The Science of Getting Rich

 
October 9th, 2009 by Mr.SelfDevelopment 17 Comments

“Abundance” – courtesy of Geeart.com

If you don’t read any other book this decade on financial prosperity, you must read “The Science of Getting Rich.”  The Science of Getting Rich is a great (short) book which was written by Wallace D. Wattles back in 1910. It provides a basic roadmap teaching on how anyone can become financially free.

I will briefly share with you the major points of the book in this article.

The book starts off discussing how there are:

  • Smart people that are rich, and
  • Blockheads that are rich
  • Intellectually brilliant people that are rich, and
  • Mentally slothful people that are rich
  • Big spenders that are rich, while
  • Many frugal people remain in poverty

The authors point in making these observations is to note that riches are not contributable to luck, the right family, or the right neighborhood; but something else.

This article will recap the basic principles taught in “The Science of Getting Rich,” so that you can start practicing the science today, even if you’re a blockhead.

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How Do You Increase Your Income?

 
July 28th, 2009 by Mr.SelfDevelopment 14 Comments

Image courtesy of Stephen Barnwell.

I was in an “on-line forum” the other day when someone asked the question, “How do you increase your income?” The person asking the question was no longer working their “day-job,” and was seeking to make money in other ways.

This person was making a few dollars each week teaching kids how to play basketball, but was looking to make additional money.

The Solution

In order to increase your income, you must increase your value; “YOU” must become more valuable.

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Is It Better To Single-Task or Multi-Task?

 
July 14th, 2009 by John Anyasor 30 Comments


photo credit: Dakimapics

There are no shortage of ‘experts’ that claim to know the secret of maximum productivity. At first someone will swear that the only way to really get things done is to multi-task: more done, less time. Then immediately someone will counter that it’s far simpler, more effective and rewarding and ultimately more ‘zen’ to do one task at a time: single-tasking.

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8 Powerful Career Lessons They Should’ve Handed Out On Graduation Day

 
June 25th, 2009 by Shamelle 12 Comments

Image courtesy of Rosswell86

It has been 7 years since my graduation day and I still remember the excitement; I was relieved that the ”exam phase” of my life was over; I looked with enthusiam towards my first job. Little did I know that the “working world” would require an extraodinary effort and loads of other skills!

My journey on the career ladder would have been smoother, had I known a few important lessons. While there are many ”on the job” lessons, some things in life must be experienced, to be truly understood. What follows are 8 such career lessons, I wish they’d handed out to me along with my diploma.

1. Your career is not your life. Many of us rely heavily on our careers for satisfaction in our lives. We get immersed in the day-to-day rush of our work and discover that we no longer have the time, energy or inspiration.
For some people (my former self included), it’s as if our jobs are part of our bodies, and if we don’t see ourselves as successful in them, we feel almost physically unhealthy. As a result, we question ourselves when things aren’t going in the direction we hoped. Consciously separating your self from your career allows for a greater perspective on both.

2. Be indispensible (at least one area)
There are certain things that you can do, or that you can learn to do, that can make you extraordinarily valuable to yourself and to others. Identify your special areas of uniqueness and then to commit yourself to becoming very, very good in those areas.
Take stock of your unique talents and abilities on a regular basis. What is it that you do especially well? What are you good at? What do you do easily and well that is difficult for other people? Identifying what separates you from thoses around you, and concentrating on those skills will make your unique skill set invaluable and hard to replace.

3. Don’t grow stale in your career. We live in a world where technology is evolving rapidly. This has a direct consequence on your career. Stay up to speed on the latest happenings in your field. Read various articles and books to keep your mind sharp. Attend seminars at your present job if offered. Seek out mentors who can advise or educate you. Don’t become comfortable with the status quo or complacent about things you are already good at – you can always be better, so taket he time to find out how.

4. Guard your time like a hawk. At work, we often find ourselves bombarded with ‘urgent’ requests. All of these urgent requests can disrupt the thinking processes. Sometimes it may take twice as long to get something done, simply because of the interruption. Learn to say No (with good reason!) and prioritize your tasks.

5. Polish your people skills. You may do your job well, even so well that no one can complain. But you never seem to get ahead. Sound familiar?
People issues can be one of the main reasons people leave jobs. It can also be a cause for dissatisfaction and reduced productivity. Bottom line: you need people skills to move up.

6. Communicate effectively. No matter what career path you choose to follow, you have to have good written and oral communication skills to get ahead in your career.
Make a real effort to listen to everything that’s being said to you. Observe and learn from others who make it seem effortless.

7. Keep your cool. We sometimes forget that we are in a professional environment and tend to curse and behave like a teenager. Whatever happens, don’t explode or throw your arms up in resignation. Keep your mind clear at the worst of times and you’ll be able to handle anything. There’s nothing more respectable than being calm under fire. So take a deep breath, or a walk around the block, and find away to diffuse your frustration before you address whatever the problem is.

8. Shield your reputation. The people you hang out with will add value or break your good name. Also, if you spend time with people who gossip and tear others down, you are likely to catch it too.
So, identify ways to develop and maintain a professional image that is positive and genuine. Surround yourself with positive people who seek to grow and improve.
Looking back at your career, what has been most responsible for your success? Any lessons you would like to add to this graduation day handout?

Shamelle is a Guest Blogger for PickTheBrain and the founder of The Enhance Life, a blog offering real life wisdom, for modern life growth.

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5 Ways to Make Working From Home Work For You

 
June 12th, 2009 by Erin Falconer 5 Comments

How many times have you sat in rage-inducing, morning rush hour traffic, cursing your boss for making you come in early to finish that report, when clearly you would have already had the report finished if you’d only been allowed to write it from home instead of sitting in this car!?

How many times, distracted by your coworker, whose high-pitched laugh while regaling her BFF on the phone about a ‘hysterical’ new Facebook post, have you cringed thinking to yourself, if only I were working from home I wouldn’t have these distractions!

How many times in a week do you find yourself thinking, if only I could work from home I would be so much more productive!

Well, according to last months’ Time Magazine – The Future of Work issue, more and more employees and employers are opting for new and innovative ways to redefine the workplace, the most common of which, is changing it – more specifically from your office to your home. And while I hear upon writing this, a chorus of working stiffs belting out Hallelujah!, before you jump into your new way of life (conference call in your pajamas, anyone?!) – a life free of stress, bureaucracy, and office politics – I caution you to remember the old adage: Be careful what you wish for, you just might get it.

While without question, if done correctly, working from home will yield more productivity, less wasted time, and generally improve your quality of life, if done incorrectly you will see the exact opposite happen to the point where your job itself, may be threatened. And with the exuberance of being ‘free’ there is the risk that you will throw yourself into your new situation, without proper preparation. Simple upfront planning will ensure your success and increase your satisfaction factor.

1. Discipline: This is the single hardest part of working from home. Looks easy from your crowded cubicle, but simply not true. First you must honestly ask yourself what kind of person you are: Are you the type of person that works better in a structured environment? Or do you thrive with this type responsibility? Remember once you’re working at home there’s no rush hour and no pesky coworker to blame: your performance will be judged solely on you. If you are going to work from home, understand you’ll have to be ruling yourself with a stiffer fist. The general rule of thumb that I’ve found works is: If you wouldn’t do it at your old office (i.e. take 5 calls from Francine about her blind date last night) don’t do at your new office. I have found that the transition from office to home office is made significantly easier if you start working from home on a part time basis, and then gradually make the transition to full time from home.

2. Scheduling: One of the most important and overlooked aspects of working from home is creating a schedule. Just because you’re not required to be somewhere at 9 and can’t leave until 5, doesn’t mean you shouldn’t have a firm schedule. It is absolutely necessary to write out a weekly schedule for yourself – and stick to it. Working from home can come with many distractions – i.e. all of a sudden that bookshelf you’ve avoided for weeks needs to be dusted right now – and if you aren’t strict about your working hours they will quickly escape you. One of the other pratfalls is that when working from home there is no limit to how much you can be doing – theoretically you could be working 24 hours a day. So it is important to make clear guidelines about where your time will be spent everyday.

3. Create the appropriate space: When working from home, one of the big challenges is keeping your ‘home’ life from your ‘work’ life, otherwise with time both worlds will blur into one, leaving you feeling like you’re always working and never living. If your space allows it, designate one room to be used specifically and ONLY for your office – while it would be more comfortable to sit on your couch writing that report (like I am right now…horrible, horrible, horrible!) it is important to have a concrete spatial divide. If you don’t have the space available, craft out a corner which again is reserved for ‘work’ time only.

4. Separating work from home: Building on creating different spaces, your entire work practice should be separated from your living practice. Though at first it might seem sooo productive to be doing your laundry while taking a conference call, it’s actually not, and most probably both tasks will suffer as a result. Use the time you have allotted to work, to work, conversely use the time you’ve allotted for personal chores, for personal chores. It is also a good idea to get out of your house on designated breaks, i.e. lunch, afternoon break. Go for a walk around the block or eat your lunch outside. Being trapped in your house day and night has many negative long term effects, both personally and professionally.

5. Staying Connected: Just because you’ve said Hasta La Vista to your office, doesn’t mean you should say the same to your colleagues. One of the bigger risks of working from home is becoming isolated and out of the loop. Make the effort to reach out to colleagues you have a good rapport with – suggest a group happy hour drink/coffee once a month. Most jobs and careers still benefit from making connections and having in person relationships. Meeting up once a month will keep you abreast of relevant insider information that will invariably help you in the long run.

Got any working-from-home advice or stories that can help? Please feel free to comment below! (Only if you’re on a break!!)

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What Would You Do With Five Years?

 
January 26th, 2009 by Ali Hale 27 Comments

driving
Image courtesy of Superbomba

“For the past 33 years, I have looked in the mirror every morning and asked myself: ‘If today were the last day of my life, would I want to do what I am about to do today?’ And whenever the answer has been ‘No’ for too many days in a row, I know I need to change something.” – Steve Jobs, in Commencement Address to Stanford students

What would you do if you were told you had five years left to live? I prefer to use this rather than Steve Job’s single day, because most of us, with a day or week left, would spend them seeing family and saying goodbyes.

But five years is different. Five years is long enough to accomplish almost any goal you might have, however ambitious. And you wouldn’t want to spend five years partying hedonistically, or eating your favourite meal every night.

Would you finally get around to writing that novel that you’ve been planning for more years than you want to admit? Would you quit your job and set up your own business – secure in the knowledge that your retirement fund is no longer a problem? Would you find the means and the money to travel to places you’ve always wanted to visit?

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