Jeff Bezos

Jeff Bezos is an entrepreneur and business magnate who is best known as the founder and CEO of Amazon, one of the world's largest online retailers. Born in 1964 in New Mexico, Bezos showed an early aptitude for technology and business. He attended Princeton University and studied computer science and electrical engineering, before going on to work on Wall Street in a variety of roles.

In 1994, Bezos founded Amazon with the goal of creating an online marketplace that would make it easy for people to buy and sell products online. At the time, the internet was still in its infancy, and many people were skeptical about the viability of an online retail business. However, Bezos was convinced that the internet was the future of commerce, and he was determined to build a company that would take advantage of the emerging technology.

Over the years, Bezos has led Amazon through a series of strategic acquisitions and partnerships that have helped the company grow and expand into new markets. Today, Amazon is a global behemoth, with a market value of over $1 trillion and a presence in virtually every corner of the world.

In addition to his work at Amazon, Bezos has also been involved in a number of other ventures. He is the owner of The Washington Post, one of the most influential newspapers in the United States, and he has also invested in a number of other businesses, including Blue Origin, a space exploration company.

Despite his success, Bezos has faced criticism and controversy at various points in his career. He has been accused of driving small businesses out of business through Amazon's aggressive pricing tactics, and he has also faced criticism for the company's treatment of its workers. However, Bezos has consistently maintained that his primary focus is on creating value for customers, and he has argued that Amazon's success is a result of its ability to deliver on that goal.

Overall, Bezos is a complex and multifaceted figure who has had a huge impact on the world of business and technology. He is a visionary entrepreneur who has helped shape the modern economy, and he is likely to continue to be a force to be reckoned with for years to come.

8 tips you need to know to start your business and 5 to solve financial Issues 👔 this 2023.

Starting a business can be a challenging and rewarding endeavor, but it requires careful planning and execution. Here are some steps to help guide you through the process:

1. Identify your business idea: This could be a product or service that you are passionate about and have expertise in, or a gap in the market that you can fill. Consider your target audience and what makes your business unique.

2. Conduct market research: Research your industry, competitors, and target audience to better understand the demand for your product or service. This will help you develop a business plan and set realistic goals.

3. Develop a business plan: A business plan is a detailed document that outlines your business goals, target market, financial projections, and marketing and sales strategies. It serves as a roadmap for your business and can help you secure financing or investment.

4. Choose a business structure: Decide on the legal structure of your business, such as a sole proprietorship, partnership, limited liability company (LLC), or corporation. Each type has different legal and tax implications, so it's important to choose the one that best fits your needs.

5. Obtain necessary licenses and permits: Depending on your industry and location, you may need to obtain certain licenses and permits to legally operate your business. Research the requirements and make sure you have everything you need.

6. Secure financing: Determine how much capital you need to start and grow your business, and explore your financing options, such as loans, grants, or investment.

7. Set up your business: This includes choosing a location, hiring employees, and setting up your business systems and processes.

8. Launch and market your business: Once everything is in place, it's time to launch your business and start marketing to your target audience. This could involve creating a website, building a social media presence, or using traditional marketing methods.

Starting a business is a complex process, and it's important to be patient and persistent. With the right planning and execution, you can turn your business idea into a successful reality.

Solving financial Issues.

There are a few steps you can take to try to solve financial issues:

1. Make a budget: A budget can help you understand where your money is going and identify areas where you may be able to cut back on expenses.

2. Prioritize your debts: If you have multiple debts, it can be helpful to prioritize which ones to pay off first. For example, you might focus on paying off high-interest debts before tackling lower-interest debts.

3. Consider debt consolidation: If you have multiple debts with high interest rates, you may be able to save money by consolidating your debts into a single loan with a lower interest rate.

4. Look for ways to increase your income: Consider taking on a side hustle or asking for a raise at work to bring in more money.

5. Seek professional help: If your financial issues are overwhelming or you're not sure where to start, consider seeking the help of a financial planner or counselor. They can provide personalized advice and guidance to help you get back on track.

Remember, it's important to be proactive and take steps to address financial issues as soon as possible. The longer you wait, the harder it may be to resolve them.

Reprogramming your mind

 

Many times we have heard that people are subconsciously programmed according to our social class, this has some truth, but it does not mean that it is definitive. As part of a society, our status is normally defined by the return we give to the community, that is, the more our skills help solve bigger problems and the less people can do it, the greater the possibility that our income will be greater.

There are different areas in which we possibly have a lot of experience and that make us do well in our businesses, jobs, school, personal life, etc., but what if we trained ourselves to improve in the aspects in which we are not so good? How much would our quality of life improve if we dedicated a few hours a day to learning about other areas that are not familiar to us?

Some time ago I noticed that in my work as a programmer, after several years of experience, my way of thinking was totally related to the methodologies used in computing and that I had extensive knowledge in this field, but unfortunately when it came time to make my payments of taxes, knowing about traffic laws, trying to remodel my house by wanting to build infrastructure, improve my diet among other activities, I had no idea about almost anything. This made me understand that it is not enough to become experts in just one area, apart from being the expert in your field of work or business, you need to have at least basic knowledge in other important areas in life.

After trying to acquire knowledge in different ways, I understood that the best way is reading works by authors who have experience in the topics of my interest. That is to say, when trying to obtain knowledge about finances, the best idea I could have was to start reading about basic financial education, thus helping me to improve my economic situation and therefore give my family a better quality of life, thus motivating me to keep learning this way. Today there are more than 100 books that I have read from different areas with a very simple method.

The reason why many people don't read books is because they think they must do it in a forced way, it is intimidating to see a 500 page book and believe that you will never be able to finish it. 

The easiest way to finish this type of book is to take advantage of the fact that they are divided by chapters. Like most people, I am also very busy during the day and it is difficult for me to sit down and read a book without getting distracted by thinking about all the activities that I have pending. But at a certain point I noticed that no matter how busy I was, I was able to read at least one chapter a day. In this way, it did not seem so impossible to read a 500-page book divided into 26 chapters during a month that has 30 days, that is, I could read a chapter that took me between 20 and 60 minutes, after that it is possible to continue with other activities and repeat the process the next day. 

The most important thing in this method is consistency. Reading one chapter per day helps you improve comprehension, since there is not so much information, so you can retain the most important and apply the knowledge acquired during the day.

Regarding the topics I wanted to read, I was also interested in knowing about the world of investments, how it was possible that there were people who made enough money to guarantee the economic health of theirs and some other generations of their family and who did not even work a 9-5 schedule like most of people today.

Once I understood these issues at a basic level, I could understand what actions I had to take to achieve my goals.

Knowing about laws, whether they are traffic laws or for the purchase of real estate, payment of taxes, deduction of expenses, is something that I think everyone should know, however it is something that very few people take into account.

For these reasons, here are the list of books that I recommend you read to delve into other areas, from these books I have obtained good ideas that have helped me improve my way of thinking and reprogram my mind to lead a more enjoyable life

This list have helped me to understand in a different maner how does the life works, and no matter  whether you are young or adult, we all may live better and with less anguish generated by money, which, although it is not the source of happiness, is necessary to have the tranquility and freedom that we need.

The 4 Stages Of Building Wealth: How to Achieve Financial Freedom Before Leaving Your Day Job

Unfair Advantage: The Power of Financial Education

Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones

The Psychology of Money: Timeless lessons on wealth, greed, and happiness

The Intelligent Investor Rev Ed.: The Definitive Book on Value Investing

Thanks a lot for reading, please share the page with your collages if it you like it.

Why you should be PATIENT 👨‍💻⏲ with your dreams 👨‍🚀🧑‍🚀

Build great things, takes time.

That's something most of the people doesn't understand. 

 

Wanting a project to succeed overnight is like trying to win the lottery.

For that you must hope that luck is on your side and believe me, the occasions when fortune is so generous with someone who has not tried hard enough are minimal.

The success that we propose in with no excuses is different. 

You have to earn it hard, every day.

People who sit and wait for luck to smile on them are going to spend most of their lives doing exactly that, waiting.

And waiting without doing anything does not mean the same as being patient.

Being patient refers to working and letting the project in question meet its goals and continue to grow.

Dreaming and imagining something is important, but designing a plan and working on it every day is more important.

 90% of people are unsuccessful in their projects simply because they lack discipline.

Consistency is the most important thing to win.

Working daily for your dreams will get you where you want to be.

Runner Usaint Bolt mentions that he trained for four years for a race that lasted approximately 10 seconds, and ordinary people want to be successful in a week.

If you are able to make decisions that make you grow, you can be sure that even if they are not the right ones, you will learn and the next time you will do better.

Otherwise, if you don't make decisions for yourself, someone else will.

And believe me, it will not be to fulfill your dreams, if not his.

From there, you will get a slice of the cake, but I assure you it will not be the largest.

Think about it. 

The best time to start building your dreams was 10 years ago.

The second best time is now. 

Go and get it!

So now you have read my thoughts.

 I know you have great ideas to share with other With No Excuses community readers.

Please leave us a comment before you go to start building your future.

knowledge must be passed on.

Subscribe if you want to read more articles like this one and take a look at the older posts, where you may find exiting quotes and ideas.