Best Business Quotes: 1-5

Quotes are short words yet precious as gold phrases that change people’s lives for good or even for greatness. They serve as our inspirations, lights, and strengths that help us achieve our goals. In my path to entrepreneurial success, I always bring with me my best business quotes. Some of them were lessons I learned during my business journey. Others are my original quotes which are already in my day to day life since I was young. Regularly, I will share them here for all my guest and readers. I’ll also publish new quotes that I may learn in my future life as an entrepreneur.  To start, I give to you my first five business quotes. Read more

Business Bible Verse about planning and diligence – Proverbs 21:5

“The plans of the diligent lead surely to plenty, but those of everyone who is hasty, surely to poverty.” Proverbs 21:5

In business, we should not become careless and in a hurry. We should posses the virtue of patience and diligence. Business success is not instantly achieved. It should be carried out with sacrifices and endurance to attain long-term success. Intelligence, talents and skills are not enough without diligence. Remember the story of the turtle and the rabbit? The two agreed to have a race. The rabbit has all the advantage since he is so fast compare to the turtle. Because of that advantage, the rabbit just sleep under the three after surpassing the turtle during the middle of the race, thinking the turtle is too slow and he can win the race even if he will sleep for a while. Read more

Seven steps and secrets on how to become a millionaire and a rich person

How to become rich? How to become a millionaire? How to become a billionaire? Undeniably, all of these questions have already entered into our minds or perhaps what are running in our minds at this moment of time. Some people will say that the key to richness and millions is hard work, and some say it is discipline. But why there are people who have achieved so much wealth even without hard work and even without discipline? Some people even work for just four hours a day and achieve financial success. There could be untold steps and ways on how to become wealthy and rich. The following are my seven secrets on how we can become people of riches. Read more

The Importance and Uses of Notes to the Financial Statements

The complete set of financial statements include the balance sheet, income statement, statement of changes in equity, cash flow statement and notes to the financial statements. If you will read the first four financial statements mentioned above, you will see notes referring to numbers after each accounts in those financial statements. At the footer of the balance sheet, income statement, statement of changes in equity and cash flow statement, you will see a phrase saying “see accompanying notes to the financial statements” or “the accompanying notes are integral parts of these financial statements”. The first four financial statements are linked to the notes to the financial statements to provide clearer and complete financial information to the users of financial statements. Read more