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*Salary Explained*

Salary, is a specific amount of money that an employee is paid for work done.

Research has shown that the poorest group of people in the world are salary earners, next to beggars.

They live in a vicious cycle of poverty managed on 30 days. They continuously wait for it every month and any slight delay brings about heartbreaking anxiety, pressure and disappointment.

*Salary Is a short term solution to a life time problem.*

Salary alone cannot solve your money problems. You need multiple sources of income to balance.

The tax returns form contains about 11 income streams, salary is just one.

Don't live your life fishing with just one hook, there are many fishes in the ocean.

*Salary Is the value someone has put on your effort.*

*How much do you value yourself?*

You can't increase in value, unless you VALUE yourself differently.

Life Is a trade off between time, effort and reward. To be rewarded more, you have to become more valuable.

Most salary earners end up poor in the long and short term.

*Salary is the bribe they give you to forget your dreams*.

Kindly DIGEST my words.... It's time to wake-up !!!

*Think investments today*
*Think multiple streams of income*

SUCCESS COMES THROUGH SEVERAL TRIALS!_*
The economy is tight, yet people are still buying cars. People are opening new businesses. People are expanding new frontiers.
Stop complaining! Government is not the answer for the hour. *You are the driver of your destiny.* I have never seen any time in the history of the human race when there are no hard times. *Yet people made waves and affected their generation.*
If you see anybody complaining, you see a frustrated lazy man or woman looking for cheap answers and solutions.
*Nothing in life will ever come easy.* I believe what we need in this period is the drive to push until victory comes.
*_Many successful people had tried one thing or the other before they became successful._*
*Keep trying. If you fail, try again. If you fail again, try again. And as you keep trying in the right direction and at the right things, success will surely come.*
I Have Never Seen A *RICH Person* Who Has Never *lost Money.* But I Have Seen A Lot Of *POOR People* Who Have Never *Lost a Dime* ---Robert Kiyosaki-
The *Primary Difference* Between the *RICH* and the *POOR* Is How They *Handle FEAR* in Investment ---Robert Kiyosaki.
Have a Positive mindset about investment. You Can *NEVER* Be Rich If You Are *TOO SCARED* Of Losing Money.
*SALARY* alone cannot solve your money problems. You need Secondary Source of income to balance
*SALARY* is the *MEDICINE* for managing *POVERTY, it doesn't CURE It.* only your *BUSINESS* or *INVESTMENT* Cure Poverty.
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Management application can be utilised by a person or a group of people and by a company or a group of companies depending upon the type of management skills being used. Management can be applied to every aspect of activity of a person or an organization:
Self-management skills
Self-governance is the act of conducting oneself to get things done. [1] Effective management of oneself is a natural prerequisite of effective management. [2] Personal skills related to business activity include:
Managerial effectiveness – getting the right things done . Peter Drucker reminds us that "effectiveness can and must be learned". [3]
Self-control – in the general sense, controlling one's own actions and states
Attention management –
Stress management –
Task management –
Time management –
Self-employment –
Personal resource management
Personal information management –
Personal knowledge management –
Personal finance
General organization management skills
Administration
Agile management –
Asset management –
Change management – is a field of management focused on organizational changes. It aims to ensure that methods and procedures are used for efficient and prompt handling of all changes to controlled IT infrastructure, in order to minimize the number and impact of any related incidents upon service.
Conflict management –
Conflict resolution –
Constraint management –
Theory of Constraints –
Focused improvement –
Donella Meadows' twelve leverage points to intervene in a system –
Corporate governance –
Cost management –
Crisis management –
Critical management studies (CMS)
Customer relationship management –
Data management –
Design management –
Earned value management –
Human interaction management –
Integration management –
Interim Management –
Knowledge management –
Logistics management –
Operations management –
Organization development –
Perception management –
Planning –
Process management – ensemble of activities of planning and monitoring the performance of a process, especially in the sense of business process, often confused with reengineering.
Program management –
Project management (outline )
Quality management –
Requirements management –
Resource management –
Risk management – management specialism aiming to reduce different risks related to a preselected domain to the level accepted by society. It may include numerous types of threats caused by environment, technology, humans, organizations, and politics.
Skills management –
Spend management –
Strategic management –
Strategic planning –
Systems management –
Management science – (MS), is the discipline of using mathematical modeling and other analytical methods, to help make better business management decisions.
Nonlinear management – (NLM) superset of management techniques and strategies that allows order to emerge by giving organizations the space to self-organize, evolve and adapt, encompassing Agile, Evolutionary and Lean approaches, as well as many others.
Operations management – area of business that is concerned with the production of good quality goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. It is the management of resources, the distribution of goods and services to customers, and the analysis of queue systems.
Scientific management – theory of management that analyzes and synthesizes workflow processes, improving labor productivity.
Department management
Accounting management –
Communication management –
Engineering management –
Enterprise content management –
Financial management (outline )
Human resource management –
Information technology management –
Marketing management –
Procurement –
Product management –
Records Management –
Supply chain management
Field- or organization-specific management
Association management –
Community management –
Educational management –
Facility management –
Investment management –
Land management –
Public administration –
Public management –
Restaurant management –
Talent management
Business strategy
Strategic management –
Structure –
Strategy –
System – repetitive procedures designed to implement a strategy.
Business analysis
Business analysis – set of tasks, knowledge, and techniques required to identify business needs and determine solutions to business problems. Solutions often include a systems development component, but may also consist of process improvement or organizational change.
Competitor analysis
Goal setting
Goal setting – involves establishing specific, measurable and time targeted objectives
Goal – or objective consists of a projected state of affairs which a person or a system plans or intends to achieve or bring about — a personal or organizational desired end-point in some sort of assumed development. Many people endeavor to reach goals within a finite time by setting deadlines
Examples of business objectives
Competitive advantage –
Sustainable competitive advantage
Planning
Planning – in organizations and public policy is both the organizational process of creating and maintaining a plan; and the psychological process of thinking about the activities required to create a desired goal on some scale.
Scheduling –
Critical path method – algorithm for scheduling a set of project activities.
PERT –
Strategic planning –
Business plan –
Business process –
Business Process Modeling – (BPM) activity of representing processes of an enterprise, so that the current ("as is") process may be analyzed and improved in future ("to be").
Approaches
Centralisation –
Decentralisation –
Management by objectives –
Six Sigma – business management strategy, originally developed by Motorola, that today enjoys widespread application in many sectors of industry.
Viable Systems Model
Feedback
Financial statement
Mistakes
Analysis paralysis
Concepts
Middle management –
Senior management
Balanced scorecard –
Benchmarking –
Board of directors –
Business –
Business intelligence –
Business model – a profit-producing system that has an important degree of independence from the other systems within an enterprise.
Business operations –
Business operations – are those ongoing recurring activities involved in the running of a business for the purpose of producing value for the stakeholders. They are contrasted with project management, and consist of business processes.
Business process – is a collection of related, structured activities or tasks that produce a specific service or product (serve a particular goal) for a particular customer or customers. There are three types of business processes: Management processes, Operational processes, and Supporting processes.
Case study – is a research method which involves an in-depth, longitudinal examination of a single instance or event: a case. They provide a systematic way of looking at events, collecting data, analyzing information, and reporting the results.
Change control – the procedures used to ensure that changes (normally, but not necessarily, to IT systems) are introduced in a controlled and coordinated manner. Change control is a major aspect of the broader discipline of change management.
Corporate image –
Corporate titles
Cost –s in economics, business, and accounting are the value of money that has been used up to produce something, and hence is not available for use anymore. In business, the cost may be one of acquisition, in which case the amount of money expended to acquire it is counted as cost.
Critical success factor –
Cross ownership –
Cultural intelligence –
Deliverable – contractually required work product, produced and delivered to a required state. A deliverable may be a document, hardware, software or other tangible product.
Enterprise modeling – is the process of understanding an enterprise business and improving its performance through creation of enterprise models. This includes the modelling of the relevant business domain (usually relatively stable), business processes (usually more volatile), and Information technology
Environmental scanning –
Focused improvement – in Theory of Constraints is the ensemble of activities aimed at elevating the performance of any system, especially a business system, with respect to its goal by eliminating its constraints one by one and by not working on non-constraints.
Fordism – named after Henry Ford, refers to various social theories. It has varying but related meanings in different fields, and for Marxist and non-Marxist scholars.
Futures studies –
Industrial espionage
Industry or market research
Innovation –
Leadership –
Lean manufacturing – or lean production, which is often known simply as "Lean", is the practice of a theory of production that considers the expenditure of resources for any means other than the creation of value for the presumed customer to be wasteful, and thus a target for elimination.
Level of Effort – (LOE) is qualified as a support type activity which doesn't lend itself to measurement of a discrete accomplishment. Examples of such an activity may be project budget accounting, customer liaison, etc.
Manufacturing –
Marketing research –
Motivation – is the set of reasons that determines one to engage in a particular behavior.
Operations Research – (OR) interdisciplinary branch of applied mathematics and formal science that uses methods such as mathematical modeling, statistics, and algorithms to arrive at optimal or near optimal solutions to complex problems.
Operations, see Business operations
Organization development – (OD) planned, structured, organization-wide effort to increase the organization's effectiveness and health.
Organization – social arrangement which pursues collective goals, which controls its own performance, and which has a boundary separating it from its environment.
Poison pill –
Portfolio in finance is an appropriate mix of or collection of investments held by an institution or a private individual.
Process architecture – structural design of general process systems and applies to fields such as computers (software, hardware, networks, etc.), business processes (enterprise architecture, policy and procedures, logistics, project management, etc.), and any other process system of varying degrees of complexity.
Profit –
Proport – combination of the unique skills of an organisation's members for collective advantage.
Quality can mean a high degree of excellence (“a quality product”), a degree of excellence or the lack of it (“work of average quality”), or a property of something (“the addictive quality of alcohol”).[1] Distinct from the vernacular, the subject of this article is the business interpretation of quality.
Quality, Cost, Delivery (QCD) as used in lean manufacturing, measures a businesses activity and develops Key performance indicators. QCD analysis often forms a part of continuous improvement programs
Reengineering – radical redesign of an organization's processes, especially its business processes. Rather than organizing a firm into functional specialties (like production, accounting, marketing, etc.) and considering the tasks that each function performs; complete processes from materials acquisition, to production, to marketing and distribution should be considered. The firm should be re-engineered into a series of processes.
Reverse engineering –
Risk – is the precise probability of specific eventualities.
Shareholder value –
Systems Development Life Cycle – (SDLC) is any logical process used by a systems analyst to develop an information system, including requirements, validation, training, and user ownership. An SDLC should result in a high quality system that meets or exceeds customer expectations, within time and cost estimates, works effectively and efficiently in the current and planned Information Technology infrastructure, and is cheap to maintain and cost-effective to enhance. [4]
Systems engineering – is an interdisciplinary field of engineering that focuses on how complex engineering projects should be designed and managed.
Task analysis – is the analysis or a breakdown of exactly how a task is accomplished, such as what sub-tasks are required

1. Stop giving it a try -- go all in!
Statistics show that millennials are less entrepreneurial and fail more often, but deeper research shows the reason. Many of us are just shooting some hoops, trying to get one in the basket. Many millennials say they would like to be their own boss, but far fewer take the plunge. Although there is far more support available in the form of incubators, cultural acceptance and recognition of entrepreneurs “there is still a gap between the ambition the [millennial] generation actually have and those that go on to start a business,” says Robert Osborne of the Centre for Entrepreneurs , a think tank in London.
So what would you do if you have a bubbling entrepreneurial vision but also a bucket load of student loan debt and $200 cash? If these things stop you, you have invested a lot of time in excuses when you should have been investing in your vision. Mogul CEO Tiffany Pham found herself in the exact same situation, and as a young woman in the entrepreneurial space, it was even more difficult. However, she had only one way to go -- forward.
"If I didn’t have those millions of dollars to hire a team of engineers then how could I make a difference myself? Maybe I could just teach myself how to code and build this platform myself,” Pham opined . She wasn’t kidding either; she took several day jobs while learning to code at night.
Pham depicts the spirit that we all wish more millennials would incorporate. In her words , “I invest where it’s really important right now, so every dollar goes into Mogul.” As a result, Mogul has grown rapidly as a social enterprise providing women in 196 countries and 30,470 cities with information access, economic opportunity and education.
Related: How I Overcame Imposter Syndrome and Became the Leader I Was Meant to Be
2. Innovate around innovations.
“The entrepreneur of this age is one who discovers where the world is going and goes there first.” This quote is often attributed to Microsoft founder Bill Gates. It has been adopted by many millennials in their bid for entrepreneurial dominance. While we are often seen as the innovation generation, looking too far into the future has become another source of the business lethargy among us.
Not everyone is going to make something out of nothing. Sometimes, you only have to watch what has been made and make something new out of what is. For instance, rather than create the world’s next Samsung, why not invest in creating the best music app on the Samsung Galaxy?
Since the turn of the century, the conversation in the automobile industry began returning to electric cars and hybrids, while all the big brands were launching into manufacturing. FLO, alongside other creative and smart companies, launched into making home and commercial electric car chargers and charging points.
FLO is just one example of companies that thrive around innovation. They built their brand and product around an already existing innovation. Perhaps if millennials started thinking of innovation in these terms, they would find it to be less of a Herculean task and will get more involved in entrepreneurial innovation.
In the words of Louis Tremblay, president and CEO of FLO and another millennial entrepreneur, “FLO is at the forefront of innovation, and we take pride in leading the way to make EV charging more accessible and more convenient."
Sometimes, innovation just means making it easier for people to use an already existing product.
Related: Corporate America Needs to Understand These 4 Keys to Working With Millennials
3. If it's all about you, you probably won’t last.
The first question I ask millennial wanna-be entrepreneurs is, “Why do you want to become an entrepreneur?” The response varies from the vague "to change the world," to the more common "to make a lot of money." The problem is, most people are focusing on the possible end results of entrepreneurship rather than vetting their inner motivations, which are often key to reaching those results.
Nick Pena admits to being in this circle until he suffered a massive sports injury. The injury gave him time to reflect about life and time to read. One of his friends died during this time period as well. Pena started reading about investment and slowly began unveiling its mysteries. However, the passion that was born from all of his study was not the shallow desire to make it big, but a desire to educate as many as possible to infiltrate the investment market and succeed. He credits his massive success to his need to empower others, not himself.
Fast forward few years later, and Nick is not just very successful as an investor, he has become an Instagram sensation and influencer and spends his time doing what he loves best --teaching others via his company, The Trade Academy . All he does is in keeping with his ideals. “Never make entrepreneurship all about you or you would not last very long," he says.
Millennials haven’t quite gotten this message.
4. Success is never self made.
There is no self- made business or self-made millionaire instead. Millennials need to drop the idea of the self-made and start seeing business as a space dominated by strategic partnerships and affiliations. I was fortunate to be on a panel that vetted some business plans submitted by some aspiring millennial entrepreneurs. We were grossly disappointed by the number of millennials trying to build do-it-all businesses.
In this age and time, it is unnecessary to build such companies. There are way too many companies that specialize in ancillary roles like marketing, content creation, web management and graphics. While it is true that a company can grow to create all these departments, the inability to have them right at the start is no crime.