92% don’t achieve their goals.
Here's how the other 8 percent do it:
High achievers know something you may not:
Why we give up and how to overcome these issues.
16 top reasons why we give up along with solutions - we:
Have you heard about the 8+8+8 Rule?
Allocate your day (24 hrs) into three segments of 8 hours each:
8 hours for work
8 hours for rest
8 hours allocated to 3Fs, 3Hs and 3Ss
3Fs - Family, Friends, Faith
3Hs - Health, Hygiene, Hobby
3Ss - Soul, Service, Smile
Do not compete against others
compete against yourself and your:
1. Ego;
2. Fears;
3. Negativity;
4. Bad habits;
5. Overthinking;
6. Comfort zone;
7. Inconsistency;
8. Lack of discipline;
9. Self-limiting beliefs;
10. Lack of responsibility.
These are your true rivals. Agree?
What is the No. 1 employee benefit no one is talking about?
It's undeniably having a great manager who is a real leader.
Be the manager you always wished you had.
Want to be mentally strong?
Then you should know 13 things mentally strong people don’t do.
Based on the book of Amy Morin “13 Things Mentally Strong People Don't Do”.
Introverts often face biases, but:
Introverts and extroverts perfectly complement each other.
Introverts possess qualities that extroverts do not have.
And vice versa.
What is the key reason why people don’t invest?
It is the lack of knowledge.
I prepared a useful cheat sheet to improve this:
Sharing the types of stocks everyone should know.
Everyone wants to build wealth.
But, do you know that there are several wealth building accelerators that you can trigger?
I call them the 5 Wealth Catalysts.
3. Follow your passions
“Do what you love – I can’t stress this one enough.
You’ll spend a lot of your life working but if you’re doing something that interests you and you’re passionate about then you’ll keep going even when it gets hard.”
@QCompounding
From Charlie Munger’s wisdom on compounding to Nassim Taleb’s thoughts on true wealth, these tweets encourage strategic thinking and a long-term mindset. Great reminders to focus on what truly matters in life and investing.
@QCompounding
Indeed
@QCompounding
.
Without the ability to regulate and understand your emotions, navigating the complexities of managing money becomes exponentially more challenging. Emotions often drive impulsive decisions, leading to financial pitfalls. Therefore, cultivating emotional
7. Work on solving problems.
“When you spend your days doing something that solves a big problem, it energizes you to do your best work.
It forces you to be more creative, and it gives your life a stronger sense of purpose.”
Bill Gates
5. Be creative.
“You can’t innovate without lateral thinking and using creativity to solve problems.
Giving people the permission to dream big, bring radical ideas to the table, and draw outside of the lines is so important.”
Try to avoid:
1. Too much sitting;
2. Lack of socializing;
3. Inadequate sleep;
4. Chronic stress.
You have only one life and one health.
Make wise choices.
Conclusion:
- Bold career moves yield behaviors essential for CEOs.
- Attitude matters: Seek opportunities and embrace challenges.
- Path to CEO isn't uniform, but these catapults work.
- Aspire to lead? Prepare for unconventional and risky moves.
4. Take risks and look on the bright side.
“I often say that every risk is worth taking as long as it’s for a good cause and contributes to a good life.
The brave may not live forever, but the cautious do not live at all.”
1. Decisiveness
- Leaders make swift choices confidently.
- Decisiveness conquers challenges in a changing world.
- Bold choices foster innovation.
This trait propels both individuals and organizations.
16. Deliver what's due, focusing on how and when, not just how much.
17. Avoid decisions when angry, worried, or disappointed.
18. Recognize good leadership's power to uplift and poor leadership's potential to diminish.
1. Colonel Harland David Sanders’ Early Life:
Born in 1890, Sanders faced early challenges, caring for siblings after his father's death.
He dropped out of school at 7th grade, worked odd jobs, and even enlisted in the army.
Constant fights cost him jobs, but he
2. Constant Challenges:
At 40, he began selling chicken at a service station.
An argument with a competitor turned into a violent shootout.
After buying a motel it burned down along with his restaurant.
He did not give up - rebuilt and managed it until World War II
1. Money can reduce level of stress.
Harvard Professor Jachimowicz's research reveals money can ease stress.
Higher income lessens stress from tough events, gives control over negativity and boosts life satisfaction.
Money provides security, enhancing overall well-being.
@iamcoriarnold
Changing our mindset about money is crucial for financial growth. By talking openly about money, facing our financial realities, and being generous, we open ourselves to greater opportunities and abundance.
5. Always Strive to Improve:
Believe in your goal-reaching ability and potential to improve.
Skills and qualities aren't fixed - they can be developed.
Choosing improvement-focused goals leads to resilience and a fulfilling journey.
2. Seize Opportunities:
Busy lives lead to missed goal opportunities.
Act before opportunities slip away.
Precisely plan actions in advance, like exercising on specific days.
Planning boosts success by about 300%, training your brain to recognize chances.
1. They don’t waste time feeling sorry for themselves.
2. They don’t give away their power.
3. They don’t shy away from change.
4. They don’t waste energy on things they can’t control.
4. Never go a day without relaxation:
- This can be meditation or any other relaxation technique you prefer.
- Relax your body and mind and let your thoughts wander.
5. Victory
After years of setbacks, Sanders triumphed.
KFC went global, but he sold his stake for $2 million ($15.3 million today).
Sanders' image remains in KFC's logo.
As of now, there are more than 25,000 KFC restaurants in 147 countries.
@dklineii
Spot on
@dklineii
. Embrace feedback as valuable insight into how others perceive you, even if it's delivered imperfectly. Show gratitude for their courage, as this feedback is important for your growth and improvement.
There can also be other stock classifications based on:
1. Region
2. Industry
3. Corporate structure
4. Other attributes
Make sure to remember those: And try to continuously develop your knowledge.
4. Engage employees in changes and discuss these changes before implementing.
5. Give positive feedback freely, negative feedback only when necessary.
6. Provide clear guidance to prevent repeat mistakes.
To help you understand this concept better:
I am summarizing it in my summary sheet.
I hope you will take advantage of it:
➟ To embrace the power of servant leadership.
➟ To become the manager you always wished you had.
P.S. Have you ever tried servant leadership?
3. Track Your Progress:
Honest, consistent progress monitoring is essential for goal achievement.
Regular self-assessment helps you adjust your actions and strategies.
Check your progress often—weekly or daily, depending on the goal.
4. Be a Realistic Optimist:
While setting a goal, think positively about achieving it.
Belief in your ability boosts motivation.
Avoid underestimating the challenge and acknowledge the effort required.
Many worthwhile goals demand time, planning, effort, and persistence.
To summarize 5 Wealth Catalysts:
1. Luck Catalyst;
2. Hard Work Catalyst;
3. Emotional Catalyst;
4. Discipline Catalyst;
5. Education Catalyst.
Make sure you take advantage of all of those.
1. Define Precise Actions:
Set clear goals like "Lose 5 pounds" instead of vague goals like "lose some weight."
Specific goals provide a clear sense of achievement and keep you motivated.
Define precise actions needed to reach your goal.
@BrianFeroldi
Indeed
@BrianFeroldi
. A high dividend yield might indicate that a company was once strong but is now facing challenges, potentially relying on dividends to attract investors despite weakening performance.
2. Spending money on experiences can lead to happiness.
Harvard Professor Norton advises choosing experiences over material things for happiness.
Activities like trips and dinner create memories
Looking forward to experiences is exciting, whereas possessions can cause stress.
10. Keep a human touch in all interactions.
11. Set realistic expectations and avoid asking for the impossible.
12. Embrace admitting your mistakes - it prevents recurrence.
3. Consider what you eat:
- Avoid refined sugars as they cause glucose volatility in your body.
- Make sure you do not have caffeine drink too late in the day.
- Try to eat foods rich in magnesium.
7. Time your actions well when decisions are made, avoiding both haste and delay.
8. Tackle issues at their source.
9. Maintain a holistic perspective on challenges - don't get lost in details.
1. Never let your body get tense for long:
- Take breaks despite of unifnished tasks or deadlines.
- Use breathing techniques and manage your cortisol levels.
13. Pay attention to how your employees perceive you.
14. Avoid trying to be everything to your team - it can lead to insignificance.
15. Be wary of flattery - it's often more harmful than constructive criticism.
8. Avoid Overwhelming Yourself:
Remember, willpower has its limits; don't strain it excessively.
Avoid tackling two challenging tasks simultaneously, if possible.
Steer clear of tempting situations, even if you believe you can resist.
3. Idea
Colonel Sanders, living humbly in a small house, sought change at 65.
Recognizing his friends loved his chicken recipe, he saw a chance for success.
Leaving home, he journeyed to share his recipe, offering it for a percentage of sales.
Action points based on the research:
Aim to increase your income until you have met your basic needs.
Focus on accumulating experiences rather than material possessions.
If your well-being is already satisfactory, do not overly prioritize earning more money.
❌ Don’t have purpose
✔️ Reflect on personal values, set meaningful goals aligned with passions, and take steps towards them.
❌ Resist change
✔️ Embrace change as an opportunity for growth, focus on the benefits, and cultivate adaptability.
3. Inherit a Big Mess:
- 30% of sprinters thrived by resolving major issues.
- Crisis situations showcase leadership under pressure.
- Overcoming adversity prepares for CEO roles.
2. Never use screens one hour before bedtime:
- These activities will stimulate brain and negatively impact your sleep.
- Try to read before you go to bed and it will calm you down.
1. Try before giving up.
2. Earn before you spend.
3. Think before you speak.
4. Plan before you execute.
5. Explore before you settle.
6. Have faith before you pray.
7. Practice before you perform.
8. Help before you ask for help.
9. Understand before you judge.
10.
1. Go Small to Go Big:
- Over 60% of sprinters took smaller roles to build impact.
- Starting new initiatives, joining smaller companies, or entrepreneurship.
- Building from scratch enhances skills and leads to CEO positions.