Archive for March, 2013

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I always ask myself each day, am I focusing on what others are doing? Am I worried too much of the changes around? Am I spending my TIME focusing on others behavior & actions? If the answer is YES. It is a RED alarm. Here’s sharing with you WHY?

 When we focus on others, could be peers, could be boss, could be subordinates, could be support groups, we are giving our attention to them. We are focusing on things that are controlled by them. It is like entering a Foreign territory without a VISA. What happens, one gets caught and gets expelled. The same happens with our thoughts. When one focuses on others he lets his own ground unguarded. His productivity immediately drops. His actions are dominated primarily based on his observation of others. Each one of us operate in different circumstances. Hence the thoughts, actions and responses of individual are different from other person.

 The best way to tackle this MYTH created by mind is to let go the thought. Re Focus on our own Goals. Have faith in the system. The Universal system. There is a Universal Law which states that “Anything that I focus on Expands”. This law doesn’t distinguish between Good or Bad. Hence if one focuses on BAD he receives BAD, when one focuses on GOOD he receives GOOD. Stick to Your ground and see the difference. Productivity is in content creation. Lay focus on content creation and soon you would be riding HIGH on being one of the highly productive and successful people. People would want to associate with you. You will be able to help people. Serving people is the ultimate goal we all are here for. When we serve others by law our needs get fulfilled. Milk when it is just about to boil rises from corners of vessel not from the center, the center automatically lifts itself………

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The 1$ Deal!

If you are not willing to risk the unusual, you will have to settle for the ordinary.” – Jim Rohn

Have you heard of some Management jerks settling for a 1$ salary at the position of CEO? What is this deal exactly? How does one settle for nothing?

 

The game isn’t that simple. Most of the CEO’s like the Iacocca’s or Vikram Pundit settle for a low remuneration with a purpose. The purpose is their strategy, vision and confidence to transform the future of a company. People ask what the heck, they must be getting something else. No, my dear! It’s a deal! 1$ it is. Yes, but there is something grand if they achieve their target. That will wipe off whatever they did not get and make them millionaires of even billionaires.

 

What is this deal?

 

At this position of a CEO, you are at the center of CHANGE. You impact the change, you shape the CHANGE, and you OWN the change. Usually when the company isn’t doing well or the economy is tough, sales are low, margins are low, and the market isn’t moving the company cannot afford high salaries. The CEO is the first person to demonstrate what is good for the company by taking a pay cut. This is followed by implementation of other cuts. The CEO role models the whole deal which is in favor of the company and its shareholders. The CEO then unveils his plan for the year, 2 years, or a decade depending on the strategy to take the company out of mess or to its next level. Some of the measures are, Cutting costs, increasing sales, finding high demand high margin products, reducing the cycle time, selling old assets, selling loss making or not moving products, restructuring the organization. Once these measures are in place the company starts making progress. With close monitoring, increased targets, motivation, role changes the whole environment becomes competitive. All the engines start firing in same direction. Profits slowly begin to rise. The profits are re invested partially. The CEO sets the tone for change and then waits for the sown seeds to harvest. Like the seasons of Life, not all seeds harvest. Some fall on the rock, while others are killed by the sun, yet there are those that give bumper crop. The CEO’s job is to cash in on these bumper crops, yet he never ignores those that yield low.

 

With the whole Vision transforming through that Decision and turning it in to Action backed by Motivation translating in to Evolution. The company soon rises to match up with the competition and eventually surpasses the competition.

 What is the CEO’s reward for doing all this?

 High salary? Profit sharing?

 Well, the highest reward is the Credibility that he creates by virtue of transforming the organizations fortune. This is exactly what Lee Iacocca did with Chrysler.

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Did you hear about the recent incident that happened in a city in Indiai? A well know bank branch was gutted down in fire. Lockers, documents, money, information all destroyed in one night. In the morning people flocked around to know what they have LOST? Most of them were OLD retired people that came with bank pass books or may be locker keys. Only to realize that all had vaporized. The whole scene was chaotic and unpleasant. Do you know this could happen with our Dad or Mom or our Uncle whose sole retirement money gets wiped out over night?  Or it could be us a couple of years down the line.

 

Now, this is an eye opener! One cannot prevent such incident from happening. However one can guard his assets. How?

 

First of all never keep your money in one place. Never invest only in one instrument. Keep photocopies of agreements in at least 2 places. Scan and keep documents. Teach our parents how to operate online account and also teach them about how to securely do it online.

 

Second, divest investment in multiple assets. It could be gold, land, FIXED deposits, debt instruments, commodities etc.

 

Third, with a small additional premium insure yourself and your family

 

Be safe be happy! 

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