I really want you to have this information because I care about you and I see you as an astute citizen. It is pretty dense but I believe the linked video called the EndofAmerica2011.com is right on point based on what I have been seeing in the United States and what I have been seeing in the world economy from my travels over the last 20 years. Please take the time to watch the whole video. The links about when Capitalism Hits the Fan is about the history and how we got here and the End of America 2011 is about the current state and the probable future. Don’t be a skin bag like in the movie The Matrix… take charge of your financial life! I am going to make some moves based on what I have learned from this…
I am not sharing this information to endorse the sources or for you to buy anything it is about the information… Do what you like with it. The End of America 2011 gives me answers to what I noticed about the Euro, the European Union, a one world economy, currency, the rise of all these “buy your gold parties” and frankly University of Phoenix… Unfortunately this guy is REALLY long winded about making his point and you can ignore the sales pitch at the end but the information is invaluable to my sensibilities! I won’t tell you what to think… I just want you to think critically for yourself about the rug we are standing on that may be pulled out from under us and the advanced planning you may want to do about it.
I don’t get caught up with the Republican/Democrat stuff… I look at what they are doing so I see how both sides are contributing to this issue and how they are trying to “solve” it concerns me. I would really like to know what you get from it.
It’s More Than Just Money: When Capitalism Hits the Fan (The True Story of this Economic Meltdown)
Posted on May 24, 2010 by Davey D Quantcast
http://hiphopandpolitics.files.wordpress.com/2010/05/capitalism-bound-250.jpg?w=217&h=250This is an incredible lecture that everyone needs to peep that breaks down the current state of affairs with our economy. This cat Professor Richard Wolff is a beast when it comes to this as he lets us know that what is going down goes beyond money.. The quality on these clips aren’t all that great.. You can get better qualities at his website..http://www.capitalismhitsthefan.com/
Below is a more detailed description of what’s on these clips…They come in 9 parts
With breathtaking clarity, renowned University of Massachusetts Economics Professor Richard Wolff breaks down the root causes of today’s economic crisis, showing how it was decades in the making and in fact reflects seismic failures within the structures of American-style capitalism itself. Wolff traces the source of the economic crisis to the 1970s, when wages began to stagnate and American workers were forced into a dysfunctional spiral of borrowing and debt that ultimately exploded in the mortgage meltdown. By placing the crisis within this larger historical and systemic frame, Wolff argues convincingly that the proposed government “bailouts,” stimulus packages, and calls for increased market regulation will not be enough to address the real causes of the crisis – in the end suggesting that far more fundamental change will be necessary to avoid future catastrophes. Richly illustrated with motion graphics and charts, this is a superb introduction designed to help ordinary citizens understand, and react to, the unraveling economic crisis.
Capitalism Hits the Fan pt 1-Three Things the Economic Crisis is Not
http://www.youtube.com/watch?v=9pOD7RFpOGI
Capitalism Hits the Fan pt 2-How We Got Here: American Exceptionalism
http://www.youtube.com/watch?v=6x_qnazVW_U
Capitalism Hits the Fan pt 3-History Interrupted: The Trauma of Flat Wages
http://www.youtube.com/watch?v=KHL_jEY2LIw
Capitalism Hits the Fan pt 4-Coping with Trauma: The People’s Response
http://www.youtube.com/watch?v=A-4Ot3SlyUU
Showing posts with label The Secret. Show all posts
Showing posts with label The Secret. Show all posts
Saturday, February 19, 2011
Tuesday, June 22, 2010
Manifesting Abundance
Understanding the Law of Attraction
You likely know someone who is a great at manifesting. You may even have felt somewhat jealous of that person because it appears they have everything, seemingly getting these things with little effort as if they were born under a lucky star. Well, it may be that they very well were born with the knowledge of manifesting already intact. I say this because I believe once we learn something in another life (Yes, I believe in past lives, parallel existences) it is not lost, and that we can choose to bring those talents with us as we move into a new life experience.
Attracting Abundance is Knowledge
As any other skill people have, manifesting is no different from playing the piano or flipping pancakes in the air. How good you are at it depends on how efficient you have become at performing it. And, although some of us are better at certain skills that doesn't mean the rest of us, with practice, can't improve or even surpass the talent expressed by another. Those people who are efficient in attracting have trained their minds to focus on their desires. They have learned it so well that they often times don't even realize how they do it. Abundance comes to them naturally. They wouldn't blink an eye if someone suggested they don't deserve something, it isn't part of their reality.
Grasping a better understanding of how the "Law of Attraction" works is the first step in bringing abundance into your life.
Law of Attraction
We create our own reality. We attract those things in our life (money, relationships, employment) that we focus on. I wish I could tell you that it is as simple as stating an affirmation, but no affirmation is going to work if your thoughts or feelings are negating the positive.
When we focus on "having less" then we create that experience for ourselves. When we focus on "I hate my job" then we will never notice the aspects of our employment that might be satisfying. Basically, just wanting something isn't going to bring that to us when we continue to obsess on the not having of that something. All we will experience is "not having" and will be ultimately blocking our true desires.
Better to focus on a particular object or scenario rather than on winnings or cash.
Another mistake that we make is that we tend to think of abundance in terms of how much money we have in our bank accounts. I personally think focusing on winning the lottery is a fruitless event. Focusing on winning the lottery is kind of like focusing on "not having." I say this because of some discussions I've had with those who have held this desire, They have shared what they would do with the winnings if they won. Yet, some of the things they say they would do with the money they could actually already be doing with their current incomes on a smaller scale, but they don't. Why not? Because they cling to what they perceive as their "meager savings" with the attitude that they don't have enough out of fear. Here is an example of this:
A man's mother owns a car that is need of repair. The son says "If I won the lottery I would buy my mother a new car." But actually, the son has the means to take her car to the mechanics and pay out $400 needed in repairs to assure that his mom has a dependable car to drive back and forth to the market. When asked why he doesn't then just go ahead and have her current car repaired, he answers, "Well gee, I only have $800 in the bank, and doing that would knock out half my savings. What happens if my car needs repairs next week or my daughter gets sick and needs to see a doctor?"
So you see, the person's true focus is on "not enough" rather than being focused on winning the lottery. When we are focused on "not enough" it won't ever matter how much money we have, it will never be enough. Suggesting that he pay for his mother's car repairs brought his fears out into the open. It would be nice if the fellow could trust that by helping his mother and paying for the repairs he would not put himself at financial risk. But for the time being, while he feels he must hold onto that fear reality, I would suggest this man focus on visualizing his mother driving safely to and from the market in comfort and without experiencing any mechanical breakdowns. This would be a positive image/thought to get that picture to become a reality. Another suggestion would be to introduce the Law of Attraction to his mother so she can start attracting a new car for herself among other things she might desire.
You likely know someone who is a great at manifesting. You may even have felt somewhat jealous of that person because it appears they have everything, seemingly getting these things with little effort as if they were born under a lucky star. Well, it may be that they very well were born with the knowledge of manifesting already intact. I say this because I believe once we learn something in another life (Yes, I believe in past lives, parallel existences) it is not lost, and that we can choose to bring those talents with us as we move into a new life experience.
Attracting Abundance is Knowledge
As any other skill people have, manifesting is no different from playing the piano or flipping pancakes in the air. How good you are at it depends on how efficient you have become at performing it. And, although some of us are better at certain skills that doesn't mean the rest of us, with practice, can't improve or even surpass the talent expressed by another. Those people who are efficient in attracting have trained their minds to focus on their desires. They have learned it so well that they often times don't even realize how they do it. Abundance comes to them naturally. They wouldn't blink an eye if someone suggested they don't deserve something, it isn't part of their reality.
Grasping a better understanding of how the "Law of Attraction" works is the first step in bringing abundance into your life.
Law of Attraction
We create our own reality. We attract those things in our life (money, relationships, employment) that we focus on. I wish I could tell you that it is as simple as stating an affirmation, but no affirmation is going to work if your thoughts or feelings are negating the positive.
When we focus on "having less" then we create that experience for ourselves. When we focus on "I hate my job" then we will never notice the aspects of our employment that might be satisfying. Basically, just wanting something isn't going to bring that to us when we continue to obsess on the not having of that something. All we will experience is "not having" and will be ultimately blocking our true desires.
Better to focus on a particular object or scenario rather than on winnings or cash.
Another mistake that we make is that we tend to think of abundance in terms of how much money we have in our bank accounts. I personally think focusing on winning the lottery is a fruitless event. Focusing on winning the lottery is kind of like focusing on "not having." I say this because of some discussions I've had with those who have held this desire, They have shared what they would do with the winnings if they won. Yet, some of the things they say they would do with the money they could actually already be doing with their current incomes on a smaller scale, but they don't. Why not? Because they cling to what they perceive as their "meager savings" with the attitude that they don't have enough out of fear. Here is an example of this:
A man's mother owns a car that is need of repair. The son says "If I won the lottery I would buy my mother a new car." But actually, the son has the means to take her car to the mechanics and pay out $400 needed in repairs to assure that his mom has a dependable car to drive back and forth to the market. When asked why he doesn't then just go ahead and have her current car repaired, he answers, "Well gee, I only have $800 in the bank, and doing that would knock out half my savings. What happens if my car needs repairs next week or my daughter gets sick and needs to see a doctor?"
So you see, the person's true focus is on "not enough" rather than being focused on winning the lottery. When we are focused on "not enough" it won't ever matter how much money we have, it will never be enough. Suggesting that he pay for his mother's car repairs brought his fears out into the open. It would be nice if the fellow could trust that by helping his mother and paying for the repairs he would not put himself at financial risk. But for the time being, while he feels he must hold onto that fear reality, I would suggest this man focus on visualizing his mother driving safely to and from the market in comfort and without experiencing any mechanical breakdowns. This would be a positive image/thought to get that picture to become a reality. Another suggestion would be to introduce the Law of Attraction to his mother so she can start attracting a new car for herself among other things she might desire.
Thursday, May 27, 2010
Small Things Create Big Results
We have heard it a million times in business, school, relationships and life in general.
It’s the small things that make the difference.
Then why do the vast majority of people keep searching for that magic bullet, that secret ingredient, that special something to catapult them to success?
Van Gogh said, “Great things are done by a series of small things brought together.”
Vince was a pretty talented guy. You know, Starry Nights, Irisis and like a gazillion other amazing masterpieces. We remember him for great things. Monumental things. Brilliant things.
And yet he says it was all about the small things.
Thoreau said this, “Simplicity, simplicity, simplicity! I say, let your affairs be as two or three, and not a hundred or a thousand. Simplify, simplify.”
Henry was a pretty talented guy too and produced some literary masterpieces on his own.
Now, I am not suggesting you go cut off your ear or go find a cabin in the middle of the woods and close yourself off from the world. I mean, if you think that’s what you need, go for it…but there are likely other routes to take.
In our insanely fast paced world, we often try and do it all. We imagine ourselves into this huge life and often think we are going to get their with one great leap forward as if there is that one thing that will propel us forward into greatness.
It doesn’t work that way.
Small forwarding, positive actions over time create enduring success.
Or as Jeff Olson calls it in his bestselling book…the Slight Edge.
It’s the seemingly insignificant things that when we do them don’t seem to make a difference that over time either create greatness or perpetuate mediocrity.
In relationships with ourselves and others…
It’s getting off work a little early once a week to pick your kids up from school and spend some uninterrupted time together.
It’s having family dinner consistently together so you can just talk.
It’s bringing home flowers on a Tuesday…that’s not her birthday, anniversary or mother’s day.
It’s rubbing his shoulders without being asked.
It’s setting aside “us time” and “me time” consistently…not just when you can’t take it any more.
It’s meditating, working out and reading…at least a few times EVERY WEEK.
It’s eating that one raw meal a day.
These are all seemingly insignificant things that add up over time…and over time they contribute to the body of work that is our lives.
In business and marketing…
It’s making new contacts and exposures to your business every single day.
It’s putting out 1 single piece of good content online every day.
It’s being of value in the social media space with your dialogue and interactions.
It’s stepping up to lead even when you may not think you are ready.
It’s stretching yourself past your comfort zone…and doing it with joy.
It’s doing the thing NOW, not tomorrow or next week, but NOW!
I know that we sometimes seem to get a lot of conflicting information in the world of personal development. Some advice teaches us to focus on getting the big parts of our lives in order, to focus on vision, to make sure the most important things are our priorities.
These things are all true.
But we don’t get where we are going by leaping the chasm. We get there by putting one foot in front of the other and simply taking a step forward.
It’s really not that hard.
And that’s the challenge.
It’s simple.
So most people miss it.
Do the small things anyway.
Choose what you want. Create the vision. Decide what things need to be done to move your forward towards your goals.
Then just get started…and stay consistent…even when you don’t feel like it.
Hold your vision in mind while focusing on what’s next. What is the next thing you need to do? Then just do it.
Check it off the To-Do list.
This is so much more than just staying in action. It’s adopting a belief system that success is the culmination of many small influences and actions. It’s “a knowing” that the thing you are doing right now is either moving you closer to or further away from what you want.
Let’s go get it done.
But please, please, please…do it with style. Put YOU into your daily actions. If you are going to show up…SHOW UP!
Show up with 100% of who you are – whether it’s parenting, being intimate, marketing, training, talking to a prospect, learning from a mentor, taking care of yourself, working out, being quiet or making a difference for someone.
So what are you waiting for?
It’s the small things that make the difference.
Then why do the vast majority of people keep searching for that magic bullet, that secret ingredient, that special something to catapult them to success?
Van Gogh said, “Great things are done by a series of small things brought together.”
Vince was a pretty talented guy. You know, Starry Nights, Irisis and like a gazillion other amazing masterpieces. We remember him for great things. Monumental things. Brilliant things.
And yet he says it was all about the small things.
Thoreau said this, “Simplicity, simplicity, simplicity! I say, let your affairs be as two or three, and not a hundred or a thousand. Simplify, simplify.”
Henry was a pretty talented guy too and produced some literary masterpieces on his own.
Now, I am not suggesting you go cut off your ear or go find a cabin in the middle of the woods and close yourself off from the world. I mean, if you think that’s what you need, go for it…but there are likely other routes to take.
In our insanely fast paced world, we often try and do it all. We imagine ourselves into this huge life and often think we are going to get their with one great leap forward as if there is that one thing that will propel us forward into greatness.
It doesn’t work that way.
Small forwarding, positive actions over time create enduring success.
Or as Jeff Olson calls it in his bestselling book…the Slight Edge.
It’s the seemingly insignificant things that when we do them don’t seem to make a difference that over time either create greatness or perpetuate mediocrity.
In relationships with ourselves and others…
It’s getting off work a little early once a week to pick your kids up from school and spend some uninterrupted time together.
It’s having family dinner consistently together so you can just talk.
It’s bringing home flowers on a Tuesday…that’s not her birthday, anniversary or mother’s day.
It’s rubbing his shoulders without being asked.
It’s setting aside “us time” and “me time” consistently…not just when you can’t take it any more.
It’s meditating, working out and reading…at least a few times EVERY WEEK.
It’s eating that one raw meal a day.
These are all seemingly insignificant things that add up over time…and over time they contribute to the body of work that is our lives.
In business and marketing…
It’s making new contacts and exposures to your business every single day.
It’s putting out 1 single piece of good content online every day.
It’s being of value in the social media space with your dialogue and interactions.
It’s stepping up to lead even when you may not think you are ready.
It’s stretching yourself past your comfort zone…and doing it with joy.
It’s doing the thing NOW, not tomorrow or next week, but NOW!
I know that we sometimes seem to get a lot of conflicting information in the world of personal development. Some advice teaches us to focus on getting the big parts of our lives in order, to focus on vision, to make sure the most important things are our priorities.
These things are all true.
But we don’t get where we are going by leaping the chasm. We get there by putting one foot in front of the other and simply taking a step forward.
It’s really not that hard.
And that’s the challenge.
It’s simple.
So most people miss it.
Do the small things anyway.
Choose what you want. Create the vision. Decide what things need to be done to move your forward towards your goals.
Then just get started…and stay consistent…even when you don’t feel like it.
Hold your vision in mind while focusing on what’s next. What is the next thing you need to do? Then just do it.
Check it off the To-Do list.
This is so much more than just staying in action. It’s adopting a belief system that success is the culmination of many small influences and actions. It’s “a knowing” that the thing you are doing right now is either moving you closer to or further away from what you want.
Let’s go get it done.
But please, please, please…do it with style. Put YOU into your daily actions. If you are going to show up…SHOW UP!
Show up with 100% of who you are – whether it’s parenting, being intimate, marketing, training, talking to a prospect, learning from a mentor, taking care of yourself, working out, being quiet or making a difference for someone.
So what are you waiting for?
Thursday, May 20, 2010
Retention can make or break any Network...7 ways to help your business
In MLM, retention is keeping new business partners active for the long haul.
An unfortunate statistic on MLM is that on average, three out of four new distributors lose interest in their first 3 months and quit the business. A whopping 90% of new distributors do not survive their first year!
This leads to a major drain on your income because retention is where the long-term residual income in the MLM network marketing industry comes from. The good news is that even a modest increase in your retention rate can lead to a dramatic increase in your income.
It is important to note that of new business partners who do quit, better than half of them do so in the first 90 days in business. This is the reason it is so important to start new team members quickly and help them have success in their early days in business.
For many years, I focused on prospecting and sponsoring in the network marketing industry. But, for the last several months, I concentrated more on retention. I found the results to be almost immediate and long-lasting, too. Improving the number of business partners that I hang on to has had a greater impact on increasing my monthly check than the number of new people I recruit each month.
Much of our team training now focuses on retention. Here are the keys to increasing retention in your MLM.
1. Bring top-quality people into the business the proper way. We teach our team to enroll new partners that ask to join the business. We do not teach our team to use warm-market tactics like approaching friends, neighbors, and relatives who are not even interested in the business. We do not teach our team to sell or close leads on the business. When you have to close people to get them in, you'll have to close them every time they hit a small obstacle. They are the first ones to become quitters.
2. New team members need to submit their goals in writing. Make sure their goals are realistic. Both you and your new business partner will need these goals to measure their success. Each team member's success is measured against their own goals.
3. Fast start approach. New team members need to make money early in their career for both their belief in the business and for credibility with others. Earning money quickly is the most effective retention tool!
4. Be a true servant-leader. Helping a new team member is more important than even your own prospecting. Make yourself accessible. Encourage business partners to reach your upline in your absence.
5. Proper communication. Provide necessary information, without flooding new partners with information overload. Regular emails from an autoresponder have helped keep partners in the game and help them get back on track if they've become sidetracked.
6. Recognition. For many people, recognition is an even bigger motivator than money. Even quick recognition like a telephone call is important. Recognition in front of a group has been an industry standard for years. Find ways to recognize business partners regularly.
7. Training. Effective training should be available by several means, both live and recorded. We've had best success offering training via a mix of live webinars, recorded webinars available 24/7, training videos, email series, and individual mentoring.
Shift more of your focus to retention in your network marketing business. You will enjoy a big increase in your long-term residual income.
An unfortunate statistic on MLM is that on average, three out of four new distributors lose interest in their first 3 months and quit the business. A whopping 90% of new distributors do not survive their first year!
This leads to a major drain on your income because retention is where the long-term residual income in the MLM network marketing industry comes from. The good news is that even a modest increase in your retention rate can lead to a dramatic increase in your income.
It is important to note that of new business partners who do quit, better than half of them do so in the first 90 days in business. This is the reason it is so important to start new team members quickly and help them have success in their early days in business.
For many years, I focused on prospecting and sponsoring in the network marketing industry. But, for the last several months, I concentrated more on retention. I found the results to be almost immediate and long-lasting, too. Improving the number of business partners that I hang on to has had a greater impact on increasing my monthly check than the number of new people I recruit each month.
Much of our team training now focuses on retention. Here are the keys to increasing retention in your MLM.
1. Bring top-quality people into the business the proper way. We teach our team to enroll new partners that ask to join the business. We do not teach our team to use warm-market tactics like approaching friends, neighbors, and relatives who are not even interested in the business. We do not teach our team to sell or close leads on the business. When you have to close people to get them in, you'll have to close them every time they hit a small obstacle. They are the first ones to become quitters.
2. New team members need to submit their goals in writing. Make sure their goals are realistic. Both you and your new business partner will need these goals to measure their success. Each team member's success is measured against their own goals.
3. Fast start approach. New team members need to make money early in their career for both their belief in the business and for credibility with others. Earning money quickly is the most effective retention tool!
4. Be a true servant-leader. Helping a new team member is more important than even your own prospecting. Make yourself accessible. Encourage business partners to reach your upline in your absence.
5. Proper communication. Provide necessary information, without flooding new partners with information overload. Regular emails from an autoresponder have helped keep partners in the game and help them get back on track if they've become sidetracked.
6. Recognition. For many people, recognition is an even bigger motivator than money. Even quick recognition like a telephone call is important. Recognition in front of a group has been an industry standard for years. Find ways to recognize business partners regularly.
7. Training. Effective training should be available by several means, both live and recorded. We've had best success offering training via a mix of live webinars, recorded webinars available 24/7, training videos, email series, and individual mentoring.
Shift more of your focus to retention in your network marketing business. You will enjoy a big increase in your long-term residual income.
Tuesday, May 11, 2010
MasterMind Groups- What's in it for you?
What is a MasterMind Group?
There is synergy of energy, commitment, and excitement that participants bring to a MasterMind Group. The beauty of MasterMind Groups is that participants raise the bar by challenging each other to create and implement goals, brainstorm ideas, and support each other with total honesty, respect and compassion. MasterMind participants act as catalysts for growth, devil’s advocates and supportive colleagues.
The concept of the MasterMind Group was formally introduced by Napoleon Hill in the early 1900’s. In his timeless classic, "Think And Grow Rich" he wrote about the Mastermind principle as:
"The coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the spirit of harmony."
He continues …
"No two minds ever come together without thereby creating a third, invisible
intangible force, which may be likened to a third mind."
In a MasterMind Group, the agenda belongs to the group, and each person’s participation is key. Your peers give you feedback, help you brainstorm new possibilities, and set up accountability structures that keep you focused and on track. You will create a community of supportive colleagues who will brainstorm together to move the group to new heights.
You’ll gain tremendous insights, which can improve your business and personal life. Your MasterMind Group is like having a objective board of directors.
What Will You Get From It?
* Experience, skill and confidence
* Real progress in your business and personal life
* An instant and valuable support network
* A sense of shared endeavor - there are others out there!
* Design things to be the way you want them to be, not as you’ve been told they "should" be
Who Should Attend?
People who:
* have a similar interest (such as a group for self-employed people, or
a group for spiritual thinkers, or a group for people in a certain corporation or industry)
* have a similar skill and/or success level
* have the desire and inspiration to make this year extraordinary
* want a supportive team of MasterMind partners
* want to reach or exceed their goals
* are ready to let their desire to be passionate about their life and work overcome their fear of change
How Does It Work?
MasterMind Groups can meet in person, on the telephone, or via online message boards. For those groups that meet in person or on the phone, typically a once-a-month meeting is scheduled.
Because of the group nature, a commitment is required. Look for highly-motivated people who are willing to ask for—and give—help and support.
How Do You Screen Applicants?
Before agreeing to let any new applicants into your group, it’s important to screen them to make sure they’ll fit into the existing group and that their commitment level is high. Decide in advance how many people should be in your group (5-8 is recommended), and only allow new members into the group with the unanimous consent of everyone in the group.
* Do you have a personal or business mission or vision statement?
* What are your five-year goals?
* Where will you find time to participate in the MasterMind Group?
* What is your commitment to moving forward in your business and personal life?
* Why should you be chosen to participate in this group?
Even with a screening process your group is likely to run across people who say that they’re committed but then don’t participate, or who say that they’re honest but then fail to keep the trust of the group.
Be prepared to ask people to leave the group who are not participating up to the group standard and do it quickly once the poor behavior becomes evident. A "slacking" member will bring down the energy and fun level for the whole group.
MasterMind Groups create a win-win situation for all participants. New friendships develop and everyone grows because of the support and encouragement of the MasterMind Group.
As an Entrepreneur you should surround yourself with successful people that provoke thought and evoke an unweilding sense of personal accomplshment, the MasterMind Group is that tool to take it to the next level and beyond.
There is synergy of energy, commitment, and excitement that participants bring to a MasterMind Group. The beauty of MasterMind Groups is that participants raise the bar by challenging each other to create and implement goals, brainstorm ideas, and support each other with total honesty, respect and compassion. MasterMind participants act as catalysts for growth, devil’s advocates and supportive colleagues.
The concept of the MasterMind Group was formally introduced by Napoleon Hill in the early 1900’s. In his timeless classic, "Think And Grow Rich" he wrote about the Mastermind principle as:
"The coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the spirit of harmony."
He continues …
"No two minds ever come together without thereby creating a third, invisible
intangible force, which may be likened to a third mind."
In a MasterMind Group, the agenda belongs to the group, and each person’s participation is key. Your peers give you feedback, help you brainstorm new possibilities, and set up accountability structures that keep you focused and on track. You will create a community of supportive colleagues who will brainstorm together to move the group to new heights.
You’ll gain tremendous insights, which can improve your business and personal life. Your MasterMind Group is like having a objective board of directors.
What Will You Get From It?
* Experience, skill and confidence
* Real progress in your business and personal life
* An instant and valuable support network
* A sense of shared endeavor - there are others out there!
* Design things to be the way you want them to be, not as you’ve been told they "should" be
Who Should Attend?
People who:
* have a similar interest (such as a group for self-employed people, or
a group for spiritual thinkers, or a group for people in a certain corporation or industry)
* have a similar skill and/or success level
* have the desire and inspiration to make this year extraordinary
* want a supportive team of MasterMind partners
* want to reach or exceed their goals
* are ready to let their desire to be passionate about their life and work overcome their fear of change
How Does It Work?
MasterMind Groups can meet in person, on the telephone, or via online message boards. For those groups that meet in person or on the phone, typically a once-a-month meeting is scheduled.
Because of the group nature, a commitment is required. Look for highly-motivated people who are willing to ask for—and give—help and support.
How Do You Screen Applicants?
Before agreeing to let any new applicants into your group, it’s important to screen them to make sure they’ll fit into the existing group and that their commitment level is high. Decide in advance how many people should be in your group (5-8 is recommended), and only allow new members into the group with the unanimous consent of everyone in the group.
* Do you have a personal or business mission or vision statement?
* What are your five-year goals?
* Where will you find time to participate in the MasterMind Group?
* What is your commitment to moving forward in your business and personal life?
* Why should you be chosen to participate in this group?
Even with a screening process your group is likely to run across people who say that they’re committed but then don’t participate, or who say that they’re honest but then fail to keep the trust of the group.
Be prepared to ask people to leave the group who are not participating up to the group standard and do it quickly once the poor behavior becomes evident. A "slacking" member will bring down the energy and fun level for the whole group.
MasterMind Groups create a win-win situation for all participants. New friendships develop and everyone grows because of the support and encouragement of the MasterMind Group.
As an Entrepreneur you should surround yourself with successful people that provoke thought and evoke an unweilding sense of personal accomplshment, the MasterMind Group is that tool to take it to the next level and beyond.
Monday, March 15, 2010
The 80-20 Rule...
The 80-20 Rule-Pareto's Principle
In 1906, Italian economist Vilfredo Pareto created a mathematical formula to describe the unequal distribution of wealth in his country, observing that twenty percent of the people owned eighty percent of the wealth. In the late 1940s, Dr. Joseph M. Juran inaccurately attributed the 80/20 Rule to Pareto, calling it Pareto's Principle. While it may be misnamed, Pareto's Principle or Pareto's Law as it is sometimes called, can be a very effective tool to help you manage effectively.
Where It Came From
After Pareto made his observation and created his formula, many others observed similar phenomena in their own areas of expertise. Quality Management pioneer, Dr. Joseph Juran, working in the US in the 1930s and 40s recognized a universal principle he called the "vital few and trivial many" and reduced it to writing. In an early work, a lack of precision on Juran's part made it appear that he was applying Pareto's observations about economics to a broader body of work. The name Pareto's Principle stuck, probably because it sounded better than Juran's Principle.As a result, Dr. Juran's observation of the "vital few and trivial many", the principle that 20 percent of something always are responsible for 80 percent of the results, became known as Pareto's Principle or the 80/20 Rule.
What It Means
The 80/20 Rule means that in anything a few (20 percent) are vital and many(80 percent) are trivial. In Pareto's case it meant 20 percent of the people owned 80 percent of the wealth. In Juran's initial work he identified 20 percent of the defects causing 80 percent of the problems. Project Managers know that 20 percent of the work (the first 10 percent and the last 10 percent) consume 80 percent of your time and resources. You can apply the 80/20 Rule to almost anything, from the science of management to the physical world.You know 20 percent of your stock takes up 80 percent of your warehouse space and that 80 percent of your stock comes from 20 percent of your suppliers. Also 80 percent of your sales will come from 20 percent of your sales staff. 20 percent of your staff will cause 80 percent of your problems, but another 20 percent of your staff will provide 80 percent of your production. It works both ways.
How It Can Help You
The value of the Pareto Principle for a manager is that it reminds you to focus on the 20 percent that matters. Of the things you do during your day, only 20 percent really matter. Those 20 percent produce 80 percent of your results. Identify and focus on those things. When the fire drills of the day begin to sap your time, remind yourself of the 20 percent you need to focus on. If something in the schedule has to slip, if something isn't going to get done, make sure it's not part of that 20 percent.There is a management theory floating around at the moment that proposes to interpret Pareto's Principle in such a way as to produce what is called Superstar Management. The theory's supporters claim that since 20 percent of your people produce 80 percent of your results you should focus your limited time on managing only that 20 percent, the superstars. The theory is flawed, because it overlooks the fact that 80 percent of your time should be spent doing what is really important. Helping the good become better is a better use of your time than helping the great become terrific. Apply the Pareto Principle to all you do, but use it wisely.
Manage This Issue
How can the Pareto Principle help me in life and business?- Have a product range? Have a look at how much of your profit comes from each item. Put your effort into the 20% that give you 80% of your sales - your winners.
- Selling products or services? Most likely, 80% of your sales come from 20% of your customers- the ones who make the big purchases and are repeat-buyers. Cherish that 20%.
- Have a sales force? Have a look at how much of your profit comes from each person. Make sure you reward and retain the 20% that are your winners.
- Have an affiliate program? Find the top 5-20% who give you 80% of your income, and make sure you support, encourage and reward your winners.
- Do advertising? Have a look at where the sales come from. Then identify the few ads that really pull, and the few places where you run them that really produce. Then refine your winning ads, and run them in those few places that give you the best results.
- Check your web traffic logs! Which keywords are bringing you the most traffic? Which search engines? Which websites? You'll find that a small number of keywords, search engines and websites give you the lion's share of your traffic. Nurture them, and build on those strengths!
These are only few examples of the use you can make of the Pareto Principle.
Pareto's Principle, the 80/20 Rule, should serve as a daily reminder to focus 80 percent of your time and energy on the 20 percent of you work that is really important. Don't just "work smart", work smart on the right things. F.J.Reh
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