Tuesday, February 18, 2020

Ten commandments for Jewish Riches!

1. Believe in the dignity and morality of business.
2. Expand your network.
3. Get to know yourself
What people value most in others to do business with is :
A. Trust
B. Determination : Know what you want so you can achieve your goals. Understand what motivate you and others.
C. Person of character
D. Constant

4. Don't try to be perfect. Life,  investing and business is never going to be perfect.  There are always problems and imperfections along the way.  So don't worry too much about it. In business,  reward those who are driven by cooperation and obligation to other.
5. Be a leader.
Take action and the opportunities to lead to riches will arise.
According to Jewish,  to be an effective leader you need.
A.  Vision
B.  Learn to follow
C.  Confrontation You must have the courage to present and maintain the vision, even in the face of opposition.
6) Embrace changes.
7) Forsee the future
8)Understand Money :
Money is simple,  trade is built on trust.  Any currency that is not trust worthy usually has a weak currency.
Money is a physical representation of what you done for others.
 The more you have the more you have changed the world.
9) Give way : Rich Jews give away 10% of their wealth to charities or other means to help the needed.
10) Never Retire.
God created us to work.  Your usefulness to the world is not a finite resource that gets used up, so when you retire and no longer add to the world through work,  you deteriorate.
How Jews manage their wealth :
1. Expenses - 50%
2. Savings - 10%
3. Emergency - 10%
4. Give away - 10%
5. Investments - 20% - Gold and Property and in business.
Invest one third in land,  One third in business and one third in cash.
Your money working hard for you. 

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