Sunday, November 25, 2012

When is 4% Twice as Much as 8%?

You may be thinking that I made a typo and that I instead meant to write "When is 8% twice as much as 4%?" Because, how can 4% ever be more than, much less, twice as much as 8%? You might also be thinking, 8 is obviously always twice as much as 4 and never vice-versa. Right? Could it be
that I have lost my ability to do simple arithmetic or that maybe I am a little off my rocker? Well, that's all possible, but, in this case, it's definitely not a typo! What I'd like to do is to help you make a little bit of a paradigm shift.

In the following video I will demonstrate how easy it can be to make a mistake that could potentially cut your retirement savings in half by just simply not signing on the right dotted line. A mistake that can negatively effect your bottom in the same not-so-obvious way that makes it possible for 4% to be twice as much as 8%. So, I have a question for you: When do you think most people realize they made this costly mistake? Sadly for most, it is when it is too late. And what makes things worse, is that since the mistake is not so obvious, many people never even realize it happened in the first place. By never realizing this mistake, the lesson to correct it cannot be passed on to others or to future generations. I hope this finds you at a time when this information can benefit you (or someone in your life) and hopefully instead of only getting half, you get twice as much ... or even more!

I hope you enjoy and please leave me your comments below!



If you cannot view the video please click on this link

I'm so excited to share this information with you. If you have enjoyed the information or feel that it would benefit someone else, please share it. If you have any comments, please post them below, otherwise, feel free to contact me.

Wednesday, November 21, 2012

A Thankful Thanksgiving
Written by Jim Rohn

Editor’s Note: In the United States, Thanksgiving is celebrated on the fourth Thursday of November as a day for its citizens to give thanks for all that they have in their lives.

You may be wondering why I would call this article a Thankful Thanksgiving. Aren't all Thanksgivings thankful? Unfortunately, no. Since I had experienced more than 75 Thanksgivings, I recognize that being thankful is something that we have to work at, even on Thanksgiving.

If your home is like most, your Thanksgiving Day will be very busy, with either traveling to where you want to go or preparing your home to have others over for the day. Either way, that can be very hectic and emotionally trying, which doesn't lend itself to preparing your heart to be reflective and thankful. In fact, Thanksgiving weekend is the most traveled weekend in America. Airports are full, and don’t always provide much room for contemplation of your good fortune.

This means all the more that if we want to be the kind of people who are characterized by thankfulness, then we must make sure that we focus on it, and not just on Thanksgiving Day, but at all times during the year.

Here are a few key words as well as some thoughts that are simple and practical to apply; something you can use right away in your quest to become more thankful:

Time. Set aside time regularly to be quiet, to reflect. We live in the fastest-paced time ever. From the moment we awake to the moment we collapse into bed, we have the opportunity to go at full speed and never slow down. If we schedule time every day in which we can be quiet and reflect, we will free our hearts and minds from the tyranny of the urgent and rushed.

Thought. Give thought to the many blessings that you have. Living in a consumer culture, most of us are fully aware of what we do not have and how we absolutely must have "it." But how often do we reflect upon that which we already have? Take some time each day and think of one or two things you have that you may typically take for granted, and then take a moment and give thanks for those. In fact, I make it a part of my reflection time to review a list of things that I'm thankful for.

Generosity. Be generous toward those with less and not envious of those with more. We tend to look at others who may be wealthier than ourselves and think, "I sure wish I had what he does." That kind of thinking breeds envy and jealousy rather than contentment. What can we do to break that cycle? I would suggest being generous to those who are less fortunate than yourself. Go to work at a food bank, and not just during the holidays—everybody works there then—but on a regular basis during the year. That will remind you of how good you really have it.

Ask. Ask a friend what they are thankful for. You will be amazed at the answers you receive and you will create a meaningful bond with your friends as you focus on this powerful question.

Acknowledge. Lastly, tell those you love how thankful you are for having them in your life. So many times we neglect to take the time to craft the words to express to those closest to us what their presence in our lives means to us. Take the opportunity of Thanksgiving Day to write them a note, or sometime during the day put your hand on their shoulder, look them in the eyes and tell them. Let them know what they mean to you, and in return you'll begin to create the possibility of deeper, richer, more fulfilling relationships with those you love.

Of course, we should do what we can to make the most of the day we call Thanksgiving, but wouldn't it be a shame if the only time we reflected on our blessings was that one Thursday in November? And the answer is, of course! So let's do our best to be aware of the many great gifts that we have each and every day of the year. As we do so we will see our hearts soar and our minds more and more at peace as we regularly remember and remain aware of our good fortune.

Jim Rohn, America's Foremost Business Philosopher, reprinted with permission from Jim Rohn International © 2012. As a world-renowned author and success expert, Jim Rohn touched millions of lives during his 46-year career as a motivational speaker and messenger of positive life change. For more information on Jim and his popular personal achievement resources or to subscribe to the weekly Jim Rohn Newsletter, visit www.JimRohn.com.

Monday, November 19, 2012

Who Is Really In Charge?
Written by Jim Rohn

Finally, the elections are over. Some of you are certainly very happy and some are probably unhappy with the outcome and that is to be expected. Every four years we Americans participate in this grand experiment called America and we elect a President to lead us. That of course spurs lots of different opinions and positions and people can become emotionally involved with the outcome.

One thing that I always find fascinating in all elections, but especially the presidential elections, are the many promises that candidates make to the electorate. They promise to make the economy better and to make health care more affordable for the masses. They promise to make the taxes better and to create jobs.

As I think about this, I want to challenge you to consider that while a President may have a general effect on your circumstances, they do not have a specific effect on your circumstances. Let me explain: While they may play a role in what direction the stock market goes, they do not have an effect in how an individual stock goes, or in whether or not you can make money in the stock market. So, while we certainly should vote and participate in the process, we must understand that no single person –other than you – will have an effect on what your individual life outcome is.

Let me give you some more examples:

A President may promise a better economy but you determine your economy. They may affect whether the dollar gains strength or loses it, but you determine what your financial position is going to be. The fact is that even in the worst economies, including recessions and depressions, there are those who will continue to thrive and even become extremely wealthy. In the great depression, there were countless people who, because of their individual efforts, became millionaires. So, no matter what the economy is nationally, you can become wealthy in the next four years. You don’t have to wait for anyone.

A President may promise to create jobs, but the only person who is going to create YOUR job is you! You determine whether or not you have a job. The President doesn’t, the economy doesn’t, and the industry doesn’t. No matter how bad things get, there are always those who have good paying jobs. You choose what kind of person you will be, and how valuable you will make yourself to the marketplace and thus, what kind of job you will have. So, no matter what the job situation is nationally, you can have any job you want in the next four years. You don’t have to wait for anyone.

A President may promise to do something about taxes, but no matter what the tax rate is, you can still build your personal wealth. Much of my wealth came to me when we still had extremely exorbitant tax rates. I have often said that if you want to be a millionaire and the tax rate is 50%, then just make two million. You determine how much you will have left after taxes, not the government. If you don’t like what you have left, make more. Now, am I saying we shouldn’t work to lower tax rates? No, but I am saying that we can be in control of our own lives regardless of the tax rate. So, no matter what the tax rate is, you can earn more money in the next four years. You don’t have to wait for anyone.

A President may promise to make your health care available to you but you can make health care available to yourself! It isn’t that people can’t afford it; it is that you can’t afford it. What is the answer to that? The empowering answer is to do what it takes to put yourself in a financial and career situation wherein it doesn’t matter what the cost is, because you can afford it. Again, I am not saying that we shouldn’t work to make health care affordable for people, but when you leave it in the hands of someone else, then you make yourself dependent upon them, rather than becoming independent.

The fact is that you control your life. You control your destiny. You chart your course. Those we elect are not the givers of our financial lives. I sometimes think that many people think that if we can just get the “right” person elected, then their lives will suddenly take a turn for the better. Not true. You determine the outcome of your life.

Fortunes will be made in the next four years, no matter what. Some people will join the ranks of millionaires. That is amazing. The only question you have to ask is whether or not you will be one of them. People with high skills will always be in demand for high paying jobs. People who have a superb product or service to offer will always be in demand.

Did you vote? That’s great – we should as our civic duty. But the most important thing is not whether your candidate won or lost, but what kind of decision you will make about your own life, your own career, and your own financial situation, no matter who is in office.

Do that, and the world is yours for the taking.

Jim Rohn, America's Foremost Business Philosopher, reprinted with permission from Jim Rohn International © 2012. As a world-renowned author and success expert, Jim Rohn touched millions of lives during his 46-year career as a motivational speaker and messenger of positive life change. For more information on Jim and his popular personal achievement resources or to subscribe to the weekly Jim Rohn Newsletter, visit www.JimRohn.com.

Sunday, November 11, 2012

Two Things That Can Really Cost You: Waiting to Invest and Recovering from that Waiting

The most powerful concept, in my opinion, that everyone needs to understand about wealth building is the time-value of money. What I am talking about is the fact that even a small, insignificant amount of money left to grow over a long period of time can actually grow to an amount that can be very
significant and life changing to most people. This has also been described as the power of compound interest and even Albert Einstein has declared this to be "the most powerful force in the universe," so you don't have to just take my word for it!

In the following video I show you visually the high cost of waiting to invest. I also take it a little further by demonstrating that it is never too late to start investing, even if you have procrastinated and waited. Let's face it, you cannot go back in the past and start investing earlier. But, it is possible to recover from those past mistakes and I will show you how expensive it is going to be if you wanted to make that recovery. But, after you see this, you should agree that even though it is never too late to start, it is always too wait!

I hope you enjoy and please leave me your comments below!



If you cannot view the video please click on this link

I'm so excited to share this information with you. If you have enjoyed the information or feel that it would benefit someone else, please share it. If you have any comments, please post them below, otherwise, feel free to contact me.

Saturday, November 3, 2012

The Qualities of Skillful Leadership
Written by Jim Rohn

If you want to be a leader who attracts quality people, the key is to become a person of quality yourself. Leadership is the ability to attract someone to the gifts, skills, and opportunities you offer as an owner, as a manager, as a parent. I call leadership the great challenge of life.

What’s important in leadership is refining your skills. All great leaders keep working on themselves until they become effective. Here are some specifics:

Learn to be strong but not rude. It is an extra step you must take to become a powerful, capable leader with a wide range of reach. Some people mistake rudeness for strength. It’s not even a good substitute.

Learn to be kind but not weak. We must not mistake kindness for weakness. Kindness isn’t weak. Kindness is a certain type of strength. We must be kind enough to tell somebody the truth. We must be kind enough and considerate enough to lay it on the line. We must be kind enough to tell it like it is and not deal in delusion.

Learn to be bold but not a bully. It takes boldness to win the day. To build your influence, you’ve got to walk in front of your group. You’ve got to be willing to take the first arrow, tackle the first problem, discover the first sign of trouble.

You’ve got to learn to be humble, but not timid. You can’t get to the high life by being timid. Some people mistake timidity for humility. Humility is almost a God-like word. A sense of awe. A sense of wonder. An awareness of the human soul and spirit. An understanding that there is something unique about the human drama versus the rest of life. Humility is a grasp of the distance between us and the stars, yet having the feeling that we’re part of the stars. So humility is a virtue; but timidity is a disease. Timidity is an affliction. It can be cured, but it is a problem.

Be proud but not arrogant. It takes pride to win the day. It takes pride to build your ambition. It takes pride in community. It takes pride in cause, in accomplishment. But the key to becoming a good leader is being proud without being arrogant. In fact I believe the worst kind of arrogance is arrogance from ignorance. It’s when you don’t know that you don’t know. Now that kind of arrogance is intolerable. If someone is smart and arrogant, we can tolerate that. But if someone is ignorant and arrogant, that’s just too much to take.

Develop humor without folly. That’s important for a leader. In leadership, we learn that it’s okay to be witty, but not silly. It’s okay to be fun, but not foolish.

Lastly, deal in realities. Deal in truth. Save yourself the agony. Just accept life like it is. Life is unique. Some people call it tragic, but I’d like to think it’s unique. The whole drama of life is unique. It’s fascinating. And I’ve found that the skills that work well for one leader may not work at all for another. But the fundamental skills of leadership can be adapted to work well for just about everyone: at work, in the community, and at home.

Jim Rohn, America's Foremost Business Philosopher, reprinted with permission from Jim Rohn International © 2012. As a world-renowned author and success expert, Jim Rohn touched millions of lives during his 46-year career as a motivational speaker and messenger of positive life change. For more information on Jim and his popular personal achievement resources or to subscribe to the weekly Jim Rohn Newsletter, visit www.JimRohn.com.