Success Advice
What Every Entrepreneur Can Learn From The 4 Richest Hip Hop Moguls
While many hip-hop artists are quick to jump on the mic and talk about all the money they’ve made, none have been able to attain the success (and salary) that the following businessmen/rappers have. Their success wasn’t all due to their lyrical abilities—they all possess very business-savvy traits found in many Fortune 500 CEO’S.
We can all afford to take a lesson or two from these four formidable hip hop artists who took their empires from the studio to the “C level”.
Lessons From The 4 Richest Hip Hop Moguls
Sean “Diddy” Combs Networth: $580 Million
Diversification
The rapper-actor-producer-designer-entrepreneur Sean “Diddy” Combs, seems to make a few million every time he changes his name. He’s gone under the names Puffy, Puff Daddy, P. Diddy, Diddy Dirty Money, and finally, Diddy.
But Diddy (as I’ll refer to him from now on) has come a long way from his days as a party promoter at Howard University. After signing the late Notorious B.I.G. to his newly formed Bad Boy Records, his career skyrocketed, first as a producer/rapper and then as an entrepreneur.
Diddy’s empire, Bad Boy Entertainment Worldwide, owns and operates Bad Boy Records, restaurants in NYC and Atlanta, numerous clothing and fragrance lines, and helped turn Ciroc vodka into the second ultra-premium vodka in the world.
Lesson Learned Whether you are investing your time or money—diversify, diversify, diversify! Diddy didn’t stop (can’t stop, won’t stop) with music, so find multiple markets or tracks to invest in!
50 Cent’s Networth: $260 Million
Branding
After growing up in poverty, being shot nine times, and having his debut album shelved, it seemed the 50 Cent just couldn’t catch a break. After hearing about his violent past, no record company would have him in their offices. In fact, it’s rumored that 50 Cent wrote a few songs for Diddy until the mogul saw 50 carried a gun with him to the studio.
Finally, 50 Cent caught a break when Dr. Dre and Eminem gave him a shot.
50 quickly released hit after hit and topped the charts. But it seemed that just being a rap superstar wasn’t enough. Instead of endorsing brands, 50 Cent looked to break new ground. While just putting one’s name on a product for a flat fee was a standard practice, almost all of his deals included equity in the product on top of an endorsement fee.
Some of these deals included his own clothing line, a shoe line with Reebok, books, movies, and video games—who needs to rap? But his biggest paycheck came from an unsuspecting source when Coca-Cola acquired Vitamin Water. 50 Cent, who owned a 5% stake in the company, walked away with $200 million—10 times as much as he had made selling records.
50 Cent now owns SK Energy Drink that is taking over the Energy Shot market.
Lesson Learned: 50 Cent came into the industry with a bad stigma attached to him. When he finally got a chance to make his mark, he put his name on everything and it paid off. Put your business’s name on all your merchandise—everything from shirts and umbrellas to golf items and custom sunglasses can be branded by companies like Pinnacle Promotions—as you never know what’s going to be the true moneymaker in the end.
Dr. Dre’s Networth: $360 Million
Talent Acquisition
Most recently, Dr. Dre made headlines (and about $150M) with his Beats by Dre Headphone line. The headphones have been endorsed by Lebron James, Lil Wayne, and college students on campuses across the world. But before the doc got his hand in business, he was known as one of the best scouts for talent in the industry.
As a producer and rapper, he is contributed with kick starting the careers of some of the biggest names in hip-hop: 50 Cent, Kendrick Lamar, Snoop Dogg (aka Snoop Lion), and Eminem. But it seems that the 48 year-old is focusing less on looking for upcoming rappers, and more on finding the vice presidents of his next start up.
Dre and business partner Jimmy Iovine have donated $70 million dollars to the University of Southern California to create a new degree which will blend marketing, business, product design and development, and liberal arts. The first class of students are set to begin the new degree in 2014 and may be en route to becoming music moguls themselves.
In anarticle detailing the contribution, Dre says “this is the biggest, most exciting and probably the most important thing that I’ve done in my career.”
Lesson Learned: Always be on the lookout for fresh, new talent. Whether you use local head hunters or websites such to find talent, bringing new ideas into your conference room can be the difference between winning over new clients and moving into a studio apartment.
Jay Z’s Networth: $500 Million
Networking
Jay said it best himself—he’s not a businessman, he’s a business, man! While he may not be the richest hip-hop mogul, he has definitely become the face of the industry. Before blowing up as a face of a genre, Jay created Roc-A-Fella Records and clothing line. Not long after, he began to dive into other industries. His business ventures range from hospitality (40/40 Club), live concert promotions (Live Nation/Roc Nation), sports management (Roc Nation Sports), and at one point was a part owner of the Brooklyn Nets.
However, Jay’s real strength is his power of networking. Year after year, he has shown his ability to connect with musicians from different genres, CEOs from various industries, and even the leader of the free world, President Barack Obama. What other musician do you know that texts with the President?
Lesson Learned: You’re only as good as the company you keep. Jay recognized this as his music career started to turn into a business career. You can be the savviest businessman/businesswoman, but if no one knows, you’ll get nowhere. Connecting with likeminded individuals and joining industry discussions on LinkedIn could be the key to landing your dream job, securing investments for your venture, or connecting with the perfect partner.
Checkout this interesting graph of Jay-Zs Estimated Brand Value
As album sales continue to drop, the music industry is becoming less and less enticing. While some artists seem to be only relying on their musical ability, others are looking elsewhere to retain their wealth. Whether you look up to 50 Cent’s branding marvels or the networking skills of Jay Z, these artists are prime examples of savvy rappers turned business moguls.
Over the years, many of the talking heads and pundits in the personal development and success science industry have talked about the immediate replacement of negative thoughts with positive thoughts. The logic behind that particular behavioral strategy seems to make sense on the surface. Think about it, when a negative thought rears its ugly head, we should immediately dive into the repository of positive thoughts that we have available to us so that we could immediately begin to dwell on it.
Even further, some gurus of the genre suggest removing any chance of having a negative thought by the constant repetition of affirmations. Again, tried-and-true motivational technology that is very workable and still useful. I would suggest, however, that you view the above behaviors as tactics more than strategies.
I will further suggest to you that you do not abhor your negative thoughts but rather embrace them, examine them, and place them under a spotlight. My reasoning behind this goes back over 100 years into psychology with stimulus/response, that is, the cause and effect of certain behaviors. Many individuals look at a negative thought as a causative driver. The negative thought exists as a cause, and our behavior toward that cause will determine the effect.
So, following this logic, if an individual has a negative thought which makes them feel sad, and that sadness causes them to binge drink, by removing the negative thought you’ll have removed the motivation for binge drinking. Doesn’t that sound kind of silly? The suggestion here is to turn off the negative thought so that it will turn off the consumption of alcohol.
Of course, this makes sense if we view the negative thought as a primal force in behavior. So, what if we started to think of the negative thought more as the result of something else? It means that the “something else” must change first. What if we took a different approach? What if we looked at a negative thought as an effect of some larger causal factor?
“You’re going to go through tough times – that’s life. But I say, ‘Nothing happens to you, it happens for you.’ See the positive in negative events.” – Joel Osteen
By reversing the cause-and-effect motion of negative thinking (saying that the negative thought is an effect), we now can ask a deeper, more penetrative question: Why are we thinking that negative thought? What is the underlying cause of that specific train of thinking? By reversing the cause-and-effect relationship of negative thinking, it allows the negative thinker to assume the role of diagnostician!
Below is a three-step process you can use to examine your negative thoughts, the role of it in your life, and how you can get rid of them:
1. Simply acknowledge the negative thought
Recognize the fact that there’s a negative thought in your mind instead of trying to go through a process of emotionally overlaying positive thoughts on top of it. Can you see how this exacerbates the issue? You have a negative thought, you immediately recognize that it must be changed, and you frantically scurry through the museum of your mind to find a positive thought to replace it.
In the meantime, while you are trying to find that positive thought, you’re feeling anxious, nervous, and guilty! When you finally find a positive thought to replace that negative thought, the normal process is to squash it. But you can’t! It’s like trying to get rid of weeds by covering them with rocks.
They will always find another way around the rock. It is the same with negative thoughts. Consequently, try acknowledging the negative thought.
2. Affirm the negative thought
It is a part of you. Instead of denying its existence, accept that it is there in front of you and that you are now willing to deal with it. If any of you reading this are dog lovers, you will know that the best way to get a dog next to you is by attempting to push it away from you. Every time you push the dog away it gets closer. This is the same with negative thinking because the harder you push the closer it gets.
“Always turn a negative situation into a positive situation.” – Michael Jordan
3. Acquit the thought
Give it permission to leave you. Thank it for its past importance in your life and allow it to be on its way! At this point feel free to replace the negative thought with a positive thought. What will begin to happen when you place the negative thought under the spotlight is that you will see how insignificantly small it actually is.
This is a process I’ve been using for quite some time, and it works! Oh sure, I still use affirmations on a daily basis; as a matter fact I have them right here in front of me. I find that affirmations are a tremendous way to stay positive because it doesn’t allow any room for bad things to grow. But since the average person thinks 60,000 to 65,000 thoughts per day, let’s face it, a few negative thoughts have to squeak in there!
The best advice that I can give is to not freak out over a negative thought. Acknowledge it, affirm it, and acquit it! This is magic. Watch what happens!
How do you handle negative thoughts? Let us know your tips below!
Image courtesy of Twenty20.com
I used to be a very anxious person.
I was embarrassed by what I couldn’t do and every day was a struggle. From the moment I would wake up to the moment I’d go to bed, everything felt impossibly overwhelming. It’s a battle I’ve dealt with most of my life.
This daily struggle with mental illness taught me that the satisfaction didn’t lie in beating it; the satisfaction was in helping other people beat mental illness through my success in fighting it.
Recently, I was at work. It was a pretty standard day — nothing too exciting. I then had a catch up with one of the leaders I worked with.
She said something that got my attention: “One of our colleagues is battling a mental illness.”
I really wanted to help. My eyes lit up. There was no need to uncover my plan with anyone else. I knew that staying discrete was fundamental.
I approached the person in question and asked for a few minutes of their time.
I didn’t ask them to admit their mental illness struggle; I just shared my story.
I talked about the anxiety stopping me from having a normal life, eating the right foods, going on dates with girls, having the career I wanted and traveling the world.
I wasn’t sure if any of it was sinking in or even helping. I felt compelled to go on. One thing I knew was that he was paying attention. I could see it in his eyes.
I then went on to talk about how I beat mental illness. Strategies such as:
- Creating fear lists
- Seeking professional help
- Working on myself
- Books I read
- Events I attended
Out of nowhere, he started opening up about his own struggle. I was shocked.
It wasn’t pretty. He had an extreme case of mental illness that I certainly couldn’t diagnose or give professional advice on.
“All I could do was show him through my own story that there was hope”
I offered him access to all the resources I had. I told him that he had my full support and I’d be happy to help in any way I could. He then said:
“What was your psychologist’s name?”
I told him I’d look it up and send it to him. I didn’t have the answer in front of me, but I was determined when I got home to find it.
At the end of the catch-up, he smiled. I don’t think he’d smiled like that in a very long time.
That smile gave me so much satisfaction. It made my own struggle with mental illness worth it. All those sleepless nights, times spent vomiting into the toilet and dark days where I didn’t want to go on made sense.
“It took more than seven years for me to understand that my own battle with mental illness actually had a benefit”
That benefit was the satisfaction in seeing someone beat their mental illness because I was able to defeat mine.
It’s probably the greatest satisfaction of my entire life.
That’s one thing I can teach you about life that will help you forever.
Everyone wants more time, that is something almost all of us share. Time is the most valuable resource and when you learn how to make your time work for you and how to get the most out of it – you experience life differently.
Improving how you manage your time is one of the biggest gifts you can give yourself – it’s a real game changer in your business and personal life. There are many ways that you can get more productive and get the right things done sooner; but not all of them are obvious or bring the same results.
Here are 5 productivity shifts you want to make if you are trying to make the most out of 2019:
1. Ditch your to do list
Productive people don’t keep to-do lists, they schedule everything they need to do in their calendar and work directly from their calendar! To-Do lists are just ineffective and they are impeding your productivity. A never ending list of items only leaves you overwhelmed and with a false sense of ‘productivity’.
If you schedule your To Do’s directly into your calendar at a time to get them done, you commit to it and you are more likely to get it done. Less is more – you don’t need a separate list to remind you what you need to do.
“Productivity is less about what you do with your time and more about how you run your mind.” – Robin Sharma
2. Give up on motivation
Productive people don’t always have to be motivated before starting something. They balance discipline with motivation and do what they need to do, regardless of motivation. When we come up with resistance to take action on what we have planned, we might tell ourselves that we are not motivated and we believe that we need to be motivated to complete any task.
If you want to increase your productivity, you need to challenge yourself more in the moment to take action and give up on motivation sometimes. Do what you need to in order to get the results you want in the future. Don’t make decisions based on how you feel now, make them based on what result you are really after.
3. Master your mornings
Wake up early and get yourself into the productive mindset with your routine and diet! Productive people start the day with some sort of routine, whether it’s meditation, exercise or visualization, etc. AND they have a healthy breakfast to fuel them for the day. Your health is everything when it comes to productivity, what you eat directly affects your productivity.
We can just no longer ignore the direct connection any more. Get in the right mindset to start your day and fuel your mind and body to get the most out of it. Starting your day off in any other way undermines your success – there is no doubt.
4. Schedule according to energy
Productive people know their energy cycles and they plan tasks around their energy levels. Why plan something at a time when you know it will be hard to rise to the challenge? Schedule tasks that require focus and concentration for those times of day that you feel the best and you will find it’s easier to follow through and you will be at your best to perform. Identify your filler tasks and complete those when your energy drops. Be more realistic when scheduling your tasks and set yourself up for wins.
“Productivity is never an accident it’s the result of a commitment to excellence, intelligent planning & focused effort.” – Paul Meyer
5. Working backwards
Productive people always focus on those activities that will take them to the next level. They plan backwards, they look at their goals, then identify the tasks they need to do to support those goals. Those tasks get broken down into weekly actions. That’s how they plan.
Don’t only plan on tasks that come in or those which you ‘feel’ or ‘think’ you should be doing. Your day needs to consist of at least one activity that directly supports your longer term objectives, your big project. What sounds like common sense is definitely not common practice.
Create the right habits to achieve your goals, work on adopting easy tips and techniques so you can manage your time and yourself better to get things done.
We all have access to the most powerful computer ever created in the universe…our brain. Unfortunately, few of us have ever been taught how to use our minds efficiently, and even fewer have learned how to develop a fabulous memory. Thankfully, like any skill, memorising can be learned and using the correct strategies, your memory can be improved in only days.
One of the best coaches on memory is Dominic O’Brien the eight-time world memory champion. Self-taught after watching Creighton Carvello memorise a pack of cards on the BBC’s Record Breakers programme. Dominic, through his work on memory, has given us many tools and techniques for improving memory.
Below are 5 rules that will help you develop a better memory:
1. The Rule of Five
Probably seen as one of the most significant contributions to the body of knowledge on memory is O’Brien’s Rule of Five. This rule details how to remember things using a strategy of regular staged repetition.
These stages are as follows:
- First Review:Immediately
- Second Review:Twenty-four hours later
- Third Review:One week later
- Fourth Review:One month later
- Fifth Review:Three months later
Utilising stage repetition at these intervals ingrains the memory for the long term.
2. The Dominic System
The Dominic System is a system for remembering numbers. The system is a Person Action system where the association between two sets of paired numbers is the person with the action of the next person.
1139 would become Andre Agassi doing a roundhouse kick which is the action of Chuck Norris. This system combined with the journey method allows for long random numbers to be easily recalled without error. The fantastic thing about this system is that you get to customise for yourself with memorable people and unique actions which when combined really make it easy for you to recall numbers. The table below associates each number to a letter.
Number 0 1 2 3 4 5 6 7 8 9
Letter O A B C D E S G H N
Creating a simple document with pairs of numbers in one column, the letter pairs in the next and an action column will help you learn this system quickly.
“Nothing can substitute for just plain hard work. I had to put in the time to get back. And it was a grind. It meant training and sweating every day. But I was completely committed to working out to prove to myself that I still could do it.” – Andre Agassi
3. The Link Method
This method relies on two essential elements of memory, association and exaggeration. Utilising these two elements, it is possible to link together unrelated objects to allow you to remember them.
Trying to remember a list of five separate words such as: balloon, papaya, gold, football and hat, might go something like this. You imagine seeing a giant balloon and inside the balloon you can see a small papaya, in bursting the balloon the papaya falls out and as it hits the floor a gold football bounces into a large sombrero.
4. The Journey Method
Using location has been a fundamental part of mnemonics almost since time began. Before humans, writing elders would pass knowledge to others using stories of journeys, with each piece of knowledge being associated with a location on the journey.
O’Brien’s system utilises journeys that you would undertake on a daily basis, like your commute to work or train stations on well-known line. Items are then associated and exaggerated along the journey, so for instance if you were trying to remember a list of ten random things you would associate each piece along with a unique ten stop journey and utilise exaggeration to make the items more memorable.
“You are well equipped with an incredible potential for absorbing knowledge…Anything’s possible.” – Dominic O’Brien
5. The Story Method
To remember groups of information, create a story that links them together. Remembering the planets of the solar system and their position relative to the Sun, Mercury, Venus, Earth, Mars, Jupiter, Saturn, Uranus and Neptune.
Imagine that Mercury was hitting the nineties as Venus tossed the tennis ball into the air, striking the ball it soared over the net striking the earth and bouncing high into the air, knocking the mars bar out of Jupiter’s hand, and so on.
Developing a good memory will assist markedly in all of your personal development goals as well as assisting greatly in your daily life. The methods above are tried and tested by one of the leading memory champions. Whether you want to become the next World Memory Champion or just improve your recall, the techniques outlined above will assist greatly.
Combining the various elements will create an exponential improvement in your memory that you will find hard to believe, and you will be kicking yourself for not applying them sooner. The best part about using these methods is that they are fun, so enjoy using them.
Which one of these memorizing methods sounds most interesting to you? Share with us below!
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10 Small Startups That You Can Build on Your Own Right Now
Having a business of our own is a dream that is very obvious and common all throughout. With the rise in startups and funding options, the market is blooming with successful entrepreneurs. And rightly so! But many ambitious people are seen dropping out of their dream of building a business only because of the funds involved in setting up one! We forget to acknowledge that the idea if planned and executed well, is strong enough to pull in all the investments. (more…)
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They will be billionaires in the next 10 or 20 years. There is no sign of them stopping to try to become more and more succesful.
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In addition to working smart, these guys work HARD. I’ve actually had a chance to meet 50 Cent on a couple of occasions, and that guy is non-stop. I got the vibe that even when he’s not working, he’s thinking about and planning his next moves.
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If the streets were to give degrees I bet these guys would have graguated with PHDs in streetconomics
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Thanks for reading Dhanha, glad you agree! Any idea who the next rapper to transition from the booth to the conference room? My money is on one of the A$AP Mob.
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This is to the T. I have always felt this how these hip hop moguls have made the mark. Kudos to you.
Over the years, many of the talking heads and pundits in the personal development and success science industry have talked about the immediate replacement of negative thoughts with positive thoughts. The logic behind that particular behavioral strategy seems to make sense on the surface. Think about it, when a negative thought rears its ugly head, we should immediately dive into the repository of positive thoughts that we have available to us so that we could immediately begin to dwell on it.
Even further, some gurus of the genre suggest removing any chance of having a negative thought by the constant repetition of affirmations. Again, tried-and-true motivational technology that is very workable and still useful. I would suggest, however, that you view the above behaviors as tactics more than strategies.
I will further suggest to you that you do not abhor your negative thoughts but rather embrace them, examine them, and place them under a spotlight. My reasoning behind this goes back over 100 years into psychology with stimulus/response, that is, the cause and effect of certain behaviors. Many individuals look at a negative thought as a causative driver. The negative thought exists as a cause, and our behavior toward that cause will determine the effect.
So, following this logic, if an individual has a negative thought which makes them feel sad, and that sadness causes them to binge drink, by removing the negative thought you’ll have removed the motivation for binge drinking. Doesn’t that sound kind of silly? The suggestion here is to turn off the negative thought so that it will turn off the consumption of alcohol.
Of course, this makes sense if we view the negative thought as a primal force in behavior. So, what if we started to think of the negative thought more as the result of something else? It means that the “something else” must change first. What if we took a different approach? What if we looked at a negative thought as an effect of some larger causal factor?
“You’re going to go through tough times – that’s life. But I say, ‘Nothing happens to you, it happens for you.’ See the positive in negative events.” – Joel Osteen
By reversing the cause-and-effect motion of negative thinking (saying that the negative thought is an effect), we now can ask a deeper, more penetrative question: Why are we thinking that negative thought? What is the underlying cause of that specific train of thinking? By reversing the cause-and-effect relationship of negative thinking, it allows the negative thinker to assume the role of diagnostician!
Below is a three-step process you can use to examine your negative thoughts, the role of it in your life, and how you can get rid of them:
1. Simply acknowledge the negative thought
Recognize the fact that there’s a negative thought in your mind instead of trying to go through a process of emotionally overlaying positive thoughts on top of it. Can you see how this exacerbates the issue? You have a negative thought, you immediately recognize that it must be changed, and you frantically scurry through the museum of your mind to find a positive thought to replace it.
In the meantime, while you are trying to find that positive thought, you’re feeling anxious, nervous, and guilty! When you finally find a positive thought to replace that negative thought, the normal process is to squash it. But you can’t! It’s like trying to get rid of weeds by covering them with rocks.
They will always find another way around the rock. It is the same with negative thoughts. Consequently, try acknowledging the negative thought.
2. Affirm the negative thought
It is a part of you. Instead of denying its existence, accept that it is there in front of you and that you are now willing to deal with it. If any of you reading this are dog lovers, you will know that the best way to get a dog next to you is by attempting to push it away from you. Every time you push the dog away it gets closer. This is the same with negative thinking because the harder you push the closer it gets.
“Always turn a negative situation into a positive situation.” – Michael Jordan
3. Acquit the thought
Give it permission to leave you. Thank it for its past importance in your life and allow it to be on its way! At this point feel free to replace the negative thought with a positive thought. What will begin to happen when you place the negative thought under the spotlight is that you will see how insignificantly small it actually is.
This is a process I’ve been using for quite some time, and it works! Oh sure, I still use affirmations on a daily basis; as a matter fact I have them right here in front of me. I find that affirmations are a tremendous way to stay positive because it doesn’t allow any room for bad things to grow. But since the average person thinks 60,000 to 65,000 thoughts per day, let’s face it, a few negative thoughts have to squeak in there!
The best advice that I can give is to not freak out over a negative thought. Acknowledge it, affirm it, and acquit it! This is magic. Watch what happens!
How do you handle negative thoughts? Let us know your tips below!
Image courtesy of Twenty20.com
I used to be a very anxious person.
I was embarrassed by what I couldn’t do and every day was a struggle. From the moment I would wake up to the moment I’d go to bed, everything felt impossibly overwhelming. It’s a battle I’ve dealt with most of my life.
This daily struggle with mental illness taught me that the satisfaction didn’t lie in beating it; the satisfaction was in helping other people beat mental illness through my success in fighting it.
Recently, I was at work. It was a pretty standard day — nothing too exciting. I then had a catch up with one of the leaders I worked with.
She said something that got my attention: “One of our colleagues is battling a mental illness.”
I really wanted to help. My eyes lit up. There was no need to uncover my plan with anyone else. I knew that staying discrete was fundamental.
I approached the person in question and asked for a few minutes of their time.
I didn’t ask them to admit their mental illness struggle; I just shared my story.
I talked about the anxiety stopping me from having a normal life, eating the right foods, going on dates with girls, having the career I wanted and traveling the world.
I wasn’t sure if any of it was sinking in or even helping. I felt compelled to go on. One thing I knew was that he was paying attention. I could see it in his eyes.
I then went on to talk about how I beat mental illness. Strategies such as:
- Creating fear lists
- Seeking professional help
- Working on myself
- Books I read
- Events I attended
Out of nowhere, he started opening up about his own struggle. I was shocked.
It wasn’t pretty. He had an extreme case of mental illness that I certainly couldn’t diagnose or give professional advice on.
“All I could do was show him through my own story that there was hope”
I offered him access to all the resources I had. I told him that he had my full support and I’d be happy to help in any way I could. He then said:
“What was your psychologist’s name?”
I told him I’d look it up and send it to him. I didn’t have the answer in front of me, but I was determined when I got home to find it.
At the end of the catch-up, he smiled. I don’t think he’d smiled like that in a very long time.
That smile gave me so much satisfaction. It made my own struggle with mental illness worth it. All those sleepless nights, times spent vomiting into the toilet and dark days where I didn’t want to go on made sense.
“It took more than seven years for me to understand that my own battle with mental illness actually had a benefit”
That benefit was the satisfaction in seeing someone beat their mental illness because I was able to defeat mine.
It’s probably the greatest satisfaction of my entire life.
That’s one thing I can teach you about life that will help you forever.
Everyone wants more time, that is something almost all of us share. Time is the most valuable resource and when you learn how to make your time work for you and how to get the most out of it – you experience life differently.
Improving how you manage your time is one of the biggest gifts you can give yourself – it’s a real game changer in your business and personal life. There are many ways that you can get more productive and get the right things done sooner; but not all of them are obvious or bring the same results.
Here are 5 productivity shifts you want to make if you are trying to make the most out of 2019:
1. Ditch your to do list
Productive people don’t keep to-do lists, they schedule everything they need to do in their calendar and work directly from their calendar! To-Do lists are just ineffective and they are impeding your productivity. A never ending list of items only leaves you overwhelmed and with a false sense of ‘productivity’.
If you schedule your To Do’s directly into your calendar at a time to get them done, you commit to it and you are more likely to get it done. Less is more – you don’t need a separate list to remind you what you need to do.
“Productivity is less about what you do with your time and more about how you run your mind.” – Robin Sharma
2. Give up on motivation
Productive people don’t always have to be motivated before starting something. They balance discipline with motivation and do what they need to do, regardless of motivation. When we come up with resistance to take action on what we have planned, we might tell ourselves that we are not motivated and we believe that we need to be motivated to complete any task.
If you want to increase your productivity, you need to challenge yourself more in the moment to take action and give up on motivation sometimes. Do what you need to in order to get the results you want in the future. Don’t make decisions based on how you feel now, make them based on what result you are really after.
3. Master your mornings
Wake up early and get yourself into the productive mindset with your routine and diet! Productive people start the day with some sort of routine, whether it’s meditation, exercise or visualization, etc. AND they have a healthy breakfast to fuel them for the day. Your health is everything when it comes to productivity, what you eat directly affects your productivity.
We can just no longer ignore the direct connection any more. Get in the right mindset to start your day and fuel your mind and body to get the most out of it. Starting your day off in any other way undermines your success – there is no doubt.
4. Schedule according to energy
Productive people know their energy cycles and they plan tasks around their energy levels. Why plan something at a time when you know it will be hard to rise to the challenge? Schedule tasks that require focus and concentration for those times of day that you feel the best and you will find it’s easier to follow through and you will be at your best to perform. Identify your filler tasks and complete those when your energy drops. Be more realistic when scheduling your tasks and set yourself up for wins.
“Productivity is never an accident it’s the result of a commitment to excellence, intelligent planning & focused effort.” – Paul Meyer
5. Working backwards
Productive people always focus on those activities that will take them to the next level. They plan backwards, they look at their goals, then identify the tasks they need to do to support those goals. Those tasks get broken down into weekly actions. That’s how they plan.
Don’t only plan on tasks that come in or those which you ‘feel’ or ‘think’ you should be doing. Your day needs to consist of at least one activity that directly supports your longer term objectives, your big project. What sounds like common sense is definitely not common practice.
Create the right habits to achieve your goals, work on adopting easy tips and techniques so you can manage your time and yourself better to get things done.
We all have access to the most powerful computer ever created in the universe…our brain. Unfortunately, few of us have ever been taught how to use our minds efficiently, and even fewer have learned how to develop a fabulous memory. Thankfully, like any skill, memorising can be learned and using the correct strategies, your memory can be improved in only days.
One of the best coaches on memory is Dominic O’Brien the eight-time world memory champion. Self-taught after watching Creighton Carvello memorise a pack of cards on the BBC’s Record Breakers programme. Dominic, through his work on memory, has given us many tools and techniques for improving memory.
Below are 5 rules that will help you develop a better memory:
1. The Rule of Five
Probably seen as one of the most significant contributions to the body of knowledge on memory is O’Brien’s Rule of Five. This rule details how to remember things using a strategy of regular staged repetition.
These stages are as follows:
- First Review:Immediately
- Second Review:Twenty-four hours later
- Third Review:One week later
- Fourth Review:One month later
- Fifth Review:Three months later
Utilising stage repetition at these intervals ingrains the memory for the long term.
2. The Dominic System
The Dominic System is a system for remembering numbers. The system is a Person Action system where the association between two sets of paired numbers is the person with the action of the next person.
1139 would become Andre Agassi doing a roundhouse kick which is the action of Chuck Norris. This system combined with the journey method allows for long random numbers to be easily recalled without error. The fantastic thing about this system is that you get to customise for yourself with memorable people and unique actions which when combined really make it easy for you to recall numbers. The table below associates each number to a letter.
Number 0 1 2 3 4 5 6 7 8 9
Letter O A B C D E S G H N
Creating a simple document with pairs of numbers in one column, the letter pairs in the next and an action column will help you learn this system quickly.
“Nothing can substitute for just plain hard work. I had to put in the time to get back. And it was a grind. It meant training and sweating every day. But I was completely committed to working out to prove to myself that I still could do it.” – Andre Agassi
3. The Link Method
This method relies on two essential elements of memory, association and exaggeration. Utilising these two elements, it is possible to link together unrelated objects to allow you to remember them.
Trying to remember a list of five separate words such as: balloon, papaya, gold, football and hat, might go something like this. You imagine seeing a giant balloon and inside the balloon you can see a small papaya, in bursting the balloon the papaya falls out and as it hits the floor a gold football bounces into a large sombrero.
4. The Journey Method
Using location has been a fundamental part of mnemonics almost since time began. Before humans, writing elders would pass knowledge to others using stories of journeys, with each piece of knowledge being associated with a location on the journey.
O’Brien’s system utilises journeys that you would undertake on a daily basis, like your commute to work or train stations on well-known line. Items are then associated and exaggerated along the journey, so for instance if you were trying to remember a list of ten random things you would associate each piece along with a unique ten stop journey and utilise exaggeration to make the items more memorable.
“You are well equipped with an incredible potential for absorbing knowledge…Anything’s possible.” – Dominic O’Brien
5. The Story Method
To remember groups of information, create a story that links them together. Remembering the planets of the solar system and their position relative to the Sun, Mercury, Venus, Earth, Mars, Jupiter, Saturn, Uranus and Neptune.
Imagine that Mercury was hitting the nineties as Venus tossed the tennis ball into the air, striking the ball it soared over the net striking the earth and bouncing high into the air, knocking the mars bar out of Jupiter’s hand, and so on.
Developing a good memory will assist markedly in all of your personal development goals as well as assisting greatly in your daily life. The methods above are tried and tested by one of the leading memory champions. Whether you want to become the next World Memory Champion or just improve your recall, the techniques outlined above will assist greatly.
Combining the various elements will create an exponential improvement in your memory that you will find hard to believe, and you will be kicking yourself for not applying them sooner. The best part about using these methods is that they are fun, so enjoy using them.
Which one of these memorizing methods sounds most interesting to you? Share with us below!
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Yvonne Neuland
Sep 30, 2013 at 12:33 am
All four of these men definitely have an amazing insight on how to build a business empire.
Dionne
Sep 1, 2013 at 8:11 am
They will be billionaires in the next 10 or 20 years. There is no sign of them stopping to try to become more and more succesful.
RP
Aug 31, 2013 at 12:22 pm
I hope 50 Cent’s involvement in “Hang with” (stock symbol: MEDL) rubs off on the stock price.
Brady
Aug 31, 2013 at 4:44 am
In addition to working smart, these guys work HARD. I’ve actually had a chance to meet 50 Cent on a couple of occasions, and that guy is non-stop. I got the vibe that even when he’s not working, he’s thinking about and planning his next moves.
Tiya
Aug 29, 2013 at 4:51 pm
If the streets were to give degrees I bet these guys would have graguated with PHDs in streetconomics
bob fansi
Aug 29, 2013 at 8:55 am
my money goes on drake
Morgan Tombler
Aug 28, 2013 at 8:12 pm
Thanks for reading Dhanha, glad you agree! Any idea who the next rapper to transition from the booth to the conference room? My money is on one of the A$AP Mob.
Dhanha Bien-Aime
Aug 27, 2013 at 9:56 pm
This is to the T. I have always felt this how these hip hop moguls have made the mark. Kudos to you.