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PESTLE Analysis (Economic (Example KPI,s (Unemployment Rate, Inflation,…
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Financial Capital
Physical Assets (Land , Building , Cash , Bank Balance , Bonds ,Foreign Currency , Stocks , Commodities)
Human Capital
Skills , Experiences , Knowledge , Expertise
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- Human capital is important for generating financial capital
- If Financial Capital is gone it can be recreated through human capital.
- One should generate financial capital and keep reinvesting a portion of his
financial capital to build human capital.- Both are necessary for survival in a tough economy.
- But most people ignore the human capital and don,t know that in an economic crunch it is
a more important asset to build and to survive.- We also need to understand how to convert our human capital into financial capital.
- The Best way to protect your belief is to practice it.
- The earlier you start to invest in the human capital the better it will be.
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Tips
1 - Always look for long term value rather then short term payback.
2 - Look for Multiple payback .
3 - Buy on value not the price.