February 1, 2013
Begin to invest at least 10% of your household income
I find that the 401(k) at your job, Individual Retirement Account (IRA), Roth IRA or mutual funds are the best way to accomplish this goal. If you are an investing novice, I recommend consulting instructive materials about investing, such as the “Dictionary of Finance and Investment Terms” by John Downes and Jordan Elliot Goodman. I […]
February 1, 2013
Stretch – exceed your goals as often as you can
Why have I experienced such success over the years? One of the answers is my desire to not only meet, but also exceed, my goals. I noticed some people on my team only talked about reaching the monthly sales goal to keep their jobs. My mentality was exceeding my monthly goal, because I see myself […]
January 31, 2013
Listen to the people who actually do the work
Something I learned many years ago is that people who have little to no involvement in your success always have an opinion about how you can do it better. Let the people who are in waist deep with you give you the advice to go to the next level. Get rid of the armchair quarterbacks […]
January 31, 2013
Always maintain the proper insurance
Insurance – on so many levels – ensures wealth. If you are not properly insured, you can, and probably will, create a very serious financial liability for yourself and your loved ones. Health insurance allows us to use the full benefits of good medical treatment. Car insurance will guarantee us the peace of mind of […]
January 30, 2013
Get out of debt!
To me, debt means giving to the past and not to the future. I remember being in college and taking my girlfriend to a fancy restaurant for dinner. That dinner cost $100, and it took me an entire year to pay it off. I paid over $50 in interest for that one meal. It is […]
January 30, 2013
Unleash the energy of your workers
I like the freedom to think and be creative, and I believe we all have a desire to create what we think. Allow the people around you to harness the creative juices within. I have made millions of dollars for my employers over the years because they understood this principle. Little do you know that […]
January 30, 2013
De-layer and get rid of the fat
If you are trying to cut costs and save money, here is a word of advice: if it’s not necessary in the overall scheme of accomplishing your goals, eliminate it. Get basic cable instead of premium channels. Have the expense of one car instead of two. Eat tuna and chicken more often than filet mignon. […]
January 29, 2013
Be number one or number two and keep redefining the market
Executive level thinkers want to be on top – first place, the head honcho. There is a curious pride that comes with being the best at what you do. God has a “me-first” mentality, and so should you. God expects the best from us, but He only gives the best to us. Don’t get your […]
January 29, 2013
Watch for ways to create opportunities and to become more competitive
I remember an opportunity that presented itself to me ten years ago. A basket business owner and his wife wanted to sell me their business. They had started and run the business for 20 years and wanted to retire to Florida. They had what I thought was a great product – they shipped baskets filled […]
January 28, 2013
Nurture people who share your values
I have learned over the last 15 years that people are essential to my success. With that in mind, those relationships need to be cultivated and nurtured. Proverbs 18:24 states, “A man that hath friends must shew himself friendly: and there is a friend that sticketh closer than a brother.” Those you trust must have […]
January 28, 2013
Create a vision, then get out of the way
To be a great leader, you must be a visionary – a person of unusually keen foresight. To have keen foresight you must be knowledgeable about the world in which we live. Stop hindering your ability to achieve and succeed by surrounding yourself with negative thinkers and talkers. This will breed lack, and executive level […]
January 28, 2013
Managing less is managing better
My particular management style is the opposite of micromanaging. I prefer to give individuals the tools and training to get the job done. Here is the trick or key to managing successfully with this style: you must find the right people with the right mental makeup to handle this management style. Some people are very […]