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Five Ways to Build Your Wealth: A Guide

Strategy Driven

Then, list all your expenses, including fixed expenses such as rent, utilities, and insurance, and variable expenses such as food, entertainment, and clothing. A diversified portfolio includes various investments, such as stocks, bonds, real estate, and cash. Invest in bonds of various types, credit ratings , and maturities.

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How do you start your own business

Strategy Driven

Furthermore, the state can legally bind you to acquire surety bond insurance, under the federal law that you might not even know about. Therefore, learn a valuable lesson from this and make sure you sort out any tax, license or insurance matters if you want your business to run smoothly. Planning Ahead.

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The Rebirth of the CMO

Harvard Business Review

Instead, the last few years have seen a proliferation of C-suite titles that include a component of marketing. This diversity reflects not only a deepening understanding of the connection between growth and customer satisfaction, but a much greater awareness of what marketing can do to help forge that bond.

P&L 11
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What to Know Before You Sign a Payment-by-Results Contract

Harvard Business Review

Cigna is the first insurance company to get pharmaceutical companies to agree to value pricing based on results for certain cholesterol-lowering drugs. And the Health Care Transformation Task Force , a newly formed coalition of private insurers and provider organizations in the U.S., ” U se of digital technology.

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Start Networking with People Outside Your Industry

Harvard Business Review

As Harvard sociologist Robert Putnam has written, you need to have a balance of both “bonding capital” and “bridging capital” — i.e., relationships based respectively on your commonalities (bonding) and relationships built across differences (bridging).

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What Good Is Impact Investing?

Harvard Business Review

Take micro insurance: If I allow a small-hold farmer to insure their crop, it means in the first year they can actually have less volatility around the outcome. They can put more of their assets to work because they don’t need to self-insure. Which in turn means they actually can run bigger farms, pay bigger insurance premiums.

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How Not to Unwittingly Reveal Company Secrets

Harvard Business Review

Social-media technologies offer plenty of ways for your company to gain valuable insights about your customers and industry — see our previous blog post. But social technologies open new channels that permit snooping on an unprecedented scale. Leaks are nothing new; companies have been eavesdropping on each other forever.