Personal Economic Independence – Hurdles during Economic Struggle

Hurdles during Economic Struggle:

Human beings are weak. They make mistakes time and time again. Despite this weakness, God has gifted powers, latent and patent, to move forward. Economic agents can wisely use these powers to offset their financial mistakes.

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Personal Economic Independence – Introduction to Independence

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Introduction of Independence: 

An individual is initially dependent on others during the early phase of life; first 20 years. Throughout this phase, the person obtains knowledge on multiple subjects, attains wisdom through manifold observations, and builds up moral strength by means of spiritual/humane practices. Nevertheless, the person is barely in touch with the business world during this phase. Later on, along with multi-dimensional independent life experiences, the individual, in the second phase of life, is consequentially apprised about economic fields and economic works.

Note: The motive of this, along with a few of my future posts, is to sketch and portray for readers an effective roadmap towards personal economic independence, the gateway to a satisfied life.

Economic Work – Nature and Definition →

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Effective Business Planning

YOUR PLANNING PARTNER

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“Those who Fail to Plan, Plan to Fail.”

A basic management function is to achieve maximum performance with minimum resources. The effective business planning consists of five steps:

  •  Identification of SMART goals,
  •  Formulation of effective strategies,
  •  Arrangement or creation of required resources,
  •  Organization of available resources, efficiently, &
  •  Implementation of all necessary steps in proper sequence.

http://www.smcse.com  http://www.wisdominn.org

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