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What Companies Can Learn from the Southwest Airlines Crisis

Success

An American Institute for Economic Research (AIER) article details other Black Swan examples: A “highly profitable hospital network may suffer a similar meltdown in operations under a bizarre mass casualty event” because they haven’t made any accommodations for extra space and staff and thus lose efficiency. But don’t wait.”

Learning 278
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Impending Recession Or Not, Use These Professional Tips To Prepare For Financial Turbulence

Allwork

Ideally, workers should aim to save 3-6 months of living expenses. This cushion can help cover essential costs in case of job loss or unexpected expenses. It’s also helpful to adjust your spending by implementing a more conservative budget, focusing on essential expenses and reducing discretionary spending.

Expenses 296
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30 New Year’s Resolution Ideas to Make 2024 Healthier, Happier & More Secure

Success

Here, we offer tips for creating your resolutions, learning how to keep them and even some New Year’s resolution ideas to get you started. Learn a new skill. Calculate your monthly income, track your spending, determine your goals and priorities and develop a plan to manage your expenses. Learn about investing.

2024 299
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Face the Spreadsheets: Lisa Gilmore on Learning to Love the Financial Side of Her Creative Business

Success

When all the things that usually kept her busy—meetings, networking events, spin classes—were shut down, Lisa struggled to even know what to do. For example, there are separate accounts for taxes, operating expenses and cost of goods. From there, separate your money into bank accounts for bills, rent, groceries and personal expenses.

Learning 279
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Occupation-Specific Coworking Centers: A Way To Reach New Prospective Members Or A Recipe For Disaster?

Allwork

These targeted coworking spaces offer a place for like-minded and similarly employed people to collaborate, network, and share resources. . While cross-disciplinary exchanges are valuable, inter-disciplinary exchanges are indispensable for craft-building and for networking within a specific industry. .

Expenses 336
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Bankrupt and Facing a $100 million Lawsuit, This Entrepreneur Learned the Power of Grit

Success

Early in his career and looking to supplement his work as a professional athlete, Goetschel joined a company with a network marketing business model and discovered that the business, in his opinion, was built around an antiquated system. The next problem? This article originally appeared in the January/February 2022 Issue of SUCCESS magazine.

Learning 290
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YNAB Is More Than A Budgeting App, Its Principles Can Help Your Long-Term

Success

Instead, it can be: Customizable to fit your unique financial situation A finance planner focused on achieving your financial goals, not just tracking expenses Empowering, helping you turn financial challenges into opportunities The best thing about You Need a Budget is it uses the zero-based budgeting (ZBB) system.

Budget 130