Monday, February 23, 2009

P.E.P.P.

I am working on my next book P.E.P.P.

Preparation
Execution
Persistence
Patience

Anything we do in life these four key elements play a very important role. We must prepare before we go into battle. We must execute our plan, or our plan is worthless. Action is required along with having a positive outlook that good things will happen. We must persist! We must not let little obstacles stand in our way. Finally we must have patience! Things take time to work. We live in a world of instant gratification, where people want things and they want them now. People want to become Tiger Woods, yet they are not willing to go through what he goes through to be the best. These examples can go on forever. We must be willing to have patience as we prepare, execute, and persist!

Have a great week!

Monday, February 16, 2009

This Week.....

This week is a very important week for all of us! This week we have the opportunity to make changes in our life that can impact our future. I am challenging you this week! Take ten minutes after reading this, sit down, and write down 2 or 3 commitments you can do this week that will help you improve your life. To many of us get caught up in "life" or the "rocking chair". A rocking chair creates a lot of motion but never moves FORWARD! We get caught up in being "busy" versus being "productive"! I wrote "Winning The Money Game" with Adam Carroll and last week when talking to him he helped me distinguish between busy and productive. I can be "busy" 24 hours a day 168 hours a week, and not be productive (Moving forward towards success).

So let's not try to completely change our lives this week (This is a process not an event, and it will take more than one week). This week let's take the first step, by doing a few things that are truly productive and will move our life in the right direction. Continue to ask yourself this week, "Is what I am doing right now, being busy or being productive?" and see what impact you can have!

Good luck!

We are making a lot of changes right now and are always excited to hear from you! Let us know how things are going, or what else you would like to see!

THINK BIG!!

This week, I want you to think about, and write down, all the things you want to accomplish in the next 18 months, both personally and professionally. The great thing about success is that everyone defines it a little differently. One thing that I am sure of is that my definition of success won’t motivate you to do anything, and vice-versa your definition will probably not motivate me. We all have to come up with our own definition. When I say think about and write it down, what I mean is get specific. To say, “I want to make more money” isn’t good enough. Write down “why” you want to make more money. Some people want more money to save it, others to spend it. Some want to be able to give it to their children, families, or charities, and yet others think it will make them more important. Having a vision of what you want to accomplish is more than just money. There are many different areas to think about. Family, career, your finances, your health, your relationships with your friends, your social life, etc….the list can go on an on, but the key here is to let your imagination run. Don’t get caught in your box.

I have to believe that all of us sometimes don’t think big enough. I think big, and that has allowed me things in life that others might not have the chance to experience, yet I was very humbled after I read a story on about Steve Wynn. Steve Wynn built the first “Mega” Casino in Las Vegas Nevada (The Mirage, which is now owned by MGM). When Steve built it he had a construction loan, and his goal was to pay off the loan in seven years. When he went to his accountants and all of his financial team, he asked them what it was going to take to pay off the loan in his seven year time frame. After they did the math they told him that he would have to profit $1 million dollars a day, 365 days a year, for the next seven years. If that happened he would be free of his loan in seven years. $1 million dollars a day profit, after he paid all his staff, and all his bills he would need to have $1 million dollars left each day, every day for the next seven years. Wow! To me that seemed impossible, but to Steve it wasn’t. Steve set his vision, to pay the loan off in seven years, and then he shared with everyone on his team. They put a game plan together, and began to execute. Well Mr. Wynn didn’t pay off his loan in seven years; he did it in 18 MONTHS!!!! A year and a half is all it took for him to pay it off, which means he probably profited 4,5,6,7,8 millions dollars a day, every day!! The best part about it is that after 18 months, all that profit went to him!

Now I am not saying that all of us are going to profit $1 million dollars a day, but I would say that the story is a good reminder for all of us to think bigger than what we do. As Steve said, “Doubts don’t build empires…..Imagination does.” So let your imagination run as you set your vision and goals. Stretch you mind, spirit, and body and you just might be amazed at the results.

Sarah and I have been blessed at a very early age in life, but we are making a mission for the next 18 months to “stretch” our thinking, and we encourage you to do the same!

Monday, February 9, 2009

Our Biggest Asset....

There is so much "noise" going on right now with the economy, job losses, a new "stimulus" package, tax cuts,retirement accounts moving in the wrong direction (including mine!), housing troubles, etc......

Wow! If we get caught up in all the "noise", it would be very easy to become depressed and have a completely negative outlook on life as a whole. So what we MUST do is shrink our "universe" down to our biggest asset which is us! You are your biggest asset to make changes in your life, to help resolve issues you are going through, to find a job, to make money, to build a better relationship with a loved one, and the list can go on and on. Plus you can't control the stock market, the government, what happens to your home price, the price of oil, etc....but you can and must control you! Too many people rely on others (where they work, their families, their church, the government) to support them, or to tell them what to do next. This type of thinking shrinks one's own ability for "free thinking". If we allow others to think for us and make decisions for us we are not growing our biggest asset, we are actually shrinking that asset, and making it a liability!

What are you doing today to grow your biggest asset? There are three uses of your time. You can invest your time, spend your time, or waste your time. When you invest your time you are growing your biggest asset. Focus on ways to invest your time! How? You can:
  1. Read a book
  2. Spend quality time with a loved one
  3. Find your true calling in life and begin the proper steps to find a new career or job
  4. Work on your resume
  5. Network to find other avenues of business
  6. Go to the gym and get a workout in
  7. Pick up the phone and make that call you have been wanting to make
  8. Take some quiet time to gather your thoughts
  9. Take the first step in making a situation better

The list could go on and on as well, but by investing your time you are growing your biggest asset....YOU!

Take time this week to do at least three things that will truly help you grow your biggest asset!

Good Luck!

Monday, February 2, 2009

Short Term Setbacks....

In today's economy, it is easy to let short term setbacks in life look a lot bigger than they really are. I understand setbacks, we have had our fair share lately. That being said, all of us must keep our eyes on our longer term goals. If you are going through a tough time right now, in any area of your life, it is so easy to get caught up worrying about it 24 hours day. Also, if all you think about is your short term setback you are not focusing your energy where it should be, which is finding a solution, solving the issues and getting back on track.

You must deal with your setbacks, and we all have them, but letting them steal your confidence, and plan for the long-term is not the answer. Setbacks in life do not mean that you are not moving forward. Life is a game of peaks and valleys, and we must have the ability to handle both sides of the coin.

How to handle short term setbacks:

1. Focus on the solution and take the first step
2. Set a realistic time frame of when the issue can be resolved (1 day/1 month/1 year?)
3. Take action and don't look back
4. Remind yourself of your longer term goals (3-5 years)
5. And finally, remember that these setbacks don't make you a bad person, you are the same person you were, when you were enjoying a "peak" in life!

Have a great week!