- •I. What is important for you to succeed in business? Make sentences usine the following word combinations.
- •II. What do you need to feel proud of yourself and your business?
- •III. A) Read the text and find the phrases with the same meaning in it:
- •Text 1. Some tips on how to succeed in Home Based Business
- •I. Match the pictures to the types of independence and their descriptions:
- •II. Choose the most important types of independence for you and your business:
- •III. A) Read the text and find the English equivalents for the following Russian words and phrases in it:
- •Text 2. 10 Tips - Financial Independence/ the Good Life
- •1. Keep your life as simple as possible.
- •2. Learning what is most valuable. What brings happiness?
- •3. Buying a home.
- •4. Buying a car.
- •5. Vacation home.
- •6. Monthly Services - cell phones, cable tv, internet access, lawn service.
- •7. Debt.
- •8. Save, save, save.
- •9. Job downshifting / Fun upshifting.
- •10. How to Avoid the Complications of Divorce
- •III. А) Read the text and complete the title: Text 3. How to become a …
- •I. What traits of character should a person possess to be a successful businessman/ woman?
- •II. What traits of your character will help you to run your own business? Character sketch (Positive features)
- •Negative features
- •V. Read the text below and explain the meaning of words in bold as in the example:
- •Text 4. Read my lips
- •Text 4. Bill Gates
- •III. Could you explain the meaning of the words in bold in the text above:
- •I. Look at the business cards and ask and answer the questions about them. Work in pairs.
- •II. Study the words in bold type in these sentences.
- •III. Complete these sentences about yourself.
- •IV. Complete this dialogue. Use a, an, for, and in.
- •IV. Which description suits the profile of a business man/ woman?
- •V. Are you able to run your own business? Read the third profile and then make a plan (see the part “Profiles”, task I) and make up your profile. Use the points below.
- •V. Test “Your image”.
Text 2. 10 Tips - Financial Independence/ the Good Life
by Mark Gallagher
Note: I am not a financial planner. I am sharing some ideas based on my experience.
1. Keep your life as simple as possible.
How do you do that? Take a lot of time on the big decisions - who you marry, buying a house, and where you work. The biggest obstacles to the good life are complications from divorce, a house you can't sell or a job you hate. The 1st decision in your life is who you marry.
2. Learning what is most valuable. What brings happiness?
Most people don't learn this one until they are 65 years old. If you figure this out when you are 30, the good life is guaranteed.
Ok, this is it - the most valuable and enjoyable things in life are your health, time with family and friends, and a job that you enjoy. Buying expensive things brings less and less satisfaction. Buying an expensive car, vacation home, or latest large-screen TV will bring fleeting moments of happiness. Skip the expensive stuff when you are young, build your savings, and later in life you will have the financial freedom to spend time with your friends and family and a job you enjoy. Related point - keep your life and your possessions in balance. Here is how you do it ...
Every time you acquire something new, take the time to give something away. Buy a new car, think about selling your old car (at a below market price) to a relative or neighbor that needs a good used car at a low price. Buy a new TV or computer; give your old one away for free through web sites like freecycle.
3. Buying a home.
One of your biggest decisions. Take a lot of time. Never rush.
Rent and save money until you can afford a nice, new construction home in a new and growing neighborhood. Sell this house in 5 years and buy a home in the best neighborhood you can afford and stay in this house for many years. Take a lot of time. Look at a lot of houses and when you narrow it down to one house, walk around the neighborhood on a Saturday morning before you make any decision.
4. Buying a car.
Buy a new Honda Accord or Toyota Camry, take care of it, and own it for 8 years. Then sell it and buy a new one. Never lease a car. If you need a second car, buy a new Honda Civic or Toyota Corolla and keep it for 10 years and then buy a new one.
5. Vacation home.
Never buy a vacation home, but spend money on nice vacations each year. Never buy a time-share of any kind (зд: таймшер – право использовать объект недвижимости в течение определённого срока, обычно в течение нескольких дней в году).
Related point - hobbies and sports - take an interest in the low-cost hobbies.
Examples:
Low-Cost Hobbies / Sports - Tennis - Collecting old stereo equipment – Hiking - Biking |
Expensive Hobbies / Sports - Golf – Skiing - Sports Cars - Latest Electronic Gadgets |
6. Monthly Services - cell phones, cable tv, internet access, lawn service.
Never, I repeat never, buy anything from a phone solicitation, someone that knocks at your door, a TV infomercial or a street salesman when on vacation. Be careful buying anything with a monthly service fee. Sweat the details to keep these costs as low as possible. Never sign long term contracts.