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Say your affirmation loudly enough for your own ears to hear,
One of the most important distinctions you need to learn to make is between those things in your life that should be constant and unchangeable and the kind of change you should welcome.
The only way to prevent change from utterly dominating your life until you are driven to distraction by the absence of any fixed framework of reference is to make sure that your life does possess a fixed and unchangeable framework of reference.
waving a defiant fist at an uncooperative Deity is a waste of time.
In business, constant innovation along with creative destruction is often the “least bad” of the choices. Whether it is firing employees, pulling the plug on a project, or leaving behind a safety net to try a new field, we must be comfortable with the idea that even positive change will most times have negative components.
Especially when great change is happening in one area, you should try your hardest to focus on familiarity and consistency elsewhere.
The lesson there is to always prepare for change. Expect the unexpected, plan on it, and profit from it.
business success depends on change and on readiness to embrace change. However, and this is a great big, gigantic “however,” one can only feel truly free to embrace change and one will only succeed in dealing with change if one is solidly anchored to a set of almost Cartesian like coordinates that never change.
many of the most successful companies have conducted massive changes and adaptations, while never abandoning their core values.
PROFIT IS A CORE VALUE
“limitless capital raised from investors” does not mean the same thing as “profit from customers.”
Profit is a way to measure how useful a business is. That doesn’t ever change.
There are only three job skills necessary to find and keep an entry level job. First, show up regularly and on time. Second, obey instructions. Third, speak and act respectfully. These are character attributes rather than real work skills, and they can be acquired from parents or from an employer who really cares far more easily than they can be acquired from any “job-training program.”
poverty is more a state of mind than a state of pocket.
“Whatever has been is what will be and whatever has been done is what will be done. There is nothing new beneath the sun.”6
Your chances of success are vastly enhanced if you spend a few moments first actively visualizing the conversation with your prospect culminating triumphantly.
By spending a little preparation time actively anticipating a successful outcome to your efforts, by dwelling on that outcome, and by savoring the success with a smile on your face, you will actually be impacting your body and mind. You will be preparing yourself to bring about the success you crave.
one tends to go where one is looking. Seeing the desirable outcome is one of the most useful aspects of developing an ability to see the future.
Interpret events without emotion. Seeing the future has little to do with native skills or intelligence. Some highly educated individuals are conspicuously unsuccessful at predicting the future. Ego is one enemy of effective futurism. Learn to overcome it, and you are well on the way to seeing the future far more clearly.
Once you have discovered the trend, you must ask yourself whether it has been behaving in this way because nothing has made it behave differently, or is it behaving this way only because something is preventing it from behaving differently.
If you want to attract and acquire more money, then you need to start by understanding it as deeply as you can. Exactly what is money?
Money is a numeric analog for how you run your life and what you have done for others. Money is a metaphor for the strength of your human relationships. Unlike a swamp or a forest, money ceases to exist in the absence of people. Money is a combination of a claim and a promise. Money is intangible. It is only as good as the invisible network of trust that links vast numbers of humans into a loose kind of unity. It is a claim against other people for the goods and services you need, and it is a promise on their part to supply those goods and services to you.
It was not just anyone who could have turned Salomon around. It had to be Warren Buffett—or
Only Nixon can go to China
a claim and a promise are only valuable if one very important feature exists: trust. The entire monetary system exists only because people have faith that the symbol of money that they carry in their wallets, be it in the form of credit card or cash, will be honored when they wish it to be.
Not necessarily. The alternative is a third nin-perishable commodity that all desire (e.g. gold).
What someone is willing to pay for it.
The price of the things you purchase is usually less than the total value you place on those things. Were it not so, why would you go to the trouble of the exchange?
The value number always depends on at least two humans and on what else is happening at that place and at that time.
“Value is not an attribute or physical property possessed by things themselves, irrespective of their relations to men, but solely an aspect of these relations that enables men to take account, in their decisions about the use of such things, of the better opportunities others might have for their use.”7
You only know the value of that thing you own after finding out what other people would give you in exchange for it.
value “is a judgment economizing men make about the importance of goods at their disposal for the maintenance of their lives and well being.”8
although the value of all things depends on their relationships with human beings, those values also depend on place and time.
value could be added not only by catering to human uniqueness, but also by other forms of creative endeavor.
looking at money in an unusual way becomes easier once you are well rooted in the generally accepted perspectives.
Although it is obvious that GAAP rules have their place in the wide scheme of accounting, these rules can also mislead in certain circumstances by forcing one to undervalue real assets.
The value of assets can go up and their values can also go down. It is sometimes hard to figure out the value of an asset because of intangible factors.
using the conventional form of appraisal would mean that virtually every purchase makes one poorer, and the logical approach would be never to purchase anything at all.
You don’t invest, purchase, or even marry on the basis of the world coming to an end.
emotional satisfaction has value, too.
For this reason, goods are often worth even more to the customer than they are to the supplier who sold them in the first place. However, the trading incentive is diminished if the dealer falls in love with her inventory and becomes reluctant to part with it.
The importance of distinguishing between your personal possessions and your trading inventory was emphasized to Jews more than 2,000 years ago when Rabbi Isaac admonished: “A person should always keep his money in three parts; one third in real estate, one-third in merchandise, and one-third in readily available cash.”14
Money helps to create additional wealth by moving from person to person.
Earning one’s living is inextricably bound up with a human’s life and soul. Money is the key.
like love, money is best won by renouncing a need to totally possess. The more fixated people are upon both money and love, the more trouble they seem to have finding them.
Take just one of many studies that highlight human irrationality when it comes to money. A study published in the French Annales d’Economie et de Statistique is called “Are People Willing to Pay to Reduce Other’s Incomes?”5,6 The experiment involved grouping subjects into clusters of four people each, who were all given equal sums of money. The four had to gamble in random, computerized games that were arranged so that two of the four always came out ahead while the other two lost money in each round. Richer or poorer, each subject was then given the opportunity to spend some of his or her
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This is a sad commentary and explains a lot of liberal thinking.
People are suspicious of doing business with desperate people.
The Jewish legal codifier Moses Maimonides ranks various acts of charitable giving. The highest rank is putting the recipient in business for himself, thus making him independent of charity.
It is hard to invest effectively if you absolutely must win every single time.
you have to play each hand as if you do not really need to win but are sure you will win anyway. Then you have to be ready to pick yourself up from any failures and play the hand all over again.
you have to feel that you deserve good things, or else your subconscious might very well sabotage all your best efforts.
