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“All business success rests on something labeled a sale, which at least
momentarily weds company and customer.” (Thomas J. Peters & Robert H.
Waterman, Jr)
Calvin Coolidge once said, “The business of America is business.” He also said, “No enterprise can exist for itself alone. It ministers to some great need, it performs some great service, not for itself, but for others; or failing therein, it ceases to be profitable and ceases to exist.”
America is the greatest commercial society in history. Virtually all wealth is based on somebody producing a product or service and selling it to someone else at a profit. America is considered the most entrepreneurial country in the world according to the OECD (2003) because it is more open to more people who want to create and sell products and services to others, and the market is larger, than any other country or geographical entity.
It is the revenues and profits from sales that pay all wages, all taxes, all education, all medical expenses, and for all hospitals, schools, roads, airports, office buildings, defense, welfare, unemployment insurance, and everything else of a material nature in America. Where there are high sales, there is high prosperity. Where there are low sales, there is low prosperity, lack of economic opportunity, decline and ultimately failure.
Taken from : Million Dollar Habits
Third, develop the habit of asking the question, “What can I, and only I do, that if
done well, will make a real difference?” The answer to this question is something
that you and only you can do. If you don’t do it, it will not be done by someone
else. But if you do it, and you do it well, it can make the greatest single
contribution to your work and to your company at that moment. What is it?
Fourth, develop the habit of asking this question, “If I could only do one thing all
day long, what one thing do I do that contributes the greatest value to my company?” If you were to list everything that you do on a piece of paper, you
would find that there is one task that, if you did it consistently well, repeatedly,
over and over, all day long, this one task would contribute more value than any of
your other tasks, or all of your other tasks put together.
What one task or activity, which is the highest use of your talents and abilities, if
you could do it all day long, would contribute the very most to your work and your
life? How could you organize your time and your work so that you are focusing
more and more on this single task?
One of the most important keys to personal effectiveness is for you to develop the
habit of spending more time, and becoming more skilled, at those few activities
that contribute the greatest value to your work. Everything else you do is usually
of lower value than these essential tasks.
Taken from : Million Dollar Habits
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One of the most important habits that you can develop to increase your return on
energy is the habit of thinking on paper. Always have a pen in hand when you
think, plan and organize. Writing things down clarifies your thinking and
crystallizes your ideas.
There is something miraculous that happens between the head and the hand. The
very act of writing something down activates your visual, auditory and kinesthetic
senses. You see it, you sub-vocalize it, or say it to yourself, and you physically
write out the words. These three modalities in combination seem to impress what
you are writing deeper and deeper into your subconscious mind. This has an evergreater impact on your thinking, feeling and behavior afterwards. All successful
people think on paper. All failures do not.
Start Each Day With A List
Develop the habit of beginning each day with a list of everything you have to do
that day. The very best time to make out your daily list is the night before, at the
end of the working day. This allows your subconscious mind to work on your list
of activities all night long while you are sleeping. Often you will wake up in the
morning with insights and ideas, and answers to your problems, as a result of
programming this list into your mind before you sent to sleep.
Develop the habit of setting clear priorities on your list before you begin work.
Instead of hurling yourself at the day, like a dog chasing after a passing car, take a
few minutes to organize your list. Determine the tasks and activities that will give
you the highest return on energy for the amount of time you invest.
Taken from : Million Dollar Habits
Here is my favorite exercise in personal strategic planning. It launches the whole
process of goal setting and leads to remarkable results. Wherever I go in the world,
in 24 countries, I give this exercise to my seminar participants: “Take out a sheet
of paper, write down 10 goals for the next year in the present tense, and then put it
away, like a Christmas wish list.”
When I return to those cities and countries, I meet people who have taken this advice. They come up to me at my seminars all over the world, to tell me that this
simple exercise of writing down their ten goals just once has changed their lives.
They have often put the list away and not looked at it for a year. When they take it
out several months or a year later, they are amazed at how many of their goals have been achieved in that time period.
Writing your goals down just once programs them into your subconscious mind
and activates your superconscious faculties. Writing and rewriting them each day
is even more powerful. When you write down your goals every single day, you get
10x, 20x, 50x and even 100 times the impact of writing them down one time. Your
mind will be stimulated into producing incredible ideas to help you achieve them.
You will activate the Law of Attraction and begin attracting people, circumstances,
ideas and resources into your life that help you, in the most remarkable ways.
By the Law of Correspondence, your outer world will start to become a reflection
of your inner world. Without even trying, you will begin thinking about your goals
most of the time. The more you think about your goals, the faster you will move
toward them, and the faster they will move toward you. Your whole life will
change for the better. Only about three percent of adults have written goals and
plans, and they seem to accomplish more than all the others put together.
Taken from : Million Dollar Habits
The greater clarity that you have regarding your long-term goals, the better and
more accurate decisions you will make in the short-term to assure that you achieve
your goals on schedule. For example, if you decide that you are going to be a self made millionaire 10 to 20 years from now, you set that as your long-term financial goal. You then assess your current situation, and determine how much you are
worth today. You draw a line from where you are today to where you want to be at
a certain date in the future. You then plan out a strategy or roadmap of exactly how
you are going to get to your goal of financial independence in the time that you
The rule is this: be clear about the goal but be flexible about the process. Be open
to the fact that a thousand things will change on the road to your long-term goal.
As long as your goal is clear, you can continue to remain flexible and openminded.
You can reevaluate and try different things. You can accept feedback and
self-correct. You can go over, around and through obstacles, and even change and
go in a completely different direction. This is the normal and natural process of
getting from wherever you are to any long-term goal.
Review Your Goals Daily
Develop the habit of regular goal setting. As I suggested earlier, get a spiral
notebook and rewrite your current goals every morning before you start out, in the
present tense, as though they were already realities, This exercise programs your
goals deeper and deeper into your subconscious mind, and causes all kinds of
remarkable things to happen that move you toward your goals, sometimes by the
most remarkable of coincidences.
The habit of daily goal setting seems to act like a turbocharger on your potential,
moving you more rapidly toward your goals than you ever thought possible. When
you practice this technique for thirty days, your entire life will change in a very
positive way. One month from now, you will be amazed at what has happened to
you.
Taken from : Million Dollar Habits
Technology of communication never stops developing time after time. If we look back to two or three years ago and compare it with today, we realize that there has been a huge development of internet communication technology during the time.
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The purpose of strategic planning in a business is to increase “return on equity” or
R.O.E. It is to improve the financial results of the business over what they would
have been in the absence of the new strategy. In the same way, the purpose of
personal strategic planning is to increase R.O.E., or “return on energy.” It is to
increase your “return on life.”
The aim is for you to organize and reorganize your life in such a way that you are
earning the highest returns on your mental, emotional and physical equity invested
in your life. Your goal is to organize yourself and use your time to achieve the
greatest amount of pleasure, satisfaction and rewards from everything you do,
every hour and every day. And this is very much under your own personal control.
The first habit therefore that you must develop to insure a great life is the habit of
personal strategic planning. You invest the time and effort to think through and
plan out your life, in advance, to assure that you get the very most that is possible
for you in every area.
With personal strategic planning, you develop the habits of future orientation and
long-time perspective. These habits enable you to project forward in your life
several years and determine exactly what it is that you want to accomplish and
where it is that you want to end up at a specific time in the future.
Taken from : Million Dollar Habits