Leverage makes the world go round, so it’s not surprising that it also helps explain how successful entrepreneurs make their money. Some entrepreneurs leverage ideas, like the risk-reward ratio – a cognitive tool that illuminates the true risk of an investment. Others leverage credit.
The typical millionaire isn’t all Hollywood glitz and glamour. Many live well below their means, saving and budgeting money diligently and spending it intelligently. If you consistently adhere to these simple standards, you too could become a millionaire.
Mastering a new skill isn’t about the results you achieve, the recognition you get from your peers or even repetitive practice that helps you get there. Instead, mastery is a path that you can follow to ensure your new endeavors are shaped by ongoing learning, passionate and patient practice and a rediscovery of your own human potential.
These days, it’s not enough for an executive to do the right things; he or she has to be superbly efficient, too. As executives, we must manage this intersection of efficiency and effectiveness carefully to ensure we do the right things right, wasting as little time as possible in the process
In sales it is easy to fall into the Yes Trap. If you serve customers you are granting requests. This translates into taking on many tasks in order to gain rapport and close sales. This kind of mind-set forces you to become an “ideal worker” who becomes a hostage to his or her job
To stop living for others and live for yourself., learn to pinpoint the things in your life that are holding you back and make changes to how you live and think to address these blocks. Importantly, don’t let anyone distract you from doing what you love! Soon enough, you’ll find yourself living a life of which you’ve always dreamed.
