Welcome to this months newsletter. I recently did a pod cast interview with Salesopedia.com. The title of the interview is “Positive Mindset.” The interview is ten minutes long and will make a difference in your success. You can access the podcast for free by clicking here. You can also access this months Short Video, The Power of a Dream, by clicking here.
This month’s message gives you specific tools and strategies to help you overcome any current challenges you are facing. Pass this positive information on to everyone you know. Enjoy the newsletter and have a fantastic finish for 2008!
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My take on current events
Stop Majoring in the Minors
I’m 100 percent sick and tired of hearing about how bad things are. A recent Time Magazine cover has a picture of people in lines from the great depression—insinuating we’re experiencing a similar time.
Bull! There are lines but they’re not bread lines. When I went to buy my new iPhone there was a line out the door. When I went to get my BMW serviced, I had to wait several minutes in line to get in the parking lot. When my wife Susan and I go out to eat, we have to wait at least 30 minutes in line to get a seat. When I leave my office to drive a few minutes to my home there are lines of nice cars that someone owns waiting to fill-up with gas.
When we think of extraordinary success we often think of the multi-million dollar companies with multiple branches covering many cities. Many times we forget that the key to all major successes is people. Ordinary people, who are inspired, motivated, trained, and encouraged to live up to their full potential. It takes people to sell products and it takes people to get results.
So how do you gain, train and maintain quality people? First, you go back to the premise that ordinary people, properly trained, motivated and encouraged have the potential to become extraordinary achievers
Warren Buffett’s Secrets — That Can Work for You
With an estimated fortune of $62 billion, Warren Buffett is the richest man in the entire world. In 1962, when he began buying stock in Berkshire Hathaway, a share cost $7.50. Today, Buffett, 78, is Berkshire’s chairman and CEO, and one share of the company’s class A stock is worth close to $119,000. He credits his astonishing success to several key strategies, which he has shared with writer Alice Schroeder. She spent hundreds of hours interviewing the Sage of Omaha for the new authorized biography The Snowball. Here are some of Buffett’s money-making secrets – and how they could work for your.
No. 1: Reinvest Your Profits
When you first make money, you may be tempted to spend it. Don’t. Instead, reinvest the profits. Buffett learned this early on. In high school, he and a pal bought a pinball machine to put in a barbershop. With the money they earned, they bought more machines until they had eight in different shops. When the friends sold the venture, Buffett used the proceeds to buy stocks and to start another small business. By age 26, he’d amassed $174,000 – or $1.4 million in today’s money. Even a small sum can turn into great wealth.