Pareto principle or the 80-20 rule is a much larger rule that applies over a large variety of things. It states that 80% of the effect comes from 20% of the causes. Its application is in almost all fields. In economics, it says 80% of wealth is held by 20% […..]
The article is about two of my clients whose names start with V & J respectively. You might be thinking why I wrote an article and added the word principle by their initials. This is one of the mistakes I did with my career as a distributor. Well, let’s hear […..]
I recently got a chance to attend a training session organized by one of the AMCs for distributors. The trainer gave an excellent example which I wanted to share with you all. Imagine you are given an opportunity to make the selection for a Cricket team. Suppose you have around […..]
What is 200 per day or 6000 per month? One time meal? A biryani? Or the amount that you spend partying in a month? If you had invested this money you would get 1Cr by the end of 25 years. 3 years later your salary might have doubled but you […..]
Yes, you read it right. Term insurance is available free of cost. You don’t need to submit any income certificates or do medical tests. You just need to be between 18 and 51 to be eligible. However Cover continues till you are 60. FREE because the AMC pays for you. […..]
Albert Einstein has rightly said, “Compound interest is the eighth wonder of the world. He who understands it earns it… he who doesn’t… pays it.” The problem is people don’t understand the value of this statement. My take: Compound interest is the 8th wonder in the world that can help […..]
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