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Tuesday, November 8, 2011

Be Active in One's Business, Don't just work on It!

Operating a business is no different than managing your own personal bank account. Dave Ramsey is a person money management expert and has the tools to not only bring people out of debt, but keep them out of debt. I believe his philosophies can be taken and used in managing one’s own business. “Ramsey knows first-hand what financial peace means in his own life – living a true rags-toriches-to-rags-to-riches story. By age twenty-six he had established a four-million-dollar real estate portfolio, only to lose it by age thirty. He has since rebuilt his financial life and now devotes himself full-time to helping ordinary people understand the forces behind their financial distress and how to set things right – financially, emotionally, and spiritually.” (Dave Ramsey.com) Understanding on how to spend one’s money, investing for oneself and being able to give to others is something all should understand.  He offers classes and events, one being held in January in Atlanta GA.  He also extends his knowledge to leadership events with everything you ever wanted to know about building and growing a business.  A Entreleader of Dave’s course claims his secret to being successful in business requires “intentionality, which means stopping the daily grind long enough, and on a regular basis, to look beyond today, set some goals, and then plan strategic steps to reach those goals. It also means weighing the costs and the potential returns of outsourcing some of my responsibilities to others so I can, as Dave says, "work on my business, not just in my business.” (Brad Tibbs)

I would advise anyone to take on the challenge before starting a business and take his 13 week program called Financial Peace University (FPU). The program educates participants about how to reduce debt, gain control of their finances and learn new behaviors around money.  More than 70% of Americans live paycheck to paycheck. Thirty-three percent of Christian marriages end in divorce, and money problems are the number one cause.” (Dave Ramsey.com) Why become part of that statistic? Take the course today and the knowledge can only be an added benefit when starting a business and investing one’s money.


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