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#Leadership : 5 MindSets that have Helped Successful People Bounce Back from Failure…Success often Results after Several MisFires. We make Many Mistakes Along our Personal & Professional Journeys. If we Learn from our Mistakes, Life Does make Allowances. However, If we Wallow in our Mistakes, they Can Consume Us.

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Who doesn’t love chocolate? And we all know Hershey’s — but perhaps we don’t all know the story of the famous chocolate company’s founder, Milton Hershey. Milton Hershey was a ‘nobody’ who, according to Biography, became the American manufacturer and philanthropist who founded the Hershey Chocolate Company and popularized chocolate candy throughout much of the world.

Free- Barbed Wire

He started three separate candy ventures before he found success. None of them worked out the way he’d hoped, but eventually he started the Hershey Chocolate Company, which made him an industry leader.

Success often results after several misfires. We make many mistakes along our personal and professional journeys. If we learn from our mistakes, life does make allowances. However, if we wallow in our mistakes, they can consume us.

Using Hershey’s life story, allow me to share five mindsets that help people bounce back from failure — something I know well from my own journey.

1. Nothing is constant

“When you go through a hard period / When everything seems to oppose you … When you feel you cannot even bear one more minute / NEVER GIVE UP! Because it is the time and place that the course will divert!” — Rumi

Milton Hershey dropped out of school at the age of 14 and began apprenticing with a master confectioner in Lancaster, Pennsylvania. Four years later, he borrowed $150 from his aunt and set up his own candy shop in the heart of Philadelphia.

After five long years of hard work with little success, he had to close up shop. He joined his father in Denver and found work with a confectioner. It was in Denver where he discovered caramel and how fresh milk could be used to make delicious candy.

Just because you haven’t found a way of doing something yet, it doesn’t mean that you are a failure. When you view yourself as a failure, you perpetuate a vicious circle of negativity that can effect your future actions.

In any outcome, there is often a percentage of external influence. Viewing failure as a temporary event helps us take practical and non-emotional steps to address it.

 

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2. It’s disappointing, but I’ll take it on the chin

“The gem cannot be polished without friction, nor man perfected without trials.” — Chinese Proverb

Even though you are able to acknowledge that you are not a failure, it doesn’t make failure any less painful. Resilient people develop a mental capacity that allows them to adapt with ease during adversity, bending like the green reed instead of breaking like the mighty oak. They accept, adapt, and move on.

Entrepreneur Milton Hershey started all over again, first in Chicago and later in New York City. He failed in both cases, but his setbacks never held him back.

In 1883, he started the Lancaster Caramel Company in Lancaster, Pennsylvania, convinced he could build a successful candy company. Soon he had a thriving business shipping his caramels all over the country.

When we have the confidence and the experience of bouncing back from failure, taking on future challenges does not seem so daunting. It is about deciding to put oneself on the obstacle course in the hope of success.

3. What can I learn from this?

“To change and to change for the better are two different things.” — German Proverb

We should never start anything without the belief that we can be successful, but it is commonly understood that mistakes are an essential part of any journey to eventual success. Learning does not come from doing everything perfectly — the best learning happens when we crash and burn.

In 1893, Milton Hershey got an up-close look at the art of chocolate making at the World’s Columbian Exposition in Chicago. This deeply inspired him to start Hershey Chocolate Company despite his recent success with his caramel business.

He wanted to redefine how milk chocolate was made. Milk chocolate was then largely considered a Swiss expertise. Hershey wanted to find a new formula to mass-produce milk chocolate candy accessible for the masses.

Milton Hershey sold his Lancaster Caramel Company for $1 million in 1900 to start Hershey Chocolate Company.

In 1905, Hershey Chocolate Company began production and set a new course for the candy industry. Milton Hershey took over three years to envision and plan his modern candy-making facility following his exit from Lancaster Caramel Company.

As Biography writes, “quickly, the Hershey Chocolate Company’s success far exceeded that of its founder’s previous venture. His winning ideas included the Hershey Kiss in 1907, which the company’s founder named himself. The trademark foil wrapper was added in 1924”.

4. If people criticize, that’s OK

“Criticism is just someone else’s opinion. Even people who are experts in their fields are sometimes wrong. It is up to you to choose whether to believe some of it, none of it, or all of it. What you think is what counts.” ― Rodolfo Costa, “Advice My Parents Gave Me: and Other Lessons I Learned from My Mistakes”

The greatest fear when we make a mistake is that others will judge us negatively. Others often use criticism out of their own insecurity. It says more about them than it does about us.

Take a look at this NY Times article critiquing Hershey and his chocolate:

“Hershey’s candy making genius was hardly consistent. He spent years trying to figure out how to ‘mix turnips, parsley, celery and even beets into chocolate.’ Even his signature product had — and still has — its critics. Compared to Swiss chocolate … Hershey’s ‘carries a single, faintly sour note,’ the result of the fermentation of milk fat, a side effect of using liquid condensed milk rather than powdered milk. This edge came to ‘define the taste of chocolate for Americans, who would find harmony in the sweet but slightly sour flavor.’ Like his candy, Hershey, who died in 1945, was flawed.”

The harshest critics are often those without the courage to put themselves in the firing line — often living their lives gloating at the mistakes of others to raise their own self-esteem.

When we take on a difficult task, we have to ensure that we are doing it for ourselves, not for the approval of anyone else. In that case, failure is far easier to deal with.

5. OK, what’s next?

“The first step toward change is awareness. The second step is acceptance. The third step is action.” – Nathaniel Branden

The biggest threat of any mistake is not the immediate ramifications, but the longer-term effects on our behavior. If we take a mistake to heart (especially when we could not have done anything to influence the outcome), being able to take the next step seems that much harder.

Why dwell on failure when it is in the past? If we don’t take a positive next step, we risk being caught in an emotional loop of failure. Start the next project to occupy your mind. Don’t just sit in your room waiting for the world to swallow you up. Perhaps that’s the biggest lesson from Hershey’s story.

Serial entrepreneur and author Faisal Hoque is the founder of SHADOKA and other companies. Shadoka enables entrepreneurship, growth, and social impact. He is the author of “Everything Connects: How to Transform and Lead in the Age of Creativity, Innovation and Sustainability” and “Survive to Thrive: 27 Practices of Resilient Entrepreneurs, Innovators, and Leaders“. Copyright (c) 2016 by Faisal Hoque. All rights reserved. Follow him on Twitter@faisal_hoque.

 

Businessinsider.com | May 24, 2016 | Faisal Hoque, Contributor 

#Leadership : 10 Ways to Set Yourself Up for Success Before 9 A.M. …… You Certainly Don’t Need to Adopt All these Habits Right Away — Instead, you Should Figure Out Which of These Routines Work for You & Get you Psyched to Seize the Day Ahead.

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You might think the day doesn’treally start until you get to the office and your boss starts pestering you about some new assignment.  But the truth is that the way you spend every moment, starting from the second you open your eyes, matters a lot. In fact, there are plenty of easy early-morning habits that can set the tone for a productive, enjoyable rest of the day.

Free- Man reaching to Sun Rise

Here we have rounded up 10 ways to start off the day on the right foot.

You certainly don’t need to adopt all these habits right away — instead, you should figure out which of these routines work for you and get you psyched to seize the day ahead.

1. Wake up early

Read about the morning routine of any successful figure, and you’ll probably learn that the person wakes up with — or before — the sun.

In fact, when time-management expert Laura Vanderkam polled 20 executives, she found that 90% woke up before 6 a.m. on weekdays. Ouch.

Even if you’re not a C-suite exec, getting an early start could help you advance in your career.Recent research suggests that employees who get into the office early are perceived by their bosses as better performers than those who get in late — even if the early arrivers leave early, too.

 

2. Stretch out

If your impulse when your alarm goes off is to curl up into a ball and hope it stops beeping, you’d be wise to change your routine.

According to Harvard psychologist Amy Cuddy, the first thing you should do when you wake up is stretch your body as wide as possible. Cuddy suggests that your body influences your mind, so making yourself physically big could potentially make you feel more powerful, more confident, and happier for the rest of the day.

 

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3. Make your bed

Why make your bed if you’re just going to mess it up when you sleep in it later?

In his book “The Power of Habit,” journalist Charles Duhigg explains that making your bed is a “keystone habit” that can spark healthful, productive behaviors the rest of the day. In fact, Duhigg writes, people who consistently make their beds tend to have “a greater sense of well-being and stronger skills at sticking with a budget.”

Plus, it takes only a minute or two.

 

4. Meditate

Celebrities from NBA star Kobe Bryant to actor Jerry Seinfeld get up early to clear their minds through meditation.

As Buddhist teacher Ethan Nichtern writes in “The Road Home,” meditating in the morning can help you stay focused for the rest of the day.

“We get up freaking out about our day, so it’s a great way to settle the mind and gain perspective,” Nichtern says.

Nichtern recommends a four-step process for those learning to meditate:

1. Take your seat. Find a clear, comfortable, and quiet place where you can stay focused and alert.
2. Check in. Take about 30 seconds to think about what’s on your mind and just let it all sink in.
3. Mindfulness of breath. Don’t treat it as a breathing exercise, but use peaceful and deep breaths as the anchor to your meditation.
4. Awareness of thoughts. Focus on your thoughts, and when your mind gets lost, be sure to bring it back.

 

5. Journal

Tim Ferriss, investor and author of books including “The 4-Hour Workweek,” is one of many successful people who spend each morning jotting down their thoughts and emotions.

Ferriss says that it’s the process of writing, as opposed to the final product, that he finds helpful. Most important, it gets ideas and conflicts out of your head so they won’t distract you throughout the rest of the workday.

 

6. Exercise

For some of us, the thought of putting on pants before 9 a.m. is awful. The thought of bicycling before 9? Positively nightmarish.

And yet research suggests exercising in the morning can help us stay focused and productive. A 2013 study found that after 15 minutes of cycling, participants performed better on cognitive tasks than those who didn’t exercise.

Plus, you’ll be able to check exercise off your to-do list before personal and professional conflicts get in the way later in the day.

 

7. Eat breakfast

Business Insider’s Rachel Gillett spoke with registered dietitian Lisa DeFazio, who told her that your first meal of the day jump-starts your metabolism and replenishes blood-sugar levels so you can focus and be productive for the rest of the day. Otherwise, you could feel irritable and have a hard time concentrating.

DeFazio recommended some easy breakfasts that are perfect for the workday, including fiber-filled oatmeal and protein-packed smoothies.

 

8. Visualize your day

In his second book, “Smarter Faster Better,” Duhigg suggests telling yourself stories about how the day will unfold.

He writes about researchers at MIT who studied the most productive people at a recruiting firm and found that they were “obsessive, in fact, about trying to explain the world to themselves and their colleagues as they went about their days.” For example, they might ask colleagues to help them imagine how a future conversation or a pitch meeting might go, so they were more prepared when the events actually happened.

Duhigg recommends making a habit of this strategy by spending your morning commute telling yourself a detailed story about the rest of the day.

 

9. Conduct a planning session

Resist the urge to dive headfirst into your inbox and start your day instead with what psychologist Ron Friedman calls a “planning session.”

Writing in The Harvard Business Review, Friedman suggests asking yourself this question: “The day is over and I am leaving the office with a tremendous sense of accomplishment. What have I achieved?”

Friedman says you’ll want to break each goal into a series of specific action items and then prioritize the most important.

That way, you’ll know exactly what you need to accomplish for the next few hours — and how to get there.

 

10. Do your most important work

Psychologists recently identified a phenomenon called “decision fatigue,” which explains why it’s helpful to do your most cognitively demanding work first thing in the morning.

Essentially, we have a limited supply of mental energy, and as we exhaust that energy by deciding what to wear and whether to have a salad or sandwich for lunch we have less left over for the important stuff, like drafting a project report.

It’s worth noting that the concept of decision fatigue may be more nuanced than we once believed. If you think your willpower is limited, than you’re likely to feel mentally exhausted at the end of the day. But if you think your willpower is limitless, you may feel ready to tackle any challenge that comes your way.

Businessinsider.com | May 4, 2016 | Shana Lebowitz

#Strategy : This Is What Happens To Your Brain When You Fail (And How To Fix It)…Failure is Inevitable. How we Move Forward from Failure Determines whether Failure becomes a Biologically Ingrained Habit or a Spotty Memory. What Will you Choose?

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Four months after graduating college among the top of my class, I failed. Imoved to Vancouver to be with my boyfriend and travel somewhere. I tried to be Lululemon’s Senior Director of Marketing, but somehow that didn’t work out. So I wound up a legal secretary—a job that was, for me, unfulfilling and unrelated to my passions.

Free- Pull Tab on Can

It got worse. I scrambled to sidestep my situation and applied to several top tier PhD programs. I didn’t get in to any. I’d been so promising.

After nine months in Canada, I moved back home and flunked my seven-year relationship.

Nietzsche claimed—now a cliché—that what doesn’t kill you makes you stronger. And that year did yield some good: if I hadn’t experienced it, I couldn’t empathize with my millennial readers; I might not have even begun writing for them. But overall it was a failure on all fronts. My soggy year in Vancouver was the embodiment of when it rains, it pours.

I’ve since learned I wasn’t alone. In fact, not only is this kind of failure spiral common, it’s biological.

When animals, be them tadpole or human, win at something, their brains release testosterone and dopamine. With time and repetition, this signal morphs the brain’s structure and chemical configuration to make successful animals smarter, better trained, more confident and more likely to succeed in the future. Biologists call it the Winner Effect.

The not-yet-named Loser Effect is equally cyclical: contrary to Nietzsche’s adage, what doesn’t kill you often makes you weaker. In one study, monkeys who made a mistake in a trial—even after mastering the task on par with other monkeys—later performed worse than monkeys who made no mistakes. “In other words,” explains Scientific American, they were “thrown off by mistakes instead of learning from them.” Some research similarly suggests that failure can impede concentration, thereby sabotaging future performance. Students arbitrarily told they failed compared to their peers later displayed worse reading comprehension.

Finally, when we fail once, we’re more likely to fail again at the same goal—and sometimes more catastrophically. In one study, dieters fed pizza and convinced they’d “ruined” their daily diet goal ate 50% more cookies immediately afterward than those not on diets at all. When we fall short of our goals once, our brains say “Abandon ship!”

This spiral explains why one failure can seem to set many others in motion. Unfortunately, we often do exactly the wrong things after failing, thereby perpetuating our failure . The next time you fall short of your expectations, refrain from these three instinctual reactions to preserve your progress:

  1. Don’t dwell on it.

We’re told to learn from our failures, so we fixate on them. But multiplestudies show that worry, anxiety and focusing on failure are primary sources of impaired performance. Internalizing failure makes us less effective problem solvers, according to neurologist Judy Willis:

As you internalize your thwarted efforts to achieve your goals and interpret them as personal failure, your self-doubt and stress activate and strengthen your brain’s involuntary, reactive neural networks. As these circuits become the automatic go-to networks, the brain is less successful in problem-solving and emotional control.

Long term, stress can literally “kill brain cells” and “erode higher-brain networks, inhibiting you from succeeding,” writes Don Goewey, author of The End of Stress, 4 Steps to Rewire Your Brain.

Instead, reframe and reimagine your failure: Research suggests you can “edit out” previous failures by visualizing them getting smaller and dimmer or infusing your memories of them with funny or improbable details. Each time we recall something, we change our memory of it. By associating your failure with something less weighty, you may dull its detriment on your brain and improve subsequent performance.

In short, resist dwelling on your failure once you’ve extracted the necessary lessons. Choose optimism: research shows that when people work with positive mindsets, performance in nearly every aspect improves. Happiness researcher Shawn Achor explains, “I could focus on the one failure in front of me, or spend my brain’s resources processing the two new doors of opportunity that have opened. One reality leads to paralysis, the other to positive change.”

 

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  1. Don’t wing it.

When we fail, sometimes we’re tempted–and even encouraged—to say, “Screw it!” We blindly pursue a new path, determined to succeed but directionless. This attitude echoes “Take the leap!”, a mantra to overcome fear of failure. But, in fact, the most successful people plan for failure. This doesn’t mean they planto fail; it means they carefully plot and predict the results of their goals. They have backups in the event of failure. Without a plan, our brains typicallychoose the path of least resistance and the easiest possible outcomes–which often oppose our long-term goals.

Instead, set highly specific, far-reaching goals: A comprehensivereview revealed that, in 90% of studies, specific and challenging goals resulted in higher performance than did easy, imprecise goals. One study found that even defining “where” and “when” parameters of a task increases one’s likelihood of completing it.

Research furthermore indicates that planning for failures (e.g. “in the case of an emergency…”) helps people stay on task when challenged. One way to build a backup plan into your goals is by anticipating your future self not wanting to fulfill them due to procrastination, laziness, lack of self-control or any combination of self-sabotaging behaviors. Author Kevin Kruse explains, “Our future self is the enemy of our best self.” For example, if I wanted to write for two hours every morning before getting sucked into emails, Twitter, etc., I could disconnect my computer from wifi the night before. Then, my tomorrow self won’t be distracted by a million notifications the moment I open my computer.

  1. Don’t threaten yourself

After experiencing failure, we never want to fail again—particularly at the thing we failed at. As a result, we sometimes set subconscious goals like, “Do this right, or you’ll end up like last time.” This is what psychologists call “avoidance” or “prevention” motivation. But research shows that avoidance motivation tends to induce anxiety from fear of the potential negative outcome, which consequently impairs performance. This connection explains why athletes motivated by avoidance are more likely to choke under pressure.

nstead, set positive goals and celebrate small progress: More effective than avoidance is its opposite: “approach” or “promotion” motivation. When you’re determined to do something, remember that we’re more motivated by positive, specific goals than by vague threatening ones (e.g. “I want to write a bestselling book that gives millennials a new sense of urgency and personal power in their careers” not “I want to make a name for myself so I won’t die unacknowledged”).

Recognizing your progress, however small, does two things: first, it extends the enjoyment of our achievement and, secondly, it increases our motivation. Our brains accelerate as we perceive success to be closer; rats run faster at the end of the maze, and marathoners speed up after 26.1 miles in “the X-spot.” One study calls this the “goal looms larger” effect: as we move closer to our goals, both motivation and performance surge. Measuring and celebrating our progress can help us capitalize on this acceleration.

Failure is inevitable. How we move forward from failure determines whether failure becomes a biologically ingrained habit or a spotty memory. What will you choose?

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Businessinsider.com | April 7, 2016 | Caroline Beaton

#Leadership : Why You Need to Stop Thinking That Geniuses Never Fail….Every Successful Person is Someone Who has Failed Before. The Difference is That they Refuse to Regard their Failure as Fatalistic.

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Mozart, Vincent Van Gogh, Thomas Edison, Albert Einstein, Steve Jobs, Elon Musk, Bill Gates–all failed, and failed many times.  But these geniuses are great leaders that all have one thing in common: They did not allow failure to keep them down.

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What does it take to hold on to your genius through failures and disasters?

1. Find your passion. Passion will move you beyond yourself, beyond your shortcomings, your mistakes, and your failures. To succeed you have to believe in something with such passion that it becomes an unstoppable reality. At the core of every success is the belief born of passion.

2. Purposefully persevere. Success requires fearlessly facing storms, mistakes, and failures, and staying the course with perseverance. As Winston Churchill said, “If you are going through hell, keep going.” Perseverance is stubbornness with a purpose, and many of the great accomplishments of our time were achieved by tired and discouraged people who kept on working.

 

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3. Tap into your potential. Potential becomes meaningful only when you do something with it, but sometimes our obsession with instant gratification blinds us to the long-term nature of that process. Continuous effort over time unlocks your potential, and strengthens you at the same time.

4. Transpire humility. Don’t be too proud of what you’ve attained–at the end of the day, success is measured not so much by the position you reach as by the failures and obstacles you overcome. It’s when the world has pushed you to your knees that you’re in the perfect position to get up and succeed.

5. Connect with people. Even if they work independently, no genius ever becomes successful on their own. At some point, someone brought them help, inspiration, or strength. Whether it’s for a moment, a day, or a lifetime, the people who come into your life can teach you, help you, and influence you. We need people who can help us get up when we fall and show us the way out when we fail. And when they come along, we need to accept their assistance.

6. Purge old bad patterns. We all have patterns in our lives–some positive, some destructive. Most start slowly and develop so gradually that they can be hard to perceive. It’s important to grow in awareness so you can recognize unhelpful patterns and replace them with new ones that feed your success. As Aristotle said, we are what we repeatedly do. Excellence, then, is not an act but a habit.

7. Power yourself with positivity. We all make mistakes; we all have struggles; we have all had failures and regrets. But we find power when we choose not to be defined by those things. Make sure who you are and what you do come from the power of positivity. Our mind is a powerful thing, and when we fill it with positive thoughts our lives start to change for the positive.

We can’t escape failure or run away from our mistakes, but we always have a choice. It is the right mindset that will give us the passion, the perseverance, the people, the potential, the humility, the connection, the new patterns, and the position for us to succeed.  If you expect the best, you will be the best. It really is that simple.

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The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.
PUBLISHED ON: MAR 29, 2016
Editor’s note: “The First 90 Days” is a series about how to make 2016 a year of breakout growth for your business. Let us know how you’re making the first 90 days count by joining the conversation on social media with the hashtag #Inc90Days.​
In.com |

BY LOLLY DASKAL

President and CEO, Lead From Within

Your #Career : 5 Things I Wish I Knew About My Career When I Was 25…. 5 Things I Wish Someone Would have Told me About my #Career When I was 25.

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Ten years ago I was 25 and just finishing graduate school. At the time I was working in mid-management for a state government agency.  But, like many young professionals today, I was unhappy. I had what I considered a relatively substantial student loan (which is dwarfed by the average student debt young professionals currently face), and a job I didn’t exactly love.

Free- Couple resting on top of Mountain

 

Looking back I can see how fortunate I was to have things so many people lack.

However, at the time I wanted to do big things and start changing the world, and that wasn’t happening the way I hoped it would.

Ten years later, if I could go back this is what I would tell myself:

1. This too shall pass.

Bad times come and bad times go. Good times come and good times go. It’s common knowledge not to let the bad times drag you too far down, but it’s important to not let the good times pull you too far up, either.

Learn to value the people and relationships that consistently bring you contentment, rather than having your perception dictated by the fleeting victories and losses we all experience.

 

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2. Play the long game.

If you’re in your mid-twenties you still have at least four decades left in your career. If, like me, you are in your mid-thirties you still have at least three decades left in your career. Make sure you are playing the long game.

Envision where you want to be at the end of your career and make a (flexible) plan working backward from that end goal.

3.    Don’t wait for your company to invest in you. Invest in yourself.

One of the biggest mistakes I see people of all ages make is believing that professional development and training is solely the responsibility of your employer. You need to invest in your own development. Knowledge is portable, belongs to you, and will move with you throughout the many job and career changes you are likely to have.

Use resources like Coursera and EdX to get better, smarter, and faster – for free.

Whatever you do, don’t wait for someone else to invest you.

4. Your network matters.

The people you know will open doors for you that your resume – no matter how glowing – will never be able to open. Building that type of network requires investing in the success of others before they ever invest in you. Successful networking is notcollecting business cards or LinkedIn connections in order to build an email list.

Successful networking is sitting down and getting to know other people with the purpose of building a real, mutually beneficial relationship.

5.    You are owed nothing.

When I was 25 and finished grad school I thought I would finally get the career opportunity that I was looking for. I would finally do something that excited me.

Three years later, after many, many failed job interviews I got that opportunity.

A year ago, after building a large following on LinkedIn and starting my business, I thought clients would come rushing in the door, and getting clients would be easy.

Getting clients is never easy – but that’s okay.

Nothing is ever easy, and you have to work for it every day. That was true for me at 25, 35, and I assume it will be true at 55.

It will be true for you, too.

The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.
PUBLISHED ON: MAR 18, 2016
BY DUSTIN MCKISSEN

Founder and CEO, McKissen + Company

#Leadership : The 25 Best Leadership & Success Books to Read in your Lifetime, According to Amazon…We’ve Highlighted the Top 25 below, including Books by Psychologists, Economists, & Competitive Athletes. Each One Offers a Unique Look at What it Means to be Truly Successful & How you Can Achieve your Gull Potential.

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This week, Amazon’s editors selected their 100 favorite books on leadership and success.

Free- Women Reading a Book

We’ve highlighted the top 25 below, including books by psychologists, economists, and competitive athletes. Each one offers a unique look at what it means to be truly successful and how you can achieve your full potential.

Read on and start stocking your shelves with inspiration.

25. ‘Getting to Yes’ by Roger Fisher, William Ury, and Bruce Patton

25. 'Getting to Yes' by Roger Fisher, William Ury, and Bruce Patton

Amazon

Based on the work of the Harvard Negotiation Project, this 1981 best-selling business book — the second edition was released in 1991 — offers strategies for dealing with personal and professional conflicts. Those include separating the people from the problem and focusing on interests, not positions.

Find it here »

 

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24. ‘Getting Things Done’ by David Allen

24. 'Getting Things Done' by David Allen

Amazon

Thirteen years after its first publication, productivity guru Allen released the second edition of “Getting Things Done.”

The book teaches readers the basics of time management at work and at home. The idea is to come up with an organizing system for daily to-dos so you free up mental space for focusing on big-picture goals.

Case in point: the “two-minute rule” to keep an overflowing inbox under control.

Find it here »

 

23. ‘Getting More’ by Stuart Diamond

23. 'Getting More' by Stuart Diamond

Amazon

In this best-seller, Diamond turns traditional negotiation strategies on their head, instead suggesting that it’s important to value your partner’s emotions and perceptions.

As Diamond wrote on Business Insider:

The more important the negotiation is, the more emotional people tend to be — whether diplomacy, a billion-dollar deal or my kid wants an ice cream cone. Pay attention to this! The world is not rational.

The book is based on Diamond’s course at Wharton Business School, and Google has even used it in its employee training.

Find it here »

22. ‘Freakonomics’ by Steven D. Levitt and Stephen J. Dubner

22. 'Freakonomics' by Steven D. Levitt and Stephen J. Dubner

Amazon

Levitt, an economist, and Dubner, a New York Times journalist, make economics accessible by showing how it applies to pretty much every issue, from cheating to parenting.

Soon after publishing the book, the authors started a blog and then a podcast by the same name, both now popular.

Find it here

 

21. ‘Flying Without a Net’ by Thomas J. DeLong

21. 'Flying Without a Net' by Thomas J. DeLong

Amazon

DeLong, a Harvard Business School professor and a former Morgan Stanley executive, wrote this book to help other high-need-for-achievement professionals like him overcome their anxieties and live life to the fullest.

The book helps readers confront their deepest fears and gives them a series of practical tools for dealing with them.

Find it here »

20. ‘Flow’ by Mihaly Csikszentmihalyi

20. 'Flow' by Mihaly Csikszentmihalyi

Amazon

“Flow,” according to positive psychologist Csikszentmihalyi, is the state of getting so absorbed in your work that it flows effortlessly and you don’t pay attention to things like time passing or hunger. You might call it being “in the zone.”

Your success depends largely on your ability to achieve this state, the author argues.

“It is the full involvement of flow, rather thanhappiness, that makes for excellence in life,” he wrote on Psychology Today.

Find it here »

 

19. ‘First, Break all the Rules’ by Marcus Buckingham and Curt Coffman

19. 'First, Break all the Rules' by Marcus Buckingham and Curt Coffman

Amazon

Facebook’s HR chief, Lori Goler, told Business Insider that this book heavily influenced her management philosophy. After reading it, she worked to turn Facebook into a “strengths-based” organization.

According to the authors, two Gallup analysts, the keys to great management include focusing on strengths and finding the right fit for each employee. That way, people get to develop what they’re already skilled at.

Find it here »

18. ‘Find a Way’ by Diana Nyad

18. 'Find a Way' by Diana Nyad

Amazon

In 2013, Nyad became the first person to swim from Cuba to Florida without a shark cage, at 64.

In “Find a Way,” she describes the experiences leading up to this achievement — including failing the Cuba Swim 30 years earlier — and explains how she developed the perseverance necessary to become an American hero.

Find it here »

 

17. ‘Execution’ by Larry Bossidy and Ram Charan

17. 'Execution' by Larry Bossidy and Ram Charan

Amazon

In 1998, Bossidy was named CEO of the year by Chief Executive magazine for his leadership of AlliedSignal.

In 2002, he partnered with business consultant Ram Charan to write a book about his own experience leading a company to greatness, mainly by hiring the right people.

“If you want to be a CEO — or if you are a CEO and want to keep your job — read ‘Execution’ and put its principles to work,” said Michael Dell, CEO of Dell Computer Corp.

Find it here »

16. ‘Essentialism’ by Greg McKeown

16. 'Essentialism' by Greg McKeown

Amazon

“Essentialism,” according to McKeown, is about doing fewer things better. The book helps readers figure out which personal and professional pursuits are worth their time and eliminate the rest.

The book isn’t just geared toward business leaders, either. As McKeown told NPR, it’s “for people who feel that they don’t have the power to push back and so they’ve given up the right to negotiate non-essentials. And as soon as you give up that right then you lose a lot of power.”

Find it here »

 

15. ‘Emotional Intelligence’ by Daniel Goleman

15. 'Emotional Intelligence' by Daniel Goleman

Amazon

In this now classic book, Goleman, a psychologist, suggests that IQ isn’t all that matters for success. In fact, it might not matter nearly as much as your ability to manage your own and other people’s emotions.

Fortunately, this trait can be learned, and Goleman outlines the five core components of emotional intelligence so that readers can start developing it.

Find it here »

14. ‘Elon Musk’ by Ashlee Vance

14. 'Elon Musk' by Ashlee Vance

Amazon

This biography of one of the greatest tech entrepreneurs of our time outlines Musk’s rise to success.

Readers gain insight into Musk’s personality, his leadership style, and the big ideas that have always inspired him.

Find it here »

 

13. ‘Eat That Frog!’ by Brian Tracy

13. 'Eat That Frog!' by Brian Tracy

Amazon

The title of this book comes from Mark Twain’s classic quotation: “Eat a live frog first thing in the morning and nothing worse will happen to you the rest of the day.” In other words, do your hardest task first, when you have sufficient energy and attention, instead of wasting time on easier stuff.

That’s just one of 21 practical strategies for overcoming procrastination that Tracy offers, from writing everything down on paper to obeying the law of “forced efficiency.”

Find it here »

12. ‘Drive’ by Daniel H. Pink

12. 'Drive' by Daniel H. Pink

Amazon

Pink is the author of a number of popular business books, and in this 2009 best-seller, he takes issue with the idea that you can motivate people with incentives alone.

Instead, Pink proposes that everyone needs to achieve a sense of autonomy, mastery, and purpose before they can do great work.

Find it here »

 

11. ‘Do Over’ by Jon Acuff

11. 'Do Over' by Jon Acuff

Amazon

Acuff wants to help prepare readers for an unexpected turn in their careers — whether that means losing a job or being presented with a great new opportunity.

Drawing on his own 16 years of experience in corporate America, he advocates for creating what he calls a “career savings account.” That’s where you stash all the skills and experiences you’ve accumulated in the categories of relationships, skills, character, and “hustle.”

Find it here »

10. ‘Crush It!’ by Gary Vaynerchuk

10. 'Crush It!' by Gary Vaynerchuk

Amazon

Vaynerchuk, an entrepreneur and a tech investor, writes that there’s no better time to pursue your passion and start your business than right now.

By working hard and learning all you can, you can use the digital tools available to you to build a hugely successful brand.

Find it here »

 

9. ‘Choose Yourself’ by James Altucher

9. 'Choose Yourself' by James Altucher

Amazon

It’s a new world, Altucher says, and traditional routes to success won’t work.

“The only way we can thrive as entrepreneurs, artists, innovators, or whatever we want to do to live successful lives is to choose ourselves for that success,”Altucher told Business Insider in 2013. “No longer can we rely on the old paradigms (‘school’, ‘corporations’, ‘government,’ etc.) to provide the safety and success we deserve.”

Altucher shares his own entrepreneurial journey and those of others as inspiration to forge your personal path to success.

Find it here »

8. ‘Chicken Soup for the Soul’ by Jack Canfield, Mark Victor Hansen, and Amy Newmark

8. 'Chicken Soup for the Soul' by Jack Canfield, Mark Victor Hansen, and Amy Newmark

Amazon

In 2013, “Chicken Soup for the Soul” celebrated its 20th anniversary of warming people’s hearts with 20 additional inspirational stories.

Readers learn about love, parenting, and pursuing their dreams from real people who have lived through the same struggles they have.

Find it here »

 

7. ‘Change Your Brain, Change Your Life’ by Daniel G. Amen

7. 'Change Your Brain, Change Your Life' by Daniel G. Amen

Amazon

Neuropsychiatrist Daniel Amen offers simple “brain prescriptions” for overcoming a number of psychological and emotional hurdles, including anxiety and anger. There are writing exercises, breathing exercises, and even brain-friendly dietary guidelines.

These solutions are juxtaposed with Ames’ discussion of fascinating research findings on the connection between your brain, feelings, and behavior.

Find it here »

6. ‘Business Adventures’ by John Brooks

6. 'Business Adventures' by John Brooks

Amazon

This 1969 collection of articles by New Yorker writer John Brooks is one of Bill Gates’ favorite books, originally recommended by Warren Buffett.

Gates writes:

Brooks’s work is a great reminder that the rules for running a strong business and creating value haven’t changed. For one thing, there’s an essential human factor in every business endeavor. It doesn’t matter if you have a perfect product, production plan and marketing pitch; you’ll still need the right people to lead and implement those plans.

Business Insider rounded up seven lessonsfrom the book, including the importance of corporate culture and learning from failure.

Find it here »

 

5. ‘Big Magic’ by Elizabeth Gilbert

5. 'Big Magic' by Elizabeth Gilbert

Amazon

Gilbert, author of the best-selling book “Eat, Pray, Love,” wants to help readers overcome their fears and channel their creative potential, just like she did.

Each of the book’s six sections — on courage, enchantment, permission, persistence, trust, and divinity — includes tips and strategies for finding inspiration and cultivating curiosity in your daily life.

Find it here »

4. ‘Awaken the Giant Within’ by Tony Robbins

4. 'Awaken the Giant Within' by Tony Robbins

Amazon

This 1992 best-seller by one of the world’s most well-known motivational speakers offers practical strategies for finding and pursuing your passions.

As one reader on Goodreads put it: “This book will make you rich, but rich in mind, body, [fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][and] spirit, and material wealth will follow if that is your desire.”

Find it here »

 

3. ‘Andrew Carnegie’ by David Nasaw

3. 'Andrew Carnegie' by David Nasaw

Amazon

Nasaw’s rags-to-riches tale outlines how a poor Scottish immigrant became the wealthiest man in the US after helping to build the steel industry. What’s more, readers will learn why Carnegie ultimately decided to give away his entire fortune.

We also think it’s one of the best biographies to read if you want to get rich.

Find it here »

2. ‘A New Earth’ by Eckhart Tolle

2. 'A New Earth' by Eckhart Tolle

Amazon

Like “The Power of Now,” also by Tolle, “A New Earth” encourages readers to live in the present if they want to find true happiness. He outlines steps to transcending our ego-based state of consciousness and reaching a more enlightened state.

The book was selected as Oprah’s Book Club pick in 2009.

Find it here 

 

1. ‘#Girlboss’ by Sophia Amoruso

1. '#Girlboss' by Sophia Amoruso
Businessinsider.com |  February 25, 2016 |  
http://www.businessinsider.com/amazons-top-25-leadership-and-success-books-2016-2

[/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

#Leadership : Why Failure Makes You a Better Leader…Failure is Never a Positive Feeling. Nevertheless, Constantly trying to Avoid Failure is Just as Bad Because it Means you are Unlikely to Take the Risks Necessary to Achieve Success.

/in /by

In 2016, embrace failure. It could be the point where your company makes a change for the better. How will you learn from your failures during this coming year?

Free- Broken Bridge to a Mountain

Failure is never a positive feeling. Nevertheless, constantly trying to avoid failure is just as bad because it means you are unlikely to take the risks necessary to achieve success. Failure is not something to purposely seek out, but it’s certainly not something to fear if and when it does happen.

The statistics say that 90% of new businesses fail in the first five years. However, the studies say that focusing on statistics l

ike this only makes it more likely you will become a failure. Fail in the right areas and don’t obsess over setbacks.

The reality is failure does make better leaders, and here’s why.

 

To become a great leader in 2016 you have to be comfortable with things going wrong. Great leaders see them as learning opportunities, rather than setbacks. As long as you learn from the mistakes you make, failure is a worthwhile endeavor.

Failure Shapes Leaders

Someone who never fails either never takes risks or constantly finds a way to weasel out of responsibility. The greatest leaders in the world are shaped by failure. Take a look at tech executives, such as the co-founders of Google. They dropped out of college. Most would see that as a failure, and yet they created one of the historic companies.

The most rewarding decisions of your life will be shaped by how you react to failure.

 

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Resilience to Run a Business

Resilience is how people react under pressure and how they bounce back from disappointment. The only way to gain this resilience is to dare to fail. There are no leaders who are born to be leaders. This is a disservice to the men and women who are good leaders as it simply dismisses their achievements as genetics, God, or some other force out of our control.

Failure will teach you resilience and how not to buckle when you experience difficult times.

Learn What Works

The only way to achieve the success you crave is to think outside the box. Copying what someone else has done will not make your business into the organization you want. It will only take you part of the way, as all innovators have realized.

To learn what works and what doesn’t you have to test. This is the number one rule of marketing, and it’s what crucial A/B testing is based around.

If you are unwilling to fail, you will never go through this process and you will never achieve the things you want to achieve, as a result. Accepting failure will push you to try things you have never tried before and potentially win big.

Better Employee Morale

There’s nothing worse than working for someone who believes they can do no wrong. Executives like these tend to always shift the blame to a lower manager, or to simply pretend a setback never happened. It’s not a good trait to have.

Employees who see that you as a leader can fail won’t look down upon you because of it. They will see it as a positive trait. It will encourage them to try new things because they know that if it goes wrong they aren’t going to lose their jobs over it.

Some of the best corporate ideas around have come not from leaders but from the people working under them.

Of course, this is no reason to actively seek out failure. Someone who fails repeatedly without success is simply a bad leader.

Who has Your Back?

Take a startup company as an example for this section. Everyone starts working in good faith. They all love the product and they all believe they can succeed. Then a major setback happens, such as having a poor first release.

There are two sets of people at this point. One set will continue to work with the company and figure out where they went wrong. The other set will either walk out of the company or become snarky and unmotivated.

Failure has taught you who REALLY believes in what you are doing and who is going to bail when the going gets tough. You wouldn’t have known that unless something had gone wrong.

Conclusion

To become agreat leader in 2016 you have to be comfortable with things going wrong. Great leaders see them as learning opportunities, rather than setbacks. As long as you learn from the mistakes you make, failure is a worthwhile endeavor.

It will help you make the tough decisions and better appreciate your responsibilities as a leader. Countless organizations have turned themselves around simply because a big failure made them change their way of thinking.

In 2016, embrace failure. It could be the point where your company makes a change for the better. How will you learn from your failures during this coming year?

PUBLISHED ON: JAN 25, 2016
Inc.com |

BY AJ AGRAWAL

CEO, Alumnify

#Leadership : Why Attitude Is More Important Than IQ. Which Side of the Chart you Fall on?…By Keeping Track of How you Respond to the Little Things, You can Work every Day to Keep Yourself on the Right Side of the Chart.

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When it Comes to Success, it’s Easy to Think that People Blessed with Brains are Inevitably Going to Leave the Rest of Us in the Dust. But New Research from Stanford University will Change your Mind (& your Attitude).

Psychologist Carol Dweck has spent her entire career studying attitude and performance, and her latest study shows that your attitude is a better predictor of your success than your IQ.Dweck found that people’s core attitudes fall into one of two categories: a fixed mindset or a growth mindset.

Free- Direction Rail Tracks

With a fixed mindset, you believe you are who you are and you cannot change. This creates problems when you’re challenged because anything that appears to be more than you can handle is bound to make you feel hopeless and overwhelmed.

People with a growth mindset believe that they can improve with effort. They outperform those with a fixed mindset, even when they have a lower IQ, because they embrace challenges, treating them as opportunities to learn something new.

Common sense would suggest that having ability, like being smart, inspires confidence. It does, but only while the going is easy. The deciding factor in life is how you handle setbacks and challenges. People with a growth mindset welcome setbacks with open arms.

According to Dweck, success in life is all about how you deal with failure. She describes the approach to failure of people with the growth mindset this way,

“Failure is information—we label it failure, but it’s more like, ‘This didn’t work, and I’m a problem solver, so I’ll try something else.’”

Regardless of which side of the chart you fall on, you can make changes and develop a growth mindset. What follows are some strategies that will fine-tune your mindset and help you make certain it’s as growth oriented as possible.

Don’t stay helpless. We all hit moments when we feel helpless. The test is how we react to that feeling. We can either learn from it and move forward or let it drag us down. There are countless successful people who would have never made it if they had succumbed to feelings of helplessness: Walt Disney was fired from the Kansas City Star because he “lacked imagination and had no good ideas,” Oprah Winfrey was fired from her job as a TV anchor in Baltimore for being “too emotionally invested in her stories,” Henry Ford had two failed car companies prior to succeeding with Ford, and Steven Spielberg was rejected by USC’s Cinematic Arts School multiple times. Imagine what would have happened if any of these people had a fixed mindset. They would have succumbed to the rejection and given up hope. People with a growth mindset don’t feel helpless because they know that in order to be successful, you need to be willing to fail hard and then bounce right back.

 

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Be passionate. Empowered people pursue their passions relentlessly. There’s always going to be someone who’s more naturally talented than you are, but what you lack in talent, you can make up for in passion. Empowered people’s passion is what drives their unrelenting pursuit of excellence. Warren Buffet recommends finding your truest passions using, what he calls, the 5/25 technique: Write down the 25 things that you care about the most. Then, cross out the bottom 20. The remaining 5 are your true passions. Everything else is merely a distraction.

Take action. It’s not that people with a growth mindset are able to overcome their fears because they are braver than the rest of us; it’s just that they know fear and anxiety are paralyzing emotions and that the best way to overcome this paralysis is to take action. People with a growth mindset are empowered, and empowered people know that there’s no such thing as a truly perfect moment to move forward. So why wait for one? Taking action turns all your worry and concern about failure into positive, focused energy.

Then go the extra mile (or two). Empowered people give it their all, even on their worst days. They’re always pushing themselves to go the extra mile. One of Bruce Lee’s pupils ran three miles every day with him. One day, they were about to hit the three-mile mark when Bruce said, “Let’s do two more.” His pupil was tired and said, “I’ll die if I run two more.” Bruce’s response? “Then do it.” His pupil became so angry that he finished the full five miles. Exhausted and furious, he confronted Bruce about his comment, and Bruce explained it this way: “Quit and you might as well be dead. If you always put limits on what you can do, physical or anything else, it’ll spread over into the rest of your life. It’ll spread into your work, into your morality, into your entire being. There are no limits. There are plateaus, but you must not stay there; you must go beyond them. If it kills you, it kills you. A man must constantly exceed his level.”

If you aren’t getting a little bit better each day, then you’re most likely getting a little worse—and what kind of life is that?

Expect results. People with a growth mindset know that they’re going to fail from time to time, but they never let that keep them from expecting results. Expecting results keeps you motivated and feeds the cycle of empowerment. After all, if you don’t think you’re going to succeed, then why bother?

Be flexible. Everyone encounters unanticipated adversity. People with anempowered, growth-oriented mindset embrace adversity as a means for improvement, as opposed to something that holds them back. When an unexpected situation challenges an empowered person, they flex until they get results.

Don’t complain when things don’t go your way. Complaining is an obvious sign of a fixed mindset. A growth mindset looks for opportunity in everything, so there’s no room for complaints.

Bringing It All Together

By keeping track of how you respond to the little things, you can work every day to keep yourself on the right side of the chart above.

Do you have a growth mindset? Please share your thoughts in the comments section below as I learn just as much from you as you do from me.

 

Forbes.com | January 19, 2016 | Travis Bradberry

 

#Leadership : 3 Tips To Close Out The Year Strong From The Best Coach In College Football… Like Saban’s “Process,” you Must stay Focused on the Play Ahead—but What is that Play for You? What Do you Have to be Focused on Today that Could Bring you #Success Tomorrow?

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‘Tis the season to be…stressed. If you’re reading this blog, most likely you’re doing so on a smartphone while flying by the seat of your pants, trying to meet deadlines and end-of-year sales goals. Your email inbox is overflowing, and the pressure to plan (or attend) all those delightful holiday parties may be sending you to the edge. This is the uncomfortable truth: It’s normal to feel overwhelmed during this time of year.

Alabama head coach Nick Saban leads the team onto the field for warmups in an NCAA football game, Saturday, Nov. 21, 2015, in Tuscaloosa, Ala. (AP Photo/Butch Dill)

But how, among all these challenges, do you close out the year strong?

If there’s anyone who has mastered the art of keeping a team focused, it’s Nick Saban, head coach of the Alabama Crimson Tide. Saban has won three championships with the Tide and he’s currently in the national championship hunt again. He credits the success to his “Process,” a simple yet effective method of breaking down goals into manageable, bite-sized pieces…especially in challenging times. You don’t have to like Saban or Alabama to learn from him.

Some of his tips:

1 – Focus on the moment at hand

Saban framed the “Process” when he was coaching at Michigan State. Shortly before playing No. 1 ranked Ohio State, Saban told the Spartans to focus on executing the next play and not to worry about winning. The outcome: Michigan State upset the Buckeyes 28-24, giving Saban one of the first major wins in his storied career.

This is a simple yet profound tactic. Humans spend too much time thinking about past mistakes or way-in-the-future events; such micro-focus can have paralyzing effects on a team. Saban teaches his players to win the moment— it’s not about what was accomplished in the past and tomorrow isn’t promised for anyone. Winning is about the present.

 

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2 – Eliminate the clutter

Saban’s “Process” depends on clarity, not messiness. “Eliminate the clutter and all the things that are going on outside and focus on the things that you can control,” he shared in interview with the New York Times.

If you are having difficulty with goal completion, consider cutting down all non-essentials from your time and focus. You can start by examining your email, desk and even the upcoming list of meetings on your calendar—whatever isn’t contributing to your primary goal needs to be reassessed…or dropped altogether.

Like Saban’s “Process,” you must stay focused on the play ahead—but what is that play for you? What do you have to be focused on today that could bring you success tomorrow? Leave me a comment. I’d love to hear your thoughts!

3 – Champions have mental toughness and discipline

Saban’s Crimson Tide have endured more than just the SEC’s blistering defenses, but also face media scrutiny and the constant pressure to succeed to annually high expectations. Like many of the Great leaders in sports, Saban refers to adversity as a “friend” and credits mental toughness with helping his team face challenges. He often tells his players that the majority of people avoid the things they don’t like to do, but the Great Ones make a daily choice to face difficulties head on.

Most people have trouble accomplishing their goals because it’s very difficult to maintain the laser-focus required to reach them. This is especially true during the holiday season—one of the busiest times of the year. (Right now I am planning a holiday trip with my family, finishing the editing of a new book on the habits of great teams, and post-release marketing on my current release “Thomas Jefferson and the Tripoli Pirates”…yes, I’m feeling it!)

Consistent winners know what it takes to handle each day’s business with authority. Success in crucial moments depends on sticking to your game plan, blocking out all distractions and facing adversity head on —that’s what the Great ones do.

Hopefully all of you are well on your way to completing some amazing goals in 2015, and will make 2016 even greater. Like Saban’s “Process,” you must stay focused on the play ahead—but what is that play for you? What do you have to be focused on today that could bring you success tomorrow? Leave me a comment. I’d love to hear your thoughts!

 

Forbes.com | December 14, 2015 | Don Yaeger

 

 

#Strategy : 8 Lifestyle Changes to Make if you Want to Earn more Money …If you Want to Learn How to get Rich — How to Grow & Master your Money — Consider these 8 #Lifestyle Changes

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When it comes to earning more money and growing your wealth, sometimes all it boils down to is establishing key habits and making small lifestyle changes.

Free- Direction Rail Tracks

“Success is a learnable skill,” emphasizes T. Harv Eker in his book “Secrets of the Millionaire Mind.” “If you want to be a great golfer, you can learn how to do it. If you want to be a great piano player, you can learn how to do it … If you want to be rich, you can learn how to do it.”

If you want to learn how to get rich — how to grow and master your money — consider these eight lifestyle changes:

Start hanging out with people you admire

Andrew Carnegie, who started with nothing before becoming the richest man in the country, credits all of his riches to one principle: the Master Mind.

The idea is that you surround yourself with talented people who share your vision because the alignment of several smart and creative minds is exponentially more powerful than just one.

Plus, we become like the people we associate with, which is why the rich tend to associate with others who are rich.

“In most cases, your net worth mirrors the level of your closest friends,” explains self-made millionaire and author Steve Siebold. “Exposure to people who are more successful than you are has the potential to expand your thinking and catapult your income. The reality is, millionaires think differently from the middle class about money, and there’s much to be gained by being in their presence.”

 

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Get a part-time job

If you want to earn more, a simple solution is to work more — and you’ll get a lot more out of a second job than extra income.

You’ll grow your skill set by working in a different field, put your brain to work in a different context, and expand your network. Plus, it’s a great opportunity to monetize a specific interest of yours — such as photography, music, tutoring, or coaching — or turn your passion into a side hustle.

Check out high-paying jobs you can do on the side and read about how to start a side-hustlefrom a woman who earned up to $4,000 a month on the side.

Bury your head in books

Rich people would rather be educated than entertained — if you want to be like them, cut the cable and dive into books on investing or personal finance, or pick up a successful person’s biography.

“Walk into a wealthy person’s home and one of the first things you’ll see is an extensive library of books they’ve used to educate themselves on how to become more successful,” Siebold writes.

Take billionaire Warren Buffett, for example, who estimates that 80% of his working day is dedicated to reading.

While the rich don’t necessarily put much stock in furthering wealth through formal education— many of the most successful people have little formal education — they appreciate the power of learning long after college is over.

Get used to doing uncomfortable things

If you want to build wealth, be successful, or get ahead in life, you’re going to have to get used to uncertainty or discomfort.

Rich people, in particular, find comfort in uncertainty. “Physical, psychological, and emotional comfort is the primary goal of the middle class mindset,” Siebold writes. “World class thinkers learn early on that becoming a millionaire isn’t easy and the need for comfort can be devastating. They learn to be comfortable while operating in a state of ongoing uncertainty.”

If you want to get rich, you have to be OK with being uncomfortable. If you’re not, learn how to be, Siebold advises: “The great ones know there’s a price to pay for getting rich, but if they have the mental toughness to endure temporary pain, they can reap the harvest of abundant wealth for the rest of their lives.”

Start adopting this mind-set today with one of Siebold’s suggested strategies: “Make a list of the five things you must do today that are uncomfortable but will help you build your financial fortune.”

Switch to a high-interest savings account

Chances are, the money sitting in your savings account is growing at a negligible amount. That’s because most of us use the “big banks,” which offer a measly interest rate of just 0.01%.

With that interest rate, if you let a $10,000 deposit sit in your standard savings account for one year, you’d receive a mere $1 of interest, and that’s before taxes. A $50,000 deposit would yield just $5 of interest after one year.

But if you’re using a high-interest savings account at an internet bank (a popular choice is Ally Financial), your $10,000 deposit would generate $100 of interest over one year — and $50,000 would generate $500, thanks to the 1% interest rate. Online savings accounts with higher interest rates — the highest one out there is 1.25% — would get you even more.

Granted, using a high-interest savings account isn’t going to score you a windfall or make you rich a year from now, but it’s an easy way to earn a few extra bucks from money that’s otherwise unoccupied.

If you want to make the jump from a traditional bank to an online bank to start earning back more interest, read more about high-interest savings accounts and check out Magnify Money’s list of bank options.

Wake up earlier

They say the early bird gets the worm, and there may be truth behind those words.

Early risers get a head start on everyone else by responding to emails, exercising, meditating, or reading before many of us have even hit the snooze button — and they are happier and healthier because of it.

Some of the most powerful, successful people swear by an early wake-up call — if it works for them, it could work for you.

Put your money to work

One of the most effective ways to earn more money is to invest it, and start as early as possible.

“On average, millionaires invest 20% of their household income each year. Their wealth isn’t measured by the amount they make each year, but by how they’ve saved and invested over time,” writes Ramit Sethi in his New York Times bestseller “I Will Teach You to Be Rich.”

The great part is you don’t need to be rich to invest — you just need to be diligent about setting aside a portion of your money on a consistent basis. The more you can set aside the better, but even a little bit can go a long way, thanks to compound interest.

The simplest starting point is to invest in your employer’s 401(k) plan. Next, consider contributing money toward a Roth IRA or traditional IRA, individual retirement accounts with different contribution limits and tax structures — which one you can use depends on your income and the tax implications. If you still have money left over and are hungry to continue investing, you can research low-cost index funds, which Warren Buffett recommends, and look into the online-investment platforms known as “robo-advisers.”

For more information on investing, read up on the basics before diving in.

Set goals and visualize achieving them

If you want to make more money, you have to have a clear goal and then a specific plan for how to achieve that goal. Money won’t just appear — you have to work at it.

Rich people choose to commit to attaining wealth. It takes focus, courage, knowledge, and a lot of effort, Eker emphasizes, and it’s possible if you have precise goals and a clear vision: “The number one reason most people don’t get what they want is that they don’t know what they want. Rich people are totally clear that they want wealth.”

Write down what Eker calls “play to win goals” for your annual income and net worth. Be realistic when setting a time frame to attain these goals, but at the same time, think big and don’t be afraid to challenge yourself.

 

Businessinsider.com | December 11, 2015 |