Though technology makes everyday tasks a bit easier, sometimes, the best thing a business owner can do is unplug and recharge! Running a business is a time-consuming and stressful effort. But by stepping back, you can reset and get a fresh perspective on your work. Start small. Create small habits if you can’t go an entire day without technology! Try starting your morning completely unplugged until you get into the office, or step away from your devices for an hour or two during the day. When you start small, you can build from there! Schedule email time. We are all too familiar with an overwhelming email stream. We wake up and fall asleep to it, and if we’re not careful, the constant interruptions can run our entire day! If you want to cut down on screen time, schedule email checks. You can make a commitment to address them in the morning or maybe the late afternoon. But during after-hours, establish a hard cutoff time! Inform your employees and clients of your available time frame — set an expectation for more productivity and communication. Choose a second in command. Suppose you’re dedicated to checking out now and then. In that case, it can be beneficial to have someone handle anything that may arise. Consider Return to Work Recharged Take Time to Unplug!
someone trustworthy and reliable, and give them an overview of day-to-day operations. You can explain what can and cannot be done and alert other employees that all questions and concerns be directed to this person. Make time for yourself. When you’re at work, your main priority is to focus on your business and clients. But when you pack up and head home, you must take time for yourself! Do activities you love, spend quality time with family and friends, and put away your laptop and phone. That email or call can wait until the next business day begins.
Pulling the plug on technology can feel intimidating as a business owner, but give it a try! You may be surprised at how refreshed you feel returning to work.
AN APPROACH TO LONG-TERM INVESTING
REACH YOUR FINANCIAL GOALS
Benjamin Graham first published “The Intelligent Investor” in 1949, and the book has been acknowledged globally as the most significant investment guide of the 20th century. It has taught and inspired people worldwide, including Warren Buffett, who described it as one of the best books ever written on investing! According to Graham, those willing to devote energy and cultivate a specific mindset have the opportunity to generate profitable long-term investments. He was able to gain wealth by precisely evaluating companies in the stock market without taking any significant risks. Here are three lessons from “The Intelligent Investor” that can help you invest successfully! Understand the value behind the business. Whatever stock you are looking to invest in, it is essential to know that it isn’t simply an
asset. There is a real business behind it, and if you’re looking to invest long term, you must understand how much value the company has.
information that tends to have little to do with the long-term value of their investments. That is why it is essential to prioritize your research over impulses. Focus on the facts. It can be easy to follow what the majority are doing. Still, you must rely on something other than the herd mentality to buy or sell your holdings. If you’re looking to invest long term, you must analyze your preferred stocks. This will help you make informed investment decisions rather than selling or buying based on what everyone else is doing.
Some important questions to ask are:
• • •
Is it worth the market price it trades at today?
Is it overvalued?
Does it have potential growth in the future?
This can help you better understand how your investment could appreciate or depreciate over time. Just as Graham did, precisely evaluating versus guessing could make you a more successful investor. Don’t let bias lead you to bad decisions. One of the significant risks when investing is when investors allow bias to lead to wrong investment decisions. The news, economic forecasts, and others’ views can alter a decision. It seems as though investors become attached to
With Graham’s long-term investment strategies and understanding the basic do’s and don’ts of investing, you’ll be better positioned to become an intelligent investor yourself!
2
CHBEF.COM
Made with FlippingBook Ebook Creator