accountant’s point of view:- A liability is a present obligation of the enterprise arising from past events, the settlement of which is expected to result in an outflow from the enterprise of resources embodying economic benefit. Asset is a resource controlled by the entity as a result of past […]

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MY SECOND DAY IN GIMPA

Introduction “With the Lord a day is like a thousand years, and a thousand years are like a day. The Lord is not slow in keeping his promise, as some understand slowness. He is patient with you, not wanting anyone to perish, but everyone to come to repentance.” 2 Peter 3: 8. You may wander (not wonder) in your mind about a thousand years being liking to a day. This quote is never understood by many Christians. But Abd-ru-shin in His lecture ‘A Thousand Years as One Day” explained this vividly to readers and hearers. Things are faster in the […]

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HOW TO MAXIMIZE YOUR INVESTMENT

Last week, we looked at introduction to investment. We looked at various definitions and returns on investments. Today we shall concentrate on how to maximize the returns. There are three variables that affect the outcome of returns on investments. These are the duration of the investment or what is described as time, the amount invested and the rate of investment or interest rate. Time or duration: the longer the duration of an investment to maturity, the higher the return, all things being equal. Treasury bills of 91 days to maturity will have return lower that a government bond of say […]

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WHAT IS INVESTMENT? – AN INTRODUCTION

Over the past months, we focused on how to set up a business, how to run the business successfully using business principles and techniques and how things should work effectively through personal development techniques. Today, I would like us to give introduction to the topic: Investment. “An investment is an asset or item that is purchased with the hope that it will generate income or appreciate in the future. In an economic sense, an investment is the purchase of goods that are not consumed today but are used in the future to create wealth”- Investopedia. To invest is to allocate […]

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YOU ARE YOUR VOWS!

You are what you are today because of your vows made some time back. Consciously or unconsciously, you make vows on daily basis. Through your thoughts, words and deeds, you make new pledges which guide your path through this creation. You need to fulfill your vow and walk on the path you have chosen for yourself. What is a Vow? A vow is a solemn promise to do a specific thing(s). Kinds of Vows I am not going to go through lists of earthly vows that are known to us. I am rather taking you through things and issues that […]

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HOW TO MANAGE YOUR PERSONAL FINANCES

Expenditures never come down. Due to price changes, economic downturns and resource depletion through environmental effects, you shall always pay for the same thing higher than what you paid over the past periods. How do you ensure that you keep your income at least at par or best higher than your expenditure? It is a well-known fact that these techniques are never taught in schools. You have to learn them either the hard way through personal experiences or learn from people that tread the same path. Let us consider the following steps in our planning and delivery of your personal […]

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IS EARLY RETIREMENT SPIRITUALLY ADVISABLE?

It is as if I am energizing people to work and never giving them a break! Why should you want to break any way? Your leave from work and weekends should suffice for a good rest. But not retirement at early stage! Why should I say so? Is it Biblical to retire early in one’s working life? In our present era, there is a mad rush for people to retire early so that they can focus on personal enjoyment, entertainment and possibly spend time on family responsibilities. Abraham worked till he died at age 175 (Genesis 25:7). Moses worked till […]

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THE FRENCH ASSIMILATION POLICY; CAN WE LEARN ANYTHING FROM IT?

France is considered the diplomatic nation of the world. Their language was adopted by United Nations (UN) and other international organisations as the official diplomatic language. How was this achieved by France? “Assimilation was one ideological basis of French colonial policy in the 19th and 20th centuries. In contrast with British imperial policy, the French taught their subjects that, by adopting French language and culture, they could eventually become French. The famous ‘Four Communes’ in Senegal were seen as proof of this. Here Africans were afforded all the rights of French citizens. “The French Assimilation concept was based on the […]

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