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Accounting,Applied Sciences,Architecture and Design,Biology,Business & Finance,Calculus,Chemistry,Computer Science,Geology Hide all
Teaching Since: Jul 2017
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Category > Business & Finance Posted 21 Dec 2017 My Price 8.00

Section 6 - Creating Wealth ( Who Owns the Ice House ) Wealth Perceived What does it mean to be wealthy?

Section 6 –  Creating Wealth (Who Owns the Ice House)

 

Wealth Perceived

What does it mean to be wealthy?

 

 

 

 

Describe the difference between those that appear to be wealthy and those who possess true wealth?

 

 

 

 How is our desire to appear wealthy at odds with our ability to create wealth?

 

 

 

 

Wealth Defined

Define the terms:

Income:

Expense:

 

 

 

What is an Income Statement and what is it used for?

 

 

 

What is a balance sheet or net worth statement and what is it used for?

 

 

 

 What is an asset and give an example

 

 

 

What is discretionary income and why is it important to an entrepreneur?

 

 

 What role does luck play in the creation of wealth?

 

 

Spending vs Investing

 

Describe the difference between spending and investing?

 

 

 How does this concept empower entrepreneurs?

 

 

 Describe the difference of those driven by impulse and those driven by their visions, purpose and goal

 

 

What is the motivation to appear wealthy?

 

 

 What is the motivation to create wealth?

 

 

 How does our mindset create wealth?

 

 

 Reflection– Creating Wealth

Is the ability to create wealth important to you? Why or Why not? How do your beliefs affect your ability to create wealth? What is the greatest barrier that stands in your way to creating wealth?

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Martinakom
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Status NEW Posted 21 Dec 2017 02:12 PM My Price 8.00

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