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Success Advice

Jack Canfield’s 10 Keys of Wisdom for The Ultimate Success

Joel Brown (Founder of Addicted2Success.com)

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Jack Canfield’s story of success as one of the most respected motivational speakers and authors started when he was working as a teacher in an inner city high school. Seeing the low motivation that his students, mostly black students and gang members, had for learning, Jack Canfield looked for ways to increase their motivation which led him to attend a speaking engagement lead by a well seasoned motivational speaker. To Jack’s surprise, he found that the success and motivational principles worked. His students started to get better grades and he was becoming a motivated teacher himself.

This was the beginning of Jack Canfield’s teachings of personal success and professional development.

 

Chicken Soup for the Soul

His idea for the Chicken Soup for the Soul series started in 1990. He shared the idea with co-writer Mark Victor Hansen and by 1993, the two had complied over 60 stories.

Getting the book published was another matter, however. He was rejected by more than 130 publishers before the book finally went to print. And even the title of the book, which Canfield attributes to spiritual inspiration, was initially rebuffed by publishers. However, his persistence paid off and today Chicken Soup is a virtual institution in the self help genre, selling more than 112 million copies since its first publication, producing more than 200 spinoffs.

 

Jack Canfield’s 10 Keys to Success

 

1. You are responsible for your happiness

Most people think that the path to finding happiness and success is influenced by the external world and that you are never fully in control of how your future turns out. Canfield breaks this notion down by saying that you are 100% responsible for your failure or success.

People who tend to blame everyone around them for their failings are often those who find it hard to find real success in life.

 

2. Know your purpose

Everyone has a purpose. The secret is finding that purpose, knowing it with clarity, and pursuing it with gusto.

According to Canfield, the true measure of success is knowing your purpose and spending your life achieving that purpose. It is true that we can excel in different areas in life but if these areas are not where the purpose lies, then true happiness will be elusive because this is not the meaning of true success.

 

3. Decide on what you want

Finding your purpose is one step, but deciding to steer your life in that direction can be a major step for most people. People tend to prefer the place where they are comfortable. The decision to leap and make that drastic career change can be scary. However, wasting your life on careers that do not make you happy will only leave you drained and disillusioned and nowhere near to accomplishing your life’s purpose.

 

4. Believe that anything is possible

The mind can be a very powerful tool for drawing positive energy into your direction. Let go of doubts and start believing that you can do whatever it is you set out to do.

Keep a positive attitude and the universe will listen.

 

5. Believe that the world is a good place

A crippling fear of failure, strong competitors, and ridicule in the event of failure can turn even the most confident entrepreneur into a paranoid wreck. Start believing that the world is good, that not everyone is just dying to see you fail.

Turn paranoia on its head and you will see that you become more kind, more open to help and more open to positive energy coming your way as well.

 

Jack-Canfield-Picture-Quotes

 

6. Be flexible

Problems will clutter the road to success. The most successful people today faced problems head on and were flexible enough to bend and change when this was needed.

 

7. Be persistent

Jack Canfield persisted despite the hundred publishers who thought that his book was no good. Rejections may number in the hundreds but it only takes one positive step to take a new idea or a passion to greater heights.

According to Jack, the longer you hang in there, the greater the chances of something positive happening for you. 

 

8. Create and focus on a goal

Creating a goal for yourself creates a measuring stick which you can use to judge your actions and progress.

This helps you turn your dreams into reality.

 

9. Take the first step

A first step is all that it takes to get started. Many people have lofty dreams and passions but these will remain ideas without action. Taking the first step is the difference between actually pursuing your passion and just dreaming about it.

 

10. Take risks

Every effort to pursue something new and novel comes with risks. It will be uncomfortable especially if it’s a complete turn-around from the life you are used to. But if you truly believe that this is where your passion lies and you are willing to work towards it, the risks and uncertainty will eventually be worth it.

 

I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances. I'm proud to say through my podcast and through this website we have impacted over 100 million lives in the last 6 and a half years.

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7 Comments

7 Comments

  1. Inspiration Pilot

    Oct 6, 2014 at 11:05 pm

    I love number 10. As Robert H. Schuller said: “I’d rather attempt to do something great and fail than to attempt to do nothing and succeed.”

  2. ezeblaiseBlaise

    Apr 24, 2014 at 3:43 pm

    As a Nigerian who has spent years in Asia and now back, I see first hand the negative effects of low motivation and victimhood (not sure it’s a correct word, but whatever). People feel so helpless and are willing to wallow in low achievement and satisfaction. Worse, they all feel people owe them something, the government, family, community. Each day I keep thinking how I can help my people jettison such mindset and take responsibility of their lives, finances, successes.

  3. catherine

    Mar 1, 2014 at 6:14 pm

    Great tips.

  4. Ugo

    Oct 24, 2013 at 7:11 pm

    Awesome tips.Thanks Jack.

  5. stephon

    Oct 22, 2013 at 12:47 pm

    be responsible for your mistakes but learn from it

  6. Sebastian

    Oct 12, 2013 at 7:33 pm

    Number 4 is HUGE. I adopted this belief several years ago and it dramatically changed my life. The interesting thing is that once you believe anything is possible, you become shocked at how little people believe in themselves.

    Everyone is convinced that going after your dreams is too hard and too impossible. How can you live thinking like that?

  7. Adam Finan

    Oct 10, 2013 at 5:17 am

    Jack has some great books and advice for living a positive life.. Happiness comes from within and is a choice..

Leave a Reply

Your email address will not be published. Required fields are marked *

Success Advice

3 Important Principles You Need to Know That All Billionaires Have in Common

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I’ve always been highly interested in the similarities amongst the world’s wealthiest. Their habits, successes, mindset, and failures have fascinated me. The journey to great prosperity can seem overwhelming, but if you apply success principles to any endeavor you can quickly and efficiently overcome challenges and expand.

Michael J. Gabrielli, founder of WeRunAds, has spent hundreds of hours and tens of thousands of dollars studying billionaires and their habits. Michael has also studied over 2000 different billionaires and from this experience he’s found three principles they all had in common.

Here are the 3 principles the billionaires all had in common:

1. Be in a rapid growth industry at the right time

Timing is so important. Billionaires know when the time is right to enter a market. Most billionaires do not enter first or second into a market because of the inherent risks involved. Many billionaires let the pioneers pave the way and then leverage the knowledge gained to innovate and optimize in order to create something that works.

The key is to find an industry that is soon to take off. Stepping in at the right time is important. Let’s take a real life example that is known all too well– the founder and CEO of Facebook, Mark Zuckerberg. When he entered the scene, the idea of a social network was moderately known, but it was still not quite predicted to be the monster it is today.

Others like Friendster, Myspace, etc. had made some headway into this fledgeling industry and then Facebook entered leveraging the knowledge and expertise gained from the early pioneers. Zuckerberg saw the huge potential of social networking, took what was done previously and made it better.

He is presently worth over $66 Billion and the company has surpassed the 2 billion users mark with 1.4 billion using the platform daily. Not surprisingly, many billionaires were not the first to pioneer the industry they would later find success in. They came in at the right moment, learned from the mistakes and triumphs of their predecessors, and made a lasting final product.

Here’s a practical 3 question exercise you can do to judge if you have the right timing with your current venture:

  1. Look at your industry and say—is this brand new?
  2. Am I trying to invent something that doesn’t exist?
  3. Am I too late to the party?

2. Position yourself better

In addition to finding the right industry and getting in at the right time, billionaires position themselves in the best way. They provide the solution to the need and they think outside the box to do it. Optimal positioning is a commonality amongst billionaires. For example, during the California Gold Rush, people rushed to mine for the gold itself blinded by the promise of large profits.

However, it turned out that Sam Brannan had the better idea for how to position himself for success. He knew the chances of finding gold were risky, so instead he committed to a sure thing. He manufactured the tools that were needed by all the miners to mine gold. As each new miner migrated West, they were happily met by Brannan and his company who were ready and waiting to sell these new hopefuls the shovels and tools they’d need to strike it rich.

Digging for gold seemed to be the most profitable route, however, greater returns were yielded in the supplying of materials required to mine for gold! A good company that also illustrates this concept is Microsoft. They did not seek to create their own computer, but the software that computers would run on. Most people mistakenly think they have to “go for the gold” to attain wealth, but it’s evident in history that selling the necessary tools to the gold miners can be far more profitable.

The two questions you need to ask yourself to see how you could position yourself correctly are, “What industries will need the supplies that I could provide? And, “Am I following the trend instead of innovating?

“Big shots are only little shots that keep shooting. I can see your sun rise out of obscurity. Keep shooting” – Ikechukwu Joseph

3. Take calculated risks

Most people choose the safe bet that is secure, however, this is not common among billionaires. Billionaires take big calculated risks in order to propel themselves to higher levels of influence and success. The most important thing to note here is that while to others the risks seem big—to billionaires, they are calculated.Risk and Calculated Risk are not the same. Calculated risk is measured and well-thought-out. Risk is impulsive and immeasurable. Understanding the difference between the two is a commonality among billionaires. The world’s most prominent figures have at some point in their lives disagreed with the ordinary and took a shot at the unknown. Proper calculation and clever thinking certainly accompanied the bold moves they made in their careers.

Howard Schultz, the CEO of Starbucks, is a great example of this. He had grown up in poverty and made his way out to earn a comfortable wage as an executive at a company that manufactured coffeemakers.

“Risk more than others think safe.” – Howard Schultz

He risked it all when he discovered a small coffee shop named “Starbucks” in Seattle that prompted him to quit his job and step out to create a company that was inspired by the Italian coffee culture and personal relationship people could have with their coffee.

Of the 242 people he spoke to, 217 said no to investing with him. Despite the discouragement, lack of agreement, and investment, Schultz kept pushing on. Fast forward to present time, and Starbucks’ is a massive success. Strong intuition and unshakeable belief is common among high achievers. Many successful billionaires risked their safe jobs, personal assets, and even their reputation to take calculated risks that they knew would pay off huge in the end.

The questions you need to ask yourself now are, “where can I take a calculated risk? Am I holding back when I should be going forward? What tangible steps can I take today to move forward?”

These 3 success principles are staple elements that are common among many billionaires. Now, there are more principles that you must discover and implement in order to become a billionaire. Work diligently and do all that can be done each day. Be inquisitive and study those that you wish to emulate.

Which one of these principles do you need to work on more this year? Let us know in the comments below!

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Success Advice

One Question You Must Answer to Ensure Personal Success

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I don’t believe in quick fixes, in get-rich-quick schemes, or any other system that guarantees instant success with only a modicum of effort. But, I do believe it’s possible to condense great strings of logical thought and intellectual algorithms into basics. I like to keep things simple! Many of my clients love the fact that I don’t overly complete things, and frankly, so do I! I like to ask simple questions whose answers can be had quickly but require some focus in obtaining the outcome.

Here’s the question I always ask: What is standing between your current reality (where you are now) and your ultimate vision (where you want to be)? Are the impediments psychological, physical, emotional or some other reason?

Until you answer what is causing the difference between your AS IS and your SHOULD BE, you will be stuck spinning your wheels in the mud and the muck of the former. This is an important question that requires a level of mental self-examination. And the answer to this question may require a lifetime of introspection. It is an important question to answer because if you know where you want to go that provides direction but examining why you are not there yet can provide momentum. (In other words, by answering the question it may get you there faster!)

“Success is not final; failure is not fatal: It is the courage to continue that counts.” – Winston S. Churchill

It’s just like following a road map. A map is useless unless you know two things, where you are, and where you want to go. What might be stopping you (or at least slowing you down) from the ultimate destination of your passion and life’s fulfilment?

I’ve asked many people about this over the years and have heard these four reasons that keep people from moving forward.

1. Lack of vision

How do you plan to get there, if you don’t know where “there” is? The most difficult undertaking in the world is to sit quietly with a blank sheet of paper and chart out your life. I know, I have many blank sheets of paper to prove it. However, I also found out that it only takes one sheet, with a few well-crafted lines of thought to give you the direction you need. But you need to start!

2. Lack of goals

So, you know where you want to go, you just don’t know how to get there. The second hardest thing in the world is to have a sheet of paper with your ultimate destination on top, and the rest blank as you ask yourself, now what or how do I get to my vision? The process of functional decomposition means breaking down the larger process into steps that are both actionable and motivational. In other words, the steps are small enough to do and you remain motivated because they are so small.

“Successful people do what unsuccessful people are not willing to do. Don’t wish it were easier; wish you were better.” – Jim Rohn

3. You don’t believe you can get there

You want to, but there is a script running through your head telling you to go home, make some chicken soup and don’t leave the house until these foolish notions of greatness are gone. Think about it, your parents never did what you are trying to do, no one in your family has ever done it, you are far too old (or too young) to do that, you don’t have the right education…your rationalizing can go on for a lifetime! Here is my suggestion when it comes to running those self-deprecating scripts: STOP IT!

4. You are lazy

You won’t admit this to yourself, but perhaps you are just plain lazy. I’ve seen it so many times; individuals majoring in minors. Performing high fun, low payoff activities instead of the low fun, high payoff activities. (And, by the way, who ever said that a high payoff activity can’t be fun? There’s that darn script again.) As a species we are inclined to take the path of least resistance, but that path may not lead us to our vision, but you must admit, we are having a great time NOT moving toward our vision! Laziness is not “doing nothing.” It’s doing the wrong thing because that’s what you want to do, and, very often, we know it’s the wrong thing to do!

There you have the four possible things that might be holding you back from the realization of your vision. Are any of them hitting home? Answer this question before you move on:

What is standing between my current reality and my ultimate vision of success?

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Success Advice

4 Character Traits Blocking Success From Entering Your Life

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Some days you wake up full of energy and ready to face the day. The challenges you gave yourself the day before seems almost too easy. However, there are also other days where you find yourself without the desire and energy to move forward. Operating from this mindset, you lose productive time, counted first in minutes, then hours. Sometimes your loss of productivity can be measured in days, weeks and months of missed opportunities.   

Since you will not wake up every day bursting with excitement, you must find a way to summon the energy necessary to pound out another story for a publication, work on your social media content plan and write new copy for your website.

To understand why you are unable to take the actions required for success, you must first identify what blocks you. You can’t overcome challenges you aren’t aware of, and this is the juncture separating those who succeed from those who don’t.

Here are the four main character defects that block success:

1. Apathy

Apathy is exhibited as a lack of concern. It shows up when you are tired or stretched too thin. Many entrepreneurs work one or more jobs while attempting to launch a business, whether online or brick and mortar. When progress can’t be seen, it is easy to stop caring and give up.

2. Procrastination

Procrastination can occur when you get up ready to give all you’ve got to your endeavor, but first you check out an episode of your favorite Netflix show while you have coffee. After eight hours of binge-watching, your productive mindset is gone which leaves you demoralized. This in turn brings you back to apathy, triggers fear and causes more procrastinating.

3. Fear

Fear is a corrosive emotion everyone struggles with, and if you are not careful, it will absolutely stop you in your tracks. Fear will say you cannot obtain your dreams. The most successful entrepreneurs and business leaders grapple with anxiety, worry and apprehension, yet you rarely see them paralyzed by their fearfulness. Like them, you can’t defeat your fear unless you identify it. With an insightful mentor, you can easily determine what you are afraid of. Once it is recognized, you’ll find the strength to walk through it.   

“Curiosity will conquer fear even more than bravery will.” – James Stephens

4. Overwhelm

Overwhelm occurs when you commit to more than you are capable of doing. Balance and giving the appropriate amount of time to all aspects of life is a tremendous challenge. Have you found yourself overwhelmed when a friend asks a favor of you while you are trying to meet a deadline at work and maintain focus on your entrepreneurial side project? Do you worry how you’ll ever find the time to get it all done? Often when this occurs, we may mentally shut down and accomplish nothing.

To counter the deficits listed above, you must identify, then develop the opposite, positive traits necessary for success. It’s important to understand the “why” of each attribute because only then can you fully tap into the power they offer to help you accomplish your goals.

Here are the four traits to counter the above traits with:

1. Purpose

Purpose gives voice to why you are alive. It tells you and others what you are working toward and why. Living out your purpose is the single greatest weapon against apathy. Knowing your purpose gives you a standard with which you can measure your progress. It motivates you to think, act and ultimately, to succeed.

2. Action

Action is the opposite of procrastination. When your effort is focused on achieving an objective, action propels you forward. Breaking a large project down into small, manageable steps, you’ll gain the needed traction to successfully reach your goal!

3. Courage

Courage is built by first facing, then walking through your fears. Courage gives you strength to do what you think is impossible. Developing a relationship with a mentor, someone willing to tell you the truth about what they see, is crucial to success in this area. With help, you can first identify, then make the adjustments necessary to identify and release the fear blocking you.

“Success is not final, failure is not fatal: it is the courage to continue that counts.” – Winston S. Churchill

4. Focus

Focus is the final attribute. What you give your attention to is the single most important factor influencing your success. You become what you focus on. When you focus on your purpose, take the necessary actions and develop the courage to bust through, you win!

This is not an all-inclusive list, it’s simply a starting point. As you tackle and overcome your grosser defects, the subtler ones will begin to surface. Slowly, with help from your trusted mentor, you will work and grow through these challenges.  

As you become stronger, you’ll be able to withstand additional demands. You meet them head-on with the new skill set you’ll develop as you let your old ones go. You will be more effective, positive and energetic along with ready to take any action necessary. You are a winner!

Which one of the character traits above do you need to focus on most in order to achieve success? Let us know in the comments below!

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Success Advice

6 Important Decisions to Make to Have a Successful Career

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Would you rather paint your bedroom blue or beige? What is your usual coffee go-to order: a mocha or a macchiato? Should you take the bus or the train to work today? Decisions are everywhere. They are the ones behind our choices and the ones behind all consequences that we face for those choices.

Life is riddled with decisions at every intersection, and some say that those who are the best decision-makers can actually make the most of their time on this planet. Sure, inspirational and spiritual speakers have a lot to say when it comes to the matters of fate, luck or destiny, but only the successful know that a man is truly capable of shaping their own as per their choices.

From choosing on whom to delegate that difficult task to knowing when to bring up a tricky topic during a meeting with shareholders, decisions have the potential to shape your careers as well. If you have been wondering about the ways that you can improve your career, you can consider bringing in some smart decisions in your life right now.

What are the decisions that can help you have a successful career? Since decisions play such a huge role in shaping our lives and careers, you may wish to pick up a few that help you scale higher in your career as well.

Here are 6 of the most important decisions to bring into your life today so that you can take your career to newer heights:

1. Put your goals on paper

Sure, it’s great to have goals for your career, but simply letting them wander about in your mind is not going to help you achieve them, you know. That is why you need to have a list of goals that you have set for yourself – on paper.

Maintain a journal (virtual or offline, whichever works for you) that enlists your career objectives and goals according to short-term and long-term ones. For example, you can put upskilling in short-term goals and moving to a higher managerial position by the end of three years as a long-term goal.

Establish parity in the short-term and long-term goals so that you can synthesise them when the time comes. Jotting down the objectives will help you have a clear idea of where you stand and the way that you should go to bring about the positive changes in your career.

2. Bring in a daily dose of positivity

Let’s face it, all of us have encountered setbacks in our professional lives. The most important lesson to take from those setbacks is to never become pessimistic about what you can achieve. Positivity has helped many to soar the skies when it comes to their careers, and with a conscious decision to eliminate all sorts of negative thoughts from your mind can help you in doing the same too.

You will find a bunch of success stories that all start and end with how important it is to persevere in the face of adversities and letting your positive aura shine through in dark times. One of the smartest things that you can thus do for your career is to decide to chuck all negativity (as well as toxic acquaintances) that make you doubt your abilities and pull you down.

“Growth is never by mere chance; it is the result of forces working together.” – James Cash Penney

3. Hone your writing skills

No matter which industry you belong to, an impressive writing style in this fast-paced age of digital communication truly has the power to take you places when it comes to becoming more successful in your career.

The blessing that is the web has brought on a range of online tools and resources that you can put to good use for improving your writing skills. If you need to review your official documents and emails, then try online tools to edit and proofread your documents efficiently. You can also use online tools and tutorials to pick up tricks that help you sharpen your writing and make it devoid of common mistakes we all prone to making.

4. Upskill yourself proactively

Whether it is learning to code or taking up creative writing classes, you should decide to upskill proactively throughout your career. Upskilling has benefited more than one, and when the time comes for a job switch to move on to better prospects, you can always leverage the additional skills picked up earlier. As we move towards a faster and more digitised work sphere, it is best to attune oneself to the latest trends and in-demand skills of your industry and beyond to make sure that you are prepared when it is time to take the plunge.

5. Reflect on each day

When you are at work, the days seem to go by in a dizzying blur, leaving you breathless from the sheer pressure of work and tasks that you have to manage throughout the day. Deciding to spare time for yourself despite your busy schedule ensures both personal and professional growth, as leading psychologists opine.

Treat each day as a lesson, and you will end up with a long list of things that you learnt from each of them as they went by. An excellent way to do this is to keep a journal, but if you do not feel up to writing at the end of the busy day, you can always unwind while listening to your favourite music and reflect on the day that was.

6. Pick up a healthy lifestyle

Lastly, it is important to decide to be healthy and fit for only by that will you be at your productive peak to help you achieve all that you want to in your professional sphere. Devote some time to exercise every day and have a healthy diet.

You are sure to find many benefits of having a healthy lifestyle when you rise and shine to go to work with renewed vigour every day that helps you create innovative designs or brainstorm for killer marketing tactics. You never know which hidden potential of yours gets unlocked by facing work with a positive and beaming attitude every day, so why not take a leap of faith?

“Strength and growth come only through continuous effort and struggle.” – Napoleon Hill

Staying ahead of the competition, working overtime, managing piles of emails and getting stuck in the daily conundrums of work may sometimes leave you wondering as to where it is that you are headed when it comes to your career. Cruise through your career like a pro as these six decisions present a world of benefits for your personal and professional growth.

What decisions have you made that have helped you grow professionally? Comment below!

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2 Simple Keys to Open the Door to More Prosperity in All Areas of Life

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Prosperity is your divine right. You are here on this planet, at this time, with a divine right to create every single thing you desire. This is acknowledgement of the fact that you are a divine being having a human experience. (more…)

Rosemary Nonny Knight used to be a pharmacist but replaced her income in her own business and now works as a Spiritual Business & Life Strategist coaching people to live the deliberate life - A life of abundance, fulfilment and freedom. Download a free copy of her book - Pray. Affirm. Receive - How to get clear, stay clear and take action to get what you want out of life - RosemaryNonnyKnight.com/freeguest.

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7 Comments

7 Comments

  1. Inspiration Pilot

    Oct 6, 2014 at 11:05 pm

    I love number 10. As Robert H. Schuller said: “I’d rather attempt to do something great and fail than to attempt to do nothing and succeed.”

  2. ezeblaiseBlaise

    Apr 24, 2014 at 3:43 pm

    As a Nigerian who has spent years in Asia and now back, I see first hand the negative effects of low motivation and victimhood (not sure it’s a correct word, but whatever). People feel so helpless and are willing to wallow in low achievement and satisfaction. Worse, they all feel people owe them something, the government, family, community. Each day I keep thinking how I can help my people jettison such mindset and take responsibility of their lives, finances, successes.

  3. catherine

    Mar 1, 2014 at 6:14 pm

    Great tips.

  4. Ugo

    Oct 24, 2013 at 7:11 pm

    Awesome tips.Thanks Jack.

  5. stephon

    Oct 22, 2013 at 12:47 pm

    be responsible for your mistakes but learn from it

  6. Sebastian

    Oct 12, 2013 at 7:33 pm

    Number 4 is HUGE. I adopted this belief several years ago and it dramatically changed my life. The interesting thing is that once you believe anything is possible, you become shocked at how little people believe in themselves.

    Everyone is convinced that going after your dreams is too hard and too impossible. How can you live thinking like that?

  7. Adam Finan

    Oct 10, 2013 at 5:17 am

    Jack has some great books and advice for living a positive life.. Happiness comes from within and is a choice..

Leave a Reply

Your email address will not be published. Required fields are marked *

Success Advice

3 Important Principles You Need to Know That All Billionaires Have in Common

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billionaires
Image Credit: Twenty20.com

I’ve always been highly interested in the similarities amongst the world’s wealthiest. Their habits, successes, mindset, and failures have fascinated me. The journey to great prosperity can seem overwhelming, but if you apply success principles to any endeavor you can quickly and efficiently overcome challenges and expand.

Michael J. Gabrielli, founder of WeRunAds, has spent hundreds of hours and tens of thousands of dollars studying billionaires and their habits. Michael has also studied over 2000 different billionaires and from this experience he’s found three principles they all had in common.

Here are the 3 principles the billionaires all had in common:

1. Be in a rapid growth industry at the right time

Timing is so important. Billionaires know when the time is right to enter a market. Most billionaires do not enter first or second into a market because of the inherent risks involved. Many billionaires let the pioneers pave the way and then leverage the knowledge gained to innovate and optimize in order to create something that works.

The key is to find an industry that is soon to take off. Stepping in at the right time is important. Let’s take a real life example that is known all too well– the founder and CEO of Facebook, Mark Zuckerberg. When he entered the scene, the idea of a social network was moderately known, but it was still not quite predicted to be the monster it is today.

Others like Friendster, Myspace, etc. had made some headway into this fledgeling industry and then Facebook entered leveraging the knowledge and expertise gained from the early pioneers. Zuckerberg saw the huge potential of social networking, took what was done previously and made it better.

He is presently worth over $66 Billion and the company has surpassed the 2 billion users mark with 1.4 billion using the platform daily. Not surprisingly, many billionaires were not the first to pioneer the industry they would later find success in. They came in at the right moment, learned from the mistakes and triumphs of their predecessors, and made a lasting final product.

Here’s a practical 3 question exercise you can do to judge if you have the right timing with your current venture:

  1. Look at your industry and say—is this brand new?
  2. Am I trying to invent something that doesn’t exist?
  3. Am I too late to the party?

2. Position yourself better

In addition to finding the right industry and getting in at the right time, billionaires position themselves in the best way. They provide the solution to the need and they think outside the box to do it. Optimal positioning is a commonality amongst billionaires. For example, during the California Gold Rush, people rushed to mine for the gold itself blinded by the promise of large profits.

However, it turned out that Sam Brannan had the better idea for how to position himself for success. He knew the chances of finding gold were risky, so instead he committed to a sure thing. He manufactured the tools that were needed by all the miners to mine gold. As each new miner migrated West, they were happily met by Brannan and his company who were ready and waiting to sell these new hopefuls the shovels and tools they’d need to strike it rich.

Digging for gold seemed to be the most profitable route, however, greater returns were yielded in the supplying of materials required to mine for gold! A good company that also illustrates this concept is Microsoft. They did not seek to create their own computer, but the software that computers would run on. Most people mistakenly think they have to “go for the gold” to attain wealth, but it’s evident in history that selling the necessary tools to the gold miners can be far more profitable.

The two questions you need to ask yourself to see how you could position yourself correctly are, “What industries will need the supplies that I could provide? And, “Am I following the trend instead of innovating?

“Big shots are only little shots that keep shooting. I can see your sun rise out of obscurity. Keep shooting” – Ikechukwu Joseph

3. Take calculated risks

Most people choose the safe bet that is secure, however, this is not common among billionaires. Billionaires take big calculated risks in order to propel themselves to higher levels of influence and success. The most important thing to note here is that while to others the risks seem big—to billionaires, they are calculated.Risk and Calculated Risk are not the same. Calculated risk is measured and well-thought-out. Risk is impulsive and immeasurable. Understanding the difference between the two is a commonality among billionaires. The world’s most prominent figures have at some point in their lives disagreed with the ordinary and took a shot at the unknown. Proper calculation and clever thinking certainly accompanied the bold moves they made in their careers.

Howard Schultz, the CEO of Starbucks, is a great example of this. He had grown up in poverty and made his way out to earn a comfortable wage as an executive at a company that manufactured coffeemakers.

“Risk more than others think safe.” – Howard Schultz

He risked it all when he discovered a small coffee shop named “Starbucks” in Seattle that prompted him to quit his job and step out to create a company that was inspired by the Italian coffee culture and personal relationship people could have with their coffee.

Of the 242 people he spoke to, 217 said no to investing with him. Despite the discouragement, lack of agreement, and investment, Schultz kept pushing on. Fast forward to present time, and Starbucks’ is a massive success. Strong intuition and unshakeable belief is common among high achievers. Many successful billionaires risked their safe jobs, personal assets, and even their reputation to take calculated risks that they knew would pay off huge in the end.

The questions you need to ask yourself now are, “where can I take a calculated risk? Am I holding back when I should be going forward? What tangible steps can I take today to move forward?”

These 3 success principles are staple elements that are common among many billionaires. Now, there are more principles that you must discover and implement in order to become a billionaire. Work diligently and do all that can be done each day. Be inquisitive and study those that you wish to emulate.

Which one of these principles do you need to work on more this year? Let us know in the comments below!

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One Question You Must Answer to Ensure Personal Success

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I don’t believe in quick fixes, in get-rich-quick schemes, or any other system that guarantees instant success with only a modicum of effort. But, I do believe it’s possible to condense great strings of logical thought and intellectual algorithms into basics. I like to keep things simple! Many of my clients love the fact that I don’t overly complete things, and frankly, so do I! I like to ask simple questions whose answers can be had quickly but require some focus in obtaining the outcome.

Here’s the question I always ask: What is standing between your current reality (where you are now) and your ultimate vision (where you want to be)? Are the impediments psychological, physical, emotional or some other reason?

Until you answer what is causing the difference between your AS IS and your SHOULD BE, you will be stuck spinning your wheels in the mud and the muck of the former. This is an important question that requires a level of mental self-examination. And the answer to this question may require a lifetime of introspection. It is an important question to answer because if you know where you want to go that provides direction but examining why you are not there yet can provide momentum. (In other words, by answering the question it may get you there faster!)

“Success is not final; failure is not fatal: It is the courage to continue that counts.” – Winston S. Churchill

It’s just like following a road map. A map is useless unless you know two things, where you are, and where you want to go. What might be stopping you (or at least slowing you down) from the ultimate destination of your passion and life’s fulfilment?

I’ve asked many people about this over the years and have heard these four reasons that keep people from moving forward.

1. Lack of vision

How do you plan to get there, if you don’t know where “there” is? The most difficult undertaking in the world is to sit quietly with a blank sheet of paper and chart out your life. I know, I have many blank sheets of paper to prove it. However, I also found out that it only takes one sheet, with a few well-crafted lines of thought to give you the direction you need. But you need to start!

2. Lack of goals

So, you know where you want to go, you just don’t know how to get there. The second hardest thing in the world is to have a sheet of paper with your ultimate destination on top, and the rest blank as you ask yourself, now what or how do I get to my vision? The process of functional decomposition means breaking down the larger process into steps that are both actionable and motivational. In other words, the steps are small enough to do and you remain motivated because they are so small.

“Successful people do what unsuccessful people are not willing to do. Don’t wish it were easier; wish you were better.” – Jim Rohn

3. You don’t believe you can get there

You want to, but there is a script running through your head telling you to go home, make some chicken soup and don’t leave the house until these foolish notions of greatness are gone. Think about it, your parents never did what you are trying to do, no one in your family has ever done it, you are far too old (or too young) to do that, you don’t have the right education…your rationalizing can go on for a lifetime! Here is my suggestion when it comes to running those self-deprecating scripts: STOP IT!

4. You are lazy

You won’t admit this to yourself, but perhaps you are just plain lazy. I’ve seen it so many times; individuals majoring in minors. Performing high fun, low payoff activities instead of the low fun, high payoff activities. (And, by the way, who ever said that a high payoff activity can’t be fun? There’s that darn script again.) As a species we are inclined to take the path of least resistance, but that path may not lead us to our vision, but you must admit, we are having a great time NOT moving toward our vision! Laziness is not “doing nothing.” It’s doing the wrong thing because that’s what you want to do, and, very often, we know it’s the wrong thing to do!

There you have the four possible things that might be holding you back from the realization of your vision. Are any of them hitting home? Answer this question before you move on:

What is standing between my current reality and my ultimate vision of success?

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4 Character Traits Blocking Success From Entering Your Life

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Some days you wake up full of energy and ready to face the day. The challenges you gave yourself the day before seems almost too easy. However, there are also other days where you find yourself without the desire and energy to move forward. Operating from this mindset, you lose productive time, counted first in minutes, then hours. Sometimes your loss of productivity can be measured in days, weeks and months of missed opportunities.   

Since you will not wake up every day bursting with excitement, you must find a way to summon the energy necessary to pound out another story for a publication, work on your social media content plan and write new copy for your website.

To understand why you are unable to take the actions required for success, you must first identify what blocks you. You can’t overcome challenges you aren’t aware of, and this is the juncture separating those who succeed from those who don’t.

Here are the four main character defects that block success:

1. Apathy

Apathy is exhibited as a lack of concern. It shows up when you are tired or stretched too thin. Many entrepreneurs work one or more jobs while attempting to launch a business, whether online or brick and mortar. When progress can’t be seen, it is easy to stop caring and give up.

2. Procrastination

Procrastination can occur when you get up ready to give all you’ve got to your endeavor, but first you check out an episode of your favorite Netflix show while you have coffee. After eight hours of binge-watching, your productive mindset is gone which leaves you demoralized. This in turn brings you back to apathy, triggers fear and causes more procrastinating.

3. Fear

Fear is a corrosive emotion everyone struggles with, and if you are not careful, it will absolutely stop you in your tracks. Fear will say you cannot obtain your dreams. The most successful entrepreneurs and business leaders grapple with anxiety, worry and apprehension, yet you rarely see them paralyzed by their fearfulness. Like them, you can’t defeat your fear unless you identify it. With an insightful mentor, you can easily determine what you are afraid of. Once it is recognized, you’ll find the strength to walk through it.   

“Curiosity will conquer fear even more than bravery will.” – James Stephens

4. Overwhelm

Overwhelm occurs when you commit to more than you are capable of doing. Balance and giving the appropriate amount of time to all aspects of life is a tremendous challenge. Have you found yourself overwhelmed when a friend asks a favor of you while you are trying to meet a deadline at work and maintain focus on your entrepreneurial side project? Do you worry how you’ll ever find the time to get it all done? Often when this occurs, we may mentally shut down and accomplish nothing.

To counter the deficits listed above, you must identify, then develop the opposite, positive traits necessary for success. It’s important to understand the “why” of each attribute because only then can you fully tap into the power they offer to help you accomplish your goals.

Here are the four traits to counter the above traits with:

1. Purpose

Purpose gives voice to why you are alive. It tells you and others what you are working toward and why. Living out your purpose is the single greatest weapon against apathy. Knowing your purpose gives you a standard with which you can measure your progress. It motivates you to think, act and ultimately, to succeed.

2. Action

Action is the opposite of procrastination. When your effort is focused on achieving an objective, action propels you forward. Breaking a large project down into small, manageable steps, you’ll gain the needed traction to successfully reach your goal!

3. Courage

Courage is built by first facing, then walking through your fears. Courage gives you strength to do what you think is impossible. Developing a relationship with a mentor, someone willing to tell you the truth about what they see, is crucial to success in this area. With help, you can first identify, then make the adjustments necessary to identify and release the fear blocking you.

“Success is not final, failure is not fatal: it is the courage to continue that counts.” – Winston S. Churchill

4. Focus

Focus is the final attribute. What you give your attention to is the single most important factor influencing your success. You become what you focus on. When you focus on your purpose, take the necessary actions and develop the courage to bust through, you win!

This is not an all-inclusive list, it’s simply a starting point. As you tackle and overcome your grosser defects, the subtler ones will begin to surface. Slowly, with help from your trusted mentor, you will work and grow through these challenges.  

As you become stronger, you’ll be able to withstand additional demands. You meet them head-on with the new skill set you’ll develop as you let your old ones go. You will be more effective, positive and energetic along with ready to take any action necessary. You are a winner!

Which one of the character traits above do you need to focus on most in order to achieve success? Let us know in the comments below!

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6 Important Decisions to Make to Have a Successful Career

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Would you rather paint your bedroom blue or beige? What is your usual coffee go-to order: a mocha or a macchiato? Should you take the bus or the train to work today? Decisions are everywhere. They are the ones behind our choices and the ones behind all consequences that we face for those choices.

Life is riddled with decisions at every intersection, and some say that those who are the best decision-makers can actually make the most of their time on this planet. Sure, inspirational and spiritual speakers have a lot to say when it comes to the matters of fate, luck or destiny, but only the successful know that a man is truly capable of shaping their own as per their choices.

From choosing on whom to delegate that difficult task to knowing when to bring up a tricky topic during a meeting with shareholders, decisions have the potential to shape your careers as well. If you have been wondering about the ways that you can improve your career, you can consider bringing in some smart decisions in your life right now.

What are the decisions that can help you have a successful career? Since decisions play such a huge role in shaping our lives and careers, you may wish to pick up a few that help you scale higher in your career as well.

Here are 6 of the most important decisions to bring into your life today so that you can take your career to newer heights:

1. Put your goals on paper

Sure, it’s great to have goals for your career, but simply letting them wander about in your mind is not going to help you achieve them, you know. That is why you need to have a list of goals that you have set for yourself – on paper.

Maintain a journal (virtual or offline, whichever works for you) that enlists your career objectives and goals according to short-term and long-term ones. For example, you can put upskilling in short-term goals and moving to a higher managerial position by the end of three years as a long-term goal.

Establish parity in the short-term and long-term goals so that you can synthesise them when the time comes. Jotting down the objectives will help you have a clear idea of where you stand and the way that you should go to bring about the positive changes in your career.

2. Bring in a daily dose of positivity

Let’s face it, all of us have encountered setbacks in our professional lives. The most important lesson to take from those setbacks is to never become pessimistic about what you can achieve. Positivity has helped many to soar the skies when it comes to their careers, and with a conscious decision to eliminate all sorts of negative thoughts from your mind can help you in doing the same too.

You will find a bunch of success stories that all start and end with how important it is to persevere in the face of adversities and letting your positive aura shine through in dark times. One of the smartest things that you can thus do for your career is to decide to chuck all negativity (as well as toxic acquaintances) that make you doubt your abilities and pull you down.

“Growth is never by mere chance; it is the result of forces working together.” – James Cash Penney

3. Hone your writing skills

No matter which industry you belong to, an impressive writing style in this fast-paced age of digital communication truly has the power to take you places when it comes to becoming more successful in your career.

The blessing that is the web has brought on a range of online tools and resources that you can put to good use for improving your writing skills. If you need to review your official documents and emails, then try online tools to edit and proofread your documents efficiently. You can also use online tools and tutorials to pick up tricks that help you sharpen your writing and make it devoid of common mistakes we all prone to making.

4. Upskill yourself proactively

Whether it is learning to code or taking up creative writing classes, you should decide to upskill proactively throughout your career. Upskilling has benefited more than one, and when the time comes for a job switch to move on to better prospects, you can always leverage the additional skills picked up earlier. As we move towards a faster and more digitised work sphere, it is best to attune oneself to the latest trends and in-demand skills of your industry and beyond to make sure that you are prepared when it is time to take the plunge.

5. Reflect on each day

When you are at work, the days seem to go by in a dizzying blur, leaving you breathless from the sheer pressure of work and tasks that you have to manage throughout the day. Deciding to spare time for yourself despite your busy schedule ensures both personal and professional growth, as leading psychologists opine.

Treat each day as a lesson, and you will end up with a long list of things that you learnt from each of them as they went by. An excellent way to do this is to keep a journal, but if you do not feel up to writing at the end of the busy day, you can always unwind while listening to your favourite music and reflect on the day that was.

6. Pick up a healthy lifestyle

Lastly, it is important to decide to be healthy and fit for only by that will you be at your productive peak to help you achieve all that you want to in your professional sphere. Devote some time to exercise every day and have a healthy diet.

You are sure to find many benefits of having a healthy lifestyle when you rise and shine to go to work with renewed vigour every day that helps you create innovative designs or brainstorm for killer marketing tactics. You never know which hidden potential of yours gets unlocked by facing work with a positive and beaming attitude every day, so why not take a leap of faith?

“Strength and growth come only through continuous effort and struggle.” – Napoleon Hill

Staying ahead of the competition, working overtime, managing piles of emails and getting stuck in the daily conundrums of work may sometimes leave you wondering as to where it is that you are headed when it comes to your career. Cruise through your career like a pro as these six decisions present a world of benefits for your personal and professional growth.

What decisions have you made that have helped you grow professionally? Comment below!

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