How organized are you when it comes to money? Unless you are the minority, few of us are actually well organized. Although knowledge of investments and timing and various other skills are important, having the ability to be organized is one key to making more money. Don’t believe me?
I’m sure you know the story of MacDonald’s, 7 Eleven, or of Henry Ford. What do these have in common? Besides being big, they organized human talent, effort and money to generate huge amounts of money. Microsoft? Same thing. Is it the best OS around? Hardly. After getting the earliest OS up, Bill got together the right people around his vision to build one of the largest and riches company in the world. In other words, he organized the resources to make it happen. Same with MacD. They don’t sell the best burgers in town, but they are so well organized in any restaurant, they know exactly what is happening.
You are asking, “How does that relate to you and me?†I think the degree we organize our lives and money will determine whether you’ll make it big or not. For example, I bet, most of us have our money stashed all over different accounts. Some here, some there. For the majority, I don’t think that would maximize the potential of your money. Where I live, banks give you higher FD interest if you put in larger amounts in a single account rather than spread them out. I’m sure that would be the same elsewhere in the world. Knowing how much you have and applying your money well will get you ahead.
To really be rich, you have got to organize your team of advisors, tax consultants, financial planners and bankers to ensure they all work together to build your wealth. If you are not doing it yet, its time to get started.
There’s an old saying, what get measured, gets done.
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