Glendale, AZ - Law of Business Balance | Advice from a Master Business Coach

Mon, June 26 2023 - 10:42 AM

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SYNOPSIS: Explore timeless business wisdom from John Ruskin, presented by master business coach Danny Creed, emphasizing the importance of business balance for enduring success by watching this video.

Harnessing the Law of Business Balance

BY: Danny Creed, Danny Creed

In a recent talk, business coach Dan Creed explored the enduring value of wisdom from the past, particularly insights from John Ruskin, a leading English critic and social thinker from the Victorian era.

John Ruskin and the Law of Business Balance

Ruskin was known for his wide-ranging intellect, with interests spanning geology, literature, botany, and economy. Creed highlighted Ruskin's thoughts on maintaining a balanced business mindset, a notion remaining vital for success today. According to Ruskin, paying too much might result in a slight financial loss, but spending too little could lead to losing everything, as the purchased item might fail to perform its intended function. This law of business balance urges against expecting a lot while paying little, and Creed underscores the relevance of this law in today's economy.

Protecting Your Money: A Business Essential

Drawing on Ruskin's wisdom, Dan Creed emphasizes entrepreneurs must be savvy about their spending, whether start-ups or established businesses. Protecting one's money involves making informed decisions about expenditures, refraining from impulsive purchases, working within a budget, and planning. Companies must develop metrics to measure their performance and adjust as needed, as a single bad deal can be fatal.

Dan Creed: Your Partner in Business Success

In closing, Creed reminds us success is achievable through hard work and continuous learning. He invites anyone needing personal or business development assistance to reach out to him, highlighting the wealth of resources available on his website. Creed's insights remind us of the enduring importance of fundamental principles like the law of business balance and the value of drawing upon wisdom from the past to succeed in today's ever-evolving business landscape. [csc_video src="https://cityscoop.us/phoenixaz-businesscoaching/blogs.dir/883/files/2023/06/videouser_883_10807_20230602195733.mp4"] Hi, this is business coach Dan Creed and welcome to Straight Talk on Business. You know, I've always said that success is easy if you work hard and continuously learn. One thing that I'm constantly amazed at is the amount of wisdom that we have available to us to draw upon from the past that's largely neglected today. Case in point, a guy named John Ruskin, who lived between 1819 and 1900. He was a leading English critic of Victorian-era art and a social thinker. He was a philanthropist. He wrote all kinds of subjects, including geology, literature, botany, and economy. He was born almost 200 years ago, yet his thoughts are as fresh today as ever. Here's what he said about having a business balance mindset: “It's unwise to pay too much, but it's worse even to pay too little. When you pay too much, you lose a little money. That's all. When you pay too little, you sometimes lose everything because the thing you bought was incapable of doing the thing that it was bought to do. The common law of business balance prohibits paying a little and getting a lot; it can be done. If you deal with the lowest bidder, it is well to add something for the risk you run. If you do that, you will have enough to pay for something better.” That was John Ruskin almost 200 years ago. Look, friends: the phrase “you get what you pay for” isn't a new concept, and it's not a flippant quip that should not be paid attention to. The common law of business balance is natural. And if you're an entrepreneur, a business owner, or a corporation trying to survive, let alone thrive in today's economy, you'd better memorize this universal law of business. Again, Ruskin says the common law of business balance prohibits paying a little and getting a lot. It can't be done. One of the first rules I've learned as an entrepreneur— no matter whether you're a start-up or have an established business— is always: protect your money. That means making smart decisions on how you spend it and what you spend it on. Master this foundational business skill, and you're well on your way to building a business that will sustain itself through any economic condition. Make every cent count. Don't waste a penny through bad decisions, impulse buying, or working without a budget and a plan. Have metrics in place so you know how they're doing because one bad deal can lead to your last deal. I'm business coach Dan Creed. Thanks for joining us. If you need help with your personal or business development. Go to my website; there are lots of resources there, and send me a note.

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Glendale, AZ - Law of Business Balance | Advice from a Master Business Coach

Harnessing the Law of Business Balance

John Ruskin and the Law of Business Balance

Protecting Your Money: A Business Essential

Dan Creed: Your Partner in Business Success

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Danny Creed

Danny Creed

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John Ruskin and the Law of Business Balance

Protecting Your Money: A Business Essential

Dan Creed: Your Partner in Business Success

“Best Business Coach in Phoenix, AZ”

Top Rated Local Business Coach / Advisor / Consultant / Firm

Maricopa County : Phoenix, Scottsdale, Glendale, Tempe, AZ

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“Best Business Coach in Phoenix, AZ”

Top Rated Local Business Coach / Advisor / Consultant / Firm

Maricopa County : Phoenix, Scottsdale, Glendale, Tempe, AZ

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Danny Creed

Danny Creed

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