Introduction Most people grow up believing that the only way to earn money is by working harder, putting in longer hours, or climbing the career ladder. But the truth is simple: time is limited, and relying only on active income keeps you stuck in a cycle where your earnings stop the moment you stop working. The truly wealthy follow a different path. They focus on building assets—systems that continue generating income even on days when they are asleep, traveling, or simply taking a break. These assets work silently in the background, growing, compounding, and multiplying. If you want long-term financial freedom, you must build income sources that don’t depend entirely on your daily effort. Here are the most powerful wealth-building assets that help your money grow 24/7. 1. Stocks That Pay Dividends Dividend-paying stocks are one of the simplest ways to build passive income. When you own them, you don’t have to do anything extra—these companies share a port...
Introduction Delegation refers to the entrusting of responsibility, granting authority, and creating accountability by the manager. It’s a process that brings a sense of responsibility and motivates the people working under the senior. Leaders build champions by delegating tasks to be performed or the results that are to be achieved. Delegation is, therefore, important for the holistic growth of the employees in the company. Following are the seven steps of effective delegation. Seven Steps Of Effective Delegation Step 1: Think and Plan The first step of effective delegation given by Bob Johnson is to think and plan first about what’s there for them in whatever we are delegating before calling the person in and starting the actual process. You need to prepare a plan first regarding the task to be delegated. Thought provoking biography of Micheal Jordan: Step 2: Define the expected results Bob Johnson mentioned that the second step of effective delegation is to define the results that y...