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Showing posts from December 9, 2018

How to Get Ahead in Life and Exit the “Rat Race”

Rule #5 – Death and Taxes We’ve all heard the famous quote by Benjamin Franklin, “In this world nothing can be said to be certain except death and taxes,” but what does it really mean? Well, financially speaking, taxes are going to be one of the single largest investments that you have to make. You must understand tax law and plan your finances accordingly or end up in hot water. Too many people ignore this rule until it’s too late. Don’t fall into this trap. Plan ahead so that you can get ahead. Understand your tax implications, especially if you plan on embarking on new endeavors such as launching your own company, or engaging in some investment. Don’t  procrastinate ! Plan it out! Rule #6 – Add Value to the World To absolutely get ahead in life and exit the rat race you must always be adding value to the world. No matter what it is, wherever you go, whatever you do, however you act, always add value. If you find yourself trying to do the least amount of wo...

How to Get Ahead in Life and Exit the “Rat Race”

Rule #2 – Save your Money The second rule for getting ahead in life, earning financial freedom, and exiting the rat race, is to save at least 10% to 20% of your income. Don’t have 10% to save? Then, that’s when you really need to save money. Start by cutting expenses. How about that $5 per day late habit you have? How about that membership to some Website that you no longer use? How about turning off your cable for a month? There’s always ways to cut expenses and save money. It doesn’t seem like much in the near-term, but if you can save $200 or even $500 per month, over time it adds up. And it’s not just about saving the money itself that matters. It’s about having moment-of-the-opportunity cash lying around. What do I mean? Well, part of what allows us to succeed long term is being able to strike when there’s an opportunity to do so. That’s when moment-of-the-opportunity cash comes into account. If you don’t save your money, you can forget about getting ahead. This is a...

How to Get Ahead in Life and Exit the “Rat Race”

Rules for Getting Ahead (and staying there)… Beyond the traits that we require to embody to get ahead, there are a set of rules that we must follow in order to succeed in life and exit the rat race. These set of rules are what I like to call the “Millionaire Rules,” because it’s the same roadmap instituted by the world’s financially free in governing their everyday lives. Just how many of these rules do you embody and how many of them are you violating? Rule #1:  Always  Make More than you Spend The first cardinal rule for exiting the rat race is to make more money than you spend. Sound simple? Well, you would be surprised at just how many people violate this rule on a monthly and yearly basis. For the most part, people end up falling further behind with each passing month than getting further ahead. In fact, statistics show that the average U.S. household as of 2014 has $15,191 in credit card debt, $154,365 in mortgage debt, and $33,607 in stud...

How to Get Ahead in Life and Exit the “Rat Race”

Trait #4 – Conviction I’ve talked about this trait in countless books that I’ve published including  The Art of Persistence ,  and  How Not to Give Up .  This is such an important trait to embody that it really rests at the core of the successful person. Exiting the rat race, getting ahead in life, becoming financially free, or whatever you want to call it, is hard. In fact, it’s down right excruciatingly difficult. So, you have to be convicted to what you want in life. It has to be a passion that’s burning in your heart. Without the trait of conviction, we can’t persist through all the perils that life throws at us. Without this trait, we would be jumping ship every chance we got, and that’s not the way to get ahead in life. By embodying conviction and finding your source of inspiration, you can see anything through. Nothing will be impossible for the convicted heart; absolutely nothing. Search deep down inside your heart and find something your pass...

How to Get Ahead in Life and Exit the “Rat Race”

Trait #2 – Skills Mastery To exit the rat race and get ahead in life you must commit yourself to mastering a skill, and doing it to the nth degree. In a book called  The Outliers, Malcolm Gladwell talks about the 10,000-hour rule, which  has been harnessed by all of those who have become masters in their trade. He argues that talent isn’t something that we’re born with, it’s something that’s derived from constant practice, learning, and growth. So, if you want to excel in this world and get ahead, commit yourself to mastering a skill, and do it with all of your heart. Take up something that you love and pursue it with a passion. Always be learning and educating yourself because you can never stop growing. If you want to be a master at something, then commit yourself to 10,000 hours and beyond. What you’ll come to find is that whatever it is that you’re peddling will be highly sought after once you cross this threshold. Trait #3 – Communica...

How to Get Ahead in Life and Exit the “Rat Race”

In a book that I published in 2013 entitled,  How to be Happy ,  I spoke about some of the effects of what psychologist Stephen Goldbart coined as  Sudden Wealth Syndrome (SWS).  Sudden Wealth Syndrome is something that afflicts anyone who receives a windfall of cash too soon in their lives. When that money wasn’t earned, its presence is abused. This affects everyone from lottery winners, to inheritors of large sums of cash, lawsuit settlement recipients, and so on. On that same note, in a recent study conducted in 2010 by researches at three universities, which included Vanderbilt University, the University of Kentucky and the University of Pittsburgh, showed that the more money that was won by lottery winners, the more likely a person was to go broke. The researchers split the participants into two groups: (a) those that won $10,000 or less, and (b) those that won $50,000 to $150,000. They concluded that the more money they won, the more likely...

How to Get Ahead in Life and Exit the “Rat Race”

How to Get Ahead in Life and Exit the “Rat Race” Success is not final, failure is not fatal: it is the courage to continue that counts. — Winston Churchill Building a Better Life Getting ahead in life may mean many different things to many different people. However, thanks to the global personification from mainstream media, the general consensus of getting ahead in life relates to monetary gains. We see the portrayal of the “American Dream” everywhere we turn – from radio, to television, and, of course, on the Web. There are constant accounts of immigrants crafting a better life for themselves and achieving financial freedom. But this dream doesn’t just apply to America; this is a global dream. It’s the dream to have a better life, not only financially speaking, but overall in every aspect. And, the reasoning is that, once you have money, everything else will fall into place. Who could possibly have problems when they have an exorbitant amount of cash, right? Who...

How to Get Ahead in Life and Exit the “Rat Race”

Emotions of Power-

THE TEN ACTION SIGNALS             THE TEN EMOTIONS                                                                    OF    POWER 1. DISCOMFORT                                  1. LOVE AND WARMTH 2. FEAR                                                 2. APPRECIATION AND                                                                       GRATITUDE 3. HURT       ...

The Ten Emotions of Power - Contribution

10. CONTRIBUTION. Years ago, I remember being in one of the toughest times in my life, driving down the freeway in the middle of the night. I kept asking, "What do I need to do to turn my life around? Suddenly an insight came to me, accompanied by such intense emotion that I was compelled to pull my car off the road immediately and write down one key phrase in my journal: "The secret to living is giving." There's no richer emotion I know of in life than the sense that who you are as a person, something you've said or done, has added to more than just your own life, that somehow it has enhanced life's experience for someone you care about, or maybe someone you don't even know.  The stories that move me most profoundly are about people who follow the highest spiritual emotion of caring unconditionally and acting for others' benefit. When I saw the musical Les Miserables, I was deeply moved by the character of Jean Valjean, because he was suc...

The Ten Emotions of Power - Vitality

9 VITALITY. Handling this area is critical. If you don't take care of your physical body, it's more difficult to be able to enjoy these emotions. Make sure that physical vitality is available, remember that all emotions are directed through your body. If you're feeling out of sorts emotionally, you need to look at the basics. How are you breathing? When people are stressed, they stop breathing, sapping their vitality. Learning to breathe properly is the most important avenue towards good health. Another critical element to physical vitality is ensuring that you have an abundant level of nerve energy.      How do you do this? Realize that day to day you're expending nerve energy through your actions, and as obvious as it sounds, you do need to make sure that you rest and recharge. By the way, how much sleep are you getting? If you're regularly loging eight to ten hours of sack time, you're probably getting too much sleep. Six to seven hours has been found...

The Ten Emotions of Power - Cheerfulness

8.CHEERFULNESS. There's a big difference between being happy on the inside, and being outwardly cheerful.Cheerfulness enhances your self-esteem,makes life more fun, and makes people around you feel happier as well.Cheerfulness has the power to eliminate the feelings of fear, hurt, anger, frustration, disappointment, depression, guilt,and inadequacy from your life.You've achieved cheerfulness the day you realize that no matter what 's happening around you,being other than cheerful  will not make it better. Being cheerful does not mean that you're Pollyanna or that you look at the world  through rose-colored glasses and refuse to acknowledge challenges. Being cheerful means that you're incredibly intelligent because you know that if  you live life in a state of pleasure- one that's so intense that you transmit a sense of joy to those around you- you can have the impact to meet virtually any challenge that comes your way. Cultivate cheerfulness, and you wo...

The ten emotions of Power - Flexibility And Confidence

6. FLEXIBILITY. If there's one seed to plant that will guarantee success, it's the ability to change your approach. In fact, all those Action Signals- those things you used to call negative emotions - are just messages to be more flexible! Choosing to be flexible is choosing to be happy. Through-out your life there will be times when there are things you will not be able to control, and your ability to be flexible in your rules, the meaning you attach to things, and your actions will determine your long-term success or failure, not to mention your level of personal joy. The reed that bends will survive the windstorm, while the mighty oak tree will crack. If you cultivate all of the above emotions, then you'll surely develop.. 7. CONFIDENCE. Unshakable confidence is the sense of certainty we all want. The only way you can consistently experience confidencce, even in environments and situations you've never previously encountered, is through the power of faith. Im...