If you ask 100 different people how they created their wealth, I guarantee they all will tell you the same thing. The biggest key to wealth is buying, building, or creating income-producing ASSETS, and all wealthy people have them. When planning the steps to create wealth for yourself and your family, focus on buying, building, or creating ASSETS.
Most people focus on trying to make money and trying to be happier. And while there’s nothing wrong with that, there’s just one teensy problem…
It doesn’t work.
Why not? Because both money and happiness are the RESULTS of other things.
There are a lot of people who value professionalism, but there aren’t as many who practice professionalism. I often get asked, “Phil, what’s your definition of professionalism?” Even though there are many definitions to consider, defining professionalism—for me—must focus on practical application. Here’s my definition.
When it comes to money, we can all learn from our friends the birds.
Most people among us know no way to survive financially other than flapping their wings through working at a job and living paycheck-to-paycheck. These people work hard and spend every penny they earn—and often a bit more—thanks to our culture of credit.
Business meals are an integral part of most jobs. Whether you’re on the road meeting clients or employees from other office locations out for dinner, or you’re networking with people over appetizers at a conference, or you’re simply at a company lunch or grabbing a bite with colleagues, it’s important to make the most of these opportunities for your career…as well as to avoid business meal faux pas that could negatively impact your work relationships.
Your associations are among the most valuable resources you have. Are you part of a Mastermind? If so, is it helping you speed your way to success? Here are a few categories to consider to ensure you find your Mastermind of associations that will support your goals. No matter what kind of Mastermind you are seeking, always remember that trust and confidentiality will be key ingredients for a productive group.
Do you want a successful home-based business?
Having a successful home-based business means you have the FREEDOM to do what you want, when you want…and also have the LIFESTYLE you desire…along with the EXPERIENCE of knowing you’re making great money while making a difference.
Are you spending more time on the Internet and not enough time dreaming or actually “living” your life? Do you shop more and save less? Perhaps you struggle to see the glass as refillable. Bad habits are the easiest to identify because we typically feel guilty either during or after them.
There’s a lot of received wisdom about the hiring process—a litany of “best practices” we’re all supposed to follow.
The thing is, that received wisdom isn’t always so wise. And the best practices? They’re not always very good.
You’ve got to be judicious, and to get the ball rolling, I want to highlight three common hiring myths that I believe do more harm than good.
As any remote worker or entrepreneur knows, working from home can be both a blessing and a curse. On the one hand, your schedule might be more flexible, with opportunities to squeeze in chores or childcare responsibilities in between work commitments. On the other hand, it’s easy to fall into a rut and feel disconnected from the other people in your organization—or, if you’re a solopreneur, to lose the drive and energy necessary to maintain your momentum.
I work with a lot of leaders. One of the things I find consistently is that when key people in the organization leave unexpectedly, this has less to do with the employee’s level of commitment than it does with the leader’s level of commitment—usually in one, two, or all three of the areas you just read.
The United States celebrates its birthday on the 4th of July with fireworks, family, friends, food, and a midsummer holiday. It is important to remember why we celebrate.
The United States of America is a beacon of hope and possibility for people around the world. As a government of the people, by the people, and for the people, we are imperfect because we are people. We make mistakes, we disagree, and we debate, but like any other family, we have always pulled together and united whenever confronted or threatened.
How you say something can be as important or even more important than what you say. Tone, inflection, and verbiage can carry the day or cost you everything. For example, in the midst of heated arguments, an explosive exchange or vindictive response might grab immediate attention, but oftentimes can cost you respect and cooperation you may need to reach your goal.
You may not consider yourself a salesperson, but you’re still selling (whether you want to admit it or not!).
Think about the things you “sell.”
Selling your point of view, your ideas, your choice of where to eat or where to vacation, even what’s for dinner—it’s a sale. A persuasion to gain agreement to your choice, idea, point of view, or action. A sale.
When we think of service, we tend to think of being busy. But that’s only part of the story. Idleness is important too—the kind of leisure we need in order to listen to that inner voice, to let our imaginations really take off.
It is only the commitment from the leader to his or her people that creates accountability in the leader. That’s what creates the desire to be accountable in the team: 100 percent commitment from the top. That’s what inspires people to thrive, grow to be their best, and, in the process, help the organization to grow to be its best. Commitment is what makes the greatest journeys possible.
On the heels of his very popular first book, Empower Yourself: 7 Steps to Personal Success, John Martin has released a new title that is sure to accelerate your timeline to personal and professional success. Increase Your Personal Productivity: Your Guide to Intentional Living & Doing More of What You Enjoy is a wonderfully helpful guide to implementing a personalized goal system—one that is actually sustainable and repeatable. If you’ve been sitting on the sidelines watching others live lives that you deem impossible for yourself, or if you just need some support in your current success journey, Increase Your Personal Productivity will provide you with the tools you need to define and achieve success on your own terms. I recently had the opportunity to chat with John about his latest book, and I learned a lot about his refreshing take on productivity.
When you plan and prepare carefully, you can legitimately expect to have success in your efforts. When you recognize and develop the winning qualities that you were born with, the winner you were born to be emerges. Although not all your expectations are going to come to pass, you give yourself an infinitely better chance of succeeding by taking the proper steps.
Regardless of your goal—losing weight, furthering your education, earning a promotion, saving money for a new home or an exotic vacation—you can expect to achieve your goal if you plan and prepare for it.
Three and a half years ago, my mother took a one-way flight to Heaven. After her departure, I began to think about the lessons she taught me. My mother was probably the quintessential extraordinaire when it came to the art of being polite, personable, and demonstrating the personal touch. Like many parents, she drummed into us the importance of saying “please,” “thank you,” and “you’re welcome,” which was not unusual during the era in which I was raised. In addition, she went overboard with acknowledging people’s birthdays, anniversaries, and special events. When it came to her own children, she sent cards and gifts on other days as well, recognizing Valentine’s Day, Easter, Thanksgiving, Christmas, and any other day that merited attention. God forbid if we did not reciprocate. People who were acquainted with my mother always appreciated her acknowledgment of their special day at even an older age when such notifications were almost null. Now my mother was a bit over the top when it came to such occasions, but I am most appreciative of her persistence about the importance of being polite, personable, and demonstrating the personal touch.
In the annual survey of American’s savings rates, an alarming trend is emerging. Reports show that 60 percent of American households could not cover a $500 car repair from savings. This, reportedly, would force them to increase their credit card balance, borrow from family and friends, not pay one of their other bills, or do without a necessity in their monthly expenses.