May 2017

Submitted by Lorwai TAN PhD on Sun, 11/21/2010 – 18:21

Your Money and Your Mindset 11-15-2010 – This week’s episode:How to Stay Motivated on Your Wealth Creation Journey?

Wealth Creation Journey: 10 Tips to Staying Motivated and Focused

Motivation is like a shower, you need one everyday-Zig Zaglar

Firstly it would be unrealistic to feel pumped all the time, so don’t be hard on yourself if you have the odd day when you feel really flat. Here are 10 suggestions to get you to re focus. Go get‘em!

  1. Remind yourself again what it is that you are striving to achieve
  • Is it a physical fitness goal of wanting to run a personal best in the Boston marathon or being financially independent in 5 years
    • Either way, are your goals written down for you to review and read as often as it is necessary
  1. Portion control
  • You can eat an entire elephant by yourself if it is only one bite at a time. So chunk it down to manageable portions that are achievable in days and weeks rather than months and years!
  1. Do a stock take of where you were 3, 6 and 12 months ago relative to where you are now
  • Celebrate your wins, no matter how small. It’s a win, don’t get too precious about it
    • Keep a journal and record your progress. You will be surprised at how far you have come
  1. Practice mental rehearsal of having reached your goal
  • Make it as real as possible by imagining what you are wearing, who is with you, whereabouts is this taking place, does it have a particular smell. Above all, tap into the feeling of having aced the goal and remind yourself of that winning feeling by clicking your finger 3 times in succession.
    • Do this daily even when you don’t feel like it, especially when you don’t feel like it

Watch the 15 minute show preview:

  1. What are you eating, when do you exercise
  • Remember the old computer programming term GIGO (garbage in garbage out). If you are fueling your body with junk food, you will not have the energy and stamina to get to your goals. This is a non negotiable fact of getting where you want to go and what you want from life
    • Yes, your body is a temple. Worship it with fresh food, vegetables, and lots of water. Ditch the refined carbs and trans fats, they clog your arteries and reduces blood and oxygen flow to your brain. Lord knows you need all your neurons to fire if you want to be able to think clearly.
    • Physical fitness is not an option. Again it is one of those things you just do to stay alert and healthy to be able to enjoy your successes when they come. Being in an iron lung and a millionaire is kind of bittersweet
  1. Oh brother where art thou; who do you hanging out with
  • Are these people supportive or do they make it a sport of taking potshots at your dreams and goals; if they are in the latter category, say bye-bye and leave them to wallow in their own pity party
    • Create a mastermind support group. These are people on the same wavelength who will not ridicule your goals, dreams and aspirations but instead cheer you on. You can learn from them and vice versa
    • If this type of support is thin on the ground, consider hiring a business/life/fitness coach to keep you accountable. Yes, it costs money so think of it as an investment in yourself. “You’re worth it” as the Revlon ad goes.
  1. What are you reading, watching on television
  • I am a big fan of reading motivational books by Jim Rohn, T Harv Eker, Bob Proctor and the cool thing is that there are lots of free mp3 downloads you can listen to in your car or as I like to call it “your university on wheels”.
    • Stop watching the news. If it is really important, somebody will tell you. Notice how television only reports bad news; that is because bad news sells.
  1. When do you stay still-meditate daily
  • This is about staying healthy on the inside
    • Often the solutions to business problems or obstacles at work are found when we shut up and stay still long enough for our sub conscious to present us with an answer.
    • Don’t be skeptical if you haven’t tried it for at least a month
  1. When did you last do a budget and track your expenditure and earnings
  • It is vital not to shy away from tracking your finances. How then will you know that you have made progress in putting aside money for investments and passive income building? Answer me that?
  1. Get in sync with your internal clock
  • If you are a night owl and your best ideas come to mind after 10pm, ask yourself why are you flogging your body to be up at 5am to be inspired and creative on your projects. It does not make sense, so stop it!

Watch the entire 60 minute program:

Bouncing Back Now Guest-Bill Gladwell 12-01-2010 – As the special guest on the Bouncing Back Now show on the Real Coaching Radio TV Network, Mr. Bill Gladwell intrigued viewers as a famous hypnotist, entrepreneur, entertainer, dating mentor, and author. His new book is entitled: “In the House of Ideas.” Bill captivated listeners with his interesting perspectives on relationships and shared his motto: Helping you make changes that will set in motion a new life.

The Takeaway Message

How to Be Authentic in a Relationship? – Gladwell’s key message to men and women alike is “to be authentic, be real, be genuine, and to live an interesting life”. As a dating mentor primarily for men, Gladwell advised that “you first take stock of who you are and who you want to be. You can continually work on yourself in background while you set out to clarify what you are looking for in a love interest. Take the time to write down what you want in a potential mate including: appearance, attitude, communications style, activities, and other important dimensions so that you have a good picture in your mind.”

Gladwell continued: “This picture can then be a frame of reference for when you meet new people to quickly assess whether there is a potential opportunity for a good relationship. Having a prepared list is helpful to deciding at the outset that some people clearly do not meet your criteria; this saves a lot of time and energy. Otherwise, you might just pay attention to those who pay attention to you.”

What to Say on the First Date

Gladwell recommended that: “Everyone can first work on yourself – set a goal – make the changes needed in you. Then go out, have fun, and live your life. While you are busy, you just might encounter a good partner for your next relationship – without looking.”

According to Gladwell, the first date can be fun — or not. “Maintaining a positive attitude – just to meet and enjoy a new person and to see what happens is the best approach – with no pressure. Rely on your intuition for guidance. Among the conversation topics to avoid on a first date are: your ex-spouse, deceased pet, nagging health issues, child custody fights, and troubles at work.”

Gladwell cited good conversation topics on a first date as “your interests in books, music, and movies, your favorite restaurant, hobbies, and sports. And remember to ask them questions and to actually listen to their answers. If their answers don’t align with your questions – run, don’t walk for the door – they could be using a script from a predator dating service.”

Gladwell concluded with sage advice: “Be curious. Have fun and your date might just have fun as well. Then you are well on your way to a potential second date. It could take three dates for you to truly assess whether this is could be the beginning of a new relationship or not; be fair but cautious and withhold your judgment until then.”  For more information: visit Bill’s site

Just Say No to the Status Quo TM
Donna Marie Thompson, PhD – The Bouncing Back Now Relationship Coach – is a Certified Professional Coach, a Certified NLP Practitioner, and a Master Practitioner of the Energy Leadership Index. Donna Marie is listed as one of America’s Premier Experts in relationships and personal development. She is the host of the “Bouncing Back Now” show on BlogTalkRadio and on the Real Coaching Radio TV network. Donna Marie has made numerous appearances on radio and was a featured guest on the Brian Tracy TV show with affiliates on ABC, CBS, and NBC across the country.

Your Money and Your Mindset 11-29-2010 – How to Acquire Leadership Skills? and What has leadership got to do with becoming wealthy?

Answer: Everything

Leadership, or more importantly good leadership underpins your ability to succeed. As a great leader, you are the inspiration, visionary and literally the soul of your business.

It applies equally across the spectrum should you be the CEO of a multi-national corporation or an individual entrepreneur with a red hot idea.

The most reliable way to creating wealth is to build up a business that turns over significant dollars and selling it as a viable concern or have a business model that can be replicated many times over, then licensing these as franchises.

The caveat here is that your business must provide exemplary value for a service and/or product that is second to none, and that the consumer is willing to pay top dollar for what you offer.

Watch the 15 minute show preview:

I use the example of your toothache and your smiling dentist, Dr Fang. If you had a toothache you’d probably ignore it for as long as it is possible. Show me a person who enjoys sitting in the dentist’s chair with a high speed drill on their teeth and I will show you someone who is flat lying.

However, there will come a time when all the pain killer tablets in your bathroom cabinet will not stop the sharp shooting pain that makes you want to grab a hammer and hit your toes with it because that is the only thing that will take your attention away from your toothache. This usually occurs round about 9 PM on a Sunday evening.

At this stage you will not care if you have to take a second mortgage on your house to have your toothache dealt with. Dr Fang is more than happy to oblige, fixes your toothache and makes the pain go away (for a fee).

Dr Fang knows that toothaches do not occur between the hours of 9-5 on weekdays only. In fact, he/she has noticed that if their dental surgery was open 24 hours a day 7 days a week, there would not be a shortage of patients in their waiting room. Because Dr Fang cannot be at more than one place at a time, they hire other dentists and support staff to replicate their service across town or even the country.

Their secret weapon is that they are able to leverage their time. Another equally important component is that they aim for staff members to have the same passion and work ethic.

If you are a heart centered businessperson, not only will you be looking at a bottom line of increased profits or revenue, but as importantly, that increased productivity has not come at the expense of your employees’ well being. Put yourself in Dr Fang’s shoes and ask yourself, how do I get my staff to share my big picture goals and visions for my business?

Here’s where effective, strong and good leadership becomes vital to a business not only surviving but thriving, GFC or no GFC.

Just reiterating, as a great leader, you are the inspiration, visionary and literally the soul of your business. Essentially, leadership is firstly knowing yourself (and being wholly comfortable and accepting of who you are).

Secondly having a clear vision of what your (business) goals are.

Thirdly, it is being able to clearly communicate this vision to your staff and getting total buy in from them. They have to do this voluntarily or else it will not work (think Captain Bligh and the mutiny on the HMS Bounty).

This includes building trust, getting your workers to function as a cohesive unit and motivating them to perform at their highest level, and to do so on a consistent basis.

Impossible, you say?

Not if you are an emotionally intelligent leader.

People are not motivated by money as much as feeling that their contribution is worthwhile and publicly acknowledged.

More on this in my next post; until then

Yours in health, wealth and happiness