Monthly Archives: January 2016

Words of Wisdom from Warren Buffet- 1

 

 

find your passion phrase handwritten on the school blackboard

Warren Buffett is the third richest man in the world, with a net worth of $47 billion.  Here, I shares his keys to success (one of them being that money, fame or attention is not the only way to be successful).  Buffet knows all about success– he was this century’s most successful investor and also named one of the most influential people in the world by Time Magazine. Here are his words of wisdom for you:

 

1) Find your passion

You’re a lucky person if you what you do for a living is also what you’re most passionate about.  Not all of us get to follow our passions.  If your job and your passions coincide, you’ve been very blessed.  Be grateful for it and go to work with a smile everyday.

 

2) Hire well

Buffett says when you are tasked with hiring someone, you should look for three things: integrity, intelligence and energy.  If you find a candidate with all three, don’t let them go.  You’ve found a good one.

 

 

3) Don’t care what others think about you

Buffett says the way he stays on top is by only talking about things he knows about– sticking to what he calls his ‘circle of confidence.’ If he’s wrong, he’ll admit it and he’ll go back and look at the facts.  But, it’s important to not be overly concerned with what other people are thinking about you.  It’ll only drag you down.

 

4) Read, read, read

The best way to educate your mind and stimulate your brain is by reading all the time.  Reading forces you to concentrate, to process information and to think deeply about subjects.  Buffett says he reads about 5-6 hours every day– newspapers, magazines, books, manuals, reports and so forth.

 

5) Have a margin of safety

Buffett makes a comparison of driving a truck weighing 99,000 pounds across a bridge that can only handle 100,000.  It’s much safer to find another bridge that can hold much more weight.  The same can be said for investments and risks.  Don’t run the risk if you have a high chance of breaking the bridge.

 

Hope you found this useful…I have a few more tips from Warren Buffet and will be sharing these soon.

Photo credit: Iculig | dollarphotoclub

Ready, Set Goal!

a child plays in the astronaut

 

My son and I were driving in the car when he reached over and turned off the radio.

He took a deep breath and said, “Mom I think I want to be an engineer when I grow up.” I smiled and stated that he could be whatever he wants to be if he sets his mind to it.

This conversation sparked the idea of how important it is for parents to not only encourage their children’s passions and dreams but also to set goals or plans to achieve them.

Setting goals is such an important element to raising a well-rounded child.

It gives them the skills, know-how and confidence to reach towards something that is important to them.

It is also a very useful skill that will most likely carry over into adulthood. Goal setting teaches our children to push themselves and break out of their comfort zones.

It also allows them to try new things and devise a plan to accomplish this goal.

Here are a few tips on how to teach your children to set a goal and achieve it:

1) Be Specific

Make sure your child sets a specific goal. For instance, if they set the goal to be a good student, encourage them to get a little more detailed. Having a goal to get straight A’s would be a good example of a specific goal.

2) Short-Term Goals and Long-Term Goals

It is also important to explain the differences and benefits of having both short-term goals and long-term goals.

Examples of short-term goals are: getting a good grade on a test, making a new friend, learning a new hobby, or saving their allowance to buy a small toy.

Examples of long-term goals are: getting perfect attendance all year, saving up for a new bike, performing in a school play, or learning how to play an instrument.

Helping your child to set short-term goals will not only be good practice for planning and achieving their long-term goals, but it will also assist with their self-esteem building and confidence when setting larger goals.

Teaching your children to set long-term goals will assist them with focus and motivation to keep moving towards their long-term goal vs instant gratification.

3) Plan On It!

Teaching your children to plan small steps towards their goals, will help them to stay focused and on track.

Breaking down goals into smaller steps will also help your child visualize the necessary effort and expected time it will take to achieve their goal.

A fun way to incorporate a plan for their goal is to make a Goal Chart.

This is a fun activity that you and your child can do together, and this can also assist in helping your child set an expected timeline for their goal.

 

4)  Fail-Forward

Fail Forward is a phrase we don’t use enough.

My father always told me that there is no such thing as failure as long as you learned something from your unexpected outcome and didn’t give up.

He explained that failure wasn’t a setback, but rather a step forward to achieve eventual success. You need to learn from each supposed “setback” and apply these lessons to your next opportunity.

For example, if your child sets a goal to be on the football team and he doesn’t make the team; encourage him to continue training for tryout next year or try out for another school activity that interests him.

By doing this, you are ensuring your child is not discouraged from trying new things and explain to them that sometimes when we don’t achieve the particular goal in mind, we can either work harder to achieve this goal or in some cases, a new opportunity may present itself.

By putting yourself out there and trying new things; new opportunities can arise. The important lesson is to continue learning and moving forward.

3) Be Flexible

As parents, it is important that you help your child realize that although a plan is now in place to achieve their goal, sometimes there will be obstacles or challenges along the way that they may not expect.

Let them know that there is more than one way to achieve a goal and when an obstacle presents itself, not to be discouraged, but rather open to the possibility of another way to achieve their goal.

Allow your child to think of a new solution or plan if confronted with an obstacle.

It is important that we help our kids and have open communication, but give your child the chance to brainstorm before assisting.

This will help with the development of their problem-solving skills and confidence.

 

4) Praise Them

Let your child know how proud you are of them as they move towards their goal as well as when they accomplish it.

Positive-reinforcement and recognition of achievements can go a long way with a child’s growing self-esteem, giving them the confidence to try new things.

 

Remember it’s not just the achievement of the goal that is important; it’s what your child learns and gains along the way that helps them grow!

 

Photo credits: dreamtime

10 Practical Success Tips From Oprah Winfery

 

rise and improvement  concept

I don’t think there’s a person in the world who hasn’t heard of Oprah Winfrey and her incredible success as a daytime talk show host, actress, and philanthropist.  She overcame difficult circumstances early in life in order to chase her dreams and she’s a person of integrity who never ever gave up.  She’s now worth billions. As the saying goes “successful people leave clues”,  below are some of her proven tips.

 

1. Understand the right next move

If you want to move forward in life, but are being faced with problems and difficulties, the best thing to do is calmly choose the right next move.  Then move forward and pick the right next move again and again.

 

2. Seize your opportunities

Oprah claims she doesn’t believe in luck.  She says that luck is “preparation meeting the moment of opportunity.”(2)  When you are prepared for your moment, magical things happen.  You will have experiences in your life that will prepare you for your magical moments.

 

3. Realize we all make mistakes

Oprah reasons there’s no reason to hold yourself hostage to who you used to be.  You can change.  You can adapt.  You can overcome your past.  You don’t have to be that person anymore. The sooner you accept that you can change and become better, you will grow in grace as you realize that everyone makes mistakes in life– and that’s ok.

 

4. Work on yourself

The best way to keep going is to keep your own cup full– which means you are actively building yourself up.  Oprah encourages you to find your power, your gifts, and your talents and then to work to improve those things about yourself.

 

5. Run the race as hard as you can

Oprah’s advice for getting ahead is to stop worrying about what your competition is doing. Don’t look back while you’re running to see how close they are.  Don’t even worry about them!  You run your own race and run it as hard as you can(3) and everything will work out.

 

6. Believe

Oprah recalls a time as a child when her grandmother was hanging clothes on a line and telling her to pay attention because someday she would have to hang clothes on a line too. Oprah says she was only 4 or 5 years old at the time, but in that moment, she knew that would not be her life.  She just knew that she would do more and be more and wouldn’t be hanging clothes on a line to dry.  She believed in herself from that day forward.

 

7. We are all seeking the same thing

As humans, we are all trying to find our highest, truest self.  Oprah’s success came in large part because she was able to recognize early on that no person was better or worse than she was, but that we are all seeking the same thing (4) and that we are all equal.

 

8. Find your purpose

“If you don’t know your purpose, then that needs to be your number one goal.”  Life without purpose is a life that wanders to and fro without any goals or objectives and without really accomplishing anything.  Figure out what your purpose is– why you were sent here– and then do it!

 

9. Stay grounded

Oprah’s show, and all the other things she’s gone on to do because of it, came because she was always able to stay grounded.  Her greatest desire was to connect with other people, to show them compassion and kindness and her viewers could relate to that.  Be the kind of person that other people look up to you (5) and you will do a great deal of good in this life.

 

10. “Relax, it’s going to be ok.”

Oprah wrote a letter to her younger self and in it, she recalls when she landed her first big job as a reporter.  In a photo, she looks calm and smiling, but on the inside she was feeling very nervous.  Oprah tells her younger self to just, “Relax girl, it’s all going to be ok.”  It’s easy to worry and stress, but remember that you will look back with fondness on those moments.  They are the moments that make you who you are.

References

2.  http://www.fastcompany.com/3051589/secrets-of-the-most-productive-people/the-key-to-oprah-winfreys-success-radical-focus

3. http://thebestyoumagazine.co/cover-story-oprah-winfrey-the-name-of-success/

4. http://www.forbes.com/sites/clareoconnor/2012/09/18/the-education-of-oprah-winfrey-how-she-saved-her-south-african-school/#2715e4857a0b3e88acdf399d

5.http://addicted2success.com/entrepreneur-profile/why-oprah-winfrey-is-so-successful/

5 Ways to Accomplish Any Goal

5 Ways to Achieve any Goal_image_01_800X600

 

You are frustrated!

You passionately desire to move from where you are to that grand goal you have set for yourself.

The only problem is that you seems to fall short of reaching your goal every single time. The passion just seem to die off over time.

You are perplexed! What happened?

You started out with so much excitement, your goals and the thought of accomplishing them put a spring on your steps every single time.

Somewhere along the line things changed and you simply lost track of time!

You wonder what you could have done differently.

Well, your frustration is understandable and the good news is the scenario can change. Incorporating these 5 proven steps will help you accomplish your goals every single time.

1. See your goal regularly: Have you ever set out to do something you were really excited about? But 2 months after setting the goal you forgot all about it?

The energy simply wore off after a short time simply because you stopped seeing it.

Take for example you want to run a half-marathon in 8 months. You start running 3 times a week, all excited and motivated. How long do you think the excitement will last? The only way to keep the excitement on till you accomplish the goal is to find a way to keep the goal before your eyes.

Get creative about this. As the saying goes “out of sight is out of mind”. Keep your goal in sight.

“Review your goals twice every day in order to be focused on achieving them.” – Les Brown

2. Set a date to accomplish the goal. Just imagine setting a goal without a date to accomplish it.
How do you pace yourself?

How do you measure success?

Truthfully, it is not a goal unless a complete by date is defined.

If you plan to run a half marathon in 6 months, the frequency of your run on a weekly basis will be different from it will be if you have a year to train for the same race.

Set the date, write it down and now make a plan to achieve the goal.

3. Map out a plan and set your daily routines: You have set the goal and know when you want to accomplish it.
What do you need to do on daily basis to accomplish your goal?

Let’s stay with the half marathon example. If you plan to run a race in 6 months, what training regimen do you need to follow?
How many miles do you need to run on a weekly basis to develop the endurance you need for a long race?

Depending on how many miles you need to run on a weekly basis you, you can now set the number of miles and frequency of run every week.

The same principle applies to any goal you have. You need to map out a plan to accomplish your goal, in great details.

Take a moment to think about it. What do you need to do on a daily basis to make your dream come true? Write it down.

Going from where you are to where you want to be requires a strategic plan so go for it.

“Setting a goal is not the main thing. It is deciding how you will go about achieving it and staying with that plan.” – Tom Laundry

4. Find an accountability partner: get someone who can keep you accountable, or encourage you towards your goal.

A coach, a trainer, or a friend. Anyone that believes in your dreams that can support your endeavors.

If you want to lose weight, you might want to get a trainer who will work with you and keep you on track. Or a friend you can discuss your dietary choices with on a regular basis. Create a strong support system around yourself.

5. Stay motivated: celebrate little victories. Your goal is to run a half marathon but celebrate your first 5k race as you start preparing for a 10k. The quick wins provide a sense of progress and encouragement.

Let the frustration you have experienced energize you to embrace the change you need wholeheartedly.

Moving from wherever you are to where you want to be takes determination and strategically mapping a plan to move towards your dream.

You have all it takes to get things done, stay with it and bring out the best in you.

“What you get by achieving your goals is not as important as what you become by achieving your goals.”- Zig Ziglar

 

 

This post was originally published  on Everyday Power Blog by Bola Olayanju