Business Archives - Page 2 of 4

What Is an MBA Degree? (What You Learn & Why Employers Hire MBA Grads)

I. Introduction The Master of Business Administration, or MBA, is a postgraduate degree focused on providing students with a comprehensive understanding of business management practices. Proper educational credentials can provide a significant advantage in today’s rapidly evolving business landscape. Among academic credentials, the Master of Business Administration (MBA) holds a distinctive position. The MBA degree […]

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Two Golden Rules of Competitive Advantage: Charlie Munger

Investments / Steve Burns

In the ever-evolving business landscape, understanding the underpinnings of competitive advantage is crucial. Few individuals grasp this concept better than Charlie Munger, renowned investor and vice chairman of Berkshire Hathaway. In this article, we will delve into the two guiding principles that have steered Munger’s remarkably successful investment strategy and two other edges that Buffett

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Warren Buffett and Charlie Munger on Risk and Probability

Warren Buffett / Steve Burns

The following is a transcript from a Berkshire Hathaway meeting where Warren Buffett was asked about his views on risk management for his company. He gave a thorough and detailed explanation of his thoughts on risk and probability. “Can you please elaborate on your views on risk? You clearly aren’t a fan of relying on

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Sun Tzu Quotes: Lessons from The Art of War (Powerful Warrior Quotes)

Success / Steve Burns

Ancient wisdom often holds relevant lessons for our modern lives. One such source of profound insights is Sun Tzu’s ‘Art of War’, a masterpiece not confined to the battlefield. This classic is a treasure trove of strategies that can illuminate our path in business and investing helping us navigate challenges and seize opportunities. Let’s delve

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You Will Never Be Poor Again (Start Doing This Today)

Personal Finance / Steve Burns

If you want to escape being poor, broke, living paycheck to paycheck, or you’re stuck in the rat race, stop working for money and start working to build wealth through assets. I’ll share some seldom-taught secrets to financial success in this blog post. If you’re tired of the constant struggle to make ends meet and

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The Key to Building Wealth is Investing in Self-Liquidating Debt

Wealth / Steve Burns

Building wealth may seem daunting, but understanding and investing in self-liquidating debt can unlock the potential for significant financial growth for real estate investors and business owners. In this blog post, we will explore the concept of self-liquidating debt and discuss using it to your advantage to create wealth. What is Self-Liquidating Debt? Self-liquidating debt

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Opportunity Cost Definition and Real World Examples

Business, Success / Steve Burns

Opportunity cost is a fundamental economic concept that plays a significant role in our daily decision-making process. Warren Buffett, one of the world’s most successful investors, has often stressed the importance of understanding opportunity cost when making investment decisions. By grasping the concept of opportunity cost, we can make better choices regarding our time, money,

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Steve Jobs Talks about Managing People

Business / Steve Burns

In 2007, at the D5 Conference, Steve Jobs gave a great interview explaining how he structured Apple to operate and managed people as the CEO. Below is what he said about his management and advice to other executives.[1] “One of the keys to Apple is Apple’s an incredibly collaborative company, and so you know how

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Two 2-minute Rules to Beat Procrastination (2 Minute Read)

Success / Steve Burns

Procrastination is a common habit that many people struggle with. It’s easy to delay or postpone tasks we don’t like, but this behavior can negatively affect productivity, stress levels, and overall well-being. Simple strategies can help us overcome procrastination and increase productivity. This article will explore two 2-minute rules to help you beat procrastination and

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The Real Difference Between the Rich and Poor

What Really Separates the Rich From the Poor

Personal Finance / Steve Burns

The gap between the rich and the poor has been a hot topic in the political and economic spheres for many years. While the difference in wealth may be noticeable, understanding the factors separating these two groups is essential to address inequality and poverty. This article will explore the various aspects distinguishing the rich from

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