The Parthenon Principle
Have you seen a picture of the Parthenon in Athens, Greece? I will continuously remember approaching the big granite ruins. The size and power still staying in a structure established 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 an offer of columns!
I think about the Parthenon’s roof normally. If its’ roof had in truth not been supported by all those columns it never ever would have lasted as long as it did. By any requirements, it lasted a prolonged amount of time.
I have a roof, which shelters my house and I call it a monetary or earnings roof. It supplies all our important requirements. Revenues or earnings likewise psychologically supports us, and uses 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 good deals of columns as possible., if one column of incomes collapses (and they continuously do) there are others to take the weight so that the general earnings 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 earnings dependant on one source? What would strike you if that source vanished?
Last month, I lost my biggest service customer. It happens. This customer had actually in fact grown over the last 5 years, gradually utilizing more of my services and representing over eighty percent of our revenues.
I had let it get disproportional substantial. We were prepared with backups, and other ‘standby’ pillars of revenues, prepared to be gotten in, to support the earnings roof.
Consider your revenues and profits, and prepare yourself for worst case situations. Make the alternative today to support your earnings roof, and your earnings streams by utilizing the Parthenon Principle.
Not merely will this fund offer emergency situation scenario assistance if required, you will have a sense of monetary versatility 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 delight in, which would offer you with included revenues? Even a little quantity of cash will develop a monetary reserve, and supply you an earnings if your main source stops working.
3. Remove your financial commitment as much as possible. If there are no month-to-month payments to be sent out by mail, you can deal with without revenues far longer.
Believe Parthenon Principle!
Your online buddy 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. Earnings or incomes likewise mentally supports us, and uses 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 revenues collapses (and they continuously do) there are others to take the weight so that the total revenues structure will not crash on our heads
.
Even a little quantity of cash will develop a monetary reserve, and supply you an incomes if your main source supplies 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. Revenues or incomes likewise psychologically supports us, and uses the advantage we enjoy in our lives.
Is your whole earnings dependant on one source? You can deal with without incomes far longer if there are no month-to-month payments to be sent out by mail.
I have a roof, which shelters my house and I call it a monetary or incomes roof. I have a roof, which shelters my house and I call it a monetary or incomes roof.
I have a roof, which shelters my house and I call it a monetary or incomes roof. I have a roof, which shelters my house and I call it a monetary or revenues roof.
I have a roof, which shelters my house and I call it a monetary or incomes roof. I have a roof, which shelters my house and I call it a monetary or revenues roof. I have a roof, which shelters my house and I call it a monetary or earnings roof. I have a roof, which shelters my house and I call it a monetary or profits roof. I have a roof, which shelters my house and I call it a monetary or revenues roof.