The vast majority of us have credit card debt, home loan debt, automobile loan debt, school loan debt, medical bill-related debt, gambling debt, investment margin debt, business-related debt, liens against our property, or owe money to a friend or relative. Too often, these debts last long after the joy and usefulness of the product orContinue reading “Not having $1 vs having $1 while being in debt to someone for that $1 may look the same when we look at our balance sheets and net worth. However, they certainly don’t feel the same.”
Tag Archives: business
THE PRACTICAL PROBLEM OF PURSUING PURE MEDICAL SCIENTIFIC RESEARCH WITHOUT MAKING AN ADDITIONAL GOAL TO PRODUCE NEAR-TERM RESULTS OF IMPROVED DIAGNOSTIC TOOLS OR TREATMENT OPTIONS…
https://www.nytimes.com/2022/02/22/us/thomas-insel-book.html?smid=url-share Ideally, we should be able to do both: basic scientific research to look at fundamental causes for wellness and disease, as well as produce tangible, applicable, diagnostics and treatments for diseases affecting individuals and society. An interesting aspect of making self-sustaining/profitable and scalable businesses is that their primary focus is to be able toContinue reading “THE PRACTICAL PROBLEM OF PURSUING PURE MEDICAL SCIENTIFIC RESEARCH WITHOUT MAKING AN ADDITIONAL GOAL TO PRODUCE NEAR-TERM RESULTS OF IMPROVED DIAGNOSTIC TOOLS OR TREATMENT OPTIONS…”
WHY IT IS SO CONFUSING IS THAT YOU CAN BELIEVE ALMOST ANYTHING, BEFORMALLY EDUCATED (or not), BE IN ALMOST ANY TYPE OF BUSINESS, AND STILL MAKE A VERY SUCCESSFUL LIFE AND LIVING OUT OF IT ALL.
Charles Tadros, M.D. September 13, 2021 Saint Louis, Missouri
MANY OF THE CONCEPTS AND TECHNIQUES DEVELOPED FOR AND USED IN BIG BUSINESS, APPLY WELL TO, AND WORK WELL FOR, OUR PERSONAL LIVES.
Principles found in finance Principles found in accounting and bookkeeping Principles found in manufacturing Principles found in automotive industry Principles found in the service and hospitality industries Principles found in the farming and ranching industries Principles found in forestry and land use management Principles found in human resource management (human capital) Principles found in assembling,Continue reading “MANY OF THE CONCEPTS AND TECHNIQUES DEVELOPED FOR AND USED IN BIG BUSINESS, APPLY WELL TO, AND WORK WELL FOR, OUR PERSONAL LIVES.”
IN MOST CASES, IT IS NOT WORTHWHILE TO PATENT AN ITEM OR A PROCESS.
Most patented items are never made, mass produced, and never become a profitable part of a viable business. It has become much easier to pirate, copy and manufacture many items in other countries, which do not have the same patent, trademark, and copyright laws as the United States and the European Union. Charles Tadros, M.D.Continue reading “IN MOST CASES, IT IS NOT WORTHWHILE TO PATENT AN ITEM OR A PROCESS.”
TAX “LOOPHOLES” ARE NO ACCIDENT. THEY ARE PURPOSEFULLY IN THE TAX CODE TO INCENTIVIZE AND REWARD CERTAIN ACTIONS AND BEHAVIORS (which are believed to benefit our society and country).
Incentives for: marriage, having and raising children, starting and maintaining a business, farming and other agricultural activities, drilling for petroleum and for mining, investing for the long-term, investing for retirement, taking out a loan in order to purchase a primary residence (BUT NOT FOR PAYING FOR A HOME WITH CASH), being more energy efficient, runningContinue reading “TAX “LOOPHOLES” ARE NO ACCIDENT. THEY ARE PURPOSEFULLY IN THE TAX CODE TO INCENTIVIZE AND REWARD CERTAIN ACTIONS AND BEHAVIORS (which are believed to benefit our society and country).”
RUNNING A HOUSEHOLD HAS MANY OF THE SAME NEEDS, GOALS, EMOTIONS, CONFLICTS, LOGISTICS, HURDLES AND OTHER FEATURES THAT ONE WOULD EXPERIENCE WHEN RUNNING A SMALL BUSINESS.
You will be refining SYSTEMS to achieve GOALS while continually DEVELOPING your TEAMS via EDUCATION and TRAINING, matching JOB SKILLS and PERSONALITY TRAITS, finding IN-HOUSE and EXTRAMURAL SUPPORT, and by removing HURDLES for your “FAMILY BUSINESS”. All the while you will be BENCHMARKING QUALITY and PROGRESS while keeping this “EMPLOYEE-OWNED,” GOING CONCERN, ON-TIME and UNDERContinue reading “RUNNING A HOUSEHOLD HAS MANY OF THE SAME NEEDS, GOALS, EMOTIONS, CONFLICTS, LOGISTICS, HURDLES AND OTHER FEATURES THAT ONE WOULD EXPERIENCE WHEN RUNNING A SMALL BUSINESS.”
SOME ACTIONS, ON THE WHOLE, DO NOT MAKE SENSE. BUT IT IS IMPORTANT THAT MANY OF US DO THEM ANYWAY.
Have a faith Get higher education Get married Have children Start a business Charles Tadros MD April 24, 2021