SG Wealth Accumulation Builders

06/05/2021

Whatever it is you plan to do in your future, whether work or other activities, your financial goals in the present should be realistic to enable you to fulfil your plan

Taking control of your personal finances begins with thinking about your goals and deciding what really matters to you

The problem goes beyond a lack of financial literacy taught in school. The world of financial planning has transformed since our parents’ ...

02/05/2021

𝐖𝐡𝐲 𝐢𝐬 𝐢𝐭 𝐛𝐞𝐭𝐭𝐞𝐫 𝐭𝐨 𝐛𝐮𝐢𝐥𝐝 𝐚 𝐟𝐨𝐫-𝐩𝐫𝐨𝐟𝐢𝐭 𝐭𝐡𝐚𝐧 𝐚 𝐧𝐨𝐧-𝐩𝐫𝐨𝐟𝐢𝐭? 𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐬𝐢𝐱 𝐫𝐞𝐚𝐬𝐨𝐧𝐬

1. By building a business you can offer equity to your team members and pay fair salaries.

2. By better compensating your team you’ll attract higher quality employees.

3. By better compensating yourself you’ll be able to live more comfortably, take care of your family, and have extra income to make investments in other companies that are making a difference.

4. By taking investment instead of donations, you will have investors who will be more willing to help ensure your success due to their own desire to see their investment grow.

5. By charging customers market rates you’ll get better feedback from them.

6. When you make a profit you’ll be able to use some of it to subsidize the prices for those who can’t afford full price as well as reinvest it into further improving your products and services.

𝙄𝙩’𝙨 𝙖 𝙡𝙤𝙩 𝙚𝙖𝙨𝙞𝙚𝙧 𝙩𝙤 𝙗𝙪𝙞𝙡𝙙 𝙖 𝙘𝙤𝙢𝙥𝙖𝙣𝙮 𝙩𝙝𝙖𝙩 𝙢𝙖𝙠𝙚𝙨 𝙖 𝙝𝙪𝙜𝙚 𝙥𝙤𝙨𝙞𝙩𝙞𝙫𝙚 𝙞𝙢𝙥𝙖𝙘𝙩 𝙞𝙣 𝙩𝙝𝙚 𝙬𝙤𝙧𝙡𝙙 𝙩𝙝𝙖𝙣 𝙖 𝙣𝙤𝙣-𝙥𝙧𝙤𝙛𝙞𝙩 𝙩𝙝𝙖𝙩 𝙢𝙖𝙠𝙚𝙨 𝙖 𝙝𝙪𝙜𝙚 𝙥𝙤𝙨𝙞𝙩𝙞𝙫𝙚 𝙞𝙢𝙥𝙖𝙘𝙩 𝙞𝙣 𝙩𝙝𝙚 𝙬𝙤𝙧𝙡𝙙