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Rasheed Ali's
"Conquer Your Adversity"
Newsletter |
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Achievement and Happiness the 80/20
Way
by Rasheed Ali
If there was ever a principle that was responsible for the most
happiness and achievement in the world, it would be the 80/20 Principle.
The 80/20 Principle or Pareto Principle was discovered in 1897
by an Italian economist Vilfredo Pareto while he was searching for
patterns of wealth and income in England.
What he found was that 80 percent of the wealth was enjoyed by
only 20 percent of the population. Additionally, it was consistent
in different countries and in different times.
This has been found in present day as well and in almost any activity
that we perform, business or otherwise.
In other words, . . .
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| Home > The Hidden Power Of
Understanding |
The Hidden Power Of
Understanding: A Secret To Building Massive Momentum In
Business
by Matt Zembruski
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| You're busy with your business today, aren't
you? You're pushing your mind and body to the limit just about
everyday to handle all the activities that need to be done. But
something's missing.
Something is not quite right with this picture. Didn't you get into
business to have more time freedom and more money to do what you want
to do whenever you want to do it?
Didn't you get into business thinking that once you get it organized
and "up and running" you would be able to take some time off to
vacation and enjoy your ever-increasing profits?
Well, if you happen to agree with any of these questions, then you'll
be happy to hear that there is a solution to make things better for
you and your business. There is a missing ingredient to this
all-too-common
situation which many business owners experience.
What's missing from your business today is momentum -- massive,
powerful, profit-pumping momentum!
So what is momentum, anyway?
Webster's Dictionary defines "momentum" as a "strength or force that
keeps growing". That means if you want to get your profits growing and
start putting more money into your pocket month after month, you need
to have the power of momentum working for you.
This might be best understood with an example.
Imagine that your business is a car, and you are driving on a small
side road when you decide to turn up an onramp to go onto the highway.
To get up the ramp, you need to push the pedal down a little more and
keep pushing on that pedal until your car is past the onramp and
moving forward at 65 MPH down the highway. (or 105 KPH for non-US
drivers :)
Now for the magical part of the story. Once you are going this speed
down the highway, you can let up on the accelerator a bit and still
maintain your speed of 65 MPH. In other words, at this point you are
actually using much less gas to travel much faster and further.
Do you know why your car can go faster with less effort on the highway
as compared to the side streets?
The answer is momentum!
You can take your business from the crowded side roads of mediocrity
to the fast-moving highways of greatness. You have all the ability and
talent you need right now to catapult your business to amazing levels
of success and profits.
All you need to do to take things to the next level is learn how to
harness the power of positive momentum and get it working for you
right away. Creating momentum helps small, entrepreneurial businesses
all the way up to large multi-billion dollar corporations. And it can
work for you and your business just the same.
The first step to creating positive momentum in your business is
simply called "Understanding". Let's cover an overview of what I mean
by "Understanding" and how you can take this first step right away.
It's important to understand where you're at today in your business.
Thinking about and answering the following questions will help you to
develop your foundation for massive momentum. Just as when you build a
new house, it is always important to start with a strong, solid
foundation. Here are some questions to get you thinking about the
topic of Understanding:
1. How many years have you been involved in your trade or business?
2. What type of business are you in today? (i.e. direct sales, retail,
etc.)
3. On a scale from 1 to 10 (with 10 being the best), where would you
rank your current standing in business as compared to other companies
or individuals in your industry?
4. How often do you read newsletters and/or trade publications in your
industry?
5. Do you work part-time or full time? About how many hours per week?
6. What are the one or two biggest reasons why you are in this
business today? (i.e. do you love the product or service, do you hope
to make enough money to become financially free someday, do you love
the interactions you have with your customers, etc.)
7. How do you measure success in your business today?
(i.e. profits/money, number of customers, etc.)
Make some time in your schedule this week to think about your answers
to these questions. And if you have a business coach today, also make
the time to review your thoughts about these questions with him or
her.
Understanding where you're at in your business today is the first
step to laying a solid foundation and beginning to catapult your
business into massive momentum. Take action and get these questions
answered today. You'll be glad you did!
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Matt Zembruski (aka "Mr. Momentum") is the author of this article and
publisher of the Massive Momentum Now newsletter, which shows you how
to ignite the momentum in your business and make more money in 90 days
than you usually do in 9 months! F-R-E-E special report when you visit
his site today:
http://www.mrmomentum.com
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