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Becoming Rich by businessMODE(m): 6:20pm On Oct 15, 2012 |
The starting point of great success and achievement has always been the same. It is for you to dream big dreams. There is nothing more important, and nothing that works faster than for you to cast off your own limitations and begin dreaming and fantasizing about the wonderful things that you can become, have, and do if you succeed. As a wise man once said, “You must dream big dreams, for only big dreams have the power to move the minds of men.” When you begin to dream big dreams, your levels of self- esteem and self-confidence will go up immediately. You will feel more powerful about yourself and your ability to deal with what happens to you. The reason so many people accomplish so little is because they never allow themselves to lean back and imagine the kind of life that is possible for them. A powerful principle that you can use to dream big dreams and live without limits is contained in what Elihu Goldratt calls the “Theory of Constraints.” This is one of the greatest breakthroughs in modern thinking. What Goldratt has found is that in every process of accomplishing goals, there is a bottleneck or choke cord that serves as a constraint on the process. This constraint then sets the speed at which you achieve any particular goal. What Goldratt found is that if you concentrate all of your creative energies and attention on alleviating the constraint, you can speed up the process faster than by doing any other single thing. If you want to double your income, the first thing you put into consideration is the critical constraint or the limiting factor that holds you back from going ahead. Whatever your field is, all you need to do if you want to double your income is simply to double the quality and quantity of what you do for that income now so that what you would be doing afterwards is worth twice as much. But you must always ask yourself, “What is the critical constraint that holds me back or sets the speed on how fast I double my income?” I know a friend who is one of the highest-paid commission professionals around. One of his goals was to double his income over the next three to five years. He applied the 80/20 rule to his client base. He found that 20 percent of his clients contributed 80 percent of his profits, and that the amount of time spent on a high-profit client was pretty much the same amount of time spent on a low-profit client. In other words, he was dividing his time equally over the number of tasks that he does while only 20 percent of those items contributes 80 percent of his results. So he drew a line on his list of clients under those who represented the top 20 percent and then called in other professionals in his industry and very carefully, politely, and strategically handed off the 80 percent of his clients that only represented 20 percent of his business income. He then put together a profile of his top clients and began looking in the marketplace exclusively for the type of client who fit the profile. In other words, he was on the look for the one who could become a major profit contributor to his organization, and whom he in turn could serve with the level of excellence that his clients were accustomed to. With this strategy, instead of doubling his income in three to five years, he doubled it in the first year! To work on your financial liberation, you need to ask yourself the following questions: What are your constraints? What is holding you back? Is it your level of education or skill? Is it your current occupation or job? Is it your current environment or level of health? Is it the situations that you are in today? What is setting the speed for you achieving your goal? Remember, whatever you have learned, you can unlearn. Whatever situation you have gotten yourself into, you can probably get yourself out of. If your real goal is to dream big dreams and to live without limits, you can set this as your standard and compare everything that you do against it. ****The keys to living without limits have always been the same. They are clarity, competence, and concentration. #1: Clarity Clarity means that you are absolutely clear about who you are, what you want, and where you’re going. You write down your goals and you make plans to accomplish them. You set very careful priorities and you do something every day to move you toward your goals. And the more progress you make toward accomplishing things that are important to you, the greater self- confidence and self-belief you have, and the more convinced you become that there are no limits on what you can achieve. # 2: Competence Competence means that you begin to become very, very good in the key result areas of your chosen field. You apply the 80/20 rule to everything you do and you focus on becoming outstanding in the 20 percent of tasks that contribute to 80 percent of your results. You dedicate yourself to continuous learning. You never stop growing. You realize that excellence is a moving target. And you commit yourself to doing something every day that enables you to become better and better at doing the most important things in your field. # 3: Concentration Concentration is having the self- discipline to force yourself to concentrate single-mindedly on one thing, the most important thing, and stay with it until it’s complete. The two key words for success have always been focus and concentration. Focus is knowing exactly what you want to be, have, and do. Concentration is persevering, without diversion or distraction, in a straight line toward accomplishing the things that can make a real difference in your life.**** When you allow yourself to begin to dream big dreams, creatively abandon the activities that are taking up too much of your time, and focus your inward energies on alleviating your main constraints, you start to feel an incredible sense of power and confidence. As you focus on doing what you love to do and becoming excellent in those few areas that can make a real difference in your life, you begin to think in terms of possibilities rather than impossibilities, and you move ever closer toward the realization of your full potential . Fear of failure has always been a barrier to financial liberation and successful living. This is because most people who so wish to attain success are scared of making mistakes that could result in the new business failing. But one thing is certain, you must take the bull by the horn to be consider extraordinary. Doing what everyone else is doing is been normal and normal people only manage to survive if at all they do. Failure makes you stronger, resilient and more determined. If you want to be successful faster, you need to double your rate of failure. Success lies at the extreme end of failure. Self made millionaires are not gamblers but people who are willing to take calculated risk in the direction of their goals with intention to achieve greater rewards. When you are faced with a decision that is complicated and risky, you first of all ask yourself what is the worse thing that can happen if you go ahead to carry out your proposal then make sure whatever it is, it doesn't happen. Facing the fear in you bring out the giant in you. We all have doubt, but it is all about what you do with it. To achieve your dream of been financially free, start by writing your goals and aspirations, ask why you want to achieve that, build your business, money management and investment skills then get started without hesitation. A second wasted is a penny lost. Are you innovative, creative & got business ideas that can change life but lack the capital to bring to life your dreams then ask & you'll receive in the BusinessMODE I-Activate package that helps young entrepreneur set up their business without much struggle. No connection or collateral needed just your genuine business idea & proposal of business plan covering a span of at least 18months. You will be given a facility which you'll only pay back in installments as interest over a period of 24 months with exception of the first three months which you are expected to establish yourself in the market. If you are an established entrepreneur or private individual with money enough to invest in a new innovation to increase your income base but lack workable ideas, then you are on the right track. Money is an idea and ideas rule the world. You can also take the bold leap to becoming a world class leader with vast business empire across the globe. Keeping money in fixed deposits or buying shares in regular market are no guarantee of you becoming financially free. You can become an Angel investor and let your money do the thinking & working for you. At BusinessMODE, we take care of you funds via our insurance scheme which cover for any lost that may arise as results of unforeseen circumstances brought about by inevitable disasters. As an investor, you have rights to monitoring or participating partially or full time in the business you are investing in depending on terms of contracts. This may also includes the period after the funds injected have been fully recouped. Success is predictable. It is not a matter of luck, accident or being at a particular place at a particular time. It is as predictable as sunrise in the east and set in the west. The only reason you are where you are is the limitations you put on yourself. To benefit from any of our packages, visit our website, call or email us using the following contacts for details. APPLICATION IS FREE. www.businessmode.gnbo.com.ng businessmode.ng@gmail.com +234 (0) 803 2910 381 +234 (0) 809 7704 290 |
Re: Becoming Rich by ogedanny: 6:23pm On Oct 15, 2012 |
nice post! |
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