BEFORE YOU START A BUSINESS

Planning For Great Success.By Eburuche O C Banito

It had become a widespread reality that you do not have to have a degree or an MBA in business administration or management before you could successfully run a business; be it the small, medium or large scale.  Though, the principles of business success are rooted in books but they reality and practical applications of these principles are beyond the pages. So, do not be deceived. The reality is that you could even have a PhD in Business Management yet end up a branded failure. Let’s look at it this way, how many successful businesses are managed by business degree, MBA or PhD holders? Just think about it.

Are you overspending and under-saving, just like the rest of the nation?

 “I am only one, but still I am one. I cannot do everything, but still I can do something; and because I cannot do everything, I will not refuse to do something that I can do.” – Helen Keller

 

According to the Bureau of Labor Statistics, on average American household spends 36.9% of their gross annual income on rent/mortgage and utilities!

 

So let’s do the math…

 

If your annual household income is $50,000, you’ll spend $18,450 on rent and utilities and will have $31,550 to cover all of your other remaining expenses.

How about this one: an average American household spends 5.7% of their annual income on restaurants – not counting regular grocery items. That’s $2,850 a year, or $237.50 per month, based on the $50,000 annual income.

21st Century Jobs: How Much Does It Pay To Be A Twitter Consultant?

Pinterest consultants and Facebook cover designers are among the jobs enjoying a surge thanks to social media

The rise of social media and the internet has brought about a wave of new jobs that didn’t even exist five years ago - and the pay's not bad either. 

The number of Pinterest and Twitter consultants registering for work has surged over the past 12 months, according to online freelancer marketplace PeoplePerHour.