Sunday, 29 October 2017

Jump (Steve Harvey) Motivational Video!

Steve Harvey shares what every successful person is going to have to do. You are going to have to jump if you are going to see yourself reach your potential! This will seriously inspire you!

Friday, 27 October 2017

Purpose and the Value of Money by J.D. Roth

I mentioned the other day that my financial philosophy has changed a bit since I left Get Rich Slowly in 2012. One of the biggest shifts is where I believe we should place our focus.

In the olden days, I thought money itself was a fine focus. I wanted out of debt. To achieve that goal, I needed money. Today, I view debt reduction as a side effect, not a goal.

After I got out of debt, I wanted to build my savings. To achieve that goal, I needed money. Today, I view savings as a side effect, not a goal.

After I built a modest nest egg, I wanted to gain greater wealth. To achieve that goal, I needed money. Today, I view wealth as a side effect, not a goal.

After I gained greater wealth, I realized something. I’d been chasing the wrong thing. What I really wanted was happiness, and happiness isn’t something you can just go out and grab. Just as debt reduction, savings, and wealth are side effects of certain choices, happiness too is a byproduct of our choices and the lives we lead. Happiness comes when our actions are aligned with our purpose.

Gradually, I came to understand that purpose was actually my goal all along. Truly, it’s the goal for each of us. When we have a purpose, and when we’re able to pursue that purpose with passion, everything seems to fall into place.

None of this is new, really. People have been thinking about this and talking about it for centuries. For millennia. But each of us needs to come to this realization on our own.
Some folks never have this epiphany, and that’s fine. But for those of us who do experience it, it can change our lives. It changes how we view our work, our play, our relationships — and our finances.

The Real Value of Money

This is all on my mind because a couple of weeks ago, I read an article from Mark Manson on the real value of money. Money, Manson says, is merely a store of value — one of many stores of value in our lives. It’s not that money is intrinsically valuable; it’s that it represents value.
He writes:
Money is a touchy subject. That’s because most of us, to a certain degree, associate a lot of our self-worth and identity to our job and how much money we make. It is, quite literally, a market valuation of our skills and competence as a person, and therefore we all get a little bit testy and scooch around uncomfortably in our chairs whenever money is brought up. But money is merely an arbitrary store of value. It is not value itself.
Manson spends some time discussing the nature of money: its nature, its fluidity, its effects. He describe how money creates what he calls “experience cycles”, some of which are positive, and some of which are negative. “People who fall into these experience cycles with their money soon become slaves to earning a buck,” Manson writes. “They begin to see money as the singular purpose of their life. It becomes the whole of their motivation.”
I think you can see where he’s going here. Like me (and millions before us), Manson is arguing that true wealth isn’t really about money.
To Manson, true wealth only occurs when the way you earn your money is aligned with your values. True wealth only occurs when the way you spend your money is aligned with your values. And true wealth only occurs when your earning and spending are aligned with each other. “Money is often a means towards success,” he writes, “but it is rarely success itself.”
Here’s the key takeaway:
The real value of money emerges when we leverage it as a tool towards our success rather than making it success itself. When we channel it towards the experiences and values that we find more important. When we use it to build an innovative business, when it fuels our creativity or infuses our community, when it supports our family or shares love with our friends or adds to our personal health and satisfaction.
In short, the real value of money comes when it helps you pursue your purpose.

Do What Works for You

And here’s the key takeaway I want you to get from my article: Purpose is powerful — but there’s no single right purpose for everyone. Each of us is different. Each of us has unique strengths
and weakness, unique value systems. What’s right for me may not be right for you.
Over the years, I’ve met a lot of folks who are passionate followers of certain authors and speakers. Sometimes these authors and speakers focus on money, sometimes they focus on religion, sometimes they focus on politics. Their followers like what they say (or, sometimes, how they say it), and without realizing that it’s happened, they gradually adopt the value systems of these gurus. In effect, they adopt the guru’s purpose as their own. I think this is a mistake.
The path to purpose is different for each of us.
Instead of adopting a guru’s purpose (and belief system) as your own, you ought to sift through what he writes or says to find the bits that ring true to you, the elements that are applicable to your life.
The thing is, most of us never consciously consider our purpose. In fact, a lot of folks think this sort of talk is a bunch of new age bullshit. It isn’t. (Or it doesn’t have to be.) Taking time to consider what you truly want out of life is an excellent way to help steer you in a direction that makes you happy, a direction that brings you true wealth. (Coincidentally, it often leads to monetary wealth, as well.)

Who Are You? — and What Do You Want?

The first thing I ask readers to do at Money Boss is to to create a personal mission statement. I think that’s a great exercise, and I encourage you to do that too, but I don’t intend to fully promote my Money Boss agenda here at Get Rich Slowly.
Instead, I hope you’ll set aside a few minutes to answer three simple questions, questions that can at least prod you toward thinking more about your purpose — and how that purpose relates to money. These questions come from The Seven Stages of Money Maturity by George Kinder. (He, in turn, seems to have borrowed them from the work of time-management guru Alan Lakein.)
Here are the three questions Kinder uses to help his clients get clear on their values:
  1. Imagine you’re financially secure. You have enough money to take care of your needs, both now and in the future. How would you live your life? Would you change anything? Let yourself go and describe your dreams. What would you do if money were no object?
  2. Now imagine that you visit your doctor. She reveals you only have five to ten years left to live. You’ll never feel sick, but you’ll have no notice of the moment of your death. What will you do in the time you have remaining? Will you change your life? How will you change it? (Note that this question does not assume unlimited wealth.)
  3. Finally, imagine your doctor shocks you with the news that you only have 24 hours to live. Nothing can be done. At this time tomorrow, you’ll be dead. What feelings arise as you confront your mortality? What did you miss? Who did you not get to be? What did you not get to do?
Answering the first question is easy (and fun). There are many things we’d do if money were no object. But as the questions progress, there’s a sort of funnel. They become more difficult to answer, and there are fewer possible responses.
According to Kinder, the third question usually generates responses that follow five general themes:
  • Family and relationships. Ninety percent of responses to the
    final question contain this topic.
  • Authenticity or spirituality. Many responses involve leading a more meaningful life.
  • Creativity. Surprisingly, a large number of respondents express a desire to do something creative: to write a science-fiction novel or to play guitar like Eric Clapton.
  • Giving back. Further down the list are themes about giving back to the community, about leaving a meaningful positive impact.
  • A “sense of place”. A fifth common theme (though nowhere near as prominent as the top three) is a desire to have some connection with place: a desire to be in nature, to live someplace different, or to help the environment.
Kinder says that some people — the facts and figures people — look at these questions and ask, “What does these have to do with money?” They have everything to do with money. When you understand what you want to do with your life, you can make choices — financial and otherwise — that genuinely reflect your values.
All of these questions are meant to cause the participant to ask herself, “Who am I as a person, stripped from what I do as a job every day? Is it possible to derive meaning and satisfaction with this stripped away?” Inevitably, the answer is yes.
From my experience — I’ve used these questions in workshops for several years now — your answers can also be like a roadmap to help you discover the true value of money.

Wednesday, 25 October 2017

5 Qualities of People Who Use Time Wisely by John C. Maxwell

Want to tame time? Here’s how to maximize the precious minutes we get each day.

Time is precious.
Ask the coach whose team is behind in the final seconds of a game. Ask the air traffic controller in charge of scheduling takeoffs and landings at a major airport. Ask the news reporter who has just received a breaking story from the AP wire. Ask the cancer patient who just learned he has only two months left to live.
Time management is an oxymoron. Time is beyond our control, and the clock keeps ticking regardless of how we lead our lives. Priority management is the answer to maximizing the time we have. Our days are identical suitcases—all the same size—but some can pack more into them than others. No one has a magical ability to make time, but if our lives have direction, we can make the most of the moments we have been given.
Time stewardship is perhaps a leader’s greatest responsibility. In the words of Peter Drucker, “Nothing else distinguishes effective executives as much as their tender loving care of time.”
How do we maximize the precious minutes given to us each day? Learn and emulate the five characteristics of people who use time wisely:

1. They are purposeful.

People who use time wisely spend it on activities that advance their overall purpose in life. By consistently channeling time and energy toward an overarching purpose,
people can most fully realize their potential.
We cannot reach peak performance without a peak purpose. Purpose enlivens all that we do. In fact, I believe the two greatest days in a person’s life are the day they are born and the day they discover why. Uncovering purpose helps to refine passion, focus efforts and sharpen commitments. The cumulative result is to amplify achievements.

2. They are committed to values.

People who use time correctly underscore their values with the time they spend. By acting in accordance with their beliefs, they find fulfillment. Failure to identify values leads to a rudderless existence in which people drift through life, uncertain as to what they hold dear. Clarity of values is like a beacon of light, guiding the way through life’s twists and turns.
When extended to an organization, values inspire a sense of broader purpose. They make work worthwhile. In an organization, if vision is the head and mission is the heart, then values are the soul. Values endow day-to-day operations and transactions with meaning.

3. They are attuned to their strengths.

People who use time correctly play to their strengths. By doing so, they are most effective. People don’t pay for average. If your skill level is a two, don’t waste substantial time trying to improve because you’ll likely never grow beyond a four. However, if you’re a seven in an area, hone that skill, because when you become a nine, you’ve reached
a rare level of expertise.
As Jim Sundberg says, “Discover your uniqueness; then discipline yourself to develop it.” You are blessed with a unique set of skills and talents. Find them, refine them and let them carry you toward success.

4. They are choosers of happiness.

People who use time the right way choose happiness by prioritizing relationships and recreation. While choosing happiness may seem simple and obvious, far too many people are trying to prove themselves and validate their worth. These people chase after power and prestige, and along the way their friendships wither, their family is ignored
and they skip vacation after vacation. In the end, any success they earn is a hollow and lonely achievement.
Family and friendships are two of the greatest facilitators of happiness. Prioritizing time to cultivate relationships is a hallmark of a healthy leader. Likewise, scheduling leisure combats stress and allows us to delight in the hobbies that bring us joy. In the end, happiness is an inside job. We are wise to surround ourselves with family, friends and fun, but ultimately we determine our internal response to the people and circumstances in our lives.

5. They are equippers.

People who use time properly equip others in order to compound their productivity. They realize the limitations of individual attainment, and they build teams to expand their impact. By developing an inner circle of leaders and investing in them, wise time-users multiply their influence.
Equippers recognize that legacies are carried on by people, not trophies. They pour themselves into the lives of others and watch the ripple effect of their leadership spread through those they have taught and mentored. Equippers seek significance over the long term, which causes them to have a vested interest in the success of their successors.
As much as we would like, we can’t find more time—it’s a finite and constantly diminishing resource. But we can learn to spend time wisely.


Tuesday, 24 October 2017