Archives for November 2016

Good Habits Are Gifts That Keep on Giving

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Once a habit is formed, it’s hard to break. If you forge good habits, those good habits will become harder and harder to break over time.And they will pay dividends your entire life.

Where did you pick up most of your habits in life? I’ll bet you never gave it much thought. Your habits did not just manifest out of thin air. They came from some source. Each source, good or bad, inspired you to adopt certain habits. The habits we adopt in life primarily come through associations we make in life, our education, our experiences and our environment.

Parents, teachers, supervisors, coaches, family, friends, spouses and teammates have the most influence over the habits we forge in life. Because good habits pay dividends throughout your lifetime, they are perhaps the best gift mentors can give to their mentees.. What are some of the best habit gifts mentors can give?

  • The Habit of Reading – Reading opens up your mind. It can take you to exotic places, acquire unique knowledge or help set you on the right path in life. One book can alter someone’s life, so giving books will pay dividends that are hard to put a value on.
  • The Habit of Exercise – Exercise is not jut good for the body, it’s good for the brain. And there are many recent studies which provide evidence that exercise increases your life span. Offer your kids, friends or a work colleague to become your gym partner. In a few months, the gym habit will form and will pay dividends for the rest of their lives.
  • The Habit of Building Rich Relationships – Teaching others relationship-building habits such as making happy birthday calls, life event calls and hello calls helps them to build strong, lifetime relationships. Equally important is teaching others the habit of focusing their relationship-building efforts on the people who will help improve their lives, or Rich Relationships. Rich Relationships are relationships you build with other positive, success-minded people. Because birds of a feather like to flock together, when you forge one relationship with a positive, success-minded individual you tap into their network of positive, success-minded relationships. These Rich Relationships pay dividends throughout your life by opening doors for you. They also help guide you in life in taking action and making decisions that will help improve your life.
  • The Habit of Saving – When you learn the importance of saving early in your life, this habit pays dividends down the road in the form of financial independence. Thanks for modern medicine, individuals can now look forward to living into the eighties and nineties. That one habit gift of saving can therefore pay dividends that last throughout your retirement years.
  • The Habit of Being Frugal – Being frugal is not the same as being cheap. Frugal means spending your money on quality. Quality purchases last for many years and that means you can enjoy that car, furniture or dress for a long time. When you give the habit gift of frugality, you are giving that person a period of extended enjoyment in the purchases they make during their lifetime.

19 Traits of Negative People

tip-o-the-morning

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Negative people have certain character flaws that form the foundation of lives filled with unhappiness, misery and poverty. They hold onto these negative character flaws like they were children, nurturing and protecting them their entire lives.

What are the 19 Traits of Negative People?

  1. Pessimism – Negative people always see the glass as half empty. They focus on the downside to every future decision in life not only for themselves but also for others.
  2. Doubt – Negative people are filled with doubts that hold them back from achieving anything worthwhile in life.
  3. Fear – Negative people are afraid to take risks, fear change, fear people, fear new opportunities, fear marriage, etc.
  4. Constant Worry – Negative people are constantly stressed. They worry about every possible negative outcome.
  5. Gossip – Negative people incessently gossip about others and never in a good way.
  6. Deceit – Negative people are deceitful. They seek to separate you from your money, possessions and relationships.
  7. Uncontrolled Anger – Negative people get angry quickly and often.
  8. Complaining – Negative people complain about everything, everybody and life in general.
  9. Criticism – Negative people are constantly criticizing everything about themselves, the government, the economy, their bosses or supervisors, other workers, their spouse, friends, family, etc.
  10. Envy – Negative people envy what others have. They are not grateful for what they have. They are jealous and bitter about the lives of others.
  11. Condemnation – Negative people condemn, put down and belittle others.
  12. Selfishness – Negative people put themselves first and everyone else last.
  13. Cheap – Because negative people see the world through the lens of scarcity and not abundance, they hold on to their money and possessions. They are not charitable-minded or generous.
  14. Blame – Negative people blame their problems on others. They do not take individual responsibility for their lives. They see themselves as victims.
  15. Unapologetic – Negative people never apologize for any actions that hurt others.
  16. Avoid Criticism – Negative people do not like to be criticized by others. They will go out of their way to avoid seeking feedback.
  17. Know-It-Alls – Negative people are know-in-alls. They come off as conceited and egotistical. They think they are always right.
  18. Lack Compassion – Negative people lack compassion for others.
  19. Avoid Change – Negative people avoid change. They stay within their comfort zones and never grow as individuals.

Most of the poor in my Rich Habits Study were wallowing in negativity. Negative people will drag you down in life. They will waste your valuable time. They infect your thinking like a virus. They are dream destroyers. You need to avoid negative people at all costs if you want to succeed in life. In order to avoid negative people, you must be able to identify their traits.

 

 

 

 

What Outcome Do You Seek?

tip-o-the-morning

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What do you want out of life?

For the 177 self-made millionaires in my Rich Habits Study the answers were always the same: I want to live the life of my dreams.

These unique individuals focused on a vision of the life they desired. For some, it was financial independence. For others, it was freedom from being a wage slave.

Each self-made millionaire had spent time creating a blueprint of the life they desired. They focused on the outcome.

When you focus on the outcomes you desire, the obstacles, pitfalls, and hurdles you must overcome in the pursuit of that outcome, become less arduous.

Having a vision of your ideal life empowers you. It gives you clarity. This allows you to focus on the outcome, rather than means to that outcome. You will climb any mountain, break through any barriers, overcome any obstacles when you are clear on your destination.

Without a clear picture of the ideal life you desire, obstacles become insurmountable. They stop you in your tracks. Without a destination, obstacles become the focal point.

But when you shift your focus to the outcome you desire, those obstacles lose their invincibility. They become just another challenge, another thing to overcome. Focusing on a desired outcome forces you to find alternative paths to help you navigate around those obstacles that stand between you and your destination. When you focus on the outcome, obstacles cease being a stop sign or a dead end and become mere deviations, forcing you to alter your route towards your destination.

Focus on the outcome you desire and you will open up your mind to creative solutions to any problem that stands between you and your destination.

 

 

 

 

 

The Power of Your Network

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According to my research 79% of successful entrepreneurs network five or more hours each month. Networking with others in your industry is critical to gaining the expertise you need to succeed. The ability to be mentored by experienced individuals shortens the learning curve inherent in any new venture, saving you time and money. Being able to pick the brains of those who have already made the costly mistakes and know what to do and what not to do is smart. The more you network with others in your industry, the greater the likelihood you will avoid the pitfalls and traps new entrepreneurs experience.

It is far easier to network today than ever before. Digital networks such as Facebook groups, LinkedIn, Twitter, Google and blog sites offer an efficient and convenient alternative to formal in-person networking groups. Plus many digital networking sites, like Interactive Minds host interactive networking events without the need to travel.

For those who feel uncomfortable schmoozing with others face to face, interactive networking enables you to participate without the discomfort. It’s easy to join these groups no matter what country you live in.

For those who need human interaction, there are many networking groups right within your community that are specific to your industry. Meetup.com makes it easy to find a local group within your area of expertise. You can even create your own Meetup group if you like and invite others to join.

Successful entrepreneurs surround themselves with a network of experts they can tap to help them anticipate or overcome obstacles that are inherent in any entrepreneurial pursuit. If you’re a neophyte entrepreneur, networking will help you survive and thrive. In time, you’ll find two or three individuals within your network who become your informal board of directors, helping guide you along your path towards success.

 

 

 

 

 

 

Time to Rebound

tip-o-the-morning

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Habit formation isn’t easy, especially in the beginning. Those early days of forging good habits are the most difficult. The most important thing is to rebound when you fall off schedule. The rebound is made much easier by baby stepping yourself back into those good habits. Rather than seeking to jump back into your good habit routine, give yourself two or three days to rebound. Two to three days of easing back into your good habit routine makes it less daunting.

Example

You’ve done a great job sticking to your daily self-education reading routine of 30 minutes a day. But a recent holiday disrupts that routine. For a few days, your routine is replaced with preparing for and enjoying the holiday. It was a fun-filled holiday, surrounded by family and friends. No time for reading. But now, family members are disbursing, heading back home. You find it difficult to get back into the groove of your good habit routine. Your mind just isn’t in it. You might even be a little sad, because everyone is leaving. What do you do?

Baby step yourself back into your routine. Instead of 30 minutes of reading, try just 5 minutes. Tomorrow, try 10 minutes. In a few days you’ll be back up to reading 30 minutes each day.

The key to rebounding is to make it as easy as possible. When it’s easy, your brain will not fight you. Once you begin to baby step your way back into your routine, those neurons will begin firing up once again and the brain war will end.

 

 

 

 

 

I’m Possible Not Impossible

tip-o-the-morning

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Dr. Ali Binazir, author of the Tao of Dating, estimates that the odds of you existing are one in four quadrillion. He makes a very impressive, analytical argument in arriving at that number in his piece Are You a Miracle?. It’s a great piece, but to save you time here’s the short of it.

Humans have been around for about 3 million years, or 150,000 generations. The odds of your ancestors surviving those 150,000 generations are staggering. The odds of your parents meeting, staggering. The odds of that one sperm cell meeting that one unique egg cell, at that specific right time, staggering. In short, you are a miracle just by virtue of being alive to read these words.

Yet, so many live their lives downing in impossibility. Rather than embracing the notion that your mere existence is an exclamation point, proving that anything is possible, the average Joe sees impossibility everywhere. They view their lives through the lens of impossibilities, allowing limiting, negative beliefs to anchor them to lives of mediocrity. What a shame.

When you consider the near impossibility of you being alive, it leaves no doubt that you were born lucky. The fact that you exist, means you’re lucky. It also means your very existence is a gift. You have been given a very rare opportunity to exist, which means you have been given the opportunity to make that life meaningful. You are clearly here on earth to do something with that gift.

Knowing you should not even be alive, that your existence defies the laws of probability, means that anything is possible. You can realize those dreams. You can achieve those goals. You can become successful. You can become rich. The life of your dreams is not impossible.

Be grateful for the opportunity life has given you. Stop thinking it’s Impossible and start thinking “I’m Possible”. Go after your dreams. Pursue your goals. Never quit on them. You’re here and, statistically, you shouldn’t be. That means all is possible. 

 

 

 

Stand Out and Escape the Herd

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Like him or not, Donald Trump stood out. His Presidential campaign was successful because he was seen as not part of the herd that had ignored so many Americans – the so-called establishment: Democrats, Republicans, government and the media.

There is risk stepping outside the herd. Herds offer protection. There is power in numbers. But successful people do just that – they step outside the herd. They blaze their own path. And if you want to succeed, you must stand out from the crowd.

Fitting in only allows you to be as successful as the herd. Standing apart from the herd, while risky, offers you unlimited opportunity for success. The ultimate objective in stepping outside the herd is to pull others into your herd.

That’s what successful, wealthy people do best – they create new herds and get others to join in. Eventually, their herds grow large enough to get the attention of others. Not wanted to be left out of the new herd, they jump on board. Think Facebook, Apple, Amazon. These companies separated themselves from the mainstream and formed their own separate herds. Success, and eventually, wealth followed. Now millions have joined their herds, making the founders billionaires.

It takes courage to separate yourself from the crowd. Fear holds most back from leaving the comfort of their herds. But wealth does not come to those who fit in. Wealth, instead, is drawn to those who stand out from the crowd. If success and wealth is something you desire you must stand out and escape the herd.

 

 

 

 

Happiness Chasers

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Martin Seligman is a psychologist at the University of Pennsylvania. In one of his studies on happiness he found that people fall into one of three categories:

  1. Pleasure Seekers – These are individuals who seek happiness on a daily basis. People in this category seek happiness through consumption – buying things or buying experiences. They purchase expensive cars, expensive homes, boats, planes, the latest gadgets, furniture, cloths, etc. They also spend their money on experiences: exotic vacations, cruises, travel to foreign countries, skydiving, Las Vegas to gamble, helicopter skying, amusement parks, zorbing, running with the bulls, etc. They pursue the acquisition of things or experiences that result in immediate gratification. For these individuals, happiness is always elusive. Once the novelty of their purchase wears off or the experience ends, they are back to being unhappy.
  2. Dream Seekers – These are individuals who pursue some dream. They immerse themselves for years in activities that will one day pay dividends in the form of realizing a dream. Those dividends often take the form of more wealth and more freedom to do things they could never afford to do. They find happiness in the pursuit of achieving the goals that eventually lead to the realization of their dreams. Since realizing a dream requires many years, they experience happiness every time they engage in their dream activity. This happiness can last for many years.
  3. Fulfillment Seekers – These individuals pursue activities that bring meaning to their lives. They are focused on adding value to the lives of others. They may or may not be pursuing a dream. They may or may not be interested accumulating wealth. Wealth, to them, is not the goal. Doing what they love, what they are passionate about, is the goal. Fulfillment seekers are the only true happy people. They are happy every day they are able to do what they love.

 

 

 

 

 

Good Words Vs. Bad Words

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The words you use matter. They can empower you or enslave you. Your words seep into your subconscious mind, infecting it, good or bad. The words you use reinforce your beliefs.

Some words are good, reinforcing beliefs that help propel you to success. Some words are bad, reinforcing limiting or negative beliefs which hold you back in life.

Good Words

  • I will
  • I can
  • I won’t
  • I don’t
  • Yes
  • No
  • Absolutely

These words dictate that you have control or have made a definitive choice. You direct your behavior. They are words used by winners.

Bad Words

  • I can’t
  • If
  • Because
  • I should
  • I couldn’t
  • But
  • Since
  • Except for
  • I wish
  • Maybe
  • I might

These words imply that you don’t have control. They are excuse words that imply you are controlled by some force or circumstance outside your control. You are giving up control over your behavior and empowering some outside force when you use these words. These words reinforce the belief that your life, your behavior and your circumstances are not within your control. They are words used by quitters.

 

 

 

 

Why Success is so Sweet

tip-o-the-morning

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The price of success is huge. It requires enormous sacrifices: long hours, financial investment, lost family time, lost friend time, mental frustration, emotional turmoil, hard decisions, forced habit change, deferring many of life’s pleasures, lost relationships, loss of a consistent paycheck, loss of downtime, lost holidays and vacations and many other things.

You must give up so much in the pursuit of success. So, why would anyone pursue success?

Because success is worth the sacrifices. Why success is so sweet:

  • Redemption – Success is a big exclamation point that you were right.
  • Wealth – Success can make you rich beyond your wildest dreams.
  • Freedom – Success buys you freedom. Freedom from wage slavery and freedom to do the things others only dream of.
  • Increased Opportunities – Success is a magnet for new opportunities; opportunities you are able to take advantage of.
  • Foes Become Fans, Adversaries Become Allies – Detractors are proven wrong and change their thinking about you.
  • People Treat You Better – Self interest drives human behavior. People will want to participate in your success and will treat you like a king in order for become part of your success.
  • Your Confidence Skyrockets – Success boosts your confidence; it fills your confidence bucket up all at once.
  • Your Optimism Soars – Success is like steroids for a positive mental outlook. It changes the lens through which you see the world. Everything seems possible when you succeed.
  • Less Fear of Fear – Success increases your courage to take on new opportunities. You no longer fear failure, obstacles and potential pitfalls because you experienced all of those things and still came out on top.
  • Growth – Success changes who you are. Your pursuit of success forces you to grow in many ways. You become more knowledgable and more skilled at what you do. You develop new relationships along the way. You become relevant.
  • You Can Make a Difference – The fruits of success allows you to help improve the lives of your family, friends and those in your community.
  • Revenge – Success is the sweetest revenge. Living a good life is the best revenge.