THE21 SUCCESSSECRETS OF$ELF-MADEMILLIONAIRE$

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Determine Your Highest Priorities and Concentrate on Them SingleMindedly “A double minded man is unstable in all his ways.” Do what comes to your hand to do. —BRIAN TRACY WHEN YOU DEVELOP the habit of setting priorities and concentrating single-mindedly, you will be able to accomplish virtually anything you want in life. This core strategy has been the primary reason for high income, wealth creation, and financial independence for thousands and even millions of people. Your ability to determine your highest priority and then to work on that high priority until it is completed is the primary test and measure of your willpower, self-discipline, and personal character. It is the hardest habit to develop but also the most important if you want to be a big success. Here is the formula. Make a list of everything you have to do before you begin working toward any goal. Set priorities on that list by asking yourself four questions, over and over. Question number one is, What are my highest value activities? What do you do that is more valuable than anything else to your work and your business? Question number two is, Why am I on the payroll? What exactly have you been hired to accomplish? Focus on results, not activities. Question number three is, What can I and only I do that, if done well, will make a real difference? This is a particular task that only you can do. If you don’t do it, it won’t get done. But if you do do it and you do it well, it can make a significant difference in your business or your personal life. What is that task? Question number four is, What is the most valuable use of my time right now? There is only one answer to this question at any time. Your ability to determine the single most valuable use of your time and then to start on that task is the key to high productivity and financial success. Finally, commit to working single-mindedly on one task, the most important task, and staying at it until it is 100 percent complete. Persevere without diversion or distraction. Push yourself to keep working at the job until it is done. The good news is that by continually setting priorities and concentrating on your highest value tasks, you will soon develop the habit of high performance. This habit will then become automatic and will virtually guarantee you great success in life. This one habit alone can make you a self-made millionaire. ◆ ACTION EXERCISE Identify the most important thing that you can do right now to achieve your most important goal and then discipline yourself to do that, and only that, until it is 100 percent complete. Your ability to do this, and this alone, can change your whole life Develop a Reputation for Speed and Dependability Do your work; not just your work and no more, but a little bit more for the lavishings sake, that little more which is worth more than all the rest. —DEAN BRIGGS TIME IS THE currency of the 21st century. Everyone today is in a tremendous hurry. Customers who did not even know that they wanted a product or service now want it yesterday. People are less and less patient for anything. Loyal customers will change suppliers overnight if someone else can serve them faster than the people they are already dealing with. Instant gratification is no longer fast enough. Your job is to develop a reputation for speed. Develop a “sense of urgency.” Develop a bias for action. Move fast on opportunities. Move fast when people want or need something. Move quickly when you see something that needs to be done. When your boss or your customers ask you to do something, drop everything else and do it so fast that they are amazed. You have heard it said that “Whenever you want to get something done, give it to a busy person.” People who have a reputation for moving quickly attract more opportunities and possibilities to them. They get more chances to do more and more things faster than other people who just do a job when they get around to it. When you can combine your ability to select your highest priority task with the commitment to getting it done quickly and well, you will find yourself moving to the front. More doors and opportunities will open for you than you can even imagine today ACTION EXERCISE Select just one key task that you have been procrastinating on starting, or bringing to completion, and resolve to take action on it immediately. Keep repeating to yourself these magic motivating words: “Do it now! Do it now! Do it now!” ◆◆◆ Be Prepared to Climb from Peak to Peak Winning is not a sometime thing; it’s an all the time thing. —VINCE LOMBARDI JUST AS A mountain climber who has reached one peak must go down into the valley before climbing to another peak, your life and career will be a series of ups and downs. As you’ve heard, “Life is a process of two steps forward and one step back.” All business life is made up of cycles and trends. There are up cycles and down cycles. Often, trends in business can lead to a complete change in the industry. We see this today with the Internet and the expansion of technology in all directions, which are changing many of our fixed ideas and beliefs about the way business is done. Develop a long-time perspective. Take the long view in everything you do. Plan two, three, four, and five years into the future and don’t allow yourself to get onto an emotional roller coaster with the shortterm ups and downs of daily life. Keep reminding yourself that everything in your life moves in cycles and trends. Be calm, confident, and relaxed with short-term fluctuations in your fortune. When you have clear goals and plans that you are working on every day, the general trend line of your life will tend to be onward and upward over the years. ACTION EXERCISE Identify the key cycles and trends in your business. Where is the market going? What is changing and how will you have to adapt to these changes? What steps should you be taking today to be ready to take advantage of the new world of tomorrow? Whatever your answer, take those steps now! Practice Self-Discipline in All Things Self-discipline is the ability to make yourself do what you should do, when you should do it, whether you feel like it or not. —ELBERT HUBBARD SELF-DISCIPLINE IS the most important single quality for success in life and in becoming a self-made millionaire. If you can discipline yourself to do what you should do, when you should do it, whether you feel like it or not, your success is virtually guaranteed. The key to becoming a self-made millionaire is having a long-time perspective combined with an ability to delay gratification in the short term. It is your ability to set a long-term goal of becoming financially independent and then to discipline yourself, every single day and with every single expenditure, to do only those things that will guarantee that you ultimately achieve your long-term goal. Self-discipline requires self-mastery, self-control, self-responsibility, and self-direction. The difference between successful people and failures is that successful people make a habit of doing the things that failures do not like to do. And what are those things? The things that failures don’t like to do are the same things that successful people don’t like to do either. But successful people do them anyway because they realize that this is the price they must pay for the success they desire. Successful people are more concerned with pleasing results. Failures are more concerned with pleasing methods. Successful people take actions that are goal achieving. Unsuccessful people take actions that are tension relieving. Successful people do the things that are hard and necessary and important. Unsuccessful people, on the other hand, prefer to do the things that are fun and easy and that give them immediate enjoyment. The good news is that every act of self-discipline strengthens your other disciplines as well. Every time you practice self-discipline, your self-esteem goes up. You like and respect yourself even more. And the more you practice discipline in small things, the more capable you become of the great disciplines required for the great opportunities, experiences, and challenges of life. Remember that everything in life is a test. Every day, every hour, and sometimes every minute, you are taking a test—of self-mastery, self-control, and selfdiscipline. The test is to see whether you can make yourself do the things that are most important and stay with them until they are complete. The test is whether you can keep your mind on what you want and where you are going rather than thinking and talking about things you don’t want or problems you have had in the past. When you pass the test, you move onward and upward to the next “grade.” And as long as you keep passing the tests, you keep moving onward and upward in your life. Success requires tons of discipline. As Jim Rohn says, “Discipline weighs ounces; failure weighs tons. ACTION EXERCISE Change one thing at a time. Identify one area of your life where lack of discipline is interfering with your success. Decide today to develop discipline in that area. Launch strongly. Tell others about your decision. Never allow exceptions until the new habit is firmly entrenched. This decision alone could change your life
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