Overcoming Other People's Opinion

by Catherine Pulsifer

When our self confidence is low we sometimes tend to believe what others think of us. We do not have the confidence in ourselves to believe otherwise.

One individual who has defied others beliefs is Les Brown.
It started when he was just a baby. He was put up for adoption. Thankfully, he was adopted by a woman, Ms. Mamie Brown. She was a single parent, had limited financial resources, and little education, but she had a big heart. She adopted Les and his twin brother.

As Les was growing up he encountered difficulties in school. He was incorrectly labeled as a "slow learner". When labels are put on children, they damage a child's self-esteem.

However, Les was persistent. He refused to believe what others believe his abilities to be. He had big dreams. He had no formal education beyond high school, yet he had determination and was very persistent. He furthered his education by self-education. He had a passion to learn, to understand the human potential.

Today he is a very successful professional speaker and author. Growing up his self esteem and confidence were low. It took him many years to realize his potential.

Les is an example of someone who has overcome others peoples belief.
When listening to his videos and tapes, he portrays confidence. He tells his story and how he overcame the challenges in his life. Listening to him speak, and listening to his laugh, which is certainly an infectious laugh, he is very motivating and inspiring.

To quote Les Brown, "You cannot expect to achieve new goals or move beyond your present circumstances unless you change."

Les Brown is a famous motivator speaker and author . You may check his website : www.lesbrown.com

Free RM 100.00, anyone ???

A well-known speaker started off her seminar by holding up a RM100.00 bill. In the room of 200, she asked, "Who would like this RM100.00 bill?" Hands started going up.

She said, "I am going to give this RM100.00 to one of you but first, let me do this." She proceeded to crumple the RM100.00 dollar bill up. She then asked, "Who still wants it?" Still the hands were up in the air. "Well", she replied, "What if I do this?" And she dropped it on the ground and started to grind it into the floor with her "pink sparkle" shoe. She picked it up, now crumpled and dirty. "Now who still wants it?" Still the hands went into the air. "My friends, we have all learned a very valuable lesson", she said, "No matter what I did to the money, you still wanted it because it did not decrease in value. It was still worth RM100.00.

Many times in our lives, we are dropped, crumpled, and ground into the dirt by the decisions we make and the circumstances that come our way. We feel as though we are worthless. But no matter what has happened or what will happen, you will never lose your value. Dirty or clean, crumpled or finely creased, you are still priceless.... and especially to those who love you.

The worth of our lives comes not in what we do or whom we know, but by WHO WE ARE.

"You are special - Don't EVER forget it."

How Old Are U?

If we did not know our age, some of us would appear to be very young, and some of us would seem very old. Sometimes, people use age as a convenient excuse. "I'm too old to start something new", or, "I couldn't learn that at my age." Other people, though, go on to achieve their greatest accomplishments in life in later years.

Take, for example, Colonel Harland Sanders who started franchising his chicken outlets when he was 65 years old. Up to the age of 90 years old he traveled 250,000 miles a year visiting KFC franchises. He not only overcame personal and business adversities, but more importantly, he didn't let age stand in his way!

Feelings lead to attitudes, attitudes become beliefs, and beliefs become the basis for actions.

It is not important how old you are;
it is how you feel, how you think,
and what you do that is important.

To quote Satchel Paige, "How old would you be if you didn't know how old you was."

Attitude

"The remarkable thing we have is a choice every day regarding the attitude we will embrace for that day. We cannot change our past. We cannot change the fact that people will act in a certain way. We cannot change the inevitable. The only thing we can do is play on the one string we have, and that is our attitude."

Charles Swindoll

Master of Puppets

"Pull the string, and it will follow wherever you wish. Push it, and it will go nowhere at all " - Dwight D. Eisenhower

Leverage On the Power of Multiplication

What makes the Rich, rich? Most of the rich people are not the most qualified, the most intelligent or the hardest working type. In fact, many of them are drop-outs from school. They made their days because
they realized much earlier in their life that only by building a business system can make one rich, especially a system that is empowered with the power of multiplication and duplication.

“Another word for business system is ‘Network.’ If you really want to be rich, you must begin to know and understand the power found in networks. The richest people in the world build networks. Everyone else is trained to look for work.” said Rich dad of Robert Kiyosaki, in his book “The Business School”.

Why Network is Powerful – Because It Leverages on The Power of Metcalf’s Law

Robert Metcalf is one of the people credited for creating the Ethernet. He is also credited for defining Metcalf’s Law, which is:

A Network’s Economic Value = Number of Users²

The economic value of a network goes up exponentially, not arithmetically. The beauty of network marketing is that it has made available to the average individual, people like you and me, the power of Metcalf’s Law…but you must obey the law.

If you follow the principle of the law, just affiliating with a network marketing company is a good start, but that act alone does not entitle you to harness the power. It would be like your buying a telephone, but you are the only one with the telephone. In order for you to harness the power, your job is to clone or duplicate someone just like you. The moment there are two of you, your economic value is squared. The value of your network has just gone from zero to four. The moment there are three of you, the economic value of your network goes from four to nine. If the two people you bring in also develop two more people each, the economic value of your network begins to look like a rocket taking off for the moon. Instead of working hard arithmetically, your economic value begins to grow exponentially. That is the power and the value of a networked business.

Networker has The Potential to Out-earn Most Professionals

Over time, a successful networker has the potential to out-earn most professional people such as doctors, lawyers, accountants, and other rugged individuals. The difference and the power are explained through Metcalf’s Law…a very important value of a network marketing business. Network marketing is the fastest growing business model in the world today, even though they cannot see it because it is virtual or invisible. Building a network business is simply looking for friends, new and old, who want to go in the same direction you want to go. Let’s say you bring in 10 people, ten new friends into the business. The value of your network is now worth 100, not 10. If those 10 people bring in 10 people each…the value of your business explodes.

Robert Kiyosaki said, “If I had to do it all over again, rather than build an old style type of business, I would have started building a network marketing business.” Why did he say that? Because network marketing is embedded with the power of Metcalf’s Law, the power of multiplication and duplication.

Selected Quotes from Robert’s “The Business School”:

· “A network marketing business is a new and revolutionary way to achieve wealth.”

· “The richest people in the world build networks. Everyone else is trained to look for work.”

· “Network marketing gives millions of people throughout the world the opportunity to take control of their lives and their financial future.”

· “A network marketing business is a business with people who are there to help you become richer.”

· “An network marketing system, a system I often call a personal franchise or an invisible big business network, is a very democratic way of wealth creation. The system is open to anyone who has drive, determination and perseverance.”

· “The network marketing industry are offering millions of people the same business education my rich dad taught me, the opportunity of building your own network rather than spending your life working for a network.”

· “The network marketing industry continues to grow faster than franchises or traditional big businesses.”

· “Simply put, a network marketing business, with its low cost of entry and great training programs, is an idea whose time has come.”

· “A network marketing business is the perfect business for people who like helping other people.”

· “A network marketing business is based upon the leaders pulling people up, while a traditional corporate or government business is based upon only promoting a few and keeping the masses of employees content with a steady paycheck.”

· “If you love to lead by teaching, influencing others to find their own world of financial abundance without having to beat the competition, then a network marketing business may be right for you.”

· The network marketing business encourages people to dream big dreams and achieve their big dreams.”

· “A network marketing business provides a large support group of like-minded people, people with the same core values, the values of the B quadrant, to assist you while you make your transition to the B quadrant.”

· “After you have built your business, and you have strong cash flow, then you can begin investing in other assets.”

Birds of A Feather Flock Together – Do You Flock with The Right Group?

Most of us have heard the saying, “Birds of a feather flock together.” Well that saying holds true not only for birds but also for the people. In other words, the rich network with the rich, the poor network with the other poor people, and the middle class hangs out with the middle class. If you want to become rich, you need to network with those who are rich or who can help you become rich. Many people spend their lives hanging out and networking with people that hold them back financially.
A networking marketing business is a business with people who are there to help you become richer.

 

One has to learn how to network with people that could help one become rich and financially free.

 

 

Make A Choice – You Can Choose to be Rich

Simple Secret #2: Make A Choice – You Can Choose to be Rich

Robert Kiyosaki, author of Rich Dad Poor Dad – USA Today’s #1 best seller, is an investor, entrepreneur and educator. He is one of my highly respected gurus who had enlightened me about the way we think about money, wealth and success.

In his Wealth Creation program – “You Can Choose to be Rich”, which reveals his Rich Dad’s 3-step Guide to Wealth, Robert said that “Life is about choice. When you were young, choices were made for you. As you grew and matured, you learned to make your own choices, a slow, steady process fraught with both joy and frustration. Now it’s time to make one of the most critical decisions of your life: whether to take control of your life or to be controlled by some others. Why critical? Because if you take control of your life, it will empower you to shape a new life for yourself. My Rich Dad always said, ‘All of us have the power of choice. I choose to be rich, and I make that choice every day.’”

Now, have you made up your mind to be rich? Are you really serious? Are you ready? Ask yourself truthfully. Bear in mind that nothing is free in this world, including this free program for you, you still need to take your time and some effort to send in your request, read the emails and take actions, right?

Change your mind, change your life

The times are changing rapidly, and if you want to be rich, your approach to wealth creation and success will have to change, too. You have to start changing the way you have been so used to think, learn and do. Change your mind, and it will change your life! What you think will become your reality!

You might be thinking that: I, too, have the passion to get rich, but how do I actually do it? Honestly speaking, getting rich isn’t just a matter of luck, or inheritance, or having a brilliant idea. People who inherit wealth, and the few who win it by way of the lottery, assume the burden of watching over their new-found riches for fear that they lose them. As for brilliant ideas, they’re nothing but dead ideas without a thriving business system to give them life. More than anything, getting rich is a matter of confidence – of changing your thinking from “I can’t” to “How can I?” Once you commit to this way of thinking, you’ll be on your way.

Remember, you won’t get rich – you’ll choose to be rich!

Take 100% Responsibility for Your Life

Simple Secret #1: Take 100% Responsibility for Your Life

Jack Canfield, co-creator of best selling “Chicken Soup for the Soul” series, has made this the No. 1 Success Principle of Life – “Take 100% Responsibility for Your Life”. The real truth is that there is only one person responsible for the quality of the life you live, that person is YOU! (http://www.thesuccessprinciples.com)

If you want to be successful or to become rich, you have to take 100% responsibility for everything that you do or experience in your life. Don’t blame your parents, your bosses, your company, your friends, your partners, your clients, your spouse, the economy, or your lack of money – anyone or anything you can pin the blame on. Unfortunately, most people never want to look at where the real problem is – OURSELVES!

You have to give up all your excuses

So, having the right mindset is critical in creating your wealth and being successful. In reality, most of us have been conditioned to blame something outside of ourselves for the parts of our life we don’t like. We have to give up all our excuses, our blaming, and our complaining. 99% of all failures come from people who have a habit of making excuses. If you want to create the life of your dreams, then you are going to have to give up all your excuses, all your victim stories, all the reasons why you can’t and why you haven’t up until now, and all your blaming of outside circumstances. You have to give them all up FOREVER!

It’s simple, but isn’t necessarily easy

The bottom line is that you are the one who is creating your life the way it is. The life you currently live is the result of all of your past thoughts and actions. You are in charge of your current thoughts and your present feelings. You are in charge of what you say and what you do. Every action is under your control. To be more successful, all you have to do is act in ways that produce more of what you want. That’s it. It’s SIMPLE!

Though this principle is simple, it is not necessarily easy to implement. It requires concentrated awareness, dedicated discipline, and a willingness to experiment and take risks. You have to pay attention to what you are doing and to the results you are producing. You have to ask yourself, your family, your friends, your colleagues, your managers, your coaches and your clients for feedback:

“Is what I’m doing working?”

“Am I getting what I want?”

“Could I be doing it better?”

“Is there something more I should be doing that I am not?”

“Is there something I am doing that I should stop doing?”

“How do you see me limiting myself?”

Only you can make it happen

The success principle or formula is simple, but no one else can do it for you, only you can do it. So start paying attention to what is or isn’t working for you after all these years. Look around at your life and the people in it. Are you happy? Are you getting what you want? Is your net worth increasing? Are you getting better in all areas of your life? If not, then something needs to happen, and ONLY YOU can make it happen!

Listen to a short briefing by Jack Canfield on the success principle. Click on this audio link now and wait a few moments for it to start playing:

Windows Media - http://www.thesuccessprinciples.com/media/JC_audio_1.wma

Real Player - http://www.thesuccessprinciples.com/media/JC_audio_1.ram

In conclusion, taking 100% responsibility is what successful and rich people do. And it’s the first step YOU must take on your new Success and Wealth Creation journey.

"7 Big Trading Mistakes"

The following is a list of things you want to avoid at all costs. Anyone of them can literally destroy your financial dreams and goals!

1. Trading with money you can't afford to lose

One of the greatest obstacles to successful trading is using money that you really can't afford to lose. Examples of this would be money that is supposed to be used to pay the mortgage, bills or your child's college tuition. This is sometimes referred to as "trading with scared money" and there is a very good reason for that. Ultimately what happens is that when someone knows in the back of their mind that they are risking the borrow money, they trade out of fear and emotion versus logic and no emotion. If you are in this situation we highly recommend that you stop trading until you earn enough to put into an account that you truly can afford to lose without causing major financial setbacks.

2. The need to be "certain"

We all have the need to make sure that the trade we want to make is going to be a good one. Therefore we look for signs that will give us a confirmation to enter. This can come in several forms, for example… Tuning into any Busniess Channel or the Newspapers to give us news that our script is on the move or waiting for a couple of extra days to make sure that the script is really flying and just not on a false breakout. Other traders will get opinions from friends, family or broker. Others will wait for ten technical indicators to line up and give the "green light".

All of these are okay to a point, however the big mistake to avoid is taking so much time that you let the trade take off without you. Interestingly, what ends up happening as a result of waiting too long is that you actually increase your risk. This is because as a script moves higher and higher there are fewer buyers left in the market and it can come tumbling down until more buyers step in. It is like a game of musical chairs; eventually someone gets caught without a chair.

Traders who wait and wait and wait to make extra sure are usually the ones buying the top tick just before the stocks sells off. They then beat themselves up thinking they picked the wrong script.

The thing to keep in mind is that there can be no absolute certainty in any given trade. All we ever can do is take a very educated risk along with a leap of faith!

3. Words that will kill you! HOPE---WISH---PRAY

If you ever find yourself doing one or more of the above while in a trade then you are in big trouble! As We have already said, the market doesn't give a damn. All the hoping, wishing and praying in the world is not going to turn a losing trade into a winning one. When you are wrong just use a simple 4-letter word to correct the situation-SELL!

4. Not Acting on your plan

A big source of trouble arises when a trader starts to deviate from their strategy. Maybe for a week they will trade according to one set of rules and the next use something entirely different. You must never deviate from your methodology once you start. As long as it is a good one statistically there is absolutely no reason to change it. The way to make money from it is to trade it over and over again to exploit the edge it gives you.

5. Not knowing how to get out of a losing trade

It's amazing how many people we have talked to who don't have any clear escape plan for getting out of a bad trade. Once again they hope, pray wish and rationalize their position. As we keep saying the market does not care what you think. It does what it does and when you are wrong you are wrong!
The easiest way to keep a bad trade from going really bad is to determine before you get in, where you will get out.

6. Having an ego

We have seen a number of individuals enter the trading game that were extremely successful in other business ventures. Because of this they had a fairly big ego and thought they couldn't fail. Their egos became their downfall because they couldn't except that they were wrong and refused to bail out of bad trades.

Once again, whoever or wherever you came from does not concern the markets. All the charm, powers of persuasion, number of diplomas or business savvy will not budge the market when you are wrong.

7. Falling in love with a sector or script

Numbers of people are always involved with a particular sector or a script. And they are of the view that this sector or script always proves Lucky for them. And they love trading in that script without managing any risk. They are so much confidant that their every trade in that particular script will always result in to a winning or successful trade. But …………

To avoid the situation after but…, never fall in love with a particular sector or stock, It can cost you dearly!

Disclaimer:

Trading in Stock Exchange is not suitable for everyone. Past Performance is not indicative of Future Result.

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A Life between Jobs

I admire the courage of those who dare to quit before finding another job. Sometimes, it is good not to go with the mess, but to be a contrarian in certain matters.

If one knows what he or she wants at the end of the day, that should be the comforting point. There are many times where we do not even know what we want in our lives.

Do you exactly know what you really want in your life? I doubt many can answer this question.

A Life Between Jobs
By ANNA BAHNEY
Published: June 8, 2006

visit her blog