September 2, 2017

Items in italics are direct quotes from the articles below

https://www.inc.com/peter-kozodoy/the-1-mental-exercise-you-must-do-to-achieve-your-.html

There’s a funny truth in the business world: hard work does not equate to success. If you’ve believed in this supposed connection for any length of time, you may find it unbelievable that there is in fact no direct cause-and-effect relationship between those two things. So, if you can’t draw a straight line between working hard and achieving your goals, then what else is there? To help answer this conundrum, I turned to my consulting coach, J.V. Crum III — an author, keynote speaker, and serial entrepreneur who made his millions by the ripe old age of 25. Now, he shows other business coaches and consultants how to go from six to seven figures and beyond in their businesses, and teaches high net worth business founders how to move from making a tiny ripple to making a tidal wave of impact with both their passions and their profits. When I asked him about how to systematically set goals and rapidly achieve them, he told me the one reason why most people never come close to achieving their biggest goals. He pointed to his head, and said, “anything you achieve in life, you have to achieve it in here, first.” In his book, Conscious Millionaire: Grow Your Business by Making a Difference, he goes in-depth on what he calls “Conscious Millionaire Visualization,” which is a high-level form of goal visualization. It not only empowers you past the point of most visualization approaches, but it also gives you permission to live at your highest potential. Visualization is powerful technique in the sports realm, but Crum argues it’s essential to achieving your financial goals. It’s important to put yourself into the mental state of success vs. simply wanting to be in that state. Those that are successful already feel like they’ve achieved it. Your mindset, as I’ve personally learned, is everything. What I’ve also learned is that the power of visualization does not come through voodoo or magical energy (though I’m willing to be debated on either). Instead, I have found that visualization works, in part, because we tend to make different micro-decisions based on our state of mind. In other words, we make tiny, seemingly insignificant variations in our daily habits that, over time, add up to wildly divergent outcomes. The author suggests that you close your eyes and envision achieving everything you’ve ever wanted and more. Can you imagine what this moment would be like, and while in this state, can you see yourself taking these steps, and when you open your eyes make a conscious decision to stay in that state.  Our words have power. What you think and say to yourself can create a reality in your mind. Constantly push your limits whether its financially, physically or mentally. Be the greatest version of you there is to make a difference in the world around you.

 

http://www.businessinsider.com/how-stop-feeling-exhausted-work-every-day-2017-8

Brad Stulberg, coauthor of “Peak Performance: Elevate your Game, Avoid Burnout and Thrive with the New Science of Success” shares how you can stop feeling exhausted after work every day. Following is a transcript of the video. Sleep is just so important so I’d start there, that to me is the lowest-hanging fruit. If you’re not getting between seven to nine hours of sleep, I’d really make that a priority.  Second to sleep, I think that particularly if the work that you do involves your mind, not your body, exercise is a wonderful tool. It allows you to get in touch with a more physical sense of yourself, which I think, in it of itself, is very powerful but there is also lots of research that shows that exercise helps with a lot of the things that are driving people crazy about work. So things like anxiety, things like willpower, those can all be boosted by regular exercise. Another thing that is very interesting to me is this notion of “social ties” and what I call “social recovery”. So just hanging out with a group of people that you enjoy spending time with, not necessarily talking about work and things that are stressing you out, that defeats the purpose, but hanging out, having a good time has actually been shown to change our biochemistry and give us those same hormones that again promote growth and promote recovery. Honoring the principle of rest in any form will allow your body to not just heal but to perform at a high level. If you imagine your body like a rubber band, the more you stretch it, the more elastic it will become. New limits will be put in place, but remember to rest, and surround yourself with others who can strengthen you too. Don’t do life alone, because we’re better together.

If you are interested in creating a budget, then contact me for a financial checkup in the contact me section. Also, learn more about the self-lending principle in the mustard seed section.

This week, I’ve included THE HERO IN YOU – BEST Motivational video for Success 2017 from the Mulligan Brothers YouTube channel.

“If you think you know it all, you’re a fool for sure; real survivors learn wisdom from others.”

Proverbs 28:26 MSG

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October 5, 2016

http://www.cnbc.com/2016/09/28/marcus-lemonis-highlights-a-distribution-mistake-that-can-cost-you-a-lot-of-money.html

Before you hire an outside party to distribute your product, think twice — they might be unnecessarily costing your business an arm and a leg. That’s the lesson Max Kater, CEO of Murchison-Hume, learned on this week’s episode of CNBC’s “The Profit.” Over the past few years, Kater had been using a convoluted process to get her fleet of upscale, nontoxic cleaning products — ranging from glass cleaners to dish soaps — from the factory floor to consumers’ hands. The business had been creating the product in Skokie, Illinois and then sending the product to a third-party logistics center in Dallas, Texas. This distance was costing the business an extra 50 cents per unit. Even though this amount seems insignificant; in the wholesale business it will add up. “Murchison-Hume, like any wholesaler, sells to retailers at twice its cost, meaning that the 50 cents turns into $1 by the time it gets to the retailer,” Lemonis explained. The retailer then marks up the product, so that $1 becomes $2 in the eyes of a customer. As a result, the price of Murchison-Hume’s product becomes $9. A price that will cause customers to pass on the product. To solve the problem, Lemonis suggested Kater work with a partner that manufactures, packages and distributes products all under one roof, streamlining the process and saving Kater an extra 50 cents on the cost of goods sold. This change creates a 22% savings to the customer which means a more affordable product. It’s important in business to not just price your product, but to properly price your product. It’s important to understand logistics and figure out how to improve processes. Ultimately it’s about how to properly manage working capital and more importantly manage human capital.

http://www.inc.com/damon-brown/how-to-stop-burnout-with-one-simple-rule.html

There’s a reason we are comfortable sacrificing it all to make our businesses a reality: We assume we’ll get a break tomorrow. To paraphrase Orphan Annie, tomorrow is always a day away–but meanwhile we could end up being useless to the very people we say we are sacrificing everything for. Consultant Alan Weiss calls this the Oxygen Mask Principle. If you’re in an emergency situation on an airplane, you are told to put your oxygen mask on first before assisting a less competent companion. He breaks it down in his podcast, The Way I See It:

You can’t help the client or your family, you can’t do pro bono work, you can’t help others in the profession, you can’t help anyone unless you yourself are comfortable. You need a healthy selfishness.

Rest is extremely important. If the human body was intended to work 24-7, then you wouldn’t see people with health issues or in some cases, die from exhaustion. Personally, I’ve taken on the habit of engaging in work 6 days a week, but I also take one day of rest. Rest for me may be going to church, sleeping, or doing some form of relaxing. I encourage you to make sure that you take the time to rest so that you can recharge and be more effective. Mr. Brown’s tactics to putting on his Oxygen Mask is to build in minimum viable days, create blank spaces in his schedule, and say “no” early and
often. Honoring the principle of rest will allow you to enjoy life more, and you’ll find that you’re still productive even with the rest.


If you’re in need of a financial checkup you can reach me in the contact me section.

For this week, I’ve included The Profit Principles with Marcus Lemonis from CNBC Prime YouTube channel.

“If you think you know it all, you’re a fool for sure; real survivors learn wisdom from others.” Proverbs
28:26
MSG‬‬‬‬