Q & A: How do you retire with an extra million dollars?

Q: “You did a money management session today at Georgia State University…do you have any books you would recommend to[young people] for money management and investing? Lastly, what was the calculation that you did to figure out the millionaire question, in case I wanted to retire earlier? Thank you.”

Duncan Nugget #27: Flexibility

Learn to be more flexible and adaptable under stress and pressure. The more you can be flexible and adapt to the situation the more power you will have in the situation. According to the Harvard Business School adaptability rates as one valuable skills a leader can have.

Denkyem – the ‘crocodile’ represents adaptability

Al Duncan Awarded The President’s Call To Service Award.

ATLANTA, GA – August 11, 2008 – The Butler Street YMCA honored renowned youth advocate, Al Duncan, for his dedication to serving young people. Butler Street presented Mr. Duncan with the President’s Call to Service Award, which is only awarded to people with over 4,000 hours volunteer service.

Since 2005, Mr. Duncan—a well-known youth advocate, author, and soft skills trainer—has served as the steering committee chair of the Butler Street YMCA Young Achievers Program. Along with program director, Kathleen Johnson, under Mr. Duncan’s leadership the program has tripled in size to now serving over 100 students. In addition to chairing the steering committee, Al Duncan also authored the program’s 22-week soft skills curriculum. All of his service has been volunteer work.

For more information on the Butler Street YMCA and the Young Achievers Program please visit http://butlerstreetymca.org/

Duncan Nugget #25: Dollars and Sense

This is how most people think: I’ll trade some time for some dollars. Every time I do a task, project, or something similar I get paid for it.

This is how entrepreneurial minded people think: How can I do something once and keep getting paid for it even if I NEVER do it again?

That’s called residual income. Residual income, doing something once but getting paid for it over and over, is one of the secrets of financial freedom.

Examples: royalties from writing a book, making a film, recording an audio program or song, or building an ecommerce website.

Identity Theft Tip 2

Have you ever purchased something online? Here’s tip to make sure that when you’re buying a product online nobody’s stealing your identity.

When shopping on line check to make sure that the page is secure before giving out your personal info. Look for https (instead of http) at the beginning of the URL in the address bar.

Duncan Nugget #28: Networking

One of the most powerful questions you can ask a person when networking is- What would make a person/company an ideal client/customer for you?

Suggested Reading:
Million-Dollar Networking Questions

Al Duncan Testimonial – Vernon Career Solutions – Annual Youth Day Conference

Mr. Duncan, thank you so much for coming to speak to us at Youth Day! Not only were our young people inspired, but so were the staff members in attendance. You spoke to the youth on their level and it meant a lot to them. They were impressed by your caring and fun-loving attitude towards them. I appreciate your words of encouragement and kindness. You are the best and most well received motivational speaker we’ve ever had. The youth expressed how much they enjoyed hearing you speak (and sing!) Again, thank you!”

Shaunda Guidroz, Youth Prgrm Coordinator
Vernon Career Solutions, Inc.