Black Book Review Club

HOW TO DEAL WITH CHANGES IN WORK AND LIFE - Who Moved My Cheese - Spencer Johnson

noreply@blogger.com (Dr. Sahib Dino) — Fri, 18 Sep 2020 08:40:00 -0700

HOW TO DEAL WITH CHANGES IN WORK AND LIFE - Who Moved My Cheese - Spencer Johnson

Hey guys!!! I’m Ali and today's Article is on who moved my cheese written by an American physician Dr. Spencer Johnson this legendary book was published in 1998 it's quite a normal book has sold over 28 million copies worldwide translated in over 37 languages and remains as one of the best-selling business books up to this date. Little bit about him she was born in Water-town in South Dakota received Bachelor of Arts degree in psychology from the University of South California and his medical degree. He was then later employed by the Harvard Business School and John F Kennedy School of Government so before proceeding further for those who want to read this book on your own you'll be a spoiler so don't watch this video but if you want to know the gist of this book it's a perfect one for you so this book we'll start off by stating the conclusion of the book to set direction and will continue to list an important point stated in the book so let's get started the books about how we all need to expect adopt and enjoy changes by using the route or characters of sniff and scurry the mice and Hem and Haw.

This Article will help you in the following aspects:

-dealing with change in the workplace

-coping with life changes and transitions

-dealing with change quotes

-coping with change mental health

-dealing with life changes quotes

-how do you deal with change

-coping with change worksheets

-how to deal with change anxiety

Long ago in a large maze, there lived four characters Two of them were rats. their names are sniff and scurry. The remaining two characters were two little men. Whose names are hem and haw! They all may be different in every aspect but they all had one thing in common. They loved "cheese" and also it was very important for them to live and be happy. So, every day they used to wear their running shoes and run in the maze looking for cheese. One day they all arrived at a cheese station C! On reaching there they saw a lot of cheese and were very happy that they finally found it. Sniff and scurry removed their running shoes and tied them around their necks, in case if they might need them again. They used to wake up early every morning and come to the cheese station running.

They always measured the amount of cheese in case they might know if it is getting to end. In the beginning hem and haw also used to run to the cheese station C every morning as they were excited about the tasty cheese. but as time passed, they started getting up late, running a lot slower and reaching there in a relaxed way. they did not know who put the cheese there or where it came from. They felt that it was theirs, as they have found it and believed that they have cheese enough for a life time for both of them. Haw was so happy that he even wrote on the wall That "having cheese makes you happy" But as sniff and scurry measured the cheese regularly, they observed that it was getting decreased every day. So, what happened next is One day when sniff and scurry reached the station. There was no cheese there. All the cheese was over They did not waste time over worrying as they already anticipated it. They tied their shoe laces and ran away in to the maze in search of new cheese. Later that day as Hem and haw reached the station. they were shocked to find the cheese missing.. Hem shouted "what! No cheese?" it's just not fair!! Who took my cheese?" Haw was just standing there in silence in shock, he made many future plans based on the cheese and now there was no cheese.

They searched the cheese less station C hoping that there would be some cheese left. Later Haw said that "hem, maybe we need to go and search for new cheese in the maze" Hem said "No! I am not coming. this is unfair. I want my cheese back. I feel it is hidden somewhere here "Then they started digging the ground in hope of finding the cheese. Haw again wrote on the wall " the more important your cheese is to you, the more you want to hold on to it " But no matter how much they searched they found no cheese. they became more weaker everyday due to hunger and stress. On the other hand, sniff and scurry moved a long way into the maze and one day they found a cheese station named N. It had a lot of cheese, they jumped in delight and started living near station N enjoying the cheese. But hem and haw became hopeless of their situation. Hem said" may be, we should just sit and wait. sooner or later they have to put the cheese back" Many days passed but it did not happen there was no cheese. Haw used to dream about going in to the maze and finding new cheese and deliciously eating it.

One day he told that " ha-ha look at us hem we are doing the same thing every day and expecting things to happen differently, such a foil we are" Then he decided to go into the maze and told that "sometimes, hem, things change and they are never the same again. I think this is one of those times. that is life! Life moves on and so should we!!"After saying this he wrote on the wall "if we do not change ,we become extinct" and went away into the maze searching for cheese. The maze was very confusing and also he faced many difficulties in his path. but he found that it was not as scary as he imagined it to be! Whenever he felt down he motivated himself by thinking " what are my best chances offending the cheese? by sitting idle or by searching? He knew the answer so he wrote on the wall "once you get rid of your fears you feel free" You know what happened next? Haw later reaches a new cheese station and finds few pieces of cheese at the entrance.

There were different kinds of cheese present there that he never knew existed. He ate some of them and filled his pockets with some of them to show to hem. but as he enters the station, he finds it empty with only small pieces of cheese here and there! He feels that "if I might have started searching earlier, I would have found that cheese!!He is now stronger after eating the cheese and goes back to cheese station C to bring Hem with him. He shows hem the types of cheese he brought and offers him to eat. Though Hem was hungry and sad he rejects it by saying I am only habituated to old type of cheese and I don't eat this new cheese. Haw gets frustrated he then writes on the wall" the sooner you get rid of the old cheese, the earlier you find the new cheese" and leaves in search of new cheese!!But this time haw was more confident and happier.

He wrote on the wall " love the adventure and enjoy the change" And then he moves on. One fine day at last he reaches the cheese station N and was shocked instantly at the amount and variety of the cheese that was present there.. he cursed himself for not changing earlier as he had missed this cheese all those days. he finds sniff and scurry there and was delighted to meet them He then eats the cheese until he is full and then he thinks of what made him find this new cheese station N and writes down the summary of all he learned on the biggest wall of cheese station N.

This is what we can learn from this story and change our life’s Before summarizing the moral of the story let me clear one thing " for sniff and scurry the rat’s cheese is just food. but for hem and haw, cheese is not just food. it is many different things, for some it is having material things, for some it is having good health, for some it is good relationships, good career, good business etc.

So, what we learn from the story is

1) Change happens, they keep moving the cheese. Look friend life is always changing it never remains the same Change is not merely necessary to life, but it is life!

2) Anticipate change, get ready for the cheese to move. Changes very rarely occur all of a sudden.so we always have time to adapt. So, observe things around you, and anticipate change before it occurs

3) Adapt to change quickly the sooner you get rid of old cheese, the earlier you find the new cheese.

4) Enjoy the change. Love the adventure and enjoy the taste of new cheese

5) Be ready to change. Quickly and adapt to it again and again Because remember they always keep moving the cheese!!

6) Once you get rid of fear, you feel free! Imagine yourself at the peak of success, enjoying the taste of the delicious cheese. This takes away the fear of taking upon the adventure and failing in it. For this you can use the creative visualization technique.

You had already made a complete video on this technique. I will leave the link for it in the description and feel free to check that video after this. So, guys that's everything about changes that happen in our lives and how we should deal with them!! Only you can help yourself.

Thank you for Reading the Blog. Hope you enjoyed it please subscribe to our Blog and we can't wait to share more books with you.

Who Moved My Cheese Quotes (Quotes About Moving On)

“What would you do if you were not afraid?”

― Spencer Johnson, Who Moved My Cheese

“The quicker you let go of old cheese, the sooner you find new cheese.”

― Spencer Johnson, Who Moved My Cheese

“The More Important Your Cheese Is to You the More You Want to Hold on To It.”

― Spencer Johnson, Who Moved My Cheese

“What you are afraid of is never as bad as what you imagine. The fear you let build up in your mind is worse than the situation that actually exists.”

― Spencer Johnson, Who Moved My Cheese

“Sometimes, Hem, things change and they are never the same again. This looks like one of those times. That's life! Life moves on. And so, should we.”

― Spencer Johnson, Who Moved My Cheese

“He asked himself those some questions too many times and felt the fears again that kept him where he was”

― Spencer Johnson, Who Moved My Cheese

“Being in the uncomfortable zone is much better than staying in the cheese-less situation.”

― Spencer Johnson, Who Moved My Cheese

“He knew sometimes some fear can be good. When you are afraid things are going to get worse if you don't do something, it can prompt you into action. But it is not good when you are afraid that it keeps you from doing anything.”

― Spencer Johnson, Who Moved My Cheese

“It is safer to search in the maze than to remain in a cheese less situation.”

― Spencer Johnson, Who Moved My Cheese

“When you stop being afraid you feel good.”

― Spencer Johnson, Who Moved My Cheese

“Life moves on and so should we.”

― Spencer Johnson, Who Moved My Cheese

“when you move beyond your fears, you feel free.”

― Spencer Johnson, Who Moved My Cheese

“The fear you let build up in your mind is worse than the situation that actually exists.”

― Spencer Johnson, Who Moved My Cheese

“Movement in new direction helps find new cheese.”

― Spencer Johnson, Who Moved My Cheese

“Better late than never.”

― Spencer Johnson, Who Moved My Cheese

“See what you're doing wrong, laugh at it, change and do better.”

― Spencer Johnson, Who Moved My Cheese

“If you do not change, you can become extinct!”

― Spencer Johnson, Who Moved My Cheese

“I guess we resist changing, because we are afraid of change.”

― Spencer Johnson, Who Moved My Cheese

The Alchemist by Paulo Coelho Book Summary

noreply@blogger.com (Dr. Sahib Dino) — Fri, 18 Sep 2020 06:46:00 -0700

The Alchemist is a delightful fable in which a shepherd named Santiago travels from his home in Spain to the Egyptian desert in search of a treasure. During his travels, he meets a gypsy woman, a king, and an alchemist who help him along the way. Nobody knows what the treasure is, but throughout Santiago’s journey he learns to listen to his heart.

SYNOPSIS: A Brief Overview of The Alchemist

Shepherd named Santiago travels from his home in Spain to the Egyptian desert in search of a treasure During his travels. He meets a gypsy woman a king and an alchemist who help him along the way Nobody knows what the treasure is but throughout Santiago's journey he learns to listen to his heart Before I share with you the great lessons I took away from this book be sure to Subscribe to blog and YouTube channel to get updated and connected with me.

LESSON 1: Recognize the Good Things

Recognize the good things. Gerry works a 9 to 5 job for an advertising firm he drags himself out of bed and brushes his teeth Waddles onto the train Begins his Monday checking emails gets yelled at his boss Has some lunch at the canteen gets yelled at again by a client? Spends the last hour staring at the clock and then finally heads home feeling drained Sounds like a dull day, right? Well Gerry failed to see the old man that gave up his seat for him on the train He failed to see the email from his boss thanking him for his efforts And he failed to see the friendly smile that a stranger gave him on his way home When each day is the same as the next it's because people fail to recognize the good things that happen in their lives every day that the sun rises.

LESSON 2: Live in The Present

Live in the Present. If You can concentrate always on the present, you'll be a happy person Life will be a party for you a grand festival because life is a moment. We're living now Think about this your past was the present and the future becomes a present So the present is the only moment in which you can live your life So make the most of it stop mulling over the past and worrying about the future This is not to say that you can't learn from your mistakes in the past or plan for the future But remember to be fully conscious each day.

LESSON 3: Life Is Interesting When You Have A Dream

Life is interesting when you have a dream Maybe Jerry felt each day was dull because he didn't have a dream, He settled for what he had and didn't have a dream to fulfill. Maybe we should all have a dream When I was 13 years old, I had a dream to become the junior world, unicycle Champion. I Practiced almost every day and always had something to look forward to it made life interesting for me I went to my first uni cycling competition on the other side of the country where I entered my first competition made new friends and found a whole new world filled with excitement and opportunity Over a year later. I traveled to New Zealand for the world uni cycling championships and became the Junior world, unicycle Champion. I'm Now 20 years old and I have new dreams. Dreams to run my own online Passion based business so I can serve people from anywhere in the world at any time if you don't know what your dream is Try something new but whatever you do never stop dreaming.

LESSON 4: Everyone Learns Differently

Picture this Jerry and I want to learn to play chess We attend a chess event where we learn [to] play chess within a small group Everyone helps each other out by asking [and] answering questions by the end of it Jerry can play very well But I can't so I get frustrated Why did Jerry pick it up so well and I didn't? Well the answer is because everyone learns differently Jerry has a social and verbal learning style meaning. He likes social settings where he can talk to others who are learning as well. I? On the other hand have a solitary and visual learning style I like a quiet solitary environment where I can learn through visuals such as images and diagrams whether you're learning or teaching remember that everyone learns differently you can take a free online test to find out what you’re learning style is I've left a link in the description below .

LESSON 5: Become Better Than You Are

When we strive to become better than we are everything around us becomes better- Gerry is angry all the time People don't like being around angry people he recognizes this and makes an effort to control his anger as He becomes less and less angry, he finds that people are more friendly toward him His are another example? James is an entrepreneur, and is working on increasing his income from 5k to 10k a month to do this he attends personal development seminars and makes an effort to help more people grow their businesses as A result the people around him see him grow and become inspired by him So naturally these people gravitate towards James and soon. He is surrounded with more customers friends Happy Vibes and a higher income.

LESSON 6: Follow Your Heart

The last lesson that I'm about to share with you is perhaps the core message in the alchemists Follow your heart Wherever your heart. Is there you will find your treasure you will never be able to escape from your heart, so it's better to listen to what it has to say I'll Now leave you with Paul core lows most famous quote from the book. "When you want something, all the universe conspires in helping you to achieve it." - Paulo Coelho

Thank you everyone for Reading, if you enjoyed the summary feel free to leave a comment below I read every comment, and I appreciate you sharing your thoughts.

5 Passive Income Tips from Unshakeable by Tony Robbins

noreply@blogger.com (Dr. Sahib Dino) — Mon, 9 Mar 2020 07:49:00 -0700

5 Passive Income Tips from Unshakeable by Tony Robbins

According to the book, Unshakeable by Tony Robbins, developing your own passive income is an excellent idea if you believe in financial independence. Not only does it give you freedom of time, but it also reduces your stress, anxiety, and fear of the future.

In his book, Tony Robbins illustrates how investing a couple hundred dollars a month is all it takes to become a millionaire. This lifestyle empowers you to do the things you love rather than what pays the bills.

See the list below.

For the Unshakeable by Tony Robbins video book review, I selected the five best tips that were found in the book. Also, there is a bonus tip (#6) that I am going to share only on this blog. These passive income tips are:

The best time to invest is during a crash.
The safest and securest investment you can make is on index funds.
You don’t need a lot of money to be wealthy; you need time.
Your financial broker will make you broker.
Don’t invest emotionally into your financial investments.
The secret to living an extraordinary life is to master your psychology.

I remember my grandma’s firsthand experience about the time when she received a massive retirement bonus from her job, upwards of a quarter million dollars. And this was back in 1995, so you know that money was worth a lot more than it is now. She was thrilled. And then she became convinced to invest that money in stocks. So, she did. All of it. Every single penny was given to a company to invest in stocks. And guess what? Like a magic trick from your favorite magician, before you know it, that money went poof, it disappeared without a trace.

Needless to say, she was devastated. But the good news is this book will help many avoid making similar mistakes and hopefully, this Article will too. Bear markets occur every three to five years. And when that happens, the market declines on average about 30% to 40%. During this time, we panic, pessimism rises, and we begin to fear that the market won’t ever recover. But outside of all the doom and gloom, there are a few who see this crash as a time for us to invest more money at lesser costs.

These brilliant minds know that the crash is one of the greatest opportunities in our lifetime to move up the ladder. You know why? Because everything goes on sale when the economy drops. While people and shop owners are caught by surprise, completely unprepared and then forced to sell their luxury homes, diamond jewelry, and Lamborghinis at 50% off, you and I are capitalizing on these real estate and stock investments at incredibly low prices. One of the greatest investors of the last century said, “the best opportunities come in times of maximum pessimism.”

Tip #1: The best time to invest is during a crash

Tip number one is “the best time for you to invest is during a crash.” So, I started to realize that the greatest danger to our financial health isn’t a market crash; it’s being out of the market. And since you can’t accurately predict the rise and falls of the market, one of the most fundamental rules for achieving long-term financial success is that you get in the market and stay in it for the long run. But that begs the question; which stock investment should you make? Well, this book recommends a solution that allows us to make money almost entirely on autopilot. The solution is for you to buy and hold on to every stock in an index such as the S&P 500. This includes companies like Apple, Google, Amazon, and Facebook, which (by the way) are the four companies that are in a race to become the first trillion-dollar company. Also, an index fund protects investors against high transaction costs and taxes due to making fewer trades. This is a strategy recommended by Dalio, Swenson, Warren Buffett, and Jack Bogle.

Tip #2: The safest and securest investment you can make is on index funds.

Tip number two is “the safest and securest investment you can make is on index funds.” Now let’s look at a great example from the book. Imagine that two friends, Joe and Bob, decide to invest $300 a month. Joe gets started at age 19, keeps going for eight years, and then stops adding to this pot at age 27. In all, he’s saved a total of $28,800. Joe’s money then compounds at a rate of 10% a year (which is roughly the rate of return of the US stock market over the last century). By the time he retires at age 65, how much does he have? The answer is $1,863,287. His small $28,800 investment has grown to nearly a two-million-dollar investment. Let’s look at his friend Bob. Bob gets off to a slower start and begins investing the same exact amount ($300 a month) at the age 27. He’s a disciplined guy and keeps on investing $300 a month until he’s 65 – a period of 39 years. His money also compounds at 10% a year. The result? When he retires at age 65, he’s sitting on a nest egg of $1,589,733. So, if we step back for a moment, we can see that Bob invested a total of $140,000, which is almost five times more than the $28,800 that Joe invested. Yet Joe has ended up with an extra $273,554, even though Joe never invested a dime after the age of 27! Because Joe started earlier, the compound interest he earns on his investment brings way more value to his account. The point of the story is that compound interest is a force that can catapult you into a life of total financial freedom.

Tip #3: You don’t need a lot of money to be wealthy; you need time

Tip number three is “you don’t need a lot of money to be wealthy; you need time.” Today’s winners are almost tomorrow’s losers. Don’t let that be you. One of the biggest mistakes you can make when getting into financial investments is relying on a financial broker to manage your portfolio. First and foremost, they are loyal to their shareholders and the big money commissions they make by putting you on expensive actively managed funds. You might end up with additional fees and taxes that will destroy your possibility of generating a passive income stream. Like the story about my grandma, these companies are incentivized to create bigger profits for themselves. This is a zero-sum game that you don’t want to play. Give your trust to someone qualified who has your best interest in mind. Registered Investment Advisers, like doctors and lawyers, have a fiduciary duty and a legal obligation to act in your best interest at all times.

Tip #4: Your financial broker will make you broker

Tip number four is “your financial broker will make you broker.” The thing is so many adults my age are not investing. According to the book, about 50% of Millennial distrust the financial markets and keep a great amount of their savings in cash. If you want to be certain that you’ll never lose your money in the financial markets, then you can keep your savings in cash—but then you’ll also never stand a chance of achieving financial freedom through investing. As Warren Buffet says, “We pay a high price for certainty.” What he could have added was that we also pay a high price for fear. If you live in unwarranted fear, you’ve lost the game before it even begins. How can we achieve anything if we’re too scared to take a risk? You have to focus on what you can control, not on what you can’t. When you become unshakeable, you have unwavering confidence, even amidst the storm. You are no longer trapped by circumstances or by fear of the coming market crash. At the same time, you don’t want to be too confident. That can lead to making bad decisions such as relying heavily on one stock (like Apple) or trying to predict market corrections and fluctuations. Remain clearheaded and use logic over emotions. Act on the basis of knowledge.

Tip #5: Don’t invest emotionally in your financial investments

Tip number Five is “Don’t invest emotionally in your financial investments.” If you know someone who is not a financial genius and may benefit from any of the five tips in this Article, then please, share this Article. And of course, if you like the Article, leave a Comment. Here is Bonus Tip from the Book.

Tip #6: Master your Psychology

Do you know what the single biggest threat to your financial well-being is? The answer is your own brain. They’re people who listened to the Unshakeable by Tony Robbins’ audiobook along with having read the book and they still might become victims to a form of financial self-sabotage.

The thing is, for a lot of us, losing all our money and everything we own, especially in one shot, feels a lot like dying. That’s why 80% of success is psychology and the other 20% is mechanics. So what does this look like in practice?

Well, what the best investors do is create a list of simple rules to guide them so that when things get emotional. As a result, they remain on-target in the long term. It’s important to have your focus on the bigger goal. We can’t control all the events in our lives, but we can control what those events mean to us.

The purpose of this Unshakeable by Tony Robbins’ summary is to show you that it’s possible to create passive income through financial investments – like index stocks.

That's all for now. Be sure to hit that share button and drop a Comment on the Post.

I hope you enjoyed my post!

10 Things the RICH Teach Their Kids about MONEY

noreply@blogger.com (Dr. Sahib Dino) — Mon, 9 Mar 2020 05:54:00 -0700

10 Things the RICH Teach Their Kids about MONEY

As we all know the subject of money isn't taught in schools most people learn about the topic of money at home from their parents but what our parents actually teaching their kids about money what makes a difference between somebody who will eventually become rich and successful and someone who won't so today let's go over ten things that rich teach their kids about money that the poor don't if you like Articles about business money in psychology make sure to Follow our blog so you don’t miss any of our latest Article and I got a big surprise for you at the end of this Article and let's get started

1. Rich Parents Teach the Importance of Money

2. The Difference between Assets and Liabilities

3. How to Manage Their Money

4. Different Ways to Earn Money

5. Developing Productive Habits

6. No One Owes You Anything

7. Social and Influence Skills

8. Delayed Gratification (Patience)

9. There Is Always More Money

10. The Best Way to Make Money Is To Help Others

11. Bonus. They Understand They Can't Know Everything

1. Rich Parents Teach the Importance of Money

Number one rich parents teach their kids the importance of money virtually all self-made millionaire or anyone who've achieved financial success believes that money is very important and is one of the first things they teach their kids about money. Rich parents often show how important money is regardless of whether they believe money is important for happiness or not. They know that money is important to have options and a better quality of life even if they only consider money as a resource and nothing else most rich people understand that money gives them freedom from the ability to choose their location for their next vacation to the freedom to choose where to live and even the ability to help others. They know that they can have a less financially stressful life when they have an abundance of money

The poor on the other hand rarely talk about money and some even say that money is not important this can affect their kids on the long term because they will grow up in a financially driven society while neglecting their financial life all because they think of money as not important.

2. The Difference Between Assets And Liabilities

Number two they teach the difference between assets and liabilities. One of the most important and basic concepts of building financial independence is understanding the difference between assets and liabilities. If you haven't heard of these before assets are things that bring money into your bank account and liabilities do the opposite they take money out of your bank account for example if you buy a house and you rent it out to someone it is an asset because it brings cash flow every month in form of rent if you buy a house to live in then it's a liability because it takes money out of your pocket every month many rich parents teach their kids to build them by asset and avoid liabilities. This way they can create a business or investments that generate cash flow on a recurring basis and avoid the things that generate a negative cash flow on their bank account so they can have a surplus of money.

They also understand the power of using assets to detach your time from your income since assets generate cash flow whether you are physically putting in the work or not you are able to scale and use your time to develop more assets rich people often focus on understanding and teaching the spending patterns of the poor versus the rich and why some people earning the same salary end up becoming rich while others stay poor.

For example let's say that we have two people making six thousand dollars per month but they have very different spending patterns. The first one gets their paycheck and pays bills and enjoys his money going out shopping getting the newest phone and the latest TV indulging in the finest restaurants getting a new car, a nice house and all of that nice stuff. They typically spend their money on things that make them look good and wealthy but they actually come back home to build in a lot of debt. They typically have little to no savings and have years of debt on their credit cards car payments and mortgage payments. They are stuck in the rat race and they will take years to get out now. Let's see the second person he also makes $6,000 per month but this person does not buy a nice house or a nice car. He doesn't go out every weekend and he doesn't go to the fancy restaurants. He occasionally buys clothes when he needs them but he doesn't follow the fashion trends every season. He lives on a $3,000 a month budget and puts away the other $3,000 by the end of the year, he has $36,000 and puts them into cash flow investments that increases his monthly income. He continues living on his $3,000 a month budget and by the following year, he's able to invest in at 36 but $40,000 since he increased the income into investments that generate cash flow ten years later these two individuals will be in two completely different places all due to their spending habits.

There's a quote from Robert Kiyosaki that says looking good but going nowhere. Which means that many people spend their money to look a rich, while actually being poor in the meantime rich people look poor while getting rich. Now a lot of people might be saying there are a lot of rich people who have nice things nice houses fancy cars and all of that luxury stuff and yes it's true but the main difference here is that poor people use their own money or go in debt to buy their luxuries. The rich have their assets buy luxuries for them if you want a car that costs you 500 dollars per month well it's time to build another asset that generates you $500 or more per month this way your bank account is unaffected when you buy this liability that is another crucial element that many rich parents teach their kids.

3. How To Manage Their Money

Number three how to manage their money a very good way many wealthy parents teach their kids about money is by letting them into their planning and managing of their household expenses many of these parents include their kids when they go over their financial statements and plan their budgets they often familiarize their kids on the reality of having living expenses. This gives their children the experience of managing money from an early age which can help when they grow older and they have to manage their own money. This is a big contrast to many parents with a poor mentality the majority of parents rarely talk about money especially their own income they typically plan their monthly budgets without their kids. if they even plan at all and often associate a negative attitude when planning their monthly expense budget oftentimes parents argue and express negative feelings about planning their monthly budgets causing their kids to take on similar planning patterns which translates to similar behaviors later in life. Rich parents know that living expenses are a reality of the modern life and focus on associating good emotions on their living expenses as odd as that might sound many people are grateful for those living expenses because it provides them with a roof over their heads and the ability to live comfortably.

4. Different Ways To Earn Money

Number four the different ways of earning money one thing that I've noticed many wealthy parents teach their kids is that different ways to earn money did you know that the daughter of former President Barack Obama had a normal customer service job many other wealthy people have their kids get a normal job there are a few reasons for this but one of them is to be able to have them experience that different ways money is earned and teach them how each of them work for example one of them is exchanging time for money whether that is working on a job or freelancing. The second is to build systems that generate you money or having money work for you like building a business and leveraging the time of other people as employees leveraging online systems that provide automation or using money to buy assets that generate income for you.

Which is illustrated in the book cash flow quadrant by Robert Kiyosaki. The rich focus on understanding and teaching these principles to give their kids the freedom to not be stuck and only one way of making money but give them the ability to learn the other ways money is made on the other hand most poor parents only know one way of making money which is typically exchanging time for money and sadly is the only thing they teach their kids and they eventually grow up only knowing one way to make money which limits their true earning potential.

5. Developing Productive Habits

Number five developing productive habits. The Rich know that is not what you do that makes you wealthy but what you do consistently. If the wealthy parents are self-made they know that in order to achieve financial wealth they must work and carry out their plans on a consistent basis is not just about taking action once or working hard once but doing it over up her long period of time and the best way to do that is by building habits. Things that you come to do naturally so many wealthy parents focus on developing productive habits on their children so they can attract wealth themselves more naturally in the future. This can be as simple as starting their day with a set of accomplishments or to always look at how they can bring value to others not only that but many wealthy parents teach their kids how to build their own habits. Learning how to build habits is one of the best skills anyone can have understanding the psychology behind modifying your own habits can be extremely powerful for our child's long-term success.

6. No One Owes You Anything

Number six no one owes you anything self-made millionaires and those who got wealthy with their own work know how much it takes to create wealth for them and their they know that they will only get what they fight for and no one owes them anything this is especially important for rich people because in many occasions their kids grew up in a wealthy environment where they can feel like they deserve to have a piece of their parents wealth they understand that this sense of entitlement can be a huge disservice to their kids in the future and teaching a concept of earning your success becomes very important to them Bill Gates and Warren Buffett two of the richest men in the world have similar philosophies they will not leave their kids with their wealth and will only leave them with a minuscule amount of inheritance as Bill Gates said in an interview in 2011 they have to find their own way. They try to install a sense of Independence and hard work so their kids can find their own success.

7. Social And Influence Skills

Number seven social and influence skills this is something that isn't talked about enough in the financial and business world but is one of the most important. The ability to socialize and communicate with others can open up a lot of opportunities that otherwise wouldn't happen the ability to create influence with those around you. Creates a sense of leadership, installing that skill to understand people's emotions, motivations and behaviors early on can provide an incredible tool for the future setting kids up to be strong and influential leaders.

8. Delayed Gratification (Patience)

Number eight delayed gratification in other words patience the rich understand that completing a massive goal then building wealth takes time and they must be patient while working hard at their craft and that is one of the skills they often teach their kids that eventually their hard work will pay off the majority of people prefer short-term pleasures like buying the nice car or the fancy house right away or they might start a business and leave when it's not profitable in the first year and they pass down the same behaviors to their children. I really like something that Gary Vaynerchuk says when it comes to this topic and that is to have micro speed and macro patience meaning we must work hard consistently every day and be patient for the big picture as he says most people are slow on the day-to-day and want to be successful the next day.

9. There Is Always More Money

Number nine there is always more money an incredibly important mindset that the rich have is that there is always more. Most people think that there is a limited amount of money in the world and that believe translates to their bank accounts. While the poor might feel like there is not enough money to rich know that there is always more money out there. Whether it's to fund a new business or take a vacation they know that there is a lot of money out there and their job is to get it. The poor think that their salary is their financial limit and they will have to live under this financial ceiling which is a scarcity driven mindset the original that there is no limit on how much they can earn and money is out there waiting for them to attract it which is an abundant mindset this is a simple concept that can play a major role in our financial decisions while most people focus on saving money and reducing cost the rich focused on increasing their income this doesn't mean that the rich don't focus on reducing the expenses but they invest more time and energy in increasing their cash flow over reducing a few small expenses as a business owner having a scarce mindset can limit the entrepreneur earning potential there are many entrepreneurs who don't charge what they deserve for their products and services simply because they feel guilty for charging money to others they might feel like they are doing a disservice to their clients by taking their money but an entrepreneur with an abundant mindset knows that anyone has enough money for the things they really want and if a potential customer wants their product who are they to deny it.

If you take a look at society people always have money for the things that they really want if they want to go on a nice vacation they spend months saving for it if they want to invest in their education they will work an extra shift to buy that course if they want to begin investing they will work hard and save to start investing there is always more money for the things we want our job is to go and get it.

10. The Best Way To Make Money Is To Help Others

Number 10 the best way to make money is to help others an important lesson that the rich teach their kids is that the most powerful way to make money is to solve other people's problems and the bigger the problem the bigger the paycheck it is no secret that the most successful people in the world have solved or at least aid in solving big problems in the world from Steve Jobs for revolutionary in the technology music and communication industry to Henry Ford for transforming the personal transportation industry to Oprah Winfrey for making a global impact in the self-development world. All made a huge impact in helping others solve a problem most poor people focus on getting paid based on tasks efforts and time while the rich focus on providing results and solving problems providing value is the rich person's game and they get paid based on the amount of value they provide in.

11. Bonus. They Understand They Can't Know Everything

A bonus one number eleven they understand they don't know everything something that the majority of people don't know is that rich and successful people get together in groups called masterminds. They know that it is impossible for them to know everything so they spend time with others. Who know things they don't, so they can improve their own business and their own life. They seek mentors and coaches who are experts and the things that they wish to learn and they are constantly developing new skills.

Billionaires Do This for 10 Minutes Every Morning By Mel Robbins

noreply@blogger.com (Dr. Sahib Dino) — Mon, 9 Mar 2020 05:09:00 -0700

Billionaires Do This for 10 Minutes Every Morning

THE MILLION DOLLAR MORNING ROUTINE

By: Mel Robbins

I want you to find 10 to 15 minutes, that's it! That’s all it takes 10 to 15 minutes, I want to teach you how you use some simple things. To push through the excuses that are always going to be there and the fear that's always going to be there so that you can do what you need to do every day, in order to ensure self-closer to whatever that big goal is.

How you start your morning determines how your day goes! That's right! How your morning starts determines how your day goes, there’s so much research about productivity and happiness and so many of you are focused on “what do we need to do? What do I need to do? how do I get more stuff done?” and you get busier and busier and busier and I want you to understand something being productive, being happy, being in control of your life it has nothing to do with when you get up. It has everything to do with how you get up and so a routine refresh is something that you have to do you have to do it because you must have in learning routine if you don't have a morning routine your entire day will get hijacked if you don't have a morning routine you're going to wake up behind you're going to wake up stressed out you're going to wake up and make a major mistake which is you're going to let the world come into your brain and set your priorities before you even put yourself first and so a routine refresh is critical. Refresh your routine!

Why is this important because there is so much science that talks about the power of your morning routine and there's also so much noise out there about the morning routine but all of the articles out there tend to be written by guys that have two and a half hours before work starts to somehow drink mushroom tea and met and go to yoga and exercise and drink bulletproof coffee and sit in an infrared sauna and I don't know what planet these people live on but they clearly don't have children or a job they need to get to at eight o'clock in the morning I'm being realistic. I'm being realistic about the fact that you need a morning routine but you need one that works for you. See I had a morning routine that used to take me 30 to 40 minutes last year when I had more time I've had a morning routine that took an hour when I had time and the ability to go for a jog in the morning.

I had incorporate that in the morning routine, my morning routine 10 minutes long that's it it's 10 minutes long because that's what works for me in this season of my life and so I am inviting you to do a routine refresh where I'm going to walk you through the science of a morning routine. I'm going to take you step-by-step in this guide through how you should be thinking about the components of what you want to do every morning in your morning routine and I am also begging you to customize it so that it works for you because the truth is if it doesn't work for where you are in your life right now you're not going to do it and the most effective morning routine is the one that you actually do every morning I've got a question from Diego and this is going to relate back to your morning routine from Diego.

I have a dream of opening my own restaurant but I'm terrified to start how many of you have ever thought about opening up a restaurant we're starting a small business or having some kind of side hustle doesn't have to be a restaurant the American Dream used to be I really dream of owning do you know what the American Dream is now for the majority of people its I want to own my own business and so whether you're interested in launching a restaurant or you would love to have a business of any size shape or form in any vertical that you can think of this is a question that you need to pay attention to okay because I know this is also impacting you.

I'm terrified start I know I have the potential to be really successful but I just can't get myself to actually do something about it you know sometimes when the dream is so big the fact that it's so big becomes paralyzing because you think about where you are right now and you think holy cow that thing that I really want. I don't even like how do you even start when the dream is so big so here's what we're going to do today we're going to shrink it down I don't want you to think about opening a restaurant. I don't want you to think about launching that business because that's something that will happen a year from now what I want you to think about is I want you to shrink your thinking. I want you to think about researching a restaurant I want you to think about preparing to launch a restaurant.

I want you to think about learning about launching a restaurant to see how just saying I want to learn about launching a restaurant changes how you feel versus, I'm launching a restaurant which feels so big you're just in a phase where you're learning and researching this idea which all of a sudden takes all the pressure off doesn't it so that's number one let's shrink it let's not talk about launching it let's not talk about building it. let's talk about researching and learn about it okay so that takes the pressure off then the next thing that I want you to do is I want you to focus on something that I talk about all the time if you're researching and learning about launching a restaurant or a business all I want you to do.

I want you to find 10 to 15 minutes that's it, that's all it takes 10 to 15 minutes and I want you to do one thing for 10 or 15 minutes a day that helps you learn or research about the idea of launching a restaurant how many of you are starting to feel a little bit lighter how many of you are starting to feel like holy cow thinking about it that way I actually could get started today making this smaller and making it something that I'm learning about rather than doing and launching that somehow thinking about it differently frees up the ability to get started I want you to do one small thing a day so what could you do.

You could read an article about somebody that launched a first-time restaurant you could look online for 10 to 15 minutes for a local restaurant networking event you're not launching or building a restaurant yet you're learning about it and you're researching it and your job as a student of this subject is to do something every day for 10 or 15 minutes in order to learn or research it that's it that's all I want you to do because here's what I know if I get you to start doing that and you do this every day for 10 or 15 minutes which you absolutely can guess what's going to happen you're going to feel momentum you're going to feel like you're working on it you're going to meet people that are interested in it you're going to learn things that are going to lead to the next thing that you need to learn and you will have mastered the art of getting started and by doing something a little bit every day you're also going to master the art of continuing to keep going and from there it'll snowball I promise you.

I promise you as you meet people the next thing you'll do would be to learn more from them as you read and watch tutorials about people that have started restaurants as you watch television programming about it you're going to feel more inspired you're going to start to see I think that can do this.

That's going to lead to the next thing trust me when I say it's all about the little progress, you make every day. I want you to stop talking about launching it and building it and I want you to shrink it back too. I'm learning about it and researching it that's number one number two 10 to 15 minutes a day you are a student of this subject that's it get yourself a notebook where you keep all your notes get yourself organized like you would as a student and find one thing you can do every single day that teaches you a little bit something about this subject. That you're really interested in and trust me it'll all happen just by doing that there will always be an excuse not to do the things you need to do particularly the things that scare you that you have to dream you have to visualize.

We're going to talk about the science of visualization it's easy to dream it's really hard to do and I want to teach you how you use some simple things to push through the excuses that are always going to be there and the fear that's always going to be there so that you can do what you need to do every day in order to ensure self-closer to whatever that big goal is what I want you to do is I want you to use a science back tool called visualization to your advantage there's hard science around visualization but I've noticed that most people only explain 50% of what you're supposed to do but it's critical that you understand the two-step process of what you're going to do in terms of visualization and that's this piece of visualization that everybody misses that the science says is the most important you can't just write down your goals it won't work you can't just put up a board with photos on it.

It won't work you have to do the second part which is you have to imagine yourself taking the steps to get there not the end-all this is powerful research out of UCLA this is what will make visualization work not just the pretty endgame but visualize the steps that you're taking to get there and then here's the kicker you're ready for the most important research you've got to allow yourself to feel the emotions associated with it you've got to make you visual board it's a really powerful thing to do for sure but then I want you to visualize yourself every day doing the steps leading up to it this is research from UCLA and I want you to allow yourself to feel the emotions feel the emotions that you will feel as you're doing those things feel pride feel excited you.

Find Fulfillment - Find your WHY By Simon Sinek

noreply@blogger.com (Dr. Sahib Dino) — Mon, 9 Mar 2020 04:32:00 -0700

Find Fulfillment - Find your WHY By Simon Sinek

I imagine a world in which the vast majority of people wake up every single morning inspired to go to work and come home every single day fulfilled by the work that they do. My hope is that this course takes us a little further down that path. If people learn their WHY, it makes them better qualified and more importantly more confident to choose the careers, choose the jobs, and find the companies that create environments in which they are more likely to be inspired and feel fulfilled. And that's the goal. The discovery of WHY was not an academic exercise or commercial exercise. It was something deeply, deeply personal. I had a small business and after a few years had lost my passion for what I was doing. People gave me silly advice like "do what you love." I was doing the same thing, I didn't love it anymore. Thanks to the confluence of some events I discovered this naturally occurring pattern.

I knew what I did and I knew how I did it but I couldn't tell you why. And I realized I had to answer that question if I was going to find that balance and so I became obsessed with answering this question, why do I do what I do? Not only did it restore my passion, it restored it to levels I'd never experienced before. And as we do when we discover something beautiful we share it with the people we love. And so I shared it with my friends and my friends started making crazy life changes. And they invited me to share it with their friends and I would show up at someone's apartment and literally give a little talk about this discovery I'd made. And I would just get more and more invitations and this thing just sort of spread organically and it’s really changed the course of my life and changed the course of my career where now I'm completely devoted to spreading this idea and helping people either find their passion or amplify it if they already have it. Having a job we love is a right and not a privilege. It's not for the chosen few. And so my hope is to share this idea with as many people as possible so that indeed saying "I love my job" becomes the standard and not the exception. I used to do the WHY Discoveries myself that's how it began. I would actually help my friends learn their WHY.

I used to sit down with them and go through this process, it took hours, where I'd ask them all about their life and try and see the patterns to try and discern their WHY. And it was great and highly effective but I was the only one doing it, so I shared it with others and there was a few of us doing it but still, you know, there was this desire to do it with more people and so we took this process that I used to do manually and took everything that I learned and put it in this online course but it's basically the exact same thing I used to do by myself so it's it's really fun to see it come to life in a course. The best thing about the WHY is that it's a biological constant, it has nothing to do with what we do. It's based on the biology of how we make decisions and what drives us and motivates us, which means that it doesn't matter whether you're retired or whether you're a student, it doesn't matter what industry you're in.

This course is designed to help people understand what makes them tick and what drives them, what inspires them, And that's why I'm really proud of this. I mean this will give people something to grasp on to and find inspiration and fulfillment and in everything they do, hopefully for the rest of their lives. All you need to do is have the will and the desire to want to understand what drives and inspires you. And that's why we designed this course. It's designed for people to find that thing, to understand the thing that gives them their true north and helps them wake up every single morning inspired and come home fulfilled, I mean, who wouldn't want that?

Bring your WHY to life

So, one frequent question that we get is now that you've found your WHY, what do you do with it? How do you use it? Well, one of the things you want to do is keep it all around you. One of the things that I've done is I actually would write my WHY on my desk, next to my bed so that I was reminded of it. That's number one. But also start talking about it. I start meetings with it. When I sit down with a meeting I say, before we start this meeting I'd like to tell you why I took this meeting or why I called this meeting and I refer to my WHY and say how I believe that this potential partnership or this potential relationship could help me advance my cause, could help me advance my WHY. It works every time. It's extremely valuable in resumes and interviews as well. When somebody says, so why do you want this job? You say, let me tell you why I do everything and maybe tell a story from your childhood or one of the stories that you told in the WHY discovery process to communicate your point. I used to do that in all my interviews.

I still do it now. I start meetings, I start talks, I start all kinds of things with it and it gives people a context for who you are and where you're coming from. It's a huge advantage on resumes as well. I've never really understood at the top of resumes when people write "purpose" and they say "to get a job at a top performing law firm blah blah blah ..." Of course, that's why everybody's applying for the job. Rather, use that space at the top of your resume to explain who you are, basically WHY you do what you do. It gives context to all the other jobs you've ever had. It gives context for who you are and it helps us stand out in the crowd of people who have similar experiences to us. It also helps us understand sometimes where relationships fail. Where we sometimes did things or said yes the things that in our guts it felt wrong but if we compare to our WHY we realize that we should never have done it in the first place. So use it front and center. Speak about it. Tell the stories. Use the stories as metaphors to explain who you are. Talk about it constantly. Start meetings with it.

Start with Why

We imagine a world in which the vast majority of people wake up every single morning inspired to go to work, feel safe when they're there and return home fulfilled at the end of the day. We as an organization see ourselves as leading a movement to build this world. We want as many people as possible to start with WHY to become the leaders they wish they had so that they can build the organizations that put people first. But we know we can't do it alone which is why we're looking for as many people as possible to join us. Because we know that together is better.

What's the WHY?

So a lot of people write in and ask the difference between the question "why" and the WHY, as we talk about it, like start with WHY. The WHY is a purpose, cause, or belief, the underlying reason why we are motivated to do something? The reason a company exists, the reason why we're passionate for something. The question "why" aims to get at and assert the same thing in a generic sense, like why do you do something, what's the underlying reason for that? That's why I called the WHY, "the WHY." Another reason why I called the WHY "the WHY" is because when I would ask people, "What comes first: vision or mission?" People would debate it. There's no standardized definition of vision or mission. So people who believe mission came first, I asked them, "So what's the definition of mission?" They said, "It's why we get out of bed in the morning." People who believed vision comes first would say," Well, it's why our company exists." And whether it's brand or purpose, all these things, everybody gave me the same definition: why. So that's why I called it the WHY.

Does your WHY change?

The question is, "Does your WHY change in time?" The answer is, no it does not. We all only have one WHY. Our WHY is fully formed, probably in our late teens, something like that. And the rest of our lives offer us opportunities to live in balance with that WHY, or not. Now, the language can evolve for sure, but the basic idea, the basic sentiment of what the WHY is, is permanent. It is basically an origin story. That's what a WHY is. A WHY is a sum total of who we are based on how we were raised, the experiences we had as kids. Just like the WHY for an organization is also basically an origin story. It's where the organization comes from. It's based on the problem that the founders were trying to solve or the opportunity they were trying to grasp, whatever it is. So, your WHY is fixed. Your WHY is permanent. The language can evolve but you are who you are. We are who we all are.

Simon Sinek how what why

noreply@blogger.com (Dr. Sahib Dino) — Mon, 9 Mar 2020 04:01:00 -0700

Simon Sinek how what why

So a lot of people write in and ask the difference between the question "why" and the WHY, as we talk about it, like start with WHY. The WHY is a purpose, cause, or belief, the underlying reason why we are motivated to do something. The reason a company exists, the reason why we're passionate for something. The question "why" aims to get at and assert the same thing in a generic sense, like why do you do something, what's the underlying reason for that?

That's why I called the WHY, "the WHY."

Another reason why I called the WHY "the WHY" is because when I would ask people, "What comes first: vision or mission?" People would debate it. There's no standardized definition of vision or mission. So people who believe mission came first, I asked them, "So what's the definition of mission?" They said, "It's why we get out of bed in the morning. "People who believed vision comes first would say," Well, it's why our company exists." And whether it's brand or purpose, all these things, everybody gave me the same definition: why. So that's why I called it the WHY.

The WHY Gives Us Context

A good example of what a WHY sounds like I'll tell you a story I did some work with the Disney Imagines these are the people who build all the rides, design all the parades, all the shows, the boats, everything like that. Everything that's not a movie or merchandising basically the Imagines invents it, build it, design it. And I was giving a talk about the WHY and the Golden Circle to the Imagines and somebody asked the same question which is "Can you give us an example of what a WHY looks like or sounds like?" So I picked a random person in the audience and I asked him to give me a specific story that helps me understand, that really captures what he loves about being an Imagine. And he told a story you have to appreciate that he told over the course of seven minutes maybe basically of how he was the lead engineer on a ride and he went to I should preempt with, I should tell you this that he didn't know this and I found out later that his nickname at the office was "ice chips" because he was cold and everything well he's an engineer so everything was exact and just sort of not the most emotional guy so they called him Ice Chips this was his nickname behind his back. So I called on Ice Chips by accident and he told the story of how there was a new ride that was opening that he was the lead engineer and he saw a guy in a wheelchair and his daughter heading towards the ride to try it out for the first time and one of the things that occurred to him was that anywhere else in the world people see a guy in a wheelchair with his daughter. Only at Disneyland the only thing people see is a father and his daughter going to Disneyland. And he says that's what it means to him to work for this organization. That it's about parents and children and family and brothers and sisters and boyfriends and girlfriends and husbands and wives and every combination of family that we can come up with and that's all there is just those relationships. And that's why everything was so exact to him. And in an instant we're all crying and it was a beautiful story but in an instant everybody understood why he was always so hard about everything because to him those were the stakes. They had to make things that made people feel that they were just a father and a daughter that nothing else mattered. It was pretty amazing. And it gave everybody context everybody fell in love with him that day.

The Impact of Finding Your WHY

What is the impact of finding your WHY? So, I can tell you what I went through which is what set me on the journey to sharing the message of the WHY and helping people find theirs. A WHY is like a compass direction it tells you where you're going. We can live our lives by accident which is kind of like getting in a ship and just sailing or just getting in a car and just driving. You'll absolutely see some amazing things you'll stumble upon some amazing experiences but you don't really have a sense of where you're going any sort of direction. In other words what's it all for? What the WHY does is it provides a path. It provides a map or a compass. So you will still have some of those amazing experiences but now they have value and worth and they're taking you towards something else it's a journey toward something. When I learned my WHY I had a tremendous calm come over me. My confidence grew. A sense that my life had more meaning than I thought it had before. And I had now the choice a new way of viewing decisions a filter through which to make decisions. Now I ask myself does this help advance my WHY or not? Does this help me stay on the path that I'm supposed to be on? Or is this going to be a random adventure? So the WHY provides focus, direction, meaning and confidence.

What is Courage?

Courage is an external thing. So I have met people who literally have courage. What we would call courage. They have put their lives on the line, they have thrown themselves into harms way in order to save the life of someone else. They have done something that we would consider mad, that violates all tenets of survival ... so that someone else will survive. Courage. Real courage. And I've talked to them and I always say, "Why did you do it?" You've got a wife, you've got kids. Why would you do that? And they all give me the same answer. Every time. "Because they would have done it for me." "Because someone else would have done the same for me." It is the absolute confidence that the person to the left and the person to the right would do the same for me that gives them the courage to do amazing things.

Money is Fuel

Money is fuel. And fuel is very important. I think money is, there's nothing wrong with money. It's just we have to understand the purpose of money. So the company is the car and money is the fuel. So I don't care how amazing your just cause is and how wonderful your culture is. If you have no money you don't go anywhere. You might have bought the most beautiful car ... You got no gas, you got nowhere to go. The purpose of a car is not to buy gas. The purpose of a company is not to make money, the purpose of a car is to go somewhere and fuel helps you get there. The purpose of a company is to accomplish something, to advance a greater cause, to contribute to society. And money will help you get there. Very necessary, very important but it's not the reason we bought the car in the first place.

Finite vs. Infinite

Goals I've become very interested in the idea of playing in games that have no finish lines. Some games have finish lines, baseball, and football. Getting a part is a finish line. You audition, there's a beginning, middle and end. There's rehearsal and practice. There's showing up for the audition and you either win or you lose, and then it's over. That is finite. But one's career is infinite. There's no end. It's like our lives are finite but life is infinite. People come and people go but life continues. Theater. Actors come and actors go but theater continues. It's infinite. You don't win theater. You win a part. But what happens once you get the part? The finite game is over. Now you enter the infinite game, you have to be able to convert. And the reason this is important, and I've seen this unfortunately so many times, from a young age all you wanted to do was get to Broadway. And then you get to Broadway, and then what? You've devoted your entire life to one finite goal and when you get there, the immediate response is depression because I spent 15 years of my life for this one thing and I got it and now I don't know what to do next. Like what do, get to Broadway again?! It doesn't have the same ambition. It doesn't have the same passion, that you've devoted, you're from Fargo, North Dakota and that's all you wanted to do is get out of Fargo and make it to Broadway and you made it. It doesn't have the same kind of passion. And this is because these are finite goals.

There's a lot of studies that have been done with athletes who have finite goals. To become the greatest X in the world. So Andre Agassi was one of these athletes. He wanted to become the greatest tennis player that ever lived. So guess what? Everyone in his life he would view them through, how do you help me get to that? Everything was how does this help me get to that? Everything was a transaction, how do you help me move to there, and then you know what happens? He achieved it, he became the greatest tennis player in the world and you know what happened immediately after? Depression. Michael Phelps set out to become the most medaled Olympian in history Do you know what? He achieved it. You know what happened immediately after? Depression. They spend their whole life working for one goal. Though most will never get it, the few that do, don't know what to do next because their goals were finite. Their goals were finite. And so there are finite components to your career but your career should be infinite. So yes, of course you have to win the finite game. You have to get the part. But immediately when you get the part now you convert to infinite.

Artistic Integrity

If you choose to be the kind of artist that stands for something, that you want to be yourself and bring yourself into everything that you do, you will get fewer parts, you will. The parts you get will move you in a way that most artists will not get moved. Or you can bend and manipulate yourself a little bit and sort of be a little bit more of what they want and play their role and even though you don't really buy into it it's a part and I want to be an actor I want to be a performer I'm going to do what they want. You will absolutely get more parts without a doubt. You will arguably have a "better career" but will you be profoundly moved as an artist? The odds are lower. I can't say never, it's just the odds are lower. It's not better or worse. It is simply the decision on how you choose to manage or lead your own career.

Change your narrative

So I wanted to prove that all marketing is the same thing. No matter what you're selling, it was always the same thing. And good marketing talked about the buyer. And bad marketing talked about the seller. Make sense? "I" versus "you." So to illustrate my point I wanted to prove that what the homeless do and what Microsoft does is the same thing. So if you think about what the homeless do there is advertising. They sit there with a little sign that says, "I'm homeless, I'm hungry, I've got six kids, I'm a veteran ..." trying to appeal to everybody. That's called a little billboard. Microsoft has a billboard that says, "More memory, bigger screen ..." all the rest of it. More RAM, more ROM. And what the homeless are selling is goodwill. So if you walk past a homeless person and you put money in their cup, you feel good. If you give them nothing, you either feel nothing or feel bad. You paid for that feeling. There was an exchange of consideration. I sold you goodwill, you paid for it, and you got it. They're selling goodwill, that's what they're doing.

They're selling the feeling of goodwill. So I found a homeless person who was willing to help me and her sign was pretty typical and I found out that she makes between twenty and thirty dollars a day selling goodwill. And she works an eight to ten-hour day. Thirty dollars is considered a good day, selling goodwill. And like I said, her sign was pretty typical. So I asked her if I could change her sign and we did. And the sign that I gave her, she made forty dollars in two hours. The sign that I gave her said, "If you only give once a month, please think of me next time." It wasn't about the seller, it was about the giver. What are the reasons people say they don't give? How do I know that they're genuine, I can't give to everyone. So I simply answered the questions. If you can only give once a month, please think of me next time. I know you can't give to everybody, I'm legit. That's all. Now here's the point I was going to make. She could have made one hundred and fifty dollars that day. But after she made her forty dollars in two hours, she left. Because one of the reasons she's homeless, or we could surmise that one of the reasons she's homeless is she's decided that she needs twenty or thirty dollars to live per day. So once she had it, she moved on. That's a narrative. So she'll stay there because she didn't sit longer. That's a narrative. So there's a wonderful little trick you can use with your narrative. Just add the word 'yet' at the end. I'm not famous, yet. I'm not that talented, yet. I'm not good at auditions, I need to get better at auditions, I suck at auditions, for now. You can just add a couple of words of hope or opportunity, or the potential for future, or some sort of infinite component that will profoundly change your narrative.

Nervous vs. Excited

I was also watching the Olympics and I realized this when I was watching the London Olympics and I was annoyed by how all the journalists asked all the athletes the same stupid question literally, every one ... "Were you nervous?" or "Are you nervous?" whether it was before or after the event. Every single time. And every single time all the athletes gave the exact same answer ... "No, I was excited." "No, I'm excited." Every single time. These elite athletes had learned to interpret body stimulus ... what are the signs of nervousness? Your heart races, you visualize the future, your hands get clammy. What is the stimulus for excitement? Your heart races, you visualize the future, your hands get clammy. They had learned to interpret what their body was telling them not as nerves but as excitement. And the reason the journalists said, "Were you nervous?" is because they would be nervous. Athletes would never say that to each other. They'd say, "That was exciting!"

So I tried it. I did a little test on myself. I'm on a plane, we start hitting some really bad turbulence. I go and then I say to myself, literally out loud, "This is exciting!" And I was fine. And I was fine. So I do it a lot now. When I find myself getting nervous I say to myself, "This is so exciting" and I'll explain the reason to myself why. So, like an actor you don't get nervous when you go on stage anymore but occasionally you do. So I get to go on stage a lot and I don't really get nervous much anymore but I was going to present to 3,000 chiefs of police right in the middle of all this police brutality hullabaloo and I got really nervous because the stakes were really high and I was literally getting nervous backstage and I said to myself, "This is so exciting. I have an opportunity to talk to a group of people who can actually affect change in this country. This is really exciting." Now I could have said the same thing, "I'm so nervous, I'm about to talk to people who could ... " but the interpretation was excitement. Just change the narrative. It works brilliantly well.

Why good leaders make you feel safe By Simon Sinek

noreply@blogger.com (Dr. Sahib Dino) — Mon, 9 Mar 2020 03:07:00 -0700

Why good leaders make you feel safe By Simon Sinek

There's a man by the name of Captain William Swenson who recently was awarded the Congressional Medal of Honor for his actions on September 8, 2009. On that day, a column of American and Afghan troops were making their way through a part of Afghanistan to help protect a group of government officials, a group of Afghan government officials, who would be meeting with some local village elders. The column came under ambush, and was surrounded on three sides, and among many other things, Captain Swenson was recognized for running into live fire to rescue the wounded and pull out the dead.

One of the people he rescued was a sergeant, and he and a comrade were making their way to a medevac helicopter. And what was remarkable about this day is, by sheer coincidence, one of the medevac medics happened to have a GoPro camera on his helmet and captured the whole scene on camera. It shows Captain Swenson and his comrade bringing this wounded soldier who had received a gunshot to the neck. They put him in the helicopter, and then you see Captain Swenson bend over and give him a kiss before he turns around to rescue more. I saw this, and I thought to myself, where do people like that come from? What is that? That is some deep, deep emotion, when you would want to do that. There's a love there, and I wanted to know why is it that I don't have people that I work with like that? You know, in the military, they give medals to people who are willing to sacrifice themselves so that others may gain.

In business, we give bonuses to people who are willing to sacrifice others so that we may gain. We have it backwards. Right? So I asked myself, where do people like this come from? And my initial conclusion was that they're just better people. That's why they're attracted to the military. These better people are attracted to this concept of service. But that's completely wrong. What I learned was that it's the environment, and if you get the environment right, every single one of us has the capacity to do these remarkable things, and more importantly, others have that capacity too. I've had the great honor of getting to meet some of these, who we would call heroes, who have put themselves and put their lives at risk to save others, and I asked them, "Why would you do it? Why did you do it?" And they all say the same thing: "Because they would have done it for me." It's this deep sense of trust and cooperation. So trust and cooperation are really important here.

The problem with concepts of trust and cooperation is that they are feelings, they are not instructions. I can't simply say to you, "Trust me," and you will. I can't simply instruct two people to cooperate, and they will. It's not how it works. It's a feeling. So where does that feeling come from? If you go back 50,000 years to the Paleolithic era, to the early days of Homo sapiens, what we find is that the world was filled with danger, all of these forces working very, very hard to kill us. Nothing personal. Whether it was the weather, lack of resources, maybe a saber-toothed tiger, all of these things working to reduce our lifespan. And so we evolved into social animals, where we lived together and worked together in what I call a circle of safety, inside the tribe, where we felt like we belonged. And when we felt safe amongst our own, the natural reaction was trust and cooperation.

There are inherent benefits to this. It means I can fall asleep at night and trust that someone from within my tribe will watch for danger. If we don't trust each other, if I don't trust you that means you won't watch for danger. Bad system for survival. The modern day is exactly the same thing. The world is filled with danger, things that are trying to frustrate our lives or reduce our success, reduce our opportunity for success. It could be the ups and downs in the economy, the uncertainty of the stock market. It could be a new technology that renders your business model obsolete overnight. Or it could be your competition that is sometimes trying to kill you. It's sometimes trying to put you out of business, but at the very minimum is working hard to frustrate your growth and steal your business from you. We have no control over these forces. These are a constant, and they're not going away.

The only variable are the conditions inside the organization, and that's where leadership matters, because it's the leader that sets the tone. When a leader makes the choice to put the safety and lives of the people inside the organization first, to sacrifice their comforts and sacrifice the tangible results, so that the people remain and feel safe and feel like they belong, remarkable things happen. I was flying on a trip, and I was witness to an incident where a passenger attempted to board before their number was called, and I watched the gate agent treat this man like he had broken the law, like a criminal. He was yelled at for attempting to board one group too soon. So I said something. I said, "Why do you have treated us like cattle? Why can't you treat us like human beings?" And this is exactly what she said to me. She said, "Sir, if I don't follow the rules, I could get in trouble or lose my job." All she was telling me is that she doesn't feel safe. All she was telling me is that she doesn't trust her leaders. The reason we like flying Southwest Airlines is not because they necessarily hire better people. It's because they don't fear their leaders.

You see, if the conditions are wrong, we are forced to expend our own time and energy to protect ourselves from each other, and that inherently weakens the organization. When we feel safe inside the organization, we will naturally combine our talents and our strengths and work tirelessly to face the dangers outside and seize the opportunities. The closest analogy I can give to what a great leader is? is like being a parent. If you think about what being a great parent is, what do you want? What makes a great parent? We want to give our child opportunities, education, discipline them when necessary, all so that they can grow up and achieve more than we could for ourselves. Great leaders want exactly the same thing. They want to provide their people opportunity, education, and discipline when necessary, build their self-confidence, give them the opportunity to try and fail, all so that they could achieve more than we could ever imagine for ourselves.

Charlie Kim, who's the CEO of a company called Next Jump in New York City, a tech company, he makes the point that if you had hard times in your family, would you ever consider lying off one of your children? We would never do it. Then why do we consider lying off people inside our organization? Charlie implemented a policy of lifetime employment. If you get a job at Next Jump, you cannot get fired for performance issues. In fact, if you have issues, they will coach you and they will give you support, just like we would with one of our children who happens to come home with a C from school. It's the complete opposite. This is the reason so many people have such a visceral hatred, anger, at some of these banking CEOs with their disproportionate salaries and bonus structures. It's not the numbers. It's that they have violated the very definition of leadership. They have violated this deep-seated social contract. We know that they allowed their people to be sacrificed so they could protect their own interests, or worse, they sacrificed their people to protect their own interests.

This is what so offends us, not the numbers. Would anybody be offended if we gave a $150 million bonus to Gandhi? How about a $250 million bonus to Mother Teresa? Do we have an issue with that? None at all. None at all. Great leaders would never sacrifice the people to save the numbers. They would sooner sacrifice the numbers to save the people. Bob Chapman, who runs a large manufacturing company in the Midwest called Barry-Wehmiller, in 2008, was hit very hard by the recession, and they lost 30 percent of their orders overnight. Now in a large manufacturing company, this is a big deal, and they could no longer afford their labor pool. They needed to save 10 million dollars, so, like so many companies today, the board got together and discussed layoffs. And Bob refused. You see, Bob doesn't believe in head counts. Bob believes in heart counts, and it's much more difficult to simply reduce the heart count. And so they came up with a furlough program.

Every employee, from secretary to CEO, was required to take four weeks of unpaid vacation. They could take it any time they wanted, and they did not have to take it consecutively. But it was how Bob announced the program that mattered so much. He said, it's better that we should all suffer a little than any of us should have to suffer a lot, and morale went up. They saved 20 million dollars, and most importantly, as would be expected, when the people feel safe and protected by the leadership in the organization, the natural reaction is to trust and cooperate. And quite spontaneously, nobody expected, people started trading with each other. Those who could afford it more would trade with those who could afford it less. People would take five weeks so that somebody else only had to take three.

Leadership is a choice. It is not a rank. I know many people at the senior most levels of organizations who are absolutely not leaders. They are authorities, and we do what they say because they have authority over us, but we would not follow them. And I know many people who are at the bottoms of organizations who have no authority and they are absolutely leaders, and this is because they have chosen to look after the person to the left of them, and they have chosen to look after the person to the right of them. This is what a leader is. I heard a story of some Marines, who were out in theater, and as is the Marine custom, the officer ate last, and he let his men eat first, and when they were done, there was no food left for him. And when they went back out in the field, his men brought him some of their food so that he may eat, because that's what happens.

We call them leaders because they go first. We call them leaders because they take the risk before anybody else does. We call them leaders because they will choose to sacrifice so that their people may be safe and protected and so their people may gain, and when we do, the natural response is that our people will sacrifice for us. They will give us their blood and sweat and tears to see that their leader's vision comes to life, and when we ask them, "Why would you do that? Why would you give your blood and sweat and tears for that person?" they all say the same thing: "Because they would have done it for me." And isn't that the organization we would all like to work in? Thank you very much.

This Is Why You Don't Succeed - Simon Sinek on The Millennial Generation

noreply@blogger.com (Dr. Sahib Dino) — Mon, 9 Mar 2020 02:23:00 -0700

This Is Why You Don't Succeed - Simon Sinek on The Millennial Generation

I have yet to give a speech or have a meeting where somebody doesn't ask me the Millennial question. What's the millennial question?

Apparently Millennial’s as a generation which is a group of people who were born approximately in 1984 and after are tough to manage and they're accused of being entitled and narcissistic self-interested, unfocused, lazy but entitled is the big one and because they confound leadership. So much what's happening as leaders are asking the Millennial’s what do you want? and Millennial's are saying we want to work in a place with purpose, love that we want make an impact. You know whatever that means we want free food and bean bags and so somebody articulates some sort of purpose. There's lots of free food and there's bean bags and yet for some reason they are still not happy and that's because they're missing this. There's a missing piece what I've learned is that. There I can break it down into four pieces right there are four.

Four things, four characteristics one is parenting, the other one is technology, third is impatience and the fourth is environment. The generation that we call the Millennial's too many of them grew up subject to not my words failed parenting strategies where for example they were told that they were special all the time. They were told that, they have anything they want in life just because they want it some of them got into honors classes not because they deserved it but because their parents complained and some of them got “A” is not because they earned them but because the teachers didn't want to do with the parents.

Some kids got participation medals, you got a medal for coming in last right which the science we know is pretty clear which is it devalues the medal and the reward for those who actually work hard and that actually makes the person who comes in last to feel embarrassed because they know they didn't deserve it. So that makes them feel worse right, so you take this group of people and they graduate school and they get a job and they're thrust into an it into the real world and in an instant they find out they're not special their moms can't get them a promotion. That you get nothing for coming in last and by the way you can't just have it cuz you want it and in an instant their entire self-image is shattered and so you have an entire generation that's growing up with lower self-esteem than previous generations.

The other problem to compound, it is we're growing up in a Facebook, Instagram world in other words. We're good at putting filters on things. We're good at showing people that life is amazing even though I'm depressed and so everybody sounds tough and everybody sounds like they got it all figure it out and the reality is there's very little toughness and most people don't have it figure it out and so when the more senior people say well what we do, they sound like this is what you got it in and they have no clue, so you have an entire generation growing up with lower self-esteem than previous generations right through no fault of their own through no fault of their own right they were dealt a bad hand now let's add in technology.

We know that engagement with social media and our cell phones releases a chemical called dopamine. That's why when you get a text it feels good, all right so you know we've all had it where you're feeling a little bit down or feeling a bit lonely and so you send out ten texts to ten friends you know, Hi! Hi! Hi! Hi! Hi! cuz it feels good. when you get a response it's why we count the likes, it's why we go back ten times to see if and if it's going, if our mints and my Instagram is growing slower and what I did I do something wrong, do they don't like me anymore, right the trauma for young kids to be unfriended right because we know when you get it you get a hit a dopamine which feels good. It's why we like it. It's why we keep going back to it. Dopamine is the exact same chemical that makes us feel good, when we smoke when we drink and when we gamble in other words. It's highly! highly addictive right. We have age restrictions on smoking gambling and alcohol and we have no age restrictions on social media and cell phones which is the equivalent of opening up the liquor cabinet and saying to our teenagers.

Hey by the way this adolescence thing if it gets you down but that's basically what's happening, that's basically what's happening right that's basically what happened. You have an entire generation that has access to an addictive numbing to chemical called dopamine, through social media and cellphones as they're going through the high stress of adolescence. Why is this important almost every alcoholic discovered alcohol when they were teenagers. When we're very young the only approval we need is the approval of our parents and as we go through adolescence we make this transition where we now need the approval of our peers very frustrating for our parents very important for us that allows us to acculturate outside of our immediate families into the broader tribe right it's a highly, highly stressful and anxious period of our lives and we're supposed to learn to rely on our friends.

Some people quite by accident discover alcohol and numbing effects of dopamine them cope with the stresses and anxieties of adolescence unfortunately that becomes hardwired in their brains and for the rest of their lives. When they suffer significant stress they will not turn into a person they will turn to the bottle.

Social stress, financial stress and career stress that's pretty much the primary reasons, why an alcoholic drinks. what's happening is because we're out allowing unfettered access to these dopamine producing devices and media. Basically it's becoming hardwired and what we're seeing is as they grow older too many kids don't know how to form deep meaningful relationships. Their words not mine they will admit that many of their friendships are superficial. They will admit that their friends that they don't count on their friends they don't rely on their friends they have fun with their friends but they also know that their friends will cancel out them that something better comes along. Deep meaningful relationships are not there because they never practice the skill set and worse they don't have the coping mechanisms to deal with stress so when significant stress starts to show up in their lives. They're not turning to a person, they're turning to a device, they're turning to social media, they're turning to these things which offer temporary relief.

We know the science is clear. We know that people who spend more time on Facebook so far higher rates of depression than people spend less time on Facebook. These things balanced alcohol is not bad too much alcohol is bad gambling is fun too much gambling is dangerous. There's nothing wrong with social media and cell phones, it's the imbalance if you're sitting at dinner with your friends and you're texting somebody who's not there that's a problem that's an addiction. if you're sitting in a meeting with people you're supposed to be listening to and speaking and you put your phone on the table face up or face down I don't care that sends a subconscious message to the room and you're not just, you're just not that important to me right now, right! that's what happens and the fact that you cannot put it away is because you are addicted, right! if you wake up and you check your phone before you say good morning to your girlfriend, boyfriend or spouse you have an addiction and like all addiction in time it will destroy relationships it'll cost time and it'll cost money and it'll make your life worse so you have a generation growing up with lower self-esteem that doesn't have the coping mechanisms to do with stress and stress now you add in the sense of impatience.

They've grown up in a world of instant gratification you want to buy something you go on Amazon. It arrives the next day, you want to watch a movie log on and watch a movie, you don't check the movie times, you want to watch your TV show binge you don't even have to wait week to week to week right I know people who skip seasons just so they can binge at the end of the season right instant gratification. You want to go on a date you don't even have to learn how to be like you don't even have to learn and practice that skill you don't have to be the uncomfortable into insists is yes when you mean known says no when you mean no mean yes when you. You have to swipe right think I'm a stud right. You don't have to learn the social coping mechanisms everything you want. You can have instantaneously everything you want instant gratification except job satisfaction and strength of relationships there aren’t no app for that. They are slow meandering uncomfortable messy processes and so I keep meeting these wonderful fantastic idealistic hard-working smart kids they just graduated school. They're in their entry-level job, I sit down with them when I go hasn't going they go I think I'm gonna quit they're like I'm not making an impact.

I'm like you've been here eight months it's as if they're standing at the foot of a mountain and they have this abstract concept called impact but they want to have in the world which is the summit. What they don't see is the mountain. I don't care if you go up the mountain quickly or slowly but there's still a mountain and so what this young generation needs to learn is patience. that some things that really, really matter like love or job fulfillment joy love of life self-confidence a skill set any of these things all of these things take time. Sometimes you can expedite pieces of it but the overall journey is arduous and long and difficult and if you don't ask for help and learn that skill set you will fall off the mountain or you will the worst case scenario the worst case scenario and we're already seeing it the worst case scenario is we're seeing increase in suicide rates we're seeing an increase in this generation we're seeing increase in accidental deaths due to drug overdoses.

We're seeing more and more kids drop out of school or take leaves of absence due to depression unheard of these are this is really bad the best-case scenario. The bet those are all bad cases, right! The best case scenario is you'll have an entire population growing up and going through life and just never really finding joy.It'll never really find deep, deep fulfillment and work or in life they'll just walk through life and it'll change just it's fine how's your job it's fine the same is yesterday how's your relationship it's fine like that’s. The best-case scenario which leads me to the fourth point which is environment.

Which is we're taking this amazing group of young fantastic kids would just dealt a bad hand it's no fault of their own and we put them in corporate environments that care more about the numbers than they do about the kids. They care more about the short-term gains than the long-term life of this young human being. We care more about the year than the lifetime, right! And so we are putting them in corporate environments that aren't helping them build their confidence.

Those aren’t helping them learn the skills of cooperation that aren't helping them overcome the challenges of a digital world and finding more balance. That isn't helping them overcome the need to have instant gratification and teach them the joys and impact when the fulfillment you get from working hard over on something for a long time. That cannot be done in a month or even in a year and so we're thrusting to them. Them in corporate environments and the worst part about, it is they think it's them they blame themselves they can't they think it's them who can't deal and so it makes it all worse, it's not I'm here to tell them it's not them it's the corporations.

It's the corporate environments it's the total lack of good leadership in our world today that is making them feel the way they do. They would dealt a bad hand in it and I hate to say it but it's the company's responsibility sucks to be you like we have no choice, right! this is what we got and I wish that society and their parents did a better job they didn't so we're going to we're getting them in our companies and we now have to pick up the slack we have to work extra hard to figure out the ways that we build their confidence. We have to work extra hard to find ways to teach them social.

The social skills that they're missing out on there should be no cell phones and conference rooms none zero and I don't mean the kind of like sitting outside waiting to text. I mean like when you're sitting and waiting for a meeting to start nobody go this is what we all do. We all sit here and wait for the meeting to start meaning starting okay. When we start the meeting no that's not how relationships are formed remember we talked about it's the little things relationships were formed this way we're waiting for a meeting to start me go how's your dad? I heard he was in hospital! oh he's really good, thanks for asking! He's actually at home there it was really amazing. I know it was really scary for them that's how you form relationships hey did you ever get that report on oh my god no I didn't. I'll help you out I totally uh can I help you out with that really that's how trust forms.

Trust doesn't form at an event in a day even bad times don't form trust immediately, it's the slow steady consistency and we have to create mechanisms where we allow for those little innocuous interactions to happen but when we allow cell phones and companies we just okay have a meeting and then my favorite is like when there's a cell phone there and you go like that you go it rings ago I'm not gonna answer that Mr. magnanimous.

You know when you're out for dinner with your friends like. I do this with my friends, when we're going out for dinner and we're leaving together we'll leave our cellphones at home. Who are we calling maybe one of us will bring a phone in case we need to pull a new booth or take a picture of our meal ideal it's been about the same I mean it looked really good we'll take one phone and so it's like an alcoholic. The reason you take the alcohol out of the house sweet is because we cannot trust our willpower.

We're just not strong enough but when you remove the temptation it actually makes it a lot easier and so when you just say don't check your phone people literally will go like this and somebody will go to the bathroom and what's the first thing we do because I wouldn't want to look around the restaurant for a minute and a half but if you don't have the phone you just kind of enjoy the world and that's where ideas happen. The constant, constant, constant engagement is not where you have innovation and ideas, ideas happen when our minds wander and we go and you see something on can do that that's called innovation right but we're taking away all those little moments right you should not and none of us none of us should charge our phones by our beds we should be charging our phones in the living rooms right remove the temptation you wake up in the middle of night cuz you can't sleep you won't check your phone which makes it worse but if it's in the living room it's relaxed it's fine. Hiya! but it's my alarm clock fine alarm clock they cost $8 I'll buy you but the point is we now in industry whether we like it or not we don't get a choice we now have a responsibility to make up the shortfall and to help this amazing idealistic, fantastic generation build their countries learn patience learn the social skills find a better balance between life and technology because quite frankly it's. It’s the right thing to do.

8 Things Poor People Do That Rich People DON'T

noreply@blogger.com (Dr. Sahib Dino) — Mon, 9 Mar 2020 02:10:00 -0700

8 Things Poor People Do That Rich People DON'T

By: John Crestani

One of the main differences between poor people and rich people is the way they think. Yes, that's the foundation of everything different between those two types of people. In light of that, what are the different aspects of this "poor person mentality" that need to be changed in order to think like the rich? In today's episode, I'm going to break it down for you, check it out.

Differences between the poor and the rich

1 - React to others / Make others react to them

2 - Give advice / Listen to advice

3 - Watch / Read

4 - Trade time for money / Trade results for money

5 - Saving / Earning

6 - Evil / Good

7 - Blame others / Responsibility

8 - Lottery / Action Mentality

Hey, I'm John Crestani, I'm an entrepreneur. And in this Article, I'm going to go over the 8 key differences between poor and rich people in terms of their mentality which is the most important thing that you can have. if you want to become successful. Keep reading and I'm going to explain all of the key differences to help you on that path to success if you're with me. Money isn’t that bad, right? Well, unfortunately there are a lot of people who think it is. And in this Article, I'm going to go over the mindset differences the poor versus the rich. But it's important for you to understand and I don't say this to brag. But I've made tens of millions of dollars in my business. And I earn in the top 1% of people in the United States for years. I became a millionaire in my 20s. And I run a business that does roughly seven million dollars per year without any employees.

So, I say that not to impress you but to speak hope you understand that I'm speaking from a place of some experience. Not as much as most. And not where I want to be. But hopefully I can convey a little bit of information to you about the differences between poor versus rich that you may not be learning in colleges. And obviously money isn’t that bad so let's not get too caught up in it. Let's get our minds straight.

Now, first thing to understand is poor people react. Poor people react to the notifications on their phone. Poor people react to the requests of others. Reacting to others will leave you in a cycle where you never fully define yourself. Rich people make others react to them. So, that's the important thing to understand between these 2. Now, for me, I realized that this was causing me to... It was taking up a lot of my time. And I actually turned off all notifications on my phone. I deleted social media apps from my phone. I get a text message, nothing happens. That little light, it doesn't blink. The buzzer, it never goes off. When that somebody calls me, it never rings. When somebody calls me, that blink light never lights up because I've made it so that I am never reacting to others. Others only react to me. And when I need to check my text messages or my emails, I go on my phone when I choose. As opposed to others telling me where my mind should go.

The next key distinction between poor verses rich mentality is that poor people give advice. You may have heard of the old dodge. We have two ears and one mouth. And that holds true for anything in life. You should be always being a better listener than you are an advice giver. Whenever I'm around people, I ask questions. Whenever I go in a lift cab or an Uber, I sit in the front seat and I asked that person about what is the local economy like. What is your culture like? What is the country are from like? I ask a million questions but I never offer advice. That's how you train your brain. That's how you learn. Giving advice doesn't serve you.

So, the next thing to understand is poor people watch. Whereas wealthy people read. I don't know how to explain this other than. You're going to get more knowledge from books. Watching TV and doing passive kind of passive kind of entertainment methods or outlets is not a way to train your brain to learn more. It's not a way to train your imagination to think of creative or original thoughts. Watching just allows you to experience life vicariously. Whereas reading allows you to create, you know, it forces your imagination to open up. It forces your mind to think on a higher level whereas the TV forces you to tune down and turn down your energy. Have you ever tried to talk to somebody who's been watching TV for an hour? And they're like this and you try to say something to them but they don't hear you? It's because your brain literally shuts down while you're watching screens or movies. You can't process things. You're literally dumping yourself down for a while. Instead of forcing yourself to think up by reading books. I read a lot of books. I read a lot of science fiction books. I read a lot of business books to always learn more. And read a lot of relationship books to help my relationship too.

The next thing to understand about poor versus rich is that poor people trade time for money. Whereas rich people trade results for money. Now, Elon Musk for instance will get paid 2.3 billion dollars over the next couple of years not because he was paid a high hourly wage. Not because who's paid him high monthly salary. It is because his stock goes up. Because he sold more Tesla's than his stockholders thought he would. I don't make my money because I charge people a high hourly wage to hire me to do marketing for them. I make my money because I get results for companies. I make more sales for them, I send them more customers and they pay me more commissions for my marketing efforts. A normal company wouldn't pay somebody $1,000 an hour but that's what I make on average a day, a normal company. But they will pay me to bring them results. If I create for them sixteen thousand dollars a day worth of business, they will happily pay me half of that because I created that and I can also turn it off for them at any point if I wish to.

Have you ever heard the old of Dodge a penny saved, is a penny earned? It's still a freaking penny. And you're not going to make money if you're focused on saving every single penny or nickel or dime that you make. That's a good way to stay poor. A good way to become rich is to earn. To focus on earning rather than saving. And frankly, when you don't have to worry about saving every dime, life is a lot more fun and you get a lot more freedom to do the things that you like. Now, I shoot this money gun up because... Well, first off, it's fun. But it also is to show you that a lot of people will hate on this. A lot of people think that this is crude. And you shouldn't treat money like fat, frankly. But the difference between poor versus rich mentality is that poor people think money is evil. That it's not good to have too much money. That you shouldn't put it in people's faces or you shouldn't do fancy things. You shouldn't buy a Lamborghini. Don't tell people about that yacht. Don't go on expensive trips in other people's faces. Money is not evil.

Rich people think money is actually the source of good. And when you have money, you're able to actually do better things. Whether that's... You know, for me it's being able to hire a nanny. You know, being able to hire doulas for my wife. Being able to have a nice house for my family. Being able to buy a horse for my daughter. Being able to build a horse trail in our backyard. You know for me and my daughter to ride horses on, etc. I believe money's great because it solves a lot of problems. And I believe it can solve a lot of problems for other people as well. I help a lot of people that are in my inner circle and a lot of people benefit. And I've made my students highly successful by being able to create innovate better and better training programs for them.

The next thing to understand is that poor people blame others. When something goes wrong, when the finances are bad, when you know, there's not you know, there's not enough work, right? Or "My boss is an asshole." Or you know... "Business is bad. The economy's bad. Trump's killing our economy." Whatever it is, it's always outside of yourself. It's never your fault. Nothing's ever your fault. Your relationship, it's not your fault that you have a bad relationship. It's her fault or it's his fault, right? Can't be your fault? You were late. You weren't late because it was your fault. You were late because there was traffic, right? And that traffic made you late. How many people here have used the traffic excuse? And if you have used the traffic excuse, just say "guilty" okay? In the comments, just go down there and write guilty. If you've ever blamed the reason you were late on traffic. It wasn't traffic. You didn't plan correctly. So, if you understand what I'm saying, type in guilty in the comments below. And frankly, if you are guilty of any of these things, type in "guilty".

Now, the last key difference between the poor and the rich mentality. It's the lottery versus the action mentality. Now, what this mentality is. Is that something good is going to happen to you? Eventually you will find that thing. Eventually you will come across that secret way to make money trading stocks or you'll figure out that secret real estate method. Or you'll come across the right internet guru and he will have the magical system which will make everything all right and he'll show you exactly how to step by step make money online. Now, the fact of the matter is if you have a lottery mentality, no matter which teacher you decide to follow, whether it's in YouTube or life or no matter what boss you decide to work for, you are going to severely limit yourself as chances at becoming rich. Whereas if you take the action mentality to life, you can become wealthy.

Now, I want you to imagine for a second that you are completely in control of your life. That anything you wish for can happen. Then anything you imagine that you want where you want to be you can have. But in order to have everything you want, you need to take full responsibility for everything that goes on in your life. Is your relationship where you want it to be? It's your fault. Or your finances where you want them to be? It's your fault. And is your health exactly where you want it to be? It's your fault. Now, you are completely in control of your life. And you can have whatever it is you want. But to do so, you're going to have to take control and realize that all of these things --your relationship, your finances, your health are your fault. And that's not an easy pill to swallow. It isn't. Really isn't. But it is. And once you realize that, then you're in control. Because now, you are the responsible one. And for those of you willing to play along with me and take responsibility, I encourage you let's look at this list again. Do you react to others? Others being your phone, your notifications, your messages, your texts, your whatsapp, your Facebook notifications.

You ever spend more time giving advice than asking questions? Do you ever watch more than you read? Do you ever... Do you trade your time for money rather than trading your results for money? Do you focus on saving rather than earning? Now, if you're willing to play along, type in the comments if one of those apply to you. Type in "guilty". Then after guilty type in "I...." Whatever you commit to. "I commit to not reacting to my phone" Or 'I commit to taking more action or reading more". Whatever speaks to you the most.

Commit to something. Taking responsibility. Whatever speaks to you the most? Commit to something and write it down. And put it out there in the comments for others to see because it makes it more real. Now, I hope this Article has helped you. And hopefully a little way. Because you know, as a teacher and as an entrepreneur and as a marketer, I feel it's my duty to help others grow as well and learn the same lessons I've learned. And if this has helped you in any way, I encourage you share this Article with somebody else.

Share this Article on your news-feed or your Twitter or your Instagram or whatever that may be. And subscribe to my blog if you'd like to read more articles. I go over lots of different ways that you know, tactics and strategies that you can do marketing or living or being entrepreneur like I have. And give this article a big like. And look forward to hopefully seeing you commit to something new in the comments. Talk to you soon.

The 3 Ways To Become A Millionaire

noreply@blogger.com (Dr. Sahib Dino) — Mon, 9 Mar 2020 00:03:00 -0700

The 3 Ways To Become A Millionaire

How many millionaires are there in the United States? What If I told you that just in 2018, 700K people became millionaires. And now try to guess the total number, it's in millions, to be exact, there are over 11 million millionaires just here in the US! And now try to imagine how many millionaires are there worldwide! the world is actually filled with millionaires! Every single day, thousands of people join the club.

However, If you give it a closer look, all millionaires can be divided into 3 categories, because, there are essentially 3 ways to become a self-made millionaire unless your dad will give you a small loan of a million-dollar, and that will be the fourth way. By the way, contrary to the popular belief. Only 20 percent of millionaires have inherited their wealth, the other 80 percent made it with their blood and sweat. In fact, out of 2604 billionaires worldwide, 56% of them are self-made. So even if you are not born with a silver spoon in your mouth, your chances to become one are reasonable. There are basically 3 financially paths you can take! Sidewalk, Slow lane, and The Fast lane!

1. Slow lane is get rich slow formula, or get rich old where you will be on a wheelchair! The Slow lane is your typical parent's advice: Go to school, get good grades, graduate, get a good job, save 10%, invest in the stock market, max your 401k, clip coupons…then, someday, when you are, oh, 65, maybe 70 years old, you will be rich. Congratulations, you have made it! The problem with the Slow lane is that you will have to sacrifice your entire life so that you can live your dream life when you are in a wheelchair. Which I don't really like because once you are old, you can’t get back young again, and Time is out of your hands. So as your income, you can’t double it or triple it every year, try asking your boss for a 100 percent raise, you will most likely get fired! So, If you decide to take this path, remember, you are not going to drive that Ferrari while you are young, you are not goanna travel and have adventures because it's quite difficult to do that when you are 70. You will live like a slave waiting for Friday to celebrate your freedom and then get back to slavery on Monday. If Buffet started investing when he was just 11 years and only made his first million by the age of 31. How long do you think it will take you to make even a million dollars when you haven’t even invested a single dime in the stock market yet and you are 25! Nonetheless, it’s probably the best strategy for most people.

Although you will have a boring mediocre life, you will have a financial plan that works! Even if it's not exciting. You will be a millionaire in 30 or 40 years. In fact, a considerable number of millionaires in the US have taken this path. It's safe, secure and guaranteed and better than the second option - The Sidewalk.

2. Sidewalker: The Sildewalkers are usually one step away from bankruptcy, because they are more bothered about living their dream life today and aren’t much into the future. They can even make millions of dollars but still, end up poor like a professional athlete or an actor. Your album fails, you get injured, and you get homeless and file for bankruptcy. Even if you have a prosperous carrier, chances that you will remain a millionaire after you retire are really low. 78% of NFL players are either bankrupt or under financial stress within 2 years of retirement. 60 percent of NBA players go bankrupt after 5 years of ending their career. Imagine making millions of dollars but still go broke. It sounds unbelievable, but that’s what happens when you decide to become a pro athlete. There isn't time for financial education, you have to work hard day and night to be at the top, and there will be people who are more talented than you or simply have better genetics. The numbers of athletes who end up making it to the pro level are less than 1 percent. While you are having the greatest years of your career, you get used to a certain lifestyle that’s completely taken care by your multi-million dollar salary, and once you retire its difficult to get back to an average life. So you go broke in few years. The numbers of athletes who build a sustainable business while making it to the top like Michael Jordan are an extremely small minority. And even those who end up earning 400 million dollars like Tyson did can still go absolutely broke! The worst part about it is that. With the rise of social media, everyone is taking the sidewalk. You pull out your phone and see how these people are driving ferries and living their dream lives. and You don't want to be left behind, You might be working hard, but whatever money you make, you spend it on the next great gadget, on the next trip so that you have something to post on your Instagram. On a more expensive car. Sidewalkers are trapped in such a lifestyle where they are driven by their urgent instant need for pleasure. Every dime you make will directly go to your car payment, clothes, whatever. You are not worried about the future because you think that someday, sometime in the future you will hit big. but you most probably won't. So it's not the wisest option to take!

3. Fast lane And then there is the Fast lane. The whole idea behind it is that, instead of sacrificing today for tomorrow or tomorrow for today. Get out and provide value to as many people as possible. You see most of us are consumers because to provide value, you need to have something first. And most people do not take the time and effort to build themselves up to a point where they will have something to give. Mark Zuckerberg became a billionaire in just a few years because he provided a platform to millions of people to socialize. If you give it a closer a look, the purpose of any business is to give value in different ways, the store besides your house provides you with the groceries, the restaurant downside the road provides you with the food. Your favorite YouTuber provides you with content that you find interesting. Amazon saves you the time and makes shopping much easier! And what makes this path much more appealing than the other two, There is no limit to how much you can make! You want to triple your income in the next 3 month, It's under your control! You don't have to beg your boss for a 5 percent raise like the Slowlaners do. And you are not scarifying your future like the sidewalks do because Fastlaners take that money and buy real estate, patents, businesses that will keep raising their income.

The challenge with the Fastlane is that you will have to spend first an enormous amount of time to create something that will truly bring value to a substantial number of people. Of course, it's not easy, and most people would never be able to do that, because the other path looks more appealing since that’s what being rich means to most people. But “When you finance an $80,000 Mercedes Benz over six years because that's all you could afford, that isn't wealth, but the impersonation of wealth. You are Fooling yourself. It still blows my mind how people travel while not having even a thousand dollars in their savings account. Wealth isn't embodied in a car or clothes but in the freedom to know that you can buy it. That's why it's easy to find self-made not only millionaire but billionaires who are cheap because they know that they have the freedom to afford pretty much anything anytime they want. On the other side, you have people who haven't paid their students loans yet but are completely comfortable to take another loan to show everyone how successful they are. People don’t choose to be poor.

They make poor decisions that slowly lead them into that direction. Conclusion So here are the 3 financial roads that you can take to become a millionaire. Of course, the Fastlane is the most rewarding one where you can become a millionaire in just a few years and stay one for the rest of your life., but its also the most challenging one, which is why most people won't take it, but being a Sidewalker isn't sustainable, that's why the Slowlane is probably the best option for most people. This Article is based on a book, the Millionaire Fastlane by MJ Demarco, It's a brilliant read which I recommend to everyone. It's quite different from all other books on this subject.

3 Best Habits of Rich People

noreply@blogger.com (Dr. Sahib Dino) — Sun, 8 Mar 2020 23:54:00 -0700

3 Best Habits of Rich People

By: John Crestani

Have you ever wondered why you struggle financially? Why you always seem to have no money at the end of every month? Or you've never been able to save up enough for your retirement? Well, the reason is because you have the habits of poor people. And the thing is rich people have different habits.

And in this Article, I'm going to be going over the 3 habits of rich people that allow them to continue making more money. It's not an act. Getting rich is not just an act. It's not like you pick up a lottery ticket and suddenly you're rich. It's not luck. It's a habit, it's a process that can be learned. And I'm going to be going over these 3 elements that are going to help you get embody the habits of rich people.

Keep reading and take notes and help take your life to the next level. So, I've made millions of dollars in my internet business. I have enough money to retire. And the thing you need to know is that rich people and poor people have very different habits. And you know, we do the same things every day. We just kind of go by the same cycle all the time. And in order to change you know your bank account from being less than a desirable to the point where you get excited to look at every time, your bank has more money in it. You've got to change up your essential habits. And these 3 things are the essential habits of rich people that I'm going to try to distill for you. I don't know everything. You know, I'm not saying this is the ultimate. You know, I'm not a billionaire but these are 3 things that I found that are very different from people with poor mindsets and rich mindsets.

Now, the first thing is that rich people count their money, okay? Count their money. Now, you would think that somebody like me you know, I'm making hundreds of thousands of dollars a month in my business would not feel the need to actually count all of my costs and look at what each line item on my credit card I was spending money on. And use mint and kind of categorize my expenses and where I'm over, where I'm under. But the reality is, is that I spend and many of the people I know who are very wealthy are crazy about counting where their money's going. Where it's coming from. Knowing exactly all of these different elements about their money. Poor people, they get a bill and they say, "Ugh!" You know, they get a tax bill at the end of the year that might be one of the only times they actually count their money. And poor people get a tax bill and they say, "Ugh! Screw it. Got to pay it." And they send their money to the government, right? But rich people, what we do is we look at the tax but when we say, "Hmm. Cool. Opportunity for negotiation. I wonder how much I can get this down." And I'm in the highest tax bracket, income wise and I probably paid closer to the lowest tax bracket because I negotiated. I found the deductions. I hired somebody who was knowledgeable in this space for a fraction of the money that it costs to save me the hundreds of thousands of dollars I did. So, we count our money. We figure out where it's coming from. What we can do to maximize things. What we can do to save things. We don't just go out and say, "Oh! Cool. I have a thousand dollars left in my bank account at the end of the month.

" Now, the second thing about rich people is that rich people pay themselves first. Pay yourself first. Okay. Now, paying yourself first does not mean buying yourself that car, getting yourself a vacation to reward yourself or it doesn't mean any of that stuff. What paying yourself first means is actually paying yourself a salary. Putting that money into 401k. Saving that up. Putting that in you know, expense everything you can through your business or through your company or whatever you do. You know, even as an employee, you can set up an LLC and expense everything through there but you pay yourself first, okay? I'm saving up money every single month even though I have very high earning power and I very high confidence in my business doing well. I always make sure that at the end of the day I am always making money before anybody else. It always happens. I'm saving up money for myself in my personal bank account, my 401k, etc. Pay yourself first and you'll do better.

Now, the third part of this is know how to improve your income. Now, I just got to take off my jacket for this because this part makes me angry. And people don't understand this. Knowing how to improve your income, you need to go to what I call the money equation, okay? What is your money equation? Do you even know what your money equation is? Everybody has a money equation attached to the back of their head. And you are only going to ever be as good as your money equation. Now, let's look at this, right? So, let's say you're working a job. You're getting paid $20 an hour, right? Your money equation is hours times $20, right? Very simple. The most your money equation can ever be is 168 which is the number of hours in a week times $20. Therefore the most money you can possibly ever make is around $12,000 a month, right? So now, you have a number. You know the most you can possibly ever hope to earn is 20 times the number of hours a week. But that's not feasible to actually do. You know, so you have to account for sleep and some of these other things. But either way, you have a very clear maximum to the amount of money. You can make this doesn't give a lot of opportunity for improvement. And even if you go for raises or promotions, probably the most you will get a raise for is up to 20% of your income.

So, that 12,000 you could times it by 1.2 and the most your money equation will ever get up to is about you know, 14-15 thousand dollars. So, that is a very real number. Your range is determined by the number of hours. Now, similarly, if you're working a salary job, your money equation is salary times the year. It's very simple. And that's the most you can ever make. Now, if you want to save up for retirement, if you want to save up money, if you're working in a big city, 12,000 a month isn't necessarily going to give you a lot of money to save you. In fact, $12,000 a month is actually just above the poverty line in San Francisco. So, you need to change your money equation. Another example of a money equation is if you are running an agency. Or if you're you know working on clients like a social media marketing agency like I used to do. I could only handle about 5 to 10 clients per month. 10 clients per month max was the amount of clients that I could handle. You know, just each client took more time. So my money equation was basically, I was charging $500 and it was times 10, okay? Now, my money equation was very limited, okay? And I had to change. You know, but my equation was basically clients times 10. Because I knew that was the most number of clients that I could personally deal with Phone calls and campaign builds and landing page builds per month. But I had a very easy way to change this. And I remember I went to an event in 2012, right? I was never able to replace the income I made from my job. I was making 6,000 a month and I could only manage 10 clients a month part-time.

Now, I went to this seminar. And this really tall man with big teeth and big hands, he forced me to question myself and ask me. And by the way, if you know who this really tall man with big teeth and big hands is type it in the comments. I'll give a big virtual hug to everybody who knows who I'm talking about. But this person asked me to question what am I doing. And if I continue going the same route, will I ever get to my goal? And I realized my equation is wrong. And I've got to change my equation. Now, my equation was I charged each client $500 per month. But when I realized that this I could change that. And I realized that I could change my own wealth equation and I could start charging clients $10,000 a month, right? This is what I did. And I realized I could do and I could make as much as $100,000 a month which is what I wanted to get to. I changed my wealth equation around. And I was able to get there.

Within a few months, I got 3 clients that were paying me $10,000 a month. Now, I had to talk to different people. I had to change up a little bit of what I was offering. Really, actually I just had to find new places, new prospects to talk to. And I was able to get to my goal a few years later of $100,000 a month in my business. 2 or 3 years later, I got there. And that was life-changing. But you have to understand know how to improve your income. Know your wealth equation and you will be able to figure out what you need to improve it. Now, I teach affiliate marketing and affiliate marketing is based on results. If you can sell one of these products, you'll get $50. If you sell 10 of these products, you'll get $500. So your wealth equation is based on results that you get for company. The results equation, the money equation built in allows for exponential growth.

Allows for unrealistic incomes by modern day standards. And if you just start mining in the right place, if you just start doing a business where your money equation allows you to reach whatever income goal you want, you can get there. But the point is you need to change your money equation around first.

Let's start realizing that poor and rich, they're mindsets put in to us by the media, by society, by the education system and by our family and we can change that around if we want to. So, dedicate yourself to getting there.

8 REAL Things Poor People Do That The Rich Don’t

noreply@blogger.com (Dr. Sahib Dino) — Sat, 7 Mar 2020 05:23:00 -0800

8 REAL Things Poor People Do That The Rich Don’t

Internet is filled with videos, Articles and books such as 10 things poor people do that the rich don’t or 15 things rich people do that the poor don’t or something along those lines. Many of them are quite interesting and are fun to read or watch but they don’t really explain the difference.

DO you really think that the difference between the rich and poor is that, poor people watch TV while the Rich don’t or rich people shower more often compare to the poor? Neither do I, if you suddenly start showering more often or watching less TV, you are not going to get rich because the real difference is in the mentality, in the way, the play the game of money. And in this Post, we are going to take a look at 8 things that poor people do that are keeping them poor.

Number 1, Poor People Play Defense. If you were to play any game strictly on defense, what are the chances of you winning that game? Extremely low or none, right? And yet, most people play the game of money exactly like that. Their primary goal is not to win or to be at the top but rather not to lose. They just want to pay all the bills and stay out of the debt. The problem with this strategy is that when your goal is too simply to be above the water, that's maximum what you will get. Of course, some people are little better than that, they save 10 percent of their income, invest it in the stock market and just hope that the stock market doesn’t collapse so that when they get old, they will have something to rely on. But until then, they will be locked into the comfort zone of a small paycheck! There is absolutely nothing wrong with that, but if your goal is to simply pay the bills, you will just stay wherever you are. If you want to create real wealth, you should stop playing defense and start playing offense and shoot for the stars. As a wise man once said: “If you shoot for the stars, you’ll at least hit the moon.”

Number 2, Next, Poor People Do Not Value Freedom When I say freedom, I do not mean living in a democracy or not. Freedom means living the life that you want, and not the one that someone else wants you to live, doing what you want, how you want and where you want! That's why you find a lot of people say: Money isn’t important! Don't make your life all about money! Or the most famous of them: Money is the root of all evils! And yet you find those people working all of their life from morning till evening for some pennies just to keep the bill collectors away from their house. Doing the job that they wish they can quite, not only because they hate the job, but they also probably hate their boss! And if they had the opportunity, they would quit that job. That's why money equals freedom! So, how do you expect yourself to chase money if you look at it as something negative? Rich people keep getting richer because it gives them more and more freedom to do with their lives what they want.

Number 3, Poor people work hard for their money it sounds a bit controversial, aren’t you suppose to work hard for your money. Let me explain. What do most people do if they want to make more money? They work harder to get promoted and if that’s not enough, they might consider working overtime or getting a second job. The problem with this is that, no matter how much you are paid, at the end of the day, your time is limited. And rich people perfectly understand that, so instead of working hard for their money, they let their money work hard for them. They look at money as a tool that can earn them even more money and not simply pieces of paper they can use to buy what they want like most people treat money. Of course, first you probably will have to work hard for the money, but it's temporary for the rich while it's permanent for the poor. Once you make enough where your money can replace you, you will have more freedom!

Number 4, Poor People Focus on Obstacles One of my friends wants to start a chain of restaurants. In fact, he has been telling me that for the last 3 or 4 years but every time I ask him why he hasn’t started yet, his typical response, I don’t have the money and I don’t want to get into debt. And that’s the problem. Poor people are constantly looking for something to go wrong. In these 4 years, he could have found an investor or at least saved up enough to start. He hasn’t even studied the market; he doesn’t even have a plan. He believes that if he gets the money, the rest will somehow magically happen. But what will end up happening is that, he will just come across another obstacle. It doesn’t matter what business you want to get in, there will always be obstacles, and there are millions of things that could go wrong. And if you are like my friend who isn’t doing anything but complains how difficult it is, you are probably in the same dark financial position that he is. Some people are even on a different level, even if they have the money and all the essentials, they will say things such as: What if it doesn’t work? What if people are going to know that I have failed! For God's sake, no one cares about that.

Number 5, Poor people chose to be paid based on time How often do you hear people say, I deserve to be paid 50 bucks an hour or 60 bucks. I have a degree from such and such school, I work harder than any else, I am smarter or more talented. You know what! No one gives a damn, would you watch this video because I have spent so and so hour creating it? What matters at the end of the day is how much value you can deliver. You might be working harder than Jeff Bozos, but Bozos will be making 4.5 million dollars an hour and you won’t because while you are complaining, his company is providing value to millions of people all around the globe.

Number 6, Poor People resent rich and successful people the other day. I was watching an interview with a successful and quite famous entrepreneur. Then, I scrolled down to read some of the comments and a lot of people were like. This douc bag doesn’t deserve to be on this Blog, he is a scumbag. And it really freaked me out, the guy worked hard to be in that position, Even if he has inherited some of his wealth, he is probably much more disciplined than you. Some people seem to have some kind of moral obligation to hate the top 1 percent or certain rich families. Here is a life hack! Instead of hating them, how about you join them!

Number 7, poor people think they know everything this is the most ridiculers’ one. What do people do when they face financial problems? They complain about it, there are bazillion number of things you can blame, starting from politicians that run the country and ending it with your boss. But if you tell him to pick up a book and learn even the basics of money management. He will tell you, this is my money and I know how to take care of it, well, if you have figured everything out, why on earth you are always broke. And then they will give you even more excuses. And it's not only about money but everything else. Haven’t you realized when people get into an argument, they try to prove that they are right, even if they are not, instead of trying to learn? And to be honest, I have had this mentality back when I was a teenager, I was quite stubborn. But then I realized that, If I keep going like this, I am never going to grow, So I stopped acting like I know everything, and start paying attention to my flows and How can I fix them.

Number 8, Poor People Mismanage their money knowing how to manage money isn’t something you are born with, but rather you have to learn. Just because you are making money, doesn’t mean you know how to manage it properly. People think that if they start managing their money, it will restrict their freedom. They don’t want to stick to a certain budget or think hard before buying something. They finally got the paycheck and they want to enjoy it. But the truth is, if you don’t manage your money, you will never achieve financial independence and that short term feeling of mindless satisfaction isn’t real freedom. And secondly, people think that you need to make a lot of money to manage it. Trust me, it gets way more difficult than you think and if you can’t even handle your paycheck properly, do you think you can manage 10 times that amount? By now, you probably have already realized that what makes poor people really poor is a poor mentality and not having money is one of the consequences of that. The good news is that you can change your mentality.

That doesn’t you mean, the next day you will be sitting on a pile of cash. No, but slowly, you will start looking at things differently, you will start thinking differently and instead of complaining, you will start taking advantage of all the opportunities that you are coming across and over time, you will improve your financial situation. A wise man once said: the best way to help the poor is not to become one of them. This Article is based on a book Secrets of the Millionaire Mind by Harv Eker. It's an amazing book, I would recommend everyone.

How the Rich Spend Their Days Which Poor People Don't Know

noreply@blogger.com (Dr. Sahib Dino) — Sat, 7 Mar 2020 05:01:00 -0800

How the Rich Spend Their Days Which Poor People Don't Know

10 Ways Rich People Spend Their Days Which Poor People Don’t Know about. Aristotle said, “95 % of everything you do is the result of habit”. People don’t wake up one day to become rich or poor. In fact, there have been several scientific studies to show that the way rich people live is quite different from the way poor people live.In this Article, we’ll be sharing with you 10 Ways Rich People Spend Their Days Which Poor People Don’t Know about.

No. 9 can get you angry but it will change your life after your anger. Hahahaha… If you’re new here, consider Follow the blog so that you won’t miss other interesting Articles like this. The Rich Get daily motivation if you’re an adult, you already know this… life is tough. Waking up every day is like facing a new battle. Unfortunately poor people never prepare for their day. They’ll wake up either to the TV, social media or newspaper. Rich people understand that the first thing to do in the morning is to get power for the day and that’s why they listen to or read inspirational books, meditate or listen to inspiring music. According to a study, 63% of wealthy people listen to audio books during commute to work vs. 5% for poor people.

Tony Robbins calls this “Hour of Power”. Your hour of power is the first hour of your day. You want to invest that hour to get the power for the day. You don’t want to leave your day to chances or going through it with an unmotivated spirit. Try this for 7 days and see what happens. When you wake up in the morning, don’t on the TV or check your social media profile. Pick up a motivational book or play an audio book for the next 15-20 minutes before you start your day. After 7 days, look back to see how better your days have been and you’ll see that you’re more motivated and happier than before. The Rich Set daily goal According to a study 81% of wealthy people maintain a to-do list but only 19% of poor people do this. Earl Nightingale said “people who set goals achieve more because they know where they are going” It’s unfortunate but true, more than 90% of people in our world don’t know where they are going. You don’t want to dive through life just getting busy. You want to know where you’re going.

Successful people wake up every day to have an idea of what they must get done in the day. Some write this as daily to do list while some simply read out their weekly or monthly goals. Listen. Your life is short and you can only get something out of it if you focus on things that are really important. Setting daily goals or having to do list will get you focused on what is truly important. The reason why people easily waste time is because they don’t set goals. If you set daily goals, you’ll be ashamed of yourself if after the whole day you do nothing to pursue your goal. The Rich focus on few things According to a study, 80% of wealthy people are focused on accomplishing some single goal while 12% do this. Steve Job talked sometimes ago about his motto for life and it’s; “Focus and Simplicity”. Steve Job did this both for his personal life and for his companies. Listen. You’re not super-human. You only have 24 hour in a day out of which you’ll spend almost half sleeping, resting and doing some necessary but unproductive things. Multi-tasking isn’t strength. It’s a weakness. If you want to go far in life, you’ll have to focus all your resources, time and life on only few things. Sit down and decide few things that are truly important to you and trash every other thing.

The Rich Learn every day According to a study, 86% of wealthy believe in life-long educational self-improvement while only 5% of poor people think this is right. Before Donald Trump became the U.S president he wrote about how he woke up every 3 am to read. Warren Buffet read 80% of his working hours. This is not to suggest that you should read 8 hours every day but to inspire you to improve your mind every day. But why is this important? You see, life is too complex and the whole thing you go to school to learn is how to be a slave of other people, I’m sorry.

To get the real education which will allow you to be rich and successful, you have to be curious and learn every day of your life. Your degrees aren’t education. It’s a paper. To be truly educated, you have to learn a new thing every day. Ask question. Read good books. Listen to good audio books. Learn. Learn. Improve your mind and your life will be improved. The Rich Say No! The most powerful word in English is NO. People hate to hear it but they need to hear it every day. We hate to say NO to many interesting things in our life but we have to learn how to do that. Becoming successful isn’t easy. It requires a long, long journey of daily discipline. What’s discipline? Discipline is saying NO to sweet or interesting things, if they don’t help us to become better persons.

For instance, poor people are almost always ready to spend money on things they don’t need, just because they want to impress others or because they found such thing interesting. Hanging out with friends who add no value to your life, partying simply to enjoy yourself, sitting down simply to gossip etc. are some of the things you have to learn how to say NO to if you want to become successful. The Rich Do the hard thing first Brian Tracy in his book “Eat That Frog” wrote about the importance of doing the most important thing first thing in the morning. The wisdom behind this is very simple. If you’re like most people, morning is likely to be the most productive time of your life. In the morning, you’re renewed and energized and that’s why successful people spend that time to focus on very important things first.

We all procrastinate and that’s fine provided you’re procrastinating on little things. Don’t wake up in the morning to tackle things that are easy. Tackle things that are difficult and important to your overall progress first thing in the morning. I know someone who gave himself a simple rule, “Never check social media in the morning” Maybe a similar rule can work for you. If you can do away with the TV, Social Media and News in the morning, you can invest your first 5 hours in the day to tackle truly important things and this will help you to succeed faster than most other people. The Rich Visualize success Poor people may try new things but they’ll be uncertain about what the result may be. As for the rich, they always and daily visualize success. Because the rich always expect success, they could put more efforts into getting it. The Rich Avoid Junk Foods Study has shown that 97% of poor people eat more than 300 junk food calories per day. The same study shows that 77% of poor don’t do meaningful exercise.

Eating junks and does no exercise? Hahaha… You see, your health is the most important thing you’ve got. If you lose your health or operate with a low energy, you can’t perform at your best and you can’t succeed or become rich. Watch what goes into your stomach because it determines what comes out of your health. The Rich Avoid reality TV & Social media Study shows that only 6% of wealthy people watch reality TV while 78% of poor people do. How many truly successful people do you know who post selfie on social media every day? You need a low self-esteem to do that and the rich don’t have low self-esteem. We’re not speaking against social media or TV but we think anything that takes several hours from you every day has to be something that makes you a better person. Believe me, the more entertainment you need every day, the poorer you’re likely to be.

The Rich avoid gambling the most popular indigenous website in my country is a gambling website. All over the world, one of the most popular activities is gambling because poor people always expect luck. Well, luck isn’t what you should expect. Luck is what you should go out to look for. Luck is in the bush. Get out and look for it. In summary, if you want to be rich and successful in life; Start your day with motivation Set daily goals that will keep you focused Learn every day Visualize yourself a successful person Say NO to unproductive activities Don’t multi-task. Focus on few things that are most important Do the hard things first thing every morning Avoid junks foods so that you’ll be healthy Avoid spending too much time in front of the TV or social media Gambling is for the losers

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Use This To Control Your Brain - Mel Robbins

noreply@blogger.com (Dr. Sahib Dino) — Sat, 7 Mar 2020 04:43:00 -0800

Use This To Control Your Brain
IT TAKES 5 SECONDS! USE THIS TO TRICK YOUR BRAINBy: Mel Robbins

There are so many people in the world and you may be reading this right now and you have these incredible ideas and what you think is missing is motivation and that's not true because the way that our minds are wired and the fact about human beings is that we are not designed to do things.

That are uncomfortable or scary or difficult our brains are designed to protect us from those things because our brains are trying to keep us alive and in order to change in order to build a business in order to be the best parent of a spouse to do all those things that you know you want to do with your life with your work with your dreams you're going to have to do things that are difficult uncertain or scary which sets up this problem for all of us. You're never going to feel like it, what do you think that is oh I know exactly why that is because I've studied this so much because for me one of the hardest things to figure out was, why is it so hard to do the little things that would improve my life and what I've come to realize is that the way that our minds are designed is our minds are designed to stop you at all costs from doing anything that might hurt you.

The way that, this all happens is it all starts with something super subtle that none of us ever catch and that is with this habit. That all of us have that nobody's talking about we all have a habit of hesitating. We have an idea you're sitting in a meeting you have this incredible idea and instead of just you know saying it you stop and you hesitate now what none of us realize is that when you hesitate just that moment that micro moment that's small hesitation it sends a stress signal to your brain it wakes your brain up and your brain all of a sudden goes oh wait a minute wait why is he hesitating he didn't hesitate when he put on his killer spiky sneakers he didn't hesitate with the really cool track pants he didn't hesitate with the NASA tee shirt now he's hesitating to talk something must be up then your brain goes to work to protect you it has a million different ways to protect you one of them is called the spotlight effect, It's a known phenomenon where your brain magnifies risk to pull you away from something that it perceives to be a problem and so you can truly trace every single problem or complaint in your life to silence and hesitation those are decisions. What I do and what's changed my life is waking up and realizing that I'm never going to feel like doing the things that are tough for difficult or uncertain or scary or no so I need to stop waiting until I feel like it and number two.

I am one decision away from a totally different marriage, a totally different life, a totally different job, a totally different income, a totally different relationship, with my kids not like one decision I'm divorcing you in in the marriage example but one decision on you know you could be having a conversation with your spouse and you feel your emotions rise up and within a tiny window those emotions can take over and can impact. How your marriage goes or you can learn. How to take control of that micro moment and make a decision to act in a way that actually shifts your marriage your life comes down to your decisions and if you change your decisions you will change everything in the scheme of life hitting the snooze button is not that big of a deal but here's the thing about life none of us wake up and say! Today is the day I destroy my life.

What we do is we kind of check out because it feels overwhelming or we check out because we're afraid or we check out because we start listening to self-doubt and then we make these teeny tiny decisions all day long. We don't even realize it decision to not get up on time a decision, to not eat the right thing a decision, to snap at your kids a decision, to not speak in a meeting a decision, to not look for a job a decision, to not deal with your finances a decision, to not call your parent like whatever it is all day long these tiny decisions that take you so far off track and then you wake up like I didn't and you look at your life and you think how the hell did I get here and more importantly how do I get back over there and you have no idea and so I was so trapped and I know from your story you felt the same way like you knew that.

There was more in store for you but you couldn't figure out how you closed that gap how you find the power that's in you how do you discover your greatness. How do you solve these problems it feels so overwhelming when you can't I mean I would go to the grocery store and the items would scan and I would be sitting there reading my excuse because there was no way that my check fur was going to clear. I got in this struggle with myself that a lot of us find ourselves in and that is you get trapped in. What I call the knowledge action gap you know, what to do but you can't seem to make yourself do it right. I mean every one of us is one Google search away from a list of instructions that if you follow any of them one, it will change your life but how do you get out of your head and stop thinking about what you need to do and actually do it and in my case this stuff was pretty easy get up on time make breakfast for the kids get them on the bus start looking for a job, don't drink so much instead of isolating yourself pick up the phone and call a friend get yourself out into the woods and go for a walk start running again it's like all these little things that I was capable of but I couldn't get out of here, could not get out of here and if you're stuck that's the problem.

The problem is you're in your head you're thinking, when you set goals when you have an intention on something that you want to change about your life your brain helps. You what it does is it opens up a checklist and then your brain goes to work trying to remind you of that intention that you set and it's really important to develop the skill and I say that word purposefully the skill of knowing how to hear that inner wisdom and that intention kicking in and leaning into it quickly so for me my brain saying that's it right there move as fast as a rocket. Mel I wanted to change my life and I think most people that are miserable or that are really like dying to be great and dying to have more, we want to change we want to live a better life, we want to create more for our families, we want to be happier, the desire is there again. It's about how do you go from knowledge to action so the first thing in the story that's important is realizing that the answer was in me and my mind was telling me pay attention.

Anyway the next morning the alarm goes off and I pretended NASA was there it's a stupidest story I literally went 5 4 3 2 1 I counted out loud and then I stood up and I'll never forget standing there in my bedroom it was dark it was cold it was winter in Boston and for the first time in 3 months I had beaten my habit of hitting the snooze button I couldn't believe it and I thought wait a minute counting backwards said is the dumbest thing. I've ever heard in my entire life well the next morning I used it again and it worked the next morning I used it again and it worked the next morning I used it again and it worked and then I started to notice something really interesting there were moments all day long all day long just like that five-second moment in bed where I knew knowledge what I should do and if I didn't move within 5 seconds my brain would step in and talk me out of it every human being has a five-second window might even be shorter for you have about a five-second window in which you can move from idea to action before your brain kicks into full gear and sabotages any change in behavior because remember your brain is wired to stop you from doing things.

That are uncomfortable or uncertain or scary it's your job to learn how to move from those ideas that could change everything into acting on them when you understand the power of a 5 second decision and you understand that you always have a choice to go from autopilot to decision-maker everything in your life will change. You will be a different negotiator, you will be different sales, you will be unstoppable in the gym because you will realize the amount of garbage that you put in the way of your hopes of your dreams of your potential of your confidence of your courage everything comes down to the decisions that you make we all know what to do none of us know how to make ourselves do it. I started researching it why does something so stupid work. Why something does so silly create such powerful and profound change well here's why the rule is a form of meta cognition.

Meta cognition is a fancy-pants terms that means something real simple you can outsmart your own brain in furtherance of goals they're tricks that you can use that actually outsmart the tricks your brain plays on you in furtherance of a higher purpose we all know this you can restrain yourself if you're in a situation that calls for it you can jump into a raging river to save your dog or your kid you can direct yourself in ways if it's important to you and so the rule what it does is it does something really remarkable when you count backwards 5 4 3 2 1 what you're actually doing is you're interrupting what researchers call habit loops that get encoded as closed loop patterns in your basal ganglia that's the part of the brain where your feelings or your emotions every habit that you have which is nothing more than behavior that you repeat that you don't even think of it and so when you go 5 4 3 2 1 it interrupts what's going on here that's spinning without you thinking and it moves and awakens your prefrontal cortex so when you hit one your habit has been interrupted so you've interrupted self-doubt you've interrupted maybe snapping at your kids you've interrupted the desire to grab for a drink you've interrupted procrastination.

You've also by counting backwards done an action it's awake and your prefrontal cortex that is the part of the brain that you need that's awake when you're changing behavior when you're learning new things. When you hit one it's also a prompt so in the language of research you'll hear people talk about starting rituals that is that is something that's proven to help you learn a new habit.

The five-second rule when you repeat it becomes a starting ritual that triggers you to act with confidence. That triggers you that this is a moment for courage that triggers you to shift gears and because you've also done the manual work of awakening.

The part of the brain that you need to change, you've set yourself up for success it doesn't work if you count up because you can keep going and also counting up doesn't require focus if you count backwards 5 4 3 2 1 it again awakens the prefrontal cortex and it prompts you to move when you start to use it and then you read about it you'll see that that it's being used all over the place. They use it in the armed services in order to align troops and get them to start an exercise they use it at elementary schools 5 4 3 2 1 a big assemblies to get a huge room full of kids stop talking simple and interesting example yeah because it requires you to focus it's not a habit it will become a habit that prompts you to have confidence courage but in the beginning it interrupts patterns of behavior that you do an autopilot it helps you assert control and it teaches you how to become the kind of person that moves from thinking about something to actually doing it.

I think we're all flawed and that's the beauty of which you are and instead of trying to make yourself perfect in every area it's so much easier. When you accept the things that you're terrible or at or that are your weaknesses or that are the things about your wiring look. if I were diabetic I would take insulin. I happen to be somebody that's wired for anxiety no big deal so figure out how to instead of fighting those things actually trick it because the truth is that you're never gonna feel ready to make these changes you're never gonna feel like doing them but you can always make a decision that's always in your control staying with somebody that treats you like garbage is a decision it is staying at a job that you hate is a decision staying in the body that you are not proud of is a decision is it going to be easy no it's not gonna be easy to change it's simple to a Google search and then use the five-second rule to force yourself to do that stuff change comes down to five second decisions and this is why the five-second rule is important for everybody to know it's your job to push yourself and I don't care if you're Dr. Martin Luther King jr. or your Michelangelo or your lin-Manuel Miranda who wrote Hamilton you will struggle with self-doubt and everybody that you admire everybody and the list is the same for every 200 Oprah Winfrey and I want to be like you know Tom and I want to be like you know Bronson and I want to be like jay-z and I want like everybody's listed a Bill Gates and do you know what those people do they do not have the habit of hesitating they trust themselves you.

Why The Rich End up Poor But The Wealthy Enjoy Life

noreply@blogger.com (Dr. Sahib Dino) — Sat, 7 Mar 2020 04:28:00 -0800

Why The Rich End up Poor But The Wealthy Enjoy Life

In 1997 Robert Kiyosaki published a personal finance book called Rich Dad Poor Dad. The book instantly became a phenomenal success and in no time catapulted Kiyosaki to the world of fame. In one of his books he mentions that there is a disparity between being rich and being wealthy and he went on and said something surprising that the rich have lots of money but the wealthy don't worry about money. And I found this very interesting because I've always thought that the two go hand in glove that if you're rich then you're also wealthy and that if you're wealthy then you're probably living a very comfortable life. But this isn't always true, when I think about someone who's rich, I think about someone with a lot of money and I typically think about someone who's quite showy with their money.

They drive fancy cars and live in a fancy house they wear fancy clothes and eat at fancy restaurants. Growing up I wanted to be rich, I wanted to own a big house, live in a fancy neighborhood, drive a luxury car and buy expensive clothes, I wanted to sit in the best seats at sporting events and travel the world any time I wished. Heck I wanted to go to Mars and I've got to be honest some of those things still sound good to me now.

Kiyosaki said the rich have lots of money but the wealthy don't worry about money. I thought about this for a while, the wealthy don't worry about money. Growing up I've lived in a relatively financially stable family, we're not rich but we're not poor either we're middle-class if you will. Both my parents work nine to five jobs and they work really hard to provide for me and my siblings somehow they've managed to pay for mine in my siblings tuition while at the same time making sure we have food to eat and a roof over our heads. I can't say things have always been rosy there have been months where money was a serious concern and we weren't sure whether they would manage to pay for all our tuition, bills, and expenses. I watched my parents struggle and I didn't ever want to live a life like that and when I read that statement the wealthy don't worry about money.

I thought to myself well that must be a really nice thing to have. Imagine never having to ever worry about money, who wouldn't want that? I want to be wealthy and rich so I decided to do a bit of digging to try and find out the difference you see having lots of money is nice and all but I believe not ever having to worry about money is even better. So after a bit of research this is what I found out and I think this might surprise you a lot. There actually is a difference between being rich and being wealthy. The simple difference between a rich person and a wealthy person is that a wealthy person has sustainable wealth, in other words a wealthy person will always be wealthy. Whereas someone who is merely rich will only be rich for a short period of time until the money runs out. I'm sure a lot of you have heard stories of rich actors, celebrities, professional athletes and so on who were once living fancy lifestyles with big houses, nice cars, expensive clothes and vacationing all over the world, but are now on the verge of financial bankruptcy because of poor financial skills and trying to sustain this kind of lifestyle for many years.

You've heard of the lottery winner who went to bed one night in debt and woke up the next day an instant millionaire, but due to poor financial management, ends back up where they started or in an even worse situation. So let's use Lucas as an example, Lucas is a surgeon with an annual income of $310,000 most of this income is earned from his work with only 5% coming from some investments a couple of his colleagues enticed him to invest in. By all accounts and standards, Lucas is a rich man, he has a big house, he's living in a good neighborhood, he has two luxury cars, one for himself and the other he bought for his wife. His children go to good private schools and he has membership in the local Country Club. So clearly Lucas has lots of money at his disposal, so he uses this money to make sure he fits in and looks the part of a respectable surgeon in society, obviously Lucas has expenses, as does every other person, he has a mortgage to pay, he has transportation costs, he has to feed his young family, he has to pay health insurance, he has to pay taxes, he has to put aside money for his kid's college fund and he has to buy another expensive anniversary gift this year. Did I mention the annual vacation he takes with his family? When you subtract these expenditures from his annual income, then remove the savings and the little investments he makes here and there, Lucas is not left with much. In total Lucas spends about $21,500 every month on expenditures and he has savings amounting to $43,500 in his bank account. And so since wealth is defined as the status of an individual's financial resources to sustain the individual's way of living, for a long period of time even if the individual stops working.

In essence, this is money coming in on a consistent basis that's able to sustain your current standard of living for many years. This means that should Lucas lose his job today together with all the benefits accruing from it, Lucas should be able to feed his family for only two months. After which he'll immediately need to find an alternative source of income. Lucas is rich, he's not wealthy. Now let's look at an example of a wealthy person. Kiyosaki said that while the rich have lots of money the wealthy don't really have to worry about money. Let's look at Bill Gates. Bill Gates is one of the richest men in the world he's a business magnate, an investor, a philanthropist, a humanitarian and an author. As of early 2018, Bill Gates was worth a mammoth $97.4 Billion Dollars. It's estimated that every second, Bill Gates earns about one hundred and thirty dollars, which translates to around $78,000 every minute. This is to say that in an hour bill makes more money than Lucas earns after a whole year of working, yet Lucas is considered rich. Being wealthy is essentially being financially free.

This means that you don't live paycheck to paycheck and you don't necessarily need to make any more money over a long period of time, because you have enough money saved or passive income flowing in from your assets and investments to maintain your current lifestyle for the rest of your life. Bill Gates doesn't actively work for the $135 that he made this second or the almost $78,000 he will learn by the end of this video. This is passive income that he gets in his sleep when he is playing golf and when he is giving away four billion dollars annually to cause us that he cares about. Wealth is sustainable richness, basically a rich person who never runs out of money. If Lucas quits his job today, he will most likely get bumped into the middle-class. If Bill Gates decided to retire today and become a sedentary person who eats sleeps and eats again, he could maintain his current lifestyle for the next 213 years. But you don't necessarily need to have gates kind of money, or own a large business like Microsoft. As long as you have income flowing in that you're not directly working for, such that if you were to stop working today but you can still maintain your current standard of living, then you are considered wealthy.

Usually when you think of a rich person, you think of someone who buys both their wants and their needs. You know the $5,000 suit, the $3,000 watch, a luxury imported car, usually German made. The big house on the beach and so on. Just because someone exhibits these "Rich behavior’s" it doesn't mean that they have their personal finances in order, sometimes these people you consider rich are actually living paycheck to paycheck or drowning in debt. Many people who say I want to be rich aren't actually looking for financial security, what they want is the social status and prestige they associate with a million dollars Club. So now I pose this question to you, do you want to be rich or do you want to be wealthy? and if so how?

You Will Never Be Poor Again | START DOING THIS TODAY!!!

noreply@blogger.com (Dr. Sahib Dino) — Sat, 7 Mar 2020 03:58:00 -0800

"You Will Never Be Poor Again" | START DOING THIS TODAY!!!

They don't want what we know out there. They'll never get those on CNBC But our school system will never tell us it does their part of the posse Fake money, fake teachers, fake asset, and fake future and stay back. I know the game of the rich, my rich dad taught me, You know it, because you're the banker , the bankers are the rich plays it’s different than what they teach you in school all over the world.

What the school teach you about money? And the answer is nothing, and that's not a mistake that’s not an accident I knew that most people know that. The way to keep the poor and middle class working hard has never taught them what the rich know. So if you read “Rich Dad Poor Dad which came out in 1997.” It's, what the rich teach their kids about money the poor middle class do not, Poverty Hurts.

I mean, I don't like it And I don't like that our academic systems so corrupt, we know the banking system is corrupt. We know politics is corrupt but academics are just as corrupt.I mean one thing if it's the banking and the politics but this is where we send our children and we trust them to do the right things for them and yet, they're being not taught something so fundamental. Like you asked your dad when you were a kid, Dad...you asked your teacher, When are you going to tell or teach us about money? And it was just…

Never! And they'll never will, you know something what do you know? Share it! What is financial education? It's not get a job, work hard, save money and invest in a well-diversified portfolio, Stocks, bonds, mutual funds and ATFs. The financial industry is two things, debt and taxes.

In 1971 Nixon took the dollar off the gold standard and the US dollar became debt and we still tell kids to go to school get a job, Work hard, save money and get out of debt. Now who tells them to do that? That's the most ridiculous thing. The book starts and it says, line number 1: Saving money will make you rich.

Yah, it never will, you know that all. We were all taught that as kids. Why would you save it? And why would you work for it, if they can print it? And faster than you can work for it. Why do you keep saving when they're printing it? Rich don't work for money. Don't you touch that stuff?

[Interviewer] It's very subtle. Yeah, they don't say I'm going to train you to be a worker bee the rest of your life. But they educate you in a way where that's what you come out, Right!

What else, what was he trying to do those first few months when you were working for him? What was he trying to get across you? Because he taught you the hard way about money, Let’s just say, if you’re going to be a successful in your lives, you’ve got to find the best teachers, and a great teacher is somebody who comes from the inside, not the outside But in school, you don't know if your instructor is for real or not. That's where the fake teacher comes from. I Said, I want you to teach me about money. So it was so why should I teach you? He said but it if I teach you work for me for free And I said why for free my dad my poor debt whatnots. He says is if I pay you, think like an employee. Your brains will your brain will change if you learn never to work for money, you'll be a rich man And this is powerful once you give someone a paycheck their brain turns off, right because it had been the promise of a pension Right and job security which is kind of a paycheck in disguise Correct After you stopped give the man a fish eats for the day, teach him to fish eats for a lifetime and most poor people confuse Assets and the liabilities. They think their home is an asset. It's actually a liability right an asset. Is a noun like a house? Cash flow is a verb, so to understand if it's an asset or liability. It takes a noun + verb.

So if the cash is flying out of your pocket, it's a liability. If the cash is flowing into your pocket has it burn? That's it. So I own 7,000 rental properties also assets every month the cash flows in. Where as many people have the big house of the hill and the cash is flowing out right now. They're going broke, right? It's like a frame of mind the other thing the poor don't understand is the number one expense for most people as taxes and Yet we don't even see it. Isn't that weird you walk around and you look at the paycheck and say oh! that doesn't seem right and you don't realize that. The government's got a huge hand in your pocket and you are doing nothing to minimize that again.

This is what was very different about the rich and the poor. The rich don't work for money is number one expensive tax See, there are three kinds of income earned portfolio passes. So earned income is if I get a job that's earned income if I'm a doctor or a programmer. That's burning because I'm working for if I buy US by pilots an apple for ten dollars I sent over 20, that's Portfolio income capital gains. Yeah But passive income which is cash flow. Is never taxed? That's all of these guys are screaming right now in America tax, too Rich as a good luck because most of the guys complaining they don't know the three kinds of income and the rich don't have jobs. Anyway, they have assets And so the average small out there poor guy, you know sent the kid to school. They don't learn this. You see very few people will buy what I do, Make a million dollars and pay zero tax and my rich dad taught me that playing Monopoly. That's how it started, you know for green houses one red hotel Or the McDonald's for me. I write about it McDonald's Ray Kroc. Yeah McDonald's is in the real estate business. So they sell hamburgers, but they buy real estates. They pay no taxes. You know this guy Bezos, but he's sixteen billion dollars. How much tax did append on 16 billion? And that's all legal, anyone can do it. It everybody could to put everyone most people lack the education. So once you learn how to use debt as money you can never say I can't afford it because the banks will give you, so the banks after the crash of 2008. The banks gave me 300 million dollars tax-free when they asked the average guys that can you, why don't you use a debt?

They can't even get a loan because there are scores their FICO scores when only we have them here are so bad. The school teachers will never tell you about because they don't know, its my poor dad. Never knew that. You don't know if something as an asset a liability. Until you can see which way the cash flows. So a house is that it hasn't a liability well, if it's taking money from your pocket, it's liability. It's putting money in your pocket, it’s an asset. The US government wants me to provide housing, Wants me to provide jobs, and wants me to borrow money because that's how money is created through debt. I get huge tax breaks. Everybody can do the same thing if they had the financial education to do it. If people understood the tax code we'd be more prosperous but can poverty be passed through genetic. Yes, because it's some type of way of thinking it's an attitude. It's very simple when I wanted people ask you, How do I stop it? I just never say I can't afford it ask yourself, How can I the reason I have so much money is because I don't say I can't do it. I just got how can I do? And I guess one to it. I make a lot of mistakes But that's how I learned, how can I and poor people like my poured that always that I can't afford it. You think I'm made of money? I'm a school teacher. I can't do that and I picked that up and my rich dad never said those words. So when I make poor people that use the words, I can't a lot, So the people that said I can't afford it. I can't do this. I can't get to college the rich. Are you able them? I choose not to participate in that and that's one thing people could change today Right now is that dialog in their head to stop saying the word can't I can't right.

So, how can how can I especially as in I can't afford it. How can I afford that because that opens them up to looking at it as an investment to a greater future? Right, you know when I borrowed three hundred million dollars, I couldn't do it when I told I went to ask And I got turned down so many times as a hill and every time I showed the back of my financials they go, Sorry, I said look do me a favor. Why did you turn me down? You tell me, your business out. The numbers are out here. So I get these numbers fixed. Can I come see you again? Because sure so it's called rejection same as my wife rejected me for six months. It's just a matter of personal willpower was a spiritual to signal if they can do it. I can do it and how can I, how can I, and I think it's you once said words become flesh. Yep. I was a Bible to Intelligence increases through your mistakes through the ups and downs of what you've learned Real Estate's, real estate what I learned made me enriches not the money. You don't need money to make money, you know, I think all of us every human being has at low point in their life and if they get the message a new life begins.

If you don't get the message they keep going down. The richer I got was because I didn't need any money I could use this to make money, but how did I get there? So I made a lot of mistakes People are afraid of making mistakes and all those for fear of failing. So many people trapped in the same device.

The compound effect quotes By Darren Hardy with Quote Images

noreply@blogger.com (Dr. Sahib Dino) — Thu, 27 Feb 2020 02:36:00 -0800

The compound effect quotes By Darren Hardy with Quote Images

I really think that you simply are about to enjoy this powerful collection of Darren Hardy Quotes.
Darren Hardy is a new York Times best selling author, keynote speaker and also the former publisher of SUCCESS magazine. I first heard of Darren Hardy by reading his wonderful goal setting book ‘Living Your Best Year Ever’.

Darren Hardy started his first business when he was just 18 years old. He was executive producer and master distributor of The People’s Network and president of The Success Training Network. Darren Hardy is well known for his popular books ‘The Compound Effect’ and ‘The Entrepreneur Roller Coaster’.

He was awarded the ‘Master of Influence’ designation by the National Speakers Association (NSA) in honor of his professionalism in public speaking.

I have compiled below, a beautiful collection of the best Darren Hardy quotes that will have you feeling motivated, inspired and totally empowered to realize your goals!

The compound effect quotes By Darren Hardy with Quote Images

"You will Never Change your life until you change something you do daily. The Secret of your success is found in your daily Routine."

Darren Hardly, The Compound Effect

“In essence, you make your choices, and then your choices make you.”