Gain personal freedom by being frugal.
from Unleash Your Inner Company by John Chisholm
The two most in-demand resources for starting a business are time and money.
If you can save money and time, your business will be much more likely to succeed.
How to Apply This
-
Visualize what you want to free up time, space, and mindshare for.
For example, your business or your significant other. -
Pay off credit cards.
This is the most expensive form of debt. -
Pay bills online.
Save time, postage, and late fees. -
Be wary of impulse purchases.
Wait at least ten days before making an expensive purchase. -
Enjoy free entertainment.
Choose YouTube over movie theaters. -
Do it yourself.
Instead of going out to a bar or club, make a meal at home for friends. -
Spend time with people who demonstrate being frugal by their behavior and willingness.
At all costs, avoid people who are impressed by extravagance.
Why Use Mentorist?
- Track your progress and build lasting habits
- Get personalized reminders to stay on track
- Access hundreds of book summaries with actionable steps
- Transform knowledge into action in just 15 minutes a day
Ready to Take Action?
Download Mentorist to track your progress, get personalized reminders, and turn this insight into a lasting habit.