KIMAROSE ZAMBIA

 I am so excited for the New Month and all the good vibes it will bring for you and I.  As we get into the spirit of the new month one of the critical things that's always important is to look back on the previous month and learn lessons from the experiences we had. Today I'm going to be sharing a few of those lessons with you and I hope you can reply this email with some of yours as well. 1. Less is more - last month of January, I learnt a bit more about building the business of my dreams and the realisation that we don't have to go for every single thing or do one million things to be able to achieve goals. A few carefully selected actions would take us in the direction of our dreams.. and they have. 2. Hack happiness - The hormones that keep us happy are simple to trigger. Happiness related  hormones can be triggered by things as simple as ticking something off your todo list, playing with a baby, taking a walk outside, hugging your spouse, hanging out with your friend...

I have been an expat for 3 years. Where you live now, is largely irrelevant to your investments. Sure, some things make a difference. For example, if you live in UK as an expat, there are tax implications. But in general, there are loads of expat focused accounts, which are designed to be flexible, that are portable, and move with you when you move to another location. Often all you need to do is update your credit/debit card payment or just send from a new bank account. What matters is what you invest in, as well. The best way to invest, according to a lot of academic research is: Investing 80% in long-term assets and 20% in something “sexier”. Long-term beats market timing Low-cost diversified index funds beat over diversification Markets beat property long-term Never think “now isn’t the right time to invest”. There will always be elections, unexpected events and various crisis. I was recently invited to make a media comment on this and mentioned how many people will make ...

A new way to look at personal growth Let’s do a little math to find out how much free time we really have. There are 24 hours in a day, 168 hours in a week, 8,760 hours in a year. Some of those hours are spoken for. If you need eight hours of sleep a night, that’s 2,920 of the 8,760. If   you work 40 hours a week for 49 weeks (so, excluding holidays and two weeks’ vacation), you’re working 1,960 hours. Subtracting all this takes us down to 3,880 waking, nonworking hours. Of course, people have vastly different levels of caregiving or chore responsibilities, and some people work more or fewer hours for day. But we could imagine that just about everyone has somewhere between 1,000 to 2,000 discretionary hours per year. (The American Time Use Survey pegs the population average at 5.19 hours of leisure per day, or 1,894.35 hours per year. The busiest segment — working mothers of children under age six — tend to have about 3.15 hours of discretionary time per day, or 1,149.75 pe...

 In 2020, I reviewed over 325 business proposals for different individuals for free.  Of those 325 individuals, about 50% said thank you after I sent the business proposals review to their email. However, only 10 of those 325 individuals reached back out to me 2-3 months later to share how the business proposal review benefited them.  I now stay in touch frequently with those 10 individuals because I feel personally invested in their success! 😊 The part 2 of following up is much more difficult, but is guaranteed to set you apart from others, here’s why:  1️⃣ Most people forget. Life moves on and it’s difficult to remember following up on something from 3 months ago. You need to make a conscious effort.  2️⃣ Results take time. A thank you note within 24 hours of a conversation likely won’t cover the impact on your life because it takes time to see results from advice.  3️⃣ It portrays sincere gratitude: The fact that you remember a conversation from 3 month...

Want to make more money? Start solving people's problems. Lately I’ve been getting emails from readers with the following situation: “I’ve pinched every penny and slashed every expense. But I still can’t pay my bills. Help!” If I accept your premise — if you’ve slaughtered your expenses to the brink of extinction — then you don’t have a spending problem. You have an income problem. The best solution is to start a side business, also called a “hustle.” Here’s why. Five Ways to Earn More Money You have five choices when it comes to boosting your income: Get another J-O-B Flex your hustle muscle Score a raise at work Switch careers Create investment income I’ve ranked those five choices in order from “immediate” to “eventual” in terms of payoff. How to earn more money Today’s article is dedicated to people who need extra money immediately, so let’s focus on the two shortest-term options. The Dreaded J-O-B When most people need money, they search for a job. “Maybe I can get a job at th...

 Business Travel Saving Tips for Small Businesses  There’s no doubt that running a small business comes with a multitude of expenses. When you are required to travel to conduct business, expenses can balloon if not properly managed. Without proper management, such expenses can detrimentally affect your business. This guide gives six quick-saving tips for you to keep in mind when traveling for business. Tip 1 – Create and stick to a travel policy Prior to diving into other tips, it is vital that you set a travel policy for your small business. A good travel policy should outline the business travel guidelines for your employees (and you!) to follow. This should also list amounts for certain expenses, such as accommodations and dining. Tip 2 – Be smart when booking flights As the adage goes, the early businessman catches the cheaper flight. When considering business travel expenses, airfare is generally one of the larger costs. However, by being a bit savvy, a small business own...

 Quick question: What do Walt Disney, Sam Walton, Steve Jobs, Richard Branson, Dave Thomas, Larry Ellison, Michael Dell and Bill Gates have in common, apart from the fact that all of them are in the entrepreneurial hall of fame? The answer: none of them had a formal education. Not one of them graduated from college when they should have (it’s another thing that some of them have been awarded degrees later). In most cases of successful entrepreneurship, it looks like success in entrepreneurship has no correlation to education. The real answer to whether or not education makes a difference is tricky. Surely, though, the right kind of entrepreneurial education puts entrepreneurs through a better conceptual framework, introduces concepts that are necessary for entrepreneurship, and introduces you to the world of business. So, education has its place but is certainly not necessary for success in entrepreneurship. According to Saras Sarasvathy who conducted research by sampling about 30 ...