Archive for the ‘competition’ Category

The Most Important Word in Business

I once posted an article on a personal development forum entitled ‘The most Important Word in Business’.

I’ll be honest, it’s a long time ago now and I’ve actually forgotten the exact word I proposed. Not too impressive you might think? What I do remember though was the best business word someone else suggested but I’ll come to that in a little while.

“Disneyland is a work of love. We didn’t go into Disneyland just with the idea of making money.” Walt Disney

My ‘word’ at that time may have been VALUE and I still see it as a very important business word. Afterall if you can add value to people’s lives they will reward you for it.

If you’re being hard-nosed about it you could say PROFIT is the most important word in business. In fairness most successful businesses make a healthy profit and this enables them to continue to grow and become more successful.

TRAINING is another important business word. As well as making a living and paying the bills a job can improve us as individuals. Training is vital for any organisation’s desire for continual improvement.

“Effort only fully releases its reward after a person refuses to quit.” – Napoleon Hill

Closely linked to training is the word PEOPLE. It’s worth a fair proportion of our income to work for and with decent people. Companies that care of their employees will always out perform companies that don’t in the long run.

There are may other important business words inluding: SUCCESS, CONFIDENCE, CUSTOMER, INVESTMENT, RESPECT, PROACTIVE etc.

However, I believe the most important word in any business is TRUST. Trust is the oil of all business. People buy from people they trust and everyone likes doing business with people they trust.

Is there a moral to this story. I don’t know, like I said I originally posted this article a long time ago. I know this much though if people trust you and your products, you’ll never go hungry.

“Every young man would do well to remember that all successful business stands on the foundation of morality.” – Henry Ward Beecher

Andy.

http://www.wealthnuggets4u.com

The Importance of Education

“Human history becomes more and more a race between education and catastrophe.” – H. G. Wells (1866 – 1946)

I first came across the above quotation about ten years ago when I read a book on prophets, the quote has stuck with me over the years but I must admit I had always thought it was Jules verne that said it. (Doh!)

Science fiction writers are by their very nature good predictors of the future and H. G. Wells’ words have always resonated with me. Potentially, the next twenty years or so are going to be the most critical years we will ever face.

So much is happening so fast these days that it is vital that we have the werewithall to keep up with it. Therefor the role of education is taking on a greater and greater significance.

A hundred years ago it was only the priviliged few who were fortunate enough to receive an education and reading and writing were considered great skills. Fortunately, we’ve reached a point in our evolution where illiteracy has for the most part been eradicated.

“Only the educated are free.” – Epictetus (55 – 135 AD)

There are five ways that we absorb information, in order of popularity they are; Verbal, Visual, Tactile, Kinesthetic (info manipulation) and Aural.

Personally, I think people learn better if they enjoy what they are doing. Ocassionally, people contact me and ask me things like “why are you always fooling around?” or “Why don’t you take personal development seriously?”

I always give the same answer: I DO take PD seriously, I get up at 4:30 am every morning to write my website’s daily update, now that’s taking things seriously! As for the fooling around part, well old habits die hard…

“What we learn with pleasure we never forget.”  – Alfred Mercier (1816 – 1894)

As parents we cannot force our children to study, we can only advise them that it’s in their best interests to do so. As a child I received zero pressure, only encouragement from my parents and their approach paid off.

Psychology is one of my passions and I’ve always appraoched the subject of success with the same attitude: ‘Try your best and then forget it’.

Why waste time worrying about things we can’t influence?

Education and schooling prepares children for life, it teaches them the improtance of discipline and routine. It’s only the fortunate few who are naturally gifted, most of us have to work damned hard for a living, so the sooner we learn the work ethic the better.

If you want to teach your children about life, get them a pet. Learning to care about something other than ourselves is a vital life skill.

I think the most important part of education is ‘vocabulary’. The ability to communicate effectively with people is one of if not THE most important life skills. Being able to express oneself is so important.

I believe a large percentage of violence stems from the inability to communicate ones true feelings effectively and the subsequent frustration that that brings. Wars have been fought in the past simply because of prejudice and a lack of tolerence and understanding of others.

The world is undoubtedly becoming a ‘smaller’ place and our understanding of each others cultures and traditions is improving. I just hope that we don’t become to reliant upon technology because I’m a firm believer in the concept of moderation in all things.

“The great thing, then, in all education, is to make our nervous system our ally instead of our enemy.” – William James (1842 – 1910)

Andy.

http://www.wealthnuggets4u.com

How to Get Promoted

When pitching to a group of people it is crucial that we ascertain as early as possible who the decision maker(s) is. A good way of doing this is to ask the group a key question and look who they all turn to for the answer.

It’s very similar when we are looking to advance our careers. Find out who the key people are in your organisation and start getting to know how they tick. Find out as much as possible about them and what you have in common with them. Nurture this common ground.

‘My own business always bores me to death; I prefer other people’s.’
Oscar Wilde.’ – (1854 – 1900)

# Empathy:

Don’t kid yourself that your boss will promote you just because they think you are a wonderful person or even because you’re good at your job.

They’ll promote you because they think you can help them realise their OWN ambitions, they want someone who will act as an extension of themselves. Thus, if you want to get promoted you must learn to live and think like your boss.

# Responsibility:

Ask for more responsibility, be honest, don’t bite off more than you can chew, but do everything well. Produce quality work that has impact, not mass output that anyone can do. Keep asking for more and more responsibility and if you keep doing a good job then eventually you will become indespensible.

*If your boss refuses to give you additional responsibilities ask why and what you have to do in order to be considered for more important tasks.

# Image:

Act as if you’ve already been promoted, not in a conceited way but simply assume the position you are aiming for. Dress smarter, walk faster, this conveys importance, stand up straight. Convince yourself and those around you that you are capable of greater things.

‘I find it rather easy to portray a businessman. Being bland, rather cruel and incompetent comes naturally to me.’ – John Cleese (1939 – )

# Knowledge:

Be in the know, not just about your own business but about business in general, I read the financial pages on teletext every day, it takes less than 5 minutes.

# Confidence:

Don’t be afraid to be a bit cheeky but know where to draw the line. Ask for a better car/package/salary. If they turn you down on one thing ask for another. It’s hard for people to keep saying no.

# Determination:

Don’t give up, you’ll keep improving and learning, eventually you’ll get to where you want to be and if you don’t then at least you can rest easy in the knowledge that you gave it everything you had.

# Patience:

All good things take time, rather than hopping from one career to the next, find out what you’re good at and keep doing it.

‘In the business world, the rearview mirror is always clearer than the windshield.’ – Warren Buffett (1930 – )

Andy.

http://www.wealthnuggets4u.com

Time is precious, we all know that. We all get the same amount of time each day, time is perhaps one of the few even playing fields in life. Thus how we utilise it is vital to our success and happiness.

We must use time as a tool, not as a crutch. – John F. Kennedy (1917 – 1963)

Dashing around like a headless chickens acheives nothing, thus planning is vital in everything. If we take a relatively small amount of time to plan it will pay us great dividends later on.

I always start a task by brainstorming, just jotting down everything I (We) know about a subject, it doesnt matter how crazy the ideas are, it’s just important to get it all out.

Next add to your own ideas with a bit of research and then arrange your information into some kind of logical order.

Time is so important and non renewable that we must try to make the most of every second of it. For example even when we are doing mundain things such as queueing we can still occupy our minds in a useful way such as reciting affirmations or ‘compiling’ articles.

Rather than dashing everywhere it is more productive to build TEMPO. The earlier in the day that we can manage this the more prooductive our day will be. It is also important to pace ourselves and to take breaks for food and rest. Burnout sucks, believe me.

There is never enough time, unless you’re serving it. – Malcolm Forbes (1919 – 1990)

Once we have planned our day or task, we must then prioritise, contrary to most other PD specialists I believe in working through easy to tough, except of course when something is time critical.

The easy jobs help build tempo and as the difficulty of the tasks increases we have also gained in fluidity. Furthermore if we spend hours on our most difficult task we then find ourselves short on time to do everything else.

It’s better to have one unfinished piece of work than twenty.

I think that routine gets a bad press, routines can be very beneficial to us and are an integral part of success, we should always try to become quicker and more skilled at all our daily tasks and eventually we will be able to do more and more in the same amount of time and with the same amount of effort.

If something saves me 20 seconds then I’ll do it.

Leisure time is vital, not only do we all need time to re charge our batteries but rest and play gives the subconscious mind time to mull over all our goals and problems.

It is possible to ‘stretch’ time by being more aware about what we are doing not just going through the motions of life.

Time is infinite, it will still be around long after we are gone. If we all achieve emotional happiness our time here will have been well spent.

Time is the most valuable thing a man can spend. – Theophrastus (372 BC – 287 BC)

Andy.

http://www.wealthnuggets4u.com

No matter what we think about money it is vital to everone’s existence. Money often gets a bad press but placed in the right hands it can do amazing things.

Money is meant to be fluid, to flow from one person to another, it is not meant to be horded.

“Money can’t buy you happiness but it can buy you the kind of misery you prefer” (Author unknown)

Many people prevent money from comming into their lives for a variety of reasons. Some people don’t think they are worthy of it, it’s not the money they cant handle it’s themselves. To allow more money to come into our lives we have to believe we are worthy of it.

How do we do that?

We must practice what it is like to have lots of money, get used to the ‘feel’ of being rich. In fact if we want to be good at anything we must practice how to do it. Hang out where rich people do, save up and buy quality clothes and products. Start dressing, acting and thinking like a wealthy person.

Ignore your shortcommings:

Too many people get hung up on their weaknesses instead of concentrating on their strenghs. Just because a person has a limited education, comes from a poor background, speaks with a common accent etc doesn’t mean that they cannot become wealthy. On the contrary most rich people have major shortcommings in other areas of their lives.

“Money frees you from doing things you dislike. Since I dislike doing nearly everything, it comes in handy.” (Groucho Marx)

Money can come to us from many different sources.

Too many people think they can only get money from their jobs. This is such a limmiting belief. Money can come to you from everywhere if you let it. Start thinking positively about it and it will start to flow to you.

Right out of the blue last week I got a cheque from the taxman for over £1,000, the week before my wife found a £20 note whilst clearing out a drawer, the week before that we received an insurance cheque for £850.

Start expecting it, asking for it, wanting it, thinking positively about it, stop moaning abouty the lack of it, being grateful for it and it will start comming to you.

Yesterday, I dropped a penny down the side of my car seat and spent 15 minutes retrieving it, not because I’m a skinflint but because I respect money and what it can do for us.

Andy.

Clothes shopping is definitely a passtime that divides the sexes. Most women love it and most men hate it. Personally, I can just about tolerate it, I like OWNING new clothes but going shopping for them is a different matter.

I always try-on new clothes before buying them because they can look totally different on than they do hung up in the shop. I always tend to be with my wife when I shop for clothes. The reason for this is probably a combination of her motivating me to buy them and me trusting her taste, if she doesn’t like it I wont buy it.

Her judgement I can handle but most of the male changing rooms in the Uk have a waiting area where all the repective wives and girlfriends congregate. The upshot is that you end up modelling the clothes not just for your own partner but for a host of other women you have never met before as well.

By the end of a clothes buying session I feel that I know these women personally, afterall, most of them will have commented, to my wife more than me, on how I look in numerous different shirts and pairs of trousers. ‘Shucks, the mere thought of it is making me feel all embarassed.’

How come there’s no waiting area for the men in the female changing rooms? They probably use the space to stow all the ‘unsuitable’ shoes and handbags.

What is it with women and handbags? (closely followed by shoes)

Why do women have to posess upwards of thirty handbags? I just dont get it. Yeah, okay they need somewhere to put all their girlie-stuff and I understand the need to match the handbag to the outfit but 30, 40 or even 50 of the damn things, it’s just absurd.

I think a more realistic luggage allowance would be 20kg for men and 100kg for women, ‘That’s including shoes girls put those back in the wardrobe NOW.’ On our last trip abroad I was only allowed 2 pairs of shoes, whilst my wife somehow scraped by with 7.

Why have women never got anything to wear?

This is another fashion mystery, how can it be physically possible to have nothing to wear when you spend half your waking life shopping for clothes?
 
Most items women buy go straight in the wardrobe and next see the light of day when they decide to have the ‘old season clearout’. Why buy something if you are never going to wear it, guys will wear things until they are worn out and THEN utilise them for wearing whilst doing the gardening or DIY.

I once left my wife alone for 10 minutes in our local village center and when I met up with her again she’d bought a new dress! I vaguely remember her saying something about how it was an absolute bargain and it would’ve been foolish of her NOT to buy it…hmm. Foolish of me more like.

There is no doubt about it women love clothes and a word to the wise for the boys, women ALSO like men who wear nice clothes, I’ve even heard women describe men by what they were wearing and not by what they looked like.

‘Scary, consign that old wardrobe to the gardening shed guys and go out and buy yourselves a new one. That’s if you can you can get past all the women blocking the entrance to the male changing rooms of course.’

Andy.

Wether we like it or not competition is all around us. It’s in the classroom, the play ground, the work place, it’s on the sports field, it’s on the high street. We are never going to get away from it so how we deal with it is obviously critical to our own personal success.

Just because competition is ubiquitous it does not naturally follow that it is good for us. Food is critical to sustaining life but if we eat too much of it we become overweight and lethargic.

Competition has many benefits though. It brings progress, improved choice, we all want to purchase better products for less money. We all want a better lifestyle for ourselves and our families.

Children learn about competition from an early age. In fact as soon as they start to interact with their peers they instinctively start to compete with them. It is therefor important that parents and teachers give support and guidance to the child on how to deal with competition and all the positive and negative emotions that surround it.

I’ve said many times previously that a parent should praise their children’s EFFORT not their ABILITY. The reason for this is psychological. Praising someone’s effort encourages them to try even harder whereas praising their ability nurtures within them a ‘fear of failure’.

Children are often branded as failures way too early in life and this can inflict massive psychological damage upon them. We cannot all be good at everything but most of us are good at something. Children should be encouraged to focus on their strong points. These are what will bring them success and enable them to offer the best level of contribution to society.

If we harness competition and control it, it can do wonderful things for us. The enjoyment that the human race has derived from sport down the years is immense. The rivalry between teams of all denominations has given us all untold pleasure.

Competition is good as long as we control it and harness it. However, we need to keep success and winning in perspective. Everything has a price and once we start ‘overpaying’ in order to succeed then we start to loose out in other areas.

I’ve always believed that the main aim of a person’s life is to be happy. Happiness is the best feeling in the world and if being successful at something makes us happy then we should strive to acheive it.

Find out what really makes you happy, decide what you are prepared to give or give up in order to acheive it and go for it.

I believe that competition in moderation is good for us.

Andy.