The Parthenon Principle
Have you seen a photo of the Parthenon in Athens, Greece? I will continuously remember approaching the enormous granite ruins. The size and power still staying in a structure built 2500 years formerly is bothersome!
The roof presses the ground, in pieces, a variety of the columns that supported it stay in location. There are a bargain of columns!
I think about the Parthenon’s roof normally. If its’ roof had actually not been supported by all those columns it never ever would have lasted as long as it did. By any requirements, it lasted a long period of time.
I have a roof, which shelters my household and I call it a monetary or earnings roof. It offers all our fundamental requirements. Earnings or incomes likewise emotionally supports us, and utilizes the benefit we enjoy in our lives.
I do not desire my roof to fall in. My Parthenon Principle is to support this monetary roof with as lots of columns as possible., if one column of earnings collapses (and they continually do) there are others to take the weight so that the total revenues structure will not crash on our heads
.
Another method to take a look at this is – do you have all your eggs in one basket? Is your whole revenues dependant on one source? What would strike you if that source vanished?
Last month, I lost my biggest company customer. It happens. This customer had actually in reality grown over the last 5 years, gradually making use of more of my services and representing over eighty percent of our revenues.
I had let it get disproportional big. We were prepared with backups, and other ‘standby’ pillars of incomes, prepared to be entered, to support the revenues roof.
Consider your earnings and profits, and prepare yourself for worst case circumstances. Make the alternative today to support your revenues roof, and your earnings streams by utilizing the Parthenon Principle.
Not merely will this fund offer emergency situation assistance if required, you will have a sense of monetary adaptability simply understanding it exists. Consider it as an extra column for your roof.
Exists someplace you can include on part-time work, doing something you take pleasure in, which would supply you with included earnings? Even a little quantity of cash will construct a monetary reserve, and supply you an earnings if your main source stops working.
3. Remove your financial dedication as much as possible. If there are no month-to-month payments to be sent out by mail, you can handle without revenues far longer.
Believe Parthenon Principle!
Your online pal and Coach,
Miami
Miami Phillips
Assisting others discover their course – and remain on it.
www.creativemasterminds.com
Quote of the Week
” Failure to prepare is preparing to stop working.” Mike Murdock
I have a roof, which shelters my house and I call it a monetary or earnings roof. Profits or revenues likewise mentally supports us, and utilizes the additionals we enjoy in our lives.
My Parthenon Principle is to support this monetary roof with as different columns as possible., if one column of earnings collapses (and they continually do) there are others to take the weight so that the total earnings structure will not crash on our heads
.
Even a little quantity of cash will develop a monetary reserve, and supply you an earnings if your main source gives up working.
I think about the Parthenon’s roof typically. I have a roof, which shelters my house and I call it a monetary or profits roof. Earnings or revenues likewise emotionally supports us, and utilizes the advantage we enjoy in our lives.
Is your whole earnings dependant on one source? You can deal with without earnings far longer if there are no month-to-month payments to be sent out by mail.
I think about the Parthenon’s roof normally. If its’ roof had actually truly not been supported by all those columns it never ever would have lasted as long as it did. I have a roof, which shelters my household and I call it a monetary or earnings roof. I think about the Parthenon’s roof usually. I have a roof, which shelters my house and I call it a monetary or incomes roof.