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Sunday, December 21, 2014

Smart Success Strategy...Secret Key to Wealth Health and Happiness

Want to be remarkably successful? Want to get really rich? (While there are many ways to feel "rich," in this case we're talking about monetary wealth.) Then check out this little gem of an investment opportunity.

It's a simple investment. You only have to invest almost all of your money. On the upside, after a year you might earn 3 percent more. The downside? Any day you could lose it all, for reasons usually outside your control and that you will almost never see coming.

Would you make that investment? Of course not.

Yet millions of people do — every day they go to work for someone else.

Of course the analogy isn't perfect. Until you're laid off or fired you do earn a salary. But when you work for someone else, your upside is always capped — sure, you might occasionally get a raise, but in most cases 3 to 4 percent is the best you can expect.

Yet your downside is always unlimited because getting fired or laid off can make your income disappear overnight — and with it the considerable investments you've made in time, effort, dedication, and sacrifice.

Extremely limited upside. Unlimited downside.

That's a terrible investment.

Rich in Wealth
So if you hope to get really rich, working for someone else will never get you there. But don't just take my word for it, the government agrees.

The IRS Statistics of Income Division, a place where fun surely goes to die, has published "400 Individual Tax Returns Reporting the Largest Adjusted Gross Incomes Each Year, 1992-2009," or in non government-speak, "400 People Who Earned a Freaking Boatload of Money."

In 2009, it took $77.4 million in adjusted gross income to crack the top 400. (That just barely got you in; the average income of everyone on the list was $202.4 million.)

Where it gets interesting is how the top 400 made their money:

Wages and salaries: 8.6 percent
Interest: 6.6 percent
Dividends: 13 percent
Partnerships and corporations: 19.9 percent
Capital gains: 45.8 percent
A few conclusions are obvious:

Working for a salary won't make you really rich.
Making only safe "income" investments won't make you really rich.
Investing only in stock of large companies won't make you really rich.
Owning a business or businesses could not only build a solid foundation of wealth but could someday...
Generate a huge financial windfall — and make you really rich.
Don't trust the IRS? Fine. Check out the top 10 on the Forbes billionaires list. Gates. Buffett. Ellison. Koch. Walton. Adelson. All entrepreneurs. (I worked my way down into the 200s and still couldn't find an employee, so I got bored and stopped looking.)

Clearly getting really rich in financial terms is the result of investing in yourself and others, of taking risks, of doing hundreds of small things right...and then doing one or two big things really right.

But what if you don't get one or two big things really right? There's another way to get really rich.

Rich in Life
I've spoken to hundreds of entrepreneurs, and each and every one does the same thing. When we talk about the financial side of being an entrepreneur — exit strategies, revenues, IPOs, cashing out — they're interested but far from animated.

But when we talk about the life of an entrepreneur, about how it feels to be an entrepreneur, they all light up. They start to gush about the challenges, the responsibility, the sense of mission, the sense of purpose, the sense of fulfillment and excitement of working with and for a real team, the amazing feelings of empowerment and the control over their own destinies....

It happens every time.

The bootstrappers with infinite dreams and negligible revenues light up.

The successful entrepreneurs such as Joel Gascoigne, who helped expand Buffer from a personal project into a business with a talented team with real revenues, light up.

The hugely successful entrepreneurs such as Scott Dorsey, who helped steer ExactTarget out of a garage, into an IPO, and then into an acquisition by SalesForce.com, light up.

Every entrepreneur lights up when we talk about being an entrepreneur because they feelalive: free to chart their own courses, to make their own decisions, to make their own mistakes — to let the sky be the limit not just financially but also (and almost always more importantly) personally, too.

And in that way, regardless of financial return, they feel really rich. And they are really rich — regardless of income or wealth.

Really, Really Rich
That's why the only way to become really rich financially and really rich personally — in other words really, really rich — is to start your own business. Even if it's just on the side. Even if it's just a slightly stepped-up hobby.

There's no reason not to. You don't have to quit your job right away; in fact, you probably shouldn't. (One of the best ways to minimize your risk is to keep your full-time job while you build your foundation for success.) Plus the basics of starting a business are easy; you can do it in one day.

Here's the deal.
In return for less freedom, less control, and less fulfillment, every day you go to work for someone else your upside is always capped and your downside is always unlimited.

The downside for entrepreneurs is also unlimited — but in return, they enjoy the possibility of an unlimited financial upside and an unlimited personal upside.

Take a chance on yourself. Try to get really, really rich. Maybe you'll only become really rich.

One out of two is still awesome — and you will have achieved it on your terms.

If your friends and family think you were crazy for starting a business, show them this article. If you've been thinking about starting a business and people say you're being foolish, show them this article.

If the people around you don't understand how personally fulfilling taking a chance on yourself can be, have them check this out.

And then get started on your entrepreneurial journey, even in the smallest and safest way. Every step you take will bring you closer to becoming at the very least really rich — and maybe, just maybe, really, really rich — and will let you join a group of people who live their lives their way, on their own terms.

Who are those people?

Entrepreneurs. Be one.

It's the best investment you can make — because it means you're investing in yourself.
www.oocorp.com.ng— the power to build a successful business and brand in an incredibly competitive industry.


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Learn The Universal Laws of Success and Achievement Today!at Brian Tracy Success Mastery Academy which is a proven system for setting goals and objectives to achieve personal success.


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Friday, December 19, 2014

Increase Your productivity Symlify Your Work and Improve Your life

In 1687, Sir Isaac Newton published his groundbreaking book, "Mathematical Principles of Natural Philosophy," which described his three laws of motion.

In the process, Newton laid the foundation for classical mechanics and redefined the way the world looked at physics and science.

What most people don't know, however, is that Newton's three laws of motion can be used as an interesting analogy for increasing your productivity, simplifying your work, and improving your life.

Allow me to present this analogy as Newton's Laws of Productivity.

Newton's First Law of Productivity
First Law of Motion: An object either remains at rest or continues to move at a constant velocity, unless acted upon by an external force. (i.e. Objects in motion tend to stay in motion. Objects at rest tend to stay at rest.)

In many ways procrastination is a fundamental law of the universe. It's Newton's first law applied to productivity. Objects at rest tend to stay at rest.

The good news? It works the other way too. Objects in motion tend to stay in motion. When it comes to being productive, this means one thing: the most important thing is to find a way to get started. Once you get started, it is much easier to stay in motion.


How To Build A New Habit
So, what's the best way to get started when you are stuck procrastinating?

In my experience, the best rule of thumb for getting started is the 2-Minute Rule.

Here's the 2-Minute Rule adjusted for productivity: To overcome procrastination, find a way to start your task in less than two minutes.

Notice that you don't have to finish your task. In fact, you don't even have to work on the primary task. However, thanks to Newton's first law, you'll often find that once you start this little 2-minute task, it is much easier to keep moving.

Here are some examples…

Right now, you may not feel like going for a run. But if you put your running shoes on and fill up your water bottle that small start might be enough to get you out the door.
Right now, you might be staring at a blank screen and struggling to write your report. But if you write random sentences for just two minutes, then you may find that useful sentences start to roll off your fingers.
Right now, you might have a creative block and be struggling to draw something. But if you draw a random line on a sheet of paper and turn it into a dog, then you might get your creative juices flowing.
Motivation often comes after starting. Find a way to start small. Objects in motion tend to stay in motion.

Newton's Second Law of Productivity
Second Law of Motion: F=ma. The vector sum of the forces on an object is equal to the mass of that object multiplied by the acceleration vector of the object. (i.e. Force equals mass times acceleration.)

Let's break down this equation, F=ma, and how it can apply to productivity.

There is one important thing to note in this equation. The force, F, is a vector. Vectors involve both magnitude (how much work you are putting in) and direction (where that work is focused). In other words, if you want to get an object accelerating in a particular direction, then the size of the force you apply and the direction of that force will both make a difference.

Guess what? It's the same story for getting things done in your life.

If you want to be productive, it's not merely about how hard you work (magnitude), it's also about where that work is applied (direction). This is true of big life decisions and small daily decisions.

For example, you could apply the same skill set in different directions and get very different results.



Note: the idea for this image came from artwork created by my friend, Oliver Emberton, in his wonderful post titled, "Life is a game. This is your strategy guide." Thanks Oliver!

To put it simply, you only have a certain amount of force to provide to your work and where you place that force is just as important as how hard you work.

Newton's Third Law of Productivity
Third Law of Motion: When one body exerts a force on a second body, the second body simultaneously exerts a force equal in magnitude and opposite in direction on the first body. (i.e. Equal and opposite forces.)

We all have an average speed that we tend to perform at in life. Your typical levels of productivity and efficiency are often a balance of the productive and unproductive forces in your life — a lot like Newton's equal and opposite forces.

There are productive forces in our lives like focus, positivity, and motivation. There are also unproductive forces like stress, lack of sleep, and trying to juggle too many tasks at once.



If we want to become more effective and more productive, then we have two choices.

The first option is to add more productive force. This is the "power through it" option. We gut it out, drink another cup of coffee, and work harder. This is why people take drugs that help them focus or watch a motivational video to pump themselves up. It's all an effort to increase your productive force and overpower the unproductive forces we face.



Obviously, you can only do this for so long before you burn out, but for a brief moment the "power through it" strategy can work well.

The second option is to eliminate the opposing forces. Simplify your life, learn how to say no, change your environment, reduce the number of responsibilities that you take on, and otherwise eliminate the forces that are holding you back.



If you reduce the unproductive forces in your life, your productivity will glide forward naturally. It's like you magically remove the hand that has been holding you back. (As I like to say, if you eliminated all of the things distracting you from being productive, you wouldn't need tips on how to become more productive.)

Most people try to power through and hammer their way past the barriers. The problem with this strategy is that you're still dealing with the other force. I find it to be much less stressful to cut out the opposing forces and let your productivity naturally flow forward.

Newton's Laws of Productivity
Newton's laws of motion reveal insights that tell you pretty much everything you need to know about how to be productive.

Objects in motion tend to stay in motion. Find a way to get started in less than 2 minutes.
It's not just about working hard, it's also about working on the right things. You have a limited amount of force and where you apply it matters.
Your productivity is a balance of opposing forces. If you want to be more productive, you can either power through the barriers or remove the opposing forces. The second option seems to be less stressful.
James Clear writes a weekly newsletter about the science of habit formation and how to use behavioral science to improve your health, creativity, and productivity.

Sources

Psychology studies have also revealed that it is easier for us to stay in motion once we have started. Actually, what the studies show is that our human brains have a strong urge to finish tasks that we start. We don’t like leaving things unfinished or partially done. This is a widely research phenomenon known as the Ziegarnik Effect, named after the Soviet psychologist Bluma Zeigarnik.

Also see  How to get more done in less time! Eat That Frog! 21 Great Ways to Stop Procrastinating and Get More Done. Learn to get more done faster.