Monday, 6 April 2015
Quote for the day
“Economists who adhere to rational-expectations models of the world will never admit it, but a lot of what happens in markets is driven by pure stupidity – or, rather, inattention, misinformation about fundamentals, and an exaggerated focus on currently circulating stories.” - Robert J. Shiller
How To Build An Awesome Life You’ve Always Wanted
Everyone wants to live a happy and fulfilling life, but often don’t get to do that because they don’t know how. Many know that it’s important to have goals in life, but don’t understand the steps necessary to achieve those goals. For instance, in order to attain your goals, you must first be happy. If you start out miserable or depressed you’ll only make things harder on yourself.
The infographic below is based on the speech “Why Happiness is the New Productivity,” by Vishen Lakhiani in Calgary. With it you’ll learn how to build an awesome life, but first you must achieve a state of “Flow.” If you’re unfamiliar with the Flow state, you can learn just what this enjoyable mental state is all about in the infographic as well.
The infographic below is based on the speech “Why Happiness is the New Productivity,” by Vishen Lakhiani in Calgary. With it you’ll learn how to build an awesome life, but first you must achieve a state of “Flow.” If you’re unfamiliar with the Flow state, you can learn just what this enjoyable mental state is all about in the infographic as well.
As you’ll see, it’s important to balance your present and future. One cannot tap into their greatness by focusing on building a career. Instead, one must focusing on building a life.
Do you agree with Lakhiani’s theories when it comes to being successful in life and eliminating failure? If so, be sure to share this this hack on building an awesome life you’ve always wanted with your family and friends.
http://www.lifehack.org/
Sunday, 5 April 2015
Quote for the day
“If you care about ego and I don't, then I will always best you in the end, because ego is an impediment to growth and learning and thus to winning. Real strength is not ability to maintain a prideful self-image, but willingness to completely discard that image in pursuit of a higher goal.” - Jack Sparrow
Saturday, 4 April 2015
5 Toxic Beliefs That Make Success Impossible
By Jeff Haden
Success starts with thinking differently from everyone else, because then you can achieve differently from everyone else.
It's hard to think differently and be able to dream new dreams. We'd all like to be visionary thinkers like Bezos, Buffett, and Branson (the Three B's of Bold Thinking) and achieve great things.
But most of us aren't bold visionaries. (I'm definitely not.)
And that's OK, because while you and I might never come up with the next big thing, we can decide to think differently from other people--and in the process, achieve differently from other people.
Here are five things people think that ruin their chances for success... and more importantly how you can think differently:
1."I never get the right opportunities."
Hey, join the (very large) club. No matter how it looks from the outside, no one is given opportunities they don't deserve. Opportunities are earned. (And even if someone else did get an opportunity you feel you deserved, you can't change that fact, so why dwell on it?)
Maybe, years ago, you did have to wait: To be accepted, to be promoted, to be selected... to somehow be "discovered."
Even if that was once, true it's not true anymore. Access to opportunity is nearly unlimited. You can connect with nearly anyone through social media. You can create and sell your own products, develop and distribute your own applications, find your own funding....
You don't need to wait for someone else to give you the opportunity. You can give yourself the opportunity--which, by the way, is what successful people have done for centuries.
The only thing holding you back from seizing an opportunity is you--and your willingness to try.
Don't think about opportunities you need to be given; think about opportunities you need to take.
2. "Someone is always holding me back."
Maybe someone else has ruined opportunities or blocked ideas or taken what was rightfully yours. Maybe suppliers didn't come through. Maybe your partner wasn't committed. Maybe potential customers weren't smart enough to recognize the value you provide.
Doesn't matter. You can't control other people. You can only control yourself.
When you fail, always decide it was your fault. Not only is that a smart way to think, but it's also almost always true as well. While occasionally something completely outside your control will cause you to fail, most of the time it really is you.
And that's OK. Every successful person has failed numerous times. Most have failed a lot more often than you have; that's one reason why they're so successful today.
Embrace every failure. Own it, learn from it, and take full responsibility for making sure that next time you'll do what it takes to make sure things turn out differently.
Never think it's another person's fault; when you do, you're guaranteeing it always will be.
3. "I just don't have enough time."
Sure you do. You have the same amount of time as everyone else. The key is to decide how you will fill your time.
For example, anyone can create a schedule. But most people don't ensure that every task takes only as long as it needs to take. Most people fill a block of time, either given or self-determined, simply because that is the time allotted.
Don't adjust your effort so it fills a time frame. Instead, do everything as quickly and effectively as you can. Then use your "free" time to get other things done...just as quickly and effectively.
Never think about how time controls you--instead, think of how you can best control your time.
When you do, you'll quickly realize you have a lot more time than you think.
4. "Sure, I would do that... if I knew it would be worth it."
Ever heard someone say, "If I knew I would get a raise, then I would be willing to work a lot harder"? Or, "If I knew my start-up would succeed, then I would definitely be willing to put in more hours"? Or, "If I knew there would be a bigger payoff, then I would be willing to sacrifice more"?
Successful employees earn promotions and higher pay by first working harder; in other words, they earn their success. Successful businesses earn higher revenue by delivering greater value first; they earn their success.
Successful people, in all areas of life, earn bigger "payoffs" by working incredibly hard well before any potential return is in sight; they earn their success through effort and sacrifice.
Most people expect to get more before they will ever consider doing more.
To succeed, think of compensation not as the driver or requirement for exceptional effort, but as the deserved reward.
5. "But there's just nothing special about me."
It's easy, and tempting, to assume successful people have some intangible entrepreneurial something--ideas, talent, drive, skills, creativity, etc.--that you simply don't have.
That's rarely true. Talents typically reveal themselves only in hindsight. Success is never assured; it only looks that way after it is achieved.
Sure, other people may have skills you don't have (at least not yet), but you have skills other people don't have. You don't need a gift. You just need yourself--and a willingness to put in a tremendous amount of hard work, effort, and perseverance--because that is where talent comes from.
Never think about what you don't have. Focus on what you do have--and more importantly, what you are willing to do that others are not.
That is your true gift--and it's a gift we've all been given.
You just have to use it.
Success starts with thinking differently from everyone else, because then you can achieve differently from everyone else.
It's hard to think differently and be able to dream new dreams. We'd all like to be visionary thinkers like Bezos, Buffett, and Branson (the Three B's of Bold Thinking) and achieve great things.
But most of us aren't bold visionaries. (I'm definitely not.)
And that's OK, because while you and I might never come up with the next big thing, we can decide to think differently from other people--and in the process, achieve differently from other people.
Here are five things people think that ruin their chances for success... and more importantly how you can think differently:
1."I never get the right opportunities."
Hey, join the (very large) club. No matter how it looks from the outside, no one is given opportunities they don't deserve. Opportunities are earned. (And even if someone else did get an opportunity you feel you deserved, you can't change that fact, so why dwell on it?)
Maybe, years ago, you did have to wait: To be accepted, to be promoted, to be selected... to somehow be "discovered."
Even if that was once, true it's not true anymore. Access to opportunity is nearly unlimited. You can connect with nearly anyone through social media. You can create and sell your own products, develop and distribute your own applications, find your own funding....
You don't need to wait for someone else to give you the opportunity. You can give yourself the opportunity--which, by the way, is what successful people have done for centuries.
The only thing holding you back from seizing an opportunity is you--and your willingness to try.
Don't think about opportunities you need to be given; think about opportunities you need to take.
2. "Someone is always holding me back."
Maybe someone else has ruined opportunities or blocked ideas or taken what was rightfully yours. Maybe suppliers didn't come through. Maybe your partner wasn't committed. Maybe potential customers weren't smart enough to recognize the value you provide.
Doesn't matter. You can't control other people. You can only control yourself.
When you fail, always decide it was your fault. Not only is that a smart way to think, but it's also almost always true as well. While occasionally something completely outside your control will cause you to fail, most of the time it really is you.
And that's OK. Every successful person has failed numerous times. Most have failed a lot more often than you have; that's one reason why they're so successful today.
Embrace every failure. Own it, learn from it, and take full responsibility for making sure that next time you'll do what it takes to make sure things turn out differently.
Never think it's another person's fault; when you do, you're guaranteeing it always will be.
3. "I just don't have enough time."
Sure you do. You have the same amount of time as everyone else. The key is to decide how you will fill your time.
For example, anyone can create a schedule. But most people don't ensure that every task takes only as long as it needs to take. Most people fill a block of time, either given or self-determined, simply because that is the time allotted.
Don't adjust your effort so it fills a time frame. Instead, do everything as quickly and effectively as you can. Then use your "free" time to get other things done...just as quickly and effectively.
Never think about how time controls you--instead, think of how you can best control your time.
When you do, you'll quickly realize you have a lot more time than you think.
4. "Sure, I would do that... if I knew it would be worth it."
Ever heard someone say, "If I knew I would get a raise, then I would be willing to work a lot harder"? Or, "If I knew my start-up would succeed, then I would definitely be willing to put in more hours"? Or, "If I knew there would be a bigger payoff, then I would be willing to sacrifice more"?
Successful employees earn promotions and higher pay by first working harder; in other words, they earn their success. Successful businesses earn higher revenue by delivering greater value first; they earn their success.
Successful people, in all areas of life, earn bigger "payoffs" by working incredibly hard well before any potential return is in sight; they earn their success through effort and sacrifice.
Most people expect to get more before they will ever consider doing more.
To succeed, think of compensation not as the driver or requirement for exceptional effort, but as the deserved reward.
5. "But there's just nothing special about me."
It's easy, and tempting, to assume successful people have some intangible entrepreneurial something--ideas, talent, drive, skills, creativity, etc.--that you simply don't have.
That's rarely true. Talents typically reveal themselves only in hindsight. Success is never assured; it only looks that way after it is achieved.
Sure, other people may have skills you don't have (at least not yet), but you have skills other people don't have. You don't need a gift. You just need yourself--and a willingness to put in a tremendous amount of hard work, effort, and perseverance--because that is where talent comes from.
Never think about what you don't have. Focus on what you do have--and more importantly, what you are willing to do that others are not.
That is your true gift--and it's a gift we've all been given.
You just have to use it.
Quote for the day
“It is much better to learn the lesson that you can lose everything when you don't have that much money than to learn the same lesson later on.” - Mark Minervini
Friday, 3 April 2015
Quote for the day
“Fear is the greatest obstacle to learning. But fear is your best friend. Fear is like fire. If you learn to control it, you let it work for you. If you don't learn to control it, it'll destroy you and everything around you.” - Cus D'Amato
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