Category: Money

Side Effects of the Information Age

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Demagogues or rabble rousers have always had a leg up in the political arena. If you can whip up a frenzy of prejudice and ignorance and raise the specter of looming threats or conspiratorial “elites”, while not being particularly beholden to facts, you’ll get a big chunk of the population on your side. And in an age where our daily lives are overwhelmed by an incessant glut of information, demagogues have more power than ever. Amazing accessibility of most information has devalued facts, blurring lines between experts and demagogues. Getting away with untruths may be easier than ever.

Is there an actual information overload now? It’s not just the incessant texting, emailing, Facebook-checking and the hundreds of channels on TV with nothing on. As psychology professor Daniel Levitin points out:

“In 1976, there were 9,000 products in the average grocery store, and now it’s ballooned to 40,000 products. And yet most of us can get almost all our shopping done in just 150 items, so you’re having to ignore tens of thousands of times every time you go shopping.”

Even the store is overloading us. Levitin proposes that in the last 10 years we’ve created more information than in all the human history that preceded it.

“I’ve read estimates there were 30 Exabyte’s of information 10 years ago and today, there’s 300 Exabyte’s of information,” says Levitin.

On top of all this information and choices, Earl Miller, an MIT neuroscientist, notes that our brains were actually not even “wired” to multitask.

“When people think they’re multitasking, they’re actually just switching from one task to another very rapidly. And every time they do, there’s a cognitive cost in doing so,” explains Miller.

In fact, multitasking was found to increase the production of cortisol, a stress hormone, as well as adrenaline, which can overstimulate the brain and cause “mental fog”.

As we go around in our mental fog, why would we even listen to experts like Levitin and Miller? In the information overload age, a layman is empowered as much as a so-called “expert”. Let’s say you come across a Neil DeGrasse Tyson article. If you don’t like something about it, and especially if you don’t understand it, you are free to leave a comment under his Facebook article about just how wrong you think he is. You have the power to immediately set this “expert” straight. Doesn’t matter that you don’t have a degree in astrophysics. Your emotional reaction to his “facts” is all that matters here.

What may be happening is what social and political analyst (and another “expert”) Professor Tom Nichols termed “the death of expertise”.

“I fear we are witnessing the “death of expertise”: a Google-fueled, Wikipedia-based, blog-sodden collapse of any division between professionals and laymen, students and teachers, knowers and wonderers – in other words, between those of any achievement in an area and those with none at all. By this, I do not mean the death of actual expertise, the knowledge of specific things that sets some people apart from others in various areas. There will always be doctors, lawyers, engineers, and other specialists in various fields. Rather, what I fear has died is any acknowledgement of expertise as anything that should alter our thoughts or change the way we live,” writes Nichols.

Even doctors are no longer as much of an authority as people go online to diagnose themselves, resulting in the rise of cyberchondria. Just because you can find some symptoms in a search engine doesn’t mean you have that disease or that you know better how to treat it than a doctor. Still many of us do this every time we get a weird sensation.

Sticking to what we already think we know is also much easier. It doesn’t take a scientist to tell us we like to be right. Once we get an idea in our head, facts to the contrary aren’t necessarily going to make much difference.

Recent research, published in the Journal of Personality and Social Psychology, describes studies where when participants were confronted with facts that went against their views, they were likely to reframe their views as matter of opinion and personal morality (to which they had every right). On the other hand, once the presented facts were in line with their own thinking, they stated that their opinions were fact-based and didn’t invoke morality quite as much.

The researchers concluded that people’s belief systems include an aspect of “unfalsifiability” which they employ for defensive and offensive purposes. The defensive function serves to support their worldviews and a sense of identity, while anyone who ventured into the comments section of most Facebook posts could figure out what the offensive purpose is all about.

Further research by Dartmouth scientists revealed the implications of the “backfire effect”. The effect described a phenomenon whereby “corrections actually increase misperceptions.” Basically, when hearing two sides of an argument, people tend to side with the one they already agree with, corrective evidence notwithstanding. The researchers saw this related to the process by which people “bolster their preexisting views”. Especially if they have to argue their opinion vigorously (let’s say, in an internet flame war), their original opinion might become even more entrenched and extreme, facts be damned.

Of course, there’s also the Dunning-Kruger effect, whereby “low-ability” (aka not very smart people) don’t have the ability to know they are not smart and actually double down on their sense of superiority. On the flip side of that, smart people may actually underestimate their abilities. So the less intelligent get louder and the more intelligent keep to themselves.

Still, no matter how many psychology studies say this or that, none of it matters if you are disinclined to believe them. With too many facts and studies, it’s easier to stay in the mental fog. And that’s the space where demagogues operate. From the Ancient Greek warmongering leader Cleon to Hitler to Joseph McCarthy, a rabble rouser prays on the people who value beliefs more than facts. To produce desired actions from the crowd, they invoke the age-old tactic of invoking fear. Scare enough people that everything is wrong and you are the only one who can protect them, and you might find yourself in a leadership position.

“What is really fascinating when we look at the brain research around fear is that our brains proxy anything that feels unfamiliar, incoherent or inaccessible as being unsafe,” says Harvard psychologist Susan David.

Immigrants, foreign countries, people with different skin color or sexual orientation have certainly become the fearsome “unfamiliar” in the mouths of many a demagogue, some of them still in the running for the job of the leader of the free world.

Fear of the unfamiliar works especially well when confronted with an incessant barrage of information. The devil you know is your devil. You know how to live with him.

Fear is also more interesting to the news. How many of us would really tune in to watch how everything around the world is actually working out? But give us a story about a new threat and most of us would not change the channel.

Is there a solution to where we find ourselves? Can we get a grip on the information deluge? How do we make sure that someone will not come to lead us right into another world war or some totalitarian regime as demagogues often do? There may be little we can do. As history shows, the rise of demagogues is often predicated on a certain number of factors which are all in play in the modern world. This may be a something we’d just have to ride out. And vote out.

by Paul Ratner September 11, 2016

5 Ways to Reach Millions of People

5 Ways to Reach Millions of People

Image credit: Shutterstock

It’s very easy if you know what you’re doing. The fact is that great influencers never stop branding and promoting. They are always marketing themselves, using every detail in their business to add value to those who want them most. If you want to reach millions of people, you need to create unstoppable content and promote yourself endlessly.

To reach the masses, you must have a strong desire to do so. You must also think of how you can expand your reputation. Ask yourself right now, “What do people think of when they think of me?” Usually, most people would come up with simple answers: smart, funny, articulate, good-looking, organized, and more. However, what can those attributes do to that help you reach millions of people?

The fact is that it doesn’t expand your influence until you put it all together. Those qualities must be concocted into your brand and show people who you really are. Your personality must ooze out of your work, allowing people to say, “I can relate with a guy or gal like that.” This is the key to reaching millions of people.

Your story won’t always connect with everyone automatically, but if you develop it in a way that has a mass appeal, you can ultimately reach millions of people. Here are 5 Ways to Reach Millions of People:

1. Make associations.

When people think of you, what’s the first thing that comes to their minds? What do you want to be known for? Donald Trump is a master at this. Regardless of your political position, you must understand that Mr. Trump has made many associations in the minds of millions of people, allowing him to become the most famous billionaire on the planet.

Some people know him from his show, The Apprentice. Others buy his shirts and ties. Many see him as the future ‘President’. Others remember him as the owner of casinos, Trump Towers, or even golf courses. People know him as the ‘Billionaire’ or even the ‘New Yorker’. Many people enjoy the drama and controversy he brings. Some might even call him grandpa. You get the point.

Making associations in the minds of others will increase your influence substantially. Ask yourself, “What do I want to be known for?” As soon as you come up with the answers, build your brand and produce that kind of image in everything you do. Soon enough, people will automatically make those associations with you, which will maximize your influence.

2. Become an expert.

Everyone is looking for truth. They want answers in their personal and professional lives. When they find the expert they’re looking for, they become loyal to them. Once you build a small following, take that feedback from others to enhance your brand by making the correct adjustments. Walk, talk, and act like the expert you’ve become.

Release content that no one has ever seen. Write articles that display new ideas in your industry. Shoot videos that catch your audiences’ attention. Go out there and give speeches to groups of people. Use your testimonials on your website and social media. Take photos and post them. Write a book. People are waiting to see what you’ve got, so share it with them. My company helps you do this. Be omnipresent. Go viral.

Becoming an expert doesn’t take as long as it used to be. Nowadays, a person can read the top ten books in their field, talk with dozens of people, and use an appropriate title and bio to demonstrate their brand. Even though you can become an expert overnight, you must consistently produce top-notch content for many years if you want to reach millions of people. In short, experts answer questions that you haven’t even thought about yet.

3. Only hold profitable relationships.

Surprisingly, most people don’t know how valuable their networks are, otherwise they would ALL have fortune and fame! The truth is that every moment that you invest with others, either virtually or face-to-face, must be profitable. If it isn’t, be sure to sever all relationships that aren’t producing wealth.

Of course, wealth can come in all forms. It’s not only the money you receive, but the ideas you gather, connections you make, and people you impact. You must use this wealth to market yourself. Make a list of the most profitable people in your life. By doing this, your unprofitable (or least profitable) relationships will fade away. It works every time. Winners and losers never get along.

To reach millions of people, you need to send out a minimum of 100 phone calls and emails per week. You should be having a minimum of three solid conversations per day if you want to extend your reach. Every email you send will build your brand. It is also good to know that there are millions of people waiting on the phone, if you would only use it wisely.

4. Build trust.

How do you build trust online? First, you must get real with yourself, and then with your audience. I’ve seen people make the futile mistake of acting like someone they’ll never be. Then they wonder why no one has approached them for help. To build trust, you must share your message in the simplest way possible. Everyone must understand your message.

Just think, how many times have you visited someone’s website and have gotten confused with their message? Maybe you’ve seen a website and have associated them with being “too expensive.” Since we all think in pictures, you must leave a message that arouses their attention. Always remember that a confused mind always says ‘No’. If people don’t find what they’re looking for, they’ll leave.

People want to do business with you, but they need validation. They’ll look at your reviews. They’ll try to dig up testimonials and other kinds of information. They’ll even Google you 15 pages deep! Either way, this is the way human nature will always be. If you give people a reason to trust you, they’ll be telling their friends about you. People do business with those they know, like, and trust.

5. Create your story.

A compelling story is what creates the most interesting brands. Look at the movie ‘Titanic’. It’s a motivational love story that has reached millions of people because of it’s ability to relate to human experiences. If you’ve seen the movie, you can easily remember distinctive points if I brought it up. Do you recall when the Rose almost jumped off the ship? We all do.

Your story must be highly-developed and contain many human elements. If you’ve read a good story, you’ll usually ask, “I wonder how he or she did it? Let’s find out more.” Because of this ‘mysterious’ factor, you’ve built excitement and interest which will build curiosity. Plus, we all know people love a juicy story. In fact, people go out of their way to obsessively learn about you.

Stories are remembered from generation to generation. Once you create a story that attracts people, you must ensure that it displays humility and transparency. Sure, you can have a great story, but if you come off as a ‘god’ or seem untouchable, no one will feel that they can meet you. Thus, the best story allows your audience to connect spiritually, mentally, and emotionally. What’s your story?

Reaching millions of people takes much work and not everyone is born to do it. However, if you feel like you have the talents, skills, gifts, and abilities to make it happen, be sure to study people who are reaching millions. Whether you like them personally or not, try to connect with them and ask for help. After all, we live in a virtual world that’s becoming more touchable than ever before!

Daniel Ally Contributor

How To Grow 168 Plants In A 6×10 Space: DIY A-Frame Hydroponic System

Here’s an incredibly efficient system that grows 168 plants in a 6 X 10 space by using an A frame hydroponic system. It’s an effortless way to grow a lot of food in a small space.

This idea can be approached in several ways. Once you understand the basic concept you could swap in salvaged materials or adjust the shape. To get a good idea of how it works check out the horizontal A-frame hydroponic system below.
This system is a fantastic way to grow greens, herbs, strawberries, and more.

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Sources:

http://thehomesteadsurvival.com/grow-168-plants-in-a-6-x-10-space-with-a-diy-a-frame-hydroponic-system/

http://www.offgridworld.com/a-frame-vertical-hydroponic-garden-grows-168-plants/

 

Cymantra Admin – June 20, 2015

 

 

The 4 Simple Changes that can Help you Become a Successful Entrepreneur

The 4 Changes That Won Me $2 Million

Image credit: Shutterstock
I thought, and not for the first time, about the freedom I’d lost, and craved, about the workdays that had devolved into series of to-do lists. I felt deeply that I needed to make some major changes or risk losing myself to my business.

So. . . I made those changes. And that turnabout was one of the best things I’ve ever done. Ultimately, the changes I made to take better care of myself and to value my time enabled me to land my first multimillion-dollar contract.

What were those changes? There were four that enabled my success — and they can serve any entrepreneur:

1. Stop believing in “busy” and rethink “hard work.”

I viewed my mounting task-list as a sign that I was doing well. But it was just the opposite: I had become too distracted and spread myself too thin to make any valuable progress.

To turn things around, I thought deeply about the woman I wanted to be and what I wanted my employees and clients to feel when they thought of my company. I cut anything from my schedule that didn’t align with whom I desired to be and the culture I wanted to create for my team. I began saying “no” to anything that didn’t inspire me.

I thought about Stacy Snapp-Killian, an entrepreneur, mother and member of the women’s leadership movement, who began JustUs Love. I thought about how, when she was starting her business, her mother made her promise not to date for a year.

“I didn’t understand this request until after fulfilling it,” Snapp-Killian says. “It meant sacrificing my weekends, but I was able to do so much with my extra time. In one year, my business grew into a YouTube series and social media buzz, and I published my first book.”

You can follow Snapp-Killian’s lead and not date for a year, or decide to do the exact opposite — prioritize dating and make your business secondary. The point is to align your daily mission with what’s most important to you in order to fulfill your individual definition of success.

2. Make yourself the priority.

I let my mental and physical health fall to the bottom of my priority list, and that mistake started to tear apart everything good. I experienced extreme mood swings, was short with people and constantly tried to “keep up.” Operating from that place didn’t allow me to do anything at my best.

When a coach I worked with helped me realize I had to take care of myself before I could be of service to my company, I mustered the courage to cut all unnecessary “business” from my life and make space and time for myself. Dropping some unnecessary tasks gave me the clarity to focus on and grow my business in the right way, which played an integral role in my winning that first multimillion-dollar contract.

As Mindy Lamont, founder of The Insurist, says, you have to make a habit of trimming the fat. “There are always things you can eliminate in your life to make it more efficient,” she says. It’s a practice, not a one-time thing.

3. Get creative with time management.

For a long time, I had burned myself out trying to squeeze my work into the space of “acceptable” working hours. I was going through a period in my life when my energy peaked at 8 pm. Yet had I allowed myself, I would have gotten into “the zone,” from 8 pm to 11 pm, which is when I finish some of my best work.

Once I stopped forcing myself into a typical business-hours schedule, I gave myself the freedom to design my days around my energy levels. My productivity and contributions soared.

4. Stop mindlessly chasing business.

Many entrepreneurs feel the need to chase all leads — even ones that aren’t ROI-positive and don’t fit their business model. My team used to feverishly pitch clients in any industry if an opportunity popped up. But once we focused our attention and resources on the healthcare industry, for example, we were able to win the 1-800-MEDICARE support contract, which has been one of our company’s most rewarding accomplishments.

So, take a lesson from my experience: If the current price for your business is your sanity, it’s time for a change. You may not succeed at every lofty goal you dream up, but if you’re willing to make tough decisions, eliminate distractions and clarify your focus, you’ll succeed at the things you care about most.

Contributor Sumi Krishnan May 27, 2015

4 Roadblocks that may be stopping you from becoming a Millionaire

4 Reasons Why You'll Never Be a Millionaire, and How You Can Change That

Relaxing vacations on the French Riviera, huge donations to your favorite charity and an early retirement. These are the kinds of things people think of when they hear the word “millionaire.”

It’s unlikely you’ll ever experience that. Sorry.

Unless, of course, you can overcome the following four roadblocks stopping you from achieving millionaire status. Each roadblock below also offers an “immediate action step” to help you overcome the things holding you back. Let’s get started.

1. You don’t understand how money works.

Money is not a complicated topic, but still, few seem to really understand how it works. Do you? Sure, you can blame the school system or your parents, but the responsibility is still on you to figure out how money is made, how it is held, how it is invested and how it is preserved.

Millionaires understand that money is not something that is discovered, won, or created by chance.

As I stated in my previous column, 5 Powerful Books That Changed the Direction of My Life, wealth is not an accident, but an action. Building wealth is the world’s largest game, and if you want to win, you need to learn the rules. So start studying.

Immediate action step: Start by reading several great money books, such as:

  • Rich Dad, Poor Dad by Robert Kiyosaki
  • The Total Money Makeover by Dave Ramsey
  • The Richest Man in Babylon by George Clason

But don’t just read, internalize the knowledge. Debate it. Talk about it with your spouse, grandma and mail carrier. Personal finance can be learned, and by mastering it, you might discover that wealth is much easier to build than you previously thought.

2. You don’t value your education.

I get it: you are busy.

You have 25 hours of work to do every day and there simply isn’t enough time to get it all done. That’s the life of an entrepreneur, so something needs to be sacrificed. Chances are, you are sacrificing your continuing education, and it’s severely hurting your chances of becoming a millionaire. Wealthy people never stop learning, despite the business in their life.

In a recent interview on The Tim Ferriss Show, Noah Kagan says he takes time every morning to read, as well as setting aside time every Tuesday morning to simply learn.

When is the last time you scheduled “learning time”? Do you just try to “fit it in” when everything else is caught up?

Follow the advice of Kagan, Ferriss and other incredibly successful entrepreneurs: never stop learning, no matter how busy you are.

Immediate action step: Listen to the interview with Noah Kagan on The Tim Ferriss Show. Trust me — it’ll get you far closer to millionaire status than those TPS reports you were planning on working on today.

3. You live to your means.

What are you doing with your extra money each month?

I know, you probably don’t have any left over. Your boss doesn’t pay you enough. Your company hasn’t taken off yet. Or whatever other excuse you have. But let’s face it: you are spending too much money. I don’t care how much you make — it doesn’t matter. Everyone lives to their means. You could make $2,000 per month or $20,000 per month and you’ll still be broke.

The millionaires I know have made a conscience decision to live on less than they make. Instead of upgrading their life every time they make more money, they choose to put that extra cash to work for them through various investments, such as their business, stocks, real estate or other assets, which I’ll talk about next.

Immediate action step: Pull out your bank account statements for the past three months. Figure out where every single dollar went, organizing the entire list into categories. Then, create a solid budget for your future. If budgeting is difficult for you, I’d recommend YouNeedABudget. Also, read The Simple Action No One Does That Will Make You A Millionaire. That blog post alone might just make you a millionaire, someday.

4. You don’t collect assets.

A job will never make you rich. Neither will saving all your cash in a coffee can. So how can you build that wealth?

Start collecting assets.

An asset, as defined by Investopedia.com, is “a resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefit.”

Millionaires collect assets. It’s as simple as that. Do you?

An asset could be a profitable business, a growing stock portfolio or investing in the right piece of real estate (not all real estate is a good investment. It’s what you do with it that matters.)

Your car is not an asset. That shiny new electronic gadget on your arm is not an asset. Your home might not even be an asset. These are all liabilities that are robbing you of future wealth.

Stop collecting these, and start collecting things that will make you money in the long term.

Immediate action step: Make a detailed list of all the assets in your life, as well as their current value. Are you comfortable with this list? Then, make a detailed plan to acquire more assets and make a pact with yourself to NOT buy so many liabilities.

Becoming a millionaire is not impossible. In fact, it’s relatively easy when you have time on your side and the knowledge to do so.

However, it does require overcoming hurdles, which can be tough. If you want to achieve a million dollars in net worth, or more, continue to learn about the game of money, value your education, live below your means and start collecting assets. You’ll get there soon enough!

 

Brandon Turner May 20, 2015

10 Business Lessons You can Learn at Bars

10 Business Lessons I Learned at Bars

Back in college and my early 20s (when I actually had a social life), I tended to go out to parties and bars more often than I thought I “should.” My gut often told me that I should probably be studying, reading, exercising, sleeping, networking or otherwise engaging in productive activities that were more likely to directly advance my career. But I went out anyway. Those informal outings with my drinking buddies felt like a fun (and deserved) distraction from work rather than a process of self-development in and of itself.

In retrospect, I now realize how formative those years of partying really were for my career. I learned a ton of social lessons that have tremendously helped me later in life.

Of course, you do not actually have to drink alcohol or go to bars to develop these business socialization skills, but the fast-paced social environment involved in nightlife does provide a great setting for that type of personal development. This is an important lesson for passionate entrepreneurs who become such workaholics that they forget the importance of socialization.

1. Be patient yet persistent.

We’ve all experienced that frustrating moment when the bartender seems to be ignoring us in favor of other customers. Veteran bar patrons handle this impression of rejection by maintaining a visible presence and by making multiple (polite) attempts to gain the bartender’s attention.

Just like in sales or fundraising, people tend to serve our needs better when we project an air of confidence and respectful persistence. Frequent bouts of rejection and recovery build character.

2. Tip the bartender early.

Taking good care of your service providers early in the night is the fastest way to improve your quality of service as the night progresses. This same lesson goes for employees, clients and investors. Recognizing people for their performance (particularly in unexpected ways) will improve both the quality of their work and the strength of your relationship.

3. Fake it ‘til you make it.

At a trendy urban night club, it’s often easy to feel like the shortest, ugliest, poorest, worst-dressed or least cool person in the room. The dirty secret is that every partygoer has felt one of these emotions at some point. People who succeed socially (and in business) don’t necessarily possess all the desired qualities from the outset. They simply succeed in convincing themselves that they are awesome until other people start believing it too.

4. Don’t always go for the most attractive girl (or guy).

One of my favorite scenes from A Beautiful Mind was the bar scene when Russell Crowe’s character explained his game theory epiphany in the context of which woman his friends should flirt with. He cautioned them against going for the most attractive woman at the risk of alienating the other women with whom they had a better chance.

This allegory can be used to illustrate not only game theory but also the “80-20 rule.” Sometimes, rather than playing all your cards targeting the world’s best sales prospect, dating opportunity or venture capitalist, you will attain a higher return on investment by starting with targets that are more “in your league.” Impress other key players until the elites have no choice but to pay attention to you.

5. Pace yourself.

Nobody likes a rookie who drinks too much, pukes and passes out before midnight. Nor does anybody like a manager who is bouncing from one fire-drill emergency to the next, or an employee who procrastinates and then has to cram at the last minute. A more responsible and experienced partier learns to plan ahead, get some food in his or her stomach and drink a glass of water between every other adult beverage.

Moderation builds character. Personal restraint and composure are some of the traits needed to become a poised, collected manager in the face of a crisis or urgent deadline.

6. Double your expense forecasts.

Every battle plan becomes worthless once the first shot is fired. Over time, a veteran partier learns that the statement “I’m only spending $40 tonight and only staying out until midnight” is rarely a promise they can uphold.

Learning that every project ends up taking twice as long and costing twice as much as originally planned can help you choose your projects better and prepare more honest forecasts that you can adhere to. That new project — or night on the town — might not actually be worth the can of worms it might open in the first place.

7. Follow up with new relationships.

Throughout the night at a bar, party or business event, you typically have great conversations with people you’ve never met before. Each of these people could potentially become a friend or important contact — provided that you do the work to follow up.

Whenever you meet someone you like, always remember to ask for their contact info so you can follow up the next day. Send an email, tweet, text, Facebook message, LinkedIn request or whatever is appropriate for the relationship, and come up with some reason to reconnect soon (coffee, a party invite, a bike ride, a phone call, an invitation to play basketball at your local park or maybe even just virtually discussing an article that you thought they might like).

Your success in life is directly proportional to the number of awesome people with whom you are connected.

8. Fail fast.

Sometimes the current bar just isn’t the right fit. The vibe is dead, the band sucks and there’s a smell coming from the bathroom. But half of your friends are only halfway done with their drinks, and the other half figure they’ll order another round while the others finish. The cycle continues until — before you know it — you’ve spent the whole evening at that crappy bar.

A smart partygoer, and manager, can tell when the team is becoming overly committed to a dead-end initiative. She or he knows when and how to convince the group to stop investing in the current solution, before too many resources have been invested in it. “Agile” managers both have more fun and invest their resources more efficiently. They know when to hold ‘em and when to fold ‘em.

9. Take leadership when nobody else will.

There’s nothing worse than asking your friends, “What restaurant do you want to go to?” and getting the collective response “I don’t care, whatever you guys want.” This indifference can dampen a group dynamic pretty quickly. Groups actually want someone to steer decision-making to establish clarity and understanding among members.

Whether in nightlife or in business, you begin to learn that that someone can be you. Learning to take initiative is possibly the largest single contributor to success in life.

10. Designate a voice of reason in your group.

All groups need at least one designated driver to abstain from the Kool-Aid and ensure that the team members make rational decisions. Even with a great, visionary CEO to steer the bar-hopping itinerary, few groups can truly achieve greatness without a sober COO to keep everyone realistic and pragmatic.

Overall, learning to consistently have a fun, efficient and safe night out with your friends can prepare you for a lot of the challenges that can be thrown at you later in life. The best side effect is that you emerge from these youthful social activities with a network based on real friendships.

Whether you are hanging out at bars, playing in sports leagues or participating in a chess club, learning to confidently make the most of your personal relationships will help you become more successful throughout your career.

Andrew Cohen May 19, 2015

How to Transform Your Life in 6 Minutes a Day

Minute 1: S is for silence.

Instead of hitting the snooze button, and then rushing through your day feeling stressed and overwhelmed, invest your first minute in sitting in purposeful silence. Sit quietly, calm and peaceful and breathe deeply. Maybe you meditate. Center yourself and create an optimum state of mind that will lead you effectively through the rest of your day.

Maybe you say a prayer of gratitude and appreciate the moment. As you sit in silence, you quiet your mind, relax your body and allow your stress to melt away. You develop a deeper sense of clarity, purpose, and direction.

Minute 2: A is for Affirmations.

Pull out and read your page of affirmations — written statements that remind you of your unlimited potential, your most important goals and the actions you must take today to achieve them. Reading over reminders of how capable you really are motivates you. Looking over which actions you must take, re-energizes you to focus on doing what’s necessary today to takeyour life to the next level.

Minute 3. V is for visualization.

Close your eyes and visualize what it will look like and feel like when you reach your goals. Seeing your ideal vision increases your belief that it’s possible and your desire to make it a reality.

Minute 4. E is for exercise.

Stand up and move your body for 60 seconds, long enough to increase the flow of blood and oxygen to your brain. You could easily do a minute of jumping jacks, push-ups, or sit-ups. The point is that you raise your heart rate, generate energy and increase your ability to be alert and focused.

Minute 5. R is for reading.

Grab the self-help book you’re currently reading and read one page, maybe two. Learn a new idea, something you can incorporate into your day, which will improve your results at work or in your relationships. Discover something new that you can use to think better, feel better and live better.

Minute 6. S is for scribing.

Pull out your journal and take one minute to write down something you’re grateful for, something you’re proud of and the top one to three results that you’re committed to creating that day. In doing so, you create the clarity and motivation that you need to take action.

Start today.

How would you feel if that’s how you used the first six minutes of each day? How would the quality of your day — and your life — improve? We can all agree that investing a minimum of six minutes into becoming the person that we need to be to create the lives we truly want is not only reasonable. It’s an absolute must.

21 Ways to Achieve Wealth and Success

In his book, Rich Habits — The Daily Success Habits of Wealthy Individuals, Tom Corley outlines several habits that distinguish the wealthy from the nonwealthy.

It got me to think, How many people operate on autopilot and don’t stop to monitor their everyday patterns? Below I’ve summarized 19 of his habits for success (nine culled from his book and the next 10 from his recent article in Success) plus two of my own. If you’re not actively engaged in these 21 things, you are, in effect, leaving money on the table.

Related: Conquer Stress and Master Sleep for a Richer Life

1. Setting good daily habits.

Good habits are the foundation of wealth building. The difference between successful and unsuccessful people lies in their daily habits. Simply put, successful people have many good habits and few bad ones. If you understand that your bad habits may be preventing you from becoming wealthy, that realization will be the first step in your improving your circumstances.

In his book, Corley invites you to take out a sheet of paper and list your bad habits in one column and then invert each one to place under a new column for good habits. It should look like this:

Bad Habit/Good Habit

I watch too much TV.             I limit myself to one hour of TV per day.

I don’t remember names.     I write down names and remember them.

Then for 30 days, follow the guidance of your new good habits list. You’ll be amazed at how much you can accomplish.

2. Regularly creating goals.

Successful people are goal driven. They create goals all the time. They plan their day the night before with to-do lists.

People who are headed for success think for the long term. They have daily, weekly, monthly and yearly goals. But what’s a goal without a plan to reach them? So not only do successful people have goals, they also come up with ways to achieve them and hold themselves accountable.

3. Engaging in self-improvement daily.

Successful people are always looking for ways to improve themselves. They read every day and are students of their profession. They don’t spend their time on activities that don’t bring them closer to their goals.

I recently attended an event hosted by author Brendon Burchard, who said he consistently blocks out time to create. Successful people like Burchard know that time is too valuable a commodity to waste. They spend their time on the things that will move the needle for them in their business: Being committed to self-improvement means you engage in activities every day that will stretch you.

Seek ways to expand your knowledge. This won’t always be easy, but people grow from things that pose a challenge. Once your knowledge grows, opportunities appear.

Related: Arianna Huffington’s Recipe for Success: Unplug, Renew and Recharge.

4. Regularly taking care of personal health.

Each and every day successful people make an effort to eat right and exercise. Eating right is of utmost importance. Exercising daily can become a regular habit, just like taking a bath. People who exercise routinely have more energy to get things done. How are you doing in this area?

5. Often making time for relationship building.

People who are successful are other-people focused. They take time out of their day to strengthen the bonds of friendship and form long-lasting relationships with others. Networking is something they do all the time. They reach out to their contacts and look for ways to help them with no expectation of in return.

The most beautiful sound on Earth, I once heard someone say, is your name. So make it a goal to learn the names of every contact you meet. Aren’t you impressed when someone remembers your name? I know I am. So stand out as different and start remembering names.

6. Doing things in moderation.

You live in a balanced way if you do activities in moderation. This means having a balanced approach to work, eating, exercise, consuming alcohol, watching television, surfing the Internet and so forth. As a result, people will enjoy your company. If people like being around you, then you will be more apt to collaborate or find the new business partner that you need to take your business to the next level.

Related: How Fortune 500 Leaders Spend Every Minute of the Day (Infographic)

7. Getting things done.

Don’t put off to tomorrow what you can do today: Accomplish things. All people have fears, but successful people push past them. They don’t procrastinate. They get the important things done, no matter the cost.

In Rich Habits, Corley explains that when the thought of putting off something enters the mind, immediately shed notion by saying, “Do it now.” He says repeat these words 100 times if necessary. Just don’t stop till the task is done.

8. Keeping a positive outlook.

Consider the most successful person you know. Is that person positive or negative? Most likely this individual is positive, enthusiastic, energetic and happy. This person chooses to see the good in others and in himself or herself. To this person, problems are just opportunities waiting to be uncovered.

Every day people are bombarded by news of bad deeds and doings. Successful people minimize their exposure to this type of thing and instead opt to fill their minds with positive ideas from books and magazines.

9. Regularly saving money.

According to Corley, successful individuals put away about 10 percent to 20 percent of their gross earnings in a savings, investment or retirement plan. Not everyone can afford to do so, but what percent are you putting away?

Related: 8 Money Mistakes to Avoid on Your Way to Being Wealthy 

10. Rejecting self-limiting thoughts.

Successful people command their thoughts and emotions. As soon as bad thoughts intrude, they cast out anything that challenges their ability to succeed at the task at hand. They do not dwell on negative notions. Their self-talk is positive and not overly critical. They replace bad thoughts with good ones.

Because successful people engage in self-improvement daily and are constantly involved in positive things, they don’t allow themselves time to indulge in negative emotions.

11. Living within means.

Wealthy people avoid overspending. Among many of those struggling financially, some are living above their means. They spend more than they earn, live from paycheck to paycheck and are drowning in credit-card debt. If this is you, resolve today to turn things around for you and your family.

12. Reading daily.

Many successful people read 30 minutes or more every day. Reading can increase your knowledge and know-how. When you read, often  you are seeking to improve yourself. This automatically sets you apart from your counterparts. You will stand out from the competition.

13. Limiting TV watching.

Did you know that many successful  people limit the amount their TV time to one hour or less a day? How much time do you lose in front of the television that you could be spending doing something more productive?

14. Doing more than what’s required.

Successful people regularly go above and beyond the call of duty at work. Even if something is not in their job description, they will volunteer to do it. Wealthy people make themselves invaluable. As an entrepreneur, you may not have a boss. But in what ways do you go above and beyond for your clients? How do you wow them?

Related: Smart Leaders Keep Their Ego in Check and Listen In

15. Talking less and listening more.

When you listen, you learn. And as the adage goes, that’s why people have two ears and one mouth. When you take the time to really pay attention to what another person is saying, it can truly help not only you but your bottom line as well. When you listen, you are in a better position to help others.

16. Not giving up.

Don’t give up when the going gets tough. Successful people hang in there. They pivot. They try something new. They persist. They may have to change their direction, but they keep moving forward.

17. Spending time with like-minded ones.

There’s a saying that goes, “Show me who your friends are and I’ll show you who you are.” I believe that. People are only as successful as those they choose to surround themselves with. Good associations can help you more quickly achieve your goals.

Related: What I Learned From Being a Broke, Unemployed Graduate

18. Finding a mentor.

Many people who have had a mentor have attributed their success to that person. Mentors can help you achieve your goals faster and keep you accountable. They can share valuable experience that can cut your learning time in half.

19. Knowing your why.

When you know why you’re doing something, you will get what you want quicker than if you don’t. Having a purpose is essential to being successful in business and in life. Why do you want to be successful? Why do you really want to be wealthy?

20. Not giving fear the upper hand.

Everyone has fears. Successful people don’t allow their fears to limit or define them. Fear inevitably keeps you in the same position and stunts your growth. Recognize your fears and seek ways to overcome them. Interview someone you admire and ask that person how he or she overcame a fear or pick up an autobiography and take notes.

21. Upgrading skills.

If you want to get ahead, there’s only one way to do it: Become better at something than you are today. What’s the one thing you can focus on for the next 30 days that will catapult you to rock-star status in your industry? Focus your attention on that. I heard John Lee Dumas from Entrepreneur on Fire define “FOCUS” like this: Follow one course until success. Will you?

21 Ways to Achieve Wealth and Success

Related: How Entrepreneurs Can Read to Lead