Showing posts with label success. Show all posts
Showing posts with label success. Show all posts

Wednesday, March 4, 2009

The High Cost of Doing Nothing

Cost is sometimes a difficult term to define. Here, we are not simply discussing cost as it relates to selling price, but rather opportunity cost. The web site, "Mentors, Ventures and Plans" defines opportunity cost as "The loss of the next best alternative whenever a decision is made involving two or more options". "Investing in Options" defines it as "Choosing the best alternative means that you can't choose the next-best alternative. Opportunity cost is the next-best alternative that must be sacrificed in order to get something else you want. Opportunity cost can be thought of as the road not taken." Inactivity, or doing nothing, is usually the highest price paid and is often associated with great opportunity cost. Inaction is usually the worst decision one can make, made from a base of fear.


Many of us will freeze when facing decisions. For some reason, decision making becomes complex, paralyzing and even painful for many people. It should not be this way. Making a decision is simply the act of choosing between alternatives. You must learn to weigh the implications of each possible decision and choose the outcome that is best for you and all others involved. For example, when your telephone bill comes due, you may choose to pay it or not. There are real obvious consequences for both actions. The situation becomes more complex however, when our human emotions enter the picture. For instance; you are offered a new job and must decide to leave your current position and move your family to a new location, hundreds of miles away.


What we often fail to realize, is that delaying important decisions or simply not making a decision at all, are actions that often impact us with the highest opportunity costs and worst case scenarios. Inactivity, or the lack of a decision, is actually a decision made, although one seldom made in our best interests. In this case, we unfortunately transfer over control of our lives to external forces and circumstances. We are now positioned to be at the mercy and decision-making of others. This is not your best scenario. There are often unusually high costs associated with doing nothing.


Decision making is actually a skill set that can be learned and refined. Like all skills, entering into a new area as a novice requires practice and application in order to see improvement. Keep in mind that you will indeed improve! Start small, with less important decisions involving less than crucial outcomes and gradually make more decisions on matters of greater importance. Soon, you will have few if any issues with making decisions. Learn to start small and work your way up, gradually extending your comfort zone in this area. A by-product of learning these new skills is that your confidence will surely improve as well.


Decision making need not be frightening. Think of it as a process that is your own, shedding any external pressure that others may be applying. Take your time, get your facts and choose the outcome that works best for you. Do not allow yourself to fall victim to the high cost of doing nothing.

A Key To Success

Emulating successful people is one key to success. Be careful, though, if you ask them for advice. Often, people don't really know why they succeed, but they will give you as many explanations as you want anyhow. One night on the news, I saw a 100-year-old man explain that smoking a big cigar every day was one of the secrets of his longevity. It might be nice to know why he has lived so long, but I'm pretty sure we won't learn by asking him.

Key To Success - Study Successful People

One key, then, isn't in doing what successful people say, but rather doing what they do. This is how to learn success. Naturally you have to look closely and apply a little brainpower to see what they are really doing that is causing their success.

A successful real estate investor told me he didn't believe in setting goals. However, watching him and listening to him, I came to realize that he knew just where he expected to be with his projects in six months. This, of course, is goal-setting - he just called the process something else.

Never stop listening to what successful people have to say, but read between the lines. Listen for insight into how they think about things, how they approach their challenges. Suppose the advice of a successful basketball player is just to practice more, but he casually mentions "I saw that going in," after a great shot. Isn't it time to start visualizing your shots going in?

Key To Success - Model Successful People

You won't always know what is causing a person's success. Internet marketers promote their websites by exchanging links, but when I first tried to exchange links with other websites, the owners didn't respond to my emails. Then I found a simple email letter used by a successful internet marketer to get links. It sounded silly to me, and I wanted to change it, but I tried it anyhow. It worked repeatedly.

It is more important to do the right things than to understand why they are right. To also understand is great, but at first, it may be best to just copy many of the actions, attitudes and approaches of someone who is succeeding. Try to model success, even before you understand it.

As you learn more, you can drop those parts that aren't contributing, and add elements of your own. If you model a successful parent, for example, and life with your children gets better, does it matter if you know right away which changes were the most effective? Of course not.

Is it better to understand why what you are doing is working? Certainly, but you may not ever understand why some things work, and this is okay too. It is better to have success than to explain it, so find successful people and do what they do, not what they say. It is an important key to success.

Saturday, February 28, 2009

Do You Have A Life Plan?

During the course of our daily lives, we make plans. We make plans for dinner, for trips to the grocery store, and for cleaning our house. We also make long-term plans for our education, our finances, our businesses, and our vacations. However despite all the planning that we do very few of us actually make a life plan and this is a critical oversight as a life plan would encompass all those areas as well as our self development, personal relationships and happiness.

We all have the capacity for happiness and success in every area of our lives including our personal development, our relationships, and our professional lives, but happiness and success do not just happen. We must actively seek them out and set in motion plans and actions that will make them not only possible but probable.

That is why you need a life plan, but actually creating one takes time and thought -- something so many of us have little to spare. However don't begrudge the time you could spend on a life plan because in the end that time is a very good investment that will help you save time and stress once you have your life plan fully developed. And isn't anything that can help you achieve happiness and success a worthwhile investment of your time and energy?

Where You Are Now

Before you can begin crafting your life plan you must evaluate your current status. Reflect on the realities of your life including your commitments, finances, and dreams. What about your life makes you happy and what makes you unhappy?

Where are you now in terms of work, recreation, relationships, finances, and anything else you consider important. For example, I consider it important that my life contributes to the greater good and I have friends who consider the long-term impact of their life is an important measure.

Rate each of these areas with a letter grade with "A" of course being the highest score for the best possible life. Then calculate your overall life grade. Obviously if you have a 4.0 then your life is on track, but anything less means there are some areas you will need to work on.

It is important to identify the areas of your life that you consider successful or at least on track to success as well as the areas that you would like to improve.

Let Your Dreams Out

A big part of creating your life plan is letting yourself dream of what your ideal life would include in all the key areas you identified above (career, relationships, etc.).

Don't worry about realities or impossibilities. Just give your heart and mind free reign to picture everything you wish your life could be in terms of relationships and family; profession and career; finances and retirement; and how you'd like to spend your time (travel, hobbies, etc.).

If money and other considerations were not a factor what would you do with your time and your life? What gets you really excited? What have you always wanted? What do you love to do (professionally or personally).

Step Back Into Reality

Note the abilities, experience and strengths you already possess that can help you live your ideal life.

Make a list of the accomplishments you are most proud of in your professional and personal life. Can any of these help you achieve your idea life?

Evaluate your work style and habits. Do you work better alone, in a group, or as a manager? What time of day is your peak performance? How many hours a day or week are you capable of working at a high level of performance?

Now Make Your Plan

Once you have created a vision of your dream life and evaluated your strengths and weaknesses then you are better able to create a plan that will help you achieve your ideal life.

Perhaps your dream is to own your business but currently you don't have any experience with management So find a way to gain that experience through your professional work or in a volunteer capacity.

Now that you know where you want your life to go and you know how far along that path you have progressed then it is simply a matter of working toward your goal to achieve that life of happiness and success you desire.

10 Proven Tips To Get What You Want!

Are you stuck?!

Are you trying hard to achieve your simplest dreams but you seem to be standing on the same square without moving a step forward?

Now, I will give you the super-smart proven success recipe that will help you get what you want faster and easier than before. This success recipe is your way to live a purposeful life and achieve your goals.

Get ready to unleash the power of your dreams.

1. Make Meaning!!

Make a meaning for your life and work. Do what you love and love what you do. Search for ways to live with passion. You are unique and you are here for a purpose. Find the reason of your existence. Describe your role in life in 3 or 4 words. Forget about these long, general and not memorable mission statements. Be very specific about what you are here to do in this life.


2. Have a Hot Vision!!

Have a HOT vision; a vision that really inspires you and triggers your greatness. Your vision must be clear and motivates you to transform it into reality. Make it hot. A hot vision gives you a tremendous amount of enthusiasm that makes you can’t stand still. Have a hot vision that keeps you alive and spices up your life. Have a hot vision that makes you an unstoppable achievement machine.

3. Design Milestones

Milestones are big goals and turning points in your journey. They are like indicators along the road to tell you that you are on the right track. Each milestone is a big achievement on your way to your ideal life.

4. Set Goals

Goals are small and specific tasks that define your action plan. Goals must be specific, measurable, attainable, relevant, and timely. Each goal is a step towards achieving one of your big milestones.


5. Get Going

Take action. The only difference between an average individual and a super successful one is taking action. Get going. Take the first step and keep the momentum. Just start. Be flexible to changes and improvements.

6. Project Positive Energy

Be optimistic. Broadcast powerful positive energy and confidence over your own media network. Positive energy will attract positive results and opportunities. Become a magnet that attracts success 24/7. You will always receive the energy you project. If you project positive energy you will receive multiples of it and vice versa.

7. Act As If It Is Happening

Act as if your vision is happening. Act as if you will never fail. Act with confidence and power. Keep your vision in front of your mind’s eye day and night. Act as if you are living your vision. When you do that you will attract more opportunities and more success to your life.

8. Ignore the Doubters

Avoid negative people. They don’t have dreams and want everyone to be like them. They are dream robbers and energy vampires. Don’t care about what they say. Ignore anyone’s negativity and focus on what you want.

9. Face Fear and Uncertainty

Develop confidence and trust in yourself. If you don’t believe in yourself and your dreams no one will do. Face your fears. Fear will do nothing except stopping you from getting what you want. Let your dreams give you the power to face fear and uncertainty.

10. Create a Master Mind!!

Find a team with the same interests and dreams then work and think together. Have a soul mate who cares about achieving the same level of success as you do. Gather around yourself people more brilliant than you. Develop a strong network of influencers who can help you get what you want easily and quickly.

My friend, these 10 proven tips form the best success recipe I have ever known. I used this recipe to achieve levels of success that I always dreamt of. These are the common tips which are used by the top successful people in the world.

Follow this success recipe and you will become a huge success magnet that attracts success beyond your imagination.

It is all about your action. Do it now!!