How To Achieve Wealth Goals ?
July 2, 2019 Leave a comment
Wealth is additive.That is to say,the crores are made of lakhs and the lakhs of thousands.And the systems that produce the thousands and the lakhs are the building blocks of the systems that produce the crores.
So if you would achieve the big wealth goals,remember one simple maxim: Don’t break the chain.
Here’s how Jerry Seinfeld uses the above maxim a wall calendar and a marker:
“For each day that I do my task of writing, I get to put a big red X over that day. After a few days, you’ll have a chain. Just keep at it and the chain will grow longer every day. You’ll like seeing that chain, especially when you get a few weeks under your belt. Your only job next is to not break the chain.” Read more of this post
Strong disagreements are inevitable in all human relationships, but families that own businesses are more at risk for serious conflict than ordinary families because the power, status, and money at stake are greater.
In family businesses, hiring and staffing decisions are based on relationship and obligation as much as on competence and experience. After all, one purpose of family businesses is to provide employment for the family members ! But that doesn’t mean all family members perform effectively,all the time. People may slack off or stop collaborating, and sometimes they get a pass for their mistakes or behaviors. At times, they may even be disruptive to the smooth running of the business.
Back in April 2018, when I read the press release from Cognizant about having teamed up with a consortium of fifteen Indian life insurers and developed a blockchain solution to facilitate cross-company data-sharing to help these life insurers reduce their reliance on data intermediaries and aggregators in obtaining customer and policy details for a wide range of critical purposes, such as know-your-customer due diligence, financial and medical underwriting, risk assessment, fraud detection, and regulatory compliance, I was FURIOUS.
Blockchain is a shared, distributed ledger with non-repudiation of transactions that can work in the absence of trust across a peer-to-peer network. Blockchain technology has the capacity to deliver wide-ranging benefits to humanity that are obfuscated by the charged debates on cryptocurrencies these days. Applied to insurance,blockchain technology opens the door to many positive developments for consumers,such as: 
wealthymatters 