Monday, May 19, 2014

Here's Something to Write About ...

"Hit 'em where they ain't."

"Speak only to improve the silence."

What are the smartest people in the room, or anywhere, saying, or not saying?



Wednesday, May 7, 2014

How to Build Momentum - The Law of Accumulation

Here is what to do if you need momentum to reach a bigger goal.

Make a to-do list.  Knock out all the smaller and easier tasks first.

After getting all the smaller tasks done, you should have momentum. 

You are now free, hopefully, to tackle the big goal.

Continue the smaller tasks, or have a normal person handle smaller tasks for you. 

Now, if you are overwhelmed by your goal, write down a step by step plan for reaching it.  Focus on this plan to reach your big goal by concentrating on each step.  If the step is necessary, do it to the best of your ability. 

The Law of Accumulation says achievement is comprised of many smaller tasks and goals that no one sees or appreciates that add up over time.

Occasionally, look at the emotional payoffs you get from reaching your big goal.  If the process can be made to be enjoyable, this could be a plus.

Be sure to take breaks.  Especially if you're really bored or etc,  Just take a break.  You could go for a walk or a drive.  You could watch a little TV.  Or you could see what's hot on youtube.  You could work on your 100 push ups goal.

If you're looking to pay off debts, or work another big financial obstacle, look at the following site:
www.renegadeuniversity.net

I hope this post has helped you!

Wednesday, April 30, 2014

Why MasterMind Groups Fail - Beejal Parmar

The concept of mastermind groups appeared first in a book Napoleon Hill wrote in 1937 called 'Think and Grow Rich'. In this book he explains mastermind groups to be groups of people who get together on a regular basis to talk about their challenges; be it business related or personal challenges. This is also where the concept of brain storming appeared, where a bunch of people would pool in their intellectual resources to arrive at insights or solutions to the posed challenge, where the wisdom of the collective would provide data of greater applied value that that of a single person. Though Napoleon Hill gave significantly clear directions on how to implement the mastermind concept, certain critical factors were not addressed, and these factors also happen to be the main reason why mastermind groups fail. These critical factors are three in number- leadership, agenda and actually showing up for the plan meets and each of these influences the other.
Leadership
For any group system to function effectively, it cannot function without direction, focus or anyone to implement the direction firmly. Leadership is critical for mastermind groups to work, even if it is a meeting of peers, one can take it further by emphasizing that having a vice president to step in when the leader is away, would also be essential. Having someone in charge to see to it that everyone shows up for the meets and sticks to the agenda will benefit in the survival and effectiveness of mastermind groups. Leaders need not always be leading sessions; they can shift as the agenda of the sessions shifts.
Agenda
Having people arrive at the meet but not having any specific to talk about beats the point of creating a mastermind group. For any mastermind group to work effectively, an agenda must be set for every meeting. A 'Hotseat' must be presented to the individual whose challenge will be the center of all discussion until met with plausible solutions, resources or new dimensions to the challenge. It is also helpful to have the group reference to a common document, this could be a book, an article, or any form of information, so that everyone is on the same page, and can progress together from there, keeping the sessions more focused and consequently more effective. If mastermind groups are adjourned weekly, then it is wise to keep one person's challenges or one topic of discussion standard for the entire week. Challenges should be tackled one at a time and not all at once, even though our busy schedules would be tempted to try to squeeze in as much as we can, but doing that doesn't serve the idea well. However if there is something of greater importance to be discussed immediately, then do ask for the mastermind group to make some time for those matters to be discussed.
Showing up
This is by far the biggest factor that leads to the failure of mastermind groups. In a world where time is money, people always have something popping up in their schedule the last minute. However if the idea is to really get the best out of what a mastermind group can offer, then situations must be created that suite everyone's schedules where the sacrifice is on the minimum. It is possible since there are many mastermind groups of extremely busy people who still manage to slip the sessions as part of their schedules, purely because they understand the value of these sessions. Showing up need not be face to face with the technological aids we have today.
Conclusion
In conclusion, mastermind groups will succeed if structured well and implemented with sincerity by setting leaders, a definitive agenda, where there is an individual on the hot seat whose challenges will be the focus of the discussion along with a common document that can reference to by the entire group and of course being present for all sessions live or virtually.

Beejal Parmar.

 Personality Success Blueprint.
Beejal Parmar facilitates several mastermind groups and retreats for entrepreneurs all around the world. Beejal Parmar is a speaker, author, business coach/consultant and mastermind facilitator. He specializes in helping his clients better understand their personality, how to match personality with the right opportunity, and how to evaluate objective timelines with personality.
To learn more visit http://PersonalitySuccessBlueprint.com
Article Source: http://EzineArticles.com/?expert=Beejal_Parmar

Look For Profits Off The Beaten Path

Maybe you can profit in some way from the dog and pony show.

Maybe you can build a directory, or a hub of some sort.  If there is no industry association, make one.

Maybe you can teach a common or uncommon skill better than anyone.

Publish your specialized knowledge, whether it is "hot" now or not.

Dog the professional doggers.  For a fee of course.

What can you turn common stuff into that can be sold?

Go against what "they" say and talk to visionaries, futurists, forecasters, tinkerers, and geeks, and see what these "oddballs" say.  Don't color outside the lines. 

There's a list of over 60 small time business ideas at www.renegadeuniversity.net  take a look.

Own Your Day - YOU Choose How You Feel

To really get the juice out of your life today:

- own your day
- own your thoughts and feelings
- resolve that you are the one who decides how you feel
- chase your dreams and ambitions with all your heart and soul
- forget condescending opinion judgment, and noise - kill your TV
- fill up a sheet of paper with your favorite life experiences and put down things you'd like to do.  Pick an item off the list and do it.
- No excuses, no compromising.  Do what you can.

Make a to-do list, and get to work.

You own this day!

Tuesday, April 29, 2014

How To Become a Billionaire (Revistited)

Ah, one of my favorite topics, going against "the gods," and stretching for ten figures.

1) Your  product itself needs to be viral.  Your product needs to be so good your customers talk, demonstrate, and explain the need for it.  If your product helps your customers with a human or business need, this is a plus.  If there isn't competition now, there will be before long.

2) GHM.  Look into growth hacker marketing (GHM).  Back to your good product; Your customers need to talk about it, and the growth of your sales needs to be "built in." There are a lot of GHM ideas available online.  Programming is a part of GHM, so learn the appropriate language, or hire a programmer who gets GHM.

3) Talk to your customers and target customers.  Go where your customers go and get an idea of their lifestyle, demographics, etc.  Tailor your pitch, advertising, and site design based on what you learn.

4) Remember "so you can."  Buy this device, so you can have 10,000 songs in your pocket (like Apple). Get this product, so you can x.   Try this and see how it works. (H/t Frank Kern).

5) Fortunes have been built in technology, as you know.  But the failure rate is high...keep this in mind.  Brian Tracy says to be prepared to climb from peak to peak.  In my estimation, I'd say this is good conditioning.

6) Let's switch to finance.  There are large numbers of hedge funds, and private equity firms.  But some of the said entrepreneurs can hit a 10 figure net worth.  One question to ask is: how are and how might hedge funds innovate in the future.

7) I'd say it's a plus if your business has a global reach.

8) Find out what your customers, your target customers, and your competitors customers need and want.  Try to find out what they will want in the near future.  Don't overlook businesses, and government(s) as customers.  Look to have at least one significant trend at your back.  Identify this trend when or before you begin your feasibility, and market research.

9) As it is written, "work on your business, not in your business." This means you use technology, contractors, temps, and employees to do day to day tasks.  Avoid high-tech and well credentialed hoodlums.  You want positive people who share your vision and who get results.

10)  Lastly, let's look at ethics.  Be sure you are being honest and fair with everyone involved with your firm (stakeholders).

Are you overwhelmed?  The learning never stops.  Whether you insist on a billion dollars, or maybe enough to see the world, come check out www.renegadeuniversity.net Take a look in the bookstore for titles on GHM, and other vital reads.

Monday, April 28, 2014

Investment Mistakes to Avoid

If you can't find anything worth buying, keep money on the sidelines.  You can wait for the next recession or pullback if you want.  You could wait for short term misfortune to strike a company, and maybe swoop in and buy.

Years ago, after coming off a good trade, I looked for the next.  I researched a lot of picks and found nothing.  Prices were generally high, and I heard nothing interesting from my newsletters.  When this happens: don't force a trade. And also, don't look for long term investments while the market is high.

It's probably a good idea to do what you are good at, I.e. your job, rather than wade through talk, opinion, and noise. 

Spread your money around, have some cash on the sidelines, and keep up on your companies.

Oh, and microcaps usually aren't a great deal at all.