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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!

(1) (Reply)

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