Ads By CbproAds

Welcome to Live a Beautiful Life!

We share tips and ideas to make the everyday person keep sane and more productive in achieving his/her dream life.

Your Ad Here
Showing posts with label business. Show all posts
Showing posts with label business. Show all posts
Tuesday, June 30, 2009

Labels: , , ,

Masterminding Guidelines: Steps to an Effective Mastermind Group

2 comments

1. The average group works best with two to eight members, no more than 12 - time is the constraint.

2. Meet regularly, weekly if possible. Meet in a nice, preferably inspirational place if possible. Make sure it's a well-lit restaurant, office, home, library, or church, etc.

3. If you are in different cities, the meeting can be conducted on a conference call. Make certain you engage a really good conference call company (setting up a series of 3-way calls does not work well.) You might save a few pennies but miss a million dollar opportunity through distractions.

4. Start the meetings by reading the MasterMind principles. This is possibly one of the most important points of a call. Every member of the group should read aloud all 7 principles and the dedication and covenant.

5. Each member should be supported visually, verbally and emotionally by the others. For example: someone wants a new home. Other members might say, "I see you driving up to your glorious new home. I see you sunning yourself poolside with your loved ones, friends and me."

The principle is that we can believe for others what they cannot fully believe for themselves. These are not idle words. You must create and project to the MasterMind a clear vision that the words represent.

6. Your MasterMind call should run like a "Swiss watch." Ensure the call is timely. If you have committed to a 60 minute call, keep it within that time frame. MasterMind members are generally extremely busy, time is important - use it wisely. Each group should elect a MasterMind leader to keep everything flowing freely.

The leadership position can rotate from one member to another. The group leader should be prepared to time each person's participation in the call to ensure it is kept on track. Have a watch (with a second hand) or stop watch available. This point is extremely important (do not treat it lightly).

7. Roll Call - The group leader would take a roll call and at that time, would assign each person a number (i.e. if there are 6 people on the call, each person would have a number from 1-6). This numbering system can be used to designate who speaks when and should be rotated with each call to ensure #1 doesn't always speak first.

8. Good News - Starting with whichever number is designated for that particular call; each person would be allowed 1 minute to speak about something very positive. They will share their "win for the week." This will help in creating the right vibration to get the call started in a positive direction.

9. Wants and Needs - Again, starting with whichever number has been designated to begin first, each person would have 4 minutes (the group would decide on the length of time) in which to state their wants and needs and receive their responses. It might sound like, "This is John. This is what I want and this is what I need." Or, "This is John. This is a challenge I'm facing and I would appreciate the help of my MasterMind group."

It's important that everyone understands that the designated amount of time allotted is both to state their want/need and to receive the group's response. Therefore, if someone is not prepared for the call and it takes them 3 ½ minutes to state what they need, it allows the group only a ½ minute to respond.

Each MasterMind member needs to be prepared for the call - to ensure maximum benefit. At the end of the 4 minutes, it would be the team leader's responsibility to say "Time is up," and the discussion would come to halt. The second person would be asked to begin.

10. Depending on the "chosen" length of your call, you may decide to leave room for a "free for all" at the end, at which time anyone and everyone would have a chance to speak.

11. A special MasterMind meeting may be called at any time to MasterMind an exciting new project.

[Source: www.sixminutestosuccess.com, by Bob Proctor]

If you enjoyed the article you just read from Bob Proctor, you'll definitely want to take a moment to learn more about his life-changing program Six Minutes to Success at http://www.sixminutestosuccess.com/


Read more...

buy Buy 1d a cuppa chocolate!



Share This Post:

Digg Sphinn del.icio.us Facebook Mixx Google Bloglines Ask De.lirio.us Reddit StumbleUpon Ma.gnolia Technorati YahooMyWeb Newsvine co.mments e-mail Furl WindowsLive Slashdot Simpy SphereIt Spurl blinkbits BlinkList PlugIM Diigo Bebo Twitter
Thursday, June 11, 2009

Labels: , , , , , ,

How to Recover from Losses in Forex Trading

0 comments

Joe Ross' Biggest Loss in Forex

(…) You wrote about the experience of losing $45,000 in about twenty minutes, and the fact that with support of your wife, you managed to forgive yourself. How do you think the ability to forgive oneself can help a young trader?

The ability to forgive yourself is incredibly important. Jesus said that you will be forgiven if you forgive others. So it is a two part thing. Many traders have never forgiven someone from their past. (...)

(...) One night in the Bahamas, where I was living at the time, we were sitting with another friend of mine who is a psychologist. We were talking about trading, all relaxed, enjoying a beer. Very subtly, in a way you wouldn’t realize, this psychologist was probing into this trader. He began asking him questions, and it finally came out that when he was a boy, his father kept telling him that he was no good; that he would always be a failure. His father was a completely negative influence. (...)
(...) Most people do not know who they are. They think they know. They believe what other people say about them, but they never really look deeply into what is holding them back. When a trader can not pull the trigger on a trade, there is something there, something very deep that may go way back (quite often to early childhood) that keeps him or her from winning. They have an image of themselves as a failure. A person who has that image is defeated before starting. That person needs either a cure, or to stop trading, or both.

People may have internalized those losses long before they come into the market, but it is the stress and pressure of the market that brings it out. It is usually something they buried a long time ago. They no longer remember it. They need to examine themselves to see why it is they can not win. It might have been a lost fist fight in school that changed their self-image. They may have been betrayed by someone they thought was a friend. They may not remember it, or do not want to remember it. But when they get into the market, the hurt and the pain is brought out. Little crazy stupid things can have such a huge impact on a person’s trading.

It is a remarkable thing how psychology, mindset, and emotions play a part in our success or failure (…)

For the full articles, please refer to Forex Market Masters

For more articles on forex trading, please visit FX Journal


To Your Profitable Trade,

Live a Beautiful Life


Read more...

buy Buy 1d a cuppa chocolate!



Share This Post:

Digg Sphinn del.icio.us Facebook Mixx Google Bloglines Ask De.lirio.us Reddit StumbleUpon Ma.gnolia Technorati YahooMyWeb Newsvine co.mments e-mail Furl WindowsLive Slashdot Simpy SphereIt Spurl blinkbits BlinkList PlugIM Diigo Bebo Twitter
Saturday, November 11, 2006

Labels: , , , ,

Rich Dad Poor Dad book Review

1 comments

Read this book and take action advised if you want to become financially freedom.

The Big Idea

E B
S I
The letters in each quadrant represent the Employee, Self-Employed, Business Owner, and
Investor. Discover how to move from the left side to the B and I Quadrants, where you work less,
earn more, pay less taxes and have more free time to spend with your loved ones!

It helps to take some courses to gain financial literacy; rich dad stresses the importance of learning -

  • Accounting. It pays to know how to read financial statements. When acquiring businesses or assets you need to quickly see the financial standing of the company you are acquiring. Many grown adults do not know how to balance a balance sheet. In the long term, this knowledge will pay off for you and your business.
  • Investment Strategy. This skill will sharpen with experience. Talk to investors and observe how they play the game. Kiyosaki and Mike spent many boyhood hours sitting in on Rich Dad's meetings with brokers, accountants, and attorneys.
  • Market Behavior . Know the laws of Supply and Demand. No business owner can do without understanding these basic principles of the market. Bill Gates saw what people needed. Open your eyes to opportunities. Look at what sells and who buys.
  • Law Kiyosaki recommends doing everything you can to grow your business within legal boundaries. Know your corporate, state, and accounting laws.


Read more...

buy Buy 1d a cuppa chocolate!



Share This Post:

Digg Sphinn del.icio.us Facebook Mixx Google Bloglines Ask De.lirio.us Reddit StumbleUpon Ma.gnolia Technorati YahooMyWeb Newsvine co.mments e-mail Furl WindowsLive Slashdot Simpy SphereIt Spurl blinkbits BlinkList PlugIM Diigo Bebo Twitter

Your Visitor Number

Sign up for PayPal and start accepting credit card payments instantly.