“Remember the two benefits of failure. First, if you do fail, you learn what doesn't work; and second, the failure gives you the opportunity to try a new approach.” - Roger Von Oech
Saturday, 6 September 2014
What is the Cost of Mining Gold?
We’ve analyzed the Top 50 Gold Mines to find the cost per ounce of gold by continent. The top 50 gold mines alone contain more than 33.5% of the world’s gold ounces.
Source: http://www.visualcapitalist.com/
7 Habits of People With Remarkable Mental Toughness
You don't have to be born mentally tough. Here's how you can develop the vital trait
First, the definition:
"The ability to work hard and respond resiliently to failure and adversity; the inner quality that enables individuals to work hard and stick to their long-term passions and goals."
Now the word:
Grit.
The definition of grit almost perfectly describes qualities every successful person possesses, because mental toughness builds the foundations for long-term success.
For example, successful people are great at delaying gratification. Successful people are great at withstanding temptation. Successful people are great at overcoming fear in order to do what they need to do. (Of course, that doesn't mean they aren't scared--that does mean they're brave. Big difference.) Successful people don't just prioritize. They consistently keep doing what they have decided is most important.
All those qualities require mental strength and toughness--so it's no coincidence those are some of the qualities of remarkably successful people.
Here are ways you can become mentally stronger--and as a result more successful:
2. Put aside things you have no ability to impact.
Mental strength is like muscle strength--no one has an unlimited supply. So why waste your power on things you can't control?
For some people, it's politics. For others, it's family. For others, it's global warming. Whatever it is, you care, and you want others to care.
Fine. Do what you can do: Vote. Lend a listening ear. Recycle, and reduce your carbon footprint. Do what you can do. Be your own change--but don't try to make everyone else change.
(They won't.)
3. See the past as valuable training and nothing more.
The past is valuable. Learn from your mistakes. Learn from the mistakes of others.
Then let it go.
Easier said than done? It depends on your perspective. When something bad happens to you, see it as an opportunity to learn something you didn't know. When another person makes a mistake, don't just learn from it--see it as an opportunity to be kind, forgiving, and understanding.
The past is just training; it doesn't define you. Think about what went wrong but only in terms of how you will make sure that next time, you and the people around you will know how to make sure it goes right.
4. Celebrate the success of others.
Many people--I guarantee you know at least a few--see success as a zero-sum game: There's only so much to go around. When someone else shines, they think that diminishes the light from their stars.
Resentment sucks up a massive amount of mental energy--energy better applied elsewhere.
When a friend does something awesome, that doesn't preclude you from doing something awesome. In fact, where success is concerned, birds of a feather tend to flock together--so draw your successful friends even closer.
Don't resent awesomeness. Create and celebrate awesomeness, wherever you find it, and in time you'll find even more of it in yourself.
5. Never allow yourself to whine. (Or complain. Or criticize.)
Your words have power, especially over you. Whining about your problems always makes you feel worse, not better.
So if something is wrong, don't waste time complaining. Put that mental energy into making the situation better. (Unless you want to whine about it forever, eventually you'll have to make it better.)
So why waste time? Fix it now. Don't talk about what's wrong. Talk about how you'll make things better, even if that conversation is only with yourself.
And do the same with your friends or colleagues. Don't just serve as a shoulder they can cry on. Friends don't let friends whine; friends help friends make their lives better.
6. Focus only on impressing yourself.
No one likes you for your clothes, your car, your possessions, your title, or your accomplishments. Those are all things. People may like your things--but that doesn't mean they like you.
(Sure, superficially they might seem to like you, but what's superficial is also insubstantial, and a relationship not based on substance is not a real relationship.)
Genuine relationships make you happier, and you'll only form genuine relationships when you stop trying to impress and start trying to just be yourself.
And you'll have a lot more mental energy to spend on the people who really do matter in your life.
7. Count your blessings.
Take a second every night before you turn out the light and, in that moment, quit worrying about what you don't have. Quit worrying about what others have that you don't.
Think about what you do have. You have a lot to be thankful for. Feels pretty good, doesn't it?
Feeling better about yourself is the best way of all to recharge your mental batteries.
First, the definition:
"The ability to work hard and respond resiliently to failure and adversity; the inner quality that enables individuals to work hard and stick to their long-term passions and goals."
Now the word:
Grit.
The definition of grit almost perfectly describes qualities every successful person possesses, because mental toughness builds the foundations for long-term success.
For example, successful people are great at delaying gratification. Successful people are great at withstanding temptation. Successful people are great at overcoming fear in order to do what they need to do. (Of course, that doesn't mean they aren't scared--that does mean they're brave. Big difference.) Successful people don't just prioritize. They consistently keep doing what they have decided is most important.
All those qualities require mental strength and toughness--so it's no coincidence those are some of the qualities of remarkably successful people.
Here are ways you can become mentally stronger--and as a result more successful:
1. Always act as if you are in total control.
There's a quote often credited to Ignatius: "Pray as if God will take care of all; act as if all is up to you." (Cool quote.)
The same premise applies to luck. Many people feel luck has a lot to do with success or failure. If they succeed, luck favored them, and if they fail, luck was against them.
Most successful people do feel good luck played some role in their success. But they don't wait for good luck or worry about bad luck. They act as if success or failure is totally within their control. If they succeed, they caused it. If they fail, they caused it.
By not wasting mental energy worrying about what might happen to you, you can put all your effort into making things happen. (And then, if you get lucky, hey, you're even better off.)
You can't control luck, but you can definitely control you.
There's a quote often credited to Ignatius: "Pray as if God will take care of all; act as if all is up to you." (Cool quote.)
The same premise applies to luck. Many people feel luck has a lot to do with success or failure. If they succeed, luck favored them, and if they fail, luck was against them.
Most successful people do feel good luck played some role in their success. But they don't wait for good luck or worry about bad luck. They act as if success or failure is totally within their control. If they succeed, they caused it. If they fail, they caused it.
By not wasting mental energy worrying about what might happen to you, you can put all your effort into making things happen. (And then, if you get lucky, hey, you're even better off.)
You can't control luck, but you can definitely control you.
2. Put aside things you have no ability to impact.
Mental strength is like muscle strength--no one has an unlimited supply. So why waste your power on things you can't control?
For some people, it's politics. For others, it's family. For others, it's global warming. Whatever it is, you care, and you want others to care.
Fine. Do what you can do: Vote. Lend a listening ear. Recycle, and reduce your carbon footprint. Do what you can do. Be your own change--but don't try to make everyone else change.
(They won't.)
3. See the past as valuable training and nothing more.
The past is valuable. Learn from your mistakes. Learn from the mistakes of others.
Then let it go.
Easier said than done? It depends on your perspective. When something bad happens to you, see it as an opportunity to learn something you didn't know. When another person makes a mistake, don't just learn from it--see it as an opportunity to be kind, forgiving, and understanding.
The past is just training; it doesn't define you. Think about what went wrong but only in terms of how you will make sure that next time, you and the people around you will know how to make sure it goes right.
4. Celebrate the success of others.
Many people--I guarantee you know at least a few--see success as a zero-sum game: There's only so much to go around. When someone else shines, they think that diminishes the light from their stars.
Resentment sucks up a massive amount of mental energy--energy better applied elsewhere.
When a friend does something awesome, that doesn't preclude you from doing something awesome. In fact, where success is concerned, birds of a feather tend to flock together--so draw your successful friends even closer.
Don't resent awesomeness. Create and celebrate awesomeness, wherever you find it, and in time you'll find even more of it in yourself.
5. Never allow yourself to whine. (Or complain. Or criticize.)
Your words have power, especially over you. Whining about your problems always makes you feel worse, not better.
So if something is wrong, don't waste time complaining. Put that mental energy into making the situation better. (Unless you want to whine about it forever, eventually you'll have to make it better.)
So why waste time? Fix it now. Don't talk about what's wrong. Talk about how you'll make things better, even if that conversation is only with yourself.
And do the same with your friends or colleagues. Don't just serve as a shoulder they can cry on. Friends don't let friends whine; friends help friends make their lives better.
6. Focus only on impressing yourself.
No one likes you for your clothes, your car, your possessions, your title, or your accomplishments. Those are all things. People may like your things--but that doesn't mean they like you.
(Sure, superficially they might seem to like you, but what's superficial is also insubstantial, and a relationship not based on substance is not a real relationship.)
Genuine relationships make you happier, and you'll only form genuine relationships when you stop trying to impress and start trying to just be yourself.
And you'll have a lot more mental energy to spend on the people who really do matter in your life.
7. Count your blessings.
Take a second every night before you turn out the light and, in that moment, quit worrying about what you don't have. Quit worrying about what others have that you don't.
Think about what you do have. You have a lot to be thankful for. Feels pretty good, doesn't it?
Feeling better about yourself is the best way of all to recharge your mental batteries.
Source: http://www.inc.com/
Quote for the day
“Speculation is the romance of trade, and casts contempt upon all its sober realities. It renders the stock jobber a magician. And the exchange a region of enchantment .It elevates the merchant into a kind of knight-errant, Or rather a commercial Quixote .The slow but sure gains of snug percentage become despicable in his eyes, no “operation is thought worthy of attention that does not double or treble the investment. No business is worth following that does not promise an immediate fortune” -Washington Irving
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