The Parthenon Principle
Have you seen an image of the Parthenon in Athens, Greece? I will always remember approaching the enormous granite ruins. The size and power still staying in a structure built 2500 years earlier is frustrating!
The roof lies on the ground, in pieces, many of the columns that supported it are in location. There are a great deal of columns!
I think about the Parthenon’s roof typically. If its’ roof had actually not been supported by all those columns it never ever would have lasted as long as it did. By any requirements, it lasted a very long time.
I have a roof, which shelters my household and I call it a monetary or profits roof. It attends to all our standard requirements. Profits or earnings likewise mentally supports us, and offers the bonus we enjoy in our lives.
I do not desire my roof to fall in. My Parthenon Principle is to support this monetary roof with as numerous columns as possible. , if one column of earnings collapses (and they constantly do) there are others to take the weight so that the total profits structure will not crash on our heads.
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Another method to take a look at this is – do you have all your eggs in one basket? Is your whole earnings dependant on one source? What would occur to you if that source vanished?
Last month, I lost my biggest business customer. It takes place. This customer had actually grown over the last 5 years, gradually making use of more of my services and representing over eighty percent of our income.
I had let it get disproportional big. We were prepared with backups, and other ‘standby’ pillars of earnings, prepared to be hurried in, to support the profits roof.
Consider your earnings and profits, and get ready for worst case circumstances. Make the option today to support your income roof, and your earnings streams by utilizing the Parthenon Principle.
Not just will this fund offer emergency situation assistance if required, you will have a sense of monetary flexibility simply understanding it is there. Believe of it as an extra column for your roof.
Is there someplace you can include on part time work, doing something you take pleasure in, which would supply you with included earnings? Even a little quantity of cash will construct a monetary reserve, and offer you an earnings if your main source stops working.
3. Remove your financial obligation as much as possible. If there are no month-to-month payments to be sent by mail, you can handle without earnings far longer.
Believe Parthenon Principle!
Your online good friend and Coach,
Miami
Miami Phillips
Assisting others discover their course – and remain on it.
www.creativemasterminds.com
Quote of the Week
” Failure to prepare is preparing to stop working.” Mike Murdock
I have a roof, which shelters my household and I call it a monetary or profits roof. Profits or earnings likewise mentally supports us, and supplies the bonus we enjoy in our lives.
My Parthenon Principle is to support this monetary roof with as lots of columns as possible. If one column of earnings collapses (and they constantly do) there are others to take the weight so that the total income structure will not crash on our heads.
Even a little quantity of cash will develop a monetary reserve, and provide you an earnings if your main source stops working.