Wednesday 28 May 2008

Keeping positive

If you study entrepreneurs who have been successful , or people who have become successful in any field you'll find that they all posses one thing, and that is a positive outlook. Certainty traveling the road of self- employment or entrepreneurs is not an easy one- many struggled for years to become successful, many made a fortune then lost it again before working out how to keep their wealth. But, they all see the bigger picture, if I may use my gardening analogy again, if you got an allotment that had been left to fill with weeds, you wouldn't expect it to become a beautiful and productive plot immediately. You would imagine how you want it to be in the future and this would make all the weeding, digging and hard work much more palatable.

It is this long-term view and vision that drives successful people to endure hardships (or delay gratification) that they know will produce the result they want in the future. People as diverse as Richard Branson, Anita Roddick, mother Teresa all had/ have long term vision which kept them going when things got tough.

Finding ways to see the bigger picture to keep you going when things get tough is a vital part to being successful in whatever field you want to excel in.

MAGIC MONEY!

Wednesday 21 May 2008

Keeping ehtical

Making money can sometimes become such an obsession with some people that ethics are forgotten or ignored. Obviously, different people have different ethics and ways of creating wealth.

Anyone can make money by being ruthless and heartless- that is not a challenge, it's a weakness. I think the real challenge is integrity and remaining as ethical as possible- in other words, realising that money is a tool and not the whole reason for living! Ultimately, there comes a day when you are in the autumn of your life, do you want to be remembered as someone who got really rich, or as someone who made positive change in this world as they grew wealthy.



MAGIC MONEY!

Monday 12 May 2008

Want success- you need targets!

So, you've decided that you want to up your income, or add another stream of income to your main one (which is wise as jobs are not secure). The problem is, many people, myself included, just have this as a vague idea and flounder around wasting energy and getting nowhere.

The big secret, if you can call it a secret is TARGETS!

When I say, targets, I mean concrete, written targets of just how much money you wish to make or save each week, month, year and so on- without targets, you're unlikely to get started and that vague idea remain just that, a vague idea!

So, what makes a good target?

All targets and goals need to be SMART

Specific
(not I'll make a bit of extra income, but- On the week ending 11 May I will earn an extra £5)

Measurable
(I made a bit more cash, but- on the week ending 11 May I made £3, target was £5)

Achievable
(Not, I'll make a million pounds in a year- something that is achievable for you- but this will change- you can demand more of yourself as you learn0

Realistic
(Similar to achievable- have realistic expectations so that you get success and keep motivated)

Time- bound
(This is where you have specific targets to be achieved on a specific time/ date)

By ensuring all your targets meet the SMART criteria, you are much more likely to achieve them. The other vital element is that you write these targets down- writing something down makes it much more likely you will do them, it makes an idea into something concrete.

Start small and build as you gain experience- you need to have some successes to feel motivated, also you need to be able to deal with set-backs and keep going- that is what successful people do- and you are one!


MAGIC MONEY!