When you think of doubling up your money then it doesn’t really sound like anything special, right?
Especially if you consider you have something like 5000 EUROs (or dollars for that matter). Let’s say you have 5000 and you are capable of turning it into 10 000 in a month. Generally speaking, the 100% growth is great here, but it didn’t make you that much richer, did it?
It’s the same with smaller sums, well, especially with smaller sums.. Eg. Take 1000 dollars. You turn it into 2000, b...
read moreEvery company is different, but often the same theories can be applied to them. The most general one that is used is simple – you have a product and you sell it. But if that’s all you do, you are not taking advantage of the tremendous potential you’d have if you’d do something more.
#1 Lets imagine you have one product that you sell. If you’re narrow-minded, you might think that here’s not too much extra you could do. But you are wrong, very wrong. You can have one product, but if you vary m...
read moreThere’s different ways to look at growth. Potentially more profit, more problems; 1 point growth means 1 point more profit means one point more problems and work. Or is it? While that’s how the general theory could look like, it actually isn’t the full truth. By making new products with the old machinery/resources you can expect to take 60% profit. So - in case of increasing the number of trades or projects, expenses grow slower than income.
But there’s one thing to keep in mind though. Gene...
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