The Advantages and Disadvantages of Working from Home

 

 

Advantages and disadvantages of employees working at home

The spread of home working is opening up a new range of possibilities for the way businesses can work and structure themselves.

As well as opportunities, home working brings new responsibilities for the employer and employee. For example, flexible-working regulations mean you now have to seriously consider requests to work from home from all employees who have 26 weeks service at the date the application is made.

Advantages of employees working from home

With increasing numbers of employees working at home – or using home as a working base for at least part of the week – it’s clear there are a number of benefits for business, such as:

  • Improved employee retention – home working can help retain working parents with childcare responsibilities.
  • Access to a wider pool of applicants – for example, disabled people who may prefer to work from home.
  • Possible productivity gains – due to fewer interruptions and less commuting time.
  • Increased staff motivation – with reduced stress and sickness levels.
  • Financial benefits – savings on office space and other facilities.
  • Convenience – ability to locate sales staff near clients rather than in your premises.
  • Better work/life balance – employees working from home can lead to improvements in health and well-being.

Disadvantages of employees working from home

There are also some disadvantages to employees working at home, most of these relate to those working from home for all, as opposed to part, of their working week:

  • Difficulty monitoring performance – there could be difficulty managing home workers and monitoring their performance.
  • Performance issues – possible deterioration in employees’ skills and work quality.
  • Cost of working from home – initial costs of training and providing suitable equipment, including adaptations to meet health and safety standards and the needs of disabled employees.
  • Problems with staff development – difficulty of maintaining staff development and upgrading skills.
  • Information security risk – information security problems could be more likely to occur.
  • Increased telecommunications costs – for example, increase in telephone bills or need for a moblie phone.
  • Communication problems – could increase feelings of isolation amongst home workers.
  • Decreased staff morale – it can be harder to maintain team spirit when employees are working at different locations.
  • Not all jobs suit home working – working from home suits some jobs better than others.

A shift towards home working doesn’t mean employees have to work only at home. Oftensplitting time between home and the workplace is the most productive solution and you may want the homeworker to attend meetings to keep them fully involved and informed.

 

Just Sold Your Company? Now Where Do You Invest Your Money?

More and more startups are emerging on the scene and garnering success, and just as many are being sold off to larger companies for an impressive amount every year.

If your startup is one of these, you now have an important question: where do you invest your money?

It’s important to make sure your hard earnings continue to pay off, which is why you should carefully decide what to invest in and how.

This post details three major options.

Investing in Other Startups

Startup investing has become more accessible to everyone in recent years, with a wide variety of options for moving forward, such as:

  • Leveraging personal relationships with other entrepreneurs to invest
  • Making direct investments through venture investing platforms
  • Attending pitch events
  • Investing through your IRA or self-directed 401K
  • Following other investors and joining a syndicate on AngelList

Amazingly, a whopping 90% of all startups fail, making the idea of investing in them seem like risky business.

However it’s important to remember that the vast majority of startups are either self funded, or backed by loans, friends and family. Only 3% raise money through crowdfunding and 1% get venture capital.

And say you managed to invest in companies like Amazon, Apple or Microsoft before they went IPO. You’d be a million dollars richer today. So if you pay attention to the important characteristics that make a promising startup, you’ll likely find that your investing success rates are much better than the overall numbers.

Investing in Real Estate

Real estate investing also offers many valuable options to suit your specific needs and investment interests. You can start small by investing in basic rental properties that you rent out to others, however you’re responsible for paying the mortgage, taxes, and other maintenance costs.

Or you can dive further into the business by:

  • Joining real estate investment groups
  • Starting real estate trading (buying and selling properties after short periods of time)
  • Participating in a real estate investment trust (REIT) — This is where a corporation uses your money to purchase and operate properties for income

Your chances of a positive return with real estate investing makes it a much safer option than other startups. How well you do will depend on the country/state you’re buying and selling in, but barring major damages to property value, your chances of ROI are pretty good.

Recent research by Realty Mogul showed that the average return on real estate equity syndications is about 7.7%. And there are some advantages of investing in real estate compared to other options.

For one, you have leverage. Mortgages don’t require you pay the full value of the property, much unlike stocks. Down Payments can range from 5 to 25%, meaning that you can start earning profit on your property without actually completing the purchase.

Investing in Stocks

Investing in stocks is another area that has become increasingly accessible for regular people. But your payoff with this method will mostly depend on how much risk you’re willing to take. Low-risk investments tend to offer slow, steady returns over long periods of time. Higher-risk investments with binary options broker like Nadex can result in big wins and big losses. Having a diversified stock portfolio can help you reduce risk.

The Great Recession of 2008-2009 resulted in more than a 30% portfolio hit for most investors, so there are some big risks with investing in any kind of stocks. But if you stick with it for the long run, you can accumulate a lot of many.

Say, for example, you invest $8,000 per year. This will grow at an annual average of 8%, making it possible to accumulate nearly a million dollars over a 30 year period.

A few investment options include:

  • Stocks & Bonds — A stock is a piece of direct ownership of a business, while a bond is a loan
  • Mutual Funds — These allow investors to pool money to help increase their purchasing power
  • Exchange Traded Fund (ETF) — Another investment tool based on the law of one price

Conclusion

You have a lot of options when it comes to investing your earnings. But if you want to make the most out of it, you need to make an informed decision based on the risks and benefits of each.

No matter if you invest in stocks, other startups or real estate, be sure to thoroughly vet each investment for viability and long term profitability.

10 Rules to get rich.

Over the last few years, I’ve really given a lot of thought to what it takes to get rich and grow wealth. I’ve spoken with countless millionaires, I’ve coached clients through my programs, I’ve helped people on my forums, and I’ve responded to over 5,000 reader comments on this site. In each instance, there are common themes that are either helping the person grow wealth, or preventing the person from getting rich.

Being rich doesn’t always mean having money, but 90% of the time it does. However, there are habits, behaviors, and “rules” essentially, that will allow you to get rich and grow wealth. It’s not an overnight process. There aren’t any get rich quick schemes here.

What you’re going to read below are my ten rules for getting rich and growing wealth – over time.

Rule #1 – You Have To Earn It (Your Money, Your Wealth)
If you want to get rich and grow wealth, you have to earn it. There’s no way you’re going to get to what you want and where you want to be if you’re not trying to get there.

With money, this is pretty darn straightforward. You want money? Get out there and start making it. Get a job. Get a second job. Get a third job. Start side hustling and doing side projects to make more money. Are you in college? Get a side job in college to pay for school.
The bottom line is, if you want to grow wealth, you have to earn income. There are potentially thousands of ways to earn income, and you need to find the most that you can do and get to work. There is nobody stopping you. There’s nothing in your life preventing you. The only roadblock to you earning more is yourself.

So, stop with the excuses and focus on rule #1 to get started – you have to earn your wealth.

Rule #2 – You Need To Save Until It Hurts
The second rule to getting rich is saving. It’s not enough to just earn money – you have to save it as well. Otherwise you’ll just end up like any number of famous celebrities who’ve gone bankrupt. Income alone just doesn’t cut it. You have to save.

But the real “rule” to get rich here is saving until it hurts. How much is that? Well, if you’re not hurting yet, it’s not enough.

For example, last year, I saved roughly 40% of my after-tax income. Sounds like a lot, doesn’t it? But there are plenty of people out there that are saving more – many over 50% of their income if not more.

The truth is, following Rule #1 makes this rule easier. The more income you have, the easier it is to save more. But even on lower incomes, you can still save. Here are 15 ways to save an additional $500 per month. Boom!

Rule #3 – You Need To Optimize Your Spending
The third rule to grow wealth is to optimize your spending. I’m not one to judge your spending – spend more or spend less. My personal belief is you should buy whatever you want – just earn more money so you can afford it.
But no matter what, truly wealthy people optimize their spending. This means they find good deals – even if they are going to buy a Ferrari, you can bet they searched around for a deal and negotiated the price.

The trick here is to simply spend wisely – especially on your biggest expenses. For most people, this could be cars, insurance, healthcare, and more. Too many people here just opt for “whatever” or don’t think about what the choices really are. Wealthy people stop, think, and elect a choice that maximizes their benefits while minimizing their expenses.

So, if you’re ready to grow wealth, start identifying and optimizing your spending.

Rule #4 – You Must Put Your Money To Work For You
The fourth rule is that you have to put your money to work for you. Earning it is your part of the heavy lifting. You need your money and the power of compound interest to work together over time to grow wealth for you.

What does this mean? It means that you need to invest. Why? Because the average inflation-adjusted return for the S&P500 for the last 60 years has been 7%.

You need your money to grow and earn you more money. You need to start building income streams with your money. The goal is that your hard work up front can help you build passive income streams for the future.

Do you want to earn $50,000 per year without working? Here’s a simple breakdown of how to make your money work to do it for you. It’s all about making your money work for you, not against you.

Rule #5 – You Need To Marry Smart
The fifth rule for building wealth is to marry smart. Why? Because a great spouse can be a huge force multiplier when it comes to building wealth, while at the same time the biggest destroyer of wealth is divorce. In fact, a recent study found that divorce destroys 75% of personal net worth.

On the building wealth front, a great duo can earn together, accumulate together, and watch their double-earnings compound over time. That’s a huge force multiplier for building wealth. The interest on $2 is always higher than the interest on $1.

However, divorce has the potential to ruin financial lives if you didn’t marry smart. Beyond dividing things 50/50, there can be lawyer fees and more. Plus, compound interest now only has a small amount to work with – so it just grows slower.

The fact is, though, that according to the American Psychological Association, 40-50% of marriages end in divorce in the United States. That doesn’t mean that divorce has to be a financial disaster. If you married smart to begin with, hopefully your ex-spouse will also be financially savvy when it comes to divorce and you can work things out as amicably as possible.

Rule #6 – You Always Need To Minimize Your Taxes
The sixth rule for getting rich is always be minimizing your tax liability. No matter your income level, you always need to be thinking about how to minimize your taxes. Taxes can prevent you realizing wealth over time because they consistently eat away at your income and investment returns.

For example, the S&P 500 posted an average annual nominal return over the last 30 years of 11.09%. However, after taking into account taxes, fees, and inflation, the real return an investor would have seen would have only been 5.97% according to this report. That’s 46% of your return eliminated by taxes, fees, and inflation.

However, there are many actions you can take to minimize your taxes. First, take advantage of tax deferred investment accounts. Max out your 401k or 403b, take advantage of an Individual Retirement Account (IRA), leverage a Health Spending Account (HSA).

If you don’t want to give up your wealth to the government, then taxes should be near the top of your mind when making any money decision.

Rule #7 – Insure Yourself And Protect Your Family
The seventh rule for getting rich and building wealth is that you need to insure yourself to protect your wealth and your family. I’m not even talking about life insurance here – I’m talking about making sure that you have health insurance and disability insurance.

In the last year, I’ve had two coaching clients that have been impacted by health issues they weren’t prepared for, and they’ve become financially jeopardized by them because they didn’t prepare. I’ve also had another several instances of people becoming disabled to the point they or their family member couldn’t work any longer. The result? Financial peril.

The time to insure yourself is when everything is going well. Every person who wants to build wealth and get rich needs to have, at a minimum:

Health Insurance
Life Insurance
Short Term and Long Term Disability
Don’t watch all of the money you have accrued go away in a moment.

Rule #8 – You Need To Take Care Of Yourself First
The eighth rule of building wealth is to take care of yourself first. This isn’t as much of a money rule as a life rule.

When you fly on an airplane, the flight attendant always does their safety speech where they remind you to put your oxygen mask on first before helping someone else? There’s a reason for that – if you’re unconscious, you can’t help anyone else.

When it comes to building wealth, you have to take care of yourself first – even when dealing with family. This can be really hard for some people, especially those that didn’t have much, and now have something that they could share. And others may realize it and ask.

If you want to help others, make sure you’ve put yourself on solid ground first and have followed all the rules. I’ve seen it too many times where generosity leads to financial ruin.

Rule #9 – Surround Yourself With People Better Than You
The ninth rule to get rich is to surround yourself with people better than you in all aspects of your life. On the family front – if they are holding you back, distance yourself. Married upward. Don’t let family be the reason you aren’t achieving your dreams.

Friends? Find ones that are making you a better person. Drop the moochers. Drop the haters. Drop the lazy ones.

Work? Find a mentor that is doing what you want to do and is killing it. If they don’t have the bandwidth to meet you, just watch them and see what they do. You can learn a lot from a distance.

Just like Rule #1, you have to earn it. Find people that will help you with that. You don’t have to settle for the life you were born into if that’s not what you want.

Rule #10 – It’s Okay To Go Slow
Finally, the last rule for building wealth is, remember it’s okay to go slow. This is especially true for millennials.

I feel like everyone under 30 today wants the next thing, the next job, the next milestone, the next big paycheck. But they haven’t even done this thing, learned this job, achieved the current milestone.

Building wealth takes time. It’s about earning today, and leveraging time tomorrow. That’s how wealth is made. Even if you landed a $150,000 per year job today, you’re not any wealthier. Your first paycheck at this great new salary might be $5,000 take home. That’s not wealth. That’s a starting point. That’s something to build on.

According to The Spectrum Group, the average millionaire in the United States is 62 years old. Just 1% of all millionaires are under 35. Keep that in mind on your wealth building journey.

6 Ways to Take the First Step of Your Journ6 Ways to Take the First Step of Your Journey to Successey to Success

6 Ways to Take the First Step of Your Journey to Success

To become the type of success you are setting out to be you have to start at the beginning, just like in the alphabet you start with the letter “A.” Success is not an event, it is a process. To finish any great endeavor you must first start. This may not be the start of a new business but could simply be the start of a new idea, a new path or a new way. To be a standout success is to take each new beginning and follow it through to the end.

The success journey is the process of working through each step to arrive at the next one, with each step motivating and inspiring you to press on without fail.  “Z” may look far away from the vantage point of “A” but once you master “A” you will see “Z” gleaming out on the horizon. The beginning of any process is the most creative. Let’s start with “A.”

1. Awareness.

Always be striving for more, always be building and expanding your career and yourself as a person, not just as a success. The more you grow yourself, the more you grow the totality of your life. Hold an image of where you are in any given area of your life, right now. Now envision where you want to be: happier, richer, more successful, fit, healthier, in love.

To get from where you are to where you want to be, become acutely aware of the choices you make each day that lead you away from your desired goals. Become conscious of every single choice you make today, so you can begin to make choices that fall in line with the direction of your dreams for tomorrow.

Related: What Producer Jerry Zaks Can Teach You About Overcoming Obstacles

2. Action.

To win you have to begin. Map out the circumstances you need to get ahead in your life m. If you cannot find them, make them. Take initiative. If you don’t see the door to your success, build the door yourself by taking actions in the direct pursuit of your goals. When you are passionate about what you want nothing will stand in the way of you getting it.

List the action steps you need to take to get to where you want to go, to do what you want to do. Make these goals as tangible as possible. One successful goal achieved will build your motivation to achieve the next goal in front of you, and so on. Will these steps all be the right ones? Maybe and maybe not. But you won’t know for sure until you start moving forward. Once you start putting yourself into motion all steps taken are a gift because each right or wrong step will provide you knowledge and direction.

3. Accountable.

Few things prompt a person to follow through like accountability. You have to create ways to make yourself accountable and to push through any habits of laziness or doubtful thinking. One of the ways you can do this is to share your goals with others who can help motivate you to stay on task. When you tell others about what you intend to do, it puts a more intense pressure on you to keep working at it. Another option is to get a business coach who can request evidence of your weekly progress. Pairing up with someone acts as a living deadline to keep you moving.

Track every action that pertains to an area where you want to see progress, whether it relates to finances, health, career, or relationships. Whether you are working with someone or going at it independently write everything down, every day without fail with no excuses or exceptions. Tracking your progress and missteps is the path to building success. The process forces you to be conscious of your decisions.

4. Attraction.

Once you have become aware of the steps you must take to do what you want to do, and are taking action, and are being accountable you will begin to produce the behavior you desire. You are moving towards realizing your desires and objectives. This type of movement results in producing a very powerful side effect. You start attracting like-minded people into your life and into business ventures and ideas. The Law of Magnetism says, “who you are is who you attract.”

If you want to be around growing people become a growing person. If you’re committed, you attract others who are committed. If you’re growing, you attract others who are growing. This puts you in a position to begin building a network of like-minded people who help each other succeed. Your greatest growth will always come as a result of finding people ahead of you who can show you the way forward.

Related: Define Yourself With the Expectations You Set

5. Accomplishment.

Get committed. Be willing to pay for your personal growth, financially and otherwise. Be consistent. Keep your every thought, word and deed focused on accomplishment. Be creative. Visualize your desired outcomes at all times. Involve yourself in multiple forms of personal development to feel a sense of accomplishment in every tangible area of your life. Study the people in business you admire. Read their books, attend seminars, hire a business coach, see a therapist and employ a personal trainer. Try and meet with those whom you admire in person, if possible. These people and the knowledge they have are gifts to your personal growth.

Spend time each day in preparation for these meetings and interactions. Reflect upon the interactions you have with all of these people you’ve sought to be a part of your personal development team and be thankful for every opportunity created for your learning. There is nothing more telling to the levels of success you can achieve then possessing a teachable spirit.

6. Authority.

When you do what you want to do it will be more difficult than you ever imagined. You have to be the authority over your own emotions to make success happen. You may have had no idea how much time it would take for you to be effective. You may not have expected to have as many demands placed upon you or your life as there have been, or you may not have realized how long you would have to keep paying the price for your success. You may not have fully comprehend how much your energy level would go down as a result of your commitment.

Great successes have the deep belief that the payoff of their success will make the times of great sacrifice well worth it. When you do what you want to do it will be better than you ever imagined. The compounding return of investing in your personal growth will be astronomical. You will be blown away by how much fun you have doing what you want to do and succeeding at it. Once you are in the fun place of experiencing your success, own it and revel in it. You deserve it… then start a new journey with a new beginning starting with the letter “A” that you can nurture all the way to “Z.” You grow each time you go through this process. You grow in the ideas you hold of yourself, your life and your continued success. Success… doesn’t really have an end.

To become the type of success you are setting out to be you have to start at the beginning, just like in the alphabet you start with the letter “A.” Success is not an event, it is a process. To finish any great endeavor you must first start. This may not be the start of a new business but could simply be the start of a new idea, a new path or a new way. To be a standout success is to take each new beginning and follow it through to the end.

The success journey is the process of working through each step to arrive at the next one, with each step motivating and inspiring you to press on without fail.  “Z” may look far away from the vantage point of “A” but once you master “A” you will see “Z” gleaming out on the horizon. The beginning of any process is the most creative. Let’s start with “A.”

1. Awareness.

Always be striving for more, always be building and expanding your career and yourself as a person, not just as a success. The more you grow yourself, the more you grow the totality of your life. Hold an image of where you are in any given area of your life, right now. Now envision where you want to be: happier, richer, more successful, fit, healthier, in love.

To get from where you are to where you want to be, become acutely aware of the choices you make each day that lead you away from your desired goals. Become conscious of every single choice you make today, so you can begin to make choices that fall in line with the direction of your dreams for tomorrow.

Related: What Producer Jerry Zaks Can Teach You About Overcoming Obstacles

2. Action.

To win you have to begin. Map out the circumstances you need to get ahead in your life m. If you cannot find them, make them. Take initiative. If you don’t see the door to your success, build the door yourself by taking actions in the direct pursuit of your goals. When you are passionate about what you want nothing will stand in the way of you getting it.

List the action steps you need to take to get to where you want to go, to do what you want to do. Make these goals as tangible as possible. One successful goal achieved will build your motivation to achieve the next goal in front of you, and so on. Will these steps all be the right ones? Maybe and maybe not. But you won’t know for sure until you start moving forward. Once you start putting yourself into motion all steps taken are a gift because each right or wrong step will provide you knowledge and direction.

3. Accountable.

Few things prompt a person to follow through like accountability. You have to create ways to make yourself accountable and to push through any habits of laziness or doubtful thinking. One of the ways you can do this is to share your goals with others who can help motivate you to stay on task. When you tell others about what you intend to do, it puts a more intense pressure on you to keep working at it. Another option is to get a business coach who can request evidence of your weekly progress. Pairing up with someone acts as a living deadline to keep you moving.

Track every action that pertains to an area where you want to see progress, whether it relates to finances, health, career, or relationships. Whether you are working with someone or going at it independently write everything down, every day without fail with no excuses or exceptions. Tracking your progress and missteps is the path to building success. The process forces you to be conscious of your decisions.

4. Attraction.

Once you have become aware of the steps you must take to do what you want to do, and are taking action, and are being accountable you will begin to produce the behavior you desire. You are moving towards realizing your desires and objectives. This type of movement results in producing a very powerful side effect. You start attracting like-minded people into your life and into business ventures and ideas. The Law of Magnetism says, “who you are is who you attract.”

If you want to be around growing people become a growing person. If you’re committed, you attract others who are committed. If you’re growing, you attract others who are growing. This puts you in a position to begin building a network of like-minded people who help each other succeed. Your greatest growth will always come as a result of finding people ahead of you who can show you the way forward.

Related: Define Yourself With the Expectations You Set

5. Accomplishment.

Get committed. Be willing to pay for your personal growth, financially and otherwise. Be consistent. Keep your every thought, word and deed focused on accomplishment. Be creative. Visualize your desired outcomes at all times. Involve yourself in multiple forms of personal development to feel a sense of accomplishment in every tangible area of your life. Study the people in business you admire. Read their books, attend seminars, hire a business coach, see a therapist and employ a personal trainer. Try and meet with those whom you admire in person, if possible. These people and the knowledge they have are gifts to your personal growth.

Spend time each day in preparation for these meetings and interactions. Reflect upon the interactions you have with all of these people you’ve sought to be a part of your personal development team and be thankful for every opportunity created for your learning. There is nothing more telling to the levels of success you can achieve then possessing a teachable spirit.

6. Authority.

When you do what you want to do it will be more difficult than you ever imagined. You have to be the authority over your own emotions to make success happen. You may have had no idea how much time it would take for you to be effective. You may not have expected to have as many demands placed upon you or your life as there have been, or you may not have realized how long you would have to keep paying the price for your success. You may not have fully comprehend how much your energy level would go down as a result of your commitment.

Great successes have the deep belief that the payoff of their success will make the times of great sacrifice well worth it. When you do what you want to do it will be better than you ever imagined. The compounding return of investing in your personal growth will be astronomical. You will be blown away by how much fun you have doing what you want to do and succeeding at it. Once you are in the fun place of experiencing your success, own it and revel in it. You deserve it… then start a new journey with a new beginning starting with the letter “A” that you can nurture all the way to “Z.” You grow each time you go through this process. You grow in the ideas you hold of yourself, your life and your continued success. Success… doesn’t really have an end.

To become the type of success you are setting out to be you have to start at the beginning, just like in the alphabet you start with the letter “A.” Success is not an event, it is a process. To finish any great endeavor you must first start. This may not be the start of a new business but could simply be the start of a new idea, a new path or a new way. To be a standout success is to take each new beginning and follow it through to the end.

The success journey is the process of working through each step to arrive at the next one, with each step motivating and inspiring you to press on without fail.  “Z” may look far away from the vantage point of “A” but once you master “A” you will see “Z” gleaming out on the horizon. The beginning of any process is the most creative. Let’s start with “A.”

1. Awareness.

Always be striving for more, always be building and expanding your career and yourself as a person, not just as a success. The more you grow yourself, the more you grow the totality of your life. Hold an image of where you are in any given area of your life, right now. Now envision where you want to be: happier, richer, more successful, fit, healthier, in love.

To get from where you are to where you want to be, become acutely aware of the choices you make each day that lead you away from your desired goals. Become conscious of every single choice you make today, so you can begin to make choices that fall in line with the direction of your dreams for tomorrow.

Related: What Producer Jerry Zaks Can Teach You About Overcoming Obstacles

2. Action.

To win you have to begin. Map out the circumstances you need to get ahead in your life m. If you cannot find them, make them. Take initiative. If you don’t see the door to your success, build the door yourself by taking actions in the direct pursuit of your goals. When you are passionate about what you want nothing will stand in the way of you getting it.

List the action steps you need to take to get to where you want to go, to do what you want to do. Make these goals as tangible as possible. One successful goal achieved will build your motivation to achieve the next goal in front of you, and so on. Will these steps all be the right ones? Maybe and maybe not. But you won’t know for sure until you start moving forward. Once you start putting yourself into motion all steps taken are a gift because each right or wrong step will provide you knowledge and direction.

3. Accountable.

Few things prompt a person to follow through like accountability. You have to create ways to make yourself accountable and to push through any habits of laziness or doubtful thinking. One of the ways you can do this is to share your goals with others who can help motivate you to stay on task. When you tell others about what you intend to do, it puts a more intense pressure on you to keep working at it. Another option is to get a business coach who can request evidence of your weekly progress. Pairing up with someone acts as a living deadline to keep you moving.

Track every action that pertains to an area where you want to see progress, whether it relates to finances, health, career, or relationships. Whether you are working with someone or going at it independently write everything down, every day without fail with no excuses or exceptions. Tracking your progress and missteps is the path to building success. The process forces you to be conscious of your decisions.

4. Attraction.

Once you have become aware of the steps you must take to do what you want to do, and are taking action, and are being accountable you will begin to produce the behavior you desire. You are moving towards realizing your desires and objectives. This type of movement results in producing a very powerful side effect. You start attracting like-minded people into your life and into business ventures and ideas. The Law of Magnetism says, “who you are is who you attract.”

If you want to be around growing people become a growing person. If you’re committed, you attract others who are committed. If you’re growing, you attract others who are growing. This puts you in a position to begin building a network of like-minded people who help each other succeed. Your greatest growth will always come as a result of finding people ahead of you who can show you the way forward.

Related: Define Yourself With the Expectations You Set

5. Accomplishment.

Get committed. Be willing to pay for your personal growth, financially and otherwise. Be consistent. Keep your every thought, word and deed focused on accomplishment. Be creative. Visualize your desired outcomes at all times. Involve yourself in multiple forms of personal development to feel a sense of accomplishment in every tangible area of your life. Study the people in business you admire. Read their books, attend seminars, hire a business coach, see a therapist and employ a personal trainer. Try and meet with those whom you admire in person, if possible. These people and the knowledge they have are gifts to your personal growth.

Spend time each day in preparation for these meetings and interactions. Reflect upon the interactions you have with all of these people you’ve sought to be a part of your personal development team and be thankful for every opportunity created for your learning. There is nothing more telling to the levels of success you can achieve then possessing a teachable spirit.

6. Authority.

When you do what you want to do it will be more difficult than you ever imagined. You have to be the authority over your own emotions to make success happen. You may have had no idea how much time it would take for you to be effective. You may not have expected to have as many demands placed upon you or your life as there have been, or you may not have realized how long you would have to keep paying the price for your success. You may not have fully comprehend how much your energy level would go down as a result of your commitment.

Great successes have the deep belief that the payoff of their success will make the times of great sacrifice well worth it. When you do what you want to do it will be better than you ever imagined. The compounding return of investing in your personal growth will be astronomical. You will be blown away by how much fun you have doing what you want to do and succeeding at it. Once you are in the fun place of experiencing your success, own it and revel in it. You deserve it… then start a new journey with a new beginning starting with the letter “A” that you can nurture all the way to “Z.” You grow each time you go through this process. You grow in the ideas you hold of yourself, your life and your continued success. Success… doesn’t really have an end.

To become the type of success you are setting out to be you have to start at the beginning, just like in the alphabet you start with the letter “A.” Success is not an event, it is a process. To finish any great endeavor you must first start. This may not be the start of a new business but could simply be the start of a new idea, a new path or a new way. To be a standout success is to take each new beginning and follow it through to the end.

The success journey is the process of working through each step to arrive at the next one, with each step motivating and inspiring you to press on without fail.  “Z” may look far away from the vantage point of “A” but once you master “A” you will see “Z” gleaming out on the horizon. The beginning of any process is the most creative. Let’s start with “A.”

1. Awareness.

Always be striving for more, always be building and expanding your career and yourself as a person, not just as a success. The more you grow yourself, the more you grow the totality of your life. Hold an image of where you are in any given area of your life, right now. Now envision where you want to be: happier, richer, more successful, fit, healthier, in love.

To get from where you are to where you want to be, become acutely aware of the choices you make each day that lead you away from your desired goals. Become conscious of every single choice you make today, so you can begin to make choices that fall in line with the direction of your dreams for tomorrow.

Related: What Producer Jerry Zaks Can Teach You About Overcoming Obstacles

2. Action.

To win you have to begin. Map out the circumstances you need to get ahead in your life m. If you cannot find them, make them. Take initiative. If you don’t see the door to your success, build the door yourself by taking actions in the direct pursuit of your goals. When you are passionate about what you want nothing will stand in the way of you getting it.

List the action steps you need to take to get to where you want to go, to do what you want to do. Make these goals as tangible as possible. One successful goal achieved will build your motivation to achieve the next goal in front of you, and so on. Will these steps all be the right ones? Maybe and maybe not. But you won’t know for sure until you start moving forward. Once you start putting yourself into motion all steps taken are a gift because each right or wrong step will provide you knowledge and direction.

3. Accountable.

Few things prompt a person to follow through like accountability. You have to create ways to make yourself accountable and to push through any habits of laziness or doubtful thinking. One of the ways you can do this is to share your goals with others who can help motivate you to stay on task. When you tell others about what you intend to do, it puts a more intense pressure on you to keep working at it. Another option is to get a business coach who can request evidence of your weekly progress. Pairing up with someone acts as a living deadline to keep you moving.

Track every action that pertains to an area where you want to see progress, whether it relates to finances, health, career, or relationships. Whether you are working with someone or going at it independently write everything down, every day without fail with no excuses or exceptions. Tracking your progress and missteps is the path to building success. The process forces you to be conscious of your decisions.

4. Attraction.

Once you have become aware of the steps you must take to do what you want to do, and are taking action, and are being accountable you will begin to produce the behavior you desire. You are moving towards realizing your desires and objectives. This type of movement results in producing a very powerful side effect. You start attracting like-minded people into your life and into business ventures and ideas. The Law of Magnetism says, “who you are is who you attract.”

If you want to be around growing people become a growing person. If you’re committed, you attract others who are committed. If you’re growing, you attract others who are growing. This puts you in a position to begin building a network of like-minded people who help each other succeed. Your greatest growth will always come as a result of finding people ahead of you who can show you the way forward.

Related: Define Yourself With the Expectations You Set

5. Accomplishment.

Get committed. Be willing to pay for your personal growth, financially and otherwise. Be consistent. Keep your every thought, word and deed focused on accomplishment. Be creative. Visualize your desired outcomes at all times. Involve yourself in multiple forms of personal development to feel a sense of accomplishment in every tangible area of your life. Study the people in business you admire. Read their books, attend seminars, hire a business coach, see a therapist and employ a personal trainer. Try and meet with those whom you admire in person, if possible. These people and the knowledge they have are gifts to your personal growth.

Spend time each day in preparation for these meetings and interactions. Reflect upon the interactions you have with all of these people you’ve sought to be a part of your personal development team and be thankful for every opportunity created for your learning. There is nothing more telling to the levels of success you can achieve then possessing a teachable spirit.

6. Authority.

When you do what you want to do it will be more difficult than you ever imagined. You have to be the authority over your own emotions to make success happen. You may have had no idea how much time it would take for you to be effective. You may not have expected to have as many demands placed upon you or your life as there have been, or you may not have realized how long you would have to keep paying the price for your success. You may not have fully comprehend how much your energy level would go down as a result of your commitment.

Great successes have the deep belief that the payoff of their success will make the times of great sacrifice well worth it. When you do what you want to do it will be better than you ever imagined. The compounding return of investing in your personal growth will be astronomical. You will be blown away by how much fun you have doing what you want to do and succeeding at it. Once you are in the fun place of experiencing your success, own it and revel in it. You deserve it… then start a new journey with a new beginning starting with the letter “A” that you can nurture all the way to “Z.” You grow each time you go through this process. You grow in the ideas you hold of yourself, your life and your continued success. Success… doesn’t really have an end.

To become the type of success you are setting out to be you have to start at the beginning, just like in the alphabet you start with the letter “A.” Success is not an event, it is a process. To finish any great endeavor you must first start. This may not be the start of a new business but could simply be the start of a new idea, a new path or a new way. To be a standout success is to take each new beginning and follow it through to the end.

The success journey is the process of working through each step to arrive at the next one, with each step motivating and inspiring you to press on without fail.  “Z” may look far away from the vantage point of “A” but once you master “A” you will see “Z” gleaming out on the horizon. The beginning of any process is the most creative. Let’s start with “A.”

1. Awareness.

Always be striving for more, always be building and expanding your career and yourself as a person, not just as a success. The more you grow yourself, the more you grow the totality of your life. Hold an image of where you are in any given area of your life, right now. Now envision where you want to be: happier, richer, more successful, fit, healthier, in love.

To get from where you are to where you want to be, become acutely aware of the choices you make each day that lead you away from your desired goals. Become conscious of every single choice you make today, so you can begin to make choices that fall in line with the direction of your dreams for tomorrow.

Related: What Producer Jerry Zaks Can Teach You About Overcoming Obstacles

2. Action.

To win you have to begin. Map out the circumstances you need to get ahead in your life m. If you cannot find them, make them. Take initiative. If you don’t see the door to your success, build the door yourself by taking actions in the direct pursuit of your goals. When you are passionate about what you want nothing will stand in the way of you getting it.

List the action steps you need to take to get to where you want to go, to do what you want to do. Make these goals as tangible as possible. One successful goal achieved will build your motivation to achieve the next goal in front of you, and so on. Will these steps all be the right ones? Maybe and maybe not. But you won’t know for sure until you start moving forward. Once you start putting yourself into motion all steps taken are a gift because each right or wrong step will provide you knowledge and direction.

3. Accountable.

Few things prompt a person to follow through like accountability. You have to create ways to make yourself accountable and to push through any habits of laziness or doubtful thinking. One of the ways you can do this is to share your goals with others who can help motivate you to stay on task. When you tell others about what you intend to do, it puts a more intense pressure on you to keep working at it. Another option is to get a business coach who can request evidence of your weekly progress. Pairing up with someone acts as a living deadline to keep you moving.

Track every action that pertains to an area where you want to see progress, whether it relates to finances, health, career, or relationships. Whether you are working with someone or going at it independently write everything down, every day without fail with no excuses or exceptions. Tracking your progress and missteps is the path to building success. The process forces you to be conscious of your decisions.

4. Attraction.

Once you have become aware of the steps you must take to do what you want to do, and are taking action, and are being accountable you will begin to produce the behavior you desire. You are moving towards realizing your desires and objectives. This type of movement results in producing a very powerful side effect. You start attracting like-minded people into your life and into business ventures and ideas. The Law of Magnetism says, “who you are is who you attract.”

If you want to be around growing people become a growing person. If you’re committed, you attract others who are committed. If you’re growing, you attract others who are growing. This puts you in a position to begin building a network of like-minded people who help each other succeed. Your greatest growth will always come as a result of finding people ahead of you who can show you the way forward.

Related: Define Yourself With the Expectations You Set

5. Accomplishment.

Get committed. Be willing to pay for your personal growth, financially and otherwise. Be consistent. Keep your every thought, word and deed focused on accomplishment. Be creative. Visualize your desired outcomes at all times. Involve yourself in multiple forms of personal development to feel a sense of accomplishment in every tangible area of your life. Study the people in business you admire. Read their books, attend seminars, hire a business coach, see a therapist and employ a personal trainer. Try and meet with those whom you admire in person, if possible. These people and the knowledge they have are gifts to your personal growth.

Spend time each day in preparation for these meetings and interactions. Reflect upon the interactions you have with all of these people you’ve sought to be a part of your personal development team and be thankful for every opportunity created for your learning. There is nothing more telling to the levels of success you can achieve then possessing a teachable spirit.

6. Authority.

When you do what you want to do it will be more difficult than you ever imagined. You have to be the authority over your own emotions to make success happen. You may have had no idea how much time it would take for you to be effective. You may not have expected to have as many demands placed upon you or your life as there have been, or you may not have realized how long you would have to keep paying the price for your success. You may not have fully comprehend how much your energy level would go down as a result of your commitment.

Great successes have the deep belief that the payoff of their success will make the times of great sacrifice well worth it. When you do what you want to do it will be better than you ever imagined. The compounding return of investing in your personal growth will be astronomical. You will be blown away by how much fun you have doing what you want to do and succeeding at it. Once you are in the fun place of experiencing your success, own it and revel in it. You deserve it… then start a new journey with a new beginning starting with the letter “A” that you can nurture all the way to “Z.” You grow each time you go through this process. You grow in the ideas you hold of yourself, your life and your continued success. Success… doesn’t really have an end.

To become the type of success you are setting out to be you have to start at the beginning, just like in the alphabet you start with the letter “A.” Success is not an event, it is a process. To finish any great endeavor you must first start. This may not be the start of a new business but could simply be the start of a new idea, a new path or a new way. To be a standout success is to take each new beginning and follow it through to the end.

The success journey is the process of working through each step to arrive at the next one, with each step motivating and inspiring you to press on without fail.  “Z” may look far away from the vantage point of “A” but once you master “A” you will see “Z” gleaming out on the horizon. The beginning of any process is the most creative. Let’s start with “A.”

1. Awareness.

Always be striving for more, always be building and expanding your career and yourself as a person, not just as a success. The more you grow yourself, the more you grow the totality of your life. Hold an image of where you are in any given area of your life, right now. Now envision where you want to be: happier, richer, more successful, fit, healthier, in love.

To get from where you are to where you want to be, become acutely aware of the choices you make each day that lead you away from your desired goals. Become conscious of every single choice you make today, so you can begin to make choices that fall in line with the direction of your dreams for tomorrow.

Related: What Producer Jerry Zaks Can Teach You About Overcoming Obstacles

2. Action.

To win you have to begin. Map out the circumstances you need to get ahead in your life m. If you cannot find them, make them. Take initiative. If you don’t see the door to your success, build the door yourself by taking actions in the direct pursuit of your goals. When you are passionate about what you want nothing will stand in the way of you getting it.

List the action steps you need to take to get to where you want to go, to do what you want to do. Make these goals as tangible as possible. One successful goal achieved will build your motivation to achieve the next goal in front of you, and so on. Will these steps all be the right ones? Maybe and maybe not. But you won’t know for sure until you start moving forward. Once you start putting yourself into motion all steps taken are a gift because each right or wrong step will provide you knowledge and direction.

3. Accountable.

Few things prompt a person to follow through like accountability. You have to create ways to make yourself accountable and to push through any habits of laziness or doubtful thinking. One of the ways you can do this is to share your goals with others who can help motivate you to stay on task. When you tell others about what you intend to do, it puts a more intense pressure on you to keep working at it. Another option is to get a business coach who can request evidence of your weekly progress. Pairing up with someone acts as a living deadline to keep you moving.

Track every action that pertains to an area where you want to see progress, whether it relates to finances, health, career, or relationships. Whether you are working with someone or going at it independently write everything down, every day without fail with no excuses or exceptions. Tracking your progress and missteps is the path to building success. The process forces you to be conscious of your decisions.

4. Attraction.

Once you have become aware of the steps you must take to do what you want to do, and are taking action, and are being accountable you will begin to produce the behavior you desire. You are moving towards realizing your desires and objectives. This type of movement results in producing a very powerful side effect. You start attracting like-minded people into your life and into business ventures and ideas. The Law of Magnetism says, “who you are is who you attract.”

If you want to be around growing people become a growing person. If you’re committed, you attract others who are committed. If you’re growing, you attract others who are growing. This puts you in a position to begin building a network of like-minded people who help each other succeed. Your greatest growth will always come as a result of finding people ahead of you who can show you the way forward.

Related: Define Yourself With the Expectations You Set

5. Accomplishment.

Get committed. Be willing to pay for your personal growth, financially and otherwise. Be consistent. Keep your every thought, word and deed focused on accomplishment. Be creative. Visualize your desired outcomes at all times. Involve yourself in multiple forms of personal development to feel a sense of accomplishment in every tangible area of your life. Study the people in business you admire. Read their books, attend seminars, hire a business coach, see a therapist and employ a personal trainer. Try and meet with those whom you admire in person, if possible. These people and the knowledge they have are gifts to your personal growth.

Spend time each day in preparation for these meetings and interactions. Reflect upon the interactions you have with all of these people you’ve sought to be a part of your personal development team and be thankful for every opportunity created for your learning. There is nothing more telling to the levels of success you can achieve then possessing a teachable spirit.

6. Authority.

When you do what you want to do it will be more difficult than you ever imagined. You have to be the authority over your own emotions to make success happen. You may have had no idea how much time it would take for you to be effective. You may not have expected to have as many demands placed upon you or your life as there have been, or you may not have realized how long you would have to keep paying the price for your success. You may not have fully comprehend how much your energy level would go down as a result of your commitment.

Great successes have the deep belief that the payoff of their success will make the times of great sacrifice well worth it. When you do what you want to do it will be better than you ever imagined. The compounding return of investing in your personal growth will be astronomical. You will be blown away by how much fun you have doing what you want to do and succeeding at it. Once you are in the fun place of experiencing your success, own it and revel in it. You deserve it… then start a new journey with a new beginning starting with the letter “A” that you can nurture all the way to “Z.” You grow each time you go through this process. You grow in the ideas you hold of yourself, your life and your continued success. Success… doesn’t really have an end.

To become the type of success you are setting out to be you have to start at the beginning, just like in the alphabet you start with the letter “A.” Success is not an event, it is a process. To finish any great endeavor you must first start. This may not be the start of a new business but could simply be the start of a new idea, a new path or a new way. To be a standout success is to take each new beginning and follow it through to the end.

The success journey is the process of working through each step to arrive at the next one, with each step motivating and inspiring you to press on without fail.  “Z” may look far away from the vantage point of “A” but once you master “A” you will see “Z” gleaming out on the horizon. The beginning of any process is the most creative. Let’s start with “A.”

1. Awareness.

Always be striving for more, always be building and expanding your career and yourself as a person, not just as a success. The more you grow yourself, the more you grow the totality of your life. Hold an image of where you are in any given area of your life, right now. Now envision where you want to be: happier, richer, more successful, fit, healthier, in love.

To get from where you are to where you want to be, become acutely aware of the choices you make each day that lead you away from your desired goals. Become conscious of every single choice you make today, so you can begin to make choices that fall in line with the direction of your dreams for tomorrow.

Related: What Producer Jerry Zaks Can Teach You About Overcoming Obstacles

2. Action.

To win you have to begin. Map out the circumstances you need to get ahead in your life m. If you cannot find them, make them. Take initiative. If you don’t see the door to your success, build the door yourself by taking actions in the direct pursuit of your goals. When you are passionate about what you want nothing will stand in the way of you getting it.

List the action steps you need to take to get to where you want to go, to do what you want to do. Make these goals as tangible as possible. One successful goal achieved will build your motivation to achieve the next goal in front of you, and so on. Will these steps all be the right ones? Maybe and maybe not. But you won’t know for sure until you start moving forward. Once you start putting yourself into motion all steps taken are a gift because each right or wrong step will provide you knowledge and direction.

3. Accountable.

Few things prompt a person to follow through like accountability. You have to create ways to make yourself accountable and to push through any habits of laziness or doubtful thinking. One of the ways you can do this is to share your goals with others who can help motivate you to stay on task. When you tell others about what you intend to do, it puts a more intense pressure on you to keep working at it. Another option is to get a business coach who can request evidence of your weekly progress. Pairing up with someone acts as a living deadline to keep you moving.

Track every action that pertains to an area where you want to see progress, whether it relates to finances, health, career, or relationships. Whether you are working with someone or going at it independently write everything down, every day without fail with no excuses or exceptions. Tracking your progress and missteps is the path to building success. The process forces you to be conscious of your decisions.

4. Attraction.

Once you have become aware of the steps you must take to do what you want to do, and are taking action, and are being accountable you will begin to produce the behavior you desire. You are moving towards realizing your desires and objectives. This type of movement results in producing a very powerful side effect. You start attracting like-minded people into your life and into business ventures and ideas. The Law of Magnetism says, “who you are is who you attract.”

If you want to be around growing people become a growing person. If you’re committed, you attract others who are committed. If you’re growing, you attract others who are growing. This puts you in a position to begin building a network of like-minded people who help each other succeed. Your greatest growth will always come as a result of finding people ahead of you who can show you the way forward.

Related: Define Yourself With the Expectations You Set

5. Accomplishment.

Get committed. Be willing to pay for your personal growth, financially and otherwise. Be consistent. Keep your every thought, word and deed focused on accomplishment. Be creative. Visualize your desired outcomes at all times. Involve yourself in multiple forms of personal development to feel a sense of accomplishment in every tangible area of your life. Study the people in business you admire. Read their books, attend seminars, hire a business coach, see a therapist and employ a personal trainer. Try and meet with those whom you admire in person, if possible. These people and the knowledge they have are gifts to your personal growth.

Spend time each day in preparation for these meetings and interactions. Reflect upon the interactions you have with all of these people you’ve sought to be a part of your personal development team and be thankful for every opportunity created for your learning. There is nothing more telling to the levels of success you can achieve then possessing a teachable spirit.

6. Authority.

When you do what you want to do it will be more difficult than you ever imagined. You have to be the authority over your own emotions to make success happen. You may have had no idea how much time it would take for you to be effective. You may not have expected to have as many demands placed upon you or your life as there have been, or you may not have realized how long you would have to keep paying the price for your success. You may not have fully comprehend how much your energy level would go down as a result of your commitment.

Great successes have the deep belief that the payoff of their success will make the times of great sacrifice well worth it. When you do what you want to do it will be better than you ever imagined. The compounding return of investing in your personal growth will be astronomical. You will be blown away by how much fun you have doing what you want to do and succeeding at it. Once you are in the fun place of experiencing your success, own it and revel in it. You deserve it… then start a new journey with a new beginning starting with the letter “A” that you can nurture all the way to “Z.” You grow each time you go through this process. You grow in the ideas you hold of yourself, your life and your continued success. Success… doesn’t really have an end.

Costa Rica Travel Guide

ABOUT COSTA RICA

Costa Rica is a small country that encompasses just 0.03% of the world’s land mass. With over 500,000 plant and animal species, Costa Rica is one of the planets most biologically dense countries. According to Costa Rica’s National Biodiversity Institute (INBio), the biodiversity in Costa Rica represents close to 4% of the total species on Earth.

COSTA RICA TRAVEL TIPS

There are a few things that are important to know about Costa Rica before visiting. The following Costa Rica travel tips will help you better understand the country.

It rains year round in Costa Rica, and visitors should be sure to bring a light rain jacket or poncho. December through April are generally considered the dry season, and the rainy (or green) season starts in May. The busiest travel times in Costa Rica are during Christmas and New Years, as well as the week leading up to Easter Sunday, which is known as Semana Santa. For these weeks, hotels are often fully booked well in advance.

Unlike other Central American countries, clean tap water can generally be found throughout the country and in most tourist destinations. Additionally, most visitors find that they are free to enjoy the local food without serious repercussions on their stomachs.

Costa Rica’s unit of currency is the colon, which hovers between 500 – 550 colones/ $1 USD. U.S. dollars are widely accepted, provided the bill is not too large ($50 and $100 bills are rarely accepted) and in good condition. Hotels and tours generally list their prices in dollars. Compared to the rest of the Central America, prices in Costa Rica are relatively high, due in large part to the country’s high standard of living. Typical Costa Rican food and produce is quite inexpensive, while imported products are priced similarly to U.S. prices. A typical Costa Rican breakfast and lunch will cost around 1500 – 2000 colones ($3-4).

Road conditions throughout the country are quite variable. With the tropical climate and mountainous terrain, many roads are difficult to maintain, and many have never been paved. Relatively short distances can take many hours due to poor road conditions or traffic, and some roads are simply inaccessible during the rainy season when rivers swell. It is always a good idea to check with the locals about current road conditions before planning a day trip or taking off in your rental car. These tips can make or break your day.

GEOGRAPHY

ABOUT COSTA RICA

Costa Rica is a small country that encompasses just 0.03% of the world’s land mass. With over 500,000 plant and animal species, Costa Rica is one of the planets most biologically dense countries. According to Costa Rica’s National Biodiversity Institute (INBio), the biodiversity in Costa Rica represents close to 4% of the total species on Earth.

COSTA RICA TRAVEL TIPS

There are a few things that are important to know about Costa Rica before visiting. The following Costa Rica travel tips will help you better understand the country.

It rains year round in Costa Rica, and visitors should be sure to bring a light rain jacket or poncho. December through April are generally considered the dry season, and the rainy (or green) season starts in May. The busiest travel times in Costa Rica are during Christmas and New Years, as well as the week leading up to Easter Sunday, which is known as Semana Santa. For these weeks, hotels are often fully booked well in advance.

Unlike other Central American countries, clean tap water can generally be found throughout the country and in most tourist destinations. Additionally, most visitors find that they are free to enjoy the local food without serious repercussions on their stomachs.

Costa Rica’s unit of currency is the colon, which hovers between 500 – 550 colones/ $1 USD. U.S. dollars are widely accepted, provided the bill is not too large ($50 and $100 bills are rarely accepted) and in good condition. Hotels and tours generally list their prices in dollars. Compared to the rest of the Central America, prices in Costa Rica are relatively high, due in large part to the country’s high standard of living. Typical Costa Rican food and produce is quite inexpensive, while imported products are priced similarly to U.S. prices. A typical Costa Rican breakfast and lunch will cost around 1500 – 2000 colones ($3-4).

Road conditions throughout the country are quite variable. With the tropical climate and mountainous terrain, many roads are difficult to maintain, and many have never been paved. Relatively short distances can take many hours due to poor road conditions or traffic, and some roads are simply inaccessible during the rainy season when rivers swell. It is always a good idea to check with the locals about current road conditions before planning a day trip or taking off in your rental car. These tips can make or break your day.

GEOGRAPHY

Costa Rica is in Central America. It is bordered by both the Pacific Ocean and Caribbean Sea, with Panama to the south and Nicaragua to the north. The country’s total area is 51,100 sq km (19,730 sq mi), slightly smaller than the U.S. state of West Virginia. Costa Rica’s terrain varies between coastal plains and rugged mountains. Three mountain ranges run through the country and there are over 100 volcanic cones, several of which are major volcanoes. The highest point is Cerro Chirripo, which rises to 3,810 meters (12,500 ft) in the Chirripo National Park.

WEATHER AND CLIMATE

The Continental Divide runs through the country’s interior and weather patterns from both the Pacific and Caribbean sweep across the divide’s verdant slopes. Costa Rica’s northernmost regions tend to be more flat and arid and have dry tropical forest, while increased humidity and precipitation creates lush jungles in the south. The country’s rainiest months, termed the “green season,” start in May and run until early December. The dry season typically lasts from December through April. Weather along the Pacific coast tends to follow these patterns. The Caribbean coast, however, is much less predictable and can receive rain throughout the year.

Much of Costa Rica’s biological diversity can be attributed to its location between two continents, as well as its numerous microclimates, which vary by elevation amid the country’s mountainous and volcanic landscapes.

Having a well-grounded and realistic understanding about Costa Rica’s weather patterns will help travelers plan their trip and avoid unpleasant surprises.

DEVELOPMENT AND SOCIETY

Costa Rican society is rooted in family, education, health. Ticos and Ticas (male and female Costa Ricans, respectively) have a sustained commitment to healthy personal relationships and stewardship of the natural environment. This emphasis on creating symbiotic relationships with the environment and tourism, particularly in the last 40 years has set a profound example, and it has allowed a fascinating model of development to take root.

Costa Rica has been a peaceful democracy without a military for more than 60 years. Costa Rica is often referred to as the Switzerland of Central America that offers free education through the 11th grade as well as health care for all citizens. Costa Rica enjoys a high standard of living with the highest regional literacy rate (96%) and an average life expectancy of 78 years. Costa Rica’s long-term vision and investment in the health of its people has also paid off with many foreign businesses drawn to its qualified work force, stability, and proximity to the United States.

In addition to generous social policies, Costa Rica has enacted progressive conservation efforts that have drastically reversed the deforestation that ravaged its land for decades. The country’s system of national parks and reserves protects approximately 25% of the country, a percentage that sits among the highest in the world.

Living up to environmental virtues and sustainable development remains a constant battle throughout the country, whether due to lucrative contract offers, corrupt politics, or illegal poaching and logging. Nevertheless, Costa Rica has largely resisted opportunities to exploit its vast natural resources for valued commodities, despite having a high density of precious metals in the South Pacific, oil along the Pacific Coast, and rare hardwoods in the rainforest. Instead, Costa Rica has opted for an ethic of sustainable development and a commitment to develop renewable energy. Already, Costa Rica is on track to become the first carbon-neutral country, with 99% of the country’s energy needs meet through a combination of geothermal, hydroelectric, and wind power.

Costa Rica is in Central America. It is bordered by both the Pacific Ocean and Caribbean Sea, with Panama to the south and Nicaragua to the north. The country’s total area is 51,100 sq km (19,730 sq mi), slightly smaller than the U.S. state of West Virginia. Costa Rica’s terrain varies between coastal plains and rugged mountains. Three mountain ranges run through the country and there are over 100 volcanic cones, several of which are major volcanoes. The highest point is Cerro Chirripo, which rises to 3,810 meters (12,500 ft) in the Chirripo National Park.

WEATHER AND CLIMATE

The Continental Divide runs through the country’s interior and weather patterns from both the Pacific and Caribbean sweep across the divide’s verdant slopes. Costa Rica’s northernmost regions tend to be more flat and arid and have dry tropical forest, while increased humidity and precipitation creates lush jungles in the south. The country’s rainiest months, termed the “green season,” start in May and run until early December. The dry season typically lasts from December through April. Weather along the Pacific coast tends to follow these patterns. The Caribbean coast, however, is much less predictable and can receive rain throughout the year.

Much of Costa Rica’s biological diversity can be attributed to its location between two continents, as well as its numerous microclimates, which vary by elevation amid the country’s mountainous and volcanic landscapes.

Having a well-grounded and realistic understanding about Costa Rica’s weather patterns will help travelers plan their trip and avoid unpleasant surprises.

DEVELOPMENT AND SOCIETY

Costa Rican society is rooted in family, education, health. Ticos and Ticas (male and female Costa Ricans, respectively) have a sustained commitment to healthy personal relationships and stewardship of the natural environment. This emphasis on creating symbiotic relationships with the environment and tourism, particularly in the last 40 years has set a profound example, and it has allowed a fascinating model of development to take root.

Costa Rica has been a peaceful democracy without a military for more than 60 years. Costa Rica is often referred to as the Switzerland of Central America that offers free education through the 11th grade as well as health care for all citizens. Costa Rica enjoys a high standard of living with the highest regional literacy rate (96%) and an average life expectancy of 78 years. Costa Rica’s long-term vision and investment in the health of its people has also paid off with many foreign businesses drawn to its qualified work force, stability, and proximity to the United States.

In addition to generous social policies, Costa Rica has enacted progressive conservation efforts that have drastically reversed the deforestation that ravaged its land for decades. The country’s system of national parks and reserves protects approximately 25% of the country, a percentage that sits among the highest in the world.

Living up to environmental virtues and sustainable development remains a constant battle throughout the country, whether due to lucrative contract offers, corrupt politics, or illegal poaching and logging. Nevertheless, Costa Rica has largely resisted opportunities to exploit its vast natural resources for valued commodities, despite having a high density of precious metals in the South Pacific, oil along the Pacific Coast, and rare hardwoods in the rainforest. Instead, Costa Rica has opted for an ethic of sustainable development and a commitment to develop renewable energy. Already, Costa Rica is on track to become the first carbon-neutral country, with 99% of the country’s energy needs meet through a combination of geothermal, hydroelectric, and wind power.

11 Ways to Make Money While You Sleep

Do you remember in the past we were warned to be careful about being in debt because interest never stopped charging us, interest never slept, never took a day off, never took a holiday. Well the reverse is true, as well.

Is your money making money while you sleep? Does it sound too good to be true? Since we still live in the age of the interest, it’s not that difficult to earn extra money on the side.

With that in mind, here are 11 ways that you can actually earn money while you sleep.

1. Start a blog.

Perhaps the most popular way to earn a passive income is by launching your own blog. It only takes a couple of minutes to setup and is cheap to start – just purchase your domain name and pay for hosting.

After that, start creating amazing content that people would be interested in reading or sharing. For example, if you’re an accountant that has helped small business owners with their taxes, then that could be your blog. I personally have my invoicing blog to help customers know everything there is to know about invoicing. This draws thousands of signups a month.

Make sure the topics you write about are popular. If you still love your pet rock, I doubt there would be enough people visiting your our site to monetize it. But, you never know.

Once you’ve gained a following, you can start making money from of your blog by:

Earning commissions as an affiliate. This is where you push other people’s products or services on your site. Make sure these products or services are relevant to your blog. For example, that accounting blog could become an affiliate for accounting or invoicing software. Once you find an affiliate partner you’ll be given a unique code so that whenever a visitor clicks that link on your site you’ll earn your commission.

Sell-advertising. If you’re site has the traffic to become an affiliate, then it may also be good enough for advertisers to purchase ads on your site. You may start off small, like making under $20 per ad. But, you may eventually be able to charge triple digits. Again, you site must be quality.

Find sponsors. This is slightly different than just selling ads on your site. Sponsorships may be a one-off piece of sponsored content or permanent logo embedded in your footer.

2. Sell your own information product.

If you’re knowledgeable in a certain area, then you can start creating products, such as eBooks or videos, and selling them on your blog. It may take a lot of work to create and market your products, but once all the leg work is over, you can just set back and collect the proceeds.

Related: 7 Speedy Business Tips From NASCAR Driver Dale Earnhardt Jr.

3. Earn royalties.

If you’re a talented musician, actor, or author, then you could earn royalties from your work. In other words people will pay you for using your work or creative assets.

If you aren’t talented enough, but still interested in earning royalties, then check out Royalty Exchange. It’s a marketplace where you can buy and sell royalties.

4. Create a membership community.

If you’ve proven yourself to be a authority figure, then you can create a membership community where you pay a monthly fee to receive additional high-quality content and information that’s not available to non-members.

One of my favorite examples is Timothy Sykes who makes more than $100,000 per month in passive income through his membership community which discusses how people can make money in trading penny stocks.

5. Install an autoresponder.

Another common online business model is using autoresponders to sell services, products or memberships. This is where people leave their email address on your site and then they’ll receive an automated email containing the link to download products or quality information you have to offer, as well as follow-up with a series of emails.

You’ll a need service like OptinMonster to make this possible. I also recommend you read this Quick Sprout guide to get started with autoresponders.

6. Flip websites.

If you’ve put in the time and effort in building a website and you have gained a lot of traffic, then you may be able to sell it to an interested party by listing on marketplaces like Flippa. I’ve bought and sold a lot of sites here and made a lot of money.

7. Sell physical products.

Just like with a blogging site, there are several ways to earn a passive income by selling physical products. Probably one of the best known ways is by selling your old junk on eBay. But even if you don’t have anything left to sell you can start drop shopping. This is where you sell products for a company on eBay or Amazon and they’ll take care of the rest – including shipping.

You can also launch your own eCommerce store by using Shopify. They literally give you everything you need to sell products online from a complete online shop to including buy buttons on your social media channels.

Related: 7 Ways to Make Extra Income Even With a Full-Time Job

8. Invest in stocks or shares.

When you invest in stocks you become a stakeholder. That entitles you to a share of their profits. Investing in stocks has been a popular way to earn a passive income for years, and thanks to the internet, it’s easier than ever to research and invest in stocks on your own.

Keep in mind that the stocks you invest in can change throughout the various stages of life. For example, I look for investments that can benefit my daughter, such as a CA529 plan that will go towards her college tuition.

9. Peer-to-peer lending.

Companies like LendingClubPropser, and Harmoney have created a new industry where anyone can become a lender. They will then match you with a consumer who either prefers or has trouble securing a loan from a bank. You can earn a higher interest rates on the loans you issued since you’re dealing directly with the borrower.

10. Rent out property.

Thanks to Airbnb, you can rent out your home while on vacation or your vacation home when not in use. You can also rent out your garage, parking space, or unused office space. It’s a nice supplemental income without really doing anything except placing an ad.

Related Book: Moonlighting on the Internet, 2nd Edition by Shelby Larson

11. Hire a middleman.

This is also known as arbitrage and is basically where you have someone else do the work for you. For example, you could start a dog walking service or web design firm, but outsource the actual dog walking or coding to someone else. You’re much better doing anything except being the middleman who is in charge of marketing these services.

John Doe Exclusively Shares His Best Financial Advice

Bad financial advice can ruin your long-term plans and potentially rob you of the future you had hoped for. However, good financial advice (when applied) blossoms and continues to flourish in all areas of your life, even improving the lives of others along the way.

The Cheat Sheet took some time to speak with top experts in the field of personal finance about the impact of good and bad financial advice. We spoke with Certified Financial Planner Jeff Rose of the blog Good Financial Cents, The Money Coach Lynnette Khalfani-Cox, and CreditCards.com’s Matt Schulz. We asked them to share the best piece of personal finance advice they ever received. Here’s what they had to say.

Don’t be mastered by your wants

“The best personal finance advice I ever received came from a finance professor in my junior year of college.  The professor had asked members of the class to raise their hand if anyone had intended to buy a new car every three to five years.  Already having my sights on a BMW upon graduation, I quickly raised my hand.  This is before I knew anything about the power of compounding interest.  That professor showed me what a $300 monthly car payment could grow to be over the course of my working life. It was a huge eye-opening experience.  Because of him, instead of buying a BMW upon graduation, I drove my grandmother’s 1998 Chevy Lumina for the first several years of me being a financial advisor.  That allowed me to max out my Roth IRA and also partially fund my 401(k), which has well positioned me for a successful retirement.”

 

Investment in London’s tech startups hit record levels of $682m in 2015

 

Investment in London’s technology sector has hit a record high, once again proving the city’s attractiveness to investors as firms in the capital gained more than half-a-billion dollars in backing in 2015.

In the first quarter of the year, in which established tech startups such as World Remit, Transferwise and Shazam received multi-million pound funding rounds, London’s tech companies attracted $682m (£459m) in venture capital (VC), up 66 per cent on the same quarter last year.

Funding in the first three months of the year surpassed the previous record of $411.6m secured in the last three months of 2014. The record figure also amounted to more than the entire investment in the sector in the whole of 2012.

Investment in the capital accounted for more than three-quarters of all VC funding made in the UK, according to the latest figures from London & Partners.

Eileen Burbidge, London technology ambassador and partner at Passion Capital, said: “This quarter is the most exciting yet in London’s tech development, as we have seen companies based in the capital attract substantial new investments from some of the world’s most tech-savvy and influential investors.”

How to Get a Job After Graduation

“So, what are you doing next?”

Such a simple question, yet so dreaded by fresh college grads everywhere.

You may have built your resume through internships and made contacts through networking events — but figuring out how to leverage those efforts into a full-time job is a whole different ballgame.

Which is why a recent Hubspot article caught our attention. In her ultimate guide on how to get a job after graduation, Katie Burke discusses everything from determining a career path to applying and interviewing.

How you — yes, YOU — can actually get a job

Though the post is quite a behemoth (and is definitely worth a full read!), we wanted to share a few of our favorite tips here: (Click here to share these favorites.)

Listen

“This sounds incredibly obvious, but the reality is that most job seekers spend more time talking than they do listening,” says Burke.

And that’s not going to help you find a job. As a freshly minted college grad, you should act like a sponge, absorbing information and advice from those around you. Take the time to talk to people in careers you’re curious about, and keep your ears open to opportunities that might be a good fit.

(PS. This doesn’t just apply to job seekers. No matter where you are in your career, listening is one of the most important skills you can develop!)

Respect the process

Though getting a job may not be as difficult as it was a few years ago, it can still be a lengthy process. It’s important to accept that fact, because being impatient or trying to take shortcuts could hurt your chances of receiving an offer.

Burke suggests treating “every element of the entire candidate experience like a formal interview” — from talking to recruiters on the phone to greeting the receptionist.

And don’t forget to do your research about the company and position you’re applying to.

“If you expect an organization to invest in you, invest two hours to properly understand its products, people, and value proposition so you can tailor your approach and responses accordingly,” she explains.

Check your entitlement at the door

It’s no secret that people think millennials are entitled; whether it’s a fair assessment or not, it’s up to you to prove them wrong.

Remember that this is your first job. Though people above you may be doing far more interesting and exciting things, they probably started where you are now. Keep that in mind, and avoid acting like tasks are “beneath” you.

“Companies need incredible, brilliant, insightful people who will be future leaders in the organization,” says Burke. “But they also need people willing to do hard work, especially when it’s inconvenient, unglamorous, or tedious.”

Experts, investors see warning signs of real estate slowdown in Vancouver

 

The end of another month means one thing in real estate-mad Vancouver: word that housing prices have hit another jaw-dropping high. But behind the figures for June are some statistics that could suggest the market is finally slowing down.

While the benchmark price for typical single-family homes rose to $1.56 million, according to the Real Estate Board of Greater Vancouver, the number of sales of those houses dropped by about 19 per cent. In east Vancouver, detached home sales declined by 26 per cent, and on the west side, by 36 per cent.

Those declines come even as the number of listings rose. In the first six months of 2015, there were 72 sales for every 100 listings in east Vancouver. A year later, that dropped to 59 sales for every 100 listings. Similar changes were experienced in Burnaby, Richmond, South Delta and New Westminster.

Academics are reluctant to make predictions without a few more months of data, but a pair of UBC business professors say that the signs for a possible slowdown are evident.

“Declining sales matching with rising listings is exactly the type of first thing we start to see when markets start to change,” said Tsur Somerville. “We see sales changes, volume changes before we see price changes.”

His colleague Tom Davidoff agreed, but he pointed out the Bank of Canada’s prediction last month of a possible “correction” to the nation’s housing market could have spooked some buyers.

Still, there were already suggestions this spring from the Canadian Real Estate Association that the market may have “topped off” after a dip in sales in April.

There’s no hint in the numbers of prices cooling off so far, but there is scattered anecdotal evidence of homeowners dropping their asking price after they fail to get the desired offers. Ian Tang of Oakwyn Realty noted that in one extreme example, the list price of an east Vancouver home was recently cut by about $400,000.

“There are other instances where properties have been up for $1.2 million or $1.3 million, which seems reasonable in comparison to what’s been happening, but then they drop it (by) $100,000,” he said.

Fewer buyers are viewing listings now than in the past eight months or so, Tang added. Although that’s typical for the summer months, it does mark a change from 2015.

“Last year, we didn’t see a lull at all,” he said. “I was kind of expecting it to happen this year as well, but I think prices got to the point … that most people are kind of fatigued with the whole buying process.”

A small handful of investors are ready to call Vancouver’s housing market a bubble that’s about to burst. American short-seller Marc Cohodes told the Province a year ago that he was already making targeted bets against some alternative mortgage lenders.

Here in Vancouver, investor David LePoidevin of the LePoidevin Group says he is “nibbling” at shorting the real estate market by focusing on a handful of lenders.

He blames spiralling prices on three factors: low interest rates, foreign investment from China, and consumer behaviour based on the assumption that rising prices are a permanent trend.

“When you combine all three of those, it’s your classic bubble,” he said. “Right now, the numbers are so outstretched … that once it begins to turn, it could get nasty.”

LePoidevin has been predicting a bubble for years, but he believes he previously underestimated the effect of foreign money on the market.

“We might be getting to see the beginning of the money fleeing China slowing to a trickle,” he said. “The Chinese government are tripling their efforts to stop the flow.”

If he had to gamble on it, LePoidevin said he’d bet that the market has passed its peak, and said his company has responded by avoiding investments in Canadian real estate and preferring to work in the U.S. dollar, anticipating a heavy toll on the Canadian dollar.