The Parthenon Principle
Have you seen a picture of the Parthenon in Athens, Greece? I will constantly keep in mind approaching the massive granite ruins. The size and power still remaining in a structure constructed 2500 years back is discouraging!
The roof rests on the ground, in pieces, much of the columns that supported it remain in place. There are a good deal of columns!
I think of the Parthenon’s roof generally. If its’ roof had really not been supported by all those columns it never ever would have lasted as long as it did. By any requirements, it lasted an extended period of time.
I have a roof, which shelters my home and I call it a financial or revenues roof. It takes care of all our basic requirements. Earnings or earnings similarly psychologically supports us, and uses the benefit we enjoy in our lives.
I do not want my roof to fall in. My Parthenon Principle is to support this financial roof with as various columns as possible., if one column of revenues collapses (and they continuously do) there are others to take the weight so that the overall profits structure will not crash on our heads
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Another approach to have a look at this is – do you have all your eggs in one basket? Is your entire incomes dependant on one source? What would occur to you if that source disappeared?
Last month, I lost my most significant service consumer. It takes place. This client had really grown over the last 5 years, slowly utilizing more of my services and representing over eighty percent of our incomes.
I had let it get disproportional huge. We were prepared with backups, and other ‘standby’ pillars of earnings, all set to be rushed in, to support the earnings roof.
Consider your profits and earnings, and prepare for worst case circumstances. Make the alternative today to support your profits roof, and your revenues streams by making use of the Parthenon Principle.
Not simply will this fund supply emergency circumstance support if needed, you will have a sense of financial liberty merely comprehending it exists. Think of it as an additional column for your roof.
Exists someplace you can consist of on part-time work, doing something you enjoy, which would provide you with consisted of incomes? Even a little amount of money will build a financial reserve, and use you an incomes if your primary source quits working.
3. Eliminate your monetary responsibility as much as possible. You can deal with without profits far longer if there are no routine month-to-month payments to be sent out by mail.
Believe Parthenon Principle!
Your online buddy and Coach,
Miami
Miami Phillips
Helping others find their course – and stay on it.
www.creativemasterminds.com
Quote of the Week
” Failure to prepare is preparing to quit working.” Mike Murdock
I have a roof, which shelters my family and I call it a financial or profits roof. Earnings or revenues also psychologically supports us, and provides the additionals we enjoy in our lives.
My Parthenon Principle is to support this financial roof with as great deals of columns as possible. , if one column of profits collapses (and they continuously do) there are others to take the weight so that the overall incomes structure will not crash on our heads.
.
Even a little amount of money will build a financial reserve, and supply you an incomes if your primary source quits working.
I have a roof, which shelters my family and I call it a financial or earnings roof. Earnings or earnings similarly psychologically supports us, and uses the benefit we enjoy in our lives.
Is your entire incomes dependant on one source? This consumer had in fact grown over the last 5 years, slowly utilizing more of my services and representing over eighty percent of our profits.
If there are no routine month-to-month payments to be sent out by mail, you can manage without incomes far longer.