Dream Big. Think Outside the Box

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By: Eli Karam
In life you have two choices; either be mundane and simple, or be creative and enthusiastic. Majoring in Finance, I always get the dreaded question “uh so you want to sit down all day in a cubicle and look at papers and crunch numbers?”. No my friends, for me theres much more to Finance than that. Even with other majors whether it be Accounting, Marketing, Biology, etc; YOU are the one who decides what you want to do.

Don’t let any corporate entity change your mind or make you lose focus on whats really important.

Word of Advice– Take 5-10 minutes a night and write out your most craziest ideas or tasks you want to accomplish. Either write it on a post-it-note and paste it in your room or grab a notebook. Do it for a week and just see what you come up with. I always had these wild ideas or business ventures but because I couldn’t see them on paper they were just a minute thought in my head. Once you see it written down physically, it becomes more approachable to execute.

I encourage you to set the bar high, no matter what you’re aiming for in this life. Invest your time and energy on getting what you want and doing what you believe in. Don’t waste your time and effort on things you don’t really want, but think you should have. Oprah once said “That is the lesson: You needed to dream a bigger dream for yourself”. Never succumb! Hold the biggest vision possible for your life and in good time it will come true.

Be creative! Be different! Be great! And most of all, be an EntreWolf!

The Book to Read to Motivate You About Investing

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By: Eli Karam
Read Invest in Yourself-Six Secrets To A Rich Life by Marc Eisenson, Gerri Detweiler, and Nancy Castleman. I recently picked it up for a good summer read on my downtime and have been pasting through it since! They give excellent advice on how to live YOUR life the way you want, how to manage/invest your money, and other personal opinions that will benefit any individual in life and of course in wealth. So to any EntreWolf ready to start investing….go out and read it!

What Just Happened in Brazil?!…And No, not the World Cup

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By: Eli Karam
If you ever watched movies like Ocean’s Eleven, The Italian Job, or Inside Man, you understand the thought process and time it takes to successfully pull off a heist in that magnitude.

Samsung just got hit with one in their factory in Brazil, and 40,000 products are missing. The total worth of this loss is $6 million, and the Associated Press believe over 20 robbers took part in this theft and are saying it was an inside job. They hijacked a company bus and took hostages, as-well as their id’s for precaution. The thieves of the night were able to get into Samsung’s facility, restrain the guards, and unload 40,000 electronic devices into seven trucks. They executed this during the World Cup 2014. The heist men must’ve known that most of the police force’s attention will be on the games. It’s a big hit and loss for the company, hopefully they’ll get those products back.

The Successful from the Unsuccessful…A MUST READ

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Reblogged: Wall Street Insanity-Renata Musial
1. Strong Sense Of Self-Awareness– Successful people have a strong sense of self-awareness: the capacity for observation and the ability to recognize themselves as an individual separate from their environment and from other individuals. A self-aware person is considerate of their own personal impact on the world and cognizant of their ability to make change in the world. They can identify and appreciate their inabilities and limitations and strive to change them, where possible.

Alternatively, unsuccessful people have a more single-minded view of themselves and their role in the world. They may be extremely confident and want to facilitate change in the world or their own life, but their focus is more self-centered and personally motivated. Their “big picture” vision just isn’t quite big enough.

2. A Desire To Improve Another difference between successful and unsuccessful people is the work of successful people towards improvement: improving themselves, their lifestyle, their community, the world. Unsuccessful people generally are risk-adverse or feel “safer” staying in the same place. They are most comfortable doing what they know best, whether or not it’s actually working for them. Sometimes, this works out just fine and, in their own eyes, they are quite successful.

Whether they seek to grow personally, or in their careers, successful people take action to make positive changes. For some, it may mean simply keeping in shape or eating healthy on a daily basis. For others, it’s a religious commitment to marathon training. Some read books to expand their perspective on the world while others research topics extensively in order to write books. Regardless of the level of the attempt to improve and, somewhat surprisingly, regardless of the actual results, this is a major difference between successful and unsuccessful people.

3. Ability To Delay Gratification Successful people also have a higher threshold of patience, an ability to delay their own gratification. Take a law student who spends an entire four-month semester studying for one final exam that determines his entire grade. Or an entrepreneur who starts a business and has to work for two years without a paycheck in order to keep his business afloat. These are not the behaviors of instant-gratification types.

The difference between what makes someone successful versus unsuccessful is difficult to truly pinpoint. Not only is the identification itself often subjective, but it can sometimes be based on totally uncontrollable factors, the “I was in the right place at the right time” situation. But, more often than not, successful people exhibit characteristics that propel them towards their goals and ultimately success. And if you don’t naturally possess these traits, all is not lost. Just get practicing.

Check out P​.​O​.​P. Culture’s New (Instrumental Album)

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By:Eli Karam

I had the pleasure of interviewing the man behind the next era of backpack rap, Leo Sins. When asked what image he wants to portray to the media and pop culture, he said “I considerer myself a teacher, I want to educate the youth and destroy the gimmicks”.

GoodLife is a music company we have been working together on for about a year now and the young EntreWolves released their recent instrumental album P.O.P Culture this past month. It stands for Product of Propaganda and it consists of artist/producer’s Leo Sins & Rauxy Woodro. Production credits include Dutch ReBelle, City Boy Dee, Dell Best, Elita J, Brian Chaplain, Mack Sauce, Marvin Monts.

GoodLife, and Leo Sins has a self-produced mixtape titled BlackSpaid while Rauxy Woodro has produced his mixtape Ignorance and Elegance featuring Skibby Contae. Since those releases the duo have combined and set out to destroy the gimmicks and propaganda in the game leading us to P.O.P. Culture. Check them out!

http://productofpropaganda.bandcamp.com/releases

https://soundcloud.com/leosinsmusic/sets/blackspaid/

 

Advice of the Day- “A Dollar Today is Worth More Tomorrow”

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By: Eli Karam
Any student studying business has heard this phrase over and over again. I remember the first time I heard this was from my first finance professor at Bentley University, and she explained it very vividly. She explained that with money, you have two options; either spend it, or you can invest in it and watch it grow. Now for everyone thinking about inflation and that the dollar can decrease in value throughout the years, that’s not the meaning of it.

If you are in college and have at least $1000 in your bank account, (or in liquid cash under the mattress) you are not utilizing the benefits of increasing your value. Yes, it may be risky…but we also know that HIGHER THE RISK, HIGHER THE RETURN! All I’m getting at is that you should really start looking at other ways to grow your dollar worth, whether it be in stocks, bonds, real estate, start-ups, etc.

For me I’ve lost money and I’ve made some, but only because I took that risk. When I was 19, I invested $900 in Kraft (KRFT) and lost 3/4 of my money, because at the time I didn’t think about future mergers and what not, but still to this day I learned from my mistakes. All I’m saying is you don’t have to be a business savant to know how to manage your money. If you want to be “good” then keep that money in the bank account and spend it when you need, but if you want to be “great” and have that EntreWolf passion…invest, invest,invest!