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Staying Excited about Your Goals

June 19, 2017 by  
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Read carefully these great words to “The Impossible Dream”, a song sung by the fictional Don Quixote, The Man of La Mancha. Here the hero sets out to right all the world’s wrongs. Think about yourself and what you want to do with your life so maybe these words will help motivate you as they have with me.

To dream the impossible dream,
To fight the unbeatable foe,
To bear with unbearable sorrow,
To run where the brave dare not go,
To right the unrightable wrong,
To love pure and chaste from afar,
To try, when your arms are too weary,
To reach the unreachable star–

This is my quest, to follow that star,
No matter how hopeless, no matter how far,
To fight for the right, without question or pause,
To be willing to march into hell for a heavenly cause!
And I know, if I’ll only be true to this glorious quest,
That my heart will lie peaceful and calm when I’m laid to my rest!

And the world will be better for this,
That one man, scorned and covered with scars,
Still strove, with his last ounce of courage,
To reach the unreachable star!

When Don Quixote set out on his quest he was an old man. But he pursued his goal with the energy of a man less than half his age. What kept him going? How was he able to stay so excited about his goal?

One thing that made a great difference was his commitment to the goal. He believed with all his heart that he was seeking to do the right thing. Do you believe in your goals? Do you really feel that they are best for you? Do those goals represent what you really want in life?

If you answered “No” to any of those questions, you’d better be in search of a new goal. Without a strong and positive belief that we are seeking what is best, we simply won’t have the power or the energy we need to take us through every action that is necessary to take us step by step to the goal.

And it always helps a ton to visualize what rewards await you when you achieve your goals. For me one of the great rewards that I always place firmly in my mind is the ability, both financially and time-wise, to travel to most of the countries of the world. What is your motivating force that pushes you to reach your goals? Think about what they are and then take time to do some big-time visualization of what it’s going to be like when you reach your goals. Seeing it clearly in your mind will help you keep focused and lead you there.

Gems of Wisdom

June 9, 2017 by  
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Last week I shared bits of wisdom with you from the great Paul J. Meyer. Many of these were principles that ensure long term success in handling your money.  Let me share some more gems with you. And remember these gems come from a man who started with nothing but accumulated a half a billion dollar net worth by successfully helping and motivating other people.

These quotes are from a great 30 page booklet that Paul gave me years ago, entitled “Being Smart with Your Money” with my thoughts in parentheses.

  1. Set goals.
  2. Live within your means.
  3. Get on a budget and stay there.
  4. Pay yourself first. Just remember that a part of everything you earn is for you to keep.
  5. Put your money to work. (Invest it wisely–so it works for you 24 hours a day.)
  6. Get out of debt. (As in credit card debt. I would add that mortgage debt on income property is okay and can be a good thing.)
  7. Have realistic expectations. (Building a financial fortune takes time)
  8. Get wise counsel. (Find a good mentor that’s been successful with their money)
  9. Never spend what you have saved.

Alright, now let me give you a few thoughts of mine that have helped me in my financial life and life in general.

  1. Pay careful attention to your self-talk or your chatterbox inside your brain. When you catch yourself with negative chatter going on inside your head, push it out and replace it with positive self-talk.
  2. Don’t beat up on yourself when you stumble, fall or make mistakes, or fall short of your goals.
  3. Set big goals then be sure to write them down with a deadline. Just remember it’s okay, even very good, to take baby steps toward those big goals.
  4. Physically keep moving no matter what age you are. Walk, run, or otherwise workout. Using a Fit Bit can help you with this one.

Here’s some other wonderful little tidbits from Eckhart Tolle’s book The Power of Now that can help a life to be better:

  1. Make the living in the now the primary focus of your life.
  2. Stop judging self and partner.
  3. The greatest catalyst for change in a relationship is complete acceptance of your partner as he or she is.
  4. See if you can catch yourself complaining in speech or thought– if so, you are playing the victim.
  5. Let go of the past-only refer to it when it has relevance to the present.

 

 

Re-Motivating Words

June 3, 2017 by  
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The truly wonderful motivational guru Paul J. Meyer was one of my very greatest mentors. A couple of days ago, I was organizing a bunch of the books in my home library when I came across a book that Paul had given me back in 1977. I re-read the wonderful comments that he made about our relationship in the front of the book and consequently I just had to write about him and how he motivated me.

One of the great things he preached to me and others was to identify the books that help us the most and re-read them many times because all of us humans do tend to forget what we’ve learned in the past. Rather than read 1,000 books, he said find the best books that speak to you. That might be just a few dozen or even 100 books, but keep going back to them to refresh your memory and re-motivate yourself.

I began to glance through Paul’s book, The Story Of Paul J.Meyer … The Million Dollar Personal Success Plan, and yes, it refreshed my memory and I realized just how much I had forgotten. Now, just a couple days later, I am finding myself re-motivated and re-inspired. Here are a few choice quotes from Paul’s book:

“A self-confident attitude is the most important asset you can possess.”

“Self-motivation is the power that raises you to any level you seek.”

“Goal setting is the strongest human force for self-motivation.”

“Real confidence in yourself is always demonstrated by Action.”

“Decide what you want and write your goals. Then convert your goals into positive, present tense statement called affirmations. Affirm your goals each day until they become part of your subconscious mechanism.”

“A common reason for human failure is total disregard for the power of self-motivation.”

Great stuff! I do sincerely hope that Paul’s brilliant words, written years ago by this great man and friend who passed away in 2009, will reignite your passion for living and doing great things for your life as it has done for so many people on this earth.

Paul’s motivational records, books, tapes and speeches were, and are still, followed by millions of people around the globe. Even though he started with nothing he was able to get half way to a billion-dollar net worth in his lifetime. This was just part of the great reward he got from the many people he helped. Next week I want to share a few more of his great statements and motivational words plus a few others from great sources.

 

Losing Out to Fear

May 5, 2017 by  
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I am totally convinced that most people don’t end up making big money–especially when you are talking millions of dollars—not because they aren’t smart enough but because of their fears. It is a fear of failing and/or the fear of losing what little money they may have. Believe me, I totally understand those fears because that is exactly what held me back for a long time.  But that’s when my wonderful friend and mentor, Larry Rosenberg stepped in and gave me the courage to overcome my fears or at least reduce my level of fear. At the same time, he showed me exactly how to do the big deals and reduce the risks which, of course, reduced the amount of fear I had.

Don’t get me wrong there are always risks but even so, Larry convinced me that if I wanted to hit it really big, I would have to take some bigger risks. At that point, I reasoned with myself and agreed with that old saying, “Better to try and fail than never to try at all.”  I never forgot being told repeatedly when I was young, “Nothing ventured, nothing gained.”

There is no question that when you use financial leverage on a purchase that you increase the risk to yourself.  Like that old example I’ve used over and over—if you put 10% down on a $500,000 dollar property, you could lose all your money if that property dropped in value by 10% and you had to sell it. That’s $50k gone just like that.

That kind of risk is scary but on the other hand, if that property increases in value by 10% then you’ve just doubled your money or made a 100% return. Remember what huge numbers 100% returns do to your money over time–just one penny compounded at 100% a year grows to well over $10 million in just 30 years! That’s the great power of compounding. Of course, you can reduce your risks, big time, by using your brain and your brawn to fix up a property which greatly increases the chance of raising its value and greatly reduces your risk.

If you want to reduce your risk even more, you may want to do what one of my long time students did early on in his acquisition of property. I’m talking about Dell Loy Hansen who now owns properties valued in the billions. He started from scratch after he read my first book, How to Wake Up the Financial Genius Inside You. How did he reduce his risk?  He went out and found partners which allowed him to buy property with much bigger down payments, so they went into these investments with a lot more equity and hence less risk. That, of course, reduces the possible return on the amount invested but, for Mr. Hansen, it greatly increased his leverage and allowed him to buy bigger and bigger properties, hence his multibillion-dollar portfolio.

So remember, if you want to hit it big, be prepared to take some risks and if you want to cut those risks a bit, go find some good partners to share in the initial down payment. Just be sure to take good care of those partners.

 

 

Crossing Out Our Fears

April 28, 2017 by  
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Last week I promised to give you some directions on how to get rid of your fears and, yes, I think we all have some fears that should be dealt with. Elle Luna in her great book, The Crossroads of Should and Must, gives such excellent advice and direction on how to eliminate fears.

The first thing you need to do is be totally honest with yourself and write down your fears, some of which you’ve probably not told anyone about. Those of you who follow my books and blog know that I am a huge believer in the power of writing things down.  When I write down a goal, for example, especially if I include a time line and date for reaching that goal, those written words have huge power over me and push me to deliver on the promise and the goals that I set for myself.  Those written words on the page drive me and won’t let me go until I achieve the goal.

Elle’s advice on writing things down begins with a list. “Grab a piece of paper and write the numbers one through ten on the left side of the page. At the top, title it “What are you so afraid of?” This is your worst-case scenario list. This is your list of fears, ultimate doomsday concerns, and everyone-is-going-to laugh-at-me-and-run-the-other-way scenarios. These are your largest, scariest fears, and you’ve got ten minutes to write them down.”

I really loved the following advice she says right after that–“Now let’s get realistic about these fears. Because often, fears in our mind can be like say–sticky and way difficult to remove. But fears on paper? Tangible, visible.”  This is followed up by a new term for me and one I really love. She asks us to identify and go to work on the fears that are “cross out-able.”

“After you’ve gone through all of your fears,” Elle says, “write a short note or tip next to each line listing one thing–just one–that you can do to loosen that fear’s grip on your life. Get to know these fears intimately because they are the invisible walls that surround you daily. Decide which ones stay and which ones gotta go.  If you are going to live that better, more satisfying life you must follow your ‘musts’ not those ‘shoulds’.”

You see, as you make even a little bit of progress in eliminating a fear you will gain a wonderful feeling of accomplishment and power and writing it down will help you push yourself to eliminate that fear. And never forget that it’s totally ok to approach this by taking baby steps, as Lao-Tzu was quoted as saying, “A journey of a thousand miles begins with a single step.”

 

 

Stress as Good And Bad

March 18, 2017 by  
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This week I want to talk about stress. I am even a bit stressed about getting this written in time to post it! There is a lot to stress about. Because of that people have come up with all sorts of ways and methods to reduce stress. However, stress can be good because it can push you to get more done and try harder to reach your goals. And, get this, you can actually learn how to make it so that even a ton of stress doesn’t hurt or ruin your health! I think you will be surprised and delighted to learn how to do this, as I was. But let’s examine how we think about stress for a minute.

As most people know, stress seems to be caused, for the most part, by our thinking and worrying about some future event–near or far. There is, however, two bits of really good news about stress. We all know that if we wanted to be a better or even a great tennis player, golfer, singer, writer, public speaker, etcetera, there are ways to become just that. One of the best methods is the “10,000-hour rule” as explained in Malcolm Gladwell’s book Outliers. (If you haven’t read the book, I think it’s a must.) It says you need to put in 10,000 hours at something to become world-class in that field.

From my experience and from what I read, we as humans can do “work outs” and do lots of “practice sessions” with and for our brains, just like we can invest those 10,000 hours to become the best at something. Part of the good news is that, when it’s needed, it doesn’t take 10,000 practice hours to reduce stress.

So, before I get to the good news about how stress isn’t always bad for you and your health, let me just list a few simple techniques that are easy to do to reduce or eliminate stress when you know it isn’t doing you any good:

  1. Take a walk outside.
  2. Take a run in a new neighborhood.
  3. Take a Hike.
  4. Meditate.
  5. Go to a yoga class.
  6. Share your problems or stress with others.
  7. Get a massage.
  8. Take a hot bath or jump in a hot tub.
  9. Do a good deed for someone else.
  10. Give or get hugs and kisses from friends and relatives.

These simple things are easy to do and are well known to work.

Okay, that is all well and good but what about the big shocker I’ve been hinting at? This is something that hit me hard. It has to do with changing a person’s thinking and how what they believe changes their health and life span. It is pretty amazing and I will cover it next week. But in the meantime, de-stress as needed and start getting used to the idea that it’s not always bad to be stressed. Then tune in next week to see what I mean!

The Deadline Motivator

March 10, 2017 by  
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Have you ever noticed how you tend to get very organized and efficient, getting tons of stuff done, when you are preparing to go on a trip? It doesn’t matter if it’s a vacation or a business trip—just any kind of travel with a set time to leave will get you moving. Why does this happen? Because if we are going to catch a plane or train or we have an appointment that absolutely must be kept, then that deadline will drive us and focus us. This teaches us that deadlines can be a very good thing. They push us to be more organized and efficient and get so much more done than we probably even thought we could.

That thought hit me pretty hard the other day as I was hurrying around getting so much done since we were flying out of Kauai on our way back to our Salt Lake City home. Good ole Delta Airlines set a 10 p.m. deadline for me the next day and I had to get a whole list of things done so we could get out on time and not miss our flight. I feel the pressure of this deadline even though I do have a special deal with Delta which is if I am not there on time they can leave without me! Oh, I know you probably have the same deal, ho ho! So, wow, was I ever getting a ton of things done and, for all the pressure that it caused, it also made me feel very good about myself and my life because I was really pushing myself.

I have always thought that setting deadlines is a very good thing since they push us humans to be more productive. Deadlines can and should be used in many parts of our lives. I sure have found that my setting deadlines for certain financial goals was a huge key to my wealth building.

I have found that setting deadlines for health also has been very helpful. If we decide to do a fast or start a workout program and do not set a day and time deadline to accomplish them, there is a very good chance that we will not get very far with those goals.

I guess if you and I lived forever, or even for 500 years, deadlines would not be important or at least not very important. But I did hear a rumor that everyone of us is going to die, so hey, if you want to be more productive, more successful, and live a full life, you better get started now. Set some goals and attach good solid deadlines to get them done. Maybe pretend that you are going to Europe and just cannot miss your flight! And yes, of course, you must write those goals and deadlines down and review and revisit the promises that you made to yourself and stay on target! Because you don’t want to miss your deadline!

 

 

Great Health Can Help You to Great Wealth 

March 3, 2017 by  
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Let me throw out a big challenge to all my readers for this great year of 2017:

LET’S ALL MAKE 2017 THE HEALTHIEST AND MOST FULFILLING YEAR OF OUR LIVES AND BUILD SOME MORE WEALTH ALONG THE WAY!

Ok, just how are we going to do that? Is there an easy way or at least is there a simple way? There are some simple ways but, of course, it does take work. Last week I wrote and preached about the importance of staying busy, which keeps boredom at bay. However, keeping busy can also greatly improve your health and great health can, and does, make it easier to create more wealth.

So now if you and I want much better health, what are some of these simple ways we can get that job done?

As I’ve said many times before, one simple key is to keep moving! And, of course, the other obvious key is eating a very healthy diet. Of course, that sounds simple but we all know the temptations of good tasting food that is very bad for us. I find it very interesting to look and study the numbers of calories that we burn because to burn a lot of calories naturally helps keep our weight where it should be for good health. Movement obviously is better for the body and burns more calories than sitting or lying still, but even just standing burns more calories than sitting.

My very thin wife Kimberly figured this out long ago and I swear I rarely see her sitting–she always stands to work on her computer or to write a letter. Whatever she is doing, she is always vertical and on the move. More and more business people, including my sons, use stand up desks for all their office work every day. And, of course, walking versus sitting is even better for your calorie burning and overall health. Yes, jogging and running is even better but running has been shown to be better if you do it in moderation–so don’t run a marathon every day or every other day. That’s not good.

As I’ve said before, these are the reason that I love my Fitbit. It pushes me to compete with myself and walk and move more and more every day. Last week I did 155,000 steps! Ok, sorry … I’m bragging now. Here are some of the numbers for a 175-pound man. Calories burned totals listed are for 5 days at 8 hours a day.·

  • Sitting 5250 or 131 per hour·
  • Standing 7000 or 175 per hour (So you see why at work it’s a great idea to stand while working.)·
  • Walking 507 per hour·
  • Fast Walking 630 per hour·
  • Jogging 1225 per hour

The above numbers convinced me long ago to walk 3 to 4 hours a day which gives me around 20,000 steps a day. This has given me more energy and great health which in turn has helped me build more wealth along with keeping off the weight!

Although I’ve talked mostly about burning calories by moving and how that can help your health, never forget, when it comes to weight control, activity for calorie burning is important but it is not near as powerful as controlling how many calories go in the mouth.

Now how can great health lead to great wealth?

I think it is obvious, or at least for me it has been. Bottom line is that if you are not healthy and not feeling well, you most likely will not have the mental or physical energy and drive to work on building wealth for yourself. Virtually all my wealthy friends are very healthy, gaining energy and drive from their health, and have been that way most of their lives.

So, let’s all work hard and consistently build better health for ourselves. From that, we can gain more energy and drive to build our wealth to help ourselves and those around us.

Crushing Boredom

February 25, 2017 by  
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As I promised in my last post, I am bringing you my ideas and a list of different and exciting ways to overcome that nasty thing called boredom. Before I get into that list, however, I must share with you some thoughts about boredom and the effect it can have on a marriage.

As I’ve been thinking and writing about boredom I was struck by the thought that boredom may well be a common cause and a big reason why seemingly happy couples get a divorce and why a husband or a wife ends up having an affair when all seemed to be going so smoothly.

My wife and I had a very interesting discussion on this subject just the other morning. Recently we’ve realized that we need to push ourselves to make lists and plan for new and exciting things we should be doing because we have kind of settled into a very routine and ‘same-ole-thing’ pattern. I can’t speak for her but I have been getting quite bored. So, we began to talk about doing new things like going to new restaurants, trying new foods, going to new cities and countries, and trying all kinds of new and different stuff including making new friends.

As we were planning it struck me that it is so very natural for a couple that have been happily married for many years to move into a pattern of living that could easily become very boring. In that state, if a new person with a totally diverse lifestyle and background came along, a bored person could be enticed into thinking this new person was very special, not realizing that the real problem is boredom and that new person is not the answer.

So, okay, maybe a new person would take you out of your boredom for a while but eventually the same boredom will creep right back in. I can see how it can happen to a happy and compatible couple so I think that is an extra reason to spend time putting together a list and planning for new and exciting goals, projects, and fun adventures so as to push boredom away and make sure it stays away.

With that in mind, it’s a good idea to work on your list now. With the internet, it’s really a breeze to come up with a list of stuff that will get you away from boredom and keep you excited and involved with life and all the great things that life can bring. To start, just do a web search for “list of ideas to overcome boredom” or anything similar to that search and you’ll come up with list after list of activities and projects that almost certainly will lift anyone out of boredom.

Here is just a small sample of items gathered from several of those lists that grabbed me. And after that list I’ve complied a short list of items that did nothing at all for me but would no doubt work for some of you. To each his own and we are all certainly different.

So here are the items that grabbed my attention:

  • Take new trips to new cities, countries and places
  • Play tennis (Or, in my case, play more tennis.)
  • Go cycling
  • Take long walks to different places
  • Volunteer
  • Write an autobiography
  • Start a blog (Oops, I already did this one!)
  • Become a tour guide
  • Become a mentor
  • Teach a class
  • Research your family genealogy

And the things that didn’t grab me but might be just the thing for you:

  • Knit
  • Create crafts
  • Take cooking class
  • Go hunting
  • Go fishing
  • Restore old furniture
  • Be a pet sitter
  • Plant a garden
  • Go bird watching

Believe me, you will find dozens and dozens more ideas on the internet plus you can always ask for suggestions from family and friends. Ask them what they think would really appeal to you and would excite and enhance your life. They may see what you need better than you do. So, go ahead and get started on your boredom crushing list right now!

 

Break-Through Journaling

February 10, 2017 by  
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Last week I talked about writing in a journal and I shared that I had written some of my very negative thoughts in mine. These are words and inner feelings that I had never shared with anyone. But what the journaling did for me and these thoughts was amazing.

A few days after writing these thoughts down, I re-read what I had written. Man, oh man … what a powerful reaction I have had in the days since.  It has lifted me up and has enhanced and improved my life almost like magic. I was so very surprised that just those few words that I wrote down on paper could have such a powerful effect on me and my life. Here is what I wrote:

“I didn’t have total follow through yesterday on my writing list of my intentions or goals and in fact I am finding that for a long time now I’ve not lived up to my self-promises and I see that I’ve been so very self-critical and have been berating and beating up myself cause I’m just not perfect like I want to be. I’ve been seeing that I’m very hard on myself and I really don’t forgive myself much although I forgive other people. Maybe that’s why I haven’t been feeling very good for going on two years. Maybe I ought to start forgiving myself and take more baby steps that really can turn into giant progress toward my goals like I’ve preached to my readers of my blog. Hmmm … I need to think about that.”

I was very surprised that, within a few days of re-reading those words, I began to feel so much better and noticed that I was not being so hard on myself. I kept thinking about taking baby steps and so now I am not inclined to berate and beat myself up. I think that this change of mind set must be due to my writing down my inner thoughts and that the act of writing it down changed something in my brain. What a breakthrough!

So, I would suggest you give journaling a chance if you haven’t already. Write down your inner most thoughts, especially the ones that you are struggling with or are getting you down. Then put them away and read them a little while later and see what your brain does with it. I’m sure it will get you to think about it and find a way to help yourself feel better along with being a great way just to get it out of your head and safely down on paper where you can, literally put it away for a while. At least until you are ready for your own journal break-through.10

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