Every game or every business for that matter has its rules that the participants must abide by in order to win. But more important than observing the rules of the game is the attitude of the player which involves one’s ego.
Factoring your business’s accounts receivable is another option you may want to consider. A factoring company will pay you cash today for the future income that is currently tied up as a receivable. The amount you get will be discounted. How steep the discount will be has many variables and not all factoring companies will be interested in every type of receivable. Call a few companies and see if they are interested in what you have to sell.
If you’re under the impression there are no competitors out there, you could not be more wrong. Every other Private investor is trying to take your money and you’re trying to take everybody else’s money. That is the way it works, sorry, if you don’t like competition then take up gardening.
The production of biodiesel fuel can open up great Investment opportunities. Think of how many types of vehicles use diesel fuel including cement mixers, school buses and farm vehicles. This is a huge volume of vehicles on the road that use diesel. Now think what the impact would be of all those vehicles using biodiesel. Now can you see the incredible investment opportunity that exists? In my opinion investing in a biodiesel plant is a great way to see tremendous profits come to you in the future.
The first option is to go for a normal bank mortgage. Banks do lend money for investments as well as traditional mortgages, though you might find that your options are slightly different to a traditional mortgage. It helps if you have a good credit score. If so, you will be able to find loans with a lower interest rate. It helps to shop around in order to find the terms that work most in your favor.
Most newbie investors when starting out look for the money first and although you would think this is the first step in getting started, it’s certainly not the case. This tends to cause a lot of frustration and unwanted anxiety which in part will cause most newbie’s to quit.
It does have one severe limitation. Goal seek is not a formula. It does not permanently reside in the spreadsheet or the selected cells. Therefore you have to re-run Goal Seek each and every time you change the spreadsheet. Often this is acceptable because you have created a model specifically to calculate that one parameter. Having said that, there will be occasions where this is inadequate.
Once you have your plan, stick to it, but make sure you can modify things as you go. You wouldn’t go to a new country without planning your route and it is the same with buying investment property. And once you have your plan and everything is set, you need to work it. nothing grand ever came about without some good hard work. Never give up! Once you have set your goal, keep at it until you reach it. Bear these points in mind and soon you will see success beyond your wildest dreams.