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Saturday, September 27, 2008

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The Law of the Seed

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Take a look at an apple tree. There might be five hundred apples on the tree and each apple has ten seeds. That's a lot of seeds! We might ask, "Why would you need so many seeds to grow just a few more apple trees?" Nature has something to teach us here. It's telling us: “Not all seeds grow. In life, most seeds never grow”.

So if you really want to make something happen, you had better try more than once." This might mean: You'll attend twenty interviews to get one job. You'll interview forty people to find one good employee. You'll talk to fifty people to sell one house, one car, one vacuum cleaner, one insurance policy, or a business idea. And you might meet a hundred acquaintances just to find one special friend.

When we understand the "Law of the Seed", we don't get so disappointed. We stop feeling like victims. We learn how to deal with things that happen to us. Laws of nature are not things to take personally. We just need to understand them - and work with them.

IN A NUTSHELL
Successful people fail more often. But they plant more seeds.
When things are beyond your control, here's something that you must NOT DO so as to avoid misery in your life:
- You must not decide how you think the world SHOULD be.
- You must not make rules for how everyone SHOULD behave.
- Then, when the world doesn't obey your rules, you get angry!
- That's what miserable people do!

On the other hand, let's say you expect that:
-Friends SHOULD return favours. -People SHOULD appreciate you.
-Planes SHOULD arrive on time. -Everyone SHOULD be honest.
- Your husband or best friend SHOULD remember your birthday.
These expectations may sound reasonable. But often, these things won't happen!
So you end up frustrated and disappointed.

There's a better strategy: Demand less, and instead, have preferences!
For things that are beyond your control, tell yourself: "I would prefer this, but if that happens, it’s OK too!" This is really a change in mindset. It is a shift in attitude, and it gives you more peace of mind ...
You prefer that people are polite ... but when they are rude, it doesn't ruin your day. You prefer sunshine ... but if it rains, it is ok too!
To become happier, we either need to:
a) Change the world, or
b) Change our thinking. It is easier to change our Thinking!

IN A NUTSHELL
It is not the problem that is the issue, but rather it is your attitude attending to the problem that is the problem. It's not what happens to you that determines your happiness. It's how you think about what happens to you!



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Thursday, September 25, 2008

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Synergy Creates Energy

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Living by comparison is fatal vision, for always there will be those who appear better off and worse off than ourselves at any given moment in time.

In truth, there is no such distinction as superior and subordinate. We all have unique talents that will blossom and flourish when nurtured.

In past decades, there was a more "look out for number one" and "don't bring in people who might want your job" style of leadership. You generally would hire those people who would do as they were told and who wouldn't challenge your ideas or authority. This type of thinking led to bulging bureaucracies and mediocre middle management that accomplished little.

This mind-set also created a scarcity mentality that there wasn't enough to go around: so don't share ideas, don't brainstorm with others who might steal your concepts, and above all, don't help your coworkers or employees succeed. We have seen that this approach clearly will not work in the global marketplace of the knowledge age.

Today the challenge is to establish networks, strategic alliances, synergistic relationships, and ad hoc teams to solve problems and help everyone accomplish their goals. You now look for those people who are not satisfied with the status quo, who are striving for excellence and have talents and abilities that you don't.

This requires that you "check your ego at the door" and that you don't get intimidated by others who may have different talents or strengths than you do. This is what synergy is all about. As we value the differences and look at truly working together, one plus one really can equal three or even more.

This week, focus on "working with others" rather than "competing against others."

[Source: www.jimrohn.com, by Denis Waitley]


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Wednesday, September 24, 2008

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The 7 Steps to Happily Ever After

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Step 1: Find a shared dream for your life together.
Step 2: Ignite (and reignite) a sexual connection.
Step 3: Choose each other as your first family.
Step 4: Learn how to fight right.
Step 5: Find a balance between time for two and time for you.
Step 6: Build a best friendship.
Step 7: Face down a major challenge together.

Details can be found at MSN Life
[Source: MSN LifeStyle: Hearst Communications, Inc.]


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Monday, September 22, 2008

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What Traders Can Learn From Women

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One fascinating realization I have come across during my years as a private trading coach and instructor is how different female and male traders can approach, analyze and trade the markets. Without offering outrageous generalizations, it has been my experience that women possess a particularly logical mindset that can give them a substantial advantage in market speculating. Simply, the trading method I developed and use quantifies the supply/demand and human behavior relationship that ultimately determines price in any market. It is based on a very objective and mechanical set of criteria. In other words, the goal is to learn the method and then simply follow the rules. The female mind has a much easier time doing this than the male mind. Here is an example of how this works.

I recommended a trading idea to buy AMD at a certain price based on anticipatory analysis. One of my female students took the trade and did well with it, while a male client saw the trade but did not enter it. I had discussions with the two of them, and the conversations were truly fascinating - how could two human set of eyes look at the exact same chart, be told exactly what to do, and yet, treat the trading opportunity so very differently? For privacy purposes, we'll call them Lucy Logic and Eddy Emotion. So, here's the scenario: AMD had been declining to an area of support (demand) from where it had recently rallied. Eddy quickly asked me what I thought of the opportunity, and Lucy did not. Eddy then asked if I thought the support (demand) level would hold and produce a reversal, or would prices decline through it? Lucy would never consider asking that question with any trading opportunity because she knows it's a waste of time trying to predict the future. Eddy doesn't feel the same way. But let's face it - No one on earth knows for sure if the support will hold. All we can do is properly assess the odds and risk. If the odds are stacked in our favor and the risk is acceptable, we take the trade. When the trade was nearing our entry level, Eddy abandoned objective thought and gave into emotions that still control his decision-making process today. Lucy remained logical and objective. Instead of worrying about what may or may not happen at support (over which no one has control), she explained to me why a high-odds/low-risk trading opportunity was at hand. She said that sellers were now selling after a multi-day decline and into an area of support (demand), exactly where the consistently profitable trader would be buying, not selling. When her entry price was reached, she took the trade with a low-risk stop in place and an objective target identified. She ended up profiting nicely on the trade. Eddy never entered.

How can we all benefit from this information? It is clear to me that females in general don't worry all that much about things that are not in their control, and this allows them to naturally focus on the objective information, which is key in successful trading. In trading, it is the objective and logical mindset that gets paid from the subjective emotional mindset. I have found that the difference between mindsets is most evident at a specific time. When a trading opportunity arises and it is time to take action, the female mindset tends naturally to execute the trade that has been planned out. At the same precise time, the male mindset tends to drift to subjective and emotional thought, which can lead to trouble. It appears that, again generally, the female mind has the naturally logical mindset needed to understand the material quickly, whereas the male mindset has difficulty keeping things simple, naturally trying to complicate the process. An example would be to constantly add subjective indicators and oscillators that can lead to trouble for any trader. What validated my thoughts on this topic are what my female clients and other successful male traders out there have in common. Each of them share two common traits. First, they realize the power of human emotion and that a trading plan absolutely must be followed. Second, the successful male clients I have worked with have the ability to not let subjective information enter into their brains. It is almost as if they have a special filtering process going on when they read trading books, take seminars and courses. In other words, successful male traders succeed with tools a female brain naturally possesses.

From my experience, men tend to be focused on trying to predict the future whereas a woman uses simple logic to consistently make the correct choice. They have the natural ability to keep things objective, simple and logical. The man tends to have trouble in these areas, which can make trading for him more difficult than it has to be. This is no different than how men and women make choices in other parts of life outside of trading. Though trading is still a career dominated by men, I would expect this to change in the near future for a few reasons. First, the barrier to entry is not what it was years ago. Second, from my experience, the female mindset is likely to last longer in a trading career than a male mindset, as a woman's mindset is much more suited for the challenging task of consistently profitable trading.

[Source: Online Trading Academy, by Sam Seiden]


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Thursday, September 18, 2008

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Beauty of Math

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1 x 8 + 1 = 9
12 x 8 + 2 = 98
123 x 8 + 3 = 987
1234 x 8 + 4 = 9876
12345 x 8 + 5 = 98765
123456 x 8 + 6 = 987654
1234567 x 8 + 7 = 9876543
12345678 x 8 + 8 = 98765432
123456789 x 8 + 9 = 987654321

1 x 9 + 2 = 11
12 x 9 + 3 = 111
123 x 9 + 4 = 1111
1234 x 9 + 5 = 11111
12345 x 9 + 6 = 111111
123456 x 9 + 7 = 1111111
1234567 x 9 + 8 = 11111111
12345678 x 9 + 9 = 111111111
123456789 x 9 +10= 1111111111

9 x 9 + 7 = 88
98 x 9 + 6 = 888
987 x 9 + 5 = 8888
9876 x 9 + 4 = 88888
98765 x 9 + 3 = 888888
987654 x 9 + 2 = 8888888
9876543 x 9 + 1 = 88888888
98765432 x 9 + 0 = 888888888

Brilliant, isn't it?

And look at this symmetry:

1 x 1 = 1
11 x 11 = 121
111 x 111 = 12321
1111 x 1111 = 1234321
11111 x 11111 = 123454321
111111 x 111111 = 12345654321
1111111 x 1111111 = 1234567654321
11111111 x 11111111 = 123456787654321
111111111 x 111111111=123456789 87654321


Now, take a look at this...

101%

From a strictly mathematical viewpoint:



What Equals 100%? What does it mean to give MORE than 100%?

Ever wonder about those people who say they are giving more than 100%?

We have all been in situations where someone wants you to GIVE OVER
100%.

How about ACHIEVING 101%?



What equals 100% in life?



Here's a little mathematical formula that might help answer these
questions:


If:

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



Is represented as:

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26.


If:


H-A-R-D-W-O- R- K

8+1+18+4+23+ 15+18+11 = 98%


And:

K-N-O-W-L-E- D-G-E

11+14+15+23+ 12+5+4+7+ 5 = 96%


But:

A-T-T-I-T-U- D-E

1+20+20+9+20+ 21+4+5 = 100%


THEN, look how far the love of God will take you:


L-O-V-E-O-F- G-O-D

12+15+22+5+15+ 6+7+15+4 = 101%


Therefore, one can conclude with mathematical certainty that:

While Hard Work and Knowledge will get you close, and Attitude will
get you there, It's the Love of God that wi ll put you over the top!


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Experience the Power of Serendipity

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I recently attended an executive retreat that included a few of the world's most brilliant communicators. Personally, I was there to discover, explore, and confirm my intuitive beliefs about how business should be done in this post-modern era. However, I experienced serendipity when I bumped into three executives from my previous employer.

For more than two days we shared very openly and honestly about the state of the world, business, politics and life. They asked me tough questions. We debated the content of each presentation we heard, and each person's opinion was respected.

What meant the most to me was that they affirmed me. At that particular time, I just needed to know that someone believed in what I am doing. This encounter with these three individuals came at the exact moment I most needed to hear what they had to say. It was the epitome of serendipity.

The best way to explain this five-syllable word is "happy accidents" or as Joe Jaworski describes in his book Synchronicity: The Inner Path of Leadership, "Serendipity is when you go to a place, a setting, or a meeting expecting a certain outcome and discover something entirely different because you are open and are present to the moment."

"Perceptions of Serendipity" was an article published in the Journal of Counseling Psychology. It states, "Career analysts find that 83% of midcareer professionals believe chance (serendipity) played a significant role in their ultimate career path and that they highly value staying open for unexpected opportunities."

I invite you to be open and aware of serendipitous moments as you release your brilliance.

[Source: www.simontbailey.com, by Simon T. Bailey]


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Wednesday, September 10, 2008

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The Great Leadership Challenge

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If you want to be a leader who attracts quality people, the key is to become a person of quality yourself. Leadership is the ability to attract someone to the gifts, skills, and opportunities you offer as an owner, as a manager, as a parent.

What's important in leadership is refining your skills. All great leaders keep working on themselves until they become effective. Here are some specifics:

Learn to be strong but not impolite. It is an extra step you must take to become a powerful, capable leader with a wide range of reach. Some people mistake rudeness for strength. It's not even a good substitute.

Next, learn to be kind but not weak. We must not mistake weakness for kindness. Kindness isn't weak. Kindness is a certain type of strength. We must be kind enough to tell someone the truth. We must be kind enough and considerate enough to lay it on the line. We must be kind enough to tell it like it is and not deal in delusion.

Next, learn to be bold but not a bully. It takes boldness to win the day. To build your influence, you've got to walk in front of your group. You've got to be willing to take the first arrow, tackle the first problem, discover the first sign of trouble. Like the farmer, if you want any rewards at harvest time, you have got to be bold and face the weeds and the rain and the bugs straight on. You've got to seize the moment.

Here's the next step. You've got to learn to be humble but not timid. You can't get to the high life by being timid. Some people mistake timidity for humility. But humility is a virtue; timidity is a disease. It's an affliction. It can be cured, but it is a problem.

Humility is almost a God-like word. A sense of awe. A sense of wonder. An awareness of the human soul and spirit. An understanding that there is something unique about the human drama versus the rest of life. Humility is a grasp of the distance between us and the stars, yet having the feeling that we're part of the stars.

Here's a good tip: Learn to be proud but not arrogant. It takes pride to build your ambitions. It takes pride in your community. It takes pride in a cause, in accomplishment. But the key to becoming a good leader is to be proud without being arrogant.

Do you know the worst kind of arrogance? Arrogance from ignorance. It's intolerable. If someone is smart and arrogant, we can tolerate that. But if someone is ignorant and arrogant, that's just too much to take.

The next step is learning to develop humor without folly. In leadership, we learn that it's okay to be witty but not silly; fun but not foolish.

Next, deal in realities. Deal in truth. Save yourself the agony of delusion. Just accept life as it is. Life is unique. The whole drama of life is unique. It's fascinating.

Life is unique. Leadership is unique. The skills that work well for one leader may not work at all for another. However, the fundamental skills of leadership can be adopted to work well for just about everyone: at work, in the community, and at home.

[Source: www.jimrohn.com, by Jim Rohn]

Educate yourself more on leadership skills:


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Thursday, September 4, 2008

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Three Things in Life

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