Formula Of Success

Research shows that if we take 100 teenagers at age 15, in 50 years time, 62 will be alive, 38 will be broke, 16 will be working, 7 will be retired on livable income and only 1 will be wealthy.

You may ask me how was that one wealthy person able to achieve success and get to the top? They obviously had the right formula for success. 11 years ago, I was introduce to this Success Formula which I would like to share with you today.

Success = Goal + Effort + Opportunity

We have to know what we want, we have to be willing to work for it, and then we have to select the right opportunity.

Let’s talk about some of the things that we may want in life:-

Goals for our family
Owning you own home, providing the best for your children, having great holidays and spending time with your extended family are all very important goals.

Goals for our lifestyle
Goals that can bring much enjoyment through the hobbies that we pursued, the car we drive, going shopping and being able to share by giving to others and worthwhile causes.

Goals for our future

Most of our goals for the future will require time and money. Imagine having more time. The money to live the way we choose. Being able to plan for the future, savings, investments, retirement and earning residual incomes.

If we have set great worthwhile goals and have put in the effort to work hard for it and are not getting the success that we want, then we will have to look at the opportunity part of the success formula.

Remember, to achieve the goals for our future, we need to have the right opportunity that can provide us with the ability to have both time and money to achieve the things that we see are important in our life. If the opportunity that we are pursuing are not helping us to get the results that we want in our life, it is time for us to ReTHINK and garnered the courage to change!

Albert Einstein once said, “Insanity is doing the same thing over and over again and expecting different results.”

Remember, "If you do what you have always done, you will get what you have always gotten."

Choose the Right Opportunity that can help you to achieve the goals that you have set for yourself and your loves one.

To your SUCCESS!

What are your priorities in life?

I went to HSBC today together with my wife to do some banking matters. While waiting for the customer service officer to assist me with my phone banking pin application, she politely requested me to complete an in house survey form, titled, What are your priorities in life? What a reminder... I said to myself, we should be asking the above question everyday to remind us of our priorities.

The survey is related to personal financial planning. The lady asked me to rank the answers from 1 to 4 (1 – Top Priority, 4 – Low Priority) The questions are as follows:-

1. Reducing Commitment (Paying off your debts)

2. Financial Security (If your income stopped, what problems would that cause your family)

3. Education Planning for your children (What are your plans for your children’s education)

4. Retirement Planning (If you haven’t got sufficient income to retire on, how would that impact you?)

What are your rankings?

I once read an article on Time Management by Tim Elmore and he taught me on How to Determine Priorities.

Below are three Rs that will help you start to find out where your focus should be. Knowing your priorities then will help you schedule your time better. Ask yourself these questions and see if they help you.

• Reward: What gives me the greatest joy? Finally, as you sort through your personal priorities, look of the element of personal fulfillment. There is deep satisfaction in doing what you are gifted, and perhaps even "called" to do. There is nothing easier than not finding time to do the things you don't want to do.

• Requirement: What is required of me? When you feel overwhelmed by obligations, stop and sort out your "must dos" from your "choose to do's" Our obligations in life are the biggest priorities we have, but more often than not, you will find that you really do not have to do many things; you choose to do them. Simply ask: what must I do? What is required of me here?

• Results: What gives the greatest return? When sorting our priorities, ask the question: What brings the greatest results when I do it? You should spend most of your time working in the area of your greatest strength. He is a wise man who wastes no energy on pursuits for which he is not fitted; and he is wiser still who from among the things he can do well, chooses and follows the best. Find your gift and capitalize your time using it.

Here’s a Checklist for making decisions.

• Is this consistent with my priorities?
• Is this within my area of competence?
• Can someone else do it better?
• What do my trusted friends say?

I want to leave you with a powerful quotation on priorities by Tom Hopkins, a man who inspired me to take the challenge to succeed in the world of selling. He quote, "Getting in touch with your true self must be your first priority."

Live your life to the fullest potential. Life is fantastic!

Guard Your Mind !

A good friend of mine sent me a very interesting story below about a man who once upon a time was selling Hotdogs by the roadside.

He was illiterate, so he never read the newspapers.

• He was hard on hearing, so he never listened to the radio.
• His eyesight was poor, so he never watched television.
• But enthusiastically, he sold lots of hotdogs.
• He was smart enough to offer attractive schemes to increase his sales. So his sales and profit went up..
• He ordered more raw material and buns
• He recruited more supporting staff to serve more customers.
• He started offering home deliveries. Eventually he got himself a bigger and better stove.
• As his business was growing, his son, who had recently graduated from College, joined him.

Then something strange happened.

The son asked, "Dad, aren't you aware of the great recession that is coming our way?"

The father replied, "No, but tell me about it." The son said, "The international situation is terrible. The domestic situation is even worse. We should be prepared for the coming bad times."

The man thought that since his son had been to college, read the papers, listened to the radio and watched TV.

He ought to know and his advice should not be taken lightly.

So the next day onwards, the father cut down his raw material order and buns, took down the colorful signboard, removed all the special schemes he was offering to the customers and was no longer as enthusiastic.

He layoff some of his staff.

Very soon, fewer and fewer people bothered to stop at his hotdog stand.

And his sales started coming down rapidly, same was his profit.

The father said to his son, "Son, you were right".

"We are in the middle of a recession and crisis. I am glad you warned me ahead of time."

Moral of The Story: It's all in your MIND! And we actually FUEL this recession much more than we think we do!

Our mind is so important that we have been given a will to control it and feelings to help determine whether our thoughts are positive or negative. Whatever state our mind is in will determine the outcome of our seconds, minutes, days, weeks, months and years to come.

Think for a while . . .

1. How many times we confuse intelligence with good judgment?

2. Choose your advisers carefully but use your own judgment

3. A person or an organization will prevail over bad times, if they have the 5 Cs

• Character
• Commitment
• Conviction
• Courtesy
• Courage
  

The tragedy today is that there are many walking encyclopedias that are living failures.

The more practical and appropriate views on this economic recession is:

"This is the time to reunite together for any small or a big organization, this is the time to motivate and retain people which are the biggest asset, this is the time to show more commitments to the customers, this is the time to show values of our company to the world ".

So take heed and guard our mind will all deligence!

Creating Profitable Relationships

It had been said, a journey of a thousand miles begins with the first step. This Blog was created in 2007 and this is my first post.


The purpose of this Blog is to provide a platform to get connected with all my past, present and future friends that I am going to get connected with. My lifetime’s goal is to have a Million Friends!

This Blog will feature my life’s journey and lessons that I learn along the journey. I will take the opportunity to share with my friends in the following areas of interest; Personal & Leadership Development, Network Marketing, Sales & Marketing, Entrepreneurship and Investment.

I look forward enthusiastically to the opportunity to add POSitive Values to the life of all my friends and to "Create Profitable Relationships" together.

Zig Ziglar once said, “You can get everything in life you want if you will just help enough other people get what they want.”

Wishing you all greatness and success.