Moving Upward and Onward

Moving Upward and Onward

Don't Sell Yourself Short
It's not what you have but what you do with what you have that will determine your success or failure. Abraham Maslow, the great psychologist said that the story of the human race is the story of people selling themselves short. He said people have a tendency to settle for far less from life than they are truly capable of. Many people are spinning their wheels in careers where they should be moving rapidly onward and upward. Here's how you can put your career on the fast track.

Choose Your Parents Carefully
Someone once said that the key to success was to choose your parents carefully. That may be partially true but it is even more important to choose your job or career with great care. The choice of a job or occupation for which you are ideally suited comes before anything else. If you try to work at something you don't enjoy or don't believe in, you'll never be happy, and you'll never be successful.

Be the Best At What You Do
Which leads us to the next point. If you want to reach the stars in your career, you have to become excellent at what you do. You have to pay any price, go any distance, spend any amount of time necessary to "be the best." Extraordinary rewards only go for extraordinary performance; average rewards for average performance; below average rewards, insecurity and failure for below average performance. And here's a vital key, you are being paid today exactly what you're worth - no more, no less. If you want to earn more, you must increase your worth, your value to others.

The Key to Motivation
The reason why choosing the right career, why doing what you love to do is so important, is because unless you really care about your work, you will never be motivated to persist at it until you become excellent. And until you become excellent at what you're doing, you can't move ahead.

The Key to Peak Performance
The antidote to these fears is the development of courage, character and self-esteem. The opposite of fear is actually love, self-love and self-respect. Acting with courage in a fearful situation is simply a technique that boosts our regard for ourselves to such a degree that our fears subside and lose their ability to effect our behavior and our decisions.

Action Exercises
Here are two things you can do to be more successful in your career.

First, set high standards for yourself and recognize that anything that someone else has achieved, you can probably achieve as well. There are no limits.

Second, select one key skill area that is important in your job and resolve to become absolutely excellent in that area. Start today to get better and better.

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Your Belief Becomes Your Reality

The Determinant of Your Success
Perhaps the most powerful single factor in your financial success is your beliefs about yourself and money. We call this the Law of Belief. It says simply this: Whatever you believe, with feeling, becomes your reality. Whatever you intensely believe becomes your reality. That we have a tendency to block out any information coming in to us that is inconsistent with our reality.

What Successful People Believe
What we've discovered is that successful people absolutely believe that they have the ability to succeed. And they will not entertain, think about, or talk about the possibilities that they'll fail. They do not even consider the possibility of failure.

Positive Thinking Versus Positive Knowing
You always act in a matter consistent with your beliefs. The most important belief system you can build is a prosperity consciousness where you absolutely believe that you are going achieve your financial goals. We call this positive knowing versus positive thinking. Positive thinking can sometimes be wishing or hoping. But positive knowing is when you absolutely know that no matter what, you will be successful.

"Be Successful In Your Chosen Field"

TEN STEPS TO SUCCESSFUL CAREER CHANGE.

Bridging the gap between JOBSEEKERS n EMPLOYERS. Ten Steps to a Successful Career Change 1. Evaluate your current job satisfaction. Keep a journal of your daily reactions to your job situation and look for recurring themes. Which aspects of your current job do you like/dislike? Are your dissatisfactions related to the content of your work your company culture or the people with whom you work? 2. Assess your interests, values and skills through self help resources like the exercises in What Color is Your Parachute. Review past successful roles, volunteer work, projects and jobs to identify preferred activities and skills. Determine whether your core values and skills are addressed through your current career. 3. Brainstorm ideas for career alternatives by discussing your core values/skills with friends, family, networking contacts and counselors. Visit career libraries and use online resources like those found in the Career Advice section of the Job Search website. 4. Conduct a preliminary comparative evaluation of several fields to identify a few targets for in depth research. 5. Read as much as you can about those fields and reach out to personal contacts in those arenas for informational interviews. 6. Shadow professionals in fields of primary interest to observe work first hand. Spend anywhere from a few hours to a few days job shadowing people who have jobs that interest you. Your college Career Office is a good place to find alumni volunteers who are willing to host job shadowers. 7. Identify volunteer and freelance activities related to your target field to test your interest e.g. if you are thinking of publishing as a career, try editing the PTA newsletter. If you're interested in working with animals, volunteer at your local shelter. 8. Investigate educational opportunities that would bridge your background to your new field. Consider taking an evening course at a local college. Spend some time at one day or weekend seminars. Contact professional groups in your target field for suggestions. 9. Look for ways to develop new skills in your current job which would pave the way for a change e.g. offer to write a grant proposal if grant writing is valued in your new field. If your company offers in-house training, sign up for as many classes as you can. 10. Consider alternative roles within your current industry which would utilize the industry knowledge you already have e.g. If you are a store manger for a large retail chain and have grown tired of the evening and weekend hours consider a move to corporate recruiting within the retail industry. Or if you are a programmer who doesn't want to program, consider technical sales or project management.

Reasons You're Not Rich

10 (More) Reasons You're Not Rich

Many people assume they aren't rich because they don't earn enough money. If I only earned a little more, I could save and invest better, they say.

The problem with that theory is they were probably making exactly the same argument before their last several raises. Becoming a millionaire has less to do with how much you make, it's how you treat money in your daily life.

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The list of reasons you may not be rich doesn't end at 10.

Caring what your neighbors think, not being patient, having bad habits, not having goals, not being prepared, trying to make a quick buck, relying on others to handle your money, investing in things you don't understand, being financially afraid and ignoring your finances.

Here are 10 more possible reasons you aren't rich:

You care what your car looks like:

A car is a means of transportation to get from one place to another, but many people don't view it that way. Instead, they consider it a reflection of themselves and spend money every two years or so to impress others instead of driving the car for its entire useful life and investing the money saved.

You feel entitlement:

If you believe you deserve to live a certain lifestyle, have certain things and spend a certain amount before you have earned to live that way, you will have to borrow money. That large chunk of debt will keep you from building wealth.

You lack diversification:

There is a reason one of the oldest pieces of financial advice is to not keep all your eggs in a single basket. Having a diversified investment portfolio makes it much less likely that wealth will suddenly disappear.

You started too late: The magic of compound interest works best over long periods of time. If you find you're always saying there will be time to save and invest in a couple more years, you'll wake up one day to find retirement is just around the corner and there is still nothing in your retirement account.

You don't do what you enjoy:

While your job doesn't necessarily need to be your dream job, you need to enjoy it. If you choose a job you don't like just for the money, you'll likely spend all that extra cash trying to relieve the stress of doing work you hate.

You don't like to learn:

You may have assumed that once you graduated from college, there was no need to study or learn. That attitude might be enough to get you your first job or keep you employed, but it will never make you rich. A willingness to learn to improve your career and finances are essential if you want to eventually become wealthy.

You buy things you don't use:

Take a look around your house, in the closets, basement, attic and garage and see if there are a lot of things you haven't used in the past year. If there are, chances are that all those things you purchased were wasted money that could have been used to increase your net worth.

You don't understand value:

You buy things for any number of reasons besides the value that the purchase brings to you.

This is not limited to those who feel the need to buy the most expensive items, but can also apply to those who always purchase the cheapest goods. Rarely are either the best value, and it's only when you learn to purchase good value that you have money left over to invest for your future.

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Your house is too big:

When you buy a house that is bigger than you can afford or need, you end up spending extra money on longer debt payments, increased taxes, higher upkeep and more things to fill it. Some people will try to argue that the increased value of the house makes it a good investment, but the truth is that unless you are willing to downgrade your living standards, which most people are not, it will never be a liquid asset or money that you can ever use and enjoy.

You fail to take advantage of opportunities:

There has probably been more than one occasion where you heard about someone who has made it big and thought to yourself, "I could have thought of that." There are plenty of opportunities if you have the will and determination to keep your eyes open.

Why Do People Fail Or Succeed

Why People Succeed or Fail Parkinson's Law is one of the best known and the most important laws of money and wealth accumulation.


It was developed by English writer C. Northcote


Parkinson many years ago and it explains why most people retire poor.

The Way the Law Works

This law says that, no matter how much money people earn, they tend to spend the entire amount and a little bit more besides. Their expenses rise in lockstep with their earnings. Many people are earning today several times what they were earning at their first jobs. But somehow, they seem to need every single penny to maintain their current lifestyles. No matter how much they make, there never seems to be enough.



The Key to Financial Success

The first corollary of Parkinson's Law says: "Financial independence comes from violating Parkinson's Law."Parkinson's Law explains the trap that most people fall into. This is the reason for debt, money worries and financial frustration. It is only when you develop sufficient willpower to resist the powerful urge to spend everything you make that you begin to accumulate money and move ahead of the crowd.

Slow Down Your Spending

The second corollary of Parkinson's Law is: "If you allow your expenses to increase at a slower rate than your earnings, and you save or invest the difference, you will become financially independent in your working lifetime."This is the key. I call it the "guage." If you can guage between your increasing earnings and the increasing costs of your lifestyle, and then save and invest the difference, you can continue to improve your lifestyle as you make more money. By consciously violating Parkinson's Law, you will eventually become financially independent.

Action Exercises

Here are two things you can do to apply this law immediately:First, imagine that your financial life is like a failing company that you have taken over. Institute an immediate financial freeze. Halt all non-essential expenses.

Draw up a budget of your fixed, unavoidable costs per month and resolve to limit your expenditures temporarily to these amounts.Carefully examine every expense. Question it as though you were analyzing someone else's expenses. Look for ways to economize or cut back.

Aim for a minimum of a 10 percent reduction in your living costs over the next three months.Second, resolve to save and invest 50 percent of any increase you receive in your earnings from any source. Learn to live on the rest. This still leaves you the other 50 percent to do with as you desire. Do this for the rest of your career.

" IF YOU HAVE DESIRE TO ACQUIRE,NEVER RETIRE TO REFIRE"